About Ultimate Search Private Limited
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Ultimate Search Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 29 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC240046. Its GSTIN is 27AABCU5569N1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jadawati Kedarnath Vishwakarma and Rashmi Kedarnath Vishwakarma.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.94 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Lakh (net margin 15.2%) and EBITDA of ₹3.25 Lakh (EBITDA margin 21.8%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultimatesearch.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No11 & 12 Happy Home Estate – 1 Building No 96 Opp Sector – 9 Ne Allahabad Bank Mira R, Oad (East), Thane, Maharashtra, India – 401107
- 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
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Business Activity of Ultimate Search Private Limited
The main business activity of Ultimate Search is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy 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 Ultimate Search Private Limited FY 2025 filings available
Ultimate Search Private Limited reported revenue of ₹14.94 Lakh (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ultimate Search Private Limited
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 69% 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 of Ultimate Search Private Limited
| Metrics | FY 2024-25 | 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 | ₹3.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.27 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ultimate Search Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.2% | •••• | •••• | •••• | •••• |
| 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 Ultimate Search are in the company report.
Financial statements from 2015
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 Ultimate Search Private Limited
Ultimate Search 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 |
|---|---|---|---|---|---|---|
| Albot Technologies Private Limited | ₹15 Lakh (FY 2021) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Apaixon HR Outsourcing Solutions Private Limited | ₹15 Lakh (FY 2025) | •••• | •••• | 455.0% | •••• | Kochi, Kerala, India |
| Procognition Technologies Private Limited | ₹14.99 Lakh (FY 2020) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Dagar & Antil Services Private Limited | ₹14.97 Lakh (FY 2019) | •••• | •••• | 731.0% | •••• | Sonipat, Haryana, India |
| Konnect HR Services Private Limited | ₹14.96 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Ultimate Search Private Limited this company | ₹14.94 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Thane, Maharashtra, India |
| Sentinel Workforce Private Limited | ₹14.92 Lakh (FY 2025) | •••• | •••• | •••• | Khurda, Odisha, India | |
| Midas Powertech Private Limited | ₹14.91 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Mumbai, Maharashtra, India |
| Wave 9 IT Solutions Private Limited | ₹14.91 Lakh (FY 2024) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| United Stalwarts Private Limited | ₹14.9 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Exemplary People Private Limited | ₹14.9 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ultimate Search 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 Ultimate Search Private Limited
Ultimate Search Private Limited is audited by SARVAIYA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARVAIYA & 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 Ultimate Search Private Limited
Ultimate Search has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jadawati Kedarnath Vishwakarma | Director | 21 Aug 2025 | 1 Years 1 Months | Current |
| Rashmi Kedarnath Vishwakarma | Director | 29 Jan 2013 | 13 Years 8 Months | Current |
Ownership and Shareholding of Ultimate Search 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 Ultimate Search Private Limited
Ultimate Search Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ultimate Search Private Limited
Employment history and EPFO contributions of people linked to Ultimate Search.
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 Ultimate Search Private Limited
Ultimate Search Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Jadawati Kedarnath Vishwakarma ceased to be Additional Director on 29 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Ultimate Search 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 Ultimate Search 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 Ultimate Search 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 Ultimate Search Private Limited
Ultimate Search has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU5569N1ZM | Maharashtra | Active | 01 Jul 2017 |
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 Ultimate Search 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 Ultimate Search Private Limited
Ultimate Search is an active private limited company based in Thane, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 29 January 2013 (13+ years old) and is registered under CIN U74900MH2013PTC240046.
Ultimate Search reported revenue of ₹14.94 Lakh for FY 2025 (down 62% YoY).
Ultimate Search has 2 current directors:
- Jadawati Kedarnath Vishwakarma - Director
- Rashmi Kedarnath Vishwakarma - Director
Ultimate Search reported a net profit of ₹2.27 Lakh (net margin 15.2%) and EBITDA of ₹3.25 Lakh (EBITDA margin 21.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ultimate Search is -31% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ultimate Search is 27AABCU5569N1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ultimate Search is U74900MH2013PTC240046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultimate Search was incorporated on 29 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ultimate Search by revenue are Albot Technologies Private Limited, Apaixon HR Outsourcing Solutions Private Limited, Procognition Technologies Private Limited, Dagar & Antil Services Private Limited, Konnect HR Services Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Jadawati Kedarnath Vishwakarma ceased to be Additional Director on 29 Sep 2025. Jadawati Kedarnath Vishwakarma was appointed as Director on 21 Aug 2025. Manish Kedarnath Vishwakarma ceased to be Director on 21 Aug 2025. Ultimate Search has 5 board changes on record in total.
Ultimate Search can be reached through the website ultimatesearch.in. Its registered office is in Thane, Maharashtra, India.