MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0046921
Heraizen Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.17 Cr
▲ 4% YoY
Net profit · FY 2023
₹8.59 Lakh
Net margin 2.7%
EBITDA · FY 2023
₹2.09 Cr
EBITDA margin 66%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹11.26 Lakh
Issued & subscribed
Open charges
₹3.56 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
74
Provident fund records
About Heraizen Technologies Private Limited
Data last updated:
Heraizen Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2017PTC102424. Its GSTIN is 29AAECH1610G1ZX (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.26 Lakh. It is led by directors including Venkatesh Chamarajanagar Somashekhar and Somashekar Chamarajanagar Mahesh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.17 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹8.59 Lakh (net margin 2.7%) and EBITDA of ₹2.09 Cr (EBITDA margin 66%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 43% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Heraizen. As per MCA filings, the company has open charges of ₹3.56 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Heraizen Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0046921). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heraizen.com.
Company details
CIN U72200KA2017PTC102424
Registration Number 102424
Incorporation Date 20 April 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0046921
Key People
Kalyan Kumar Banerjee Additional Director Venkatesh Chamarajanagar Somashekhar Director Somashekar Chamarajanagar Mahesh Director Recognitions & Rankings of Heraizen Technologies
Contact details
Heraizen Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is heraizen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#4011 And 4012 80 Feet Road Dr. Muthu Raj Road IV Phase Girinagar Banashankari III St, Age, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Heraizen Technologies Private Limited, buy the company report.
Comprehensive company report
Heraizen Technologies Private Limited - one report that includes everything
- 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
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Brands
Heraizen Technologies operates one associated brand: Heraizen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An integrated platform for education automation and analytics is offered. | heraizen.com |
Business activity
The main business activity of Heraizen Technologies 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 Heraizen Technologies Private Limited, buy the company report.
Financials of Heraizen Technologies Private Limited
FY 2023 filings availableHeraizen Technologies Private Limited reported revenue of ₹3.17 Cr (up 4% YoY) for FY 2023.
Revenue · FY 2023
₹3.17 Cr ▲ 4%
Net profit · FY 2023
₹8.59 Lakh margin 2.7%
EBITDA · FY 2023
₹2.09 Cr margin 66%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 7%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 16%
5 years · compounded
▲ 174%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 4% growth in the latest year. EBITDA fell 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.59 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 66% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Heraizen Technologies Private Limited, buy the company report.
Board of directors of Heraizen Technologies Private Limited
Heraizen Technologies has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyan Kumar Banerjee Also directs: Ajit Singhdeo Inspired Social Initiatives LLP, Posibolt Solutions Private Limited, Iaccept Softwares Private Limited and 3 more | Additional Director | 14 Mar 2020 | 6 Years 7 Months | Current |
| Venkatesh Chamarajanagar Somashekhar Also directs: Spaneos Software Solutions Private Limited | Director | 20 Apr 2017 | 9 Years 6 Months | Current |
| Somashekar Chamarajanagar Mahesh Also directs: Spaneos Software Solutions Private Limited | Director | 20 Apr 2017 | 9 Years 6 Months | Current |
| Pradeep Kumar Manjunatha Also directs: Spaneos Software Solutions Private Limited, Sumukha Tech Academy LLP, Aspirepro Academy LLP and 2 more | Director | 20 Apr 2017 | 9 Years 6 Months | Current |
| Urva Kiranmayee Also directs: Spaneos Software Solutions Private Limited | Director | 20 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Heraizen Technologies Private Limited is audited by T MURALI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T MURALI & CO | FY 2022 | 002175S |
Shareholding
The shareholding of Heraizen Technologies Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Heraizen Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.56 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2019 | 100336564 | Others | ₹2 Cr | Open | |
| 16 Apr 2018 | 100203736 | Others | ₹1.56 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Heraizen Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Heraizen Technologies Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Total cases
4
Filed against the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Heraizen Technologies Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heraizen Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Heraizen Technologies Private Limited has a workforce of 74 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
74
Active EPFO establishments
1
Employee growth
-16.85%
GST
Heraizen Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECH1610G1ZX | Karnataka | Active | 19 Jul 2017 |
To see the full GST registrations and return filing status of Heraizen Technologies Private Limited, buy the company report.
Recent activity
Heraizen Technologies Private Limited has 5 board changes on record since 2017: 5 appointments. The latest: Kalyan Kumar Banerjee was appointed as Additional Director on 14 Mar 2020.
AGM
Heraizen Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Heraizen Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Kalyan Kumar Banerjee was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100336564 was registered on 24 May 2019.
Charges
A charge with Others amounted to Rs. 156.00 Lakh with Charge ID 100203736 was registered on 16 Apr 2018.
Appointed
Pradeep Kumar Manjunatha was appointed as Director.
Appointed
Somashekar Chamarajanagar Mahesh was appointed as Director.
Appointed
Urva Kiranmayee was appointed as Director.
Appointed
Venkatesh Chamarajanagar Somashekhar was appointed as Director.
Incorporation
20 Apr 2017
Heraizen Technologies Private Limited was registered on 20 Apr 2017 with Roc Bangalore & aged 9 years 6 months as per MCA records.
Frequently asked questions
Heraizen Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 April 2017 (9+ years old) and is registered under CIN U72200KA2017PTC102424.
Heraizen Technologies has 5 current directors:
- Kalyan Kumar Banerjee - Additional Director
- Venkatesh Chamarajanagar Somashekhar - Director
- Somashekar Chamarajanagar Mahesh - Director
- Pradeep Kumar Manjunatha - Director
- Urva Kiranmayee - Director
The latest financial statements of Heraizen Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Heraizen Technologies is 29AAECH1610G1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Heraizen Technologies is U72200KA2017PTC102424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heraizen Technologies has 4 court cases on record: 4 filed against it. 4 are pending.
Heraizen Technologies was incorporated on 20 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Heraizen Technologies has 1 deal on record (1 secondary share transfer); the latest was in March 2018.
Kalyan Kumar Banerjee was appointed as Additional Director on 14 Mar 2020. Pradeep Kumar Manjunatha was appointed as Director on 20 Apr 2017. Somashekar Chamarajanagar Mahesh was appointed as Director on 20 Apr 2017. Heraizen Technologies has 5 board changes on record in total.
Yes, Heraizen Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0046921).
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