About Grassik Search Private Limited
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Grassik Search Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 12 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2012PTC234286. Its GSTIN is 07AAECG6740L1ZC (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Geeta Thakur and Sidharth Thakur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 115 Defence Colony, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.45 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Cr (net margin -33.3%) and EBITDA of -₹2.27 Cr (EBITDA margin -30.4%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 3% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grassik. As per MCA filings, the company has open charges of ₹23.41 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grassik.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 115 Defence Colony, New Delhi, Delhi, India – 110024
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
Associated Brands with Grassik Search Private Limited
Grassik Search operates one associated brand: Grassik. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Executive search firm specializing in talent acquisition and placement for diverse sectors. | grassik.com |
Business Activity of Grassik Search Private Limited
The main business activity of Grassik Search 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 Grassik Search Private Limited FY 2024 filings available
Grassik Search Private Limited reported revenue of ₹7.45 Cr (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Grassik Search Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 22% 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 of Grassik Search Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹2.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.48 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 Grassik Search Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -33.3% | •••• | •••• | •••• | •••• |
| 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 Grassik Search 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.
Board of Directors of Grassik Search Private Limited
Grassik Search has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Thakur | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
| Sidharth Thakur | Director | 15 Jan 2015 | 11 Years 9 Months | Current |
| Rajeev Kumar Thakur | Director | 12 Apr 2012 | 14 Years 6 Months | Current |
| Sahil Thakur | Director | 26 Jun 2017 | 9 Years 3 Months | Current |
Peer Comparison of Grassik Search Private Limited
Grassik Search Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trans Atlantic Consultants Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Mumbai, Maharashtra, India |
| Chambal India Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bhopal, Madhya Pradesh, India |
| Sanaara Solutions Private Limited | ₹7.46 Cr (FY 2023) | •••• | •••• | -61.0% | •••• | Bangalore, Karnataka, India |
| Palanntech India Private Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Datamatics Professional Services Limited | ₹7.46 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Grassik Search Private Limited this company | ₹7.45 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| SCM Channel India Private Limited | ₹7.45 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Bangalore, Karnataka, India |
| Jods Blue Force Security & Facility Services Private Limited | ₹7.45 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Hyderabad, Telangana, India |
| Veritech Infosystems Private Limited | ₹7.45 Cr (FY 2025) | •••• | •••• | -67.0% | •••• | Bangalore, Karnataka, India |
| Asi Services Private Limited | ₹7.44 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Allyventure (India) Private Limited | ₹7.44 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Grassik Search by revenue in the Outsourcing industry (HR Outsourcing), 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 Grassik Search Private Limited
Grassik Search Private Limited is audited by VIPIN AGGARWAL KUDSIA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIPIN AGGARWAL KUDSIA AND ASSOCIATES | 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.
Ownership and Shareholding of Grassik Search 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 Grassik Search Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2024 | Hdfc Bank Limited | ₹23.41 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Grassik Search Private Limited
Grassik Search Private Limited has a workforce of 27 employees as of Apr 05, 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.
Recent Activity on Grassik Search Private Limited
Grassik Search Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Sahil Thakur ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Grassik Search 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.
MSME Payment Delays by Grassik Search Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grassik Search 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 Grassik Search Private Limited
Grassik Search has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECG6740L1ZC | Delhi | Active | 01 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 Grassik Search 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 Grassik Search Private Limited
Grassik Search is an active private limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 12 April 2012 (14+ years old) and is registered under CIN U74140DL2012PTC234286.
Grassik Search reported revenue of ₹7.45 Cr for FY 2024 (down 22% YoY).
Grassik Search has 4 current directors:
- Geeta Thakur - Director
- Sidharth Thakur - Director
- Rajeev Kumar Thakur - Director
- Sahil Thakur - Director
Grassik Search reported a net loss of ₹2.48 Cr (net margin -33.3%) and EBITDA of -₹2.27 Cr (EBITDA margin -30.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grassik Search is 17% over three years and -3% over five years. In the latest year (FY 2024) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grassik Search is 07AAECG6740L1ZC, registered in Delhi.
The CIN (Corporate Identification Number) of Grassik Search is U74140DL2012PTC234286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grassik Search was incorporated on 12 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Grassik Search by revenue are Trans Atlantic Consultants Private Limited, Chambal India Private Limited, Sanaara Solutions Private Limited, Palanntech India Private Limited, Datamatics Professional Services Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Sahil Thakur ceased to be Additional Director on 29 Sep 2017. Sahil Thakur was appointed as Director on 26 Jun 2017. Sidharth Thakur ceased to be Director on 29 Sep 2015. Grassik Search has 6 board changes on record in total.
Grassik Search can be reached through the website grassik.com. Its registered office is in New Delhi, Delhi, India.