MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0098665
Recluta Technologies Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹5.81 Cr
▲ 71% YoY
Net profit · FY 2023
₹36.33 Lakh
Net margin 6.3%
EBITDA · FY 2023
₹39.17 Lakh
EBITDA margin 6.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Satisfied ₹15 Lakh
Company age
10 yrs
Est. 2016
Employees · EPFO
285
Provident fund records
About Recluta Technologies Private Limited
Data last updated:
Recluta Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 22 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC085511. Its GSTIN is 29AAHCR6228B1ZE (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mahendra Reddy and Narendrareddy.
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 No 47 5th Main 5th Cross Vinayaka Layout White Field, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.81 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹36.33 Lakh (net margin 6.3%) and EBITDA of ₹39.17 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 278% over three years and 89% over five years.
The company has about 285 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹15 Lakh on record.
Recluta Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0098665). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reclutatech.com.
Company details
CIN U72200KA2016PTC085511
Registration Number 085511
Incorporation Date 22 January 2016
ROC Bangalore
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-KR-03-0098665
Recognitions & Rankings of Recluta Technologies
Contact details
Recluta Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is reclutatech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 47 5th Main 5th Cross Vinayaka Layout White Field, Bangalore, Karnataka, India – 560066
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Recluta Technologies Private Limited, buy the company report.
Comprehensive company report
Recluta Technologies Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Recluta Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Recluta Technologies Private Limited, buy the company report.
Financials of Recluta Technologies Private Limited
FY 2024 filings availableRecluta Technologies Private Limited reported revenue of ₹5.81 Cr (up 71% YoY) for FY 2023.
Revenue · FY 2023
₹5.81 Cr ▲ 71%
Net profit · FY 2023
₹36.33 Lakh margin 6.3%
EBITDA · FY 2023
₹39.17 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 278%
5 years · compounded
▲ 89%
EBITDA CAGR growth
1 year
▲ 185%
3 years · compounded
▲ 340%
5 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 71% growth in the latest year. EBITDA rose 185% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.81 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹39.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.33 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Recluta Technologies Private Limited, buy the company report.
Board of directors of Recluta Technologies Private Limited
Recluta Technologies 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 |
|---|---|---|---|---|
| Mahendra Reddy | Director | 12 Jul 2016 | 10 Years 3 Months | Current |
| Narendrareddy | Director | 22 Jan 2016 | 10 Years 9 Months | Current |
| Krupamani Lima | Director | 12 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Recluta Technologies Private Limited is audited by Senthil Ganesh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Senthil Ganesh & Associates | FY 2023 | 016307S |
Shareholding
The shareholding of Recluta Technologies Private 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 Recluta Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2024 | 100957295 | Others | ₹10.23 Lakh | Open | |
| 06 Nov 2023 | 100836779 | Others | ₹1 Cr | Open | |
| 15 Oct 2021 | 100498535 | Hdfc Bank Limited | ₹15 Lakh | Satisfied |
To see the full charge records of Recluta Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Recluta Technologies 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 Recluta Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Recluta Technologies Private Limited has a workforce of 285 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
285
Active EPFO establishments
1
Employee growth
14.46%
GST
Recluta Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR6228B1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Recluta Technologies Private Limited, buy the company report.
Recent activity
Recluta Technologies Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Mahaboob Shariff ceased to be Director on 15 Jul 2016.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 06 Nov 2023 with Charge ID 100836779 was modified on 27 Nov 2024.
AGM
Recluta Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.23 Lakh with Charge ID 100957295 was registered on 30 Jul 2024.
Filing
Recluta Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 15 Oct 2021 via Charge ID 100498535 with Hdfc Bank Limited was fully satisfied on 22 Dec 2023.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100836779 was registered on 06 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100498535 was registered on 15 Oct 2021.
Ceased
Mahaboob Shariff ceased to be Director.
Appointed
Krupamani Lima was appointed as Director.
Appointed
Mahendra Reddy was appointed as Director.
Ceased
Harindhar Perumal ceased to be Director.
Ceased
Ranjith Kumar ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
Recluta Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 22 January 2016 (10+ years old) and is registered under CIN U72200KA2016PTC085511.
Recluta Technologies has 3 current directors:
- Mahendra Reddy - Director
- Narendrareddy - Director
- Krupamani Lima - Director
The latest financial statements of Recluta Technologies 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 FY 2016 are in the company report.
The GSTIN of Recluta Technologies is 29AAHCR6228B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Recluta Technologies is U72200KA2016PTC085511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recluta Technologies was incorporated on 22 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahaboob Shariff ceased to be Director on 15 Jul 2016. Krupamani Lima was appointed as Director on 12 Jul 2016. Mahendra Reddy was appointed as Director on 12 Jul 2016. Recluta Technologies has 6 board changes on record in total.
Yes, Recluta Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0098665).
Recluta Technologies can be reached through the website reclutatech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Recluta Technologies is at No 47 5th Main 5th Cross Vinayaka Layout White Field, Bangalore, Karnataka, India – 560066.