GS Rewards & Loyalty Solutions Private Limited

GS Rewards & Loyalty Solutions Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74990TN2011PTC079765 Incorporated 21 March 2011 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company business outsourcing MSME · Small
Data last updated
Revenue · FY 2024
₹48.02 Cr
▲ 228% YoY
Net profit · FY 2024
₹1.85 Lakh
Net margin 0%
EBITDA · FY 2024
₹44.71 Lakh
EBITDA margin 0.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.4 Cr
Satisfied ₹1.3 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
23
Provident fund records

About GS Rewards & Loyalty Solutions Private Limited

Data last updated:

GS Rewards & Loyalty Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 21 March 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74990TN2011PTC079765. Its GSTIN is 33AAECG1699L1Z9 (Tamil Nadu).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Parasmalji Praveenkumar and Sripal Parasmal Jain.

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 New No 138 Old No 443 Mint Street Sowcarpet, Chennai, Tamil Nadu, India – 600079.

As per the financials filed for FY 2024, the company reported a revenue of ₹48.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 0%) and EBITDA of ₹44.71 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 62% over five years.

The company has about 23 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.4 Cr and satisfied charges of ₹1.3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.

GS Rewards & Loyalty Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0054583). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theglobalsourcing.in.

Company details

CIN U74990TN2011PTC079765
Registration Number 079765
Incorporation Date 21 March 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0054583
Key People
Parasmalji Praveenkumar Director Sripal Parasmal Jain Director Reshma Sripal Jain Director

Recognitions & Rankings of GS Rewards & Loyalty Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0054583

Contact details

GS Rewards & Loyalty Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is theglobalsourcing.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    theglobalsourcing.in
  • Registered Address
    New No 138 Old No 443 Mint Street Sowcarpet, Chennai, Tamil Nadu, India – 600079
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting

To see the full contact details of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Comprehensive company report
GS Rewards & Loyalty Solutions 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
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Business activity

The main business activity of GS Rewards & Loyalty Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Financials of GS Rewards & Loyalty Solutions Private Limited

FY 2024 filings available

GS Rewards & Loyalty Solutions Private Limited reported revenue of ₹48.02 Cr (up 228% YoY) for FY 2024.

Revenue · FY 2024
₹48.02 Cr ▲ 228%
Net profit · FY 2024
₹1.85 Lakh margin 0%
EBITDA · FY 2024
₹44.71 Lakh margin 0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 228%
3 years · compounded
▲ 75%
5 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 19%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 228% growth in the latest year. EBITDA fell 9% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹44.71 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.85 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.9%
Net Profit Margin0%
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

To see the full financial statements and ratios of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Board of directors of GS Rewards & Loyalty Solutions Private Limited

GS Rewards & Loyalty Solutions has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Parasmalji PraveenkumarDirector21 Mar 201115 Years 7 MonthsCurrent
Sripal Parasmal Jain
Also directs: Rewardkart Technologies International Private Limited
Director21 Mar 201115 Years 7 MonthsCurrent
Reshma Sripal JainDirector15 Jul 20224 Years 3 MonthsCurrent
AkshitaDirector15 Jul 20224 Years 3 MonthsCurrent
View all directors

Peer comparison

GS Rewards & Loyalty Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Eaii Advisors Private Limited₹48.32 Cr (FY 2024)13.0%New Delhi, Delhi, India
GS Rewards & Loyalty Solutions Private Limitedthis company₹48.02 Cr (FY 2024)₹1.85 Lakh0%228.0%23Chennai, Tamil Nadu, India
Cynet Systems Private Limited₹47.41 Cr (FY 2025)5.0%Noida, Uttar Pradesh, India
Murugappa Management Services Private Limited₹47.41 Cr (FY 2025)-69.0%Chennai, Tamil Nadu, India

To see the full peer comparison of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Auditor

GS Rewards & Loyalty Solutions Private Limited is audited by AKSHIT A JAIN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AKSHIT A JAINFY 2023257353

Shareholding

The shareholding of GS Rewards & Loyalty Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.4 Cr
Satisfied charges
₹1.3 Cr
Breakdown by lending institutions
Axis Bank Limited₹4.30 Cr
Others₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Oct 2023100867260Others₹10 LakhOpen
16 Nov 2021100525384Axis Bank Limited₹4.3 CrOpen
26 Oct 2019100301235Others₹1.3 CrSatisfied

To see the full charge records of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for GS Rewards & Loyalty Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

GS Rewards & Loyalty Solutions Private Limited has a workforce of 23 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
15%

GST

GS Rewards & Loyalty Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECG1699L1Z9Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of GS Rewards & Loyalty Solutions Private Limited, buy the company report.

Recent activity

GS Rewards & Loyalty Solutions Private Limited has 4 board changes on record since 2011: 4 appointments. The latest: Akshita was appointed as Director on 15 Jul 2022.

Charges
A charge with Axis Bank Limited of Rs. 430.00 Lakh registered on 16 Nov 2021 with Charge ID 100525384 was modified on 23 Oct 2024.
AGM
Gs Rewards & Loyalty Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gs Rewards & Loyalty Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100867260 was registered on 25 Oct 2023.
Appointed
Akshita was appointed as Director.
Appointed
Reshma Sripal Jain was appointed as Director.
Charges
A charge registered on 26 Oct 2019 via Charge ID 100301235 with Others was fully satisfied on 05 Jan 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 430.00 Lakh with Charge ID 100525384 was registered on 16 Nov 2021.
Charges
A charge with Others amounted to Rs. 130.00 Lakh with Charge ID 100301235 was registered on 26 Oct 2019.
Appointed
Parasmalji Praveenkumar was appointed as Director.
Appointed
Sripal Parasmal Jain was appointed as Director.
Incorporation
21 Mar 2011
Gs Rewards & Loyalty Solutions Private Limited was registered on 21 Mar 2011 with Roc Chennai & aged 15 years 7 months as per MCA records.

Frequently asked questions

GS Rewards & Loyalty Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 21 March 2011 (15+ years old) and is registered under CIN U74990TN2011PTC079765.

GS Rewards & Loyalty Solutions has 4 current directors:

The latest financial statements of GS Rewards & Loyalty Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of GS Rewards & Loyalty Solutions is 33AAECG1699L1Z9, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of GS Rewards & Loyalty Solutions is U74990TN2011PTC079765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

GS Rewards & Loyalty Solutions has 4 court cases on record: 4 filed by the company.

GS Rewards & Loyalty Solutions was incorporated on 21 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of GS Rewards & Loyalty Solutions by revenue are Eaii Advisors Private Limited, Cynet Systems Private Limited, Murugappa Management Services Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).

Akshita was appointed as Director on 15 Jul 2022. Reshma Sripal Jain was appointed as Director on 15 Jul 2022. Parasmalji Praveenkumar was appointed as Director on 21 Mar 2011. GS Rewards & Loyalty Solutions has 4 board changes on record in total.

Yes, GS Rewards & Loyalty Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0054583).

GS Rewards & Loyalty Solutions can be reached through the website theglobalsourcing.in. Its registered office is in Chennai, Tamil Nadu, India.