About Suitable Technology Private Limited
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Suitable Technology Private Limited is a private limited company based in Delhi, India, a subsidiary of Suitable Ai Inc 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 10 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2021PTC378224. Its GSTIN is 07ABFCS6469L1ZN (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anmol Mahajan and Nikhil Chainani.
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 61 Second Floor Kailash Hills East Of Kailash, Delhi, India – 110065.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.33 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹12.39 Lakh (net margin 9.3%) and EBITDA of ₹18.46 Lakh (EBITDA margin 13.9%).
The company is associated with 1 brand: Suitable AI. As per MCA filings, the company has open charges of ₹20 Lakh on record.
For more details, the company can be reached via its website suitable.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address61 Second Floor Kailash Hills East Of Kailash, Delhi, India – 110065
- 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 Suitable Technology Private Limited
The main business activity of Suitable Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Suitable Technology Private Limited FY 2025 filings available
Suitable Technology Private Limited reported revenue of ₹1.33 Cr (up 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Suitable Technology Private Limited
Revenue rose 57% in the latest year. EBITDA rose 53% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Suitable Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹18.46 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.39 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 Suitable Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.9% | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• |
| 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 Suitable Technology are in the company report.
Financial statements from FY 2021
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 Suitable Technology Private Limited
Suitable Technology Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perfect Water Technologies Private Limited | ₹1.33 Cr (FY 2019) | •••• | •••• | 17.0% | •••• | Tirupur, Tamil Nadu, India |
| Bright Sky Trade Private Limited | ₹1.33 Cr (FY 2021) | •••• | •••• | 166.0% | •••• | Ajmer, Rajasthan, India |
| Flexi Staffing Services Private Limited | ₹1.33 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Chennai, Tamil Nadu, India |
| Agra Security & Intelligence Services (OPC) Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Etmadpur, Uttar Pradesh, India |
| Bradford Global Enterprises Private Limited | ₹1.33 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Bengaluru, Karnataka, India |
| Suitable Technology Private Limited this company | ₹1.33 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Delhi, India |
| Ambica Sewing Machine Company Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Mumbai, Maharashtra, India |
| Pourbrain Tech Private Limited | ₹1.32 Cr (FY 2022) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Raya Services and Solutions Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 169.0% | •••• | Bangalore, Karnataka, India |
| HGM Zone Private Limited | ₹1.32 Cr (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Ciaz Hospitality Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Suitable Technology by revenue in the Outsourcing industry (HR Outsourcing), 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 Suitable Technology Private Limited
Suitable Technology Private Limited is audited by GGS AND CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GGS AND CO. | 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 Suitable Technology Private Limited
Suitable Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anmol Mahajan | Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Nikhil Chainani | Director | 10 Mar 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Suitable Technology 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 Suitable Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2025 | State Bank of India | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Suitable Technology Private Limited
Suitable Technology operates one associated brand: Suitable AI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A company that enables GCCs and innovation hubs to transform their hiring process through AI-based recruitment tools | suitable.ai |
Employees and EPFO Compliance at Suitable Technology Private Limited
Suitable Technology Private Limited has a workforce of 0 employees as of Apr 08, 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 Suitable Technology Private Limited
Suitable Technology Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Anmol Mahajan was appointed as Director on 10 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Suitable Technology 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 Suitable Technology 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 Suitable Technology 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 Suitable Technology Private Limited
Suitable Technology has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07ABFCS6469L1ZN | Delhi | Active | 09 May 2022 |
| 09ABFCS6469L1ZJ | Uttar Pradesh | Active | 28 Sep 2024 |
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 Suitable Technology 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 Suitable Technology Private Limited
Suitable Technology is an active private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 March 2021 (5+ years old) and is registered under CIN U74999DL2021PTC378224.
Suitable Technology reported revenue of ₹1.33 Cr for FY 2024 (up 57% YoY).
Suitable Technology has 2 current directors:
- Anmol Mahajan - Director
- Nikhil Chainani - Director
Suitable Technology reported a net profit of ₹12.39 Lakh (net margin 9.3%) and EBITDA of ₹18.46 Lakh (EBITDA margin 13.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Suitable Technology is 07ABFCS6469L1ZN, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09ABFCS6469L1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Suitable Technology is U74999DL2021PTC378224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suitable Technology was incorporated on 10 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Suitable Technology by revenue are Perfect Water Technologies Private Limited, Bright Sky Trade Private Limited, Flexi Staffing Services Private Limited, Agra Security & Intelligence Services (OPC) Private Limited, Bradford Global Enterprises Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Anmol Mahajan was appointed as Director on 10 Mar 2021. Nikhil Chainani was appointed as Director on 10 Mar 2021.
Yes, Suitable Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Suitable Technology can be reached through the website suitable.ai. Its registered office is in Delhi, India.