About Oyster People Services Private Limited
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Oyster People Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Oyster Hr Inc. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2021PTC148336. Its GSTIN is 29AADCO4847K1ZX (Karnataka).
The company has an authorised share capital of ₹7.39 Lakh and a paid-up capital of ₹10,000. It is led by directors including Rohit Narendra Lohade and Miranda Mitchell Zolot.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Executivecentreindia Pvt Ltd Level7 Mfargreenheart Manyata Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹123.37 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹17.07 Lakh (net margin 0.1%) and EBITDA of ₹29.2 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 140% over three years.
The company has about 390 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Oyster HR.
For more details, the company can be reached via its website oysterhr.com.
Company details
Contact details
Oyster People Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressExecutivecentreindia Pvt Ltd Level7 Mfargreenheart Manyata Tech Park Hebbal Outer Ring Roa, D, Bangalore, Karnataka, India – 560045
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Oyster People 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
Brands
Oyster People Services operates one associated brand: Oyster HR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Oyster HR is recognized for providing global HR and payroll solutions. | oysterhr.com |
Business activity
The main business activity of Oyster People Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Oyster People Services Private Limited, buy the company report.
Financials of Oyster People Services Private Limited
FY 2025 filings availableOyster People Services Private Limited reported revenue of ₹123.37 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 140% over three years, including 22% growth in the latest year. EBITDA fell 47% 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 |
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| EBITDA | ₹29.2 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹17.07 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.2% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Oyster People Services Private Limited, buy the company report.
Board of directors of Oyster People Services Private Limited
Oyster People Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Narendra Lohade Also directs: Trexquant (India) Business Consulting LLP, PSC Biotech India LLP, Giraffe Ventures LLP and 5 more | Director | 10 Jun 2021 | 5 Years 5 Months | Current |
| Miranda Mitchell Zolot | Director | 23 Jul 2021 | 5 Years 3 Months | Current |
| Larissa De Araujo Alvarenga | Director | 04 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Oyster People 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 (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenline Dealmark Private Limited | ₹125.45 Cr (FY 2025) | 31.0% | Paschim Medinipur, West Bengal, India | |||
| Oyster People Services Private Limitedthis company | ₹123.37 Cr (FY 2025) | ₹17.07 Lakh | 0.1% | 22.0% | 390 | Bangalore, Karnataka, India |
| Veeassure Private Limited | ₹122.55 Cr (FY 2025) | 29.0% | Anjar, Gujarat, India | |||
| Sai Manpower Services Private Limited | ₹121.45 Cr (FY 2025) | 16.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Oyster People Services Private Limited, buy the company report.
Auditor
Oyster People Services Private Limited is audited by Sudit K. Parekh & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudit K. Parekh & Co. LLP | FY 2023 | 110512W/W100378 |
Shareholding
The shareholding of Oyster People Services Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Oyster People Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Oyster People Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Oyster People Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oyster People Services Private Limited has a workforce of 390 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 390 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Oyster People Services Private Limited, buy the company report.
GST
Oyster People Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCO4847K1ZX | Karnataka | Active | 18 Sep 2021 |
To see the full GST registrations and return filing status of Oyster People Services Private Limited, buy the company report.
Recent activity
Oyster People Services Private Limited has 9 board changes on record since 2021: 6 appointments and 3 cessations. The latest: Larissa De Araujo Alvarenga was appointed as Director on 04 Sep 2025.
News
Frequently asked questions
Oyster People Services 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 10 June 2021 (5+ years old) and is registered under CIN U74999KA2021PTC148336.
Oyster People Services has 3 current directors:
- Rohit Narendra Lohade - Director
- Miranda Mitchell Zolot - Director
- Larissa De Araujo Alvarenga - Director
The latest financial statements of Oyster People Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Oyster People Services is 29AADCO4847K1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Oyster People Services is U74999KA2021PTC148336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oyster People Services was incorporated on 10 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Oyster People Services by revenue are Greenline Dealmark Private Limited, Veeassure Private Limited, Sai Manpower Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).
Larissa De Araujo Alvarenga was appointed as Director on 04 Sep 2025. Emmanuel Frank Denis Le Blanc ceased to be Director on 12 May 2025. Emmanuel Frank Denis Le Blanc was appointed as Director on 15 Mar 2022. Oyster People Services has 9 board changes on record in total.
Oyster People Services can be reached through the website oysterhr.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Oyster People Services is at Executivecentreindia Pvt Ltd Level7 Mfargreenheart Manyata Tech Park Hebbal Outer Ring Roa, D, Bangalore, Karnataka, India – 560045.
Oyster People Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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