Shuchi Manpower Services Private Limited
About Shuchi Manpower Services Private Limited
Data last updated:
Shuchi Manpower Services 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 29 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2008PTC045451. Its GSTIN is 29AALCS6768F1ZO (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 Gangaiahnaidu Gopalakrishna and Kulur Srinivasa Usharani.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.8 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.77 Lakh (net margin 0.6%) and EBITDA of ₹7.89 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 10% over five years.
The company has about 378 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Lakh and satisfied charges of ₹12 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
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- Social MediaLocked
- Registered AddressNo.4A Shuchi 7th Main 9th Cross Avalahalli Bda Layout Girinagar 3rd Phas, E, Bangalore, Karnataka, India – 560085
- 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
- One PDF report, delivered after checkout
Business Activity of Shuchi Manpower Services Private Limited
The main business activity of Shuchi Manpower Services is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shuchi Manpower Services Private Limited FY 2024 filings available
Shuchi Manpower Services Private Limited reported revenue of ₹7.8 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shuchi Manpower Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 10% growth in the latest year. EBITDA fell 33% 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 of Shuchi Manpower Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.77 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shuchi Manpower Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shuchi Manpower Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shuchi Manpower Services Private Limited
Shuchi Manpower Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Manpower Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Knights Management Services Private Limited | ₹7.83 Cr (FY 2025) | •••• | •••• | 142.0% | •••• | Hyderabad, Telangana, India |
| Three - S Coatings Private Limited | ₹7.82 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| Vedic Facility India Private Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mysore, Karnataka, India |
| Bangalore Strategic Solutions Private Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
| Davis Chandy Consult and Services Private Limited | ₹7.81 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Shuchi Manpower Services Private Limited this company | ₹7.8 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Kedar Security Services Private Limited | ₹7.78 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Siwan, Bihar, India |
| Dalvi Management Consultants Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Delex Technologies Private Limited | ₹7.77 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| K.S.S Multifacilities Private Limited | ₹7.76 Cr (FY 2024) | •••• | •••• | 4749.0% | •••• | Mumbai, Maharashtra, India |
| Ultimate HR Corporate Services Private Limited | ₹7.75 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Shuchi Manpower Services by revenue in the Outsourcing industry (HR Outsourcing, Manpower Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shuchi Manpower Services Private Limited
Shuchi Manpower Services Private Limited is audited by KOLLA AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KOLLA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shuchi Manpower Services Private Limited
Shuchi Manpower Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gangaiahnaidu Gopalakrishna | Director | 29 Feb 2008 | 18 Years 7 Months | Current |
| Kulur Srinivasa Usharani | Director | 29 Feb 2008 | 18 Years 7 Months | Current |
| Gopalakrishna Sushmitha | Director | 29 Feb 2008 | 18 Years 7 Months | Current |
| Supritha Gopalakrishna | Director | 29 Nov 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Shuchi Manpower Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shuchi Manpower Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2017 | Vijaya Bank | ₹30 Lakh | Open |
| 07 Nov 2009 | Vijaya Bank | ₹12 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Shuchi Manpower Services Private Limited
Shuchi Manpower Services Private Limited has 3 court cases on record: 2 filed by Shuchi Manpower Services, 1 filed against it. 1 case is pending and 2 are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
| High Court of Karnataka | Court case (CRL.RP) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Shuchi Manpower Services Private Limited
Shuchi Manpower Services Private Limited has a workforce of 378 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shuchi Manpower Services Private Limited
Shuchi Manpower Services Private Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Kulur Srinivasa Venkataramappa ceased to be Director on 29 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Shuchi Manpower Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shuchi Manpower Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shuchi Manpower Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shuchi Manpower Services Private Limited
Shuchi Manpower Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS6768F1ZO | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shuchi Manpower Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shuchi Manpower Services Private Limited
Shuchi Manpower Services 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 29 February 2008 (18+ years old) and is registered under CIN U74910KA2008PTC045451.
Shuchi Manpower Services reported revenue of ₹7.8 Cr for FY 2024 (up 10% YoY).
Shuchi Manpower Services has 4 current directors:
- Gangaiahnaidu Gopalakrishna - Director
- Kulur Srinivasa Usharani - Director
- Gopalakrishna Sushmitha - Director
- Supritha Gopalakrishna - Director
Shuchi Manpower Services reported a net profit of ₹4.77 Lakh (net margin 0.6%) and EBITDA of ₹7.89 Lakh (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shuchi Manpower Services is 17% over three years and 10% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shuchi Manpower Services is 29AALCS6768F1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Shuchi Manpower Services is U74910KA2008PTC045451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shuchi Manpower Services has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Shuchi Manpower Services was incorporated on 29 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shuchi Manpower Services by revenue are Knights Management Services Private Limited, Three - S Coatings Private Limited, Vedic Facility India Private Limited, Bangalore Strategic Solutions Private Limited, Davis Chandy Consult and Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Manpower Services).
Kulur Srinivasa Venkataramappa ceased to be Director on 29 Nov 2021. Supritha Gopalakrishna was appointed as Director on 29 Nov 2021. Gangaiahnaidu Gopalakrishna was appointed as Director on 29 Feb 2008. Shuchi Manpower Services has 5 board changes on record in total.