About Hanger Solution Private Limited
Data last updated:
Hanger Solution Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the plastic-based products segment of the manufacturing sector. It was incorporated on 17 May 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC243432. Its GSTIN is 26AADCH1802M1ZP (Dadra and Nagar Haveli and Daman and Diu). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Dhaval Shailesh Kapasi and Jaydeep Rasik Joshi.
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 was at 35 Harerama Harekrishna Industrial Estate Ib Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2022, the company reported a revenue of ₹36,103, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹70,812 (net margin -196.1%) and EBITDA of ₹18,364 (EBITDA margin 50.9%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 80% over five years.
As per MCA filings, the company has satisfied charges of ₹8 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is hangersolution.com.
Company details
Contact details
Hanger Solution Private Limited's registered office is in Mumbai, Maharashtra. Its website is hangersolution.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address35 Harerama Harekrishna Industrial Estate Ib Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Hanger Solution 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
Financials of Hanger Solution Private Limited
FY 2022 filings availableHanger Solution Private Limited reported revenue of ₹36,103 (down 88% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years, including a 88% fall in the latest year. EBITDA rose 101% 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 | ₹18,364 | ||||
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| Net Profit (PAT) | -₹70,812 | ||||
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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 | 50.9% | ||||
| Net Profit Margin | -196.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hanger Solution Private Limited, buy the company report.
Board of directors of Hanger Solution Private Limited
Hanger Solution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydeep Rasik Joshi Also directs: Hanger Solution LLP | Additional Director | 18 Jan 2018 | 8 Years 9 Months | As last reported |
| Dhaval Shailesh Kapasi Also directs: Hanger Solution LLP | Director | 17 May 2013 | 13 Years 5 Months | As last reported |
Peer comparison
Hanger Solution Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Industrial Packaging, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hanger Solution Private Limitedthis company | ₹36,103 (FY 2022) | -₹70,812 | -196.1% | -88.0% | Mumbai, Maharashtra, India | |
| Ocean Packagings Pvt Ltd | ₹36,083 (FY 2025) | 13.0% | Bhiwadi, Rajasthan, India | |||
| Ushma Plasto Pack Private Limited | ₹35,491 (FY 2024) | -87.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Red Packing Solutions Private Limited | ₹35,463 (FY 2025) | 183.0% | Solan, Himachal Pradesh, India |
To see the full peer comparison of Hanger Solution Private Limited, buy the company report.
Auditor
Hanger Solution Private Limited is audited by D V KAPASI AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V KAPASI AND ASSOCIATES | FY 2021 | 120402W |
Shareholding
The shareholding of Hanger Solution 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hanger Solution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2014 | 10515434 | Punjab National Bank | ₹8 Lakh | Satisfied |
To see the full charge records of Hanger Solution Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hanger Solution Private Limited has 1 court case on record: 1 filed by Hanger Solution. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Daman, The Dadra And Nagar Haveli And Daman And Diu | Court case (S.C.S.) | Filed by the company against Sarabhai Sons | Disposed |
To see the full case history of Hanger Solution 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 Hanger Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hanger Solution has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AADCH1802M1ZP | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Hanger Solution Private Limited, buy the company report.
Recent activity
Hanger Solution Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Sailesh Kapasi Popatlal ceased to be Director on 24 Apr 2019.
Frequently asked questions
Hanger Solution has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Hanger Solution was a private limited company based in Mumbai, Maharashtra, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 17 May 2013 and is registered under CIN U74120MH2013PTC243432. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Hanger Solution is U74120MH2013PTC243432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hanger Solution had 2 directors:
- Jaydeep Rasik Joshi - Additional Director
- Dhaval Shailesh Kapasi - Director
Hanger Solution was incorporated on 17 May 2013. It is registered with the Registrar of Companies, Mumbai.
Hanger Solution can be reached through the website hangersolution.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hanger Solution is at 35 Harerama Harekrishna Industrial Estate Ib Patel Road Goregaon East, Mumbai, Maharashtra, India – 400063.
The latest financial statements of Hanger Solution 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 Hanger Solution is 26AADCH1802M1ZP, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Hanger Solution operated in the manufacturing industry, in the plastic-based products segment.
The peers of Hanger Solution by revenue are Ocean Packagings Pvt Ltd, Ushma Plasto Pack Private Limited, Red Packing Solutions Private Limited, all in the Manufacturing industry (Industrial Packaging, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
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