About Haqdarshak Empowerment Solutions Private Limited
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Haqdarshak Empowerment Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085114. Its GSTIN is 29AADCH7870B1ZI (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹31 Lakh and a paid-up capital of ₹9.55 Lakh. It is led by directors including Ruchi Meghav Mehta and Aniket Doegar.
Its last annual general meeting (AGM) was held on 28 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 149 12th Cross Road J.P. Nagar Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.84 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹2.29 Cr (net margin -6.2%) and EBITDA of -₹41.36 Lakh (EBITDA margin -1.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 42% over five years.
The company has about 234 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Haqdarshak. As per MCA filings, the company has open charges of ₹9.3 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹23.25 Cr; the latest was in May 2023. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Murf Software Solutions Private Limited with revenue of ₹37.21 Cr. The company has 4 MSME Form 1 returns on record between 2020 and 2022, listing 5 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website haqdarshak.com.
Company details
Contact details
Haqdarshak Empowerment Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is haqdarshak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address149 12th Cross Road J.P. Nagar Phase, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Haqdarshak Empowerment Solutions 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
Haqdarshak Empowerment Solutions operates one associated brand: Haqdarshak. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology platform that enables users to access information on government and private welfare schemes | haqdarshak.com |
Business activity
The main business activity of Haqdarshak Empowerment Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Financials of Haqdarshak Empowerment Solutions Private Limited
FY 2024 filings availableHaqdarshak Empowerment Solutions Private Limited reported revenue of ₹36.84 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 31% growth in the latest year. EBITDA fell 112% 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 | -₹41.36 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.29 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.1% | ||||
| Net Profit Margin | -6.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Board of directors of Haqdarshak Empowerment Solutions Private Limited
Haqdarshak Empowerment Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruchi Meghav Mehta | Director | 25 Jun 2021 | 5 Years 4 Months | Current |
| Aniket Doegar Also directs: Hands for You Foundation | Director | 06 Jan 2016 | 10 Years 9 Months | Current |
| Ravi Saxena Also directs: Ies Advisors LLP, Wonderchef Home Appliances Private Limited | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Mahesh Yagnaraman Also directs: Acumen Fund Advisory LLP, Labournet Services India Private Limited, Acumen Fund Advisory Services India Private Limited and 1 more | Director | 11 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Haqdarshak Empowerment Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Murf Software Solutions Private Limited | ₹37.21 Cr (FY 2025) | 65.0% | Bangalore, Karnataka, India | |||
| Rajshri Entertainment Private Limited | ₹37.17 Cr (FY 2023) | 2.0% | Mumbai, Maharashtra, India | |||
| Kldiscovery India Technology Services Private Limited | ₹37.14 Cr (FY 2025) | 511.0% | Chennai, Tamil Nadu, India | |||
| VP Broadband Private Limited | ₹37.07 Cr (FY 2024) | Chandigarh, India | ||||
| Spaulding Ridge Advisory India Private Limited | ₹36.91 Cr (FY 2025) | 52.0% | Jaipur, Rajasthan, India | |||
| Haqdarshak Empowerment Solutions Private Limitedthis company | ₹36.84 Cr (FY 2024) | -₹2.29 Cr | -6.2% | 31.0% | 234 | Bangalore, Karnataka, India |
| Amiga Informatics Private Limited | ₹36.83 Cr (FY 2024) | -21.0% | Noida, Uttar Pradesh, India | |||
| Xerago E-Biz Services Private Limited | ₹36.76 Cr (FY 2024) | -19.0% | Chennai, Tamil Nadu, India | |||
| Accsource Knowledge Process Outsourcing Private Limited | ₹36.74 Cr (FY 2024) | 31.0% | Chennai, Tamil Nadu, India | |||
| Garda Tech Private Limited | ₹36.73 Cr (FY 2023) | 165.0% | Bangalore, Karnataka, India | |||
| Yupp Video Services India Private Limited | ₹36.72 Cr (FY 2024) | 1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Auditor
Haqdarshak Empowerment Solutions Private Limited is audited by Lodha & Bhatt for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lodha & Bhatt | FY 2023 | 006069S |
Shareholding
The shareholding of Haqdarshak Empowerment Solutions 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 Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2024 | 100938929 | Others | ₹7 Cr | Open | |
| 15 Dec 2021 | 100527702 | Hdfc Bank Limited | ₹2.3 Cr | Open | |
| 26 Jul 2022 | 100612423 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Haqdarshak Empowerment Solutions Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹23.25 Cr; the latest was in May 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2016 | Funding round · Seed | ₹1.25 Cr | Investors: 4 individuals |
To see the full deal history of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Haqdarshak Empowerment Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Civil suit | Filed against the company by Bharat Sanchar Nigam Ltd. | Disposed |
To see the full case history of Haqdarshak Empowerment Solutions 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
Haqdarshak Empowerment Solutions Private Limited has 4 MSME Form 1 returns on record between 2020 and 2022, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Badami and Kamat | |||
| Wenger and Watson Inc | |||
| GNR Solution Private Limited |
To see the full MSME payment records of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Haqdarshak Empowerment Solutions Private Limited has a workforce of 234 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Haqdarshak Empowerment Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH7870B1ZI | Karnataka | Active | 01 Jul 2017 |
| 27AADCH7870B1ZM | Maharashtra | Active | 17 Dec 2020 |
To see the full GST registrations and return filing status of Haqdarshak Empowerment Solutions Private Limited, buy the company report.
Recent activity
Haqdarshak Empowerment Solutions Private Limited has 9 board changes on record since 2016: 4 appointments and 5 cessations. The latest: Mahesh Yagnaraman was appointed as Director on 11 Oct 2023.
6 earlier events are in the company report.
News
Frequently asked questions
Haqdarshak Empowerment Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 January 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085114.
Haqdarshak Empowerment Solutions has 4 current directors:
- Ruchi Meghav Mehta - Director
- Aniket Doegar - Director
- Ravi Saxena - Director
- Mahesh Yagnaraman - Director
The latest financial statements of Haqdarshak Empowerment Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 October 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Haqdarshak Empowerment Solutions is 29AADCH7870B1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCH7870B1ZM (Maharashtra).
The CIN (Corporate Identification Number) of Haqdarshak Empowerment Solutions is U74900KA2016PTC085114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haqdarshak Empowerment Solutions has 1 court case on record: 1 filed against it.
Haqdarshak Empowerment Solutions was incorporated on 06 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Haqdarshak Empowerment Solutions has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹23.25 Cr; the latest was in May 2023.
The peers of Haqdarshak Empowerment Solutions by revenue are Murf Software Solutions Private Limited, Rajshri Entertainment Private Limited, Kldiscovery India Technology Services Private Limited, VP Broadband Private Limited, Spaulding Ridge Advisory India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Mahesh Yagnaraman was appointed as Director on 11 Oct 2023. Ruchi Meghav Mehta ceased to be Additional Director on 26 Oct 2021. Ruchi Meghav Mehta was appointed as Director on 25 Jun 2021. Haqdarshak Empowerment Solutions has 9 board changes on record in total.
Haqdarshak Empowerment Solutions has 4 MSME Form 1 returns on record between 2020 and 2022, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 03 Oct 2022.
Haqdarshak Empowerment Solutions can be reached through the website haqdarshak.com. Its registered office is in Bangalore, Karnataka, India.
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