MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0013562
Promise Manpower Services Limited - business outsourcing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.54 Cr
▲ 13% YoY
Net profit · FY 2024
₹44.36 Lakh
Net margin 3.8%
EBITDA · FY 2024
₹74.1 Lakh
EBITDA margin 6.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹3.17 Lakh
Issued & subscribed
Open charges
₹3.78 Cr
Satisfied ₹40 Lakh
Company age
14 yrs
Est. 2012
Employees · EPFO
245
Provident fund records
About Promise Manpower Services Limited
Data last updated:
Promise Manpower Services Limited is a public limited company based in New Delhi, Delhi, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 13 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2012PLC231441. Its GSTIN is 07AAGCP4495B1ZE (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.17 Lakh. It was formerly known as Promise Manpower Services Private Limited. It is led by directors including Keerti Sharma and Sunil Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – 1 2nd Floor Masoodpur Dairy Farm Vasnat Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.54 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹44.36 Lakh (net margin 3.8%) and EBITDA of ₹74.1 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 2% over five years.
The company has about 245 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.78 Cr and satisfied charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Promise Manpower Services Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0013562). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promisemanpower.com.
Company details
CIN U74140DL2012PLC231441
Registration Number 231441
Incorporation Date 13 February 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0013562
CIN history
Promise Manpower Services has one previous CIN (Corporate Identification Number): U74140DL2012PTC231441. The current CIN is U74140DL2012PLC231441, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140DL2012PLC231441 | Current |
| U74140DL2012PTC231441 | Previous |
Recognitions & Rankings of Promise Manpower Services
Contact details
Promise Manpower Services Limited's registered office is in New Delhi, Delhi. Its website is promisemanpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 1 2nd Floor Masoodpur Dairy Farm Vasnat Kunj, New Delhi, Delhi, India – 110070
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Promise Manpower Services Limited, buy the company report.
Comprehensive company report
Promise Manpower Services Limited - one report that includes everything
- 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
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Business activity
The main business activity of Promise Manpower 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 Promise Manpower Services Limited, buy the company report.
Financials of Promise Manpower Services Limited
FY 2024 filings availablePromise Manpower Services Limited reported revenue of ₹11.54 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹11.54 Cr ▲ 13%
Net profit · FY 2024
₹44.36 Lakh margin 3.8%
EBITDA · FY 2024
₹74.1 Lakh margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 21%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 9%
5 years · compounded
▼ 11%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 13% growth in the latest year. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹74.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.36 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Promise Manpower Services Limited, buy the company report.
Board of directors of Promise Manpower Services Limited
Promise Manpower Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keerti Sharma | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Sunil Kumar Sharma | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Seema Sharma Also directs: Warlord Aviation Private Limited, Politricks Private Limited | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Promise Manpower Services Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Manpower Services), 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 |
|---|---|---|---|---|---|---|
| Promise Manpower Services Limitedthis company | ₹11.54 Cr (FY 2024) | ₹44.36 Lakh | 3.8% | 13.0% | 245 | New Delhi, Delhi, India |
| Triumph Systems and Solutions Private Limited | ₹11.53 Cr (FY 2025) | 46.0% | Mumbai, Maharashtra, India | |||
| Shree Shyam Enterprises Management Private Limited | ₹11.52 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Eastern Pacific Shipping (India) Private Limited | ₹11.5 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Promise Manpower Services Limited, buy the company report.
Auditor
Promise Manpower Services Limited is audited by KUNDAN JHA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUNDAN JHA & COMPANY | FY 2023 | 541323 |
Shareholding
The shareholding of Promise Manpower Services 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 Promise Manpower Services Limited, buy the company report.
Charges & borrowings
Open charges
₹3.78 Cr
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2023 | 100882671 | Hdfc Bank Limited | ₹9.99 Lakh | Open | |
| 01 Aug 2023 | 100777349 | Others | ₹2 Cr | Open | |
| 20 May 2022 | 100602145 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 20 Jan 2018 | 100154805 | Others | ₹68 Lakh | Open | |
| 22 Jul 2016 | 100079937 | Others | ₹40 Lakh | Satisfied |
To see the full charge records of Promise Manpower Services Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Promise Manpower Services Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (Succ. Court) | Filed against the company by an individual | Disposed |
To see the full case history of Promise Manpower Services 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 Promise Manpower Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Promise Manpower Services Limited has a workforce of 245 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
245
Active EPFO establishments
1
Employee growth
-4.67%
GST
Promise Manpower Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCP4495B1ZE | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Promise Manpower Services Limited, buy the company report.
Recent activity
Promise Manpower Services Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Asha Devi ceased to be Director on 10 Dec 2019.
AGM
Promise Manpower Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Promise Manpower Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.99 Lakh with Charge ID 100882671 was registered on 20 Dec 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100777349 was registered on 01 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100602145 was registered on 20 May 2022.
Charges
A charge registered on 22 Jul 2016 via Charge ID 100079937 with Others was fully satisfied on 31 Aug 2020.
Charges
A charge with Others of Rs. 68.00 Lakh registered on 20 Jan 2018 with Charge ID 100154805 was modified on 02 Jul 2020.
Ceased
Asha Devi ceased to be Director.
Ceased
Naveen Kumar ceased to be Director.
Ceased
Pravin Kumar ceased to be Director.
Appointed
Keerti Sharma was appointed as Director.
Appointed
Seema Sharma was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Promise Manpower Services is an active public limited company based in New Delhi, Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 13 February 2012 (14+ years old) and is registered under CIN U74140DL2012PLC231441.
Promise Manpower Services has 3 current directors:
- Keerti Sharma - Director
- Sunil Kumar Sharma - Director
- Seema Sharma - Director
The latest financial statements of Promise Manpower Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Promise Manpower Services is 07AAGCP4495B1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Promise Manpower Services is U74140DL2012PLC231441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promise Manpower Services has 1 court case on record: 1 filed against it.
Promise Manpower Services was incorporated on 13 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Promise Manpower Services by revenue are Triumph Systems and Solutions Private Limited, Shree Shyam Enterprises Management Private Limited, Eastern Pacific Shipping (India) Private Limited, all in the Outsourcing industry (HR Outsourcing, Manpower Services), with the same principal business activity (placement agencies and hr management services).
Asha Devi ceased to be Director on 10 Dec 2019. Naveen Kumar ceased to be Director on 10 Dec 2019. Pravin Kumar ceased to be Director on 10 Dec 2019. Promise Manpower Services has 6 board changes on record in total.
Yes, Promise Manpower Services is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0013562).
Promise Manpower Services can be reached through the website promisemanpower.com. Its registered office is in New Delhi, Delhi, India.
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