About HLBS Tech Private Limited
Data last updated:
HLBS Tech Private Limited is a private limited company based in Huzur, Madhya Pradesh, India. It operates in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 23 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U05259MP2004PTC017184. Its GSTIN is 23AABCH5020R1ZL (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.7 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors Mitesh Lokwani and Meeta Talreja.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10 IT Park, Huzur, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.15 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.01 Cr (net margin 5.3%) and EBITDA of ₹7.12 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 29% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HLBS Tech. As per MCA filings, the company has open charges of ₹50.16 Cr and satisfied charges of ₹7 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hlbstech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. C – 10 IT Park New Jail Road, Badwai, Huzur, Madhya Pradesh, India – 462036
- IndustryInformation Technology, Computer Hardware Manufacturing & Retail
- 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
Associated Brands with HLBS Tech Private Limited
HLBS Tech operates one associated brand: HLBS Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures IT hardware including desktops, AIO PCs, and mini PCs in India. | hlbstech.com |
Competitors & Alternatives of HLBS Tech Private Limited
Brands and companies operating in the same space as HLBS Tech Private Limited include Flex, Dixon Technologies, Brandworks Technologies and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Flex | Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | San Jose, United States | 1969 |
 Dixon Technologies | Electronics manufacturing services are provided for consumer and home products. | Noida, India | 1993 |
 Brandworks Technologies | Provider of electronics manufacturing services | Palghar, India | 2017 |
 Veira Group | Electronic products are manufactured on contract by Veira Group. | Noida, India | 1975 |
 Oakter | Electronic contract manufacturing and design services are offered. | Noida, India | 2014 |
 Virtuoso Optoelectronics | Installation services for LED-based lighting systems are provided. | Nashik, India | 2015 |
 Numeric India | Uninterrupted power supply systems for electronics are manufactured and supplied. | Chennai, India | 1984 |
 Advik Optoelectronics | Contract manufacturing of optoelectronic products is provided in Delhi. | Delhi, India | 2013 |
Business Activity of HLBS Tech Private Limited
The main business activity of HLBS Tech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of HLBS Tech Private Limited
HLBS Tech Private Limited is audited by BCP JAIN & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BCP JAIN & 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.
Board of Directors of HLBS Tech Private Limited
HLBS Tech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Lokwani | Director | 23 Dec 2004 | 21 Years 9 Months | Current |
| Meeta Talreja | Director | 23 Dec 2004 | 21 Years 9 Months | Current |
Financials of HLBS Tech Private Limited FY 2025 filings available
HLBS Tech Private Limited reported revenue of ₹75.15 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of HLBS Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 5% growth in the latest year. EBITDA rose 8% 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 of HLBS Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹75.15 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.01 Cr | •••• | •••• | •••• | •••• |
| 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 HLBS Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.3% | •••• | •••• | •••• | •••• |
| 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 HLBS Tech 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.
Ownership and Shareholding of HLBS Tech 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 HLBS Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2023 | Canara Bank | ₹17 Cr | Open |
| 03 Dec 2021 | Canara Bank | ₹1.72 Cr | Open |
| 04 Oct 2019 | Canara Bank | ₹20 Lakh | Open |
| 31 Mar 2015 | Canara Bank | ₹12.5 Lakh | Open |
| 31 Mar 2015 | Canara Bank | ₹11.3 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at HLBS Tech Private Limited
HLBS Tech Private Limited has a workforce of 22 employees as of Apr 06, 2024.
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.
GST Compliance of HLBS Tech Private Limited
HLBS Tech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCH5020R1ZL | Madhya Pradesh | Active | 01 Jul 2017 |
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.
Legal Cases of HLBS Tech Private Limited
HLBS Tech Private Limited has 3 court cases on record: 1 filed by HLBS Tech, 1 filed against it, 1 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed by the company against Dugong International Private Limited | Pending |
| District court, Bhopal, Madhya Pradesh | Court case (RCS B) | Filed against the company by Alok Enterprises Dwara Pro. Alok Singh Sengar | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (RCS A) | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Credit Ratings, Litigation & Regulatory Alerts for HLBS Tech 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 HLBS Tech 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 HLBS Tech 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.
MCA Filings & Documents of HLBS Tech 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.
Recent Activity on HLBS Tech Private Limited
Frequently Asked Questions about HLBS Tech Private Limited
HLBS Tech is an active private limited company based in Huzur, Madhya Pradesh, India. The company works in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 23 December 2004 (22+ years old) and is registered under CIN U05259MP2004PTC017184.
HLBS Tech reported revenue of ₹75.15 Cr for FY 2024 (up 5% YoY).
HLBS Tech has 2 current directors:
- Mitesh Lokwani - Director
- Meeta Talreja - Director
HLBS Tech reported a net profit of ₹4.01 Cr (net margin 5.3%) and EBITDA of ₹7.12 Cr (EBITDA margin 9.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HLBS Tech is 32% over three years and 29% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HLBS Tech is 23AABCH5020R1ZL, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of HLBS Tech is U05259MP2004PTC017184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HLBS Tech has 3 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
HLBS Tech was incorporated on 23 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Gwalior.