About Pyramids Staffing Solutions Private Limited
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Pyramids Staffing Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 30 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB2008PTC131560. Its GSTIN is 19AAECP9094N2ZG (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Devashish Malakar and Hamanta Chetyal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2019, the company reported a revenue of ₹93.82 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹6.18 Lakh (net margin -6.6%) and EBITDA of -₹6.14 Lakh (EBITDA margin -6.5%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 13% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹99.5 Lakh on record. Court records list 21 cases involving the company, including 2 filed by the company and 19 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website pyramidsconsultants.com.
Company details
Contact details
Pyramids Staffing Solutions Private Limited's registered office is in Kolkata, West Bengal. Its website is pyramidsconsultants.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address48/32 Purna Chandra Mitra Lane 1st Floor Near Shankarnath Dialysis Centre Rabind, Ra Sarobar, Kolkata, West Bengal, India – 700033
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Pyramids Staffing Solutions 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 Pyramids Staffing Solutions 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 Pyramids Staffing Solutions Private Limited, buy the company report.
Financials of Pyramids Staffing Solutions Private Limited
FY 2019 filings availablePyramids Staffing Solutions Private Limited reported revenue of ₹93.82 Lakh (down 74% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 74% fall in the latest year. EBITDA rose 96% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹93.82 Lakh | ||||
| Other Income | |||||
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| EBITDA | -₹6.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.5% | ||||
| Net Profit Margin | -6.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pyramids Staffing Solutions Private Limited, buy the company report.
Board of directors of Pyramids Staffing Solutions Private Limited
Pyramids Staffing Solutions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devashish Malakar Also directs: Northeast Mining Private Limited, Pyramids Fashions Private Limited, Black Diamond Mining Private Limited and 1 more | Director | 24 Apr 2016 | 10 Years 6 Months | Current |
| Hamanta Chetyal | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
| Dipankar Malakar | Director | 24 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Pyramids Staffing Solutions Private Limited is audited by J GUPTA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J GUPTA & CO | FY 2017 | 314010E |
Shareholding
The shareholding of Pyramids Staffing Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pyramids Staffing Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2017 | 100136522 | Others | ₹60 Lakh | Open | |
| 19 Jun 2015 | 100023948 | Others | ₹39.5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Pyramids Staffing Solutions Private Limited has 21 court cases on record: 2 filed by Pyramids Staffing Solutions, 19 filed against it. 1 case is pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 1 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Icici Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Limited | Disposed |
| High Court | Court case (EC-COM) | Filed against the company by Kotak Mahindra Bank Limited Sinha and Co. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by Bajaj Finance Ltd | Disposed |
To see the full case history of Pyramids Staffing Solutions 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 Pyramids Staffing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pyramids Staffing Solutions Private Limited has a workforce of 8 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Pyramids Staffing Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECP9094N2ZG | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pyramids Staffing Solutions Private Limited, buy the company report.
Recent activity
Pyramids Staffing Solutions Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Kala Chand Malakar ceased to be Director on 11 Sep 2020.
3 earlier events are in the company report.
Frequently asked questions
Pyramids Staffing Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 30 December 2008 (18+ years old) and is registered under CIN U74140WB2008PTC131560.
Pyramids Staffing Solutions has 3 current directors:
- Devashish Malakar - Director
- Hamanta Chetyal - Director
- Dipankar Malakar - Director
The latest financial statements of Pyramids Staffing Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Pyramids Staffing Solutions is 19AAECP9094N2ZG, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pyramids Staffing Solutions is U74140WB2008PTC131560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pyramids Staffing Solutions has 21 court cases on record: 2 filed by the company and 19 filed against it. 1 is pending. Most are in the district courts.
Pyramids Staffing Solutions was incorporated on 30 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Kala Chand Malakar ceased to be Director on 11 Sep 2020. Hamanta Chetyal was appointed as Director on 10 Sep 2020. Bablu Das ceased to be Director on 24 Apr 2016. Pyramids Staffing Solutions has 10 board changes on record in total.
Pyramids Staffing Solutions can be reached through the website pyramidsconsultants.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Pyramids Staffing Solutions is at 4832 Purna Chandra Mitra Lane 1st Floor Near Shankarnath Dialysis Centre Rabind, Ra Sarobar, Kolkata, West Bengal, India – 700033.