MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0045260
Serve HR Private Limited - business outsourcing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹55.12 Cr
▲ 25% YoY
Net profit · FY 2024
₹1.81 Cr
Net margin 3.3%
EBITDA · FY 2024
₹2.7 Cr
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
910
Provident fund records
Directors on board
2
As per MCA filings
About Serve HR Private Limited
Data last updated:
Serve HR Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 09 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC347568. Its GSTIN is 27ABECS6346M1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mehul Kishore Joshi (Managing Director) and Nidhi Mehul Joshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 203 Odyssey IT Park Road No.9 Wagle Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.12 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 3.3%) and EBITDA of ₹2.7 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 315% over three years.
The company has about 910 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Serve HR. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Serve HR Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0045260). For more details, the company can be reached via its website servehrindia.com.
Company details
CIN U74999MH2020PTC347568
Registration Number 347568
Incorporation Date 09 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-33-0045260
Recognitions & Rankings of Serve HR
Contact details
Serve HR Private Limited's registered office is in Thane, Maharashtra. Its website is servehrindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address203 Odyssey IT Park Road No.9 Wagle Estate, Thane, Maharashtra, India – 400604
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Serve HR Private Limited, buy the company report.
Comprehensive company report
Serve HR 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
Brands
Serve HR operates one associated brand: Serve HR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers solutions for temporary staffing, payroll management, and labor law compliance. | servehrindia.com |
Business activity
The main business activity of Serve HR 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 Serve HR Private Limited, buy the company report.
Financials of Serve HR Private Limited
FY 2025 filings availableServe HR Private Limited reported revenue of ₹55.12 Cr (up 25% YoY) for FY 2024.
Revenue · FY 2024
₹55.12 Cr ▲ 25%
Net profit · FY 2024
₹1.81 Cr margin 3.3%
EBITDA · FY 2024
₹2.7 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 315%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 234%
Revenue has grown at a compounded annual rate (CAGR) of 315% over three years, including 25% growth in the latest year. EBITDA rose 68% 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 |
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| EBITDA | ₹2.7 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.81 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.9% | |||
| Net Profit Margin | 3.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Serve HR Private Limited, buy the company report.
Board of directors of Serve HR Private Limited
Serve HR has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Kishore Joshi | Managing Director | 09 Oct 2020 | 6 Years 0 Months | Current |
| Nidhi Mehul Joshi | Director | 09 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Serve HR Private Limited is audited by Ankit Chheda & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankit Chheda & Co | FY 2023 | 132380W |
Shareholding
The shareholding of Serve HR Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Serve HR Private Limited, buy the company report.
Legal cases
Serve HR Private Limited has 2 court cases on record: 1 filed by Serve HR, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln IDA) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed by the company against individuals | Disposed |
To see the full case history of Serve HR 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 Serve HR Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Serve HR Private Limited has a workforce of 910 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
910
Active EPFO establishments
1
Employee growth
14.9%
GST
Serve HR has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABECS6346M1ZS | Maharashtra | Active | 03 Dec 2020 |
To see the full GST registrations and return filing status of Serve HR Private Limited, buy the company report.
Recent activity
Serve HR Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Mehul Kishore Joshi was appointed as Managing Director on 09 Oct 2020.
AGM
Serve Hr Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Serve Hr Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Mehul Kishore Joshi was appointed as Managing Director.
Appointed
Nidhi Mehul Joshi was appointed as Director.
Incorporation
09 Oct 2020
Serve Hr Private Limited was registered on 09 Oct 2020 with Roc Mumbai Ii & aged 6 years 20 days as per MCA records.
Frequently asked questions
Serve HR is an active private limited company based in Thane, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 09 October 2020 (6+ years old) and is registered under CIN U74999MH2020PTC347568.
Serve HR has 2 current directors:
- Mehul Kishore Joshi - Managing Director
- Nidhi Mehul Joshi - Director
The latest financial statements of Serve HR on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Serve HR is 27ABECS6346M1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Serve HR is U74999MH2020PTC347568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Serve HR has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Serve HR was incorporated on 09 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Mehul Kishore Joshi was appointed as Managing Director on 09 Oct 2020. Nidhi Mehul Joshi was appointed as Director on 09 Oct 2020.
Yes, Serve HR is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0045260).
Serve HR can be reached through the website servehrindia.com. Its registered office is in Thane, Maharashtra, India.