MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0041848
Udyami Vikas Private Limited
Udyami Vikas Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹18.72 Cr
▼ 27% YoY
Net profit · FY 2022
₹19.74 Lakh
Net margin 1.1%
EBITDA · FY 2022
₹38.78 Lakh
EBITDA margin 2.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
29
Provident fund records
Directors on board
2
As per MCA filings
About Udyami Vikas Private Limited
Data last updated:
Udyami Vikas Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC130073. Its GSTIN is 29AANCM1095M1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mayur Enterprises Hrm Private Limited. It is led by directors Sowbhagya and Tatguni Honna Prakash.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 181 1st Floor 2nd Cross Government School Road Doddakallasandra, Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2022, the company reported a revenue of ₹18.72 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹19.74 Lakh (net margin 1.1%) and EBITDA of ₹38.78 Lakh (EBITDA margin 2.1%).
The company has about 29 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending.
Udyami Vikas Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0041848).
Company Details of Udyami Vikas Private Limited
CIN U74999KA2019PTC130073
Registration Number 130073
Incorporation Date 26 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0041848
Key People
Sowbhagya Director Tatguni Honna Prakash Director Recognitions & Rankings of Udyami Vikas
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address181 1st Floor 2nd Cross Government School Road Doddakallasandra, Bangalore, Karnataka, India – 560062
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
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Business Activity of Udyami Vikas Private Limited
The main business activity of Udyami Vikas is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Udyami Vikas Private Limited FY 2022 filings available
Udyami Vikas Private Limited reported revenue of ₹18.72 Cr (down 27% YoY) for FY 2022.
Revenue · FY 2022
₹18.72 Cr ▼ 27%
Net profit · FY 2022
₹19.74 Lakh margin 1.1%
EBITDA · FY 2022
₹38.78 Lakh margin 2.1%
Compounded Annual Growth Rate (CAGR) of Udyami Vikas Private Limited
Revenue CAGR growth
1 year
▼ 27%
EBITDA CAGR growth
1 year
▲ 12%
Revenue fell 27% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Udyami Vikas Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹38.78 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.74 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 of Udyami Vikas Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.1% | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Udyami Vikas are in the company report.
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Financial statements from FY 2020
Earlier years and trend charts are in the company report.
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Board of Directors of Udyami Vikas Private Limited
Udyami Vikas has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sowbhagya | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
| Tatguni Honna Prakash | Director | 26 Nov 2019 | 6 Years 10 Months | Current |
Peer Comparison of Udyami Vikas Private Limited
Udyami Vikas Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altir India Private Limited | ₹18.88 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Blue Ten India Services Private Limited | ₹18.85 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Bhiwadi, Rajasthan, India |
| SKS Multy Amc Services Private Limited | ₹18.75 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Bangalore, Karnataka, India |
| Delta Sys-Tech (India) Pvt Ltd | ₹18.72 Cr (FY 2025) | •••• | •••• | 75.0% | •••• | Vadodara, Gujarat, India |
| Schloss Gandhinagar Private Limited | ₹18.72 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Udyami Vikas Private Limited this company | ₹18.72 Cr (FY 2022) | •••• | •••• | -27.0% | •••• | Bangalore, Karnataka, India |
| Topgrade Global Private Limited | ₹18.71 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Rajnandgaon, Chhattisgarh, India |
| Aaradhya Vaypaar Private Limited | ₹18.7 Cr (FY 2018) | •••• | •••• | 106.0% | •••• | Kolkata, West Bengal, India |
| Zilika Technologies Private Limited | ₹18.66 Cr (FY 2025) | •••• | •••• | 424.0% | •••• | Hyderabad, Telangana, India |
| Timesol Facility Management Private Limited | ₹18.65 Cr (FY 2023) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Ransha Realty Private Limited | ₹18.6 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Udyami Vikas by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Udyami Vikas Private Limited
Udyami Vikas Private Limited is audited by V G BODE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V G BODE & CO | Locked | Locked | Locked |
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Complete auditor history
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Ownership and Shareholding of Udyami Vikas Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Udyami Vikas Private Limited
Udyami Vikas Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Udyami Vikas Private Limited
Udyami Vikas Private Limited has 7 court cases on record: 1 filed by Udyami Vikas, 6 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 01 Oct 2026.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
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Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Udyami Vikas Private Limited
Udyami Vikas Private Limited has a workforce of 29 employees as of Mar 30, 2024.
Employee count
29
Active EPFO establishments
1
Employee growth
-23.68%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Verified entity values are shown only after access is granted.
Recent Activity on Udyami Vikas Private Limited
Udyami Vikas Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Haravari Erappa Ashwini ceased to be Additional Director on 28 Nov 2021.
AGM
Udyami Vikas Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Udyami Vikas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Haravari Erappa Ashwini ceased to be Additional Director.
Ceased
Kantharaju Baragur Mallappa ceased to be Managing Director.
Appointed
Sowbhagya was appointed as Director.
Appointed
Tatguni Honna Prakash was appointed as Director.
Incorporation
26 Nov 2019
Udyami Vikas Private Limited was registered on 26 Nov 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Udyami Vikas Private Limited
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MSME Payment Delays by Udyami Vikas Private Limited
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Subsidiaries & Group Companies of Udyami Vikas Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Udyami Vikas Private Limited
Udyami Vikas has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM1095M1ZR | Karnataka | Active | 27 Mar 2020 |
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MCA Filings & Documents of Udyami Vikas Private Limited
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Frequently Asked Questions about Udyami Vikas Private Limited
Udyami Vikas is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U74999KA2019PTC130073.
Udyami Vikas reported revenue of ₹18.72 Cr for FY 2022 (down 27% YoY).
Udyami Vikas has 2 current directors:
- Sowbhagya - Director
- Tatguni Honna Prakash - Director
Udyami Vikas reported a net profit of ₹19.74 Lakh (net margin 1.1%) and EBITDA of ₹38.78 Lakh (EBITDA margin 2.1%) for FY 2022, as per its filed financial statements.
The GSTIN of Udyami Vikas is 29AANCM1095M1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Udyami Vikas is U74999KA2019PTC130073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Udyami Vikas has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Udyami Vikas was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Udyami Vikas by revenue are Altir India Private Limited, Blue Ten India Services Private Limited, SKS Multy Amc Services Private Limited, Delta Sys-Tech (India) Pvt Ltd, Schloss Gandhinagar Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Haravari Erappa Ashwini ceased to be Additional Director on 28 Nov 2021. Kantharaju Baragur Mallappa ceased to be Managing Director on 06 Aug 2021. Sowbhagya was appointed as Director on 26 Nov 2019. Udyami Vikas has 4 board changes on record in total.
Yes, Udyami Vikas is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0041848).