About Topsource Support Services Private Limited
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Topsource Support Services Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Topsource Infotech Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 January 2014.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U93000PN2014PTC150131. Its GSTIN is 27AAECT8865B1Z4 (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including William Wallace Hastings and Sunil Waman Bane.
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 was at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.93 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹83.51 Lakh (net margin 1.2%) and EBITDA of ₹1.12 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 30% over five years.
The company had about 337 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is topsource.in.
Company details
Contact details
Topsource Support Services Private Limited's registered office is in Pune, Maharashtra. Its website is topsource.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Raheja Woods Bldg. No. 4, Riverside West Avenue Kalyani Nagar, Pune, Maharashtra, India – 411006
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Topsource Support 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 Topsource Support Services is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Topsource Support Services Private Limited, buy the company report.
Financials of Topsource Support Services Private Limited
FY 2024 filings availableTopsource Support Services Private Limited reported revenue of ₹68.93 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 30% growth in the latest year. EBITDA rose 82% 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 | ₹1.12 Cr | ||||
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| Net Profit (PAT) | ₹83.51 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 | 1.6% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Topsource Support Services Private Limited, buy the company report.
Board of directors of Topsource Support Services Private Limited
Topsource Support Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| William Wallace Hastings Also directs: Topsource Infotech Solutions Private Limited | Director | 28 Mar 2022 | 4 Years 6 Months | As last reported |
| Sunil Waman Bane Also directs: Topsource Infotech Solutions Private Limited | Director | 24 Jul 2024 | 2 Years 3 Months | As last reported |
| Bryan Nicholas Davies Also directs: Topsource Infotech Solutions Private Limited | Director | 28 Mar 2022 | 4 Years 6 Months | As last reported |
| Sachin Bharat Disa Also directs: Topsource Infotech Solutions Private Limited | Director | 10 Jan 2014 | 12 Years 9 Months | As last reported |
Auditor
Topsource Support Services Private Limited is audited by KIRTANE & PANDIT LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRTANE & PANDIT LLP | FY 2023 | 105215W/W100057 |
Shareholding
The shareholding of Topsource Support 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 Topsource Support Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Topsource Support 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 Topsource Support Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Topsource Support Services Private Limited has a workforce of 337 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Topsource Support Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT8865B1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Topsource Support Services Private Limited, buy the company report.
Recent activity
Topsource Support Services Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Sunil Waman Bane was appointed as Director on 24 Jul 2024.
Frequently asked questions
Topsource Support Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Topsource Support Services was a private limited company based in Pune, Maharashtra, India. The company worked in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 January 2014 and is registered under CIN U93000PN2014PTC150131. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Topsource Support Services was incorporated on 10 January 2014. It is registered with the Registrar of Companies, Pune.
Topsource Support Services had 4 directors:
- William Wallace Hastings - Director
- Sunil Waman Bane - Director
- Bryan Nicholas Davies - Director
- Sachin Bharat Disa - Director
The CIN (Corporate Identification Number) of Topsource Support Services is U93000PN2014PTC150131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Topsource Support Services is at 3rd Floor Raheja Woods Bldg. No. 4, Riverside West Avenue Kalyani Nagar, Pune, Maharashtra, India – 411006.
Topsource Support Services can be reached through the website topsource.in. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Topsource Support 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 Topsource Support Services is 27AAECT8865B1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Topsource Support Services operated in the business outsourcing industry, in the HR outsourcing and talent management segment.