Accord212 Human Resource Solutions Private Limited

Accord212 Human Resource Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U93000KA2016PTC093498 Incorporated 23 May 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing MSME · Small
Data last updated
Revenue · FY 2024
₹15.73 Cr
▲ 58% YoY
Net profit · FY 2024
₹14.29 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹27.77 Lakh
EBITDA margin 1.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹27.1 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
319
Provident fund records

About Accord212 Human Resource Solutions Private Limited

Data last updated:

Accord212 Human Resource Solutions 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 23 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2016PTC093498. Its GSTIN is 29AAOCA4752E2ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deenadayalan Santosh (Managing Director) and Nuggihalli Karibasappa Niranjanmurthy.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.73 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹14.29 Lakh (net margin 0.9%) and EBITDA of ₹27.77 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 39% over five years.

The company has about 319 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹27.1 Lakh on record.

Accord212 Human Resource Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072990). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accord212.com.

Company details

CIN U93000KA2016PTC093498
Registration Number 093498
Incorporation Date 23 May 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0072990

Recognitions & Rankings of Accord212 Human Resource Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0072990

Contact details

Accord212 Human Resource Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is accord212.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.261 2nd Floor Ns Complex Triveni Road Gokula 1st Stage II Phase Yeshwanthapur, A, Bangalore, Karnataka, India – 560054
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Accord212 Human Resource Solutions Private Limited, buy the company report.

Comprehensive company report
Accord212 Human Resource Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Accord212 Human Resource Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Accord212 Human Resource Solutions Private Limited, buy the company report.

Financials of Accord212 Human Resource Solutions Private Limited

FY 2025 filings available

Accord212 Human Resource Solutions Private Limited reported revenue of ₹15.73 Cr (up 58% YoY) for FY 2024.

Revenue · FY 2024
₹15.73 Cr ▲ 58%
Net profit · FY 2024
₹14.29 Lakh margin 0.9%
EBITDA · FY 2024
₹27.77 Lakh margin 1.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 54%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 27%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 58% growth in the latest year. EBITDA rose 48% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹27.77 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.29 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.8%
Net Profit Margin0.9%
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 Accord212 Human Resource Solutions Private Limited, buy the company report.

Board of directors of Accord212 Human Resource Solutions Private Limited

Accord212 Human Resource Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Deenadayalan SantoshManaging Director23 May 201610 Years 5 MonthsCurrent
Nuggihalli Karibasappa NiranjanmurthyDirector23 May 201610 Years 5 MonthsCurrent

Peer comparison

Accord212 Human Resource Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Brainsitter India Private Limited₹15.81 Cr (FY 2025)202.0%Pune, Maharashtra, India
Accord212 Human Resource Solutions Private Limitedthis company₹15.73 Cr (FY 2024)₹14.29 Lakh0.9%58.0%319Bangalore, Karnataka, India
Ramya Outsourcing Solutions Private Limited₹15.72 Cr (FY 2022)-6.0%Sri Perumbudur, Tamil Nadu, India
Hyper HR Nucleus Solutions Private Limited₹15.72 Cr (FY 2018)-14.0%Faridabad, Haryana, India
Jky Management Solution Limited₹15.7 Cr (FY 2025)3.0%Filkhana, Uttar Pradesh, India
Peoplesquare Human Resource Consulting Private Limited₹15.68 Cr (FY 2025)24.0%Mumbai, Maharashtra, India

To see the full peer comparison of Accord212 Human Resource Solutions Private Limited, buy the company report.

Auditor

Accord212 Human Resource Solutions Private Limited is audited by GIRISHA & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GIRISHA & COFY 2023011887S

Shareholding

The shareholding of Accord212 Human Resource Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Accord212 Human Resource Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹27.1 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.27 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Nov 2022100666642Others₹7.1 LakhOpen
01 Jun 2021100448768Others₹20 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Accord212 Human Resource Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Accord212 Human Resource Solutions Private Limited has a workforce of 319 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
319
Active EPFO establishments
1
Employee growth
-4.2%

GST

Accord212 Human Resource Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAOCA4752E2ZGKarnatakaActive19 Sep 2018

To see the full GST registrations and return filing status of Accord212 Human Resource Solutions Private Limited, buy the company report.

Recent activity

Accord212 Human Resource Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Deenadayalan Santosh was appointed as Managing Director on 23 May 2016.

AGM
Accord212 Human Resource Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Accord212 Human Resource Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 7.10 Lakh with Charge ID 100666642 was registered on 24 Nov 2022.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100448768 was registered on 01 Jun 2021.
Appointed
Deenadayalan Santosh was appointed as Managing Director.
Appointed
Nuggihalli Karibasappa Niranjanmurthy was appointed as Director.
Incorporation
23 May 2016
Accord212 Human Resource Solutions Private Limited was registered on 23 May 2016 with Roc Bangalore & aged 10 years 5 months as per MCA records.

Frequently asked questions

Accord212 Human Resource Solutions 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 23 May 2016 (10+ years old) and is registered under CIN U93000KA2016PTC093498.

Accord212 Human Resource Solutions has 2 current directors:

The latest financial statements of Accord212 Human Resource Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Accord212 Human Resource Solutions is 29AAOCA4752E2ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Accord212 Human Resource Solutions is U93000KA2016PTC093498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Accord212 Human Resource Solutions was incorporated on 23 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Accord212 Human Resource Solutions by revenue are Brainsitter India Private Limited, Ramya Outsourcing Solutions Private Limited, Hyper HR Nucleus Solutions Private Limited, Jky Management Solution Limited, Peoplesquare Human Resource Consulting Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Deenadayalan Santosh was appointed as Managing Director on 23 May 2016. Nuggihalli Karibasappa Niranjanmurthy was appointed as Director on 23 May 2016.

Yes, Accord212 Human Resource Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0072990).

Accord212 Human Resource Solutions can be reached through the website accord212.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Accord212 Human Resource Solutions is at No.261 2nd Floor Ns Complex Triveni Road Gokula 1st Stage II Phase Yeshwanthapur, A, Bangalore, Karnataka, India – 560054.