About HB Solutions Private Limited
Data last updated:
HB Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72200OR2010PTC012427. Its GSTIN is 21AACCH4886J1ZG (Odisha). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Asit Kumar Mishra and Soumyaranjan Swain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – 1109/9 Rajarani Area Shiva Nagar Tankpani Road, Bhubaneswar, Odisha, India – 751018.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.28 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹6.02 Lakh (net margin 1.1%) and EBITDA of ₹11.43 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hbsolutions.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No – 1109/9 Rajarani Area Shiva Nagar Tankpani Road, Bhubaneswar, Odisha, India – 751018
- IndustryInformation Technology, IT Consulting & Support Services
- 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 HB Solutions Private Limited
The main business activity of HB Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 HB Solutions Private Limited FY 2024 filings available
HB Solutions Private Limited reported revenue of ₹5.28 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HB Solutions Private Limited
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 47% 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 HB Solutions Private Limited
| 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 | ₹11.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.02 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 HB Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 HB Solutions are in the company report.
Financial statements from 2015
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 HB Solutions Private Limited
HB Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neptune Traders Pvt Ltd | ₹5.29 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Hooghly, West Bengal, India |
| Malik Motor Finance Limited | ₹5.29 Cr (FY 2023) | •••• | •••• | 97.0% | •••• | Noida, Uttar Pradesh, India |
| United Perfumers Pvt Ltd | ₹5.28 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Kanpur, Uttar Pradesh, India |
| Deejay Mining & Exports Private Limited | ₹5.28 Cr (FY 2019) | •••• | •••• | -74.0% | •••• | Mumbai, Maharashtra, India |
| SPR Oncocare Private Limited | ₹5.28 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Bangalore, Karnataka, India |
| HB Solutions Private Limited this company | ₹5.28 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Bhubaneswar, Odisha, India |
| Goodhealth Foods Private Limited | ₹5.28 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Jharkhand, India |
| Noel Merchants Pvt.Ltd. | ₹5.28 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Nagpur, Maharashtra, India |
| Baba Haridas Ispat Private Limited | ₹5.28 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
| Jaivanti Cosmetics Private Limited | ₹5.28 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| GMNC Technologies Private Limited | ₹5.28 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below HB Solutions by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of HB Solutions Private Limited
HB Solutions Private Limited is audited by DDCA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DDCA & ASSOCIATES | 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 HB Solutions Private Limited
HB Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asit Kumar Mishra Also directs: Uadyan Management and Consutancy LLP, Swarnalata Foods Private Limited, JM Medicaments Private Limited and 1 more | Director | 15 May 2024 | 2 Years 4 Months | Current |
| Soumyaranjan Swain | Director | 07 Sep 2010 | 16 Years 1 Months | Current |
Ownership and Shareholding of HB 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 HB Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2015 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of HB Solutions Private Limited
HB Solutions Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by HDFC Bank Limited | Pending |
| District court, Khurda, Odisha | Court case (EXECUITION CASES) | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Quick Heal Technologies Limited | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Esnp Technologies | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by Ingram Micro India Private Limites | Pending |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at HB Solutions Private Limited
Employment history and EPFO contributions of people linked to HB 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 HB Solutions Private Limited
HB Solutions Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Jayaram Swain ceased to be Director on 16 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for HB 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 HB 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 HB 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 HB Solutions Private Limited
HB Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCH4886J1ZG | Odisha | 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 HB 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 HB Solutions Private Limited
HB Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 September 2010 (16+ years old) and is registered under CIN U72200OR2010PTC012427.
HB Solutions reported revenue of ₹5.28 Cr for FY 2025 (down 54% YoY).
HB Solutions has 2 current directors:
- Asit Kumar Mishra - Director
- Soumyaranjan Swain - Director
HB Solutions reported a net profit of ₹6.02 Lakh (net margin 1.1%) and EBITDA of ₹11.43 Lakh (EBITDA margin 2.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HB Solutions is 64% over three years and 24% over five years. In the latest year (FY 2025) revenue fell 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HB Solutions is 21AACCH4886J1ZG, registered in Odisha. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of HB Solutions is U72200OR2010PTC012427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HB Solutions has 5 court cases on record: 5 filed against it. 3 are pending.
HB Solutions was incorporated on 07 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of HB Solutions by revenue are Neptune Traders Pvt Ltd, Malik Motor Finance Limited, United Perfumers Pvt Ltd, Deejay Mining & Exports Private Limited, SPR Oncocare Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Jayaram Swain ceased to be Director on 16 May 2024. Asit Kumar Mishra was appointed as Director on 15 May 2024. Guru Prasad Sahoo ceased to be Additional Director on 15 May 2024. HB Solutions has 6 board changes on record in total.