Allegis Global Solutions (India) Private Limited

Allegis Global Solutions (India) Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2000PTC026205 Incorporated 10 January 2000 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹148.46 Cr
▼ 28% YoY
Net profit · FY 2024
₹17.88 Cr
Net margin 12%
EBITDA · FY 2024
₹25.66 Cr
EBITDA margin 17.3%
Authorised capital
₹26.01 Cr
Registered with MCA
Paid-up capital
₹25.36 Cr
Issued & subscribed
Satisfied charges
₹1.49 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
851
Provident fund records

About Allegis Global Solutions (India) Private Limited

Data last updated:

Allegis Global Solutions (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Allegis Group Inc. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 January 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2000PTC026205. Its GSTIN is 29AABCT3016F1ZM (Karnataka). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹26.01 Cr and a paid-up capital of ₹25.36 Cr. It was formerly known as Tva Infotech Private Limited. It is led by directors Lalkumar Pullikodan and Mayyala Balakrishna.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹148.46 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹17.88 Cr (net margin 12%) and EBITDA of ₹25.66 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.

The company has about 851 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Allegis Global Solutions. As per MCA filings, the company has satisfied charges of ₹1.49 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹24.76 Cr; the latest was in January 2017. Its 6 peer companies in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 3 larger and 3 smaller; the largest is Blue Ocean Personnel & Allied Services Private Limited with revenue of ₹151.02 Cr. The company has 3 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 4 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website allegisglobalsolutions.com.

Company details

CIN U72900KA2000PTC026205
Registration Number 026205
Incorporation Date 10 January 2000
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Parent Company Allegis Group Inc
Compliance Status Active Compliant

Contact details

Allegis Global Solutions (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is allegisglobalsolutions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    C/O.Allegisservices(India)Privatelimitedcommercemantri Level3 No.12/1&12/2 N, S Palya, Bangalore, Karnataka, India – 560076
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Allegis Global Solutions (India) Private Limited, buy the company report.

Comprehensive company report
Allegis Global Solutions (India) 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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Brands

Allegis Global Solutions (India) operates one associated brand: Allegis Global Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provides workforce solutions like managed services, advisory, and recruitment outsourcing.allegisglobalsolutions.com

Business activity

The main business activity of Allegis Global Solutions (India) 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 Allegis Global Solutions (India) Private Limited, buy the company report.

Financials of Allegis Global Solutions (India) Private Limited

FY 2024 filings available

Allegis Global Solutions (India) Private Limited reported revenue of ₹148.46 Cr (down 28% YoY) for FY 2024.

Revenue · FY 2024
₹148.46 Cr ▼ 28%
Net profit · FY 2024
₹17.88 Cr margin 12%
EBITDA · FY 2024
₹25.66 Cr margin 17.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 4%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 2%
5 years · compounded
▲ 24%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 61% 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₹25.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹17.88 Cr
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 Margin17.3%
Net Profit Margin12%
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 Allegis Global Solutions (India) Private Limited, buy the company report.

Board of directors of Allegis Global Solutions (India) Private Limited

Allegis Global Solutions (India) has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lalkumar PullikodanDirector22 Jun 20206 Years 4 MonthsCurrent
Mayyala BalakrishnaDirector20 Feb 20242 Years 8 MonthsCurrent

Peer comparison

Allegis Global Solutions (India) Private Limited is compared with the 6 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
Blue Ocean Personnel & Allied Services Private Limited₹151.02 Cr (FY 2025)14.0%Chennai, Tamil Nadu, India
Chola People and Marketing Services Private Limited₹150.84 Cr (FY 2025)-10.0%Chennai, Tamil Nadu, India
Aditi Tech Consulting Private Limited₹150.61 Cr (FY 2025)14.0%Bengaluru, Karnataka, India
Allegis Global Solutions (India) Private Limitedthis company₹148.46 Cr (FY 2024)₹17.88 Cr12%-28.0%851Bangalore, Karnataka, India
Netizen Engineering Private Limited₹148.14 Cr (FY 2022)-50.0%Mumbai, Maharashtra, India
Nes Global Specialist Engineering Services Private Limited₹148.01 Cr (FY 2025)26.0%Mumbai, Maharashtra, India
NLB Services Private Limited₹144.95 Cr (FY 2025)1.0%New Delhi, Delhi, India

To see the full peer comparison of Allegis Global Solutions (India) Private Limited, buy the company report.

Auditor

Allegis Global Solutions (India) Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Price Waterhouse Chartered Accountants LLPFY 2023012754N/N500016

Shareholding

The shareholding of Allegis Global Solutions (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Allegis Global Solutions (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.49 Cr
Breakdown by lending institutions
Abn Amro Bank N.V.₹1.19 Cr
Others₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Aug 2017100114633Others₹30 LakhSatisfied
10 Jun 200610005373Abn Amro Bank N.V.₹1.19 CrSatisfied

To see the full charge records of Allegis Global Solutions (India) Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Allegis Global Solutions (India) Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹24.76 Cr; the latest was in January 2017.

Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹24.76 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Jan 2017Funding round₹19.15 CrInvestors: Allegies Group Inc, Allegis Global Solutions Inc
Mar 2011Secondary share transferUndisclosedBuyer: Allegis Global Solutions Inc
Seller: an individual
Mar 2010Secondary share transferUndisclosedBuyer: Allegis Global Solutions Inc
Seller: an individual
Nov 2009Funding round₹1.5 CrInvestors: Allegis Global Solutions Inc
Feb 2009Secondary share transferUndisclosedBuyer: Allegis Global Solutions Inc
Seller: an individual

To see the full deal history of Allegis Global Solutions (India) Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Allegis Global Solutions (India) Private Limited has 3 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Careernet Technologies Private Limited
TD Newton and Associates
Flexi Careers India Private Limited
Axiom Associate

To see the full MSME payment records of Allegis Global Solutions (India) Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Allegis Global Solutions (India) Private Limited has a workforce of 851 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
851
Active EPFO establishments
1
Employee growth
-25.02%

GST

Allegis Global Solutions (India) has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
29AABCT3016F1ZMKarnatakaActive01 Jul 2017
29AABCT3016F2ZLKarnatakaActive07 Mar 2024
33AABCT3016F1ZXTamil NaduActive15 Jul 2024

To see the full GST registrations and return filing status of Allegis Global Solutions (India) Private Limited, buy the company report.

Recent activity

Allegis Global Solutions (India) Private Limited has 17 board changes on record since 2008: 2 appointments and 15 cessations. The latest: Samadrita Chakravarty ceased to be Additional Director on 01 Mar 2024.

AGM
Allegis Global Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Allegis Global Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Samadrita Chakravarty ceased to be Additional Director.
Appointed
Mayyala Balakrishna was appointed as Director.
Ceased
Venkatesh Shastry Venkatasubba Ramanandashastry ceased to be Additional Director.
Ceased
Krishna Murthy Yogesh ceased to be Additional Director.
Ceased
Mayyala Balakrishna ceased to be Additional Director.
Ceased
Pravinchand Tatavarti ceased to be Director.
Charges
A charge registered on 07 Aug 2017 via Charge ID 100114633 with Others was fully satisfied on 25 May 2021.
Ceased
Lalkumar Pullikodan ceased to be Additional Director.
Appointed
Lalkumar Pullikodan was appointed as Director.
Ceased
Lay Choo Chng ceased to be Director.

13 earlier events are in the company report.

Frequently asked questions

Allegis Global Solutions (India) 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 10 January 2000 (26+ years old) and is registered under CIN U72900KA2000PTC026205.

Allegis Global Solutions (India) has 2 current directors:

The latest financial statements of Allegis Global Solutions (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Allegis Global Solutions (India) is 29AABCT3016F1ZM, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCT3016F2ZL (Karnataka), 33AABCT3016F1ZX (Tamil Nadu).

The CIN (Corporate Identification Number) of Allegis Global Solutions (India) is U72900KA2000PTC026205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Allegis Global Solutions (India) has 2 court cases on record: 2 filed by the company.

Allegis Global Solutions (India) was incorporated on 10 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.

Allegis Global Solutions (India) has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹24.76 Cr; the latest was in January 2017.

The peers of Allegis Global Solutions (India) by revenue are Blue Ocean Personnel & Allied Services Private Limited, Chola People and Marketing Services Private Limited, Aditi Tech Consulting Private Limited, Netizen Engineering Private Limited, Nes Global Specialist Engineering Services Private Limited and 1 more, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).

Samadrita Chakravarty ceased to be Additional Director on 01 Mar 2024. Mayyala Balakrishna was appointed as Director on 20 Feb 2024. Venkatesh Shastry Venkatasubba Ramanandashastry ceased to be Additional Director on 16 Jan 2024. Allegis Global Solutions (India) has 17 board changes on record in total.

Allegis Global Solutions (India) has 3 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 4 micro and small suppliers. The latest return was filed on 09 Nov 2023.

Allegis Global Solutions (India) can be reached through the website allegisglobalsolutions.com. Its registered office is in Bangalore, Karnataka, India.