About SP Staffing Services Private Limited
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SP Staffing Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 21 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93000TN2011PTC081595. Its GSTIN is 33AAQCS1000D1ZZ (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Dhurai Rajan (Managing Director) and Krishnamurthy Shivashankar.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.72 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹39.46 Lakh (net margin -51.4%) and EBITDA of -₹35.19 Lakh (EBITDA margin -45.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spstaffing.in.
Company details
Contact details
SP Staffing Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is spstaffing.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.Ts110 Parthasarathy Koil 2nd Street Thiru VI Ka Industrial Estate SIDCO Ekk, Atuthangal, Chennai, Tamil Nadu, India – 600032
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of SP Staffing Services Private Limited, buy the company report.
- 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 SP Staffing Services 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 SP Staffing Services Private Limited, buy the company report.
Financials of SP Staffing Services Private Limited
FY 2024 filings availableSP Staffing Services Private Limited reported revenue of ₹76.72 Lakh (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 84% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 153% 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 | -₹35.19 Lakh | ||||
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| Net Profit (PAT) | -₹39.46 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 | -45.9% | ||||
| Net Profit Margin | -51.4% | ||||
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To see the full financial statements and ratios of SP Staffing Services Private Limited, buy the company report.
Board of directors of SP Staffing Services Private Limited
SP Staffing Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhurai Rajan Also directs: Prayaman Technology Solutions Private Limited | Managing Director | 21 Jul 2011 | 15 Years 3 Months | Current |
| Krishnamurthy Shivashankar Also directs: Prayaman Technology Solutions Private Limited | Director | 21 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
SP Staffing Services Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Naatha Resources Private Limited | ₹77.17 Lakh (FY 2024) | 31.0% | Mumbai, Maharashtra, India | |||
| Coronet HR Services Private Limited | ₹76.97 Lakh (FY 2022) | 86.0% | Pune, Maharashtra, India | |||
| A. B. Bizhub Private Limited | ₹76.87 Lakh (FY 2025) | -31.0% | Gandhidham, Gujarat, India | |||
| SP Staffing Services Private Limitedthis company | ₹76.72 Lakh (FY 2024) | -₹39.46 Lakh | -51.4% | -84.0% | 13 | Chennai, Tamil Nadu, India |
| Hyperhire India Private Limited | ₹76.72 Lakh (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Manning Recruitment Solutions India Private Limited | ₹76.53 Lakh (FY 2024) | -33.0% | Delhi, India | |||
| Bhuwalitola Solutions Private Limited | ₹76.52 Lakh (FY 2020) | 204.0% | Patna, Bihar, India |
To see the full peer comparison of SP Staffing Services Private Limited, buy the company report.
Auditor
SP Staffing Services Private Limited is audited by S.BALASUBRAMANIAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.BALASUBRAMANIAN | FY 2023 | 022779 |
Shareholding
The shareholding of SP Staffing Services 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 SP Staffing Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2019 | 100305527 | Karnataka Bank Ltd. | ₹8 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving SP Staffing Services 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 SP Staffing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SP Staffing Services Private Limited has a workforce of 13 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
SP Staffing Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAQCS1000D1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SP Staffing Services Private Limited, buy the company report.
Recent activity
SP Staffing Services Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Akilandeswari ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
SP Staffing Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 21 July 2011 (15+ years old) and is registered under CIN U93000TN2011PTC081595.
SP Staffing Services has 2 current directors:
- Dhurai Rajan - Managing Director
- Krishnamurthy Shivashankar - Director
The latest financial statements of SP Staffing Services 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 SP Staffing Services is 33AAQCS1000D1ZZ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of SP Staffing Services is U93000TN2011PTC081595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SP Staffing Services was incorporated on 21 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of SP Staffing Services by revenue are Naatha Resources Private Limited, Coronet HR Services Private Limited, A. B. Bizhub Private Limited, Hyperhire India Private Limited, Manning Recruitment Solutions India Private Limited and 1 more, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Akilandeswari ceased to be Additional Director on 30 Sep 2016. Jayaraman Padmavathi ceased to be Additional Director on 30 Sep 2016. Dhurai Rajan was appointed as Managing Director on 21 Jul 2011. SP Staffing Services has 4 board changes on record in total.
SP Staffing Services can be reached through the website spstaffing.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of SP Staffing Services is at No.Ts110 Parthasarathy Koil 2nd Street Thiru VI Ka Industrial Estate SIDCO Ekk, Atuthangal, Chennai, Tamil Nadu, India – 600032.
SP Staffing Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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