Hagit Designs Private Limited
About Hagit Designs Private Limited
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Hagit Designs Private Limited is a private limited company based in Thiruvanmiyur, Tamil Nadu, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 11 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74200TN2008PTC070118. Its GSTIN is 33AAHCA4232C2ZB (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Axon Designs Private Limited. It is led by directors Arunachalam Ramanathan (Managing Director) and Ramanathan Meenakshi.
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 Plot No.A3A Second Floor Thiruvalluvar Nagar Second Main Road, Thiruvanmiyur, Tamil Nadu, India – 600041.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.36 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹2.51 Lakh (net margin 74.8%) and EBITDA of ₹22.51 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 20% over five years.
As per MCA filings, the company has satisfied charges of ₹95 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hagit Designs Private Limited's registered office is in Thiruvanmiyur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.A3A Second Floor Thiruvalluvar Nagar Second Main Road, Thiruvanmiyur, Tamil Nadu, India – 600041
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Hagit Designs 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 Hagit Designs is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Hagit Designs Private Limited, buy the company report.
Financials of Hagit Designs Private Limited
FY 2024 filings availableHagit Designs Private Limited reported revenue of ₹3.36 Lakh (down 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 82% fall in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22.51 Lakh | ||||
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| Net Profit (PAT) | ₹2.51 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Net Profit Margin | 74.8% | ||||
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To see the full financial statements and ratios of Hagit Designs Private Limited, buy the company report.
Board of directors of Hagit Designs Private Limited
Hagit Designs 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 |
|---|---|---|---|---|
| Ramanathan Meenakshi | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Arunachalam Ramanathan Also directs: Alagamai Cotton Mills Private Limited | Managing Director | 31 Mar 2017 | 9 Years 6 Months | Current |
Shareholding
The shareholding of Hagit Designs Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hagit Designs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2020 | 100360912 | Tamilnad Mercantile Bank Limited | ₹15 Lakh | Satisfied | |
| 08 Nov 2019 | 100360910 | Tamilnad Mercantile Bank Limited | ₹80 Lakh | Satisfied |
To see the full charge records of Hagit Designs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hagit Designs Private 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 Hagit Designs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hagit Designs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCA4232C2ZB | Tamil Nadu | Active | 18 Dec 2018 |
To see the full GST registrations and return filing status of Hagit Designs Private Limited, buy the company report.
Recent activity
Hagit Designs Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Arunachalam Ramanathan was appointed as Managing Director on 31 Mar 2017.
Frequently asked questions
Hagit Designs is an active private limited company based in Thiruvanmiyur, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 11 December 2008 (18+ years old) and is registered under CIN U74200TN2008PTC070118.
Hagit Designs has 2 current directors:
- Arunachalam Ramanathan - Managing Director
- Ramanathan Meenakshi - Director
The latest financial statements of Hagit Designs 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 Hagit Designs is 33AAHCA4232C2ZB, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hagit Designs is U74200TN2008PTC070118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hagit Designs was incorporated on 11 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Arunachalam Ramanathan was appointed as Managing Director on 31 Mar 2017. Ramanathan Meenakshi was appointed as Director on 31 Mar 2017. Venkatachalam Krishnan ceased to be Director on 31 Mar 2017. Hagit Designs has 4 board changes on record in total.
The registered office of Hagit Designs is at Plot No.A3A Second Floor Thiruvalluvar Nagar Second Main Road, Thiruvanmiyur, Tamil Nadu, India – 600041.
Hagit Designs operates in the engineering industry, in the engineering design and consultancy segment.
Hagit Designs has no open charges and satisfied charges of ₹95 Lakh as per latest MCA filings.