Neeyamoworks Technologies Private Limited

Neeyamoworks Technologies Private Limited - business outsourcing in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72900TN2015PTC129361 Incorporated 11 December 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Merged Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹9.78 Cr
▲ 40.94% YoY
Net profit · FY 2024
₹24.38 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹4.54 Cr
EBITDA margin 46.4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
181
Provident fund records
Directors on board
2
As per MCA filings

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.

The last known website on record is neeyamo.com.

Company details

CIN U72900TN2015PTC129361
Registration Number 129361
Incorporation Date 11 December 2015
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Neeyamo Enterprise Solutions Private Limited
Compliance Status Active Compliant

CIN history

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.

CINStatus
U72900TN2015PTC129361Current
U72900PN2015PTC157544Previous

Contact details

Neeyamoworks Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is neeyamo.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Block No.A (Module 4) 5th Floor Sp Infocity No.40 Mgr Salai Perungudi Kandanchava, Di, Chennai, Tamil Nadu, India – 600096
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management, Business Process Outsourcing

To see the full contact details of Neeyamoworks Technologies Private Limited, buy the company report.

Comprehensive company report
Neeyamoworks Technologies 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
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Brands

Neeyamoworks Technologies operates one associated brand: Neeyamo. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers integrated HR helpdesk services for businesses.neeyamo.com

Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Neeyamoworks Technologies Private Limited, buy the company report.

Financials of Neeyamoworks Technologies Private Limited

FY 2024 filings available

Neeyamoworks Technologies Private Limited reported revenue of ₹9.78 Cr for FY 2024.

Revenue · FY 2024
₹9.78 Cr
Net profit · FY 2024
₹24.38 Lakh margin 2.5%
EBITDA · FY 2024
₹4.54 Cr margin 46.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 6%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 41%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin46.4%
Net Profit Margin2.5%
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

To see the full financial statements and ratios of Neeyamoworks Technologies Private Limited, buy the company report.

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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rangarajan SeshadriDirector11 Dec 201510 Years 10 MonthsAs last reported
Ashok BildikarDirector11 Dec 201510 Years 10 MonthsAs last reported

Auditor

Neeyamoworks Technologies Private Limited is audited by AGARWAL VISHWANATH & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
AGARWAL VISHWANATH & ASSOCIATESFY 2021323024E

Shareholding

The shareholding of Neeyamoworks Technologies 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 categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Neeyamoworks Technologies Private Limited, buy the company report.

Deals & funding

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.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹9.99 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Dec 2021Funding round₹9.99 CrInvestors: Neeyamo Enterprise Solutions Private Limited
Feb 2016Secondary share transferUndisclosedBuyer: Neeyamo Enterprise Solutions Private Limited , Neeyamo Enterprise Solutions Private Limited & Ashok Bildikar
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Neeyamoworks Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Neeyamoworks Technologies Private Limited has a workforce of 181 employees on its EPFO records as of Mar 22, 2024, across 2 active EPFO establishments.

Employee count
181
Active EPFO establishments
2
Employee growth
-3.72%

GST

Neeyamoworks Technologies has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
33AAECE1392C1Z4Tamil NaduActive01 Mar 2020
33AAECE1392C2Z3Tamil NaduActive21 Jul 2020
27AAECE1392C1ZXMaharashtraActive01 Jul 2017
27AAECE1392C2ZWMaharashtraActive09 Mar 2020

To see the full GST registrations and return filing status of Neeyamoworks Technologies Private Limited, buy the company report.

Recent activity

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.

AGM
Neeyamoworks Technologies Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Filing
Neeyamoworks Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Ram Kishor Gupta ceased to be Director.
Ceased
Yegnaswamy Yegna Narayanan ceased to be Ceo(Kmp).
Appointed
Ashok Bildikar was appointed as Director.
Appointed
Rangarajan Seshadri was appointed as Director.
Incorporation
11 Dec 2015
Neeyamoworks Technologies Private Limited was registered on 11 Dec 2015 with Roc Chennai & aged 10 years 10 months as per MCA records.

Frequently asked questions

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:

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.

The latest financial statements of Neeyamoworks Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2016 are in the company report.

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).

Neeyamoworks Technologies operated in the business outsourcing industry, in the HR outsourcing and talent management segment.