H G C Foundation Pvt Ltd
About H G C Foundation Pvt Ltd
Data last updated:
H G C Foundation Pvt Ltd was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 21 August 1981.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1981PTC025060. Its GSTIN is 27AAACH0056L2ZN (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.66 Lakh. It was led by directors including Rakhi Som and Arti Gupta Bhardwaj.
Its last annual general meeting (AGM) was held on 02 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.38 Lakh, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹3.79 Lakh (net margin 70.4%) and EBITDA of ₹5.06 Lakh (EBITDA margin 94%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 50% over five years.
Company details
CIN history
H G C Foundation has one previous CIN (Corporate Identification Number): U67120MH2004PTC025060. The current CIN is U67120MH1981PTC025060, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1981PTC025060 | Current |
| U67120MH2004PTC025060 | Previous |
Contact details
H G C Foundation Pvt Ltd's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSb – 12B – 01 & Sb – 12B – 02 12B Floor Empire Tower Cloud City Campus Off. Thane Belapur Ro, Ad Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryFinancial Services, Financial Activities
To see the full contact details of H G C Foundation Pvt Ltd, 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
Financials of H G C Foundation Pvt Ltd
FY 2023 filings availableH G C Foundation Pvt Ltd reported revenue of ₹5.38 Lakh (up 60% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 60% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 62% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.06 Lakh | ||||
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| Net Profit (PAT) | ₹3.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 94% | ||||
| Net Profit Margin | 70.4% | ||||
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To see the full financial statements and ratios of H G C Foundation Pvt Ltd, buy the company report.
Board of directors of H G C Foundation Pvt Ltd
H G C Foundation has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakhi Som Also directs: Enviflow Engineering Private Limited | Director | 24 Dec 2020 | 5 Years 10 Months | As last reported |
| Arti Gupta Bhardwaj | Director | 24 Dec 2020 | 5 Years 10 Months | As last reported |
| Sudha Pravin Navandar Also directs: Saksham Insolvency Resolution LLP, Sudarshan Colorants India Limited, Sudarshan Chemical Industries Limited and 5 more | Irp/Rp/Liquidator | 11 Oct 2023 | 3 Years 0 Months | As last reported |
| Vinay Krishnarao Goggi Also directs: Jacobs Solutions India Private Limited | Director | 06 Sep 2019 | 7 Years 1 Months | As last reported |
Auditor
H G C Foundation Pvt Ltd is audited by A. J. Shah & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. J. Shah & Co. | FY 2017 | 109477W |
Shareholding
The shareholding of H G C Foundation Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of H G C Foundation Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving H G C Foundation Pvt Ltd 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 H G C Foundation Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
H G C Foundation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH0056L2ZN | Maharashtra | Active | 11 Oct 2019 |
To see the full GST registrations and return filing status of H G C Foundation Pvt Ltd, buy the company report.
Recent activity
H G C Foundation Pvt Ltd has 18 board changes on record since 2007: 4 appointments and 14 cessations. The latest: Sudha Pravin Navandar was appointed as Irp/Rp/Liquidator on 11 Oct 2023.
9 earlier events are in the company report.
Frequently asked questions
H G C Foundation has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
H G C Foundation was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 21 August 1981 and is registered under CIN U67120MH1981PTC025060. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
H G C Foundation was incorporated on 21 August 1981. It is registered with the Registrar of Companies, Mumbai.
H G C Foundation had 4 directors:
- Rakhi Som - Director
- Arti Gupta Bhardwaj - Director
- Vinay Krishnarao Goggi - Director
- Sudha Pravin Navandar - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of H G C Foundation is U67120MH1981PTC025060. 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 H G C Foundation is at Sb – 12B – 01 & Sb – 12B – 02 12B Floor Empire Tower Cloud City Campus Off. Thane Belapur Ro, Ad Airoli, Navi Mumbai, Maharashtra, India – 400708.
The latest financial statements of H G C Foundation on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 02 June 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of H G C Foundation is 27AAACH0056L2ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
H G C Foundation operated in the financial services industry, in the financial activities segment.
Sudha Pravin Navandar was appointed as Irp/Rp/Liquidator on 11 Oct 2023. Mehul Mahendra Lakhani ceased to be Director on 09 Feb 2021. Arti Gupta Bhardwaj was appointed as Director on 24 Dec 2020. H G C Foundation has 18 board changes on record in total.