MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0061238
Initus HR Consulting Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.44 Cr
▼ 45% YoY
Net loss · FY 2024
₹15.35 Lakh
Net margin -10.7%
EBITDA · FY 2024
-₹5.59 Lakh
EBITDA margin -3.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹38.95 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
4
Provident fund records
About Initus HR Consulting Private Limited
Data last updated:
Initus HR Consulting 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 16 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2011PTC058648. Its GSTIN is 29AACCI6350G1ZJ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Parayanchalil James (Managing Director) and Asha Mathew.
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. 188 2nd Floor Next Coworks Ranka Colony Munivenkatppa Layout Bilekahalli, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹15.35 Lakh (net margin -10.7%) and EBITDA of -₹5.59 Lakh (EBITDA margin -3.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 8% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹38.95 Lakh on record.
Initus HR Consulting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0061238). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website initus.co.in.
Company details
CIN U74999KA2011PTC058648
Registration Number 058648
Incorporation Date 16 May 2011
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 Micro
Udyam Registration UDYAM-KR-03-0061238
Recognitions & Rankings of Initus HR Consulting
Contact details
Initus HR Consulting Private Limited's registered office is in Bangalore, Karnataka. Its website is initus.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 188 2nd Floor Next Coworks Ranka Colony Munivenkatppa Layout Bilekahalli, Bangalore, Karnataka, India – 560076
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Initus HR Consulting Private Limited, buy the company report.
Comprehensive company report
Initus HR Consulting 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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Secure checkout · GST invoice included
Business activity
The main business activity of Initus HR Consulting is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Initus HR Consulting Private Limited, buy the company report.
Financials of Initus HR Consulting Private Limited
FY 2024 filings availableInitus HR Consulting Private Limited reported revenue of ₹1.44 Cr (down 45% YoY) for FY 2024.
Revenue · FY 2024
₹1.44 Cr ▼ 45%
Net loss · FY 2024
₹15.35 Lakh margin -10.7%
EBITDA · FY 2024
-₹5.59 Lakh margin -3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 15%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 130%
3 years · compounded
▼ 29%
5 years · compounded
▼ 37%
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 130% 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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| EBITDA | -₹5.59 Lakh | ||||
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| Net Profit (PAT) | -₹15.35 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -3.9% | ||||
| Net Profit Margin | -10.7% | ||||
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To see the full financial statements and ratios of Initus HR Consulting Private Limited, buy the company report.
Board of directors of Initus HR Consulting Private Limited
Initus HR Consulting has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Mathew | Director | 25 Jan 2023 | 3 Years 8 Months | Current |
| Rajesh Parayanchalil James | Managing Director | 16 May 2011 | 15 Years 5 Months | Current |
Auditor
Initus HR Consulting Private Limited is audited by J P C & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J P C & ASSOCIATES | FY 2020 | 014835S |
Shareholding
The shareholding of Initus HR Consulting Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Initus HR Consulting Private Limited, buy the company report.
Charges & borrowings
Open charges
₹38.95 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2022 | 100873831 | Hdfc Bank Limited | ₹38.95 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Initus HR Consulting Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Initus HR Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Initus HR Consulting Private Limited has a workforce of 4 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
-50%
GST
Initus HR Consulting has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI6350G1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Initus HR Consulting Private Limited, buy the company report.
Recent activity
Initus HR Consulting Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Asha Mathew was appointed as Director on 25 Jan 2023.
AGM
Initus Hr Consulting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Initus Hr Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Asha Mathew was appointed as Director.
Ceased
Kurian Kakkanattuparambil Chacko ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 38.95 Lakh with Charge ID 100873831 was registered on 03 Jun 2022.
Ceased
Asha Mathew ceased to be Director.
Appointed
Rajesh Parayanchalil James was appointed as Managing Director.
Incorporation
16 May 2011
Initus Hr Consulting Private Limited was registered on 16 May 2011 with Roc Bangalore & aged 15 years 5 months as per MCA records.
Frequently asked questions
Initus HR Consulting 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 16 May 2011 (15+ years old) and is registered under CIN U74999KA2011PTC058648.
Initus HR Consulting has 2 current directors:
- Rajesh Parayanchalil James - Managing Director
- Asha Mathew - Director
The latest financial statements of Initus HR Consulting 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 Initus HR Consulting is 29AACCI6350G1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Initus HR Consulting is U74999KA2011PTC058648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Initus HR Consulting was incorporated on 16 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Asha Mathew was appointed as Director on 25 Jan 2023. Kurian Kakkanattuparambil Chacko ceased to be Director on 25 Jan 2023. Asha Mathew ceased to be Director on 08 Jul 2019. Initus HR Consulting has 4 board changes on record in total.
Yes, Initus HR Consulting is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0061238).
Initus HR Consulting can be reached through the website initus.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Initus HR Consulting is at No. 188 2nd Floor Next Coworks Ranka Colony Munivenkatppa Layout Bilekahalli, Bangalore, Karnataka, India – 560076.