First Meridian Unlisted Shares
First Meridian Business Services Ltd.
INE0X1X01026
Listing Status: DRHP Filed
About First Meridian Unlisted Shares
Overview of First Meridian Unlisted Shares
Genesis:
- They are a human resources platform formed by world-renowned investors to deliver end-to-end HR solutions and build a winning workforce that thrives in change.
- Their customers span across industry sectors, including Telecom, Retail, BFSI, IT, ITES, E-Commerce, Manufacturing, Engineering, and Logistics.
Founded: Bengaluru, 2018
Market Position: Third-largest staffing company by revenue in India.
Operational Reach:
- Employs 126,824 associates
- Serves over 1,200 clients
- Operations from more than 3,500 locations nationwide
Business Segments
Segment | Service |
General staffing and allied services |
|
Global technology solutions |
|
Other HR services |
|
Clients based on business segments:
Management
- Received the Certificate of Excellence for 'Best Technology Enabled Staffing Solutions' at the Achiever's Awards 2022, recognizing the significant contributions made by DigiOne and DigiTrac.
- Awarded the Brand Impact Award 2022 by the Indian Achievers’ Forum for Outstanding Professional Achievement and Contribution to Nation Building.
Subsidiaries
First Meridian Business Services Limited has six wholly-owned subsidiaries, of which five are direct subsidiaries and one is an indirect subsidiary.
Name |
PAT (FY22) (in INR Crs.) |
Revenue (FY22) (in INR Crs.) |
Direct Subsidiaries |
|
|
Innovsource Services Private Limited |
20.3 |
1586 |
Innovsource Facilities Private Limited |
0.23 |
29 |
V5 Global Services Private Limited |
22.0 |
1031 |
Affluent Global Services Private Limited |
15.4 |
111 |
CBSI India Private Limited |
4.4 |
71 |
Indirect Subsidiary |
|
|
RLabs Enterprise Services Limited |
8.0 |
116 |