About Dayforce India Private Limited
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Dayforce India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Excelity Global Solutions Pte Ltd., Singapore ( Formerly Known As Payfront Technologies Pte Ltd.. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 05 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014FTC077632. Its GSTIN is 29AAHCP9126G1Z3 (Karnataka). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹287.28 Cr. It was formerly known as Payfront Technologies India Private Limited and Ceridian Dayforce India Private Limited. It is led by directors including Sumit Gaur and Sanjiv Kapur.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹209.49 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹24.46 Cr (net margin 11.7%) and EBITDA of ₹62.14 Cr (EBITDA margin 29.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 21% over five years.
The company has about 608 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ceridian and Excelity. As per MCA filings, the company has satisfied charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (3 rights issues, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹100 Cr; the latest was in January 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ceridian.com.
Company details
Name history
Dayforce India has undergone 2 name changes throughout its history. The company was previously known as Payfront Technologies India Private Limited, and Ceridian Dayforce India Private Limited. The current legal name is Dayforce India Private Limited.
| Company Name | Status |
|---|---|
| Dayforce India Private Limited | Current |
| Payfront Technologies India Private Limited | Previous |
| Ceridian Dayforce India Private Limited | Previous |
Contact details
Dayforce India Private Limited's registered office is in Bangalore, Karnataka. Its website is ceridian.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRmz Azure 7th Floor Bellary Road, Next To Godrej Apartments Hebbal Kempapura, Bangalore, Karnataka, India – 560024
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Dayforce India 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
Dayforce India operates two associated brands: Ceridian and Excelity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based human capital management software is provided for enterprises. | ceridian.com | |
| Human resource management solutions are offered by Excelity. | excelityglobal.com |
Business activity
The main business activity of Dayforce India 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 Dayforce India Private Limited, buy the company report.
Financials of Dayforce India Private Limited
FY 2025 filings availableDayforce India Private Limited reported revenue of ₹209.49 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 26% growth in the latest year. EBITDA rose 65% 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 |
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| EBITDA | ₹62.14 Cr | ||||
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| Net Profit (PAT) | ₹24.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 29.7% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of Dayforce India Private Limited, buy the company report.
Board of directors of Dayforce India Private Limited
Dayforce India has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Gaur Also directs: Ascender India Private Limited | Director | 13 Dec 2018 | 7 Years 10 Months | Current |
| Sanjiv Kapur | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Manju Chawla Also directs: Ascender India Private Limited | Director | 09 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Dayforce India Private Limited is audited by BSR & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & CO. LLP | FY 2023 | 101248 W/W- 100022 |
Shareholding
The shareholding of Dayforce India 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 Dayforce India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2017 | 100103687 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Dayforce India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Dayforce India Private Limited has 5 deals on record (3 rights issues, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹100 Cr; the latest was in January 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Dayforce Singapore Pte. Limited Seller: Excelity Global Solutions Pte Limited |
| May 2020 | Rights issue | ₹169.28 Cr | Investors: Excelity Global Solutions Pte Limited |
| Jul 2015 | Rights issue | ₹3 Cr | Investors: Excelity Global Solutions Pte Limited |
| May 2015 | Debt financing | ₹100 Cr | Investors: Everstone Capital Management |
| Mar 2015 | Rights issue | ₹115 Cr | Investors: Excelity Global Solutions Pte Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dayforce India Private Limited has 1 court case on record: 1 filed by Dayforce India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Sodexo India Services Pvt Ltd (Formerly Known As Sodexo Food Solutions (India) Pvt Ltd) and 2 Ors and 2 others | Disposed |
To see the full case history of Dayforce India 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 Dayforce India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dayforce India Private Limited has a workforce of 608 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Dayforce India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP9126G1Z3 | Karnataka | Active | 01 Jul 2017 |
| 09AAHCP9126G1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAHCP9126G1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 33AAHCP9126G1ZE | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dayforce India Private Limited, buy the company report.
Recent activity
Dayforce India Private Limited has 18 board changes on record since 2015: 3 appointments and 15 cessations. The latest: Mehernaz Zubin Dalal ceased to be Additional Director on 30 Jun 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Dayforce India is an active foreign 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 05 December 2014 (12+ years old) and is registered under CIN U74900KA2014FTC077632.
Dayforce India has 3 current directors:
- Sumit Gaur - Director
- Sanjiv Kapur - Director
- Manju Chawla - Director
The latest financial statements of Dayforce India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dayforce India is 29AAHCP9126G1Z3, registered in Karnataka. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAHCP9126G1Z5 (Uttar Pradesh), 27AAHCP9126G1Z7 (Maharashtra), 33AAHCP9126G1ZE (Tamil Nadu).
The CIN (Corporate Identification Number) of Dayforce India is U74900KA2014FTC077632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dayforce India has 1 court case on record: 1 filed by the company.
Dayforce India was incorporated on 05 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Dayforce India has 5 deals on record (3 rights issues, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹100 Cr; the latest was in January 2024.
Mehernaz Zubin Dalal ceased to be Additional Director on 30 Jun 2025. Manju Chawla ceased to be Additional Director on 20 Oct 2020. Manju Chawla was appointed as Director on 09 Jun 2020. Dayforce India has 18 board changes on record in total.
Dayforce India can be reached through the website ceridian.com. Its registered office is in Bangalore, Karnataka, India.
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