Pierian Services Private Limited - Company Profile

It is a business outsourcing private limited company based in Bangalore, Karnataka, India, established in 2002.

2002 Bangalore, Karnataka, India Active

Last Updated: December 22, 2025

About Pierian Services Private Limited

Pierian Services Private Limited, a active private limited company, was established on 27 December 2002 in Bangalore, Karnataka, India. Engaging in accounting and financial analysis within the professional, scientific and technical sector, it holds CIN: U74140KA2002PTC031404. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.61 Cr.

It upholds a compliant status. Employing 1,866 professional, Its leadership includes Manish Aggarwal (Director), Chetan Venugopal (Whole-Time Director), Kanathur Gurunath Narasimhamurthy (Whole-Time Director). Past directors included Manish Aggarwal, Christopher Edwin Knauth, Chetan Venugopal. It holds ₹32.02 Cr open charges and ₹4.39 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at N0.979,1St Floor,19Th Main13Th Cross B.S.K 2Nd Stage Bangalore, Bangalore, Karnataka, 560070.

Company Details

CIN/LLPIN
U74140KA2002PTC031404
Registration Number
031404
Incorporation Date
27 December 2002
Authorized Capital
₹4.00 Cr
Paid-Up Capital
₹3.61 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 4.00 Cr as on 22-12-2025
Paid Up Capital ₹ 3.61 Cr as on 22-12-2025
Company Age 23 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 32.02 Cr as on 22-12-2025
Satisfied Charges ₹ 4.39 Cr as on 22-12-2025
Revenue Growth **** 36.18% (FY 2022)
Profit Growth **** 50.77% (FY 2022)
Ebitda **** 62.65% (FY 2022)
Net Worth 24.50% (FY 2022)
Total Assets **** 31.63% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Pierian Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Pierian Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Manish Aggarwal	Director	06 Apr 2018	Current
Chetan Venugopal	Whole-Time Director	29 Aug 2016	Current
Kanathur Gurunath Narasimhamurthy	Whole-Time Director	29 Aug 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Director	15 Sep 2011	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Additional Director	27 Sep 2012	Past

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Financial Performance of Pierian Services.

Pierian Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.18% increase. The company also saw a substantial improvement in profitability, with a 50.77% increase in profit. The company's net worth Soared by an impressive increase of 24.5%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

36.18%

*******

Revenue from Operations

*******

37.80%

*******

Total Assets

*******

31.63%

*******

Profit or Loss

*******

50.77%

*******

Net Worth

*******

24.50%

*******

EBITDA

*******

62.65%

*******

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What is the Ownership and Shareholding Structure of Pierian Services?

In 2023, Pierian Services had a promoter holding of 85.35% and a public holding of 14.65%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹320,169,950.00

Satisfied Charges

₹43,850,000.00

Charges Breakdown by Lending Institutions

Others : 31.52 Cr
Axis Bank Limited : 0.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Feb 2023	Axis Bank Limited	₹4.97 M	Open
27 Sep 2018	Others	₹31.52 Cr	Open
29 Mar 2012	The Karnataka Bank Limited	₹4.95 M	Satisfied
21 Dec 2010	The Karnataka Bank Limited	₹3.90 M	Satisfied
17 Mar 2005	Others	₹3.50 Cr	Satisfied

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How Many Employees Work at Pierian Services?

Pierian Services has a workforce of 1866 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Pierian Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pierian Services's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Pierian Services

Recent Activity within the Organization

Charges

Progress on A charge with Others of Rs. 31.52 Cr registered on 27 Sep 2018 with Charge ID 100209063 was modified on 17 Oct 2025. was documented.
17 Oct 2025
Annual General Meeting

The activity Pierian Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

The activity Pierian Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
31 Mar 2024
Charges

A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100748623 was registered on 24 Feb 2023. was recorded as a recent event.
24 Feb 2023
Charges

A charge registered on 29 Mar 2012 via Charge ID 10348808 with The Karnataka Bank Limited was fully satisfied on 09 Nov 2018. was recorded as a recent event.
09 Nov 2018
Charges

The activity A charge registered on 17 Mar 2005 via Charge ID 80012098 with Others was fully satisfied on 09 Nov 2018. was completed.
09 Nov 2018

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