
About Procure HR Services Private Limited
Data last updated:
Procure HR Services Private Limited is a private limited company based in South, Haryana, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2017PTC068803. Its GSTIN is 06AAJCP1605L1ZE (Haryana).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Amit Kumar Bhargava and Jagrati Bhargava.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at G106A First Floor G Block, South, Haryana, India – 122018.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 1%) and EBITDA of ₹4.57 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 39% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Procure HR. As per MCA filings, the company has open charges of ₹24.5 Lakh on record.
Procure HR Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0031546). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website procurehr.in.
Company details
Recognitions & Rankings of Procure HR Services
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0031546
Contact details
Procure HR Services Private Limited's registered office is in South, Haryana. Its website is procurehr.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG106A First Floor G Block, South, Haryana, India – 122018
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Procure 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
Brands
Procure HR Services operates one associated brand: Procure HR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides HR outsourcing, payroll, recruitment, and IT services in India. | procurehr.in |
Business activity
The main business activity of Procure 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 Procure HR Services Private Limited, buy the company report.
Financials of Procure HR Services Private Limited
FY 2025 filings availableProcure HR Services Private Limited reported revenue of ₹1.31 Cr (down 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 23% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹4.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.3 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 1% | ||||
| 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 Procure HR Services Private Limited, buy the company report.
Board of directors of Procure HR Services Private Limited
Procure HR Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Bhargava | Director | 27 Apr 2017 | 9 Years 5 Months | Current |
| Jagrati Bhargava | Director | 27 Apr 2017 | 9 Years 5 Months | Current |
Peer comparison
Procure HR Services Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| O/E/N Electrocom Private Limited | ₹1.31 Cr (FY 2025) | 7.0% | Ernakulam, Kerala, India | |||
| Jobpoint Recruiters Private Limited | ₹1.31 Cr (FY 2023) | 169.0% | Chandigarh, India | |||
| Process Tech Management Consultants Private Limited | ₹1.31 Cr (FY 2024) | -78.0% | Delhi, India | |||
| Dzire Corporate Services Private Limited | ₹1.31 Cr (FY 2024) | -16.0% | Gurgaon, Haryana, India | |||
| Procure HR Services Private Limitedthis company | ₹1.31 Cr (FY 2024) | ₹1.3 Lakh | 1% | -23.0% | 18 | South, Haryana, India |
To see the full peer comparison of Procure HR Services Private Limited, buy the company report.
Auditor
Procure HR Services Private Limited is audited by AGRAWAL & DHOOT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL & DHOOT | FY 2023 | 014804C |
Shareholding
The shareholding of Procure HR Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Procure HR Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2024 | 100988164 | Others | ₹24.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Procure HR 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 Procure HR Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Procure HR Services Private Limited has a workforce of 18 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Procure HR Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCP1605L1ZE | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Procure HR Services Private Limited, buy the company report.
Recent activity
Procure HR Services Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Kirti Aggarwal ceased to be Additional Director on 31 May 2022.
Frequently asked questions
Procure HR Services is an active private limited company based in South, Haryana, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 April 2017 (9+ years old) and is registered under CIN U74999HR2017PTC068803.
Procure HR Services has 2 current directors:
- Amit Kumar Bhargava - Director
- Jagrati Bhargava - Director
The latest financial statements of Procure HR Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Procure HR Services is 06AAJCP1605L1ZE, registered in Haryana.
The CIN (Corporate Identification Number) of Procure HR Services is U74999HR2017PTC068803. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Procure HR Services was incorporated on 27 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Procure HR Services by revenue are O/E/N Electrocom Private Limited, Jobpoint Recruiters Private Limited, Process Tech Management Consultants Private Limited, Dzire Corporate Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Kirti Aggarwal ceased to be Additional Director on 31 May 2022. Shorabh Aggarwal ceased to be Additional Director on 31 May 2022. Kirti Aggarwal was appointed as Additional Director on 25 Jan 2021. Procure HR Services has 8 board changes on record in total.
Yes, Procure HR Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Procure HR Services is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0031546).
Procure HR Services can be reached through the website procurehr.in. Its registered office is in South, Haryana, India.