About Hal-Edgewood Technologies Private Limited
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Hal-Edgewood Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2007PTC042634. Its GSTIN is 29AABCH9929H2Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Devendraverma and Krishnakumar Saratkumar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 35.8%) and EBITDA of ₹2.35 Cr (EBITDA margin 51.2%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
The company is associated with 1 brand: HETL. As per MCA filings, the company has open charges of ₹10.1 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.99 Cr; the latest was in March 2009.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website haledgewood.com.
Company details
Contact details
Hal-Edgewood Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is haledgewood.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Old Adb Building Hal Main Factory Next To Departure Lounge Of Halairport Halai, Rport Road, Bangalore, Karnataka, India – 560017
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Hal-Edgewood Technologies 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
Brands
Hal-Edgewood Technologies operates one associated brand: HETL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of hardware and software systems for defence and aerospace industry | haledgewood.com |
Business activity
The main business activity of Hal-Edgewood Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Hal-Edgewood Technologies Private Limited, buy the company report.
Financials of Hal-Edgewood Technologies Private Limited
FY 2018 filings availableHal-Edgewood Technologies Private Limited reported revenue of ₹4.59 Cr (up 307% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 307% growth in the latest year. EBITDA rose 605% 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
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| EBITDA | ₹2.35 Cr | |||
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| Net Profit (PAT) | ₹1.64 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 51.2% | |||
| Net Profit Margin | 35.8% | |||
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To see the full financial statements and ratios of Hal-Edgewood Technologies Private Limited, buy the company report.
Board of directors of Hal-Edgewood Technologies Private Limited
Hal-Edgewood Technologies has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendraverma | Director | 27 Apr 2007 | 19 Years 5 Months | Current |
| Krishnakumar Saratkumar | Nominee Director | 23 Aug 2017 | 9 Years 2 Months | Current |
| Appasaheb Malagaudanavar | Nominee Director | 19 Dec 2018 | 7 Years 10 Months | Current |
| Krishna Kumar Goswami Also directs: Hytech Gears and Transmission (India) Private Limited | Nominee Director | 27 Apr 2007 | 19 Years 5 Months | Current |
Auditor
Hal-Edgewood Technologies Private Limited is audited by M S R K & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S R K & CO | FY 2017 | 013232S |
Shareholding
The shareholding of Hal-Edgewood Technologies Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hal-Edgewood Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2009 | 10159360 | State Bank of India | ₹10.1 Cr | Open |
To see the full charge records of Hal-Edgewood Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Hal-Edgewood Technologies Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.99 Cr; the latest was in March 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Funding round | ₹3 Cr | Investors: Hindustan Aeronautics Limited , Edgewood Ventures, Edgewood Technologies Private Limited |
| Jun 2008 | Funding round | ₹2.99 Cr | Investors: Hindustan Aeronautics Limited , Edgewood Ventures, Edgewood Technologies Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hal-Edgewood Technologies Private Limited has 10 court cases on record: 3 filed by Hal-Edgewood Technologies, 7 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
| District courts | 3 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Iwave Systems Technologies Private Limited | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against Iwave Systems Technologies Pvt. Ltd. Registered Office at No.7/B, 29 Th Main, BTM Layout 2Nd Stage, ,Bangalore , Karnataka | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Comavia Systems Technologies Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed by the company against Iwave Systems Technologies Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Iwave Systems Technologies Private Limited | Disposed |
To see the full case history of Hal-Edgewood Technologies 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 Hal-Edgewood Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hal-Edgewood Technologies has 4 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Hal-Edgewood Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH9929H2Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hal-Edgewood Technologies Private Limited, buy the company report.
Recent activity
Hal-Edgewood Technologies Private Limited has 16 board changes on record since 2007: 4 appointments and 12 cessations. The latest: Appasaheb Malagaudanavar was appointed as Nominee Director on 19 Dec 2018.
9 earlier events are in the company report.
Frequently asked questions
Hal-Edgewood Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 April 2007 (19+ years old) and is registered under CIN U73100KA2007PTC042634.
Hal-Edgewood Technologies has 4 current directors:
- Devendraverma - Director
- Krishnakumar Saratkumar - Nominee Director
- Appasaheb Malagaudanavar - Nominee Director
- Krishna Kumar Goswami - Nominee Director
The latest financial statements of Hal-Edgewood Technologies on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Hal-Edgewood Technologies is 29AABCH9929H2Z3, registered in Karnataka. 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 Hal-Edgewood Technologies is U73100KA2007PTC042634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hal-Edgewood Technologies has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Hal-Edgewood Technologies was incorporated on 27 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Hal-Edgewood Technologies has 2 deals on record (2 funding rounds), with disclosed funding of ₹5.99 Cr; the latest was in March 2009.
Appasaheb Malagaudanavar was appointed as Nominee Director on 19 Dec 2018. Madanlal Madhavrao Tapase ceased to be Nominee Director on 19 Dec 2018. Krishnakumar Saratkumar was appointed as Nominee Director on 23 Aug 2017. Hal-Edgewood Technologies has 16 board changes on record in total.
Hal-Edgewood Technologies can be reached through the website haledgewood.com. Its registered office is in Bangalore, Karnataka, India.