About Hitcommerce Solutions Private Limited
Data last updated:
Hitcommerce Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the advertising and market research segment of the business services sector. It was incorporated on 01 August 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC256829.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hitpay Technologies Private Limited and Hitpay Private Limited. It was led by directors Alaknanda Purushottam Haripurkar and Purushottam Narasimha Haripurkar.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Office No. 157 'B' Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
The last known website on record is thesocialmill.net.
Name History of Hitcommerce Solutions Private Limited
Hitcommerce Solutions has undergone 3 name changes throughout its history. The company was previously known as Hitpay Technologies Private Limited, Hitpay Private Limited, and The Social Mill Digital Solutions Private Limited. The current legal name is Hitcommerce Solutions Private Limited.
| Company Name | Status |
|---|---|
| Hitcommerce Solutions Private Limited | Current |
| Hitpay Technologies Private Limited | Previous |
| Hitpay Private Limited | Previous |
| The Social Mill Digital Solutions Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 157 'B' Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Services, Advertising and Market Research
- 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
Financials of Hitcommerce Solutions Private Limited FY 2020 filings available
Hitcommerce Solutions Private Limited reported revenue of ₹415 (up 41% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Hitcommerce Solutions Private Limited
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 76%. 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 Hitcommerce Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Hitcommerce Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Hitcommerce Solutions are in the company report.
Financial statements from 2015
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.
Board of Directors of Hitcommerce Solutions Private Limited
Hitcommerce Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alaknanda Purushottam Haripurkar Also directs: Ambica International Private Limited, Ambica Paper Private Limited | Director | 01 Aug 2014 | 12 Years 2 Months | As last reported |
| Purushottam Narasimha Haripurkar Also directs: Ambica International Private Limited, Ambica Paper Private Limited | Director | 01 Aug 2014 | 12 Years 2 Months | As last reported |
Auditor Details of Hitcommerce Solutions Private Limited
Hitcommerce Solutions Private Limited is audited by Deepak K Wadia & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak K Wadia & Co. | 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.
Ownership and Shareholding of Hitcommerce Solutions 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 Hitcommerce Solutions Private Limited
Hitcommerce Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hitcommerce Solutions Private Limited
Employment history and EPFO contributions of people linked to Hitcommerce Solutions.
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 Hitcommerce Solutions Private Limited
Hitcommerce Solutions Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Aditya Purushottam Haripurkar ceased to be Director on 14 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Hitcommerce Solutions 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 Hitcommerce Solutions 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 Hitcommerce Solutions 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 Hitcommerce Solutions 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 Hitcommerce Solutions 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 Hitcommerce Solutions Private Limited
Hitcommerce Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hitcommerce Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in advertising and market research, within the business services industry. It was incorporated on 01 August 2014 and is registered under CIN U74900MH2014PTC256829. The company has been struck off by the Registrar of Companies and is no longer operational.
Hitcommerce Solutions had 2 directors:
- Alaknanda Purushottam Haripurkar - Director
- Purushottam Narasimha Haripurkar - Director
The CIN (Corporate Identification Number) of Hitcommerce Solutions is U74900MH2014PTC256829. 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 Hitcommerce Solutions is at Office No. 157 B Wing Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
Hitcommerce Solutions was incorporated on 01 August 2014. It is registered with the Registrar of Companies, Mumbai.
Hitcommerce Solutions can be reached through the website thesocialmill.net. Its registered office is in Mumbai, Maharashtra, India.
Hitcommerce Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Hitcommerce Solutions operated in the business services industry, in the advertising and market research segment. It worked in this industry before it was struck off.
No. Hitcommerce Solutions is not listed on any stock exchange. It is an unlisted company.