HGP Solutions Private Limited

HGP Solutions Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29308GJ2018PTC102480 Incorporated 22 May 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹7.95 Cr
▲ 42% YoY
Net profit · FY 2024
₹38.34 Lakh
Net margin 4.8%
EBITDA · FY 2024
₹63.32 Lakh
EBITDA margin 8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.85 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings

About HGP Solutions Private Limited

Data last updated:

HGP Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 22 May 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29308GJ2018PTC102480. Its GSTIN is 24AAECH5515L1ZK (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hardikbhai Patel Ghanshyambhai and Ghanshyambhai Narayanbhai Patel.

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 42 Gopi Bunglow Opp. Parvati Nagar Vastral Road, Ahmedabad, Gujarat, India – 382418.

As per the financials filed for FY 2024, the company reported a revenue of ₹7.95 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹38.34 Lakh (net margin 4.8%) and EBITDA of ₹63.32 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 56% over five years.

The company is associated with 1 brand: HGP Solutions. As per MCA filings, the company has open charges of ₹4.85 Cr on record.

HGP Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0009252). For more details, the company can be reached via its website hgpsolutions.in.

Company details

CIN U29308GJ2018PTC102480
Registration Number 102480
Incorporation Date 22 May 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0009252

Recognitions & Rankings of HGP Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0009252

Contact details

HGP Solutions Private Limited's registered office is in Ahmedabad, Gujarat. Its website is hgpsolutions.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    42 Gopi Bunglow Opp. Parvati Nagar Vastral Road, Ahmedabad, Gujarat, India – 382418
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment

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

Comprehensive company report
HGP Solutions 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

HGP Solutions operates one associated brand: HGP Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of CNC and VMC machine components for multiple industries in India.hgpsolutions.in

Business activity

The main business activity of HGP Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

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

Financials of HGP Solutions Private Limited

FY 2025 filings available

HGP Solutions Private Limited reported revenue of ₹7.95 Cr (up 42% YoY) for FY 2024.

Revenue · FY 2024
₹7.95 Cr ▲ 42%
Net profit · FY 2024
₹38.34 Lakh margin 4.8%
EBITDA · FY 2024
₹63.32 Lakh margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 41%
5 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 75%
5 years · compounded
▲ 72%

Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 42% growth in the latest year. EBITDA rose 75% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹63.32 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹38.34 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8%
Net Profit Margin4.8%
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 HGP Solutions Private Limited, buy the company report.

Board of directors of HGP Solutions Private Limited

HGP Solutions has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hardikbhai Patel GhanshyambhaiDirector22 May 20188 Years 5 MonthsCurrent
Ghanshyambhai Narayanbhai PatelDirector22 May 20188 Years 5 MonthsCurrent
Kenalkumar Natvarbhai PatelDirector22 May 20188 Years 5 MonthsCurrent

Peer comparison

HGP Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Elmech Automations Private Limited₹7.99 Cr (FY 2025)27.0%Coimbatore, Tamil Nadu, India
Paper Tube Machines Private Limited₹7.97 Cr (FY 2024)14.0%Pune, Maharashtra, India
HGP Solutions Private Limitedthis company₹7.95 Cr (FY 2024)₹38.34 Lakh4.8%42.0%Ahmedabad, Gujarat, India
Ipec Engineering Private Limited₹7.92 Cr (FY 2024)-56.0%Ankleshwar, Gujarat, India

To see the full peer comparison of HGP Solutions Private Limited, buy the company report.

Auditor

HGP Solutions Private Limited is audited by DARSHAN M PANCHAL & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
DARSHAN M PANCHAL & ASSOCIATESFY 2021132731W

Shareholding

The shareholding of HGP Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021
Promoters
Domestic institutional investors (DII)
Public
Others

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

Charges & borrowings

Open charges
₹4.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.85 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Feb 2026101238394Others₹4.85 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

GST

HGP Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECH5515L1ZKGujaratActive29 May 2018

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

Recent activity

HGP Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Ghanshyambhai Narayanbhai Patel was appointed as Director on 22 May 2018.

Charges
A charge with Others amounted to Rs. 484.80 Lakh with Charge ID 101238394 was registered on 19 Feb 2026.
AGM
Hgp Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hgp Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ghanshyambhai Narayanbhai Patel was appointed as Director.
Appointed
Hardikbhai Patel Ghanshyambhai was appointed as Director.
Appointed
Kenalkumar Natvarbhai Patel was appointed as Director.
Incorporation
22 May 2018
Hgp Solutions Private Limited was registered on 22 May 2018 with Roc Ahmedabad & aged 8 years 5 months as per MCA records.

Frequently asked questions

HGP Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 22 May 2018 (8+ years old) and is registered under CIN U29308GJ2018PTC102480.

HGP Solutions has 3 current directors:

The latest financial statements of HGP Solutions 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 FY 2019 are in the company report.

The GSTIN of HGP Solutions is 24AAECH5515L1ZK, registered in Gujarat.

The CIN (Corporate Identification Number) of HGP Solutions is U29308GJ2018PTC102480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

HGP Solutions was incorporated on 22 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of HGP Solutions by revenue are Elmech Automations Private Limited, Paper Tube Machines Private Limited, Ipec Engineering Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Ghanshyambhai Narayanbhai Patel was appointed as Director on 22 May 2018. Hardikbhai Patel Ghanshyambhai was appointed as Director on 22 May 2018. Kenalkumar Natvarbhai Patel was appointed as Director on 22 May 2018.

Yes, HGP Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0009252).

HGP Solutions can be reached through the website hgpsolutions.in. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of HGP Solutions is at 42 Gopi Bunglow Opp. Parvati Nagar Vastral Road, Ahmedabad, Gujarat, India – 382418.