About Hike Messenger Limited
Data last updated:
Hike Messenger Limited was a public limited foreign company incorporated in india based in New Delhi, Delhi, India, operated as a subsidiary of Hike Global Pte. Ltd.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 June 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2011FLC221516. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Bsb Innovation India Limited and Bsb Innovation India Private Limited. It was led by directors including Kavin Mittal Bharti and Karan K Chadha.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at World Mark 1 4th Floor Tower A Asset Area No.11 Hospitality District Igi Airport, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.14 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹5.61 Lakh (net margin -2.6%) and EBITDA of -₹4.03 Lakh (EBITDA margin -1.9%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
The company was associated with 1 brand: Hike. The company has 1 deal on record (1 acquisition); the latest was in December 2011.
The last known website on record is hike.in.
Company details
Name history
Hike Messenger has undergone 2 name changes throughout its history. The company was previously known as Bsb Innovation India Limited, and Bsb Innovation India Private Limited. The current legal name is Hike Messenger Limited.
| Company Name | Status |
|---|---|
| Hike Messenger Limited | Current |
| Bsb Innovation India Limited | Previous |
| Bsb Innovation India Private Limited | Previous |
CIN history
Hike Messenger has one previous CIN (Corporate Identification Number): U74900DL2011FTC221516. The current CIN is U74900DL2011FLC221516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL2011FLC221516 | Current |
| U74900DL2011FTC221516 | Previous |
Contact details
Hike Messenger Limited's registered office is in New Delhi, Delhi. Its website is hike.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressWorld Mark 1 4th Floor Tower A Asset Area No.11 Hospitality District Igi Airport, New Delhi, Delhi, India – 110037
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Hike Messenger 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 Hike Messenger is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Hike Messenger Limited, buy the company report.
Financials of Hike Messenger Limited
FY 2017 filings availableHike Messenger Limited reported revenue of ₹2.14 Cr (down 61% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 61% fall in the latest year. EBITDA rose 94% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.14 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.61 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.9% | ||
| Net Profit Margin | -2.6% | ||
| 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 Hike Messenger Limited, buy the company report.
Board of directors of Hike Messenger Limited
Hike Messenger has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavin Mittal Bharti Also directs: Kb1 Capital India Private Limited | Director | 15 Sep 2011 | 15 Years 1 Months | As last reported |
| Karan K Chadha | Director | 04 Jan 2017 | 9 Years 9 Months | As last reported |
| Hemant Goyal | Director | 15 Apr 2016 | 10 Years 6 Months | As last reported |
Auditor
Hike Messenger Limited is audited by J.C. BHALLA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.C. BHALLA & CO. | FY 2017 | 001111N |
Shareholding
The shareholding of Hike Messenger Limited 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 Hike Messenger Limited, buy the company report.
Deals & funding
Hike Messenger Limited has 1 deal on record (1 acquisition); the latest was in December 2011.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2011 | Acquisition | ₹2.99 Cr | Buyer: Bharti Soft Bank |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hike Messenger 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 Hike Messenger Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hike Messenger 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 Hike Messenger Limited, buy the company report.
Recent activity
Hike Messenger Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Karan K Chadha ceased to be Additional Director on 30 Sep 2017.
2 earlier events are in the company report.
News
Frequently asked questions
Hike Messenger has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hike Messenger was a public limited foreign company incorporated in india based in New Delhi, Delhi, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 June 2011 and is registered under CIN U74900DL2011FLC221516. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hike Messenger was incorporated on 27 June 2011. It is registered with the Registrar of Companies, Delhi.
Hike Messenger had 3 directors:
- Kavin Mittal Bharti - Director
- Karan K Chadha - Director
- Hemant Goyal - Director
The CIN (Corporate Identification Number) of Hike Messenger is U74900DL2011FLC221516. 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 Hike Messenger is at World Mark 1 4th Floor Tower A Asset Area No.11 Hospitality District Igi Airport, New Delhi, Delhi, India – 110037.
Hike Messenger can be reached through the website hike.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Hike Messenger on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Hike Messenger has 1 GST registration on record and it is cancelled or inactive.
Hike Messenger operated in the business outsourcing industry, in the business and IT consulting segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
