MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0232600
Hindusthan Infrastructure Projects & Engineering Private Limited - business services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.37 Cr
▼ 36% YoY
Net loss · FY 2025
₹230.78 Cr
Latest filing
EBITDA · FY 2025
-₹218.31 Cr
Latest filing
Authorised capital
₹68.1 Cr
Registered with MCA
Paid-up capital
₹59.32 Cr
Issued & subscribed
Satisfied charges
₹137.05 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
2
Provident fund records
About Hindusthan Infrastructure Projects & Engineering Private Limited
Data last updated:
Hindusthan Infrastructure Projects & Engineering Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Jupiter Capital Private Limited. It operates in the facility management segment of the business services sector. It was incorporated on 21 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA1993PTC014830. Its GSTIN is 29AAACR8981Q1ZA (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹68.1 Cr and a paid-up capital of ₹59.32 Cr. It was formerly known as Rag Construction and Real Estate Private Limited. It is led by directors including Praveenkumar Kodialbail Raghava and Mathevanpillai Sivaram.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 54 Richmond Road Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.37 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹230.78 Cr and EBITDA of -₹218.31 Cr. Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 28% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Hindusthaninfrastructure and HIPE. As per MCA filings, the company has satisfied charges of ₹137.05 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 2 cases are pending. The company has 13 deals on record (8 secondary share transfers, 3 funding rounds, 2 acquisitions), with disclosed funding of ₹53.4 Cr; the latest was in March 2015. The company has 14 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 7 micro and small suppliers.
Hindusthan Infrastructure Projects & Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0232600). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hipe.in.
Company details
CIN U70109KA1993PTC014830
Registration Number 014830
Incorporation Date 21 October 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Jupiter Capital Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0232600
Key People
Praveenkumar Kodialbail Raghava Director Mathevanpillai Sivaram Director Kuppuswamy Ramesh Director Recognitions & Rankings of Hindusthan Infrastructure Projects & Engineering
Contact details
Hindusthan Infrastructure Projects & Engineering Private Limited's registered office is in Bangalore, Karnataka. Its website is hipe.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 54 Richmond Road Bangalore, Karnataka, India – 560025
- IndustryBusiness Services, Facility Management
To see the full contact details of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Comprehensive company report
Hindusthan Infrastructure Projects & Engineering 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
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Brands
Hindusthan Infrastructure Projects & Engineering operates two associated brands: Hindusthaninfrastructure and HIPE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure projects are developed by HIPE in India since 1993. | hipe.in | |
| hindusthaninfrastructure.com |
Business activity
The main business activity of Hindusthan Infrastructure Projects & Engineering is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Financials of Hindusthan Infrastructure Projects & Engineering Private Limited
FY 2024 filings availableHindusthan Infrastructure Projects & Engineering Private Limited reported revenue of ₹11.37 Cr (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹11.37 Cr ▼ 36%
Net loss · FY 2025
₹230.78 Cr
EBITDA · FY 2025
-₹218.31 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 13%
5 years · compounded
▼ 28%
EBITDA CAGR growth
3 years · compounded
▼ 207%
5 years · compounded
▼ 55%
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 36% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹218.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹230.78 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Board of directors of Hindusthan Infrastructure Projects & Engineering Private Limited
Hindusthan Infrastructure Projects & Engineering has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveenkumar Kodialbail Raghava Also directs: Hipe Infrastructure Projects LLP, Blue Mountain Coffee Private Limited, Bharat Media Publications Private Limited and 5 more | Director | 05 May 2025 | 1 Years 6 Months | Current |
| Mathevanpillai Sivaram Also directs: Blue Mountain Coffee Private Limited, Bharat Media Publications Private Limited, Indian Aero Ventures Private Limited and 5 more | Director | 01 Sep 2008 | 18 Years 2 Months | Current |
| Kuppuswamy Ramesh Also directs: Hipe Infrastructure Projects LLP, Bharat Media Publications Private Limited, Hipe Realty Developers Private Limited and 5 more | Director | 08 Aug 2024 | 2 Years 3 Months | Current |
Auditor
Hindusthan Infrastructure Projects & Engineering Private Limited is audited by NBS & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NBS & Co | FY 2023 | 110100W |
Shareholding
The shareholding of Hindusthan Infrastructure Projects & Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹137.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2016 | 100021050 | Dbs Bank Ltd | ₹30.8 Cr | Satisfied | |
| 18 Mar 2013 | 10416268 | The Ratnakar Bank Limited | ₹25 Cr | Satisfied | |
| 31 Dec 2012 | 10397435 | Corporation Bank | ₹11.25 Cr | Satisfied | |
| 27 Jul 2012 | 10368622 | Others | ₹15 Cr | Satisfied | |
| 30 Jun 2011 | 10297416 | Yes Bank Limited | ₹35 Cr | Satisfied |
To see the full charge records of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Hindusthan Infrastructure Projects & Engineering Private Limited has 13 deals on record (8 secondary share transfers, 3 funding rounds, 2 acquisitions), with disclosed funding of ₹53.4 Cr; the latest was in March 2015.
Total deals
13
Secondary share transfers
8
Funding rounds
3
Acquisitions
2
Disclosed funding
₹53.4 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Jupiter Capital Seller: Asianet TV Holdings Private Limited |
| Apr 2009 | Secondary share transfer | Undisclosed | Buyer: Asianet TV Holdings Private Limited Seller: Asianet News & Entertainment (North) Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Asianet News & Entertainment (North) Private Limited Seller: Tayana Consult Private Limited |
| Feb 2009 | Funding round | ₹7.9 Cr | Investors: Tayana Consult Private Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Jupiter Capital Seller: Shayona Metals Private Limited |
To see the full deal history of Hindusthan Infrastructure Projects & Engineering 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
Hindusthan Infrastructure Projects & Engineering Private Limited has 10 court cases on record: 6 filed by Hindusthan Infrastructure Projects & Engineering, 4 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed by the company
6
Filed against the company
4
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against State of Karnataka | Pending |
| High Court, KARNATAKA | Court case (CCC) | Filed by the company against individuals | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| Madras High Court | Appeal | Filed against the company | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Disposed |
To see the full case history of Hindusthan Infrastructure Projects & Engineering 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
Hindusthan Infrastructure Projects & Engineering Private Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Network Detective Agency Pvt. Ltd. | |||
| Shetty Infraservices Private Limited | |||
| Tque3 Travel Management Private Limited | |||
| an individual supplier | |||
| P N Writer and Company Private Limited |
To see the full MSME payment records of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hindusthan Infrastructure Projects & Engineering has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Bharat Media Publications Private Limited | U22300KA2005PTC035592 | |
| Hipe Property Consultancy Private Limited | U70100KA2018PTC111033 |
To see the full group structure of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Employees & EPFO
Hindusthan Infrastructure Projects & Engineering Private Limited has a workforce of 2 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
100%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 2 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
GST
Hindusthan Infrastructure Projects & Engineering has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACR8981Q1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hindusthan Infrastructure Projects & Engineering Private Limited, buy the company report.
Recent activity
Hindusthan Infrastructure Projects & Engineering Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Praveenkumar Kodialbail Raghava ceased to be Additional Director on 28 Sep 2025.
Ceased
Praveenkumar Kodialbail Raghava ceased to be Additional Director.
Appointed
Praveenkumar Kodialbail Raghava was appointed as Director.
AGM
Hindusthan Infrastructure Projects & Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Kuppuswamy Ramesh ceased to be Additional Director.
Appointed
Kuppuswamy Ramesh was appointed as Director.
Filing
Hindusthan Infrastructure Projects & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 29 Mar 2016 via Charge ID 100021050 with Dbs Bank Ltd was fully satisfied on 12 May 2023.
Ceased
Sudhakar Gande ceased to be Additional Director.
Charges
A charge with Dbs Bank Ltd of Rs. 30.80 Cr registered on 29 Mar 2016 with Charge ID 100021050 was modified on 28 Jun 2021.
Charges
A charge registered on 27 Jul 2012 via Charge ID 10368622 with Others was fully satisfied on 19 May 2021.
Ceased
Venkatraman Venkitachalam ceased to be Company Secretary.
Ceased
Madhavi Khandavalli ceased to be Company Secretary.
21 earlier events are in the company report.
Frequently asked questions
Hindusthan Infrastructure Projects & Engineering is an active private limited company based in Bangalore, Karnataka, India. The company works in facility management, within the business services industry. It was incorporated on 21 October 1993 (33+ years old) and is registered under CIN U70109KA1993PTC014830.
Hindusthan Infrastructure Projects & Engineering has 3 current directors:
- Praveenkumar Kodialbail Raghava - Director
- Mathevanpillai Sivaram - Director
- Kuppuswamy Ramesh - Director
The latest financial statements of Hindusthan Infrastructure Projects & Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hindusthan Infrastructure Projects & Engineering is 29AAACR8981Q1ZA, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Hindusthan Infrastructure Projects & Engineering is U70109KA1993PTC014830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindusthan Infrastructure Projects & Engineering has 10 court cases on record: 6 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.
Hindusthan Infrastructure Projects & Engineering was incorporated on 21 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Hindusthan Infrastructure Projects & Engineering has 13 deals on record (8 secondary share transfers, 3 funding rounds, 2 acquisitions), with disclosed funding of ₹53.4 Cr; the latest was in March 2015.
Praveenkumar Kodialbail Raghava ceased to be Additional Director on 28 Sep 2025. Praveenkumar Kodialbail Raghava was appointed as Director on 05 May 2025. Kuppuswamy Ramesh ceased to be Additional Director on 29 Sep 2024. Hindusthan Infrastructure Projects & Engineering has 14 board changes on record in total.
Yes, Hindusthan Infrastructure Projects & Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0232600).
Hindusthan Infrastructure Projects & Engineering has 14 MSME Form 1 returns on record between 2019 and 2023, listing 32 overdue payments to 7 micro and small suppliers. The latest return was filed on 17 Nov 2023.
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