About Haggs IT Solutions Private Limited
Data last updated:
Haggs IT Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 22 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC103398. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mydeen Kunju Kuraisha Beevi Irfan (Managing Director) and Velaiswamy Devar Selvaraj Premavathy.
Its last annual general meeting (AGM) was held on 04 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at New No: 64 Old No: 181 Gandhi Road Velachery, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.34 Lakh (net margin 1.7%) and EBITDA of ₹5.4 Lakh (EBITDA margin 2.2%).
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website haggsitc.com.
Company details
Contact details
Haggs IT Solutions Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNew No: 64 Old No: 181 Gandhi Road Velachery, Chennai, Tamil Nadu, India – 600042
- IndustryInformation Technology, Data Processing, Hosting And Related Activities
- 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 Haggs IT Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Haggs IT Solutions Private Limited, buy the company report.
Financials of Haggs IT Solutions Private Limited
FY 2018 filings availableHaggs IT Solutions Private Limited reported revenue of ₹2.51 Cr (up 712% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 712% in the latest year. EBITDA rose 256% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| 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 | ₹5.4 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.34 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 | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.2% | ||
| Net Profit Margin | 1.7% | ||
| 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 | |||
To see the full financial statements and ratios of Haggs IT Solutions Private Limited, buy the company report.
Board of directors of Haggs IT Solutions Private Limited
Haggs IT Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mydeen Kunju Kuraisha Beevi Irfan | Managing Director | 31 Jan 2019 | 7 Years 8 Months | Current |
| Velaiswamy Devar Selvaraj Premavathy | Director | 31 Jan 2019 | 7 Years 8 Months | Current |
Peer comparison
Haggs IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iyetec Systems Private Limited | ₹2.53 Cr (FY 2025) | 15.0% | Chandigarh, India | |||
| Unnatim Payments Private Limited | ₹2.53 Cr (FY 2024) | 153.0% | Murshidabad, West Bengal, India | |||
| Yardhealth Innovation and Research Private Limited | ₹2.52 Cr (FY 2023) | Bhubaneswar, Odisha, India | ||||
| Nanda Professional Services Private Limited | ₹2.51 Cr (FY 2025) | 1904.0% | Amritsar, Punjab, India | |||
| Magicworks IT Solutions Private Limited | ₹2.51 Cr (FY 2025) | 50.0% | Pune, Maharashtra, India | |||
| Haggs IT Solutions Private Limitedthis company | ₹2.51 Cr (FY 2018) | ₹4.34 Lakh | 1.7% | 712.0% | Chennai, Tamil Nadu, India | |
| Inofnity Private Limited | ₹2.5 Cr (FY 2024) | 213.0% | Ghaziabad, Uttar Pradesh, India | |||
| VS Design Worx Private Limited | ₹2.5 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Cobaltzebra Info Technologies Private Limited | ₹2.49 Cr (FY 2021) | New Delhi, Delhi, India | ||||
| Iconic Softech Solutions Private Limited | ₹2.49 Cr (FY 2019) | -45.0% | Navi Mumbai, Maharashtra, India | |||
| SGRT Radiation Therapy India Private Limited | ₹2.49 Cr (FY 2025) | -27.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Haggs IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Haggs IT Solutions 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 Haggs IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Haggs IT Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Haggs IT Solutions Private Limited, buy the company report.
Recent activity
Haggs IT Solutions Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Adheem Mubarak Mehaboob ceased to be Director on 01 Feb 2019.
Frequently asked questions
Haggs IT Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in data processing, within the information technology industry. It was incorporated on 22 December 2015 (11+ years old) and is registered under CIN U72900TN2015PTC103398.
Haggs IT Solutions has 2 current directors:
- Mydeen Kunju Kuraisha Beevi Irfan - Managing Director
- Velaiswamy Devar Selvaraj Premavathy - Director
The latest financial statements of Haggs IT Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 04 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Haggs IT Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Haggs IT Solutions is U72900TN2015PTC103398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haggs IT Solutions was incorporated on 22 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Haggs IT Solutions by revenue are Iyetec Systems Private Limited, Unnatim Payments Private Limited, Yardhealth Innovation and Research Private Limited, Nanda Professional Services Private Limited, Magicworks IT Solutions Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Adheem Mubarak Mehaboob ceased to be Director on 01 Feb 2019. Mydeen Kunju Kuraisha Beevi Irfan was appointed as Managing Director on 31 Jan 2019. Velaiswamy Devar Selvaraj Premavathy was appointed as Director on 31 Jan 2019. Haggs IT Solutions has 6 board changes on record in total.
Haggs IT Solutions can be reached through the website haggsitc.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Haggs IT Solutions is at New No: 64 Old No: 181 Gandhi Road Velachery, Chennai, Tamil Nadu, India – 600042.
Haggs IT Solutions operates in the information technology industry, in the data processing segment.