About Srushti Outsourcing Private Limited
Data last updated:
Srushti Outsourcing Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 07 November 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2013PTC071724. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.8 Lakh. It was led by directors including Suresh Gangasandra Channappa and Shankar Sambasivam.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at No 255 1st Floor 1st Cross(Hgh Extn Layout) Ganganagar Layout, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2015, the company reported a revenue of ₹17.28 Cr. For the same year it recorded a net profit of ₹24.64 Lakh (net margin 1.4%) and EBITDA of ₹44.36 Lakh (EBITDA margin 2.6%).
The company had about 7 employees on its provident fund (EPFO) records before it was struck off.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The last known website on record is srushti.biz.
Company details
Contact details
Srushti Outsourcing Private Limited's registered office is in Bangalore, Karnataka. Its website is srushti.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 255 1st Floor 1st Cross(Hgh Extn Layout) Ganganagar Layout, Bangalore, Karnataka, India – 560032
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Srushti Outsourcing Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Srushti Outsourcing Private Limited
FY 2015 filings availableSrushti Outsourcing Private Limited reported revenue of ₹17.28 Cr for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹17.28 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹44.36 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹24.64 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.6% |
| Net Profit Margin | 1.4% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Srushti Outsourcing Private Limited, buy the company report.
Board of directors of Srushti Outsourcing Private Limited
Srushti Outsourcing has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Gangasandra Channappa | Director | 07 Nov 2013 | 12 Years 11 Months | As last reported |
| Shankar Sambasivam | Director | 07 Nov 2013 | 12 Years 11 Months | As last reported |
| Sharath Acharya Also directs: Srushti CBS LLP | Director | 07 Nov 2013 | 12 Years 11 Months | As last reported |
Auditor
Srushti Outsourcing Private Limited is audited by Mahesh Bhat & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh Bhat & Co. | FY 2015 |
Shareholding
The shareholding of Srushti Outsourcing Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Srushti Outsourcing Private Limited, buy the company report.
Legal cases
Srushti Outsourcing Private Limited has 5 court cases on record: 2 filed by Srushti Outsourcing, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited.. | Pending |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Srushti Outsourcing Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Srushti Outsourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Srushti Outsourcing Private Limited has a workforce of 7 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Srushti Outsourcing has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Srushti Outsourcing Private Limited, buy the company report.
Recent activity
Srushti Outsourcing Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Sharath Acharya ceased to be Director on 31 May 2016.
Frequently asked questions
Srushti Outsourcing has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Srushti Outsourcing was a private limited company based in Bangalore, Karnataka, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 07 November 2013 and is registered under CIN U93000KA2013PTC071724. The company has been struck off by the Registrar of Companies and is no longer operational.
Srushti Outsourcing had 3 directors:
- Suresh Gangasandra Channappa - Director
- Shankar Sambasivam - Director
- Sharath Acharya - Director
The CIN (Corporate Identification Number) of Srushti Outsourcing is U93000KA2013PTC071724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Srushti Outsourcing is at No 255 1st Floor 1st CrossHgh Extn Layout Ganganagar Layout, Bangalore, Karnataka, India – 560032.
Srushti Outsourcing was incorporated on 07 November 2013. It is registered with the Registrar of Companies, Bangalore.
Srushti Outsourcing can be reached through the website srushti.biz. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Srushti Outsourcing on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Srushti Outsourcing has 1 GST registration on record and it is cancelled or inactive.
Srushti Outsourcing operated in the business outsourcing industry, in the HR outsourcing and talent management segment. It worked in this industry before it was struck off.