Harita Limited - financial services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74110TN1995PLC030473 Incorporated 13 March 1995 ROC Chennai HQ Chennai, Tamil Nadu, India
Merged Public Limited Company financial services
Data last updated
Revenue · FY 2020
₹1.53 Cr
▼ 86% YoY
Net profit · FY 2020
₹5.31 Cr
Net margin 347.2%
EBITDA · FY 2020
₹4.95 Cr
EBITDA margin 323.9%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹2.69 Cr
Issued & subscribed
Open charges
₹81.68 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Harita Limited

Data last updated:

Harita Limited was a public limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the equipment leasing and financing segment of the financial services sector. It was incorporated on 13 March 1995.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74110TN1995PLC030473. Its GSTIN is 33AAACH0886J1ZL (Tamil Nadu).

The company had an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.69 Cr. It was led by directors including Kuppusamy Iyengar Gopaladesikan and Mukundhan Chakrapani.

Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at No.29(8) Haddows Road, Chennai, Tamil Nadu, India – 600006.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.53 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Cr (net margin 347.2%) and EBITDA of ₹4.95 Cr (EBITDA margin 323.9%).

Its group structure included 1 subsidiary.

As per MCA filings, the company had open charges of ₹81.68 Lakh on record. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in September 2018.

The last known website on record is haritaseating.com.

Company details

CIN U74110TN1995PLC030473
Registration Number 030473
Incorporation Date 13 March 1995
ROC Chennai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

CIN history

Harita has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110TN1995PLC030473, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110TN1995PLC030473Current
U25111TN1995PLC030473Previous
U71309TN1995PLC030473Previous

Contact details

Harita Limited's registered office is in Chennai, Tamil Nadu. Its website is haritaseating.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.29(8) Haddows Road, Chennai, Tamil Nadu, India – 600006
  • Industry
    Financial Services, Equipment Leasing & Financing, Real Estate Financing

To see the full contact details of Harita Limited, buy the company report.

Comprehensive company report
Harita 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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Business activity

The main business activity of Harita is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

Financials of Harita Limited

FY 2020 filings available

Harita Limited reported revenue of ₹1.53 Cr (down 86% YoY) for FY 2020.

Revenue · FY 2020
₹1.53 Cr ▼ 86%
Net profit · FY 2020
₹5.31 Cr margin 347.2%
EBITDA · FY 2020
₹4.95 Cr margin 323.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 86%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 13%

Revenue fell 86% in the latest year. EBITDA fell 71% 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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₹4.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.31 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin323.9%
Net Profit Margin347.2%
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 Harita Limited, buy the company report.

Board of directors of Harita Limited

Harita has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kuppusamy Iyengar GopaladesikanDirector26 Dec 200025 Years 10 MonthsAs last reported
Mukundhan ChakrapaniDirector20 Apr 200917 Years 6 MonthsAs last reported
Sankaranarayanan RamanathanDirector09 Feb 201511 Years 8 MonthsAs last reported

Auditor

Harita Limited is audited by RAGHU & GOPAL for the financial year 2019.

Auditor firmFinancial yearFirm registration number
RAGHU & GOPALFY 2019003335S

Shareholding

The shareholding of Harita Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Harita Limited, buy the company report.

Charges & borrowings

Open charges
₹81.68 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of Mysore₹0.58 Cr
The Tamilnadu Industrial Investment Cor. Ltd.₹0.12 Cr
The Tamil Nadu Industrial Investment Corporation Ltd.₹0.09 Cr
Harita Finance Private Ltd.₹0.02 Cr
The Tamil Nadu Industrial Investment Cor. Ltd.₹0.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Apr 199790305093State Bank of Mysore₹50 LakhOpen
11 Sep 198690305708Harita Finance Private Ltd.₹2.27 LakhOpen
20 Oct 198490306949State Bank of Mysore₹4.4 LakhOpen
09 Jul 198490306931The Tamil Nadu Industrial Investment Cor. Ltd.₹24,560Open
06 Jun 198390306892State Bank of Mysore₹2.6 LakhOpen

To see the full charge records of Harita Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Harita Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in September 2018.

Total deals
4
Secondary share transfers
3
Acquisition
1

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Sep 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2010Secondary share transferUndisclosedBuyer: Harita Cheema Private Limited , 3 individuals
Seller: 4 individuals
Sep 2006AcquisitionUndisclosedBuyer: an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Harita Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Harita has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.

1
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
Harita Financial Services LimitedU67190TN1996PLC035318

To see the full group structure of Harita Limited, buy the company report.

GST

Harita has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACH0886J1ZLTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Harita Limited, buy the company report.

Recent activity

Harita Limited has 7 board changes on record since 2000: 3 appointments and 4 cessations. The latest: Sankaranarayanan Ramanathan ceased to be Additional Director on 30 Sep 2015.

AGM
Harita Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.
Filing
Harita Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Ceased
Sankaranarayanan Ramanathan ceased to be Additional Director.
Appointed
Sankaranarayanan Ramanathan was appointed as Director.
Ceased
Sujatha Balaji ceased to be Director.
Ceased
Tirupachanur Rajagopalan Srinivasan ceased to be Director.
Appointed
Mukundhan Chakrapani was appointed as Director.
Ceased
Vangipuram Navaneetham Venkatanathan ceased to be Director.
Appointed
Kuppusamy Iyengar Gopaladesikan was appointed as Director.
Charges
A charge with State Bank Of Mysore amounted to Rs. 0.50 Cr with Charge ID 90305093 was registered on 04 Apr 1997.
Charges
A charge with Harita Finance Private Ltd. amounted to Rs. 0.02 Cr with Charge ID 90305708 was registered on 11 Sep 1986.
Charges
A charge with The Tamil Nadu Industrial Investment Corporation Ltd. of Rs. 0.09 Cr registered on 01 Oct 1980 with Charge ID 90308351 was modified on 13 Feb 1985.

11 earlier events are in the company report.

Frequently asked questions

Harita 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.

Harita was a public limited company based in Chennai, Tamil Nadu, India. The company worked in equipment leasing and financing, within the financial services industry. It was incorporated on 13 March 1995 and is registered under CIN U74110TN1995PLC030473. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Harita was incorporated on 13 March 1995. It is registered with the Registrar of Companies, Chennai.

Harita had 3 directors:

The CIN (Corporate Identification Number) of Harita is U74110TN1995PLC030473. 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 Harita is at No.298 Haddows Road, Chennai, Tamil Nadu, India – 600006.

Harita can be reached through the website haritaseating.com. Its registered office is in Chennai, Tamil Nadu, India.

The latest financial statements of Harita on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.

The GSTIN of Harita is 33AAACH0886J1ZL, registered in Tamil Nadu.

Harita operated in the financial services industry, in the equipment leasing and financing segment.