MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0037290
Handiman Services Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹90.19 Cr
▲ 5% YoY
Net profit · FY 2024
₹48.01 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹2.04 Cr
EBITDA margin 2.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹22.1 Lakh
Issued & subscribed
Open charges
₹18.11 Cr
Satisfied ₹25.13 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
3,484
Provident fund records
About Handiman Services Limited
Data last updated:
Handiman Services Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the facility management segment of the business services sector. It was incorporated on 23 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA1998PLC023415. Its GSTIN is 29AAACH4158B1ZU (Karnataka). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹22.1 Lakh. It is led by directors including Porus Behram Irani (Managing Director) and Nani Rusi Choksey.
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 No.12/2 Haudin Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.19 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹48.01 Lakh (net margin 0.5%) and EBITDA of ₹2.04 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 3,484 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Handiman. As per MCA filings, the company has open charges of ₹18.11 Cr and satisfied charges of ₹25.13 Cr on record. Court records list 70 cases involving the company, including 29 filed by the company and 41 filed against it; 9 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2011.
Handiman Services Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037290). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website handiman.in.
Company details
CIN U45201KA1998PLC023415
Registration Number 023415
Incorporation Date 23 February 1998
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-03-0037290
CIN history
Handiman Services has one previous CIN (Corporate Identification Number): U85110KA1998PLC023415. The current CIN is U45201KA1998PLC023415, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KA1998PLC023415 | Current |
| U85110KA1998PLC023415 | Previous |
Key People
Porus Behram Irani Managing Director Nani Rusi Choksey Director Jasbir Ashish Puravankara Director Recognitions & Rankings of Handiman Services
Contact details
Handiman Services Limited's registered office is in Bangalore, Karnataka. Its website is handiman.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.12/2 Haudin Road, Bangalore, Karnataka, India – 560042
- IndustryBusiness Services, Facility Management
To see the full contact details of Handiman Services Limited, buy the company report.
Comprehensive company report
Handiman Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Handiman Services operates one associated brand: Handiman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Facility management services including housekeeping, security, and maintenance across India. | handiman.in |
Business activity
The main business activity of Handiman Services is support service to organizations. In detail, this covers security and investigation activities and housekeeping & maintenance service. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities | |
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Handiman Services Limited, buy the company report.
Financials of Handiman Services Limited
FY 2024 filings availableHandiman Services Limited reported revenue of ₹90.19 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹90.19 Cr ▲ 5%
Net profit · FY 2024
₹48.01 Lakh margin 0.5%
EBITDA · FY 2024
₹2.04 Cr margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 17%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 5% growth in the latest year. EBITDA fell 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Handiman Services Limited, buy the company report.
Board of directors of Handiman Services Limited
Handiman Services has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nani Rusi Choksey Also directs: Devas Global Services LLP, Provident Housing Limited, Dealwel Estates Pvt Ltd and 5 more | Director | 23 Feb 1998 | 28 Years 7 Months | Current |
| Jasbir Ashish Puravankara Also directs: Purva Good Earth Properties Private Limited, Purva Blue Agate Private Limited, Purvaland Private Limited and 5 more | Director | 18 Mar 2008 | 18 Years 7 Months | Current |
| Porus Behram Irani | Managing Director | 23 Feb 1998 | 28 Years 7 Months | Current |
| Ashish Ravi Puravankara | Director | 27 Mar 2005 | 21 Years 6 Months | Current |
Auditor
Handiman Services Limited is audited by V D S R & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V D S R & CO LLP | FY 2022 | 001626S |
Shareholding
The shareholding of Handiman Services 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Handiman Services Limited, buy the company report.
Charges & borrowings
Open charges
₹18.11 Cr
Satisfied charges
₹25.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2022 | 100620653 | Idbi Bank Limited | ₹17.86 Cr | Open | |
| 25 Mar 2022 | 100562250 | Hdfc Bank Limited | ₹7.08 Lakh | Open | |
| 30 Dec 2019 | 100318193 | Hdfc Bank Limited | ₹18.85 Lakh | Open | |
| 18 Mar 2020 | 100332739 | Hdfc Bank Limited | ₹11.13 Cr | Satisfied | |
| 22 Feb 2019 | 100265257 | Hdfc Bank Limited | ₹12.96 Lakh | Satisfied |
To see the full charge records of Handiman Services Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Handiman Services Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2011.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Handiman Services Limited has 70 court cases on record: 29 filed by Handiman Services, 41 filed against it. 9 cases are pending and 61 are disposed.
Total cases
70
Filed by the company
29
Filed against the company
41
Pending
9
Disposed
61
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 41 | 31 | 4 |
| District courts | 27 | 8 | 5 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Dal Marketing Solutions Limited | Pending |
| District court, Madurai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Disc Assets Lead India Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by M/S.Dal Provision Lead India Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Disc Assets Lead India Ltd., and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S.Visvas Promoters Private Limited | Disposed |
To see the full case history of Handiman Services 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
No delayed payments to MSME suppliers are on our record for Handiman Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Handiman Services Limited has a workforce of 3,484 employees on its EPFO records as of Apr 06, 2024, across 4 active EPFO establishments.
Employee count
3,484
Active EPFO establishments
4
Employee growth
5.26%
GST
Handiman Services has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH4158B1ZU | Karnataka | Active | 01 Jul 2017 |
| 27AAACH4158B1ZY | Maharashtra | Active | 01 Jul 2017 |
| 33AAACH4158B2Z4 | Tamil Nadu | Active | 01 Jul 2017 |
| 36AAACH4158B1ZZ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Handiman Services Limited, buy the company report.
Recent activity
Handiman Services Limited has 8 board changes on record since 1998: 4 appointments and 4 cessations. The latest: Porus Behram Irani ceased to be Whole-Time Director on 11 Aug 2022.
Charges
A charge with Idbi Bank Limited of Rs. 17.86 Cr registered on 30 Sep 2022 with Charge ID 100620653 was modified on 21 Mar 2025.
AGM
Handiman Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Handiman Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 13 Mar 2000 via Charge ID 90194279 with Lord Krishna Bank Limited was fully satisfied on 31 Aug 2023.
Charges
A charge registered on 22 Feb 2019 via Charge ID 100265257 with Hdfc Bank Limited was fully satisfied on 21 Aug 2023.
Charges
A charge registered on 18 Mar 2020 via Charge ID 100332739 with Hdfc Bank Limited was fully satisfied on 01 Dec 2022.
Charges
A charge with Idbi Bank Limited amounted to Rs. 17.86 Cr with Charge ID 100620653 was registered on 30 Sep 2022.
Ceased
Porus Behram Irani ceased to be Whole-Time Director.
Charges
A charge with Hdfc Bank Limited of Rs. 11.13 Cr registered on 18 Mar 2020 with Charge ID 100332739 was modified on 05 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100562250 was registered on 25 Mar 2022.
Charges
A charge registered on 18 Jan 2016 via Charge ID 100019254 with Others was fully satisfied on 25 Jun 2021.
Charges
A charge registered on 07 Sep 2017 via Charge ID 100149590 with Yes Bank Limited was fully satisfied on 30 Jul 2020.
27 earlier events are in the company report.
Frequently asked questions
Handiman Services is an active public limited company based in Bangalore, Karnataka, India. The company works in facility management, within the business services industry. It was incorporated on 23 February 1998 (28+ years old) and is registered under CIN U45201KA1998PLC023415.
Handiman Services has 4 current directors:
- Porus Behram Irani - Managing Director
- Nani Rusi Choksey - Director
- Jasbir Ashish Puravankara - Director
- Ashish Ravi Puravankara - Director
The latest financial statements of Handiman Services 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 Handiman Services is 29AAACH4158B1ZU, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACH4158B1ZY (Maharashtra), 33AAACH4158B2Z4 (Tamil Nadu), 36AAACH4158B1ZZ (Telangana).
The CIN (Corporate Identification Number) of Handiman Services is U45201KA1998PLC023415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Handiman Services has 70 court cases on record: 29 filed by the company and 41 filed against it. 9 are pending. Most are in the high courts.
Handiman Services was incorporated on 23 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Handiman Services has 1 deal on record (1 secondary share transfer); the latest was in September 2011.
Porus Behram Irani ceased to be Whole-Time Director on 11 Aug 2022. Jasbir Ashish Puravankara ceased to be Additional Director on 30 Sep 2008. Jasbir Ashish Puravankara was appointed as Director on 18 Mar 2008. Handiman Services has 8 board changes on record in total.
Yes, Handiman Services is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0037290).