About Hearing Solutions Technologies Private Limited
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Hearing Solutions Technologies Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the preventive healthcare segment of the healthcare sector. It was incorporated on 08 April 2019.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2019PTC131956. Its GSTIN is 36AAECH8748M1ZW (Telangana). The company held 4 GST registrations, of which 3 are active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Selvaraj Rajapandian and Renganayakiremina Rengarajmanickam.
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 was at Hyderabad, Telangana.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.42 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹83.94 Lakh (net margin -13.1%) and EBITDA of -₹48.54 Lakh (EBITDA margin -7.6%).
The company had about 340 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Hearzap.
The last known website on record is hearingsolutions.in.
Company details
Contact details
Hearing Solutions Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is hearingsolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.11 11A Sy No.403/1 120 And 102/1 H.No. 8 – 2 – 293/82/A/11, Ward No. 8 Block No. 2 Jubilee Co – Operative Housing Society Ltd Road No.5, Hyderabad, Telangana, India – 500033
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Hearing Solutions Technologies 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
Brands
Hearing Solutions Technologies operates one associated brand: Hearzap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online store offering a range of hearing aids and services | hearzap.com |
Financials of Hearing Solutions Technologies Private Limited
FY 2024 filings availableHearing Solutions Technologies Private Limited reported revenue of ₹6.42 Cr (up 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.42 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹48.54 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹83.94 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -7.6% | ||
| Net Profit Margin | -13.1% | ||
| 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 | |||
To see the full financial statements and ratios of Hearing Solutions Technologies Private Limited, buy the company report.
Board of directors of Hearing Solutions Technologies Private Limited
Hearing Solutions Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvaraj Rajapandian Also directs: Amogh Speech and Hearing Care LLP, Speech and Hearing Care Private Limited, Iza Medi Technologies Private Limited and 1 more | Director | 08 Apr 2019 | 7 Years 6 Months | As last reported |
| Renganayakiremina Rengarajmanickam | Director | 08 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Hearing Solutions Technologies Private Limited is audited by SHRIRAM NARAYAN ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRIRAM NARAYAN ASSOCIATES | FY 2022 | 003848S |
Shareholding
The shareholding of Hearing Solutions Technologies Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hearing Solutions Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hearing Solutions Technologies 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 Hearing Solutions Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hearing Solutions Technologies Private Limited has a workforce of 340 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Hearing Solutions Technologies has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECH8748M1ZW | Telangana | Active | 25 Apr 2019 |
| 19AAECH8748M1ZS | West Bengal | Active | 04 Jul 2019 |
| 33AAECH8748M1Z2 | Tamil Nadu | Active | 26 Jul 2019 |
To see the full GST registrations and return filing status of Hearing Solutions Technologies Private Limited, buy the company report.
Recent activity
Hearing Solutions Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Renganayakiremina Rengarajmanickam was appointed as Director on 08 Apr 2019.
Frequently asked questions
Hearing Solutions Technologies 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.
Hearing Solutions Technologies was a private limited company based in Hyderabad, Telangana, India. The company worked in preventive health services, within the healthcare industry. It was incorporated on 08 April 2019 and is registered under CIN U74999TG2019PTC131956. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hearing Solutions Technologies was incorporated on 08 April 2019. It is registered with the Registrar of Companies, Hyderabad.
Hearing Solutions Technologies had 2 directors:
- Selvaraj Rajapandian - Director
- Renganayakiremina Rengarajmanickam - Director
The CIN (Corporate Identification Number) of Hearing Solutions Technologies is U74999TG2019PTC131956. 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 Hearing Solutions Technologies is at Plot No.11 11A Sy No.4031 120 And 1021 H.No. 8 – 2 – 29382A11, Ward No. 8 Block No. 2 Jubilee Co – Operative Housing Society Ltd Road No.5, Hyderabad, Telangana, India – 500033.
Hearing Solutions Technologies can be reached through the website hearingsolutions.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Hearing Solutions Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Hearing Solutions Technologies is 36AAECH8748M1ZW, registered in Telangana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAECH8748M1ZS (West Bengal), 33AAECH8748M1Z2 (Tamil Nadu).
Hearing Solutions Technologies operated in the healthcare industry, in the preventive health services segment.
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