About Labournet Managed Services Private Limited
Data last updated:
Labournet Managed Services 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 10 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA2012PTC065270. Its GSTIN is 29AACCL3405F1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gayathri Srinath Vasudevan and Rajesh Anchiparambil Raveendran.
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 25/1 – 4 9th Cross Marenahallipalya J.P. Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LabourNet. As per MCA filings, the company has open charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website labournet.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address25/1 – 4 9th Cross Marenahallipalya J.P. Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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
- One PDF report, delivered after checkout
Business Activity of Labournet Managed Services Private Limited
The main business activity of Labournet Managed Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Labournet Managed Services Private Limited FY 2024 filings available
Labournet Managed Services Private Limited reported revenue of ₹2,000 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Labournet Managed Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 90% over five years. 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 Labournet Managed Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Labournet Managed Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Labournet Managed Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Labournet Managed Services Private Limited
Labournet Managed Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edufu Technologies Private Limited | •••• | •••• | •••• | •••• | - | Parvathi Nagar, Karnataka, India |
| Talent Traderz Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Mindscape Tele Marketing Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Scoreman Security and Hospitality Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Nihira Enterprises Private Limited | •••• | •••• | •••• | •••• | 908 | Bangalore, Karnataka, India |
| Labournet Managed Services Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Milesahead Tech Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Prestige Associates Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Munjal Management and HR Consultants Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Vardhans India Facilities Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| She Jobs Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Labournet Managed Services by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Labournet Managed Services Private Limited
Labournet Managed Services Private Limited is audited by N K S B AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N K S B AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Labournet Managed Services Private Limited
Labournet Managed Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gayathri Srinath Vasudevan | Director | 10 Aug 2012 | 14 Years 1 Months | Current |
| Rajesh Anchiparambil Raveendran | Director | 10 Aug 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Labournet Managed Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Labournet Managed Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2019 | Axis Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Labournet Managed Services Private Limited
Labournet Managed Services operates one associated brand: LabourNet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of skilling opportunities and business performance services | labournet.in |
Employees and EPFO Compliance at Labournet Managed Services Private Limited
Labournet Managed Services Private Limited has a workforce of 150 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Labournet Managed Services Private Limited
Recent Activity on Labournet Managed Services Private Limited
Labournet Managed Services Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Gayathri Srinath Vasudevan was appointed as Director on 10 Aug 2012.
Credit Ratings, Litigation & Regulatory Alerts for Labournet Managed Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Labournet Managed Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Labournet Managed Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Labournet Managed Services Private Limited
Labournet Managed Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL3405F1ZS | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Labournet Managed Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Labournet Managed Services Private Limited
Labournet Managed Services 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 10 August 2012 (14+ years old) and is registered under CIN U74120KA2012PTC065270.
Labournet Managed Services has 2 current directors:
- Gayathri Srinath Vasudevan - Director
- Rajesh Anchiparambil Raveendran - Director
The GSTIN of Labournet Managed Services is 29AACCL3405F1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Labournet Managed Services is U74120KA2012PTC065270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Labournet Managed Services was incorporated on 10 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Labournet Managed Services by revenue are Edufu Technologies Private Limited, Talent Traderz Private Limited, Mindscape Tele Marketing Private Limited, Scoreman Security and Hospitality Services Private Limited, Nihira Enterprises Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Gayathri Srinath Vasudevan was appointed as Director on 10 Aug 2012. Rajesh Anchiparambil Raveendran was appointed as Director on 10 Aug 2012.
Labournet Managed Services can be reached through the website labournet.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Labournet Managed Services is at 251 – 4 9th Cross Marenahallipalya J.P. Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
Labournet Managed Services has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Labournet Managed Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.