Whyflex Incorporation Private Limited

Whyflex Incorporation Private Limited - business outsourcing in Bangalore North, Karnataka, India. FY 2026 financials and compliance.
CIN U74110KA2016PTC086378 Incorporated 22 February 2016 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2021
₹6.96 Cr
▲ 350.00% YoY
EBITDA · FY 2021
Locked
In full report
Net profit · FY 2021
Locked
In full report
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.89 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
32
Latest available

About Whyflex Incorporation Private Limited

Data last updated: 13 February 2026

Whyflex Incorporation Private Limited is a private limited company based in Bangalore North, Karnataka, India. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 22 February 2016, the company has been in operation for over 10 years.

Registered with ROC Bangalore under CIN U74900KA2016PTC086378.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. Formerly known as Whyflex Human Capital Solutions Private Limited. It is led by directors Mallikarjun Matmari and Ediga Ganesh Kumar.

Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Bangalore North, Karnataka.

As per the financials filed for FY 2021, the company reported a revenue of ₹6.96 Cr, reflecting significant growth compared to the previous year.

The company has a workforce of approximately 32 employees as per the latest available data.

The company is associated with 1 brand - Whyflex. As per MCA filings, the company has open charges of ₹4.89 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 whyflexhcs.com.

Company Details of Whyflex Incorporation Private Limited
CIN U74110KA2016PTC086378
Registration Number 086378
Incorporation Date 22 February 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    No 224 3Rd Floor Ranka Junction, 80/3 Vijinapura Villege Old Madras Rd, Bangalore North, Karnataka, India – 560016
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
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Financials, compliance, directors, charges, ownership and filings for Whyflex Incorporation Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Whyflex Incorporation Private Limited

Whyflex Incorporation Private Limited has one previous CIN (Corporate Identification Number): U74900KA2016PTC086378. The current CIN is U74110KA2016PTC086378, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74110KA2016PTC086378 Current
U74900KA2016PTC086378 Previous

Associated Brands with Whyflex Incorporation Private Limited

Whyflex Incorporation Private Limited operates one associated brand: WhyFlex. These brands represent Whyflex Incorporation Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Offers permanent recruiting, IT staff augmentation, temporary staffing, advisory consulting, executive search, and skill development. whyflexhcs.com

Competitors & Alternatives of Whyflex Incorporation Private Limited

Brands and companies operating in the same space as Whyflex Incorporation Private Limited include Randstad, CIEL HR, Alera Group and 7 more.

Competitor Description Location Founded
Randstad Randstad HR consulting, recruitment, and outsourcing services are offered worldwide. Diemen, Netherlands, Netherlands 1960
CIEL HR CIEL HR HR management, recruitment, and staffing services are provided. Bengaluru, India, India 2015
Alera Group Alera Group HR, insurance, and liability services are provided by Alera Group. Deerfield, United States, United States 1995
UKG UKG Provider of HR and payroll & workforce management solutions Weston, United States, United States 1977
Wanted Wanted HR management services are provided by Wanted in South Korea. Seoul, South Korea, South Korea 2015
Bullhorn Bullhorn Cloud-based ATS and CRM systems are offered for staffing agencies. Boston, United States, United States 1999
Gi Group Gi Group End-to-end HR services are provided globally by Gi Group. Milan, Italy, Italy 1998
ADP ADP Cloud-based HR management solutions are offered for payroll and compliance. Roseland, United States, United States 1949
Insperity Insperity HR outsourcing services are provided to businesses by Insperity. Kingwood, United States, United States 1986
HR Path HR Path HR and payroll outsourcing plus consulting services are provided. Nanterre, France, France 2001

Business Activity of Whyflex Incorporation Private Limited

Whyflex Incorporation 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
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Board of Directors of Whyflex Incorporation Private Limited

Whyflex Incorporation Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mallikarjun Matmari Director 22 Feb 2016 10 Years 5 Months Current
Ediga Ganesh Kumar Director 02 Mar 2020 6 Years 5 Months Current

Financials of Whyflex Incorporation Private Limited FY 2022 filings available

Whyflex Incorporation Private Limited reported revenue of ₹6.96 Cr (up 350.00% YoY) for FY 2021.

Revenue · FY 2021
₹6.96 Cr ▲ 350.00%
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Ten-year financial statements for Whyflex Incorporation Private Limited

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Charges & Borrowings of Whyflex Incorporation Private Limited

Open charges
₹4.89 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Canara Bank₹4.89 Cr
Latest charge details
DateLenderAmountStatus
18 Sep 2019 Canara Bank ₹4.89 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Whyflex Incorporation Private Limited

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Employee and EPFO history for Whyflex Incorporation Private Limited

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GST Compliance of Whyflex Incorporation Private Limited

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GST registrations and filing compliance for Whyflex Incorporation Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Whyflex Incorporation Private Limited

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Credit ratings, litigation, and regulatory alerts for Whyflex Incorporation Private Limited

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MSME Payment Delays by Whyflex Incorporation Private Limited

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MSME payment history for Whyflex Incorporation Private Limited

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Subsidiaries & Group Companies of Whyflex Incorporation Private Limited

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Corporate group structure for Whyflex Incorporation Private Limited

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MCA Filings & Documents of Whyflex Incorporation Private Limited

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MCA filings and documents for Whyflex Incorporation Private Limited

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Recent Activity on Whyflex Incorporation Private Limited

Charges
25 Nov 2024
A charge with Canara Bank of Rs. 489.18 Lakh registered on 18 Sep 2019 with Charge ID 100292880 was modified on 25 Nov 2024.
Activity
30 Sep 2022
Whyflex Incorporation Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Activity
31 Mar 2022
Whyflex Incorporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Directors
02 Mar 2020
Ediga Ganesh Kumar was appointed as a Director on 02 Mar 2020 & has been associated with this company since 6 years 5 months.
Charges
18 Sep 2019
A charge with Canara Bank amounted to Rs. 489.18 Lakh with Charge ID 100292880 was registered on 18 Sep 2019.
Directors
22 Feb 2016
Mallikarjun Matmari was appointed as a Director on 22 Feb 2016 & has been associated with this company since 10 years 5 months.

Frequently Asked Questions about Whyflex Incorporation Private Limited

Whyflex Incorporation Private Limited is an active private limited company in the business outsourcing sector based in Bangalore North, Karnataka, India. It was incorporated on 22 February 2016 (10+ years old) and is registered under CIN U74110KA2016PTC086378. The company has 32 employees.

Whyflex Incorporation Private Limited reported revenue of ₹6.96 Cr for FY 2021 (up 350.00% YoY).

The current directors of Whyflex Incorporation Private Limited are:

The primary industry of Whyflex Incorporation Private Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.

Whyflex Incorporation Private Limited can be reached at the registered office: No 224 3Rd Floor Ranka Junction, 803 Vijinapura Villege Old Madras Rd, Bangalore North, Karnataka, India – 560016, or through the website whyflexhcs.com.

The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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