About Haryana State Electronics Development Corporation Limited
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Haryana State Electronics Development Corporation Limited is a private limited state government company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00000CH1982SGC004963. Its GSTIN is 04AABCH1532Q1ZM (Chandigarh). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors including Jagadeesan Ganesan (Managing Director) and Amit Khatri.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at SCO 111 113 Sector 17 B Chandigarh, Chandigarh, India – 160017.
As per the financials filed for FY 2020, the company reported a revenue of ₹73.54 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹17.69 Cr (net margin 24.1%) and EBITDA of ₹25.01 Cr (EBITDA margin 34%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 264 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hartron. As per MCA filings, the company has satisfied charges of ₹3.38 Cr on record. Court records list 73 cases involving the company, including 19 filed by the company and 55 filed against it; 15 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹2.04 Cr; the latest was in December 2009.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hartronservices.com.
Company details
CIN history
Haryana State Electronics Development Corporation has one previous CIN (Corporate Identification Number): U00000CH1982PLC004963. The current CIN is U00000CH1982SGC004963, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00000CH1982SGC004963 | Current |
| U00000CH1982PLC004963 | Previous |
Contact details
Haryana State Electronics Development Corporation Limited's registered office is in Chandigarh, Chandigarh. Its website is hartronservices.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSCO 111 113 Sector 17 B Chandigarh, Chandigarh, India – 160017
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Haryana State Electronics Development Corporation 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
Haryana State Electronics Development Corporation operates one associated brand: HARTRON. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronics development and bidder services in Haryana. | hartronservices.com |
Business activity
The main business activities of Haryana State Electronics Development Corporation are trade, information and communication and support service to organizations. In detail, this covers wholesale trading, computer programming, consultancy and related activities and placement agencies and hr management services. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Haryana State Electronics Development Corporation Limited, buy the company report.
Financials of Haryana State Electronics Development Corporation Limited
FY 2024 filings availableHaryana State Electronics Development Corporation Limited reported revenue of ₹73.54 Cr (up 2% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 2% growth in the latest year. EBITDA fell 6% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹25.01 Cr | ||||
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| Net Profit (PAT) | ₹17.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 34% | ||||
| Net Profit Margin | 24.1% | ||||
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To see the full financial statements and ratios of Haryana State Electronics Development Corporation Limited, buy the company report.
Board of directors of Haryana State Electronics Development Corporation Limited
Haryana State Electronics Development Corporation has 7 current directors and 68 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Khatri Also directs: Haryana Mass Rapid Transport Corporation Limited | Nominee Director | 19 Dec 2023 | 2 Years 10 Months | Current |
| Prabhjot Singh | Nominee Director | 24 Apr 2025 | 1 Years 6 Months | Current |
| Jagadeesan Ganesan | Managing Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Amit Kumar Agrawal | Nominee Director | 11 Aug 2025 | 1 Years 2 Months | Current |
| Arvind Kumar Also directs: Mtnlstpi IT Services Limited., Aic Stpinext Initiatives | Nominee Director | 25 May 2022 | 4 Years 5 Months | Current |
| Raj Kumar Nehru Also directs: Svsu Skill Innovators Foundation | Nominee Director | 25 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Haryana State Electronics Development Corporation Limited is audited by M K J ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K J ASSOCIATES | FY 2020 | 013569N |
Shareholding
The shareholding of Haryana State Electronics Development Corporation Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Haryana State Electronics Development Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 1994 | 90179559 | Union Bank of India | ₹57 Lakh | Satisfied | |
| 04 Jun 1994 | 90177488 | Union Bank of India | ₹2.81 Cr | Satisfied |
To see the full charge records of Haryana State Electronics Development Corporation Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Haryana State Electronics Development Corporation Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹2.04 Cr; the latest was in December 2009.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2009 | Funding round | ₹32 Lakh | Investors: an individual |
| Aug 2008 | Funding round | ₹71 Lakh | Investors: an individual |
| Jun 2006 | Funding round | ₹1.01 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Haryana State Electronics Development Corporation Limited has 73 court cases on record: 19 filed by Haryana State Electronics Development Corporation, 55 filed against it. 15 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 50 | 44 | 7 |
| District courts | 16 | 8 | 7 |
| Supreme Court | 7 | 3 | 1 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Execution petition | Filed by the company against Integrated Technologies Ltd, C-24, Defence Colony, New Delhi-110024 and 1 other | Pending |
| High Court, HARYANA | Writ petition | Filed against the company by Haryana State Electronics Development Corporation Limited Hartron and 1 other | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against M/S Integrated Technologies Ltd. and 1 other | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Haryana State Electronics Development Corporation Limited Hartron and 3 others | Disposed |
| Supreme Court | Court case (2810-Mercantile Laws, Commercial Transactions Including Banking : Bank Guarantee matters) | Filed by the company against M/S Bharti Airtel Limited THR. Head Legal and Regulatory for Punjab Bharti Crescent 1 Nelson Mandela Road Vasant Kunj Phase II, , District: New Delhi ,New Delhi , Delhi | Disposed |
To see the full case history of Haryana State Electronics Development Corporation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Haryana State Electronics Development Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Haryana State Electronics Development Corporation Limited has a workforce of 264 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Haryana State Electronics Development Corporation has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AABCH1532Q1ZM | Chandigarh | Active | 01 Jul 2017 |
| 04AABCH1532Q1DV | Chandigarh | Active | 18 Oct 2018 |
| 06AABCH1532Q1ZI | Haryana | Active | 01 Jul 2017 |
| 06AABCH1532Q2ZH | Haryana | Active | 10 Jul 2017 |
To see the full GST registrations and return filing status of Haryana State Electronics Development Corporation Limited, buy the company report.
Recent activity
Haryana State Electronics Development Corporation Limited has 75 board changes on record since 2007: 8 appointments and 67 cessations. The latest: Amit Kumar Agrawal was appointed as Nominee Director on 11 Aug 2025.
70 earlier events are in the company report.
Frequently asked questions
Haryana State Electronics Development Corporation is an active private limited state government company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 May 1982 (44+ years old) and is registered under CIN U00000CH1982SGC004963.
Haryana State Electronics Development Corporation has 7 current directors:
- Jagadeesan Ganesan - Managing Director
- Amit Khatri - Nominee Director
- Prabhjot Singh - Nominee Director
- Amit Kumar Agrawal - Nominee Director
- Arvind Kumar - Nominee Director
- Raj Kumar Nehru - Nominee Director
- Ashima Brar - Nominee Director
The latest financial statements of Haryana State Electronics Development Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Haryana State Electronics Development Corporation is 04AABCH1532Q1ZM, registered in Chandigarh. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 04AABCH1532Q1DV (Chandigarh), 06AABCH1532Q1ZI (Haryana), 06AABCH1532Q2ZH (Haryana).
The CIN (Corporate Identification Number) of Haryana State Electronics Development Corporation is U00000CH1982SGC004963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haryana State Electronics Development Corporation has 73 court cases on record: 19 filed by the company and 55 filed against it. 15 are pending. Most are in the high courts.
Haryana State Electronics Development Corporation was incorporated on 01 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Chandigarh.
Haryana State Electronics Development Corporation has 3 deals on record (3 funding rounds), with disclosed funding of ₹2.04 Cr; the latest was in December 2009.
Amit Kumar Agrawal was appointed as Nominee Director on 11 Aug 2025. Sushil Sarwan ceased to be Nominee Director on 11 Aug 2025. Ashima Brar was appointed as Nominee Director on 18 Jul 2025. Haryana State Electronics Development Corporation has 75 board changes on record in total.
Haryana State Electronics Development Corporation can be reached through the website hartronservices.com. Its registered office is in Chandigarh, India.
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