Hireward Finco Private Limited
About Hireward Finco Private Limited
Data last updated:
Hireward Finco Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Silicon First Realtors Private 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 diversified financial services segment of the financial services sector. It was incorporated on 13 August 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2010PTC206583.
The company had an authorised share capital of ₹95.1 Cr and a paid-up capital of ₹5.05 Cr. It was led by directors Sidharth Linga and Shrey Baid.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Room No. 2253 Building No. 46 Gandhi Nagar Suprabhat Chs Ltd Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹17,067. For the same year it recorded a net loss of ₹1.17 Cr and EBITDA of -₹92.15 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
Company details
Contact details
Hireward Finco Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. 2253 Building No. 46 Gandhi Nagar Suprabhat Chs Ltd Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Hireward Finco 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 Hireward Finco is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Hireward Finco Private Limited
FY 2018 filings availableHireward Finco Private Limited reported revenue of ₹17,067 for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over three years. EBITDA rose 72% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹17,067 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹92.15 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.17 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
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To see the full financial statements and ratios of Hireward Finco Private Limited, buy the company report.
Board of directors of Hireward Finco Private Limited
Hireward Finco has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidharth Linga | Director | 05 May 2018 | 8 Years 5 Months | As last reported |
| Shrey Baid | Director | 05 May 2018 | 8 Years 5 Months | As last reported |
Auditor
Hireward Finco Private Limited is audited by DULARESH K JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DULARESH K JAIN & ASSOCIATES | FY 2018 | 139701W |
Shareholding
The shareholding of Hireward Finco Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hireward Finco Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hireward Finco 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 Hireward Finco Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hireward Finco Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hireward Finco Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Shrey Baid ceased to be Additional Director on 29 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Hireward Finco 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.
Hireward Finco was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 13 August 2010 and is registered under CIN U67190MH2010PTC206583. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hireward Finco was incorporated on 13 August 2010. It is registered with the Registrar of Companies, Mumbai.
Hireward Finco had 2 directors:
- Sidharth Linga - Director
- Shrey Baid - Director
The CIN (Corporate Identification Number) of Hireward Finco is U67190MH2010PTC206583. 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 Hireward Finco is at Room No. 2253 Building No. 46 Gandhi Nagar Suprabhat Chs Ltd Bandra East, Mumbai, Maharashtra, India – 400051.
The latest financial statements of Hireward Finco on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Hireward Finco operated in the financial services industry, in the diversified financial services segment.
Shrey Baid ceased to be Additional Director on 29 Sep 2018. Sidharth Linga ceased to be Additional Director on 29 Sep 2018. Arif Mohammed Naseer Shaikh ceased to be Director on 12 May 2018. Hireward Finco has 10 board changes on record in total.
The compliance status of Hireward Finco is compliant as of 02 September 2026.