About Teamlease Hrtech Private Limited
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Teamlease Hrtech Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Teamlease Services Limited. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 21 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC113117. Its GSTIN is 29AACCC7527R1ZX (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.11 Lakh. It was formerly known as Teamlease E-Hire Private Limited and Cassius Technologies Private Limited. It is led by directors including Alaka Chanda and Ramani Dathi.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.99 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹2.5 Cr (net margin -41.7%) and EBITDA of -₹1.03 Cr (EBITDA margin -17.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Freshersworld. As per MCA filings, the company has satisfied charges of ₹22.88 Lakh on record. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hrtech.teamlease.com.
Company details
Name history
Teamlease Hrtech has undergone 2 name changes throughout its history. The company was previously known as Teamlease E-Hire Private Limited, and Cassius Technologies Private Limited. The current legal name is Teamlease Hrtech Private Limited.
| Company Name | Status |
|---|---|
| Teamlease Hrtech Private Limited | Current |
| Teamlease E-Hire Private Limited | Previous |
| Cassius Technologies Private Limited | Previous |
CIN history
Teamlease Hrtech has one previous CIN (Corporate Identification Number): U72200KL2005PTC018963. The current CIN is U72200KA2005PTC113117, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2005PTC113117 | Current |
| U72200KL2005PTC018963 | Previous |
Contact details
Teamlease Hrtech Private Limited's registered office is in Bangalore, Karnataka. Its website is hrtech.teamlease.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address315 Work Avenue Campus Ascent Bldg. Koramangala Ind. Layout Jyoti Nivas College Road K, Oramangala, Bangalore, Karnataka, India – 560095
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Teamlease Hrtech 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
Brands
Teamlease Hrtech operates one associated brand: Freshersworld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online job placement services for fresh graduates are provided. | freshersworld.com |
Business activity
The main business activity of Teamlease Hrtech 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 Teamlease Hrtech Private Limited, buy the company report.
Financials of Teamlease Hrtech Private Limited
FY 2025 filings availableTeamlease Hrtech Private Limited reported revenue of ₹5.99 Cr (down 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 34% fall in the latest year. EBITDA fell 137% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.03 Cr | ||||
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| Net Profit (PAT) | -₹2.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -17.2% | ||||
| Net Profit Margin | -41.7% | ||||
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To see the full financial statements and ratios of Teamlease Hrtech Private Limited, buy the company report.
Board of directors of Teamlease Hrtech Private Limited
Teamlease Hrtech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alaka Chanda Also directs: Teamlease Foundation, Teamlease Digital Private Limited, TSR Darashaw HR Services Private Limited and 1 more | Director | 23 Mar 2021 | 5 Years 7 Months | Current |
| Ramani Dathi Also directs: Teamlease Foundation, Teamlease Digital Private Limited, TSR Darashaw HR Services Private Limited and 4 more | Director | 21 Jan 2019 | 7 Years 9 Months | Current |
| Ashok Kumar Nedurumalli Also directs: Ned Consultants LLP, Teamlease Services Limited, Dihea Products India Private Limited and 1 more | Director | 20 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Teamlease Hrtech Private Limited is audited by Manian & Rao for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manian & Rao | FY 2023 | 001983S |
Shareholding
The shareholding of Teamlease Hrtech 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 Teamlease Hrtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2014 | 10519045 | Icici Bank Limited | ₹18 Lakh | Satisfied | |
| 26 Mar 2013 | 10426713 | The Catholic Syrian Bank Ltd | ₹4.88 Lakh | Satisfied |
To see the full charge records of Teamlease Hrtech Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Teamlease Hrtech Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Teamlease Services Limited Seller: 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Teamlease Services Limited Seller: 2 individuals |
| Jun 2017 | Rights issue | ₹2 Cr | Investors: Teamlease Services Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Teamlease Hrtech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Rise India Skills Solutions Private Limited | Disposed |
To see the full case history of Teamlease Hrtech 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 Teamlease Hrtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Teamlease Hrtech Private Limited has a workforce of 29 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Teamlease Hrtech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC7527R1ZX | Karnataka | Active | 04 Sep 2017 |
To see the full GST registrations and return filing status of Teamlease Hrtech Private Limited, buy the company report.
Recent activity
Teamlease Hrtech Private Limited has 11 board changes on record since 2005: 7 appointments and 4 cessations. The latest: Ashok Kumar Nedurumalli was appointed as Director on 20 Apr 2023.
6 earlier events are in the company report.
News
Frequently asked questions
Teamlease Hrtech 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 21 December 2005 (21+ years old) and is registered under CIN U72200KA2005PTC113117.
Teamlease Hrtech has 3 current directors:
- Alaka Chanda - Director
- Ramani Dathi - Director
- Ashok Kumar Nedurumalli - Director
The latest financial statements of Teamlease Hrtech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Teamlease Hrtech is 29AACCC7527R1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Teamlease Hrtech is U72200KA2005PTC113117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teamlease Hrtech has 1 court case on record: 1 filed against it.
Teamlease Hrtech was incorporated on 21 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Teamlease Hrtech has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in August 2019.
Ashok Kumar Nedurumalli was appointed as Director on 20 Apr 2023. Rituparna Chakraborty ceased to be Director on 20 Apr 2023. Alaka Chanda was appointed as Director on 23 Mar 2021. Teamlease Hrtech has 11 board changes on record in total.
Teamlease Hrtech can be reached through the website hrtech.teamlease.com. Its registered office is in Bangalore, Karnataka, India.