About Hanu Software Solutions (India) Private Limited
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Hanu Software Solutions (India) Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Insight North America Inc.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 January 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2004PTC124284. Its GSTIN is 07AABCH3856M1Z9 (Delhi). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.18 Lakh. It was led by directors Lynn Charles Willden and Sayali Nikhil Deshkar.
Its last annual general meeting (AGM) was held on 21 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at A – 83 Ff Okhla Phase – 2, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹119.35 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹12.53 Cr (net margin 10.5%) and EBITDA of ₹18.46 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 39% over five years.
The company had about 678 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Hanu. As per MCA filings, the company had open charges of ₹15 Lakh and satisfied charges of ₹10.89 Cr on record. The company has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in September 2022. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 43 overdue payments to 19 micro and small suppliers.
The last known website on record is hanu.com.
Company details
Contact details
Hanu Software Solutions (India) Private Limited's registered office is in New Delhi, Delhi. Its website is hanu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 83 Ff Okhla Phase – 2, New Delhi, Delhi, India – 110020
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Hanu Software Solutions (India) 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 Hanu Software Solutions (India) is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Hanu Software Solutions (India) Private Limited, buy the company report.
Financials of Hanu Software Solutions (India) Private Limited
FY 2024 filings availableHanu Software Solutions (India) Private Limited reported revenue of ₹119.35 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 402% 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 | ₹18.46 Cr | ||||
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| Net Profit (PAT) | ₹12.53 Cr | ||||
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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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| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Hanu Software Solutions (India) Private Limited, buy the company report.
Board of directors of Hanu Software Solutions (India) Private Limited
Hanu Software Solutions (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lynn Charles Willden | Director | 02 Jun 2022 | 4 Years 4 Months | As last reported |
| Sayali Nikhil Deshkar | Director | 02 Jun 2022 | 4 Years 4 Months | As last reported |
Auditor
Hanu Software Solutions (India) Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Hanu Software Solutions (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hanu Software Solutions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2020 | 100400610 | Yes Bank Limited | ₹3.87 Cr | Satisfied | |
| 31 May 2019 | 100288133 | Axis Bank Limited | ₹3.18 Cr | Satisfied | |
| 11 May 2017 | 100137623 | Citi Bank N.A. | ₹3.5 Cr | Satisfied | |
| 23 Mar 2016 | 100018810 | Others | ₹16.6 Lakh | Satisfied | |
| 05 Dec 2014 | 10545055 | Axis Bank Limited | ₹17.34 Lakh | Satisfied |
To see the full charge records of Hanu Software Solutions (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Hanu Software Solutions (India) Private Limited has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in September 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Rights issue | ₹11.69 Cr | Investors: Insight North America Inc |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: PCM Inc, Insight North America Inc Seller: 3 individuals |
| Mar 2007 | Acquisition | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hanu Software Solutions (India) 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
Hanu Software Solutions (India) Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 43 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SGC Management Services Private Limited | |||
| Skywings Technologies Private Limited | |||
| Team Computers Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Hanu Software Solutions (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hanu Software Solutions (India) Private Limited has a workforce of 678 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Hanu Software Solutions (India) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCH3856M1Z9 | Delhi | Active | 01 Oct 2017 |
| 09AABCH3856M2Z4 | Uttar Pradesh | Active | 15 Apr 2019 |
To see the full GST registrations and return filing status of Hanu Software Solutions (India) Private Limited, buy the company report.
Recent activity
Hanu Software Solutions (India) Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Lynn Charles Willden ceased to be Additional Director on 29 Sep 2022.
8 earlier events are in the company report.
News
Frequently asked questions
Hanu Software Solutions (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hanu Software Solutions (India) was a private limited company based in New Delhi, Delhi, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 23 January 2004 and is registered under CIN U72900DL2004PTC124284. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hanu Software Solutions (India) was incorporated on 23 January 2004. It is registered with the Registrar of Companies, Delhi.
Hanu Software Solutions (India) had 2 directors:
- Lynn Charles Willden - Director
- Sayali Nikhil Deshkar - Director
The CIN (Corporate Identification Number) of Hanu Software Solutions (India) is U72900DL2004PTC124284. 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 Hanu Software Solutions (India) is at A – 83 Ff Okhla Phase – 2, New Delhi, Delhi, India – 110020.
Hanu Software Solutions (India) can be reached through the website hanu.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Hanu Software Solutions (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hanu Software Solutions (India) is 07AABCH3856M1Z9, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 09AABCH3856M2Z4 (Uttar Pradesh).
Hanu Software Solutions (India) operated in the information technology industry, in the application development and software solutions segment.
Hanu Software Solutions (India) has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in September 2022.