About Havstruck Solutions Private Limited
Data last updated:
Havstruck Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 10 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC093063. Its GSTIN is 29AADCH8700L1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sandeep Anand and Vishal Prashanth Uchil.
Its last annual general meeting (AGM) was held on 21 January 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #99 3rd 'A' Cross 7th Block 2nd Stage Nagarbhavi, Bangalore, Karnataka, India – 560072.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.38 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹17.17 Lakh and EBITDA of -₹6.01 Lakh (EBITDA margin -177.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 51% over five years.
The company is associated with 3 brands: Igloo, TransportBook and HavStruck.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igloo.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#99 3rd 'A' Cross 7th Block 2nd Stage Nagarbhavi, Bangalore, Karnataka, India – 560072
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Havstruck Solutions Private Limited
The main business activity of Havstruck Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Havstruck Solutions Private Limited FY 2023 filings available
Havstruck Solutions Private Limited reported revenue of ₹3.38 Lakh (down 84% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Havstruck Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 84% fall in the latest year. EBITDA rose 3% 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 of Havstruck Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.01 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.17 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 of Havstruck Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -177.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Havstruck Solutions are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Havstruck Solutions Private Limited
Havstruck Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Peripheral Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Erx My Clinic India Private Limited | •••• | •••• | •••• | •••• | - | Namburu, Andhra Pradesh, India |
| K.S. Airsoft Private Limited | •••• | •••• | •••• | •••• | - | Vasant Kunj, Delhi, India |
| Vama Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Quest Peripherals Private Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Havstruck Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Advance Technocraft Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Netsoft Informatics Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Kushala Robotic Software & Systems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Support Cell Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Singh Semiconductors & Systems Private Limited | •••• | •••• | •••• | •••• | - | Amritsar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Havstruck Solutions by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Havstruck Solutions Private Limited
Havstruck Solutions Private Limited is audited by M V R AND CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V R AND CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Havstruck Solutions Private Limited
Havstruck Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Anand | Director | 10 May 2016 | 10 Years 4 Months | Current |
| Vishal Prashanth Uchil | Director | 10 May 2016 | 10 Years 4 Months | Current |
| Ashwin Chari | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Havstruck Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Havstruck Solutions Private Limited
Havstruck Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Havstruck Solutions Private Limited
Havstruck Solutions operates multiple associated brands including igloo, TransportBook, and HavStruck. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides web-based solutions for efficient transport management and logistics operations. | igloo.ai | |
| Mobile app for managing transport trips, finances, and vehicle information for truck owners. | transportbook.in | |
| Intercity logistics are facilitated via an online marketplace platform. | havstruck.com |
Employees and EPFO Compliance at Havstruck Solutions Private Limited
Employment history and EPFO contributions of people linked to Havstruck Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Havstruck Solutions Private Limited
Havstruck Solutions Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Anirudh Asokan ceased to be Director on 17 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Havstruck Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Havstruck Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Havstruck Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Havstruck Solutions Private Limited
Havstruck Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH8700L1ZA | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Havstruck Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Havstruck Solutions Private Limited
Havstruck Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 10 May 2016 (10+ years old) and is registered under CIN U74999KA2016PTC093063.
Havstruck Solutions reported revenue of ₹3.38 Lakh for FY 2023 (down 84% YoY).
Havstruck Solutions has 3 current directors:
- Sandeep Anand - Director
- Vishal Prashanth Uchil - Director
- Ashwin Chari - Director
Havstruck Solutions reported a net loss of ₹17.17 Lakh and EBITDA of -₹6.01 Lakh (EBITDA margin -177.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Havstruck Solutions is -15% over three years and -51% over five years. In the latest year (FY 2023) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Havstruck Solutions is 29AADCH8700L1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Havstruck Solutions is U74999KA2016PTC093063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Havstruck Solutions was incorporated on 10 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Havstruck Solutions by revenue are Peripheral Solutions Private Limited, Erx My Clinic India Private Limited, K.S. Airsoft Private Limited, Vama Enterprises Private Limited, Quest Peripherals Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Anirudh Asokan ceased to be Director on 17 May 2018. Harshvardhan Hemant Samvatsar ceased to be Director on 17 May 2018. Ashwin Chari was appointed as Director on 06 Apr 2017. Havstruck Solutions has 5 board changes on record in total.
Yes, Havstruck Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).