Horizon Assignments (India) Private Limited

Horizon Assignments (India) Private Limited - telecom in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74140PN2003PTC018489 Incorporated 23 October 2003 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company telecom MSME · Small
Revenue · FY 2024
₹57.64 Cr
▲ 64% YoY
Net loss · FY 2024
₹5.68 Cr
Net margin -9.9%
EBITDA · FY 2024
-₹1.5 Cr
EBITDA margin -2.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.22 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Horizon Assignments (India) Private Limited

Data last updated:

Horizon Assignments (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 23 October 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74140PN2003PTC018489. Its GSTIN is 27AACCK3471G1ZL (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.22 Lakh. It is led by directors including Navneet Mittal and Saleem Nadeem.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 0301 Stilt Floor 3 Tower B6 Blue Ridge Township Hinjewadi Phase 1, Pune, Maharashtra, India – 411057.

As per the financials filed for FY 2024, the company reported a revenue of ₹57.64 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹5.68 Cr (net margin -9.9%) and EBITDA of -₹1.5 Cr (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 413% over three years and 99% over five years.

Horizon Assignments (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0111695). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website horizon-groupindia.com.

Company details

CIN U74140PN2003PTC018489
Registration Number 018489
Incorporation Date 23 October 2003
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0111695

Recognitions & Rankings of Horizon Assignments (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0111695

Contact details

Horizon Assignments (India) Private Limited's registered office is in Pune, Maharashtra. Its website is horizon-groupindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. 0301 Stilt Floor 3 Tower B6 Blue Ridge Township Hinjewadi Phase 1, Pune, Maharashtra, India – 411057
  • Industry
    Telecom, Telecom Equipment & Tech Solutions

To see the full contact details of Horizon Assignments (India) Private Limited, buy the company report.

Comprehensive company report
Horizon Assignments (India) 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 Horizon Assignments (India) is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Horizon Assignments (India) Private Limited, buy the company report.

Financials of Horizon Assignments (India) Private Limited

FY 2024 filings available

Horizon Assignments (India) Private Limited reported revenue of ₹57.64 Cr (up 64% YoY) for FY 2024.

Revenue · FY 2024
₹57.64 Cr ▲ 64%
Net loss · FY 2024
₹5.68 Cr margin -9.9%
EBITDA · FY 2024
-₹1.5 Cr margin -2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 413%
5 years · compounded
▲ 99%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▼ 119%
5 years · compounded
▼ 40%

Revenue has grown at a compounded annual rate (CAGR) of 99% over five years, including 64% growth in the latest year. EBITDA rose 74% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹1.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.68 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-2.6%
Net Profit Margin-9.9%
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 Horizon Assignments (India) Private Limited, buy the company report.

Board of directors of Horizon Assignments (India) Private Limited

Horizon Assignments (India) has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Auditor

Horizon Assignments (India) Private Limited is audited by M K R K & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M K R K & Co.FY 2023127900W

Shareholding

The shareholding of Horizon Assignments (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Horizon Assignments (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Horizon Assignments (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Horizon Assignments (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCK3471G1ZLMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Horizon Assignments (India) Private Limited, buy the company report.

Recent activity

Horizon Assignments (India) Private Limited has 19 board changes on record since 2008: 5 appointments and 14 cessations. The latest: Eishna Navneet Mittal ceased to be Additional Director on 30 Nov 2021.

AGM
Horizon Assignments (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Horizon Assignments (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Eishna Navneet Mittal ceased to be Additional Director.
Ceased
Meng Tiong Tan ceased to be Additional Director.
Ceased
Saleem Nadeem ceased to be Additional Director.
Appointed
Meng Tiong Tan was appointed as Director.
Appointed
Eishna Navneet Mittal was appointed as Director.
Appointed
Saleem Nadeem was appointed as Director.
Ceased
Sarita Rawat ceased to be Director.
Ceased
Arnima Navneet Mittal ceased to be Additional Director.
Appointed
Arnima Navneet Mittal was appointed as Director.
Ceased
Aruna Vinod Marwaha ceased to be Additional Director.

10 earlier events are in the company report.

Frequently asked questions

Horizon Assignments (India) is an active private limited company based in Pune, Maharashtra, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 23 October 2003 (23+ years old) and is registered under CIN U74140PN2003PTC018489.

Horizon Assignments (India) has 4 current directors:

The latest financial statements of Horizon Assignments (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Horizon Assignments (India) is 27AACCK3471G1ZL, registered in Maharashtra.

The CIN (Corporate Identification Number) of Horizon Assignments (India) is U74140PN2003PTC018489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Horizon Assignments (India) was incorporated on 23 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.

Eishna Navneet Mittal ceased to be Additional Director on 30 Nov 2021. Meng Tiong Tan ceased to be Additional Director on 30 Nov 2021. Saleem Nadeem ceased to be Additional Director on 30 Nov 2021. Horizon Assignments (India) has 19 board changes on record in total.

Yes, Horizon Assignments (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0111695).

Horizon Assignments (India) can be reached through the website horizon-groupindia.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Horizon Assignments (India) is at Flat No. 0301 Stilt Floor 3 Tower B6 Blue Ridge Township Hinjewadi Phase 1, Pune, Maharashtra, India – 411057.