Hiringhut Solutions Private Limited

Hiringhut Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC105035 Incorporated 26 July 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2022
₹1.92 Cr
▲ 57% YoY
Net profit · FY 2022
₹17.96 Lakh
Net margin 9.3%
EBITDA · FY 2022
₹24.61 Lakh
EBITDA margin 12.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
59
Provident fund records
Directors on board
2
As per MCA filings

About Hiringhut Solutions Private Limited

Data last updated:

Hiringhut Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 26 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105035. Its GSTIN is 29AAECH2645F1ZM (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vani Rastogi and Syed Kamran.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at L – 140 6th Sector Hsr Layout, Bangalore, Karnataka, India – 560102.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.92 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹17.96 Lakh (net margin 9.3%) and EBITDA of ₹24.61 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years.

The company has about 59 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: HiringHut. Court records list 12 cases involving the company, including 12 filed against it; 6 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hiringhut.in.

Company Details of Hiringhut Solutions Private Limited
CIN U74999KA2017PTC105035
Registration Number 105035
Incorporation Date 26 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    L – 140 6th Sector Hsr Layout, Bangalore, Karnataka, India – 560102
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
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Financials, compliance, directors, charges, ownership and filings for Hiringhut Solutions Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Hiringhut Solutions Private Limited

The main business activity of Hiringhut Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN2Placement agencies and HR management servicesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Hiringhut Solutions Private Limited FY 2023 filings available

Hiringhut Solutions Private Limited reported revenue of ₹1.92 Cr (up 57% YoY) for FY 2022.

Revenue · FY 2022
₹1.92 Cr ▲ 57%
Net profit · FY 2022
₹17.96 Lakh margin 9.3%
EBITDA · FY 2022
₹24.61 Lakh margin 12.8%

Compounded Annual Growth Rate (CAGR) of Hiringhut Solutions Private Limited

Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 127%
EBITDA CAGR growth
1 year
▲ 781%
3 years · compounded
▲ 57%

Revenue has grown at a compounded annual rate (CAGR) of 127% over three years, including 57% growth in the latest year. EBITDA rose 781% 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 Hiringhut Solutions Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹1.92 Cr••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹24.61 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹17.96 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 of Hiringhut Solutions Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin12.8%••••••••••••••••
Net Profit Margin9.3%••••••••••••••••
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 Hiringhut Solutions are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Peer Comparison of Hiringhut Solutions Private Limited

Hiringhut Solutions 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Klap6 Technologies Private Limited₹1.93 Cr (FY 2025)••••••••-39.0%••••Chennai, Tamil Nadu, India
Swavalamb HR India Private Limited₹1.93 Cr (FY 2019)••••••••1182.0%••••Ahmednagar, Maharashtra, India
Nisvan HR Solutions Private Limited₹1.93 Cr (FY 2025)••••••••42.0%••••Mohali, Punjab, India
Scouters Private Limited₹1.93 Cr (FY 2023)••••••••-27.0%••••Bangalore, Karnataka, India
Global Trendz Management Services Private Limited₹1.93 Cr (FY 2024)••••••••3.0%••••Chennai, Tamil Nadu, India
Hiringhut Solutions Private Limited this company₹1.92 Cr (FY 2022)••••••••57.0%••••Bangalore, Karnataka, India
Santo Systems Private Limited₹1.92 Cr (FY 2024)••••••••124.0%••••Hyderabad, Telangana, India
Implementmyidea Technologies Private Limited₹1.92 Cr (FY 2024)••••••••13.0%••••Delhi, India
Tricolor Business Services Private Limited₹1.92 Cr (FY 2025)••••••••-81.0%••••Noida, Uttar Pradesh, India
Qsource Global Consulting Private Limited₹1.92 Cr (FY 2021)••••••••-32.0%••••Chennai, Tamil Nadu, India
Jai Guru Security and Facility Management Private Limited₹1.92 Cr (FY 2025)••••••••71.0%••••Delhi, India

Peers are the five companies nearest above and the five nearest below Hiringhut Solutions 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 Hiringhut Solutions Private Limited

Hiringhut Solutions Private Limited is audited by K R KAMATH & CO for the financial year 2022.

NameStatusAppointment DateCessation Date
K R KAMATH & COLockedLockedLocked
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Board of Directors of Hiringhut Solutions Private Limited

Hiringhut Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vani RastogiDirector02 May 20224 Years 5 MonthsCurrent
Syed KamranDirector26 Jul 20179 Years 2 MonthsCurrent

Ownership and Shareholding of Hiringhut Solutions Private Limited

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Charges & Borrowings of Hiringhut Solutions Private Limited

Hiringhut Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Associated Brands with Hiringhut Solutions Private Limited

Hiringhut Solutions operates one associated brand: HiringHut. Each brand links to its own profile.

BrandDescriptionWebsite
Recruitment agency providing talent acquisition, staffing, and HR solutions in India.hiringhut.in

Employees and EPFO Compliance at Hiringhut Solutions Private Limited

Hiringhut Solutions Private Limited has a workforce of 59 employees as of Mar 30, 2024.

Employee count
59
Active EPFO establishments
1
Employee growth
73.53%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Hiringhut Solutions Private Limited

Hiringhut Solutions Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Krishna Anilkumar ceased to be Director on 14 Aug 2023.

AGM
Hiringhut Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Krishna Anilkumar ceased to be Director.
Filing
Hiringhut Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Vani Rastogi was appointed as Director.
Appointed
Syed Kamran was appointed as Director.
Incorporation
26 Jul 2017
Hiringhut Solutions Private Limited was registered on 26 Jul 2017 with Roc Bangalore & aged 9 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Hiringhut Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Hiringhut Solutions Private Limited

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Subsidiaries & Group Companies of Hiringhut Solutions Private Limited

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GST Compliance of Hiringhut Solutions Private Limited

Hiringhut Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECH2645F1ZMKarnatakaActive05 Dec 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Hiringhut Solutions Private Limited

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Frequently Asked Questions about Hiringhut Solutions Private Limited

Hiringhut Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 26 July 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105035.

Hiringhut Solutions reported revenue of ₹1.92 Cr for FY 2022 (up 57% YoY).

Hiringhut Solutions has 2 current directors:

Hiringhut Solutions reported a net profit of ₹17.96 Lakh (net margin 9.3%) and EBITDA of ₹24.61 Lakh (EBITDA margin 12.8%) for FY 2022, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Hiringhut Solutions is 127% over three years. In the latest year (FY 2022) revenue rose 57%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Hiringhut Solutions is 29AAECH2645F1ZM, registered in Karnataka.

The CIN (Corporate Identification Number) of Hiringhut Solutions is U74999KA2017PTC105035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hiringhut Solutions has 12 court cases on record: 12 filed against it. 6 are pending.

Hiringhut Solutions was incorporated on 26 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Hiringhut Solutions by revenue are Klap6 Technologies Private Limited, Swavalamb HR India Private Limited, Nisvan HR Solutions Private Limited, Scouters Private Limited, Global Trendz Management Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).

Krishna Anilkumar ceased to be Director on 14 Aug 2023. Vani Rastogi was appointed as Director on 02 May 2022. Syed Kamran was appointed as Director on 26 Jul 2017.

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