About Nestor HR Services Private Limited
Data last updated:
Nestor HR Services Private Limited is a private limited company based in Faridabad, Haryana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 07 June 2005.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U00898HR2005PTC035762. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Harman Jit Singh (Irp/Rp/Liquidator) and Madhu Sharma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at SCO – 18 2nd Floor Sector – 16, Faridabad, Haryana, India – 121003.
As per the financials filed for FY 2018, the company reported a revenue of ₹7.35 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹17.43 Lakh (net margin 2.4%) and EBITDA of ₹23.82 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 247 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 2 cases are pending.
The last known website on record is nestor.in.
Company details
Contact details
Nestor HR Services Private Limited's registered office is in Faridabad, Haryana. Its website is nestor.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSCO – 18 2nd Floor Sector – 16, Faridabad, Haryana, India – 121003
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Nestor HR Services 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
Business activity
The main business activity of Nestor HR Services 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 Nestor HR Services Private Limited, buy the company report.
Financials of Nestor HR Services Private Limited
FY 2018 filings availableNestor HR Services Private Limited reported revenue of ₹7.35 Cr (up 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 21% growth in the latest year. EBITDA rose 181% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹7.35 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹23.82 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.43 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | 2.4% | |||
| 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 Nestor HR Services Private Limited, buy the company report.
Board of directors of Nestor HR Services Private Limited
Nestor HR Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harman Jit Singh Also directs: SVG Professionals LLP | Irp/Rp/Liquidator | 03 Mar 2023 | 3 Years 8 Months | As last reported |
| Madhu Sharma | Director | 17 Jun 2005 | 21 Years 4 Months | As last reported |
| Rajesh Kumar Sharma | Director | 17 Jun 2005 | 21 Years 4 Months | As last reported |
Peer comparison
Nestor HR Services Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Kore1 Manpower Solution Private Limited | ₹7.37 Cr (FY 2025) | 21.0% | Secunderabad, Telangana, India | |||
| H&B HR Solutions Private Limited | ₹7.36 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Nestor HR Services Private Limitedthis company | ₹7.35 Cr (FY 2018) | ₹17.43 Lakh | 2.4% | 21.0% | 247 | Faridabad, Haryana, India |
| Pestica Labour Services Private Limited | ₹7.34 Cr (FY 2022) | 13.0% | Pune, Maharashtra, India |
To see the full peer comparison of Nestor HR Services Private Limited, buy the company report.
Auditor
Nestor HR Services Private Limited is audited by S VIRMANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S VIRMANI & ASSOCIATES | FY 2018 | 026231N |
Shareholding
The shareholding of Nestor HR Services Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nestor HR Services Private Limited, buy the company report.
Legal cases
Nestor HR Services Private Limited has 8 court cases on record: 1 filed by Nestor HR Services, 7 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by HDFC Bank Ltd. | Pending |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Icici Bank Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Lendingkart Finance Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by United Petro Finance Ltd. | Pending |
To see the full case history of Nestor HR Services 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 Nestor HR Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nestor HR Services Private Limited has a workforce of 247 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Nestor HR Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nestor HR Services Private Limited, buy the company report.
Recent activity
Nestor HR Services Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Harman Jit Singh was appointed as Irp/Rp/Liquidator on 03 Mar 2023.
Frequently asked questions
Nestor HR Services is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Nestor HR Services is a company under liquidation, formerly operating as a private limited company based in Faridabad, Haryana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 07 June 2005 and is registered under CIN U00898HR2005PTC035762. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nestor HR Services has 3 current directors:
- Madhu Sharma - Director
- Rajesh Kumar Sharma - Director
- Harman Jit Singh - Irp/Rp/Liquidator
The latest financial statements of Nestor HR Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nestor HR Services is U00898HR2005PTC035762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nestor HR Services has 8 court cases on record: 1 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Nestor HR Services was incorporated on 07 June 2005. It is registered with the Registrar of Companies, Delhi.
The peers of Nestor HR Services by revenue are Kore1 Manpower Solution Private Limited, H&B HR Solutions Private Limited, Pestica Labour Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Harman Jit Singh was appointed as Irp/Rp/Liquidator on 03 Mar 2023. Madhu Sharma was appointed as Director on 17 Jun 2005. Rajesh Kumar Sharma was appointed as Director on 17 Jun 2005.
Nestor HR Services can be reached through the website nestor.in. Its registered office is in Faridabad, Haryana, India.
The registered office of Nestor HR Services is at SCO – 18 2nd Floor Sector – 16, Faridabad, Haryana, India – 121003.
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