About Highorbit Careers Private Limited
Data last updated:
Highorbit Careers Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Info Edge (India) 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 online classifieds and listings segment of the internet and digital services sector. It was incorporated on 30 August 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2010PTC207653. Its GSTIN is 07AACCH5150K1ZL (Delhi). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹6 Lakh and a paid-up capital of ₹3.24 Lakh. It was led by directors including Hitesh Oberoi and Sanjeev Bikhchandani.
Its last annual general meeting (AGM) was held on 31 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at GF – 12 – A Meghdoot Building 94 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2021, the company reported a revenue of ₹21.86 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Cr (net margin 9.8%) and EBITDA of ₹2.98 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 26% over five years.
The company had about 83 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Engineeristic and IIMjobs. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹10.41 Cr; the latest was in June 2019.
The last known website on record is iimjobs.com.
Company details
Contact details
Highorbit Careers Private Limited's registered office is in New Delhi, Delhi. Its website is iimjobs.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGF – 12 – A Meghdoot Building 94 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInternet, Online Classifieds & Listings, Online Job Portals
To see the full contact details of Highorbit Careers 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
Highorbit Careers operates two associated brands: Engineeristic and IIMjobs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Job portal offering listings in engineering, logistics, and technical fields. | engineeristic.com | |
| Online job board for mid and senior level management positions | iimjobs.com |
Business activity
The main business activity of Highorbit Careers is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Highorbit Careers Private Limited, buy the company report.
Financials of Highorbit Careers Private Limited
FY 2021 filings availableHighorbit Careers Private Limited reported revenue of ₹21.86 Cr (up 11% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 11% growth in the latest year. EBITDA rose 146% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹21.86 Cr | ||||
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| EBITDA | ₹2.98 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | ||||
| Net Profit Margin | 9.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Highorbit Careers Private Limited, buy the company report.
Board of directors of Highorbit Careers Private Limited
Highorbit Careers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Oberoi Also directs: Info Edge (India) Limited, Allcheckdeals India Private Limited, Jeevansathi Internet Services Private Limited and 4 more | Director | 25 Jun 2019 | 7 Years 4 Months | As last reported |
| Rajesh Kumar Aggarwal | Additional Director | 22 Dec 2021 | 4 Years 10 Months | As last reported |
| Sanjeev Bikhchandani Also directs: Multiples Private Equity Fund II LLP, Info Edge (India) Limited, Eternal Limited and 5 more | Director | 25 Jun 2019 | 7 Years 4 Months | As last reported |
Auditor
Highorbit Careers Private Limited is audited by SONI GULATI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SONI GULATI & CO | FY 2021 | 008770N |
Shareholding
The shareholding of Highorbit Careers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Highorbit Careers Private Limited, buy the company report.
Deals & funding
Highorbit Careers Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹10.41 Cr; the latest was in June 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Acquisition | ₹49.82 Cr | Buyer: Info Edge Ventures Seller: 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: P D K Impex Private Limited , Shivalok Estates Pvt Ltd , an individual Seller: Pivotal Business Managers LLP , Lalita Steel Industries Pvt Ltd |
| Nov 2016 | Funding round | ₹9.46 Cr | Investors: India Quotient, Dinero Wealth Private Limited , 2 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: India Quotient, Dinero Wealth Private Limited , 2 individuals Seller: India Venture Partners, Morpheus Accelerator, 2 individuals |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: India Quotient Seller: One97 Mobility Fund, 3 individuals |
To see the full deal history of Highorbit Careers 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
No court or tribunal cases involving Highorbit Careers 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 Highorbit Careers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Highorbit Careers Private Limited has a workforce of 83 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Highorbit Careers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCH5150K1ZL | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Highorbit Careers Private Limited, buy the company report.
Recent activity
Highorbit Careers Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Murlee Manohar Jain ceased to be Director on 31 Mar 2022.
Frequently asked questions
Highorbit Careers 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.
Highorbit Careers was a private limited company based in New Delhi, Delhi, India. The company worked in online classifieds and listings, within the internet industry. It was incorporated on 30 August 2010 and is registered under CIN U72900DL2010PTC207653. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Highorbit Careers was incorporated on 30 August 2010. It is registered with the Registrar of Companies, Delhi.
Highorbit Careers had 3 directors:
- Hitesh Oberoi - Director
- Rajesh Kumar Aggarwal - Additional Director
- Sanjeev Bikhchandani - Director
The CIN (Corporate Identification Number) of Highorbit Careers is U72900DL2010PTC207653. 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 Highorbit Careers is at GF – 12 – A Meghdoot Building 94 Nehru Place, New Delhi, Delhi, India – 110019.
Highorbit Careers can be reached through the website iimjobs.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Highorbit Careers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 August 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Highorbit Careers is 07AACCH5150K1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Highorbit Careers operated in the internet industry, in the online classifieds and listings segment.
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