
About Harmon Associates India Private Limited
Data last updated:
Harmon Associates India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Gp Harmon Recycling Llc. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 31 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2007FTC132771. Its GSTIN is 29AABCH9713P1ZX (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹20.13 Lakh. It is led by directors including William Henry Oliver Iv and Nicola Vella Jr.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Pine Block Kalyani Platina Kundalahalli Village K.R. Puram Hobli, Bengaluru, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.4 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹76.9 Lakh (net margin 10.4%) and EBITDA of ₹1.15 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harmonindia.com.
Company details
CIN history
Harmon Associates India has one previous CIN (Corporate Identification Number): U70200DL2007FTC172068. The current CIN is U70200KA2007FTC132771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200KA2007FTC132771 | Current |
| U70200DL2007FTC172068 | Previous |
Contact details
Harmon Associates India Private Limited's registered office is in Bengaluru, Karnataka. Its website is harmonindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Pine Block Kalyani Platina Kundalahalli Village K.R. Puram Hobli, Bengaluru, Karnataka, India – 560066
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Harmon Associates India 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
Business activity
The main business activity of Harmon Associates India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Harmon Associates India Private Limited, buy the company report.
Financials of Harmon Associates India Private Limited
FY 2025 filings availableHarmon Associates India Private Limited reported revenue of ₹7.4 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 10% growth in the latest year. EBITDA fell 5% 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 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 | ₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.9 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 10.4% | ||||
| 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 Harmon Associates India Private Limited, buy the company report.
Board of directors of Harmon Associates India Private Limited
Harmon Associates India has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| William Henry Oliver Iv | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
| Nicola Vella Jr | Director | 24 Jul 2024 | 2 Years 3 Months | Current |
| Ramanathan Subbaraman Also directs: Molex (India) Private Limited | Additional Director | 16 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Harmon Associates India Private Limited is audited by S R B C & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2019 | 324982E/E300003 |
Shareholding
The shareholding of Harmon Associates India Private 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 category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Harmon Associates India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harmon Associates India 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 Harmon Associates India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Harmon Associates India Private Limited has a workforce of 46 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Harmon Associates India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH9713P1ZX | Karnataka | Active | 10 May 2020 |
| 27AABCH9713P1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harmon Associates India Private Limited, buy the company report.
Recent activity
Harmon Associates India Private Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Ramanathan Subbaraman was appointed as Additional Director on 16 Jul 2025.
8 earlier events are in the company report.
Frequently asked questions
Harmon Associates India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 31 December 2007 (19+ years old) and is registered under CIN U70200KA2007FTC132771.
Harmon Associates India has 3 current directors:
- William Henry Oliver Iv - Director
- Nicola Vella Jr - Director
- Ramanathan Subbaraman - Additional Director
The latest financial statements of Harmon Associates India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harmon Associates India is 29AABCH9713P1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AABCH9713P1Z1 (Maharashtra).
The CIN (Corporate Identification Number) of Harmon Associates India is U70200KA2007FTC132771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmon Associates India was incorporated on 31 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramanathan Subbaraman was appointed as Additional Director on 16 Jul 2025. Nicola Vella Jr ceased to be Additional Director on 26 Sep 2024. Nicola Vella Jr was appointed as Director on 24 Jul 2024. Harmon Associates India has 17 board changes on record in total.
Harmon Associates India can be reached through the website harmonindia.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Harmon Associates India is at 4th Floor Pine Block Kalyani Platina Kundalahalli Village K.R. Puram Hobli, Bengaluru, Karnataka, India – 560066.
Harmon Associates India operates in the transport and logistics industry, in the integrated and diversified logistics services segment.

