About HG Retail Solutions Private Limited
Data last updated:
HG Retail Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 05 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2004PTC125637. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹8.2 Cr and a paid-up capital of ₹7.3 Cr. It is led by directors Karan Tomar and Kusum Tanwar.
Its last annual general meeting (AGM) was held on 21 January 2014, and its latest financial statements are for the year ended 31 March 2013. The registered office is at B 69 Shivalik, New Delhi, Delhi, India – 110017.
As per MCA filings, the company has open charges of ₹84.81 Cr and satisfied charges of ₹23.36 Cr on record. Court records list 47 cases involving the company, including 8 filed by the company and 39 filed against it; 12 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hgretail.co.in.
Company details
Contact details
HG Retail Solutions Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressB 69 Shivalik, New Delhi, Delhi, India – 110017
- IndustryFashion and Textile, Fashion Retail
- 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
Financials of HG Retail Solutions Private Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2012-13 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 HG Retail Solutions Private Limited, buy the company report.
Board of directors of HG Retail Solutions Private Limited
HG Retail Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Tomar | Director | 05 Apr 2004 | 22 Years 7 Months | Current |
| Kusum Tanwar | Director | 04 Oct 2004 | 22 Years 1 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2012 | 10364931 | Indian Overseas Bank ( Lead Bank) | ₹39.66 Cr | Open | |
| 03 May 2012 | 10352666 | Bank of Baroda | ₹10 Cr | Open | |
| 16 Feb 2012 | 10339392 | Small Industries Development Bank of India | ₹1 Cr | Open | |
| 23 Jun 2009 | 10169897 | Indian Overseas Bank | ₹34.15 Cr | Open | |
| 17 Feb 2011 | 10271117 | Intec Capital Limited | ₹60 Lakh | Satisfied |
To see the full charge records of HG Retail Solutions Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
HG Retail Solutions Private Limited has 47 court cases on record: 8 filed by HG Retail Solutions, 39 filed against it. 12 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 36 | 11 |
| High courts | 6 | 3 | 1 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Limited | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against M/S. Intec Capital Limited | Pending |
| District court, South, Delhi | Execution petition | Filed against the company by Intec Capital Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Benetton India Pvt Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Pending |
To see the full case history of HG Retail Solutions 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.
Credit ratings & regulatory alerts
HG Retail Solutions Private Limited was last rated by Brickwork on 27 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 27 Nov 2019 |
To see the full credit ratings and regulatory alerts of HG Retail Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HG Retail Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HG Retail Solutions has 4 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 HG Retail Solutions Private Limited, buy the company report.
Recent activity
HG Retail Solutions Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Kusum Tanwar was appointed as Director on 04 Oct 2004.
23 earlier events are in the company report.
Frequently asked questions
HG Retail Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 05 April 2004 (22+ years old) and is registered under CIN U51909DL2004PTC125637.
HG Retail Solutions has 2 current directors:
- Karan Tomar - Director
- Kusum Tanwar - Director
The latest financial statements of HG Retail Solutions on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 21 January 2014. Year-wise statements from 2015 are in the company report.
No. HG Retail Solutions has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of HG Retail Solutions is U51909DL2004PTC125637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HG Retail Solutions has 47 court cases on record: 8 filed by the company and 39 filed against it. 12 are pending. Most are in the district courts.
HG Retail Solutions was incorporated on 05 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Kusum Tanwar was appointed as Director on 04 Oct 2004. Karan Tomar was appointed as Director on 05 Apr 2004.
HG Retail Solutions can be reached through the website hgretail.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of HG Retail Solutions is at B 69 Shivalik, New Delhi, Delhi, India – 110017.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
