Procurestaff India Private Limited
About Procurestaff India Private Limited
Data last updated:
Procurestaff India Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Volt Asia Enterprises Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the placement services segment of the professional services sector. It was incorporated on 08 June 2007.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2007PTC164561.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Surya Narayana Murty Katakam and Kevin Daniel Hannon.
Its last annual general meeting (AGM) was held on 22 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at M – 4 Ground & Level – 1 South Extension Part – 2, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.05 Lakh, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹6.53 Lakh (net margin 65%) and EBITDA of ₹8.76 Lakh (EBITDA margin 87.2%).
Company details
Contact details
Procurestaff India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 4 Ground & Level – 1 South Extension Part – 2, New Delhi, Delhi, India – 110049
- IndustryProfessional Services, Placement Services, Human Resources
To see the full contact details of Procurestaff 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
Business activity
The main business activity of Procurestaff India 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 |
Financials of Procurestaff India Private Limited
FY 2017 filings availableProcurestaff India Private Limited reported revenue of ₹10.05 Lakh (up 55% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 55% in the latest year. EBITDA rose 408% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10.05 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.76 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.53 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 87.2% | ||
| Net Profit Margin | 65% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Procurestaff India Private Limited, buy the company report.
Board of directors of Procurestaff India Private Limited
Procurestaff India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surya Narayana Murty Katakam | Director | 27 Mar 2017 | 9 Years 6 Months | As last reported |
| Kevin Daniel Hannon | Director | 27 Mar 2017 | 9 Years 6 Months | As last reported |
Peer comparison
Procurestaff India Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Darsia (OPC) Private Limited | ₹10.11 Lakh (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| CNH Business Consultants Private Limited | ₹10.08 Lakh (FY 2025) | -51.0% | Ghaziabad, Uttar Pradesh, India | |||
| Ritepick HR Solutions Private Limited | ₹10.07 Lakh (FY 2025) | -25.0% | Chennai, Tamil Nadu, India | |||
| Villa World Agreegators Private Limited | ₹10.07 Lakh (FY 2019) | -79.0% | Ghaziabad, Uttar Pradesh, India | |||
| Hrfort Manpower Services Private Limited | ₹10.05 Lakh (FY 2024) | -58.0% | Bangalore, Karnataka, India | |||
| Procurestaff India Private Limitedthis company | ₹10.05 Lakh (FY 2017) | ₹6.53 Lakh | 65% | 55.0% | New Delhi, Delhi, India | |
| Aim Employment India Private Limited | ₹10.03 Lakh (FY 2024) | Noida, Uttar Pradesh, India | ||||
| Spandana Infotech India Private Limited | ₹10.01 Lakh (FY 2025) | 285.0% | Bangalore, Karnataka, India | |||
| Lamr HR Consulting Private Limited | ₹10 Lakh (FY 2024) | 7.0% | Bangalore, Karnataka, India | |||
| Apisun Exim Private Limited | ₹10 Lakh (FY 2025) | Secunderabad, Telangana, India | ||||
| Tergum Bim Solutions Private Limited | ₹9.99 Lakh (FY 2024) | Hyderabad, Telangana, India |
To see the full peer comparison of Procurestaff India Private Limited, buy the company report.
Auditor
Procurestaff India Private Limited is audited by DEVAS & VENU for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVAS & VENU | FY 2017 | 014057S |
Shareholding
The shareholding of Procurestaff India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Procurestaff India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Procurestaff India 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 Procurestaff India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Procurestaff India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Procurestaff India Private Limited has 14 board changes on record since 2008: 2 appointments and 12 cessations. The latest: Kevin Daniel Hannon ceased to be Additional Director on 22 Aug 2017.
5 earlier events are in the company report.
Frequently asked questions
Procurestaff India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Procurestaff India was a private limited company based in New Delhi, Delhi, India. The company worked in placement services, within the professional services industry. It was incorporated on 08 June 2007 and is registered under CIN U74140DL2007PTC164561. The company has been struck off by the Registrar of Companies and is no longer operational.
Procurestaff India had 2 directors:
- Surya Narayana Murty Katakam - Director
- Kevin Daniel Hannon - Director
The CIN (Corporate Identification Number) of Procurestaff India is U74140DL2007PTC164561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Procurestaff India is at M – 4 Ground & Level – 1 South Extension Part – 2, New Delhi, Delhi, India – 110049.
Procurestaff India was incorporated on 08 June 2007. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Procurestaff India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 22 August 2017. Year-wise statements from 2015 are in the company report.
Procurestaff India operated in the professional services industry, in the placement services segment. It worked in this industry before it was struck off.
The peers of Procurestaff India by revenue are Darsia (OPC) Private Limited, CNH Business Consultants Private Limited, Ritepick HR Solutions Private Limited, Villa World Agreegators Private Limited, Hrfort Manpower Services Private Limited and 5 more, all in the same principal business activity (placement agencies and hr management services).
Kevin Daniel Hannon ceased to be Additional Director on 22 Aug 2017. Surya Narayana Murty Katakam ceased to be Additional Director on 22 Aug 2017. Bijal Mehta ceased to be Director on 27 Mar 2017. Procurestaff India has 14 board changes on record in total.
Procurestaff India can be reached at its registered office: M – 4 Ground & Level – 1 South Extension Part – 2, New Delhi, Delhi, India – 110049.