About Experis IT Private Limited
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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 28 cases involving the company, including 18 filed by the company and 10 filed against it; 6 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in July 2012. Its 5 peer companies in the Outsourcing industry (HR Outsourcing, Infrastructure Management), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 4 larger and 1 smaller; the largest is PSN Supply Chain Solutions Private Limited with revenue of ₹671.28 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.
Company details
Name history
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
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 |
Contact details
Experis IT Private Limited's registered office is in Kolkata, West Bengal. Its website is experisindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJ 3 Block Gpsec V Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Experis IT Private Limited, buy the company report.
- 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
Brands
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 |
Business activity
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 | 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 Experis IT Private Limited, buy the company report.
Financials of Experis IT Private Limited
FY 2025 filings availableExperis IT Private Limited reported revenue of ₹622.46 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹74.69 Cr | ||||
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| Net Profit (PAT) | ₹40.14 Cr | ||||
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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 | 12% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Experis IT Private Limited, buy the company report.
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 11 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 3 Months | Current |
Peer comparison
Experis IT Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Infrastructure Management), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PSN Supply Chain Solutions Private Limited | ₹671.28 Cr (FY 2025) | 17.0% | Dahishar, 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 Limitedthis company | ₹622.46 Cr (FY 2025) | ₹40.14 Cr | 6.4% | 23.0% | 2,164 | Kolkata, West Bengal, India |
| Teamlease Digital Private Limited | ₹594.54 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Experis IT Private Limited, buy the company report.
Auditor
Experis IT Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2023 | 302009E |
Shareholding
The shareholding of Experis IT 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Experis IT Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2010 | 10235274 | Indian Bank | ₹2.5 Cr | Satisfied | |
| 26 Jul 2001 | 90245737 | West Bengal Industrial Development Corporation Limited | ₹2 Cr | Satisfied | |
| 06 Jul 2001 | 90247063 | Indian Bank | ₹3.2 Cr | Satisfied | |
| 07 Sep 1998 | 90245417 | Bank of Baroda | ₹41 Lakh | Satisfied |
To see the full charge records of Experis IT Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
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 |
To see the full deal history of Experis IT Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Experis IT Private Limited has 28 court cases on record: 18 filed by Experis IT, 10 filed against it. 6 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 5 | 4 |
| High courts | 8 | 5 | 1 |
| NCLT | 1 | 0 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Ridge Links Pvt Ltd Sandeep Singh Rana | Disposed |
| High Court | Company petition | Filed against the company by Saraf Agencies Ltd. | Disposed |
| High Court | Court case (APOT) | Filed against the company by Saraf Agencies Ltd. | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle-2( and 1 other | Pending |
| NCLT, Allahabad | Insolvency matter | Filed by the company against M/S Ridgelinks Private Limited | Pending |
To see the full case history of Experis IT Private Limited, buy the company report.
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
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)
To see the full MSME payment records of Experis IT Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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 |
To see the full group structure of Experis IT Private Limited, buy the company report.
Employees & EPFO
Experis IT Private Limited has a workforce of 2,164 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Experis IT has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2286K2ZY | Maharashtra | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Experis IT Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Avneesh Makkar - Director
- Sanju Ballurkar - Director
- Ratish Kumar - Director
The latest financial statements of Experis IT on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
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 28 court cases on record: 18 filed by the company and 10 filed against it. 6 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 PSN Supply Chain Solutions Private Limited, Kutumbh Care Private Limited, Mahindra Integrated Business Solutions Private Limited, Uttarakhand Purv Sainik Kalyan Nigam Limited, Teamlease Digital Private Limited, all in the Outsourcing industry (HR Outsourcing, Infrastructure Management), with the same principal business activity (placement agencies and hr management services).
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.
Experis IT has 13 MSME Form 1 returns on record between 2019 and 2024, listing 71 overdue payments to 14 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Experis IT can be reached through the website experisindia.com. Its registered office is in Kolkata, West Bengal, India.