
HBG Builders Private Limited
About HBG Builders Private Limited
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HBG Builders Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70100GJ2018PTC105352. Its GSTIN is 24AAECH7256A1ZX (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hitesh Harsukhbhai Gajera (Managing Director) and Harsukhlal Bhikhalal Gajera (Whole-Time Director).
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 003 9/1 G F Mangal Jyot Appartment Arunoday Society Alkapuri, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹43 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹40.28 Lakh (net margin -93.7%) and EBITDA of -₹14.34 Lakh (EBITDA margin -33.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Company details
Contact details
HBG Builders Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address003 9/1 G F Mangal Jyot Appartment Arunoday Society Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of HBG Builders 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 HBG Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of HBG Builders Private Limited, buy the company report.
Financials of HBG Builders Private Limited
FY 2025 filings availableHBG Builders Private Limited reported revenue of ₹43 Lakh (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 75% fall in the latest year. EBITDA fell 156% 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 |
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| EBITDA | -₹14.34 Lakh | ||||
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| Net Profit (PAT) | -₹40.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -33.4% | ||||
| Net Profit Margin | -93.7% | ||||
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To see the full financial statements and ratios of HBG Builders Private Limited, buy the company report.
Board of directors of HBG Builders Private Limited
HBG Builders has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsukhlal Bhikhalal Gajera | Whole-Time Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Hitesh Harsukhbhai Gajera | Managing Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Ashnavi Pravinchandra Patel | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
Auditor
HBG Builders Private Limited is audited by P G PATEL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G PATEL & ASSOCIATES | FY 2021 | 112283W |
Shareholding
The shareholding of HBG Builders Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HBG Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2020 | 100392729 | Others | ₹50 Lakh | Open | |
| 20 Mar 2020 | 100392731 | Others | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving HBG Builders 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 HBG Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HBG Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH7256A1ZX | Gujarat | Active | 17 Jul 2019 |
To see the full GST registrations and return filing status of HBG Builders Private Limited, buy the company report.
Recent activity
HBG Builders Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Ashnavi Pravinchandra Patel was appointed as Director on 28 Nov 2018.
Frequently asked questions
HBG Builders is an active private limited company based in Vadodara, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 November 2018 (8+ years old) and is registered under CIN U70100GJ2018PTC105352.
HBG Builders has 3 current directors:
- Hitesh Harsukhbhai Gajera - Managing Director
- Harsukhlal Bhikhalal Gajera - Whole-Time Director
- Ashnavi Pravinchandra Patel - Director
The latest financial statements of HBG Builders 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 FY 2019 are in the company report.
The GSTIN of HBG Builders is 24AAECH7256A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of HBG Builders is U70100GJ2018PTC105352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HBG Builders was incorporated on 28 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashnavi Pravinchandra Patel was appointed as Director on 28 Nov 2018. Harsukhlal Bhikhalal Gajera was appointed as Whole-Time Director on 28 Nov 2018. Hitesh Harsukhbhai Gajera was appointed as Managing Director on 28 Nov 2018.
The registered office of HBG Builders is at 003 91 G F Mangal Jyot Appartment Arunoday Society Alkapuri, Vadodara, Gujarat, India – 390007.
HBG Builders operates in the infrastructure and utilities industry, in the general construction services segment.
HBG Builders has open charges of ₹1.5 Cr and no satisfied charges on record as per latest MCA filings.

