MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0011197
RS HR Team Solutions Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹103.31 Cr
▼ 51% YoY
Net loss · FY 2024
₹59.08 Lakh
Net margin -0.6%
EBITDA · FY 2024
₹3.9 Cr
EBITDA margin 3.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹15.56 Cr
Satisfied ₹11.25 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
2,278
Provident fund records
About RS HR Team Solutions Private Limited
Data last updated:
RS HR Team Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2012PTC233213. Its GSTIN is 27AAFCR9591P1ZB (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors Rajan Suryakant Gupta (Managing Director) and Suryakant Munnilal Gupta.
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 7 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹103.31 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹59.08 Lakh (net margin -0.6%) and EBITDA of ₹3.9 Cr (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 2,278 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.56 Cr and satisfied charges of ₹11.25 Cr on record. Court records list 51 cases involving the company, including 6 filed by the company and 45 filed against it; 6 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in October 2020. Its 4 peer companies in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services) are compared by revenue, 2 larger and 2 smaller; the largest is Meraqui Ventures Private Limited with revenue of ₹104.58 Cr.
RS HR Team Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0011197). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rshrteamsolutions.com.
Company details
CIN U93030MH2012PTC233213
Registration Number 233213
Incorporation Date 10 July 2012
ROC Mumbai
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 Medium
Udyam Registration UDYAM-MH-18-0011197
Recognitions & Rankings of RS HR Team Solutions
Contact details
RS HR Team Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is rshrteamsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address752 5th Floor Building No. 7 Solitaire Corporate Park Chakala Andhe, Ri (E), Mumbai, Maharashtra, India – 400093
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of RS HR Team Solutions Private Limited, buy the company report.
Comprehensive company report
RS HR Team Solutions 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
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Business activity
The main business activity of RS HR Team 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 RS HR Team Solutions Private Limited, buy the company report.
Financials of RS HR Team Solutions Private Limited
FY 2024 filings availableRS HR Team Solutions Private Limited reported revenue of ₹103.31 Cr (down 51% YoY) for FY 2024.
Revenue · FY 2024
₹103.31 Cr ▼ 51%
Net loss · FY 2024
₹59.08 Lakh margin -0.6%
EBITDA · FY 2024
₹3.9 Cr margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 13%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 51% fall in the latest year. EBITDA rose 13% 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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| EBITDA | ₹3.9 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹59.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of RS HR Team Solutions Private Limited, buy the company report.
Board of directors of RS HR Team Solutions Private Limited
RS HR Team Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan Suryakant Gupta | Managing Director | 10 Jul 2012 | 14 Years 3 Months | Current |
| Suryakant Munnilal Gupta Also directs: Quick Xpress Delivery Private Limited | Director | 10 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
RS HR Team Solutions Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Meraqui Ventures Private Limited | ₹104.58 Cr (FY 2024) | 51.0% | Jamnagar, Gujarat, India | |||
| Bellfast Management Private Limited | ₹103.92 Cr (FY 2025) | 26.0% | Bangalore, Karnataka, India | |||
| RS HR Team Solutions Private Limitedthis company | ₹103.31 Cr (FY 2024) | -₹59.08 Lakh | -0.6% | -51.0% | 2,278 | Mumbai, Maharashtra, India |
| Classic Manpower Operations Private Limited | ₹102.47 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Raider Security Services Private Limited | ₹101.42 Cr (FY 2025) | 11.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of RS HR Team Solutions Private Limited, buy the company report.
Auditor
RS HR Team Solutions Private Limited is audited by JAGDISH D SHET & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH D SHET & CO | FY 2023 | 103822W |
Shareholding
The shareholding of RS HR Team Solutions 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 RS HR Team Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.56 Cr
Satisfied charges
₹11.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2024 | 101019358 | Axis Bank Limited | ₹6.07 Cr | Open | |
| 28 Mar 2024 | 100901351 | Others | ₹5.95 Cr | Open | |
| 31 Dec 2016 | 100082785 | Others | ₹3.54 Cr | Open | |
| 16 Nov 2023 | 100838719 | Others | ₹5.75 Cr | Satisfied | |
| 30 Aug 2020 | 100370250 | Others | ₹5.5 Cr | Satisfied |
To see the full charge records of RS HR Team Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
RS HR Team Solutions Private Limited has 1 deal on record (1 rights issue); the latest was in October 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Rights issue | ₹1.93 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
RS HR Team Solutions Private Limited has 51 court cases on record: 6 filed by RS HR Team Solutions, 45 filed against it. 6 cases are pending and 45 are disposed.
Total cases
51
Filed by the company
6
Filed against the company
45
Pending
6
Disposed
45
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 43 | 6 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Richbond Capital Private Limited Authorized Representative Rajkumar Mandal | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ambit Finvest Pvt. Ltd | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Bandhan Bank Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Flipkart Internet Pvt Ltd and Anr - Suit Stamp No. 3 of 2016 | Disposed |
| District court, Navsari, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of RS HR Team 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 RS HR Team Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
RS HR Team Solutions Private Limited has a workforce of 2,278 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
2,278
Active EPFO establishments
1
Employee growth
-61.71%
GST
RS HR Team Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR9591P1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of RS HR Team Solutions Private Limited, buy the company report.
Recent activity
RS HR Team Solutions Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Ankit Maheshbhai Panchal ceased to be Additional Director on 28 Sep 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.07 Cr with Charge ID 101019358 was registered on 21 Nov 2024.
AGM
Rs Hr Team Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rs Hr Team Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 5.95 Cr with Charge ID 100901351 was registered on 28 Mar 2024.
Charges
A charge registered on 16 Nov 2023 via Charge ID 100838719 with Others was fully satisfied on 13 Feb 2024.
Charges
A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100838719 was registered on 16 Nov 2023.
Charges
A charge registered on 30 Aug 2020 via Charge ID 100370250 with Others was fully satisfied on 20 May 2021.
Charges
A charge with Others of Rs. 5.50 Cr registered on 30 Aug 2020 with Charge ID 100370250 was modified on 17 Sep 2020.
Charges
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100370250 was registered on 30 Aug 2020.
Ceased
Ankit Maheshbhai Panchal ceased to be Additional Director.
Appointed
Ankit Maheshbhai Panchal was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 3.54 Cr with Charge ID 100082785 was registered on 31 Dec 2016.
3 earlier events are in the company report.
Frequently asked questions
RS HR Team Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 July 2012 (14+ years old) and is registered under CIN U93030MH2012PTC233213.
RS HR Team Solutions has 2 current directors:
- Rajan Suryakant Gupta - Managing Director
- Suryakant Munnilal Gupta - Director
The latest financial statements of RS HR Team Solutions 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 RS HR Team Solutions is 27AAFCR9591P1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of RS HR Team Solutions is U93030MH2012PTC233213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RS HR Team Solutions has 51 court cases on record: 6 filed by the company and 45 filed against it. 6 are pending. Most are in the district courts.
RS HR Team Solutions was incorporated on 10 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
RS HR Team Solutions has 1 deal on record (1 rights issue); the latest was in October 2020.
The peers of RS HR Team Solutions by revenue are Meraqui Ventures Private Limited, Bellfast Management Private Limited, Classic Manpower Operations Private Limited, Raider Security Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Ankit Maheshbhai Panchal ceased to be Additional Director on 28 Sep 2019. Ankit Maheshbhai Panchal was appointed as Additional Director on 22 Aug 2019. Rajan Suryakant Gupta was appointed as Managing Director on 10 Jul 2012. RS HR Team Solutions has 4 board changes on record in total.
Yes, RS HR Team Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0011197).