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Smartstaff Staffing Services Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹24.34 Cr
▲ 246% YoY
Net loss · FY 2024
₹2.73 Cr
Net margin -11.2%
EBITDA · FY 2024
-₹2.31 Cr
EBITDA margin -9.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
436
Provident fund records
Directors on board
2
As per MCA filings
About Smartstaff Staffing Services Private Limited
Data last updated:
Smartstaff Staffing Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Qikwork Services Private Limited and recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 09 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2022PTC159879. Its GSTIN is 29ABICS2452G1Z6 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arpit Dave and Chilukuri Nagagnanesh.
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 Sector 1, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.73 Cr (net margin -11.2%) and EBITDA of -₹2.31 Cr (EBITDA margin -9.5%).
The company has about 436 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Smartstaff. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 3 cases are pending.
Smartstaff Staffing Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0219897). For more details, the company can be reached via its website smartstaff.co.in.
Company details
CIN U74999KA2022PTC159879
Registration Number 159879
Incorporation Date 09 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Qikwork Services Private Limited
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0219897
Recognitions & Rankings of Smartstaff Staffing Services
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0219897
Contact details
Smartstaff Staffing Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressHustle Hub First Floor, 1550A And 1550B Sector 1, Bangalore, Karnataka, India – 560102
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Smartstaff Staffing Services Private Limited, buy the company report.
Comprehensive company report
Smartstaff Staffing Services 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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Brands
Smartstaff Staffing Services operates one associated brand: smartstaff. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of workforce management platform for blue collar employee lifecycle management | smartstaff.co.in |
Business activity
The main business activity of Smartstaff Staffing Services 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 Smartstaff Staffing Services Private Limited, buy the company report.
Financials of Smartstaff Staffing Services Private Limited
FY 2025 filings availableSmartstaff Staffing Services Private Limited reported revenue of ₹24.34 Cr (up 246% YoY) for FY 2024.
Revenue · FY 2024
₹24.34 Cr ▲ 246%
Net loss · FY 2024
₹2.73 Cr margin -11.2%
EBITDA · FY 2024
-₹2.31 Cr margin -9.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 246%
EBITDA CAGR growth
1 year
▼ 52%
Revenue rose 246% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹2.31 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.73 Cr | |
| 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -9.5% | |
| Net Profit Margin | -11.2% | |
| 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 | ||
To see the full financial statements and ratios of Smartstaff Staffing Services Private Limited, buy the company report.
Board of directors of Smartstaff Staffing Services Private Limited
Smartstaff Staffing Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpit Dave Also directs: Qikwork Services Private Limited | Director | 09 Apr 2022 | 4 Years 7 Months | Current |
| Chilukuri Nagagnanesh Also directs: Qikwork Services Private Limited | Director | 31 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Smartstaff Staffing Services Private Limited is audited by Lodha & Bhatt for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lodha & Bhatt | FY 2023 | 016505S |
Shareholding
The shareholding of Smartstaff Staffing Services Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Smartstaff Staffing Services Private Limited, buy the company report.
Legal cases
Smartstaff Staffing Services Private Limited has 8 court cases on record: 7 filed by Smartstaff Staffing Services, 1 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
7
Filed against the company
1
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Zeitgeist Ventures Pvt.Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Qikwork Services Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Linen Art Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Zeitgeist Ventures Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S.Zeitgeist Ventures Pvt.Ltd | Pending |
To see the full case history of Smartstaff Staffing Services 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 Smartstaff Staffing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smartstaff Staffing Services Private Limited has a workforce of 436 employees on its EPFO records as of Mar 2026, across 1 active EPFO establishment.
Employee count
436
Active EPFO establishments
1
Employee growth
-82.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 436 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Smartstaff Staffing Services Private Limited, buy the company report.
GST
Smartstaff Staffing Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABICS2452G1Z6 | Karnataka | Active | 01 Jul 2022 |
To see the full GST registrations and return filing status of Smartstaff Staffing Services Private Limited, buy the company report.
Recent activity
Smartstaff Staffing Services Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Chilukuri Nagagnanesh ceased to be Additional Director on 29 Sep 2024.
AGM
Smartstaff Staffing Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Smartstaff Staffing Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Chilukuri Nagagnanesh ceased to be Additional Director.
Appointed
Chilukuri Nagagnanesh was appointed as Director.
Ceased
Viral Chhajer ceased to be Director.
Appointed
Arpit Dave was appointed as Director.
Incorporation
09 Apr 2022
Smartstaff Staffing Services Private Limited was registered on 09 Apr 2022 with Roc Bangalore & aged 4 years 7 months as per MCA records.
Frequently asked questions
Smartstaff Staffing 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 09 April 2022 (4+ years old) and is registered under CIN U74999KA2022PTC159879.
Smartstaff Staffing Services has 2 current directors:
- Arpit Dave - Director
- Chilukuri Nagagnanesh - Director
The latest financial statements of Smartstaff Staffing Services 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 2023 are in the company report.
The GSTIN of Smartstaff Staffing Services is 29ABICS2452G1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Smartstaff Staffing Services is U74999KA2022PTC159879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartstaff Staffing Services has 8 court cases on record: 7 filed by the company and 1 filed against it. 3 are pending.
Smartstaff Staffing Services was incorporated on 09 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Chilukuri Nagagnanesh ceased to be Additional Director on 29 Sep 2024. Chilukuri Nagagnanesh was appointed as Director on 31 Jan 2024. Viral Chhajer ceased to be Director on 31 Jan 2024. Smartstaff Staffing Services has 4 board changes on record in total.
Yes, Smartstaff Staffing Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Smartstaff Staffing Services is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0219897).
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