Harion Projects Private Limited

Harion Projects Private Limited - real estate and construction in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U45201TG2022PTC158913 Incorporated 20 January 2022 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2024
₹1.13 Cr
▲ 156% YoY
Net loss · FY 2024
₹81.12 Lakh
Net margin -71.8%
EBITDA · FY 2024
₹3.05 Cr
EBITDA margin 269.9%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹22.98 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings

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

CIN U45201TG2022PTC158913
Registration Number 158913
Incorporation Date 20 January 2022
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0069913

Recognitions & Rankings of Harion Projects

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0069913

Contact details

Harion Projects Private Limited's registered office is in Hyderabad, Telangana.

  • Registered Address
    8 – 2 – 268/C/6 Arora Colony Banjara Hills, Hyderabad, Telangana, India – 500034
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Harion Projects Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Harion Projects is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

Financials of Harion Projects Private Limited

FY 2024 filings available

Harion Projects Private Limited reported revenue of ₹1.13 Cr (up 156% YoY) for FY 2024.

Revenue · FY 2024
₹1.13 Cr ▲ 156%
Net loss · FY 2024
₹81.12 Lakh margin -71.8%
EBITDA · FY 2024
₹3.05 Cr margin 269.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 156%
EBITDA CAGR growth
1 year
▼ 9%

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

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹3.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹81.12 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin269.9%
Net Profit Margin-71.8%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vemuri Venkata Murali Krishna PrasadManaging Director20 Jan 20224 Years 9 MonthsCurrent
Divyang LavaniaDirector20 Jan 20224 Years 9 MonthsCurrent

Charges & borrowings

Open charges
₹22.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹22.98 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Aug 2024100979973Hdfc Bank Limited₹6.75 CrOpen
18 Jul 2024100958676Hdfc Bank Limited₹15 CrOpen
03 Nov 2022100678605Hdfc Bank Limited₹22.16 LakhOpen
03 Oct 2022100674581Hdfc Bank Limited₹1.01 CrOpen

Total charge records: 4 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36AAPCM3810J1Z9TelanganaActive19 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.

AGM
Harion Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 675.00 Lakh with Charge ID 100979973 was registered on 30 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,500.00 Lakh with Charge ID 100958676 was registered on 18 Jul 2024.
Filing
Harion Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Tanuja Vemuri ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.16 Lakh with Charge ID 100678605 was registered on 03 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.73 Lakh with Charge ID 100674581 was registered on 03 Oct 2022.
Ceased
Appointed
Divyang Lavania was appointed as Director.
Appointed
Vemuri Venkata Murali Krishna Prasad was appointed as Managing Director.
Incorporation
20 Jan 2022
Harion Projects Private Limited was registered on 20 Jan 2022 with Roc Hyderabad & aged 4 years 9 months as per MCA records.

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:

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.