About Harbinger Systems Private Limited
Data last updated:
Harbinger Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN1997PTC112423. Its GSTIN is 27AAACH7400G1ZX (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹24.71 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors including Vikas Vasudeo Joshi and Rajesh Ishwar Javalagi.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 139 Siddhant S No 97/6 Paud Road Kothrud, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.21 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹9.93 Cr (net margin 5.6%) and EBITDA of ₹13.51 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
The company has about 723 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Raptivity and Harbinger Systems. As per MCA filings, the company has satisfied charges of ₹7.12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harbinger-systems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address139 Siddhant S No 97/6 Paud Road Kothrud, Pune, Maharashtra, India – 411029
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
CIN History of Harbinger Systems Private Limited
Harbinger Systems has one previous CIN (Corporate Identification Number): U72200MH1997PTC112423. The current CIN is U72200PN1997PTC112423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200PN1997PTC112423 | Current |
| U72200MH1997PTC112423 | Previous |
Associated Brands with Harbinger Systems Private Limited
Harbinger Systems operates two associated brands: Raptivity and Harbinger Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a cloud-based platform for creating course content for companies. | raptivity.com | |
| Provides product development, eLearning content, and AI consulting services worldwide. | harbinger-systems.com |
Competitors & Alternatives of Harbinger Systems Private Limited
Brands and companies operating in the same space as Harbinger Systems Private Limited include RedShelf, Unicorn, Hedgehog lab and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 RedShelf | Platform offering digital textbooks for students | Chicago, United States | 2012 |
 Unicorn | Software development services are provided by Unicorn in Prague. | Prague, Czech Republic, Czechia | 1990 |
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy | 2005 |
 Articulate | Software for authoring e-learning content is provided by Articulate. | New York, United States | 2002 |
 Kontron | Embedded computing platforms are developed for industrial applications. | Linz, Austria | 1959 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia | 1994 |
 Scribe | Step-by-step guides for sales demos and customer training are auto-generated. | San Francisco, United States | 2019 |
 Digia | Software development services including design, integration, and testing are provided. | Helsinki, Finland | 2005 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea | 1990 |
Business Activity of Harbinger Systems Private Limited
The main business activity of Harbinger Systems is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Harbinger Systems Private Limited
Harbinger Systems Private Limited is audited by JOSHI APTE & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JOSHI APTE & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Harbinger Systems Private Limited
Harbinger Systems has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Vasudeo Joshi | Director | 12 Dec 1997 | 28 Years 9 Months | Current |
| Rajesh Ishwar Javalagi Also directs: Harbinger Group Software Private Limited | Director | 08 May 2019 | 7 Years 4 Months | Current |
| Manjiri Amit Javadekar | Director | 08 May 2019 | 7 Years 4 Months | Current |
| Jyotsna Vinayak Kulkarni | Director | 08 Feb 2016 | 10 Years 7 Months | Current |
| Shrikant Madhavan Pattathil | Director | 08 Feb 2016 | 10 Years 7 Months | Current |
| Swati Chintamani Ketkar | Director | 06 Dec 2000 | 25 Years 10 Months | Current |
Financials of Harbinger Systems Private Limited FY 2025 filings available
Harbinger Systems Private Limited reported revenue of ₹176.21 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harbinger Systems Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 56% 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 of Harbinger Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹13.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.93 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Harbinger Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Harbinger Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Harbinger Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Harbinger Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2017 | Others | ₹4.53 Cr | Satisfied |
| 19 Dec 2015 | State Bank of India | ₹1.75 Cr | Satisfied |
| 26 Feb 2011 | Bank of Maharashtra | ₹54 Lakh | Satisfied |
| 20 Feb 2003 | S.B.I. Factors and Commercial Services Private Ltd. | ₹30 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Harbinger Systems Private Limited
Harbinger Systems Private Limited has a workforce of 723 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Harbinger Systems Private Limited
Harbinger Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH7400G1ZX | Maharashtra | Active | 01 Jul 2017 |
| 27AAACH7400G2ZW | Maharashtra | Active | 24 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Harbinger Systems Private Limited
Harbinger Systems Private Limited has 2 court cases on record: 2 filed by Harbinger Systems. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Glodyne Technoserve Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for Harbinger Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Harbinger Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Harbinger Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Harbinger Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Harbinger Systems Private Limited
Frequently Asked Questions about Harbinger Systems Private Limited
Harbinger Systems is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 December 1997 (29+ years old) and is registered under CIN U72200PN1997PTC112423.
Harbinger Systems reported revenue of ₹176.21 Cr for FY 2025 (down 11% YoY).
Harbinger Systems has 6 current directors:
- Vikas Vasudeo Joshi - Director
- Rajesh Ishwar Javalagi - Director
- Manjiri Amit Javadekar - Director
- Jyotsna Vinayak Kulkarni - Director
- Shrikant Madhavan Pattathil - Director
- Swati Chintamani Ketkar - Director
Harbinger Systems reported a net profit of ₹9.93 Cr (net margin 5.6%) and EBITDA of ₹13.51 Cr (EBITDA margin 7.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harbinger Systems is 11% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harbinger Systems is 27AAACH7400G1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACH7400G2ZW (Maharashtra).
The CIN (Corporate Identification Number) of Harbinger Systems is U72200PN1997PTC112423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harbinger Systems has 2 court cases on record: 2 filed by the company. 1 is pending.
Harbinger Systems was incorporated on 12 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.