MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0207148
Team Hire Staffing Services Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.86 Cr
▲ 178% YoY
Net loss · FY 2024
₹14.59 Lakh
Net margin -0.9%
EBITDA · FY 2024
-₹11.2 Lakh
EBITDA margin -0.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
1
Provident fund records
Directors on board
4
As per MCA filings
About Team Hire Staffing Services Private Limited
Data last updated:
Team Hire Staffing Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 27 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC325898. Its GSTIN is 27AAHCT3469N1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Basant Singh (Managing Director) and Savinder Kaur.
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 1/B – 303 Neighbourhood Chsl Akurli Road Lokhandwala Circle Kandivali (E), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.59 Lakh (net margin -0.9%) and EBITDA of -₹11.2 Lakh (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 337% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Team Hire Staffing Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0207148). For more details, the company can be reached via its website teamhire.in.
Company details
CIN U74999MH2019PTC325898
Registration Number 325898
Incorporation Date 27 May 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-MH-18-0207148
Recognitions & Rankings of Team Hire Staffing Services
Contact details
Team Hire Staffing Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is teamhire.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1/B – 303 Neighbourhood Chsl Akurli Road Lokhandwala Circle Kandivali (E), Mumbai, Maharashtra, India – 400101
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Team Hire Staffing Services Private Limited, buy the company report.
Comprehensive company report
Team Hire 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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Business activity
The main business activity of Team Hire 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 Team Hire Staffing Services Private Limited, buy the company report.
Financials of Team Hire Staffing Services Private Limited
FY 2024 filings availableTeam Hire Staffing Services Private Limited reported revenue of ₹16.86 Cr (up 178% YoY) for FY 2024.
Revenue · FY 2024
₹16.86 Cr ▲ 178%
Net loss · FY 2024
₹14.59 Lakh margin -0.9%
EBITDA · FY 2024
-₹11.2 Lakh margin -0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 178%
3 years · compounded
▲ 337%
EBITDA CAGR growth
3 years · compounded
▼ 271%
Revenue has grown at a compounded annual rate (CAGR) of 337% over three years, including 178% growth 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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| Total Expenses | |||||
| EBITDA | -₹11.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.59 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Team Hire Staffing Services Private Limited, buy the company report.
Board of directors of Team Hire Staffing Services Private Limited
Team Hire Staffing Services has 4 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 |
|---|---|---|---|---|
| Basant Singh | Managing Director | 27 May 2019 | 7 Years 5 Months | Current |
| Savinder Kaur | Director | 27 May 2019 | 7 Years 5 Months | Current |
| Harishankar Naipal Yadav | Director | 12 Aug 2021 | 5 Years 2 Months | Current |
| Reema Yadav | Director | 12 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Team Hire Staffing Services Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Newlife Placements Private Limted | ₹16.91 Cr (FY 2024) | -3.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Iss Support Services Private Limited | ₹16.89 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Team Hire Staffing Services Private Limitedthis company | ₹16.86 Cr (FY 2024) | -₹14.59 Lakh | -0.9% | 178.0% | 1 | Mumbai, Maharashtra, India |
| Abp Management Services Private Limited | ₹16.81 Cr (FY 2025) | 164.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Team Hire Staffing Services Private Limited, buy the company report.
Auditor
Team Hire Staffing Services Private Limited is audited by PRIYAL SHAH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRIYAL SHAH AND ASSOCIATES | FY 2023 | 138603W |
Shareholding
The shareholding of Team Hire Staffing Services Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Team Hire Staffing Services Private Limited, buy the company report.
Legal cases
Team Hire Staffing Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by L and T Finance Limited... | Pending |
To see the full case history of Team Hire 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 Team Hire Staffing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Team Hire Staffing Services Private Limited has a workforce of 1 employees on its EPFO records as of Jun 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-99.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 1 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Team Hire Staffing Services Private Limited, buy the company report.
GST
Team Hire Staffing Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT3469N1ZM | Maharashtra | Active | 15 Jun 2020 |
To see the full GST registrations and return filing status of Team Hire Staffing Services Private Limited, buy the company report.
Recent activity
Team Hire Staffing Services Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Harishankar Naipal Yadav ceased to be Additional Director on 29 Sep 2024.
AGM
Team Hire Staffing Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Harishankar Naipal Yadav ceased to be Additional Director.
Ceased
Reema Yadav ceased to be Additional Director.
Filing
Team Hire Staffing Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Harishankar Naipal Yadav was appointed as Director.
Appointed
Reema Yadav was appointed as Director.
Appointed
Basant Singh was appointed as Managing Director.
Appointed
Savinder Kaur was appointed as Director.
Incorporation
27 May 2019
Team Hire Staffing Services Private Limited was registered on 27 May 2019 with Roc Mumbai & aged 7 years 5 months as per MCA records.
Frequently asked questions
Team Hire Staffing Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 27 May 2019 (7+ years old) and is registered under CIN U74999MH2019PTC325898.
Team Hire Staffing Services has 4 current directors:
- Basant Singh - Managing Director
- Savinder Kaur - Director
- Harishankar Naipal Yadav - Director
- Reema Yadav - Director
The latest financial statements of Team Hire 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 FY 2020 are in the company report.
The GSTIN of Team Hire Staffing Services is 27AAHCT3469N1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Team Hire Staffing Services is U74999MH2019PTC325898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Team Hire Staffing Services has 1 court case on record: 1 filed against it. 1 is pending.
Team Hire Staffing Services was incorporated on 27 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Team Hire Staffing Services by revenue are Newlife Placements Private Limted, Iss Support Services Private Limited, Abp Management Services Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Harishankar Naipal Yadav ceased to be Additional Director on 29 Sep 2024. Reema Yadav ceased to be Additional Director on 29 Sep 2024. Harishankar Naipal Yadav was appointed as Director on 12 Aug 2021. Team Hire Staffing Services has 6 board changes on record in total.
Yes, Team Hire Staffing Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0207148).
Team Hire Staffing Services can be reached through the website teamhire.in. Its registered office is in Mumbai, Maharashtra, India.
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