About HPS Wellness Private Limited
Data last updated:
HPS Wellness Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the business support services segment of the business services sector. It was incorporated on 28 April 2016.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2016PTC164188. Its GSTIN is 27AADCH9374G1Z9 (Maharashtra).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.67 Lakh. It was led by directors Chandrashekhar Ramkrishna Desai and Chandrashekhar Eknath Potnis.
Its last annual general meeting (AGM) was held on 28 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Advait A – 69 Puru Co – Op Hsg. Soc. 235 – A Viman Nagar Lohagaon, Pune, Maharashtra, India – 411032.
As per the financials filed for FY 2022, the company reported a revenue of ₹31.6 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹51.09 Lakh (net margin -161.7%) and EBITDA of -₹49.77 Lakh (EBITDA margin -157.5%). Revenue has grown at a compounded annual rate (CAGR) of 147% over three years.
Court records list 1 case involving the company, including 1 filed by the company. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹6.95 Cr; the latest was in November 2019.
The last known website on record is hpswellness.com.
Company details
Contact details
HPS Wellness Private Limited's registered office is in Pune, Maharashtra. Its website is hpswellness.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAdvait A – 69 Puru Co – Op Hsg. Soc. 235 – A Viman Nagar Lohagaon, Pune, Maharashtra, India – 411032
- IndustryBusiness Services, Business Support Services
To see the full contact details of HPS Wellness 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 HPS Wellness is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of HPS Wellness Private Limited, buy the company report.
Financials of HPS Wellness Private Limited
FY 2022 filings availableHPS Wellness Private Limited reported revenue of ₹31.6 Lakh (up 74% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 147% over three years, including 74% growth in the latest year. EBITDA rose 59% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹31.6 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹49.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹51.09 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 | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -157.5% | ||||
| Net Profit Margin | -161.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of HPS Wellness Private Limited, buy the company report.
Board of directors of HPS Wellness Private Limited
HPS Wellness has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekhar Ramkrishna Desai | Director | 28 Apr 2016 | 10 Years 6 Months | As last reported |
| Chandrashekhar Eknath Potnis | Director | 28 Apr 2016 | 10 Years 6 Months | As last reported |
Auditor
HPS Wellness Private Limited is audited by CHANDORKAR & LIMAYE for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDORKAR & LIMAYE | FY 2019 | 101669W |
Shareholding
The shareholding of HPS Wellness Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HPS Wellness Private Limited, buy the company report.
Deals & funding
HPS Wellness Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹6.95 Cr; the latest was in November 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Eclipse Investments Llc |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2019 | Funding round | ₹3.81 Cr | Investors: Eclipse Investments Llc |
| Nov 2018 | Funding round | ₹1.8 Cr | Investors: Eclipse Investments Llc |
| Oct 2017 | Funding round | ₹1.35 Cr | Investors: Eclipse Investments Llc |
To see the full deal history of HPS Wellness Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HPS Wellness Private Limited has 1 court case on record: 1 filed by HPS Wellness. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of HPS Wellness Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HPS Wellness Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HPS Wellness has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH9374G1Z9 | Maharashtra | Active | 01 Mar 2018 |
To see the full GST registrations and return filing status of HPS Wellness Private Limited, buy the company report.
Recent activity
HPS Wellness Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Sultan Said Al Ghaithi ceased to be Additional Director on 28 Jun 2022.
Frequently asked questions
HPS Wellness has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
HPS Wellness was a private limited company based in Pune, Maharashtra, India. The company worked in business support services, within the business services industry. It was incorporated on 28 April 2016 and is registered under CIN U72900PN2016PTC164188. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
HPS Wellness was incorporated on 28 April 2016. It is registered with the Registrar of Companies, Pune.
HPS Wellness had 2 directors:
- Chandrashekhar Ramkrishna Desai - Director
- Chandrashekhar Eknath Potnis - Director
The CIN (Corporate Identification Number) of HPS Wellness is U72900PN2016PTC164188. 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 HPS Wellness is at Advait A – 69 Puru Co – Op Hsg. Soc. 235 – A Viman Nagar Lohagaon, Pune, Maharashtra, India – 411032.
HPS Wellness can be reached through the website hpswellness.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of HPS Wellness on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 June 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of HPS Wellness is 27AADCH9374G1Z9, registered in Maharashtra.
HPS Wellness operated in the business services industry, in the business support services segment.
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