About Harmony Capital Services Limited
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Harmony Capital Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 19 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67120MH1994PLC288180. Its GSTIN is 27AAACH1084L1ZI (Maharashtra). It is recorded as listed by MCA, but trading in its shares on BSE (530055) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹12.13 Cr. It is led by directors including Rajesh Ghosh and Khusbu Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hiranandani Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.77 Lakh (net margin 25.7%) and EBITDA of -₹28.22 Lakh (EBITDA margin -74.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over five years.
The company is associated with 1 brand: Harmony Capital Services. The company has 3 deals on record (3 market trades); the latest was in December 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hcsl.co.in.
Company details
CIN history
Harmony Capital Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L67120MH1994PLC288180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120MH1994PLC288180 | Current |
| L67120RJ1994PLC008796 | Previous |
| L28199MH1994PLC288180 | Previous |
Contact details
Harmony Capital Services Limited's registered office is in Mumbai, Maharashtra. Its website is hcsl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressWework Lightbridge 6th Floor Corporate No. 137, Hiranandani Business Park Saki Vihar Rd Tunga Village Chandivali, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Harmony Capital Services 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
Brands
Harmony Capital Services operates one associated brand: Harmony Capital Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment banking firm | hcsl.co.in |
Financials of Harmony Capital Services Limited
FY 2025 filings availableHarmony Capital Services Limited reported revenue of ₹38 Lakh (up 641% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 641% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹28.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.77 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -74.3% | ||||
| Net Profit Margin | 25.7% | ||||
| 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 Harmony Capital Services Limited, buy the company report.
Board of directors of Harmony Capital Services Limited
Harmony Capital Services has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Ghosh Also directs: Truvolt Engineering Co Pvt Ltd, Multicables Pvt Ltd, Truvolt Electronics Pvt Ltd and 1 more | Additional Director | 28 Feb 2026 | 0 Years 8 Months | Current |
| Khusbu Agrawal Also directs: Continental Controls Limited, Gretex Corporate Services Limited, Sapco Bitumen Company Limited and 2 more | Additional Director | 01 Jul 2026 | 0 Years 3 Months | Current |
| Sweta Agarwal Also directs: Ushita Trading & Agencies Ltd, Pansari Developers Limited, Octal Credit Capital Ltd. and 2 more | Additional Director | 01 Jul 2026 | 0 Years 3 Months | Current |
Auditor
Harmony Capital Services Limited is audited by D. LODHA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. LODHA & ASSOCIATES | FY 2023 | 135606W |
Shareholding
The shareholding of Harmony Capital Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harmony Capital Services Limited, buy the company report.
Deals & funding
Harmony Capital Services Limited has 3 deals on record (3 market trades); the latest was in December 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Market trade | ₹13.6 Lakh | Seller: an individual |
| Sep 2025 | Market trade | ₹11.1 Lakh | Seller: Varada Trading Private Limited |
| Feb 2023 | Market trade | ₹2.3 Lakh | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Harmony Capital Services 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 Harmony Capital Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harmony Capital Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH1084L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harmony Capital Services Limited, buy the company report.
Recent activity
Harmony Capital Services Limited has 34 board changes on record since 1994: 21 appointments and 13 cessations. The latest: Khusbu Agrawal was appointed as Additional Director on 01 Jul 2026.
25 earlier events are in the company report.
News
Frequently asked questions
Harmony Capital Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 19 September 1994 (32+ years old) and is registered under CIN L67120MH1994PLC288180.
Harmony Capital Services has 3 current directors:
- Rajesh Ghosh - Additional Director
- Khusbu Agrawal - Additional Director
- Sweta Agarwal - Additional Director
The latest financial statements of Harmony Capital Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Harmony Capital Services is 27AAACH1084L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Harmony Capital Services is L67120MH1994PLC288180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Capital Services is recorded as a listed company by MCA, but trading in its shares on BSE (530055) has been suspended, so they do not currently trade on a stock exchange.
Harmony Capital Services was incorporated on 19 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Harmony Capital Services has 3 deals on record (3 market trades); the latest was in December 2025.
Khusbu Agrawal was appointed as Additional Director on 01 Jul 2026. Sweta Agarwal was appointed as Additional Director on 01 Jul 2026. Rajesh Ghosh was appointed as Additional Director on 28 Feb 2026. Harmony Capital Services has 34 board changes on record in total.
Harmony Capital Services can be reached through the website hcsl.co.in. Its registered office is in Mumbai, Maharashtra, India.