About I.M.S.I Staffing Private Limited
Data last updated:
I.M.S.I Staffing Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Teamlease Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 24 July 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC385319. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.32 Cr. It was led by directors including Alaka Chanda and Rituparna Chakraborty.
Its last annual general meeting (AGM) was held on 08 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹64.78 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.32 Cr (net margin 3.6%) and EBITDA of ₹3.42 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company had about 1,369 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: IMSI Staffing and TeamLease. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (3 secondary share transfers, 2 acquisitions); the latest was in July 2021. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 24 overdue payments to 7 micro and small suppliers.
The last known website on record is imsistaffing.com.
Company details
CIN history
I.M.S.I Staffing has one previous CIN (Corporate Identification Number): U74999UR2018PTC008906. The current CIN is U74999MH2018PTC385319, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2018PTC385319 | Current |
| U74999UR2018PTC008906 | Previous |
Contact details
I.M.S.I Staffing Private Limited's registered office is in Mumbai, Maharashtra. Its website is imsistaffing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.6 C Wing 3rd Floor C – 25 Laxmi Towers Bandra Kurla Complex Bandra (Eas, T), Mumbai, Maharashtra, India – 400051
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of I.M.S.I Staffing Private Limited, buy the company report.
- 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
Brands
I.M.S.I Staffing operates two associated brands: IMSI Staffing and TeamLease. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recruitment services are provided to clients across various sectors. | imsistaffing.com | |
| Staffing and recruiting services connect employers with job candidates. | teamlease.com |
Business activity
The main business activity of I.M.S.I Staffing is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of I.M.S.I Staffing Private Limited, buy the company report.
Financials of I.M.S.I Staffing Private Limited
FY 2023 filings availableI.M.S.I Staffing Private Limited reported revenue of ₹64.78 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 3% growth in the latest year. EBITDA rose 8% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹64.78 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.32 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 3.6% | ||||
| 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 I.M.S.I Staffing Private Limited, buy the company report.
Board of directors of I.M.S.I Staffing Private Limited
I.M.S.I Staffing has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alaka Chanda Also directs: Teamlease Hrtech Private Limited, Teamlease Digital Private Limited, TSR Darashaw HR Services Private Limited and 2 more | Director | 23 Mar 2021 | 5 Years 7 Months | As last reported |
| Rituparna Chakraborty | Director | 30 Jul 2020 | 6 Years 3 Months | As last reported |
| Ramani Dathi Also directs: Teamlease Hrtech Private Limited, Teamlease Digital Private Limited, TSR Darashaw HR Services Private Limited and 5 more | Director | 12 Nov 2019 | 6 Years 11 Months | As last reported |
Auditor
I.M.S.I Staffing Private Limited is audited by Manian & Rao for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manian & Rao | FY 2023 | 001983S |
Shareholding
The shareholding of I.M.S.I Staffing Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of I.M.S.I Staffing Private Limited, buy the company report.
Deals & funding
I.M.S.I Staffing Private Limited has 5 deals on record (3 secondary share transfers, 2 acquisitions); the latest was in July 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: TeamLease Services Limited & Neeti Sharma, TeamLease Services Limited & Rituparna Chakraborty, TeamLease Services Limited & Vikram Peter Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Teamlease Services Limited Seller: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Teamlease Services Limited Seller: an individual |
| Nov 2019 | Acquisition | ₹47.96 Cr | Buyer: Teamlease Services Limited Seller: 4 individuals |
| Nov 2019 | Acquisition | Undisclosed | Buyer: Teamlease Services Limited Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
I.M.S.I Staffing Private Limited has 5 court cases on record: 3 filed by I.M.S.I Staffing, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dehradun, Uttarakhand | Court case (Original Civil Suit) | Filed against the company | Pending |
| NCLT, Mumbai | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of I.M.S.I Staffing Private 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
I.M.S.I Staffing Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 24 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
To see the full MSME payment records of I.M.S.I Staffing Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
I.M.S.I Staffing Private Limited has a workforce of 1,369 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
I.M.S.I Staffing has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of I.M.S.I Staffing Private Limited, buy the company report.
Recent activity
I.M.S.I Staffing Private Limited has 10 board changes on record since 2019: 3 appointments and 7 cessations. The latest: Alaka Chanda ceased to be Additional Director on 25 Aug 2021.
1 earlier event is in the company report.
Frequently asked questions
I.M.S.I Staffing has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
I.M.S.I Staffing was a private limited company based in Mumbai, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 24 July 2018 and is registered under CIN U74999MH2018PTC385319. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
I.M.S.I Staffing was incorporated on 24 July 2018. It is registered with the Registrar of Companies, Mumbai.
I.M.S.I Staffing had 3 directors:
- Alaka Chanda - Director
- Rituparna Chakraborty - Director
- Ramani Dathi - Director
The CIN (Corporate Identification Number) of I.M.S.I Staffing is U74999MH2018PTC385319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of I.M.S.I Staffing is at Office No.6 C Wing 3rd Floor C – 25 Laxmi Towers Bandra Kurla Complex Bandra Eas, T, Mumbai, Maharashtra, India – 400051.
I.M.S.I Staffing can be reached through the website imsistaffing.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of I.M.S.I Staffing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 08 September 2023. Year-wise statements from FY 2019 are in the company report.
No. I.M.S.I Staffing has 2 GST registrations on record and all of them are cancelled or inactive.
I.M.S.I Staffing operated in the business outsourcing industry, in the HR outsourcing and talent management segment.
I.M.S.I Staffing has 5 deals on record (3 secondary share transfers, 2 acquisitions); the latest was in July 2021.
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