About Mainstay Teleservices Private Limited
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Mainstay Teleservices Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business process outsourcing sector. It was incorporated on 28 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027349. Its GSTIN is 29AACCM2530L2ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.93 Cr. It is led by directors Bipinkumar Khimasia (Managing Director) and Mohammed Ummer.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S – 514 Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.16 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹65.18 Lakh and EBITDA of -₹63.88 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 63% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.75 Cr on record. Court records list 96 cases involving the company, including 92 filed by the company and 4 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 mainstaycrm.com.
Company details
Contact details
Mainstay Teleservices Private Limited's registered office is in Bangalore, Karnataka. Its website is mainstaycrm.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressS – 514 Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Mainstay Teleservices 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
Financials of Mainstay Teleservices Private Limited
FY 2023 filings availableMainstay Teleservices Private Limited reported revenue of ₹1.16 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 98% fall 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
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| EBITDA | -₹63.88 Lakh | ||||
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| Net Profit (PAT) | -₹65.18 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Mainstay Teleservices Private Limited, buy the company report.
Board of directors of Mainstay Teleservices Private Limited
Mainstay Teleservices has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Ummer | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
| Bipinkumar Khimasia | Managing Director | 27 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Mainstay Teleservices Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techee BPO India Limited | ₹1.21 Lakh (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Mainstay Teleservices Private Limitedthis company | ₹1.16 Lakh (FY 2023) | -₹65.18 Lakh | -98.0% | 28 | Bangalore, Karnataka, India | |
| Espirit Technoconsultants Private Limited | ₹1.16 Lakh (FY 2025) | 8740.0% | New Delhi, Delhi, India | |||
| Vacations Private Limited | ₹1.15 Lakh (FY 2016) | -93.0% | Mumbai, Maharashtra, India | |||
| Panacea Bizmart Private Limited | ₹1.14 Lakh (FY 2024) | -73.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Mainstay Teleservices Private Limited, buy the company report.
Auditor
Mainstay Teleservices Private Limited is audited by MUKESH M SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKESH M SHAH & CO | FY 2021 | 009518S |
Shareholding
The shareholding of Mainstay Teleservices Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mainstay Teleservices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2004 | 90199704 | Canara Bank | ₹1.25 Cr | Open | |
| 21 Feb 2004 | 90200902 | Canara Bank | ₹50 Lakh | Open |
To see the full charge records of Mainstay Teleservices Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mainstay Teleservices Private Limited has 96 court cases on record: 92 filed by Mainstay Teleservices, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 88 | 2 | 0 |
| High courts | 6 | 2 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 96)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Export Credit Guarantee Corporation of India Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by The Assistant Provident Fund Commissioner | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by Way2save Consultancy Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Wasy2save Consultance Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Mainstay Teleservices 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 Mainstay Teleservices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mainstay Teleservices Private Limited has a workforce of 28 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Mainstay Teleservices has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCM2530L2ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mainstay Teleservices Private Limited, buy the company report.
Recent activity
Mainstay Teleservices Private Limited has 15 board changes on record since 2006: 4 appointments and 11 cessations. The latest: Mohammed Ummer was appointed as Director on 12 Nov 2021.
10 earlier events are in the company report.
Frequently asked questions
Mainstay Teleservices is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 28 June 2000 (26+ years old) and is registered under CIN U72200KA2000PTC027349.
Mainstay Teleservices has 2 current directors:
- Bipinkumar Khimasia - Managing Director
- Mohammed Ummer - Director
The latest financial statements of Mainstay Teleservices on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mainstay Teleservices is 29AACCM2530L2ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mainstay Teleservices is U72200KA2000PTC027349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mainstay Teleservices has 96 court cases on record: 92 filed by the company and 4 filed against it. Most are in the district courts.
Mainstay Teleservices was incorporated on 28 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mainstay Teleservices by revenue are Techee BPO India Limited, Espirit Technoconsultants Private Limited, Vacations Private Limited, Panacea Bizmart Private Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities).
Mohammed Ummer was appointed as Director on 12 Nov 2021. Sunil Khimasia ceased to be Director on 30 Dec 2020. Praveen Kumawat ceased to be Company Secretary on 01 Sep 2020. Mainstay Teleservices has 15 board changes on record in total.
Mainstay Teleservices can be reached through the website mainstaycrm.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mainstay Teleservices is at S – 514 Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.
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