About Neeyamo Enterprise Solutions Private Limited
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Neeyamo Enterprise 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 10 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2009PTC070707. Its GSTIN is 33AACCN9520B1ZX (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹57.76 Cr. It is led by directors Ashok Shankar Bildikar and Rangarajan Seshadri.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.56 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹44.91 Cr (net margin -70.7%) and EBITDA of -₹35.05 Cr (EBITDA margin -55.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 544 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Neeyamo. As per MCA filings, the company has open charges of ₹17.45 Cr on record. Court records list 36 cases involving the company, including 30 filed by the company and 6 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.39 Cr; the latest was in May 2012. Its 5 peer companies in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 1 larger and 4 smaller; the largest is Randstad Enterprise Private Limited with revenue of ₹222.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neeyamo.com.
Company details
Contact details
Neeyamo Enterprise Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is neeyamo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No.A (Module 4) 5th Floor Sp Infocity No.40 Mgr Salai Perungudi Kandanchava, Di, Chennai, Tamil Nadu, India – 600096
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Neeyamo Enterprise 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
Brands
Neeyamo Enterprise Solutions operates one associated brand: Neeyamo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers integrated HR helpdesk services for businesses. | neeyamo.com |
Business activity
The main business activity of Neeyamo Enterprise Solutions is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Neeyamo Enterprise Solutions Private Limited, buy the company report.
Financials of Neeyamo Enterprise Solutions Private Limited
FY 2025 filings availableNeeyamo Enterprise Solutions Private Limited reported revenue of ₹63.56 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹63.56 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹35.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44.91 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55.1% | ||||
| Net Profit Margin | -70.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Neeyamo Enterprise Solutions Private Limited, buy the company report.
Board of directors of Neeyamo Enterprise Solutions Private Limited
Neeyamo Enterprise Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Shankar Bildikar Also directs: Neeyamo BGV Services Private Limited, Neeyamo Foundation | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Rangarajan Seshadri Also directs: Neeyamo BGV Services Private Limited | Director | 22 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Neeyamo Enterprise Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Randstad Enterprise Private Limited | ₹222.3 Cr (FY 2025) | 204.0% | Chennai, Tamil Nadu, India | |||
| Adroit Global Personnel Services Private Limited | ₹220.01 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Korn /Ferry International Private Limited | ₹219.45 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| H1 HR Solutions Private Limited | ₹219.3 Cr (FY 2025) | 39.0% | Mumbai, Maharashtra, India | |||
| Tata Steel Technical Services Limited | ₹218.91 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| Neeyamo Enterprise Solutions Private Limitedthis company | ₹63.56 Cr (FY 2025) | -₹44.91 Cr | -70.7% | 7.0% | 544 | Chennai, Tamil Nadu, India |
To see the full peer comparison of Neeyamo Enterprise Solutions Private Limited, buy the company report.
Auditor
Neeyamo Enterprise Solutions Private Limited is audited by Price Waterhouse Chartered Accountant LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountant LLP | FY 2023 | 012754N |
Shareholding
The shareholding of Neeyamo Enterprise Solutions 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 Neeyamo Enterprise Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2024 | 100968701 | Hdfc Bank Limited | ₹16.87 Cr | Open | |
| 11 Sep 2018 | 100203800 | Others | ₹58.46 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Neeyamo Enterprise Solutions Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.39 Cr; the latest was in May 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2012 | Funding round | ₹1.6 Cr | Investors: 4 individuals |
| Mar 2010 | Funding round | ₹79 Lakh | Investors: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Neeyamo Enterprise Solutions Private Limited has 36 court cases on record: 30 filed by Neeyamo Enterprise Solutions, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 36 | 6 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed against the company by an individual | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against an individual | Disposed |
To see the full case history of Neeyamo Enterprise 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 Neeyamo Enterprise Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Neeyamo Enterprise Solutions has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Neeyamoworks Technologies Private Limited | U72900TN2015PTC129361 | |
| Neeyamo Staffing Services Private Limited | U74999TN2012PTC084408 | |
| Neeyamo BGV Services Private Limited | U74999TN2022PTC152443 |
To see the full group structure of Neeyamo Enterprise Solutions Private Limited, buy the company report.
Employees & EPFO
Neeyamo Enterprise Solutions Private Limited has a workforce of 544 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Neeyamo Enterprise Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN9520B1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neeyamo Enterprise Solutions Private Limited, buy the company report.
Recent activity
Neeyamo Enterprise Solutions Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ram Kishor Gupta ceased to be Director on 31 Mar 2024.
1 earlier event is in the company report.
News
Frequently asked questions
Neeyamo Enterprise 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 10 February 2009 (17+ years old) and is registered under CIN U72200TN2009PTC070707.
Neeyamo Enterprise Solutions has 2 current directors:
- Ashok Shankar Bildikar - Director
- Rangarajan Seshadri - Director
The latest financial statements of Neeyamo Enterprise Solutions 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 Neeyamo Enterprise Solutions is 33AACCN9520B1ZX, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Neeyamo Enterprise Solutions is U72200TN2009PTC070707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neeyamo Enterprise Solutions has 36 court cases on record: 30 filed by the company and 6 filed against it.
Neeyamo Enterprise Solutions was incorporated on 10 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Neeyamo Enterprise Solutions has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.39 Cr; the latest was in May 2012.
The peers of Neeyamo Enterprise Solutions by revenue are Randstad Enterprise Private Limited, Adroit Global Personnel Services Private Limited, Korn /Ferry International Private Limited, H1 HR Solutions Private Limited, Tata Steel Technical Services Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Ram Kishor Gupta ceased to be Director on 31 Mar 2024. Richard Hugh Jones ceased to be Director on 31 Mar 2024. Ashok Bildikar ceased to be Additional Director on 09 Aug 2010. Neeyamo Enterprise Solutions has 8 board changes on record in total.
Neeyamo Enterprise Solutions can be reached through the website neeyamo.com. Its registered office is in Chennai, Tamil Nadu, India.
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