MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0060668
Counselect Services Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.31 Cr
▲ 5% YoY
Net profit · FY 2025
₹13.23 Lakh
Net margin 1%
EBITDA · FY 2025
₹12.58 Lakh
EBITDA margin 0.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.4 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
8
Provident fund records
About Counselect Services Private Limited
Data last updated:
Counselect Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Legal Talent Management Private Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 23 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC127300. Its GSTIN is 29AAICC3434H1ZM (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.4 Lakh. It is led by directors including Rishabh Chopra and Ritvik Lukose.
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 2025, the company reported a revenue of ₹13.31 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.23 Lakh (net margin 1%) and EBITDA of ₹12.58 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 74% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record.
Counselect Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060668). For more details, the company can be reached via its website counselect.com.
Company details
CIN U74999KA2019PTC127300
Registration Number 127300
Incorporation Date 23 August 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Legal Talent Management Private Limited
MSME Classification Small
Udyam Registration UDYAM-KR-03-0060668
Recognitions & Rankings of Counselect Services
Contact details
Counselect Services Private Limited's registered office is in Bangalore, Karnataka. Its website is counselect.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 1015 B Wing 10th Floor, Mittal Tower M.G.Road, Bangalore, Karnataka, India – 560001
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Counselect Services Private Limited, buy the company report.
Comprehensive company report
Counselect Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Counselect Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Counselect Services Private Limited, buy the company report.
Financials of Counselect Services Private Limited
FY 2025 filings availableCounselect Services Private Limited reported revenue of ₹13.31 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹13.31 Cr ▲ 5%
Net profit · FY 2025
₹13.23 Lakh margin 1%
EBITDA · FY 2025
₹12.58 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 7%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 50%
5 years · compounded
▼ 11%
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 5% growth in the latest year. EBITDA fell 84% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.23 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Counselect Services Private Limited, buy the company report.
Board of directors of Counselect Services Private Limited
Counselect Services has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Chopra | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Ritvik Lukose | Director | 23 Aug 2019 | 7 Years 2 Months | Current |
| Basil Henry Almeida Also directs: Lawmetrik Impact Solutions Private Limited | Director | 02 Jul 2025 | 1 Years 3 Months | Current |
| Balanand Menon Also directs: Humlab Private Limited | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
Auditor
Counselect Services Private Limited is audited by Ravi A Shah & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi A Shah & Associates | FY 2024 | 125079W |
Shareholding
The shareholding of Counselect Services 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Counselect Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2022 | 100658941 | Hdfc Bank Limited | ₹2 Cr | Open |
To see the full charge records of Counselect Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Counselect Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Counselect Services Private Limited has 6 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Legal Talent Management Private Limited |
To see the full MSME payment records of Counselect Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Counselect Services Private Limited has a workforce of 8 employees on its EPFO records as of Nov 10, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
60%
GST
Counselect Services has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3434H1ZM | Karnataka | Active | 18 Dec 2019 |
| 27AAICC3434H1ZQ | Maharashtra | Active | 28 Nov 2019 |
| 07AAICC3434H1ZS | Delhi | Active | 10 Dec 2019 |
To see the full GST registrations and return filing status of Counselect Services Private Limited, buy the company report.
Recent activity
Counselect Services Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Karlstein Proto Fernandes ceased to be Director on 20 Jan 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 13 Oct 2022 with Charge ID 100658941 was modified on 05 Aug 2026.
Ceased
Karlstein Proto Fernandes ceased to be Director.
Ceased
Lee Emmanuel Ignatius ceased to be Director.
AGM
Counselect Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Basil Henry Almeida was appointed as Director.
Filing
Counselect Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Balanand Menon was appointed as Director.
Appointed
Rishabh Chopra was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100658941 was registered on 13 Oct 2022.
Appointed
Ritvik Lukose was appointed as Director.
Incorporation
23 Aug 2019
Counselect Services Private Limited was registered on 23 Aug 2019 with Roc Bangalore & aged 7 years 2 months as per MCA records.
Frequently asked questions
Counselect Services 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 August 2019 (7+ years old) and is registered under CIN U74999KA2019PTC127300.
Counselect Services has 4 current directors:
- Rishabh Chopra - Director
- Ritvik Lukose - Director
- Basil Henry Almeida - Director
- Balanand Menon - Director
The latest financial statements of Counselect Services 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 2020 are in the company report.
The GSTIN of Counselect Services is 29AAICC3434H1ZM, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAICC3434H1ZQ (Maharashtra), 07AAICC3434H1ZS (Delhi).
The CIN (Corporate Identification Number) of Counselect Services is U74999KA2019PTC127300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Counselect Services was incorporated on 23 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Karlstein Proto Fernandes ceased to be Director on 20 Jan 2026. Lee Emmanuel Ignatius ceased to be Director on 20 Jan 2026. Basil Henry Almeida was appointed as Director on 02 Jul 2025. Counselect Services has 6 board changes on record in total.
Yes, Counselect Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0060668).
Counselect Services has 6 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 1 micro and small supplier. The latest return was filed on 07 Nov 2022.
Counselect Services can be reached through the website counselect.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Counselect Services is at No 1015 B Wing 10th Floor, Mittal Tower M.G.Road, Bangalore, Karnataka, India – 560001.
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