About HGS International Services Private Limited
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HGS International Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hinduja Global Solutions Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business process outsourcing sector. It was incorporated on 06 February 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32304MH2007PTC167602. Its GSTIN is 27AABCH8302C1Z1 (Maharashtra). The company held 8 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹2.65 Cr and a paid-up capital of ₹2.23 Cr. It was formerly known as Htmt Network Private Limited and Hinduja Outsourcing Solutions India Private Limited. It was led by directors including Harish Avtarkrishna Chopra (Whole-Time Director) and Ramesh Gopalan.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Hinduja House 171 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2017, the company reported a revenue of ₹366.47 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹96.31 Cr (net margin 26.3%) and EBITDA of ₹114.32 Cr (EBITDA margin 31.2%).
As per MCA filings, the company had satisfied charges of ₹40.54 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹12 Cr; the latest was in March 2015.
The last known website on record is teamhgs.com.
Company details
Name history
HGS International Services has undergone 2 name changes throughout its history. The company was previously known as Htmt Network Private Limited, and Hinduja Outsourcing Solutions India Private Limited. The current legal name is Hgs International Services Private Limited.
| Company Name | Status |
|---|---|
| HGS International Services Private Limited | Current |
| Htmt Network Private Limited | Previous |
| Hinduja Outsourcing Solutions India Private Limited | Previous |
Contact details
HGS International Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is teamhgs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHinduja House 171 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of HGS International Services 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
Business activity
The main business activity of HGS International Services is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of HGS International Services Private Limited, buy the company report.
Financials of HGS International Services Private Limited
FY 2017 filings availableHGS International Services Private Limited reported revenue of ₹366.47 Cr (up 43% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year. EBITDA rose 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹114.32 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹96.31 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 31.2% | ||
| Net Profit Margin | 26.3% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of HGS International Services Private Limited, buy the company report.
Board of directors of HGS International Services Private Limited
HGS International Services has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Gopalan Also directs: Sagility Limited | Director | 14 Jul 2011 | 15 Years 3 Months | As last reported |
| Harish Avtarkrishna Chopra | Whole-Time Director | 02 Jul 2014 | 12 Years 4 Months | As last reported |
| Sridhar Krishnamurthy | Director | 28 Nov 2013 | 12 Years 11 Months | As last reported |
| Suryanarayanan Mahadevan | Director | 08 Aug 2014 | 12 Years 3 Months | As last reported |
| Viswanath Rama Rao | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
| Rangan Mohan Also directs: Kemio Solutions Private Limited, Mresult Technologies Private Limited, Amin Holdings Private Limited and 3 more | Director | 30 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
HGS International Services Private Limited is audited by PRICE WATERHOUSE for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE | FY 2016 | 301112E |
Shareholding
The shareholding of HGS International Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of HGS International Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2016 | 100059966 | Others | ₹22 Cr | Satisfied | |
| 11 Dec 2013 | 10465723 | Icici Bank Limited | ₹7 Cr | Satisfied | |
| 10 Dec 2012 | 10393563 | Icici Bank Limited | ₹10 Cr | Satisfied | |
| 26 May 2009 | 10161862 | Development Credit Bank Limited | ₹1.5 Cr | Satisfied | |
| 14 May 2008 | 10112437 | Central Bank of India | ₹4 Lakh | Satisfied |
To see the full charge records of HGS International Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
HGS International Services Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹12 Cr; the latest was in March 2015.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: Hinduja Global Solutions Limited |
| Dec 2010 | Acquisition | ₹94 Lakh | Buyer: Hinduja Global Solutions Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Hinduja Global Solutions Limited , Hinduja Global Solutions Limited & Prasenjit Guha Seller: 2 individuals |
To see the full deal history of HGS International Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HGS International Services Private Limited has 3 court cases on record: 3 filed by HGS International Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
To see the full case history of HGS International Services 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 HGS International Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HGS International Services has 8 GST registrations: 2 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH8302C1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 29AABCH8302C2ZW | Karnataka | Active | 23 Sep 2017 |
To see the full GST registrations and return filing status of HGS International Services Private Limited, buy the company report.
Recent activity
HGS International Services Private Limited has 20 board changes on record since 2010: 6 appointments and 14 cessations. The latest: Suryanarayanan Mahadevan ceased to be Additional Director on 29 Sep 2015.
21 earlier events are in the company report.
News
Frequently asked questions
HGS International Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
HGS International Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in business process outsourcing, within the business outsourcing industry. It was incorporated on 06 February 2007 and is registered under CIN U32304MH2007PTC167602. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
HGS International Services was incorporated on 06 February 2007. It is registered with the Registrar of Companies, Mumbai.
HGS International Services had 6 directors:
- Harish Avtarkrishna Chopra - Whole-Time Director
- Ramesh Gopalan - Director
- Sridhar Krishnamurthy - Director
- Suryanarayanan Mahadevan - Director
- Viswanath Rama Rao - Director
- Rangan Mohan - Director
The CIN (Corporate Identification Number) of HGS International Services is U32304MH2007PTC167602. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of HGS International Services is at Hinduja House 171 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
HGS International Services can be reached through the website teamhgs.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of HGS International Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of HGS International Services is 27AABCH8302C1Z1, registered in Maharashtra. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 29AABCH8302C2ZW (Karnataka).
HGS International Services operated in the business outsourcing industry, in the business process outsourcing segment.
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