MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0033421
Source One Management Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹115.56 Cr
▲ 70% YoY
Net profit · FY 2025
₹5.02 Cr
Net margin 4.3%
EBITDA · FY 2025
₹8.58 Cr
EBITDA margin 7.4%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹2.25 Cr
Satisfied ₹2.58 Cr
Company age
21 yrs
Est. 2005
Directors on board
4
As per MCA filings
About Source One Management Services Private Limited
Data last updated:
Source One Management Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036903. Its GSTIN is 29AAJCS1595A1Z9 (Karnataka). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Sanjay Anand (Managing Director) and Archana Anand (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 55/A First Floor Nanjappa Road Bangalorer., Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.56 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹5.02 Cr (net margin 4.3%) and EBITDA of ₹8.58 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 19% over five years.
The company is associated with 2 brands: Hiring Now and Source One Management Services. As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹2.58 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Source One Management Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0033421). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msourceone.com.
Company Details of Source One Management Services Private Limited
CIN U72200KA2005PTC036903
Registration Number 036903
Incorporation Date 05 August 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0033421
Key People
Sanjay Anand Managing Director Archana Anand Whole-Time Director Subhadra Jha Whole-Time Director Recognitions & Rankings of Source One Management Services
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address55/A First Floor Nanjappa Road Bangalorer., Karnataka, India – 560027
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Source One Management Services 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands
Source One Management Services operates two associated brands: Hiring Now and Source One Management Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for efficient applicant tracking and recruitment. | hiringnow.com | |
| Offers contract staffing, recruitment, and IT services including Liferay development, big data solutions, and mobile app development. | msourceone.com |
Business Activity
The main business activity of Source One Management Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Source One Management Services Private Limited
FY 2025 filings availableSource One Management Services Private Limited reported revenue of ₹115.56 Cr (up 70% YoY) for FY 2025.
Revenue · FY 2025
₹115.56 Cr ▲ 70%
Net profit · FY 2025
₹5.02 Cr margin 4.3%
EBITDA · FY 2025
₹8.58 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 8%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 529%
3 years · compounded
▼ 23%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 70% growth in the latest year. EBITDA rose 529% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹8.58 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹5.02 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.4% | |
| Net Profit Margin | 4.3% | |
| 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, and every line for FY 2020-21 to FY 2023-24, 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 Source One Management Services are in the company report.
: available in the company report
Board of Directors of Source One Management Services Private Limited
Source One Management Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Archana Anand | Whole-Time Director | 05 Aug 2005 | 21 Years 2 Months | Current |
| Sanjay Anand | Managing Director | 05 Aug 2005 | 21 Years 2 Months | Current |
| Subhadra Jha | Whole-Time Director | 05 Aug 2005 | 21 Years 2 Months | Current |
| Manish Anand | Director | 16 Dec 2023 | 2 Years 10 Months | Current |
Auditor Details
Source One Management Services Private Limited is audited by ASA & Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASA & Associates LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹2.25 Cr
Satisfied charges
₹2.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2013 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 26 Dec 2009 | Hdfc Bank Limited | ₹1 Cr | Open |
| 30 Nov 2012 | Icici Bank Limited | ₹2.58 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases
Source One Management Services Private Limited has 2 court cases on record: 1 filed by Source One Management Services, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Markerz Services Pvt Ltd and 3 others | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by an individual | Disposed |
: available in 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
Source One Management Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Purview India Consulting and Services LLP | •••• | •••• | •••• |
| Techies Designs | •••• | •••• | •••• |
| KRG Technologies India Private Limited | •••• | •••• | •••• |
| Pinaki Softcon Private Limited | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Source One Management Services.
: available in the company report
Recent Activity
Source One Management Services Private Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Manish Anand was appointed as Director on 16 Dec 2023.
AGM
Source One Management Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Source One Management Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Manish Anand was appointed as Director.
Charges
A charge registered on 30 Nov 2012 via Charge ID 10398516 with Icici Bank Limited was fully satisfied on 18 Jul 2022.
Ceased
Subhadra Jha ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 10411148 was registered on 25 Feb 2013.
Charges
A charge with Icici Bank Limited amounted to Rs. 2.58 Cr with Charge ID 10398516 was registered on 30 Nov 2012.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10197144 was registered on 26 Dec 2009.
Appointed
Archana Anand was appointed as Whole-Time Director.
Appointed
Sanjay Anand was appointed as Managing Director.
Appointed
Subhadra Jha was appointed as Whole-Time Director.
Incorporation
05 Aug 2005
Source One Management Services Private Limited was registered on 05 Aug 2005 with Roc Bangalore & aged 21 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Source One Management Services has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS1595A1Z9 | Karnataka | Active | 01 Jul 2017 |
| 11AAJCS1595A1ZQ | Sikkim | Active | 21 Nov 2020 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Source One Management Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 August 2005 (21+ years old) and is registered under CIN U72200KA2005PTC036903.
Source One Management Services has 4 current directors:
- Sanjay Anand - Managing Director
- Archana Anand - Whole-Time Director
- Subhadra Jha - Whole-Time Director
- Manish Anand - Director
The latest financial statements of Source One Management Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Source One Management Services is 29AAJCS1595A1Z9, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 11AAJCS1595A1ZQ (Sikkim).
The CIN (Corporate Identification Number) of Source One Management Services is U72200KA2005PTC036903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Source One Management Services has 2 court cases on record: 1 filed by the company and 1 filed against it.
Source One Management Services was incorporated on 05 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Manish Anand was appointed as Director on 16 Dec 2023. Subhadra Jha ceased to be Director on 01 Oct 2014. Archana Anand was appointed as Whole-Time Director on 05 Aug 2005. Source One Management Services has 5 board changes on record in total.
Yes, Source One Management Services is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0033421).
Source One Management Services has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 26 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Source One Management Services can be reached through the website msourceone.com. Its registered office is in Bangalore, Karnataka, India.