Home Direct Retail Solutions Private Limited

Home Direct Retail Solutions Private Limited - information technology in Bomanahalli, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2021PTC145381 Incorporated 16 March 2021 ROC Bangalore HQ Bomanahalli, Karnataka, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2023
₹39.39 Lakh
▲ 275% YoY
Net loss · FY 2023
₹1.75 Lakh
Net margin -4.5%
EBITDA · FY 2023
-₹13,353
EBITDA margin -0.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2023
Balance sheet date

About Home Direct Retail Solutions Private Limited

Data last updated:

Home Direct Retail Solutions Private Limited is a private limited company based in Bomanahalli, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 16 March 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC145381.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Natarajan Baskaran (Managing Director) and Venkatesha Nagaraja Vysya.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.410 Jr Mak Woods 1st Cross Old Mangama Palya Road, Bomanahalli, Karnataka, India – 560068.

As per the financials filed for FY 2023, the company reported a revenue of ₹39.39 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.75 Lakh (net margin -4.5%) and EBITDA of -₹13,353 (EBITDA margin -0.3%).

Home Direct Retail Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0065837). For more details, the company can be reached via its website homedirect.in.

Company details

CIN U72900KA2021PTC145381
Registration Number 145381
Incorporation Date 16 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0065837
Key People
Natarajan Baskaran Managing Director Venkatesha Nagaraja Vysya Director Rajappan Jaykumar Director

Recognitions & Rankings of Home Direct Retail Solutions

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0065837

Contact details

Home Direct Retail Solutions Private Limited's registered office is in Bomanahalli, Karnataka.

  • Registered Address
    No.410 Jr Mak Woods 1st Cross Old Mangama Palya Road, Bomanahalli, Karnataka, India – 560068
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Home Direct Retail Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Home Direct Retail Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Home Direct Retail Solutions Private Limited, buy the company report.

Financials of Home Direct Retail Solutions Private Limited

FY 2023 filings available

Home Direct Retail Solutions Private Limited reported revenue of ₹39.39 Lakh (up 275% YoY) for FY 2023.

Revenue · FY 2023
₹39.39 Lakh ▲ 275%
Net loss · FY 2023
₹1.75 Lakh margin -4.5%
EBITDA · FY 2023
-₹13,353 margin -0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 275%
EBITDA CAGR growth
1 year
▲ 94%

Revenue rose 275% in the latest year. EBITDA rose 94% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
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-₹13,353
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.75 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

MetricsFY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.3%
Net Profit Margin-4.5%
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 Home Direct Retail Solutions Private Limited, buy the company report.

Board of directors of Home Direct Retail Solutions Private Limited

Home Direct Retail Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Natarajan Baskaran
Also directs: Modith Investments Private Limited
Managing Director16 Mar 20215 Years 7 MonthsCurrent
Venkatesha Nagaraja Vysya
Also directs: Milkino Dairy Private Limited, Ilika Organics and Naturals Private Limited, Utf Technologies India Private Limited and 1 more
Director16 Mar 20215 Years 7 MonthsCurrent
Rajappan Jaykumar
Also directs: Jaykas Foods Private Limited, Five Elements Design Solutions Private Limited, Kemia Isoftware Limited and 1 more
Director16 Mar 20215 Years 7 MonthsCurrent
View all directors

Peer comparison

Home Direct Retail Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tenuptech Innovation Private Limited₹39.43 Lakh (FY 2024)85.0%Ambala, Haryana, India
Helium Consulting Private Limited₹39.42 Lakh (FY 2025)-53.0%Pune, Maharashtra, India
Haut IT Solutions Private Limited₹39.42 Lakh (FY 2024)-10.0%New Delhi, Delhi, India
Home Direct Retail Solutions Private Limitedthis company₹39.39 Lakh (FY 2023)-₹1.75 Lakh-4.5%275.0%Bomanahalli, Karnataka, India
Noi Software Private Limited₹39.38 Lakh (FY 2024)14.0%Mumbai, Maharashtra, India
Vedhase Consulting Services Private Limited₹39.38 Lakh (FY 2025)282.0%Hyderabad, Telangana, India
Amudhalakshmi Systems Private Limited₹39.37 Lakh (FY 2025)0.0%Chennai, Tamil Nadu, India
Tezipay Tech Solution Private Limited₹39.37 Lakh (FY 2024)New Delhi, Delhi, India
Divson Retail India Private Limited₹39.36 Lakh (FY 2025)85.0%New Delhi, Delhi, India

To see the full peer comparison of Home Direct Retail Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Home Direct Retail 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 Home Direct Retail Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Home Direct Retail Solutions Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Chennakeshavaiah Sreekanta Swamy ceased to be Director on 17 Mar 2022.

AGM
Home Direct Retail Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Home Direct Retail Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Chennakeshavaiah Sreekanta Swamy ceased to be Director.
Appointed
Natarajan Baskaran was appointed as Managing Director.
Appointed
Rajappan Jaykumar was appointed as Director.
Appointed
Venkatesha Nagaraja Vysya was appointed as Director.
Incorporation
16 Mar 2021
Home Direct Retail Solutions Private Limited was registered on 16 Mar 2021 with Roc Bangalore & aged 5 years 7 months as per MCA records.

Frequently asked questions

Home Direct Retail Solutions is an active private limited company based in Bomanahalli, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 16 March 2021 (5+ years old) and is registered under CIN U72900KA2021PTC145381.

Home Direct Retail Solutions has 3 current directors:

The latest financial statements of Home Direct Retail Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Home Direct Retail Solutions is U72900KA2021PTC145381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Home Direct Retail Solutions was incorporated on 16 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Home Direct Retail Solutions by revenue are Tenuptech Innovation Private Limited, Helium Consulting Private Limited, Haut IT Solutions Private Limited, Noi Software Private Limited, Vedhase Consulting Services Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Chennakeshavaiah Sreekanta Swamy ceased to be Director on 17 Mar 2022. Natarajan Baskaran was appointed as Managing Director on 16 Mar 2021. Rajappan Jaykumar was appointed as Director on 16 Mar 2021. Home Direct Retail Solutions has 4 board changes on record in total.

Yes, Home Direct Retail Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Home Direct Retail Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0065837).

Home Direct Retail Solutions can be reached through the website homedirect.in. Its registered office is in Bomanahalli, Karnataka, India.

The registered office of Home Direct Retail Solutions is at No.410 Jr Mak Woods 1st Cross Old Mangama Palya Road, Bomanahalli, Karnataka, India – 560068.