DPIIT recognised startup Government of India
Startup India
Horbax Electro Private Limited
Horbax Electro Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.45 Cr
▲ 69% YoY
Net profit · FY 2025
₹3.34 Lakh
Net margin 2.3%
EBITDA · FY 2025
₹10.78 Lakh
EBITDA margin 7.5%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Open charges
₹35 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
6
Provident fund records
About Horbax Electro Private Limited
Data last updated:
Horbax Electro Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 12 May 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31904PN2022PTC211228. Its GSTIN is 27AAGCH2994F1ZC (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Umesh Ananda Gaikwad and Dilip Baburao Mohite.
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 G.No. 3716 Malawasti Malimala Shirur Talegaon Dhamdhere, Pune, Maharashtra, India – 412208.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.45 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹3.34 Lakh (net margin 2.3%) and EBITDA of ₹10.78 Lakh (EBITDA margin 7.5%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Lakh on record.
Horbax Electro Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0276333).
Company details
CIN U31904PN2022PTC211228
Registration Number 211228
Incorporation Date 12 May 2022
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0276333
Recognitions & Rankings of Horbax Electro
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0276333
Contact details
Horbax Electro Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG.No. 3716 Malawasti Malimala Shirur Talegaon Dhamdhere, Pune, Maharashtra, India – 412208
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Horbax Electro Private Limited, buy the company report.
Comprehensive company report
Horbax Electro 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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Secure checkout · GST invoice included
Business activity
The main business activity of Horbax Electro is personal and household service. In detail, this covers repair of computers and personal and household goods.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S2 | Repair of computers and personal and household goods |
To see the full business activity and turnover split of Horbax Electro Private Limited, buy the company report.
Financials of Horbax Electro Private Limited
FY 2025 filings availableHorbax Electro Private Limited reported revenue of ₹1.45 Cr (up 69% YoY) for FY 2025.
Revenue · FY 2025
₹1.45 Cr ▲ 69%
Net profit · FY 2025
₹3.34 Lakh margin 2.3%
EBITDA · FY 2025
₹10.78 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 69%
EBITDA CAGR growth
1 year
▲ 87%
Revenue rose 69% in the latest year. EBITDA rose 87% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹10.78 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.34 Lakh | ||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.5% | ||
| Net Profit Margin | 2.3% | ||
| 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 | |||
To see the full financial statements and ratios of Horbax Electro Private Limited, buy the company report.
Board of directors of Horbax Electro Private Limited
Horbax Electro has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Ananda Gaikwad Also directs: Addox Electronics (I) Private Limited | Director | 12 May 2022 | 4 Years 5 Months | Current |
| Dilip Baburao Mohite Also directs: Addox Electronics (I) Private Limited | Director | 12 May 2022 | 4 Years 5 Months | Current |
Auditor
Horbax Electro Private Limited is audited by OMKAR PRABHAKAR CHANDGE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| OMKAR PRABHAKAR CHANDGE | FY 2023 | 179713 |
Shareholding
The shareholding of Horbax Electro Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Horbax Electro Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2025 | 101126705 | Others | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Horbax Electro 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 Horbax Electro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Horbax Electro has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCH2994F1ZC | Maharashtra | Active | 31 May 2022 |
To see the full GST registrations and return filing status of Horbax Electro Private Limited, buy the company report.
Recent activity
Horbax Electro Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Dilip Baburao Mohite was appointed as Director on 12 May 2022.
AGM
Horbax Electro Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 101126705 was registered on 23 Jun 2025.
Filing
Horbax Electro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Dilip Baburao Mohite was appointed as Director.
Appointed
Umesh Ananda Gaikwad was appointed as Director.
Incorporation
12 May 2022
Horbax Electro Private Limited was registered on 12 May 2022 with Roc Pune & aged 4 years 5 months as per MCA records.
Frequently asked questions
Horbax Electro is an active private limited company based in Pune, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 12 May 2022 (4+ years old) and is registered under CIN U31904PN2022PTC211228.
Horbax Electro has 2 current directors:
- Umesh Ananda Gaikwad - Director
- Dilip Baburao Mohite - Director
The latest financial statements of Horbax Electro on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Horbax Electro is 27AAGCH2994F1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Horbax Electro is U31904PN2022PTC211228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horbax Electro was incorporated on 12 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
Dilip Baburao Mohite was appointed as Director on 12 May 2022. Umesh Ananda Gaikwad was appointed as Director on 12 May 2022.
Yes, Horbax Electro is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Horbax Electro is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0276333).
The registered office of Horbax Electro is at G.No. 3716 Malawasti Malimala Shirur Talegaon Dhamdhere, Pune, Maharashtra, India – 412208.
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