Alternate HR Solutions Private Limited

Alternate HR Solutions Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U74920GJ2012PTC068707 Incorporated 20 January 2012 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2022
₹1,398
▼ 99% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2022
Balance sheet date
Last AGM
30 Sep 2022
Annual general meeting

About Alternate HR Solutions Private Limited

Data last updated:

Alternate HR 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 20 January 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74920GJ2012PTC068707. Its GSTIN is 24AAKCA3923H1ZU (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ronil Rajeshbhai Vekariya and Vipulbhai Babulal Limbachiya.

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 Ahmedabad, Gujarat.

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

Company details

CIN U74920GJ2012PTC068707
Registration Number 068707
Incorporation Date 20 January 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

Contact details

Alternate HR Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is althr.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    509 31 Five, B/H. Divya Bhaskar House Corporate Road Makraba, Ahmedabad, Gujarat, India – 380015
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management

To see the full contact details of Alternate HR Solutions Private Limited, buy the company report.

Comprehensive company report
Alternate HR 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 Alternate HR Solutions is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Alternate HR Solutions Private Limited, buy the company report.

Financials of Alternate HR Solutions Private Limited

FY 2022 filings available

Alternate HR Solutions Private Limited reported revenue of ₹1,398 (down 99% YoY) for FY 2022.

Revenue · FY 2022
₹1,398 ▼ 99%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 90%
5 years · compounded
▼ 76%

Revenue has declined at a compounded annual rate (CAGR) of 76% over five years, including a 99% fall 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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 Alternate HR Solutions Private Limited, buy the company report.

Board of directors of Alternate HR Solutions Private Limited

Alternate HR Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ronil Rajeshbhai VekariyaDirector15 Oct 20233 Years 0 MonthsCurrent
Vipulbhai Babulal LimbachiyaDirector11 Sep 20233 Years 1 MonthsCurrent

Peer comparison

Alternate HR Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
First Inch Consultancy Private Limited₹1,400 (FY 2024)-99.0%Noida, Uttar Pradesh, India
Alternate HR Solutions Private Limitedthis company₹1,398 (FY 2022)-99.0%Ahmedabad, Gujarat, India
Lystm Facility Management Private Limited₹1,397 (FY 2025)-100.0%Chennai, Tamil Nadu, India
Small Giants Infotech Private Limited₹1,360 (FY 2025)Karnal, Haryana, India

To see the full peer comparison of Alternate HR Solutions Private Limited, buy the company report.

Auditor

Alternate HR Solutions Private Limited is audited by UMANG SHAH & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
UMANG SHAH & ASSOCIATESFY 2019144224W

Shareholding

The shareholding of Alternate HR Solutions Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Alternate HR Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

Alternate HR Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAKCA3923H1ZUGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Alternate HR Solutions Private Limited, buy the company report.

Recent activity

Alternate HR Solutions Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Hiteshkumar Parthibhai Chaudhari ceased to be Director on 15 Oct 2023.

Ceased
Hiteshkumar Parthibhai Chaudhari ceased to be Director.
Appointed
Ronil Rajeshbhai Vekariya was appointed as Director.
Ceased
Arun Jinaraj Raj ceased to be Director.
Appointed
Vipulbhai Babulal Limbachiya was appointed as Director.
AGM
Alternate Hr Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Alternate Hr Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Ceased
Roopkanta Arun Raj ceased to be Additional Director.
Ceased
Himanshu Paliwal ceased to be Director.
Ceased
Jigar Jadishkumar Brahmbhatt ceased to be Director.
Incorporation
20 Jan 2012
Alternate Hr Solutions Private Limited was registered on 20 Jan 2012 with Roc Ahmedabad & aged 14 years 9 months as per MCA records.

Frequently asked questions

Alternate HR 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 20 January 2012 (14+ years old) and is registered under CIN U74920GJ2012PTC068707.

Alternate HR Solutions has 2 current directors:

The latest financial statements of Alternate HR Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of Alternate HR Solutions is 24AAKCA3923H1ZU, registered in Gujarat.

The CIN (Corporate Identification Number) of Alternate HR Solutions is U74920GJ2012PTC068707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Alternate HR Solutions was incorporated on 20 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Alternate HR Solutions by revenue are First Inch Consultancy Private Limited, Lystm Facility Management Private Limited, Small Giants Infotech Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).

Hiteshkumar Parthibhai Chaudhari ceased to be Director on 15 Oct 2023. Ronil Rajeshbhai Vekariya was appointed as Director on 15 Oct 2023. Arun Jinaraj Raj ceased to be Director on 11 Sep 2023. Alternate HR Solutions has 7 board changes on record in total.

Alternate HR Solutions can be reached through the website althr.co.in. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Alternate HR Solutions is at 509 31 Five, BH. Divya Bhaskar House Corporate Road Makraba, Ahmedabad, Gujarat, India – 380015.

Alternate HR Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.