About Hic IT Solution and Services Private Limited
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Hic IT Solution and Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2016PTC308616.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Piyush Singhal and Piyush Kalra.
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 A – 3/329 Ground Floor Paschim Vihar, New Delhi, Delhi, India – 110063.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.69 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 7.9%) and EBITDA of ₹2.47 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 39% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Shopify Made Easy and HIC Global Solutions. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shopifysalesforcemadeasy.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 3/329 Ground Floor Paschim Vihar, New Delhi, Delhi, India – 110063
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Hic IT Solution and Services Private Limited
The main business activity of Hic IT Solution and Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hic IT Solution and Services Private Limited FY 2025 filings available
Hic IT Solution and Services Private Limited reported revenue of ₹21.69 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Hic IT Solution and Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 71% growth in the latest year. EBITDA rose 119% 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 of Hic IT Solution and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.71 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hic IT Solution and Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hic IT Solution and Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hic IT Solution and Services Private Limited
Hic IT Solution and Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savic Technologies Private Limited | ₹21.78 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Navi Mumbai, Maharashtra, India |
| Netgear Technologies India Private Limited | ₹21.76 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Pythtech Private Limited | ₹21.74 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| J M Baxi Technologies Private Limited | ₹21.73 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Sion East, Mumbai, Maharashtra, India |
| Nfinity Solutions Private Limited | ₹21.7 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Hyderabad, Telangana, India |
| Hic IT Solution and Services Private Limited this company | ₹21.69 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | New Delhi, Delhi, India |
| Thinkstep Sustainability Solutions Private Limited | ₹21.67 Cr (FY 2024) | •••• | •••• | 61.0% | •••• | Mumbai, Maharashtra, India |
| B2b Software Technologies Limited Listed | ₹21.66 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Dimagi Software Innovations Private Limited | ₹21.64 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Feat Systems Private Limited | ₹21.64 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Thane, Maharashtra, India |
| Orchasp Limited Listed | ₹21.62 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Hic IT Solution and Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hic IT Solution and Services Private Limited
Hic IT Solution and Services Private Limited is audited by AGRAWAL NANDAN TANEJA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL NANDAN TANEJA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hic IT Solution and Services Private Limited
Hic IT Solution and Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Singhal Also directs: Hic Docs Made Easy App Private Limited, Hic App Solutions Private Limited, Outsource SFDC Private Limited and 2 more | Director | 25 Nov 2016 | 9 Years 10 Months | Current |
| Piyush Kalra Also directs: Hic Docs Made Easy App Private Limited, Hic App Solutions Private Limited, Outsource SFDC Private Limited and 2 more | Director | 25 Nov 2016 | 9 Years 10 Months | Current |
| Kumar Abhineet Also directs: Hic Docs Made Easy App Private Limited, Hic App Solutions Private Limited, Outsource SFDC Private Limited and 2 more | Director | 25 Nov 2016 | 9 Years 10 Months | Current |
| Sumit Mishra Also directs: Hic Docs Made Easy App Private Limited, Hic App Solutions Private Limited, Outsource SFDC Private Limited and 2 more | Director | 25 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Hic IT Solution and Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hic IT Solution and Services Private Limited
Hic IT Solution and Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Hic IT Solution and Services Private Limited
Hic IT Solution and Services Private Limited has 2 court cases on record: 2 filed by Hic IT Solution and Services. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Hic IT Solution and Services Private Limited
Hic IT Solution and Services operates two associated brands: Shopify Made Easy and HIC Global Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a Salesforce-Shopify integration connector app for seamless operations. | shopifysalesforcemadeasy.com | |
| Salesforce consulting and IT services are provided by HIC Global Solutions. | hicglobalsolutions.com |
Employees and EPFO Compliance at Hic IT Solution and Services Private Limited
Hic IT Solution and Services Private Limited has a workforce of 78 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hic IT Solution and Services Private Limited
Hic IT Solution and Services Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Kumar Abhineet was appointed as Director on 25 Nov 2016.
Credit Ratings, Litigation & Regulatory Alerts for Hic IT Solution and Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hic IT Solution and Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hic IT Solution and Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hic IT Solution and Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hic IT Solution and Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hic IT Solution and Services Private Limited
Hic IT Solution and Services is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 November 2016 (10+ years old) and is registered under CIN U72900DL2016PTC308616.
Hic IT Solution and Services reported revenue of ₹21.69 Cr for FY 2025 (up 71% YoY).
Hic IT Solution and Services has 4 current directors:
- Piyush Singhal - Director
- Piyush Kalra - Director
- Kumar Abhineet - Director
- Sumit Mishra - Director
Hic IT Solution and Services reported a net profit of ₹1.71 Cr (net margin 7.9%) and EBITDA of ₹2.47 Cr (EBITDA margin 11.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hic IT Solution and Services is 34% over three years and 39% over five years. In the latest year (FY 2025) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hic IT Solution and Services is U72900DL2016PTC308616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hic IT Solution and Services has 2 court cases on record: 2 filed by the company.
Hic IT Solution and Services was incorporated on 25 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hic IT Solution and Services by revenue are Savic Technologies Private Limited, Netgear Technologies India Private Limited, Pythtech Private Limited, J M Baxi Technologies Private Limited, Nfinity Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Kumar Abhineet was appointed as Director on 25 Nov 2016. Piyush Kalra was appointed as Director on 25 Nov 2016. Piyush Singhal was appointed as Director on 25 Nov 2016. Hic IT Solution and Services has 4 board changes on record in total.
Hic IT Solution and Services can be reached through the website shopifysalesforcemadeasy.com. Its registered office is in New Delhi, Delhi, India.