Hitachi Mgrm Net Limited - Company Profile

It is a internet public limited company based in Gurugram, Haryana, India, established in 1998.
1998 Gurugram, Haryana, India Active
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About Hitachi Mgrm Net Limited

Hitachi Mgrm Net Limited, a active public limited company, was established on 28 May 1998 in Gurugram, Haryana, India. Engaging in online service marketplaces within the construction sector, it holds CIN: U74899HR1998PLC101561. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹22.00 Cr and a paid-up capital of ₹21.28 Cr.

Formerly known as Argus Infrastructure Limited, Mgrm Net Limited. It upholds a compliant status. Employing 84 professional, Its leadership includes Srinivasagopalan Regunathan (Director), Ashwani Windlass (Director), Muralidhar Komanduri (Director). Past directors included Srinivasagopalan Regunathan, Ashwani Windlass, Sandhya Windlass. It holds ₹60.00 Cr open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor, Mgrm House Plot No. 19, Huda, Institutional Area, Sector - 32,, Gurugram, Haryana, 122003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74899HR1998PLC101561

  • Registration Number

    101561

  • Incorporation Date

    28 May 1998

  • Authorized Capital

    ₹22.00 Cr

  • Paid-Up Capital

    ₹21.28 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 21.28 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 60.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth **** 89.45%
  • Profit Growth **** 645.62%
  • Ebitda **** 76.74%
  • Net Worth 7.74%
  • Total Assets **** 22.34%
Company report

Hitachi Mgrm Net Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hitachi Mgrm Net Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hitachi Mgrm Net Limited?
Current Directors
Name Designation Appointment Date Status
Srinivasagopalan Regunathan Director 01 Apr 2012 Current
Ashwani Windlass Director 04 Jun 2018 Current
Muralidhar Komanduri Director 08 Dec 2003 Current
Hicham Abdessamad Nominee Director 12 Jul 2018 Current
Kojin Nakakita Nominee Director 09 Apr 2018 Current
Komanduri Venkata Ramana Murthy Director 09 Apr 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Sep 2022 Past
Pramod Abcsdd Additional Director 04 Jun 2018 Past
Pramod Abcsdd Director 01 Sep 2008 Past
Pramod Abcsdd Director 27 Mar 2012 Past
Pramod Abcsdd Additional Director 04 Jun 2018 Past
Pramod Abcsdd Director 25 May 2018 Past

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Financial Performance of Hitachi Mgrm Net.

Hitachi Mgrm Net Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.45% increase. The company also saw a substantial improvement in profitability, with a 645.62% increase in profit. The company's net worth moved up by a moderate rise of 7.74%.

Hitachi Mgrm Net revenue growth over time
Hitachi Mgrm Net profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 89.45%
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Revenue from Operations
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 90.02%
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*******
*******
Total Assets
*******
 22.34%
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*******
*******
*******
Profit or Loss
*******
 645.62%
*******
*******
*******
*******
Net Worth
*******
 7.74%
*******
*******
*******
*******
EBITDA
*******
 76.74%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hitachi Mgrm Net?

In 2023, Hitachi Mgrm Net had a promoter holding of 73.99% and a public holding of 26.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹600,000,000.00

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 60.00 Cr
Latest Charge Details
Date Lender Amount Status
28 Jun 2017 Hdfc Bank Limited ₹60.00 Cr Open
08 Jun 2002 Canara Bank ₹1.50 Cr Satisfied

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How Many Employees Work at Hitachi Mgrm Net?

Hitachi Mgrm Net has a workforce of 84 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hitachi Mgrm Net, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hitachi Mgrm Net's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hitachi Mgrm Net
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Hitachi Mgrm Net Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Hitachi Mgrm Net Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was documented.

  • Director Appointment

    The activity Divya Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 05 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 28 Jun 2017 with Charge ID 100123753 was modified on 03 Apr 2023. was recorded as a recent event.

  • Director Appointment

    The activity Hitesh Arora was appointed as a CFO was appointed as a CFO on 27 Sep 2022 & has been associated with this company since 3 years 4 months . was completed.

  • Director Appointment

    Subhash C Malhotra was appointed as a Director was appointed as a Director on 20 Sep 2022 & has been associated with this company since 3 years 5 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Hitachi Mgrm Net Limited?

The CIN of Hitachi Mgrm Net Limited is U74899HR1998PLC101561.

Where is Hitachi Mgrm Net Limited headquartered?

Hitachi Mgrm Net Limited is headquartered at 1St Floor, Mgrm House Plot No. 19, Huda, Institutional Area, Sector - 32,, Gurugram, Haryana, 122003.

When was Hitachi Mgrm Net Limited incorporated?

Hitachi Mgrm Net Limited was incorporated on 28 May 1998.

Who are the current directors of Hitachi Mgrm Net Limited?

The current directors of Hitachi Mgrm Net Limited are

What is the primary industry of Hitachi Mgrm Net Limited?

The primary industry of Hitachi Mgrm Net Limited is Construction.

Is Hitachi Mgrm Net Limited a listed company?

Hitachi Mgrm Net Limited is unlisted.

What is the capital structure of Hitachi Mgrm Net Limited?

The authorized capital of Hitachi Mgrm Net Limited is ₹22.00 Cr, and the paid-up capital is ₹21.28 Cr.

What is the compliance status of Hitachi Mgrm Net Limited?

The compliance status of Hitachi Mgrm Net Limited is Compliant.

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