Formula Manpower Solutions Private Limited - Company Profile

It is a travel and hospitality private limited company based in New Delhi, Delhi, India, established in 2004.

2004 New Delhi, Delhi, India Active

Last Updated: December 27, 2025

About Formula Manpower Solutions Private Limited

Formula Manpower Solutions Private Limited, a active private limited company, was established on 20 January 2004 in New Delhi, Delhi, India. Engaging in consumer professional services within the support service to organizations sector, it holds CIN: U74910DL2004PTC124192. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.20 M.

Formerly known as Formulaone Manpower Solutions Private Limited. It upholds a compliant status. Employing 71 professional, Its leadership includes Namita Bhowmick (Director), Rajesh Kumar Jain (Additional Director). Past directors included Ritu Narula, Nikhilesh Bhowmick, Deepak Kumar. It holds ₹1.51 Cr open charges and ₹5.00 M settled loans. Its latest AGM occurred on 06 September 2024, with the balance sheet filed on 31 March 2024. It is based at Khasra No. 304, Ground Floor,, Satbir Farms, Sultanpur,, New Delhi, Delhi, 110030.

Company Details

CIN/LLPIN
U74910DL2004PTC124192
Registration Number
124192
Incorporation Date
20 January 2004
Authorized Capital
₹0.20 M
Paid-Up Capital
₹0.20 M
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.20 M as on 27-12-2025
Paid Up Capital ₹ 0.20 M as on 27-12-2025
Company Age 22 Year, 21 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 1.51 Cr as on 27-12-2025
Satisfied Charges ₹ 5.00 M as on 27-12-2025
Revenue Growth **** -1.05% (FY 2022)
Profit Growth **** -54.21% (FY 2022)
Ebitda **** 38.05% (FY 2022)
Net Worth 36.05% (FY 2022)
Total Assets **** 11.56% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Formula Manpower Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Formula Manpower Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Namita Bhowmick	Director	28 Jan 2004	Current
Rajesh Kumar Jain	Additional Director	22 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Director	01 Feb 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past

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Financial Performance of Formula Manpower Solutions.

Formula Manpower Solutions Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.05% decrease. The company also saw a substantial fall in profitability, with a 54.21% decrease in profit. The company's net worth Soared by an impressive increase of 36.05%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-1.05%

*******

Revenue from Operations

*******

-0.95%

*******

Total Assets

*******

11.56%

*******

Profit or Loss

*******

-54.21%

*******

Net Worth

*******

36.05%

*******

EBITDA

*******

38.05%

*******

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What is the Ownership and Shareholding Structure of Formula Manpower Solutions?

In 2021, Formula Manpower Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹15,116,804.00

Satisfied Charges

₹5,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 1.29 Cr
Canara Bank : 0.22 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Nov 2024	Axis Bank Limited	₹1.29 Cr	Open
07 Mar 2007	Canara Bank	₹0.24 M	Open
07 Mar 2007	Canara Bank	₹2.00 M	Open
13 Jan 2011	Others	₹5.00 M	Satisfied

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How Many Employees Work at Formula Manpower Solutions?

Formula Manpower Solutions has a workforce of 71 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Formula Manpower Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Formula Manpower Solutions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Formula Manpower Solutions

Recent Activity within the Organization

Director Appointment

Rajesh Kumar Jain was appointed as a Additional Director was appointed as a Additional Director on 22 Sep 2025 & has been associated with this company since 4 months 20 days . was recorded as a recent event.
22 Sep 2025
Charges

Progress on A charge with Axis Bank Limited amounted to Rs. 12.88 M with Charge ID 101007221 was registered on 22 Nov 2024. was documented.
22 Nov 2024
Annual General Meeting

Progress on Formula Manpower Solutions Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records. was documented.
06 Sep 2024
Balance Sheet

Formula Manpower Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was recorded as a recent event.
31 Mar 2024
Charges

The activity A charge registered on 13 Jan 2011 via Charge ID 10271110 with Others was fully satisfied on 07 Aug 2021. was completed.
07 Aug 2021
Charges

The activity A charge with Others of Rs. 5.00 M registered on 13 Jan 2011 with Charge ID 10271110 was modified on 07 Dec 2018. was completed.
07 Dec 2018

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