About HCL Technologies Solutions Limited
Data last updated:
HCL Technologies Solutions Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Hcl America Inc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 14 December 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA1999PLC026077. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.05 Cr. It was led by directors including Prateek Solek Aggarwal and Prahlad Rai Bansal.
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 501 – 503 4th Floor Oxford House No. 15 Rustam Bagh Behind Manipal Hospital Main Road, Bangalore, Karnataka, India – 560017.
As per the financials filed for FY 2019, the company reported a revenue of ₹27.37 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹17.38 Lakh (net margin 63.5%) and EBITDA of ₹23.12 Lakh (EBITDA margin 84.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
The last known website on record is hcl.com.
Company details
Contact details
HCL Technologies Solutions Limited's registered office is in Bangalore, Karnataka. Its website is hcl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 – 503 4th Floor Oxford House No. 15 Rustam Bagh Behind Manipal Hospital Main Road, Bangalore, Karnataka, India – 560017
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of HCL Technologies Solutions 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 HCL Technologies Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of HCL Technologies Solutions Limited, buy the company report.
Financials of HCL Technologies Solutions Limited
FY 2019 filings availableHCL Technologies Solutions Limited reported revenue of ₹27.37 Lakh (up 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 491% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹23.12 Lakh | ||||
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| Net Profit (PAT) | ₹17.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 84.5% | ||||
| Net Profit Margin | 63.5% | ||||
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To see the full financial statements and ratios of HCL Technologies Solutions Limited, buy the company report.
Board of directors of HCL Technologies Solutions Limited
HCL Technologies Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Solek Aggarwal | Director | 22 Nov 2018 | 7 Years 11 Months | As last reported |
| Prahlad Rai Bansal | Director | 31 Mar 2005 | 21 Years 7 Months | As last reported |
| Rita Gupta Also directs: Universal Office Automation Limited, HCL Infosystems Limited, International Data Management Limited and 4 more | Director | 09 Oct 2006 | 20 Years 0 Months | As last reported |
| Venkata Varre Appa Rao Also directs: Efftronics Systems Private Limited | Director | 13 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor
HCL Technologies Solutions Limited is audited by S.R.BATLIBOI & ASSOCIATES LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.BATLIBOI & ASSOCIATES LLP | FY 2016 | 101049W/E300004 |
Shareholding
The shareholding of HCL Technologies Solutions Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HCL Technologies Solutions Limited, buy the company report.
Legal cases
No court or tribunal cases involving HCL Technologies Solutions 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 HCL Technologies Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HCL Technologies Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of HCL Technologies Solutions Limited, buy the company report.
Recent activity
HCL Technologies Solutions Limited has 9 board changes on record since 2005: 4 appointments and 5 cessations. The latest: Prateek Solek Aggarwal ceased to be Additional Director on 26 Sep 2019.
News
Frequently asked questions
HCL Technologies Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
HCL Technologies Solutions was a public limited company based in Bangalore, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 14 December 1999 and is registered under CIN U72900KA1999PLC026077. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
HCL Technologies Solutions was incorporated on 14 December 1999. It is registered with the Registrar of Companies, Bangalore.
HCL Technologies Solutions had 4 directors:
- Prateek Solek Aggarwal - Director
- Prahlad Rai Bansal - Director
- Rita Gupta - Director
- Venkata Varre Appa Rao - Director
The CIN (Corporate Identification Number) of HCL Technologies Solutions is U72900KA1999PLC026077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of HCL Technologies Solutions is at 501 – 503 4th Floor Oxford House No. 15 Rustam Bagh Behind Manipal Hospital Main Road, Bangalore, Karnataka, India – 560017.
HCL Technologies Solutions can be reached through the website hcl.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of HCL Technologies Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 September 2019. Year-wise statements from 2015 are in the company report.
No. HCL Technologies Solutions has 1 GST registration on record and it is cancelled or inactive.
HCL Technologies Solutions operated in the information technology industry, in the software development and support services segment.
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