About Heuristics Info Systems Private Limited
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Heuristics Info Systems Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Msd Telematics Private Limited. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 20 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2004PTC125917. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Ashmeet Singh and Amit Kumar Dubey.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C – 5/32 Safdarjung Development Area, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.52 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹7.98 Lakh (net margin 5.2%) and EBITDA of ₹9.89 Lakh (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company is associated with 1 brand: Heuristics Info Systems. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heuristics.co.in.
Company details
Contact details
Heuristics Info Systems Private Limited's registered office is in New Delhi, Delhi. Its website is heuristics.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 5/32 Safdarjung Development Area, New Delhi, Delhi, India – 110016
- IndustryInformation Technology, Software Development & Support Services, Geographic Information System (GIS) Solutions
To see the full contact details of Heuristics Info Systems 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
Heuristics Info Systems operates one associated brand: Heuristics Info Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| GPS vehicle tracking and mobile personnel solutions are offered. | heuristics.co.in |
Business activity
The main business activities of Heuristics Info Systems are trade and information and communication. In detail, this covers retail trading and wired, wireless or satellite telecommunication activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Heuristics Info Systems Private Limited, buy the company report.
Financials of Heuristics Info Systems Private Limited
FY 2019 filings availableHeuristics Info Systems Private Limited reported revenue of ₹1.52 Cr (down 61% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 61% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 67% 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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| Revenue from Operations | ₹1.52 Cr | ||||
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| EBITDA | ₹9.89 Lakh | ||||
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| Net Profit (PAT) | ₹7.98 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 | 6.5% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Heuristics Info Systems Private Limited, buy the company report.
Board of directors of Heuristics Info Systems Private Limited
Heuristics Info Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Dubey Also directs: Dilip Sood Films Private Limited, Cyber Sangh Secure Private Limited, Mobi Armour Technologies Private Limited and 3 more | Additional Director | 26 Oct 2009 | 17 Years 0 Months | Current |
| Ashmeet Singh | Director | 20 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Heuristics Info Systems Private Limited is audited by R KHATTAR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R KHATTAR & ASSOCIATES | FY 2018 | 009880N |
Shareholding
The shareholding of Heuristics Info Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Heuristics Info Systems Private Limited, buy the company report.
Deals & funding
Heuristics Info Systems Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Acquisition | Undisclosed | Buyer: MSD Telematics Private Limited Seller: 4 individuals |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Heuristics Info Systems 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 Heuristics Info Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heuristics Info Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Heuristics Info Systems Private Limited, buy the company report.
Recent activity
Heuristics Info Systems Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Pradeep Kumar Rai ceased to be Additional Director on 01 Jun 2017.
Frequently asked questions
Heuristics Info Systems is an active private limited company based in New Delhi, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 20 April 2004 (22+ years old) and is registered under CIN U72900DL2004PTC125917.
Heuristics Info Systems has 2 current directors:
- Amit Kumar Dubey - Additional Director
- Ashmeet Singh - Director
The latest financial statements of Heuristics Info Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Heuristics Info Systems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Heuristics Info Systems is U72900DL2004PTC125917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heuristics Info Systems was incorporated on 20 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Heuristics Info Systems has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2018.
Pradeep Kumar Rai ceased to be Additional Director on 01 Jun 2017. Ashmeet Singh was appointed as Director on 20 Feb 2017. Aloknath De ceased to be Additional Director on 31 Jan 2012. Heuristics Info Systems has 7 board changes on record in total.
Heuristics Info Systems can be reached through the website heuristics.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Heuristics Info Systems is at C – 532 Safdarjung Development Area, New Delhi, Delhi, India – 110016.