About Neeyamoworks Technologies Private Limited
Data last updated:
Neeyamoworks Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Neeyamo Enterprise Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 11 December 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC129361. Its GSTIN is 33AAECE1392C1Z4 (Tamil Nadu). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Ennovationtree Technologies Private Limited. It was led by directors Rangarajan Seshadri and Ashok Bildikar.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.78 Cr. For the same year it recorded a net profit of ₹24.38 Lakh (net margin 2.5%) and EBITDA of ₹4.54 Cr (EBITDA margin 46.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 21% over five years.
The company had about 181 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Neeyamo. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in December 2021. Its 10 peer companies in the Outsourcing industry (Diversified BPO, HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Shanthu Employment Private Limited with revenue of ₹9.82 Cr.
The last known website on record is neeyamo.com.
CIN History of Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies has one previous CIN (Corporate Identification Number): U72900PN2015PTC157544. The current CIN is U72900TN2015PTC129361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TN2015PTC129361 | Current |
| U72900PN2015PTC157544 | Previous |
- EmailLocked
- TelephoneLocked
- 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, Business Process Outsourcing
- 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
Associated Brands with Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies 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 of Neeyamoworks Technologies Private Limited
The main business activity of Neeyamoworks Technologies is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | 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 Neeyamoworks Technologies Private Limited FY 2024 filings available
Neeyamoworks Technologies Private Limited reported revenue of ₹9.78 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neeyamoworks Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years. EBITDA rose 4% 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 of Neeyamoworks Technologies 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 | ₹4.54 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.38 Lakh | •••• | •••• | •••• | •••• |
| 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 Neeyamoworks Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 Neeyamoworks Technologies are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangarajan Seshadri | Director | 11 Dec 2015 | 10 Years 10 Months | As last reported |
| Ashok Bildikar | Director | 11 Dec 2015 | 10 Years 10 Months | As last reported |
Peer Comparison of Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanthu Employment Private Limited | ₹9.82 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Mysore, Karnataka, India |
| Skgi Consultancy Private Limited | ₹9.81 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| DMC Hospitality Services Private Limited | ₹9.81 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Wize-Men HR Services Private Limited | ₹9.8 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Avhad Enterprises Private Limited | ₹9.8 Cr (FY 2025) | •••• | •••• | 3718.0% | •••• | Nashik, Maharashtra, India |
| Neeyamoworks Technologies Private Limited this company | ₹9.78 Cr (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Nedu Technologies Private Limited | ₹9.78 Cr (FY 2023) | •••• | •••• | -73.0% | •••• | Bengaluru, Karnataka, India |
| Proarcus Facility Management India Private Limited | ₹9.76 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Nashikroad, Maharashtra, India |
| V4 Info Private Limited | ₹9.76 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Diesel On Tech Private Limited | ₹9.76 Cr (FY 2024) | •••• | •••• | 98.0% | •••• | Pune, Maharashtra, India |
| Raj Office Solutions Private Limited | ₹9.75 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Neeyamoworks Technologies by revenue in the Outsourcing industry (Diversified BPO, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies Private Limited is audited by AGARWAL VISHWANATH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL VISHWANATH & 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.
Ownership and Shareholding of Neeyamoworks Technologies 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 Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in December 2021.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹9.99 Cr | Investors: Neeyamo Enterprise Solutions Private Limited |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Neeyamo Enterprise Solutions Private Limited , Neeyamo Enterprise Solutions Private Limited & Ashok Bildikar Seller: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies Private Limited has a workforce of 181 employees as of Mar 22, 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.
Recent Activity on Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Ram Kishor Gupta ceased to be Director on 28 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Neeyamoworks Technologies 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 Neeyamoworks Technologies 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 Neeyamoworks Technologies 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 Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECE1392C1Z4 | Tamil Nadu | Active | 01 Mar 2020 |
| 33AAECE1392C2Z3 | Tamil Nadu | Active | 21 Jul 2020 |
| 27AAECE1392C1ZX | Maharashtra | Active | 01 Jul 2017 |
| 27AAECE1392C2ZW | Maharashtra | Active | 09 Mar 2020 |
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 Neeyamoworks Technologies 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.
Related news about Neeyamoworks Technologies Private Limited
Frequently Asked Questions about Neeyamoworks Technologies Private Limited
Neeyamoworks Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Neeyamoworks Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 11 December 2015 and is registered under CIN U72900TN2015PTC129361. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Neeyamoworks Technologies was incorporated on 11 December 2015. It is registered with the Registrar of Companies, Chennai.
Neeyamoworks Technologies had 2 directors:
- Rangarajan Seshadri - Director
- Ashok Bildikar - Director
The CIN (Corporate Identification Number) of Neeyamoworks Technologies is U72900TN2015PTC129361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Neeyamoworks Technologies is at Block No.A Module 4 5th Floor Sp Infocity No.40 Mgr Salai Perungudi Kandanchava, Di, Chennai, Tamil Nadu, India – 600096.
Neeyamoworks Technologies can be reached through the website neeyamo.com. Its registered office is in Chennai, Tamil Nadu, India.
Neeyamoworks Technologies reported revenue of ₹9.78 Cr for FY 2024.
Neeyamoworks Technologies has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr.
Neeyamoworks Technologies reported a net profit of ₹24.38 Lakh (net margin 2.5%) and EBITDA of ₹4.54 Cr (EBITDA margin 46.4%) for FY 2024, as per its filed financial statements.
The GSTIN of Neeyamoworks Technologies is 33AAECE1392C1Z4, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 33AAECE1392C2Z3 (Tamil Nadu), 27AAECE1392C1ZX (Maharashtra), 27AAECE1392C2ZW (Maharashtra).