Here Solutions India Private Limited

Here Solutions India Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2008FTC178295 Incorporated 28 January 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹895.28 Cr
▲ 14% YoY
Net profit · FY 2025
₹117.93 Cr
Net margin 13.2%
EBITDA · FY 2025
₹232.18 Cr
EBITDA margin 25.9%
Authorised capital
₹50.3 Cr
Registered with MCA
Paid-up capital
₹50.3 Cr
Issued & subscribed
Open charges
₹10.67 Cr
Satisfied ₹3.61 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
3,127
Provident fund records

About Here Solutions India Private Limited

Data last updated:

Here Solutions India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Here Solutions Singapore Pte Ltd. It operates in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 28 January 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008FTC178295. Its GSTIN is 27AACCN7231R1ZX (Maharashtra). The company holds 9 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹50.3 Cr and a paid-up capital of ₹50.3 Cr. It was formerly known as Navteq India Private Limited. It is led by directors including Sachin Malhotra and Vijay Christian Amanna.

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 11th Flr B Wing Nesco IT Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹895.28 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹117.93 Cr (net margin 13.2%) and EBITDA of ₹232.18 Cr (EBITDA margin 25.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.

The company has about 3,127 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: HERE. As per MCA filings, the company has open charges of ₹10.67 Cr and satisfied charges of ₹3.61 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹50.29 Cr; the latest was in July 2008.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website here.com.

Company details

CIN U72900MH2008FTC178295
Registration Number 178295
Incorporation Date 28 January 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Here Solutions Singapore Pte Ltd
Compliance Status Active Compliant

Contact details

Here Solutions India Private Limited's registered office is in Mumbai, Maharashtra. Its website is here.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    11th Flr B Wing Nesco IT Park, Tower 4 Western Express Highway, Mumbai, Maharashtra, India – 400063
  • Industry
    Information Technology, Geographic Information System (GIS) Solutions

To see the full contact details of Here Solutions India Private Limited, buy the company report.

Comprehensive company report
Here Solutions India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Here Solutions India operates one associated brand: HERE. Each brand links to its own profile.

BrandDescriptionWebsite
Location-based services and mapping solutions are provided globally.here.com

Business activity

The main business activity of Here Solutions India is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Here Solutions India Private Limited, buy the company report.

Financials of Here Solutions India Private Limited

FY 2025 filings available

Here Solutions India Private Limited reported revenue of ₹895.28 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹895.28 Cr ▲ 14%
Net profit · FY 2025
₹117.93 Cr margin 13.2%
EBITDA · FY 2025
₹232.18 Cr margin 25.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 9%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 1%
5 years · compounded
▲ 2%

Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 14% growth in the latest year. EBITDA rose 17% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹232.18 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹117.93 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin25.9%
Net Profit Margin13.2%
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 Here Solutions India Private Limited, buy the company report.

Board of directors of Here Solutions India Private Limited

Here Solutions India has 4 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sachin MalhotraDirector05 Sep 20224 Years 1 MonthsCurrent
Vijay Christian AmannaDirector11 May 20179 Years 5 MonthsCurrent
Nitin Laxman NakadiDirector17 Dec 20196 Years 10 MonthsCurrent
Shylaja Sadananda BhatDirector30 Sep 20224 Years 0 MonthsCurrent

Auditor

Here Solutions India Private Limited is audited by S.R.Batliboi and Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R.Batliboi and Associates LLPFY 2023101049W/E300004

Shareholding

The shareholding of Here Solutions India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Here Solutions India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.67 Cr
Satisfied charges
₹3.61 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹7.98 Cr
Axis Bank Limited₹1.33 Cr
Citi Bank N.A.₹1.00 Cr
Standard Chartered Bank₹0.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2025101195676Axis Bank Limited₹26.51 LakhOpen
30 Sep 2025101171873Axis Bank Limited₹18.69 LakhOpen
29 Jul 2025101138395Axis Bank Limited₹17.32 LakhOpen
29 Jun 2025101126406Axis Bank Limited₹18.68 LakhOpen
28 Jun 2025101126415Axis Bank Limited₹51.79 LakhOpen

To see the full charge records of Here Solutions India Private Limited, buy the company report.

Total charge records: 37 View all charges

Deals & funding

Here Solutions India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹50.29 Cr; the latest was in July 2008.

Total deals
1
Funding round
1
Disclosed funding
₹50.29 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2008Funding round₹50.29 CrInvestors: Here Solutions Singapore Pte Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Here Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Here Solutions India Private Limited has a workforce of 3,127 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.

Employee count
3,127
Active EPFO establishments
1
Employee growth
-1.36%

GST

Here Solutions India has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
9
Active
6
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AACCN7231R1ZXMaharashtraActive01 Jul 2017
27AACCN7231R2ZWMaharashtraActive01 Jul 2017
27AACCN7231R3ZVMaharashtraActive29 Jan 2020
27AACCN7231R4ZUMaharashtraActive19 Feb 2024

To see the full GST registrations and return filing status of Here Solutions India Private Limited, buy the company report.

Recent activity

Here Solutions India Private Limited has 25 board changes on record since 2009: 5 appointments and 20 cessations. The latest: Sachin Malhotra ceased to be Additional Director on 30 Sep 2022.

Charges
A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 101195676 was registered on 28 Nov 2025.
AGM
Here Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101171873 was registered on 30 Sep 2025.
Charges
A charge registered on 10 Jul 2020 via Charge ID 100355045 with Hdfc Bank Limited was fully satisfied on 22 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101138395 was registered on 29 Jul 2025.
Charges
A charge registered on 12 Jul 2022 via Charge ID 100598846 with Hdfc Bank Limited was fully satisfied on 28 Jul 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101126406 was registered on 29 Jun 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.52 Cr with Charge ID 101126415 was registered on 28 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101110386 was registered on 03 Jun 2025.
Charges
A charge registered on 27 Feb 2020 via Charge ID 100338625 with Hdfc Bank Limited was fully satisfied on 23 May 2025.
Filing
Here Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101070908 was registered on 10 Mar 2025.

67 earlier events are in the company report.

Frequently asked questions

Here Solutions India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 28 January 2008 (18+ years old) and is registered under CIN U72900MH2008FTC178295.

Here Solutions India has 4 current directors:

The latest financial statements of Here Solutions India 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 2015 are in the company report.

The GSTIN of Here Solutions India is 27AACCN7231R1ZX, registered in Maharashtra. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 27AACCN7231R2ZW (Maharashtra), 27AACCN7231R3ZV (Maharashtra), 27AACCN7231R4ZU (Maharashtra).

The CIN (Corporate Identification Number) of Here Solutions India is U72900MH2008FTC178295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Here Solutions India has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.

Here Solutions India was incorporated on 28 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.

Here Solutions India has 1 deal on record (1 funding round), with disclosed funding of ₹50.29 Cr; the latest was in July 2008.

Sachin Malhotra ceased to be Additional Director on 30 Sep 2022. Shylaja Sadananda Bhat was appointed as Director on 30 Sep 2022. Sachin Malhotra was appointed as Director on 05 Sep 2022. Here Solutions India has 25 board changes on record in total.

Here Solutions India can be reached through the website here.com. Its registered office is in Mumbai, Maharashtra, India.