About Thakral One Solutions Private Limited
Data last updated: 23 December 2025
Thakral One Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sovereign Investments Pte Limited. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 28 July 1997, the company has been in operation for over 29 years.
Registered with ROC Bangalore under CIN U22574KA1997PTC022574.
Capital: an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹22.2 Cr. Formerly known as Raffles Software Private Limited and Raffles Solutions Private Limited. It is led by directors including Kanwaljeet Singh Bawa and Nirmala Sridhar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.44 Cr, a decline of 23% compared to the previous year.
The company has a workforce of approximately 326 employees as per the latest available data. It operates as a subsidiary of Sovereign Investments Pte Limited.
The company is associated with 1 brand - Thakral One. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹18.72 Cr 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 thakralone.com.
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Registered Address1St Floor Shree Rajarajeshwari Arcade Outer Ring Road Near Courtyard Marriot Hotel Veeran, Napalya, Bangalore, Karnataka, India – 560045
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IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Thakral One Solutions Private Limited
Thakral One Solutions Private Limited has undergone 2 name changes throughout its history. The company was previously known as Raffles Software Private Limited, and Raffles Solutions Private Limited. The current legal name is Thakral One Solutions Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Thakral One Solutions Private Limited | Current |
| Raffles Software Private Limited | Previous |
| Raffles Solutions Private Limited | Previous |
CIN History of Thakral One Solutions Private Limited
Thakral One Solutions Private Limited has one previous CIN (Corporate Identification Number): U22574KA1997PTC022574. The current CIN is U85110KA1997PTC022574, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1997PTC022574 | Current |
| U22574KA1997PTC022574 | Previous |
Associated Brands with Thakral One Solutions Private Limited
Thakral One Solutions Private Limited operates one associated brand: Thakral One. These brands represent Thakral One Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provides IT consulting, managed services, and data analytics for businesses. | thakralone.com |
Competitors & Alternatives of Thakral One Solutions Private Limited
Brands and companies operating in the same space as Thakral One Solutions Private Limited include Booz Allen Hamilton, Teneo, Prophet and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Booz Allen Hamilton
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Analytics, cybersecurity, and digital transformation services are provided. | Mclean, United States, United States | 1914 |
Teneo
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Business consulting, financial advisory, and crisis management services are provided. | New York, United States, United States | 2011 |
Prophet
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Brand and marketing consulting solutions provider | San Francisco, United States, United States | 1992 |
SGS
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Product inspection, testing, and digital transformation services are provided. | Geneva, Switzerland, Switzerland | 1878 |
KPMG
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Audit, tax, accounting, strategy, and financial advisory services are provided. | London, United Kingdom, United Kingdom | 1987 |
Cognizant
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Provider of software development, cloud & data management, and IT consulting services | United States | 1994 |
FTI Consulting
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Business strategy, litigation, financial, and other consulting services are provided. | - | 1982 |
Wavestone
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Wavestone is recognized as a trusted consulting partner for strategic transformations worldwide. | Paris, France, France | 1990 |
Business Activity of Thakral One Solutions Private Limited
Thakral One Solutions Private Limited is engaged in the principal business activity of support service to organizations, with detailed activities including placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details for Thakral One Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Board of Directors of Thakral One Solutions Private Limited
Thakral One Solutions Private Limited is currently managed by 5 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Thakral One Solutions Private Limited FY 2024 filings available
Thakral One Solutions Private Limited reported revenue of ₹26.44 Cr (down 23.00% YoY) for FY 2025.
Ten-year financial statements for Thakral One Solutions Private Limited
Historical statement values and trend charts require an active report plan.
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Charges & Borrowings of Thakral One Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2024 | Others | ₹7 Cr | Open |
| 14 Dec 2023 | Others | ₹23 Cr | Open |
| 02 Sep 2016 | Axis Bank Limited | ₹6.72 Cr | Satisfied |
| 16 Jul 2013 | Yes Bank Limited | ₹4 Cr | Satisfied |
| 21 Jan 2009 | The Federal Bank Limited | ₹2.5 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Thakral One Solutions Private Limited
View historical data on people associated with Thakral One Solutions Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Thakral One Solutions Private Limited
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GST Compliance of Thakral One Solutions Private Limited
GST registrations and filing compliance for Thakral One Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Thakral One Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Thakral One Solutions Private Limited
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MSME Payment Delays by Thakral One Solutions Private Limited
MSME payment history for Thakral One Solutions Private Limited
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Subsidiaries & Group Companies of Thakral One Solutions Private Limited
Corporate group structure for Thakral One Solutions Private Limited
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MCA Filings & Documents of Thakral One Solutions Private Limited
MCA filings and documents for Thakral One Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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- Complete filing index
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Recent Activity on Thakral One Solutions Private Limited
Frequently Asked Questions about Thakral One Solutions Private Limited
Thakral One Solutions Private Limited is an active private limited company in the business outsourcing sector based in Bangalore, Karnataka, India. It was incorporated on 28 July 1997 (29+ years old) and is registered under CIN U85110KA1997PTC022574. The company has 326 employees.
Thakral One Solutions Private Limited reported revenue of ₹26.44 Cr for FY 2025 (down 23.00% YoY).
The current directors of Thakral One Solutions Private Limited are:
- Kanwaljeet Singh Bawa - Director
- Nirmala Sridhar - Director
- Purushottam Ram Yagnik - Director
- Gurmukh Singh Thakral - Director
- Bikramjit Singh Thakral - Director
The primary industry of Thakral One Solutions Private Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.
Thakral One Solutions Private Limited can be reached at the registered office: 1St Floor Shree Rajarajeshwari Arcade Outer Ring Road Near Courtyard Marriot Hotel Veeran, Napalya, Bangalore, Karnataka, India – 560045, or through the website thakralone.com.
The authorised capital is ₹22.5 Cr, and the paid-up capital is ₹22.2 Cr.