MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0093812
Associated Human Resource Service Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.05 Cr
▲ 34% YoY
Net profit · FY 2025
₹59.84 Lakh
Net margin 2%
EBITDA · FY 2025
₹1.7 Cr
EBITDA margin 5.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹9.99 Cr
Satisfied ₹20 Lakh
Company age
15 yrs
Est. 2011
Employees · EPFO
713
Provident fund records
About Associated Human Resource Service Private Limited
Data last updated:
Associated Human Resource Service 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 07 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2011PTC057451. Its GSTIN is 29AAJCA3082C1ZT (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Sumashree Krishnappa and Hemaraju Javaraiah Hakkimari Palya.
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 No 160 3rd Floor Raashi Complex Nagarabhavi 2nd Stage 2nd Block, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.05 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹59.84 Lakh (net margin 2%) and EBITDA of ₹1.7 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 18% over five years.
The company has about 713 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Associated Human Resource Service. As per MCA filings, the company has open charges of ₹9.99 Cr and satisfied charges of ₹20 Lakh on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 5 cases are pending.
Associated Human Resource Service Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0093812). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website associatedservice.in.
Company details
CIN U74999KA2011PTC057451
Registration Number 057451
Incorporation Date 07 March 2011
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 Small
Udyam Registration UDYAM-KR-03-0093812
Key People
Sumashree Krishnappa Director Hemaraju Javaraiah Hakkimari Palya Director Manjunatha Director Recognitions & Rankings of Associated Human Resource Service
Contact details
Associated Human Resource Service Private Limited's registered office is in Bangalore, Karnataka. Its website is associatedservice.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 160 3rd Floor Raashi Complex Nagarabhavi 2nd Stage 2nd Block, Bangalore, Karnataka, India – 560072
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Associated Human Resource Service Private Limited, buy the company report.
Comprehensive company report
Associated Human Resource Service 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Associated Human Resource Service operates one associated brand: Associated Human Resource Service. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers recruitment services for technical, professional, and managerial roles in industries. | associatedservice.in |
Business activity
The main business activity of Associated Human Resource Service is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Associated Human Resource Service Private Limited, buy the company report.
Financials of Associated Human Resource Service Private Limited
FY 2025 filings availableAssociated Human Resource Service Private Limited reported revenue of ₹30.05 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹30.05 Cr ▲ 34%
Net profit · FY 2025
₹59.84 Lakh margin 2%
EBITDA · FY 2025
₹1.7 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 28%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 26%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 34% growth in the latest year. EBITDA rose 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹59.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Associated Human Resource Service Private Limited, buy the company report.
Board of directors of Associated Human Resource Service Private Limited
Associated Human Resource Service has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumashree Krishnappa | Director | 07 Mar 2011 | 15 Years 7 Months | Current |
| Hemaraju Javaraiah Hakkimari Palya | Director | 07 Mar 2011 | 15 Years 7 Months | Current |
| Manjunatha | Director | 28 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Associated Human Resource Service Private Limited is audited by HARISH BASAVARAJ & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH BASAVARAJ & CO | FY 2023 | 013098S |
Shareholding
The shareholding of Associated Human Resource Service Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Associated Human Resource Service Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.99 Cr
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2025 | 101146423 | State Bank of India | ₹8.66 Cr | Open | |
| 04 Dec 2021 | 100524751 | State Bank of India | ₹9.7 Lakh | Open | |
| 07 Dec 2018 | 100224857 | State Bank of India | ₹1.23 Cr | Open | |
| 13 Jan 2015 | 10542894 | State Bank of Patiala | ₹20 Lakh | Satisfied |
To see the full charge records of Associated Human Resource Service Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Associated Human Resource Service Private Limited has 12 court cases on record: 10 filed by Associated Human Resource Service, 2 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
10
Filed against the company
2
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 2 |
| High courts | 6 | 0 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Ariatex Garments Pvt. Ltd.,Rep by Its Managing Director | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Bengaluru Solid Waste Management Limited, and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Sadbhav Engineering Limited and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Ariatex Garments Pvt Ltd Repby Its Managing Director and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Ariatex Garments Pvt Ltd Repby Its Managing Director and 1 other | Disposed |
To see the full case history of Associated Human Resource Service 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 Associated Human Resource Service Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Associated Human Resource Service Private Limited has a workforce of 713 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
713
Active EPFO establishments
1
Employee growth
36.59%
GST
Associated Human Resource Service has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA3082C1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Human Resource Service Private Limited, buy the company report.
Recent activity
Associated Human Resource Service Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Manjunatha was appointed as Director on 28 Feb 2025.
AGM
Associated Human Resource Service Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 866.00 Lakh registered on 03 Jul 2025 with Charge ID 101146423 was modified on 29 Sep 2025.
Charges
A charge with State Bank Of India amounted to Rs. 866.00 Lakh with Charge ID 101146423 was registered on 03 Jul 2025.
Filing
Associated Human Resource Service Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Manjunatha was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 9.70 Lakh with Charge ID 100524751 was registered on 04 Dec 2021.
Charges
A charge registered on 13 Jan 2015 via Charge ID 10542894 with State Bank Of Patiala was fully satisfied on 06 Aug 2021.
Charges
A charge with State Bank Of India of Rs. 123.00 Lakh registered on 07 Dec 2018 with Charge ID 100224857 was modified on 19 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 123.00 Lakh with Charge ID 100224857 was registered on 07 Dec 2018.
Charges
A charge with State Bank Of Patiala amounted to Rs. 20.00 Lakh with Charge ID 10542894 was registered on 13 Jan 2015.
Appointed
Hemaraju Javaraiah Hakkimari Palya was appointed as Director.
Appointed
Sumashree Krishnappa was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Associated Human Resource Service 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 07 March 2011 (15+ years old) and is registered under CIN U74999KA2011PTC057451.
Associated Human Resource Service has 3 current directors:
- Sumashree Krishnappa - Director
- Hemaraju Javaraiah Hakkimari Palya - Director
- Manjunatha - Director
The latest financial statements of Associated Human Resource Service 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 Associated Human Resource Service is 29AAJCA3082C1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Associated Human Resource Service is U74999KA2011PTC057451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Human Resource Service has 12 court cases on record: 10 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Associated Human Resource Service was incorporated on 07 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Manjunatha was appointed as Director on 28 Feb 2025. Hemaraju Javaraiah Hakkimari Palya was appointed as Director on 07 Mar 2011. Sumashree Krishnappa was appointed as Director on 07 Mar 2011.
Yes, Associated Human Resource Service is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0093812).
Associated Human Resource Service can be reached through the website associatedservice.in. Its registered office is in Bangalore, Karnataka, India.