About Laayak Corporate Support Solutions Private Limited
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Laayak Corporate Support 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 28 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2011PTC078976. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Krishnan Regupathy and Kalyani Ragunathan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No.30 Dev Apartments III Floor Door No.7/15 First Main Road Kasthuribai Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.18 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Lakh (net margin 3.5%) and EBITDA of ₹23.77 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
The company has about 121 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laayak.in.
Company details
Contact details
Laayak Corporate Support Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is laayak.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No.30 Dev Apartments III Floor Door No.7/15 First Main Road Kasthuribai Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Laayak Corporate Support Solutions 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
Business activity
The main business activity of Laayak Corporate Support Solutions is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service |
To see the full business activity and turnover split of Laayak Corporate Support Solutions Private Limited, buy the company report.
Financials of Laayak Corporate Support Solutions Private Limited
FY 2019 filings availableLaayak Corporate Support Solutions Private Limited reported revenue of ₹3.18 Cr (down 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 21% fall in the latest year. EBITDA fell 28% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Revenue | ₹3.18 Cr | ||||
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| EBITDA | ₹23.77 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹11.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Laayak Corporate Support Solutions Private Limited, buy the company report.
Board of directors of Laayak Corporate Support Solutions Private Limited
Laayak Corporate Support Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Regupathy Also directs: Athulyam Enterprises Private Limited | Director | 28 Jan 2011 | 15 Years 8 Months | Current |
| Kalyani Ragunathan Also directs: Athulyam Enterprises Private Limited | Director | 28 Jan 2011 | 15 Years 8 Months | Current |
Auditor
Laayak Corporate Support Solutions Private Limited is audited by S L S M & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S L S M & CO | FY 2019 | 003729S |
Shareholding
The shareholding of Laayak Corporate Support Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Laayak Corporate Support Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2014 | 10531385 | Indian Overseas Bank | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Laayak Corporate Support Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Bajaj Finance Limited, Rep by Its Power of Attorney Agent,Mr.U.Rajeswaran | Disposed |
To see the full case history of Laayak Corporate Support Solutions 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
No delayed payments to MSME suppliers are on our record for Laayak Corporate Support Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Laayak Corporate Support Solutions Private Limited has a workforce of 121 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Laayak Corporate Support Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Laayak Corporate Support Solutions Private Limited, buy the company report.
Recent activity
Laayak Corporate Support Solutions Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Radhakrishnan Maheswari ceased to be Director on 30 Jun 2018.
Frequently asked questions
Laayak Corporate Support 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 28 January 2011 (15+ years old) and is registered under CIN U74900TN2011PTC078976.
Laayak Corporate Support Solutions has 2 current directors:
- Krishnan Regupathy - Director
- Kalyani Ragunathan - Director
The latest financial statements of Laayak Corporate Support Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Laayak Corporate Support Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Laayak Corporate Support Solutions is U74900TN2011PTC078976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laayak Corporate Support Solutions has 1 court case on record: 1 filed against it.
Laayak Corporate Support Solutions was incorporated on 28 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Radhakrishnan Maheswari ceased to be Director on 30 Jun 2018. Ramasamy Keerthi ceased to be Director on 30 Jun 2018. Solaisamy Radhakrishnan ceased to be Director on 30 Jun 2018. Laayak Corporate Support Solutions has 5 board changes on record in total.
Laayak Corporate Support Solutions can be reached through the website laayak.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Laayak Corporate Support Solutions is at Flat No.30 Dev Apartments III Floor Door No.715 First Main Road Kasthuribai Nagar Adyar, Chennai, Tamil Nadu, India – 600020.