MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0110383
Addon Manpower Solutions Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.18 Cr
▲ 54% YoY
Net profit · FY 2024
₹1.64 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹43.07 Lakh
EBITDA margin 19.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.73 Lakh
Issued & subscribed
Open charges
₹1.53 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Addon Manpower Solutions Private Limited
Data last updated:
Addon Manpower Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 15 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC110318. Its GSTIN is 24AASCA8289N1ZO (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.73 Lakh. It is led by directors Naveen Shankar Pillai and Deepti Naveen Pillai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No – 201 2nd Floor Ayushyaman Plaza Near Vitthal Plaza Naroda, Ahmedabad, Gujarat, India – 382330.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.18 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Lakh (net margin 0.8%) and EBITDA of ₹43.07 Lakh (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years.
The company is associated with 1 brand: Addon Global. As per MCA filings, the company has open charges of ₹1.53 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending.
Addon Manpower Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0110383). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website addon-global.com.
Company details
CIN U74999GJ2019PTC110318
Registration Number 110318
Incorporation Date 15 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0110383
Recognitions & Rankings of Addon Manpower Solutions
Contact details
Addon Manpower Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is addon-global.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo – 201 2nd Floor Ayushyaman Plaza Near Vitthal Plaza Naroda, Ahmedabad, Gujarat, India – 382330
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Addon Manpower Solutions Private Limited, buy the company report.
Comprehensive company report
Addon Manpower 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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Secure checkout · GST invoice included
Brands
Addon Manpower Solutions operates one associated brand: Addon Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HR consulting services focused on policy design, compliance, and talent management. | addon-global.com |
Business activity
The main business activity of Addon Manpower Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Addon Manpower Solutions Private Limited, buy the company report.
Financials of Addon Manpower Solutions Private Limited
FY 2024 filings availableAddon Manpower Solutions Private Limited reported revenue of ₹2.18 Cr (up 54% YoY) for FY 2024.
Revenue · FY 2024
₹2.18 Cr ▲ 54%
Net profit · FY 2024
₹1.64 Lakh margin 0.8%
EBITDA · FY 2024
₹43.07 Lakh margin 19.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 76%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 46%
Revenue has grown at a compounded annual rate (CAGR) of 76% over three years, including 54% growth in the latest year. EBITDA rose 27% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹43.07 Lakh | ||||
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| Net Profit (PAT) | ₹1.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Addon Manpower Solutions Private Limited, buy the company report.
Board of directors of Addon Manpower Solutions Private Limited
Addon Manpower Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Shankar Pillai Also directs: Addon Infraventures LLP, Addon Market Masters LLP, Addon Infra Solutions Private Limited and 3 more | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Deepti Naveen Pillai Also directs: Addon Infraventures LLP, Addon Market Masters LLP, Addon Infra Solutions Private Limited and 3 more | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Addon Manpower Solutions Private Limited is audited by GAJERA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAJERA & ASSOCIATES | FY 2023 | 135276W |
Shareholding
The shareholding of Addon Manpower Solutions Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Addon Manpower Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.53 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2023 | 100724201 | Others | ₹1.53 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Addon Manpower Solutions Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed against the company
4
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Kisetsu Saison Finance India Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Ugro Capital Ltd. | Disposed |
To see the full case history of Addon Manpower Solutions 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 Addon Manpower Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Addon Manpower Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCA8289N1ZO | Gujarat | Active | 14 Nov 2019 |
To see the full GST registrations and return filing status of Addon Manpower Solutions Private Limited, buy the company report.
Recent activity
Addon Manpower Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Deepti Naveen Pillai was appointed as Director on 15 Oct 2019.
AGM
Addon Manpower Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Addon Manpower Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 153.31 Lakh with Charge ID 100724201 was registered on 30 May 2023.
Appointed
Deepti Naveen Pillai was appointed as Director.
Appointed
Naveen Shankar Pillai was appointed as Director.
Incorporation
15 Oct 2019
Addon Manpower Solutions Private Limited was registered on 15 Oct 2019 with Roc Ahmedabad & aged 7 years 12 days as per MCA records.
Frequently asked questions
Addon Manpower Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 15 October 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC110318.
Addon Manpower Solutions has 2 current directors:
- Naveen Shankar Pillai - Director
- Deepti Naveen Pillai - Director
The latest financial statements of Addon Manpower Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Addon Manpower Solutions is 24AASCA8289N1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Addon Manpower Solutions is U74999GJ2019PTC110318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addon Manpower Solutions has 4 court cases on record: 4 filed against it. 3 are pending.
Addon Manpower Solutions was incorporated on 15 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Deepti Naveen Pillai was appointed as Director on 15 Oct 2019. Naveen Shankar Pillai was appointed as Director on 15 Oct 2019.
Yes, Addon Manpower Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0110383).
Addon Manpower Solutions can be reached through the website addon-global.com. Its registered office is in Ahmedabad, Gujarat, India.