- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0069913

Harion Projects Private Limited
About Harion Projects Private Limited
Data last updated:
Harion Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 January 2022.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45201TG2022PTC158913. Its GSTIN is 36AAPCM3810J1Z9 (Telangana).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Magnifico Constructions & Projects Private Limited. It is led by directors Vemuri Venkata Murali Krishna Prasad (Managing Director) and Divyang Lavania.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 – 2 – 268/C/6 Arora Colony Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹81.12 Lakh (net margin -71.8%) and EBITDA of ₹3.05 Cr (EBITDA margin 269.9%).
As per MCA filings, the company has open charges of ₹22.98 Cr on record.
Harion Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0069913).
Company details
Recognitions & Rankings of Harion Projects
Contact details
Harion Projects Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address8 – 2 – 268/C/6 Arora Colony Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Harion Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Harion Projects Private Limited
FY 2024 filings availableHarion Projects Private Limited reported revenue of ₹1.13 Cr (up 156% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 156% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
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| EBITDA | ₹3.05 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹81.12 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 269.9% | ||
| Net Profit Margin | -71.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Harion Projects Private Limited, buy the company report.
Board of directors of Harion Projects Private Limited
Harion Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vemuri Venkata Murali Krishna Prasad Also directs: Harion Media & Productions Private Limited, Arion Projects Private Limited, Summit Commodities Private Limited and 2 more | Managing Director | 20 Jan 2022 | 4 Years 9 Months | Current |
| Divyang Lavania Also directs: Rithu Sree Developers LLP, Harion Media & Productions Private Limited, Arion Projects Private Limited and 3 more | Director | 20 Jan 2022 | 4 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100979973 | Hdfc Bank Limited | ₹6.75 Cr | Open | |
| 18 Jul 2024 | 100958676 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 03 Nov 2022 | 100678605 | Hdfc Bank Limited | ₹22.16 Lakh | Open | |
| 03 Oct 2022 | 100674581 | Hdfc Bank Limited | ₹1.01 Cr | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Harion Projects 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
No delayed payments to MSME suppliers are on our record for Harion Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harion Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAPCM3810J1Z9 | Telangana | Active | 19 Feb 2022 |
To see the full GST registrations and return filing status of Harion Projects Private Limited, buy the company report.
Recent activity
Harion Projects Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Tanuja Vemuri ceased to be Director on 04 Jan 2023.
Frequently asked questions
Harion Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 January 2022 (4+ years old) and is registered under CIN U45201TG2022PTC158913.
Harion Projects has 2 current directors:
- Vemuri Venkata Murali Krishna Prasad - Managing Director
- Divyang Lavania - Director
The latest financial statements of Harion Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Harion Projects is 36AAPCM3810J1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Harion Projects is U45201TG2022PTC158913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harion Projects was incorporated on 20 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Hyderabad.
Tanuja Vemuri ceased to be Director on 04 Jan 2023. Vemuri Venkata Murali Krishna Prasad ceased to be Director on 05 Mar 2022. Divyang Lavania was appointed as Director on 20 Jan 2022. Harion Projects has 4 board changes on record in total.
Yes, Harion Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0069913).
The registered office of Harion Projects is at 8 – 2 – 268C6 Arora Colony Banjara Hills, Hyderabad, Telangana, India – 500034.
Harion Projects operates in the real estate and construction industry, in the real estate builders and developers segment.