Shriniwas Solution India Private Limited
About Shriniwas Solution India Private Limited
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Shriniwas Solution India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2014PTC152837.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shankargouda Basanagouda Hadimani and Madivalappa M Shetter.
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 Plot No. 262 263 Shop No. 1 Manohar Nagar Talegaon Station, Pune, Maharashtra, India – 410507.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.39 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹15.12 Lakh (net margin 2.4%) and EBITDA of ₹20.82 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
The company has about 323 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shriniwas Solution India Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressPlot No. 262 263 Shop No. 1 Manohar Nagar Talegaon Station, Pune, Maharashtra, India – 410507
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Shriniwas Solution India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Shriniwas Solution India Private Limited, buy the company report.
Financials of Shriniwas Solution India Private Limited
FY 2024 filings availableShriniwas Solution India Private Limited reported revenue of ₹6.39 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 30% growth in the latest year. EBITDA fell 20% 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 | ₹20.82 Lakh | ||||
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| Net Profit (PAT) | ₹15.12 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 | 3.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Shriniwas Solution India Private Limited, buy the company report.
Board of directors of Shriniwas Solution India Private Limited
Shriniwas Solution India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankargouda Basanagouda Hadimani | Director | 29 Feb 2020 | 6 Years 7 Months | Current |
| Madivalappa M Shetter | Director | 17 Oct 2014 | 12 Years 0 Months | Current |
| Manjula Shankaragauda Hadimani | Director | 17 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Shriniwas Solution India 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 (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amman Management Services Private Limited | ₹6.39 Cr (FY 2025) | 7.0% | Aurangabad, Maharashtra, India | |||
| Shriniwas Solution India Private Limitedthis company | ₹6.39 Cr (FY 2024) | ₹15.12 Lakh | 2.4% | 30.0% | Pune, Maharashtra, India | |
| Qicheng Services Private Limited | ₹6.39 Cr (FY 2024) | 133.0% | Dadri, Uttar Pradesh, India | |||
| Sis Facilities India Private Limited | ₹6.38 Cr (FY 2024) | 23.0% | Pune, Maharashtra, India | |||
| STG Refractory Services Private Limited | ₹6.38 Cr (FY 2024) | -84.0% | Mumbai, Maharashtra, India | |||
| Value Spaces Estates Private Limited | ₹6.36 Cr (FY 2025) | 29.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shriniwas Solution India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2024 | 101016158 | Others | ₹42 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shriniwas Solution India 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 Shriniwas Solution India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shriniwas Solution India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shriniwas Solution India Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Shankargouda Basanagouda Hadimani was appointed as Director on 29 Feb 2020.
Frequently asked questions
Shriniwas Solution India is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 October 2014 (12+ years old) and is registered under CIN U74999PN2014PTC152837.
Shriniwas Solution India has 3 current directors:
- Shankargouda Basanagouda Hadimani - Director
- Madivalappa M Shetter - Director
- Manjula Shankaragauda Hadimani - Director
The latest financial statements of Shriniwas Solution India 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 CIN (Corporate Identification Number) of Shriniwas Solution India is U74999PN2014PTC152837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriniwas Solution India was incorporated on 17 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Shriniwas Solution India by revenue are Amman Management Services Private Limited, Qicheng Services Private Limited, Sis Facilities India Private Limited, STG Refractory Services Private Limited, Value Spaces Estates Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (other support services to organizations).
Shankargouda Basanagouda Hadimani was appointed as Director on 29 Feb 2020. Madivalappa M Shetter was appointed as Director on 17 Oct 2014. Manjula Shankaragauda Hadimani was appointed as Director on 17 Oct 2014.
The registered office of Shriniwas Solution India is at Plot No. 262 263 Shop No. 1 Manohar Nagar Talegaon Station, Pune, Maharashtra, India – 410507.
Shriniwas Solution India operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Shriniwas Solution India has open charges of ₹42 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Shriniwas Solution India is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.