About Hermes Business Solutions Private Limited
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Hermes Business Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 September 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2013PTC092916.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sundara Palanichamy Sankara Narayanan and Annamalainadar Palanichamy.
Its last annual general meeting (AGM) was held on 28 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.72 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹10,392 (net margin 3.8%) and EBITDA of ₹10,392 (EBITDA margin 3.8%).
The last known website on record is hermessolutions.in.
Company details
Contact details
Hermes Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is hermessolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNew No.80/7 Old No.55/7 Venkat Nilayam Flatno.7 3rd Floor 2nd Main Road Gandhi Nagar Ad, Yar, Chennai, Tamil Nadu, India – 600020
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Hermes Business Solutions Private Limited, 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
Business activity
The main business activity of Hermes Business Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Hermes Business Solutions Private Limited, buy the company report.
Financials of Hermes Business Solutions Private Limited
FY 2015 filings availableHermes Business Solutions Private Limited reported revenue of ₹2.72 Lakh (up 12% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.72 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹10,392 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹10,392 |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 3.8% |
| Net Profit Margin | 3.8% |
| 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 Hermes Business Solutions Private Limited, buy the company report.
Board of directors of Hermes Business Solutions Private Limited
Hermes Business 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 |
|---|---|---|---|---|
| Sundara Palanichamy Sankara Narayanan Also directs: I - Net Secure Labs Private Limited | Director | 10 Sep 2013 | 13 Years 1 Months | As last reported |
| Annamalainadar Palanichamy | Director | 30 Mar 2016 | 10 Years 7 Months | As last reported |
Shareholding
The shareholding of Hermes Business Solutions Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hermes Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hermes Business 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 Hermes Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hermes Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hermes Business Solutions Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Annamalainadar Palanichamy was appointed as Director on 30 Mar 2016.
Frequently asked questions
Hermes Business Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hermes Business Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 September 2013 and is registered under CIN U74999TN2013PTC092916. The company has been struck off by the Registrar of Companies and is no longer operational.
Hermes Business Solutions had 2 directors:
- Sundara Palanichamy Sankara Narayanan - Director
- Annamalainadar Palanichamy - Director
The CIN (Corporate Identification Number) of Hermes Business Solutions is U74999TN2013PTC092916. 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 Hermes Business Solutions is at New No.807 Old No.557 Venkat Nilayam Flatno.7 3rd Floor 2nd Main Road Gandhi Nagar Ad, Yar, Chennai, Tamil Nadu, India – 600020.
Hermes Business Solutions was incorporated on 10 September 2013. It is registered with the Registrar of Companies, Chennai.
Hermes Business Solutions can be reached through the website hermessolutions.in. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Hermes Business Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 28 September 2015. Year-wise statements from 2015 are in the company report.
Hermes Business Solutions operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
Annamalainadar Palanichamy was appointed as Director on 30 Mar 2016. Chenthil Perumal Ramasubbu ceased to be Additional Director on 30 Mar 2016. Manimaran Alagar Oppilamani ceased to be Additional Director on 03 Aug 2015. Hermes Business Solutions has 6 board changes on record in total.
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