Akar Hr Management Private Limited

Akar Hr Management Private Limited - business outsourcing in Surat, Gujarat, India. FY 2026 financials and compliance.
CIN U74120GJ2013PTC077942 Incorporated 17 December 2013 ROC Ahmedabad HQ Surat, Gujarat, India
Converted to LLP Private Limited Company business outsourcing
Data last updated
Revenue · FY 2023
₹41.7 Cr
▲ 62.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.7 Lakh
Issued & subscribed
Open charges
None
Satisfied ₹4.65 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
2,203
Latest available

About Akar Hr Management Private Limited

Data last updated: 26 July 2025

Akar Hr Management Private Limited is a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP). For the latest details, refer to the successor LLP entity. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 17 December 2013, the company has been in operation for over 13 years.

Registered with ROC Ahmedabad under CIN U74120GJ2013PTC077942.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.7 Lakh. Formerly known as Akar Human Resource Management Private Limited. It is led by directors Mumtaz Deven Desai and Deven Jayavantlal Desai.

Last AGM: 11 September 2023. Financial statements filed for year ended 31 March 2023. Office: 308 Wood Sqaure Nr. Tgb Restaurant L.P. Savani Road New Adajan, Surat, Gujarat, India – 395009.

As per the financials filed for FY 2023, the company reported a revenue of ₹41.7 Cr, a growth of 62% compared to the previous year.

The company has a workforce of approximately 2,203 employees as per the latest available data.

The company is associated with 1 brand - Akar Hr Management. As per MCA filings, the company has satisfied charges of ₹4.65 Cr on record.

The company has been converted to a Limited Liability Partnership (LLP). For the most current information, refer to the successor LLP entity registered with MCA. The last known website on record is akarcsms.com.

Company Details of Akar Hr Management Private Limited
CIN U74120GJ2013PTC077942
Registration Number 077942
Incorporation Date 17 December 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 11 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    308 Wood Sqaure Nr. Tgb Restaurant L.P. Savani Road New Adajan, Surat, Gujarat, India – 395009
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
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Financials, compliance, directors, charges, ownership and filings for Akar Hr Management Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Akar Hr Management Private Limited

Akar Hr Management Private Limited operates one associated brand: AKAR HR Management. These brands represent Akar Hr Management Private Limited's diversified market presence and brand portfolio.

Brand Description Website
HR management and consulting services focused on organizational development and performance improvement. akarcsms.com

Business Activity of Akar Hr Management Private Limited

Akar Hr Management Private Limited is engaged in principal business activities including support service to organizations and financial and insurance service, with detailed activities including placement agencies and hr management services, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

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
K Financial and insurance Service K8 Other financial activities Locked
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Auditor Details of Akar Hr Management Private Limited

Akar Hr Management Private Limited is audited by UDAY P. NANAVATI & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
UDAY P. NANAVATI & ASSOCIATES Locked Locked Locked
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Board of Directors of Akar Hr Management Private Limited

Akar Hr Management Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Mumtaz Deven Desai Director 17 Dec 2013 12 Years 7 Months As last reported
Deven Jayavantlal Desai Director 17 Dec 2013 12 Years 7 Months As last reported

Financials of Akar Hr Management Private Limited FY 2023 filings available

Akar Hr Management Private Limited reported revenue of ₹41.7 Cr (up 62.00% YoY) for FY 2023.

Revenue · FY 2023
₹41.7 Cr ▲ 62.00%
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Ownership and Shareholding of Akar Hr Management Private Limited

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Charges & Borrowings of Akar Hr Management Private Limited

Open charges
₹0
Satisfied charges
₹4.65 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹3.95 Cr
Others₹0.70 Cr
Latest charge details
DateLenderAmountStatus
30 Sep 2020 Hdfc Bank Limited ₹3.95 Cr Satisfied
13 Mar 2019 Others ₹30 Lakh Satisfied
05 Oct 2016 Others ₹40 Lakh Satisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Akar Hr Management Private Limited

Akar Hr Management Private Limited has a workforce of 2,203 employees as of Apr 07, 2024.

Employee count
2,203
Active EPFO establishments
1
Employee growth
2.85%
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GST Compliance of Akar Hr Management Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Akar Hr Management Private Limited

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MSME Payment Delays by Akar Hr Management Private Limited

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MSME payment history for Akar Hr Management Private Limited

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Subsidiaries & Group Companies of Akar Hr Management Private Limited

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MCA Filings & Documents of Akar Hr Management Private Limited

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MCA filings and documents for Akar Hr Management Private Limited

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Recent Activity on Akar Hr Management Private Limited

Charges
11 Oct 2023
A charge registered on 30 Sep 2020 via Charge ID 100382744 with Hdfc Bank Limited was fully satisfied on 11 Oct 2023.
Activity
11 Sep 2023
Akar Hr Management Private Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.
Activity
31 Mar 2023
Akar Hr Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
10 Sep 2021
A charge with Hdfc Bank Limited of Rs. 395.00 Lakh registered on 30 Sep 2020 with Charge ID 100382744 was modified on 10 Sep 2021.
Charges
14 Oct 2020
A charge registered on 13 Mar 2019 via Charge ID 100246069 with Others was fully satisfied on 14 Oct 2020.
Charges
14 Oct 2020
A charge registered on 05 Oct 2016 via Charge ID 100053815 with Others was fully satisfied on 14 Oct 2020.

Frequently Asked Questions about Akar Hr Management Private Limited

Akar Hr Management Private Limited has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Akar Hr Management Private Limited is a former company now converted to LLP, previously operating as a private limited company in the business outsourcing sector based in Surat, Gujarat, India. It was incorporated on 17 December 2013 and is registered under CIN U74120GJ2013PTC077942. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Akar Hr Management Private Limited is U74120GJ2013PTC077942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The current directors of Akar Hr Management Private Limited are:

The primary industry of Akar Hr Management Private Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management.

Akar Hr Management Private Limited was incorporated on 17 December 2013. Registered with ROC Ahmedabad.

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