MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KR-03-0047967
Hari Prasad Convergences Private Limited
Hari Prasad Convergences Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.09 Cr
▲ 243% YoY
Net profit · FY 2022
₹1.66 Cr
Net margin 32.5%
EBITDA · FY 2022
₹2.72 Cr
EBITDA margin 53.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.46 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Hari Prasad Convergences Private Limited
Data last updated:
Hari Prasad Convergences Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 28 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC073855. Its GSTIN is 29AADCI5157N1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Infinite Connexions Private Limited. It is led by directors Hariprasad Guruprasad and Nandini Kollapuri Shankar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. 17/D 37th Cross 8th Block Jayanagar, Bangalore, Karnataka, India – 560082.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 32.5%) and EBITDA of ₹2.72 Cr (EBITDA margin 53.4%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹7.46 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Hari Prasad Convergences Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0047967). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74900KA2014PTC073855
Registration Number 073855
Incorporation Date 28 February 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0047967
Name history
Hari Prasad Convergences has undergone 3 name changes throughout its history. The company was previously known as Infinite Connexions Private Limited, Hari Prasad Convergences Private Limited, and Cyan Advisory Services Private Limited. The current legal name is Hari Prasad Convergences Private Limited.
| Company Name | Status |
|---|---|
| Hari Prasad Convergences Private Limited | Current |
| Infinite Connexions Private Limited | Previous |
| Cyan Advisory Services Private Limited | Previous |
Recognitions & Rankings of Hari Prasad Convergences
Contact details
Hari Prasad Convergences Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressNo. 17/D 37th Cross 8th Block Jayanagar, Bangalore, Karnataka, India – 560082
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Hari Prasad Convergences Private Limited, buy the company report.
Comprehensive company report
Hari Prasad Convergences 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 Hari Prasad Convergences is professional, scientific and technical. In detail, this covers legal activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M1 | Legal activities |
To see the full business activity and turnover split of Hari Prasad Convergences Private Limited, buy the company report.
Financials of Hari Prasad Convergences Private Limited
FY 2022 filings availableHari Prasad Convergences Private Limited reported revenue of ₹5.09 Cr (up 243% YoY) for FY 2022.
Revenue · FY 2022
₹5.09 Cr ▲ 243%
Net profit · FY 2022
₹1.66 Cr margin 32.5%
EBITDA · FY 2022
₹2.72 Cr margin 53.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 243%
3 years · compounded
▲ 141%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 228%
3 years · compounded
▲ 194%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 243% growth in the latest year. EBITDA rose 228% 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 |
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| EBITDA | ₹2.72 Cr | ||||
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| Net Profit (PAT) | ₹1.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 53.4% | ||||
| Net Profit Margin | 32.5% | ||||
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To see the full financial statements and ratios of Hari Prasad Convergences Private Limited, buy the company report.
Board of directors of Hari Prasad Convergences Private Limited
Hari Prasad Convergences has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hariprasad Guruprasad | Director | 28 Feb 2014 | 12 Years 7 Months | Current |
| Nandini Kollapuri Shankar | Director | 28 Feb 2014 | 12 Years 7 Months | Current |
Auditor
Hari Prasad Convergences Private Limited is audited by G V KRISHNA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V KRISHNA & ASSOCIATES | FY 2021 | 016068S |
Shareholding
The shareholding of Hari Prasad Convergences Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hari Prasad Convergences Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2023 | 100915560 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 20 Jul 2022 | 100604405 | Others | ₹3.86 Cr | Open | |
| 20 Jul 2022 | 100604661 | Others | ₹60 Lakh | Open | |
| 19 Jun 2021 | 100480758 | Hdfc Bank Limited | ₹2.5 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Hari Prasad Convergences Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by E I Technologies Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Hari Prasad Convergences 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 Hari Prasad Convergences Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hari Prasad Convergences has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI5157N1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hari Prasad Convergences Private Limited, buy the company report.
Recent activity
Hari Prasad Convergences Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Hariprasad Guruprasad was appointed as Director on 28 Feb 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100915560 was registered on 08 Jun 2023.
AGM
Hari Prasad Convergences Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 386.00 Lakh with Charge ID 100604405 was registered on 20 Jul 2022.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100604661 was registered on 20 Jul 2022.
Filing
Hari Prasad Convergences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100480758 was registered on 19 Jun 2021.
Appointed
Hariprasad Guruprasad was appointed as Director.
Appointed
Nandini Kollapuri Shankar was appointed as Director.
Incorporation
28 Feb 2014
Hari Prasad Convergences Private Limited was registered on 28 Feb 2014 with Roc Bangalore & aged 12 years 7 months as per MCA records.
Frequently asked questions
Hari Prasad Convergences is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 28 February 2014 (12+ years old) and is registered under CIN U74900KA2014PTC073855.
Hari Prasad Convergences has 2 current directors:
- Hariprasad Guruprasad - Director
- Nandini Kollapuri Shankar - Director
The latest financial statements of Hari Prasad Convergences on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Hari Prasad Convergences is 29AADCI5157N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Hari Prasad Convergences is U74900KA2014PTC073855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hari Prasad Convergences has 3 court cases on record: 3 filed against it. 2 are pending.
Hari Prasad Convergences was incorporated on 28 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Hariprasad Guruprasad was appointed as Director on 28 Feb 2014. Nandini Kollapuri Shankar was appointed as Director on 28 Feb 2014.
Yes, Hari Prasad Convergences is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0047967).
The registered office of Hari Prasad Convergences is at No. 17D 37th Cross 8th Block Jayanagar, Bangalore, Karnataka, India – 560082.