About Ramya Outsourcing Solutions Private Limited
Data last updated:
Ramya Outsourcing Solutions Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 02 January 2012.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2012PTC083851. Its GSTIN is 33AAFCR8315M1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Duraikannu Venkatesan and Mohan Magesh.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.13 Santhosh Nagar Pattunoolchathiram, Sriperumbudur, Tamil Nadu, India – 602105.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.72 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 0.2%) and EBITDA of ₹29.79 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 1% over five years.
The company has about 406 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹10 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The last known website on record is ramyaoutsourcing.in.
Company details
Contact details
Ramya Outsourcing Solutions Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is ramyaoutsourcing.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.13 Santhosh Nagar Pattunoolchathiram, Sriperumbudur, Tamil Nadu, India – 602105
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ramya Outsourcing 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 Ramya Outsourcing 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 Ramya Outsourcing Solutions Private Limited, buy the company report.
Financials of Ramya Outsourcing Solutions Private Limited
FY 2022 filings availableRamya Outsourcing Solutions Private Limited reported revenue of ₹15.72 Cr (down 6% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 22% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15.72 Cr | ||||
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| EBITDA | ₹29.79 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Ramya Outsourcing Solutions Private Limited, buy the company report.
Board of directors of Ramya Outsourcing Solutions Private Limited
Ramya Outsourcing Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duraikannu Venkatesan | Director | 02 Jan 2012 | 14 Years 9 Months | As last reported |
| Mohan Magesh | Director | 14 May 2021 | 5 Years 5 Months | As last reported |
| Thamodharan | Irp/Rp/Liquidator | 27 Sep 2024 | 2 Years 1 Months | As last reported |
Peer comparison
Ramya Outsourcing Solutions Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Brainsitter India Private Limited | ₹15.81 Cr (FY 2025) | 202.0% | Pune, Maharashtra, India | |||
| Accord212 Human Resource Solutions Private Limited | ₹15.73 Cr (FY 2024) | 58.0% | Bangalore, Karnataka, India | |||
| Ramya Outsourcing Solutions Private Limitedthis company | ₹15.72 Cr (FY 2022) | ₹3.4 Lakh | 0.2% | -6.0% | 406 | Sriperumbudur, Tamil Nadu, India |
| Hyper HR Nucleus Solutions Private Limited | ₹15.72 Cr (FY 2018) | -14.0% | Faridabad, Haryana, India | |||
| Jky Management Solution Limited | ₹15.7 Cr (FY 2025) | 3.0% | Filkhana, Uttar Pradesh, India | |||
| Peoplesquare Human Resource Consulting Private Limited | ₹15.68 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ramya Outsourcing Solutions Private Limited, buy the company report.
Auditor
Ramya Outsourcing Solutions Private Limited is audited by SUJA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUJA & CO | FY 2022 | 004183S |
Shareholding
The shareholding of Ramya Outsourcing Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ramya Outsourcing Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2016 | 100025009 | Lakshmi Vilas Bank Limited | ₹80 Lakh | Open | |
| 16 Aug 2012 | 10373571 | Tamilnad Mercantile Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Ramya Outsourcing Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ramya Outsourcing Solutions Private Limited has 3 court cases on record: 1 filed by Ramya Outsourcing Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed against the company by an individual | Disposed |
| NCLT, Chennai | Company petition | Filed by the company against individuals | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Ramya Outsourcing 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 Ramya Outsourcing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ramya Outsourcing Solutions Private Limited has a workforce of 406 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Ramya Outsourcing Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR8315M1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ramya Outsourcing Solutions Private Limited, buy the company report.
Recent activity
Ramya Outsourcing Solutions Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Thamodharan was appointed as Irp/Rp/Liquidator on 27 Sep 2024.
Frequently asked questions
Ramya Outsourcing Solutions is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Ramya Outsourcing Solutions is a company under insolvency, formerly operating as a private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 02 January 2012 and is registered under CIN U74900TN2012PTC083851. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ramya Outsourcing Solutions has 3 current directors:
- Duraikannu Venkatesan - Director
- Mohan Magesh - Director
- Thamodharan - Irp/Rp/Liquidator
The latest financial statements of Ramya Outsourcing Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ramya Outsourcing Solutions is U74900TN2012PTC083851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ramya Outsourcing Solutions has open charges of ₹80 Lakh and satisfied charges of ₹10 Lakh as per latest MCA filings.
Ramya Outsourcing Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the nclt.
Ramya Outsourcing Solutions was incorporated on 02 January 2012. It is registered with the Registrar of Companies, Chennai.
The peers of Ramya Outsourcing Solutions by revenue are Brainsitter India Private Limited, Accord212 Human Resource Solutions Private Limited, Hyper HR Nucleus Solutions Private Limited, Jky Management Solution Limited, Peoplesquare Human Resource Consulting Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Thamodharan was appointed as Irp/Rp/Liquidator on 27 Sep 2024. Babu Venkatesan Dillibai ceased to be Director on 15 May 2021. Mohan Magesh was appointed as Director on 14 May 2021. Ramya Outsourcing Solutions has 4 board changes on record in total.
Ramya Outsourcing Solutions can be reached through the website ramyaoutsourcing.in. Its registered office is in Sriperumbudur, Tamil Nadu, India.
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