About Experis IT Private Limited
Data last updated:
Experis IT Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Manpower Holdings Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB1997PTC085392. Its GSTIN is 27AAACW2286K2ZY (Maharashtra). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.33 Cr. It was formerly known as Web Development Company Private Limited and Web Development Company Limited. It is led by directors including Avneesh Makkar and Sanju Ballurkar.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J 3 Block Gpsec V Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2025, the company reported a revenue of ₹622.46 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹40.14 Cr (net margin 6.4%) and EBITDA of ₹74.69 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company has about 2,164 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Experis IT. As per MCA filings, the company has satisfied charges of ₹8.11 Cr on record. Court records list 27 cases involving the company, including 17 filed by the company and 10 filed against it; 5 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in July 2012. Its 10 peer companies in the Outsourcing industry (HR Outsourcing, Infrastructure Management) are compared by revenue, 5 larger and 5 smaller; the largest is Magnit Global India Private Limited with revenue of ₹673.92 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 71 overdue payments to 14 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 experisindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressJ 3 Block Gpsec V Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Experis IT Private Limited
The main business activity of Experis IT is support service to organizations. In detail, this covers placement agencies and hr management services.
| 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Experis IT Private Limited FY 2025 filings available
Experis IT Private Limited reported revenue of ₹622.46 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Experis IT Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 23% growth in the latest year. EBITDA rose 46% 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 of Experis IT Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹74.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.14 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 of Experis IT Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Experis IT are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Experis IT Private Limited
Experis IT Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magnit Global India Private Limited | ₹673.92 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bangalore North, Karnataka, India |
| PSN Supply Chain Solutions Private Limited | ₹671.28 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Dahishar (East), Maharashtra, India |
| Kutumbh Care Private Limited | ₹667.5 Cr (FY 2023) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Mahindra Integrated Business Solutions Private Limited | ₹662.23 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Uttarakhand Purv Sainik Kalyan Nigam Limited | ₹627.39 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Dehradun, Uttarakhand, India |
| Experis IT Private Limited this company | ₹622.46 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
| Waisl Limited | ₹622.45 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Aristocrat Technologies India Private Limited | ₹621.7 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Dadri, Uttar Pradesh, India |
| Niveshan Technologies India Private Limited | ₹621.61 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Gurugram, Haryana, India |
| Eurofins IT Solutions India Private Limited | ₹606.19 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Teamlease Digital Private Limited | ₹594.54 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Experis IT by revenue in the Outsourcing industry (HR Outsourcing, Infrastructure Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Experis IT Private Limited
Experis IT Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Experis IT Private Limited
Experis IT has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avneesh Makkar | Director | 11 Nov 2014 | 11 Years 10 Months | Current |
| Sanju Ballurkar Also directs: Rotostat Services Private Limited | Director | 26 Aug 2022 | 4 Years 1 Months | Current |
| Ratish Kumar | Director | 10 Jul 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Experis IT Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Experis IT Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2010 | Indian Bank | ₹2.5 Cr | Satisfied |
| 26 Jul 2001 | West Bengal Industrial Development Corporation Limited | ₹2 Cr | Satisfied |
| 06 Jul 2001 | Indian Bank | ₹3.2 Cr | Satisfied |
| 07 Sep 1998 | Bank of Baroda | ₹41 Lakh | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Experis IT Private Limited
Experis IT Private Limited has 13 deals on record (13 secondary share transfers); the latest was in July 2012.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Manpower Holdings, Inc. Seller: 2 individuals |
| Apr 2011 | Secondary share transfer | Undisclosed | Buyer: Manpower Holdings, Inc. & Venkatakrishnan.r, Manpower Holdings, Inc. & Venkatesan P.v., Manpower Holdings, Inc., an individual Seller: Usha Martin Venture, 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Manpower Holdings, Inc. Seller: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Experis IT Private Limited
Experis IT Private Limited has 27 court cases on record: 17 filed by Experis IT, 10 filed against it. 5 cases are pending and 22 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 5 | 4 |
| High courts | 8 | 5 | 1 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Ridge Links Private Limited | Disposed |
| Calcutta High Court | Court case (APOT) | Filed against the company by Saraf Agencies Private Limited | Disposed |
| Calcutta High Court | Company petition | Filed against the company by Saraf Agencies Private Limited | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle-2(1), Kolkta | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Experis IT Private Limited
Experis IT Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 71 overdue payments to 14 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 (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rlabs Enterprise Services Limited | •••• | •••• | •••• |
| Sampark Softwares Private Limited | •••• | •••• | •••• |
| Securekloud Technologies Limited | •••• | •••• | •••• |
| Amrut Software Private Limited | •••• | •••• | •••• |
| Ionidea Interactive Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Experis IT Private Limited
Experis IT operates one associated brand: Experis IT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT staffing, application development, and managed services for businesses. | experisindia.com |
Employees and EPFO Compliance at Experis IT Private Limited
Experis IT Private Limited has a workforce of 2,164 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Experis IT Private Limited
Experis IT has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rotostat Services Private Limited | U74990MH2009PTC195574 | Locked |
Showing major subsidiaries. Total: 1.
Name History of Experis IT Private Limited
Experis IT has undergone 2 name changes throughout its history. The company was previously known as Web Development Company Private Limited, and Web Development Company Limited. The current legal name is Experis It Private Limited.
| Company Name | Status |
|---|---|
| Experis IT Private Limited | Current |
| Web Development Company Private Limited | Previous |
| Web Development Company Limited | Previous |
CIN History of Experis IT Private Limited
Experis IT has one previous CIN (Corporate Identification Number): U72900WB1997PLC085392. The current CIN is U72900WB1997PTC085392, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900WB1997PTC085392 | Current |
| U72900WB1997PLC085392 | Previous |
Recent Activity on Experis IT Private Limited
Experis IT Private Limited has 35 board changes on record since 1997: 19 appointments and 16 cessations. The latest: Sandeep Gulati ceased to be Director on 25 Jul 2024.
35 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Experis IT Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Experis IT Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Experis IT Private Limited
Experis IT has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2286K2ZY | Maharashtra | Active | 07 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Experis IT Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Experis IT Private Limited
Experis IT is an active private limited company based in Kolkata, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 September 1997 (29+ years old) and is registered under CIN U72900WB1997PTC085392.
Experis IT reported revenue of ₹622.46 Cr for FY 2025 (up 23% YoY).
Experis IT has 3 current directors:
- Avneesh Makkar - Director
- Sanju Ballurkar - Director
- Ratish Kumar - Director
Experis IT reported a net profit of ₹40.14 Cr (net margin 6.4%) and EBITDA of ₹74.69 Cr (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Experis IT is 5% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Experis IT is 27AAACW2286K2ZY, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Experis IT is U72900WB1997PTC085392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Experis IT has 27 court cases on record: 17 filed by the company and 10 filed against it. 5 are pending. Most are in the district courts.
Experis IT was incorporated on 08 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Experis IT has 13 deals on record (13 secondary share transfers); the latest was in July 2012.
The peers of Experis IT by revenue are Magnit Global India Private Limited, PSN Supply Chain Solutions Private Limited, Kutumbh Care Private Limited, Mahindra Integrated Business Solutions Private Limited, Uttarakhand Purv Sainik Kalyan Nigam Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Infrastructure Management).
Sandeep Gulati ceased to be Director on 25 Jul 2024. Ratish Kumar was appointed as Director on 10 Jul 2023. Sanju Ballurkar was appointed as Director on 26 Aug 2022. Experis IT has 35 board changes on record in total.