MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0104708
Horizon Electro Solutions Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹46.97 Lakh
▼ 21% YoY
Net profit · FY 2021
₹4 Lakh
Net margin 8.5%
EBITDA · FY 2021
₹7.55 Lakh
EBITDA margin 16.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹46.5 Lakh
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Horizon Electro Solutions Private Limited
Data last updated:
Horizon Electro Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 08 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC154639. Its GSTIN is 27AADCH5914J1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ganesha Dodha Kote Naik and Ravikala Ganesh Nayak.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S/No 5/20 Benkar Vasti Dhayari, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2021, the company reported a revenue of ₹46.97 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹4 Lakh (net margin 8.5%) and EBITDA of ₹7.55 Lakh (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 242% over five years.
As per MCA filings, the company has open charges of ₹46.5 Lakh on record.
Horizon Electro Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0104708). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website horizonelectro.com.
Company details
CIN U74900PN2015PTC154639
Registration Number 154639
Incorporation Date 08 April 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0104708
Recognitions & Rankings of Horizon Electro Solutions
Contact details
Horizon Electro Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is horizonelectro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS/No 5/20 Benkar Vasti Dhayari, Pune, Maharashtra, India – 411041
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Horizon Electro Solutions Private Limited, buy the company report.
Comprehensive company report
Horizon Electro Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Horizon Electro Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Horizon Electro Solutions Private Limited, buy the company report.
Financials of Horizon Electro Solutions Private Limited
FY 2022 filings availableHorizon Electro Solutions Private Limited reported revenue of ₹46.97 Lakh (down 21% YoY) for FY 2021.
Revenue · FY 2021
₹46.97 Lakh ▼ 21%
Net profit · FY 2021
₹4 Lakh margin 8.5%
EBITDA · FY 2021
₹7.55 Lakh margin 16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 17%
5 years · compounded
▲ 242%
EBITDA CAGR growth
1 year
▲ 175%
3 years · compounded
▲ 141%
5 years · compounded
▲ 148%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 242%. EBITDA rose 175% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹7.55 Lakh | ||||
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| Net Profit (PAT) | ₹4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 8.5% | ||||
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To see the full financial statements and ratios of Horizon Electro Solutions Private Limited, buy the company report.
Board of directors of Horizon Electro Solutions Private Limited
Horizon Electro Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesha Dodha Kote Naik | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
| Ravikala Ganesh Nayak | Director | 08 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Horizon Electro Solutions Private Limited is audited by TORVI PETHE & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TORVI PETHE & COMPANY | FY 2020 | 120456W |
Shareholding
The shareholding of Horizon Electro Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Horizon Electro Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2020 | 100336431 | State Bank of India | ₹46.5 Lakh | Open |
To see the full charge records of Horizon Electro Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Horizon Electro Solutions 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 Horizon Electro Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Horizon Electro Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH5914J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horizon Electro Solutions Private Limited, buy the company report.
Recent activity
Horizon Electro Solutions Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Ganesha Dodha Kote Naik ceased to be Additional Director on 31 Dec 2020.
AGM
Horizon Electro Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Horizon Electro Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Charges
A charge with State Bank Of India of Rs. 46.50 Lakh registered on 16 May 2020 with Charge ID 100336431 was modified on 04 May 2021.
Ceased
Ganesha Dodha Kote Naik ceased to be Additional Director.
Appointed
Ganesha Dodha Kote Naik was appointed as Director.
Ceased
Radhakrishna Kalyanpur ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 46.50 Lakh with Charge ID 100336431 was registered on 16 May 2020.
Appointed
Ravikala Ganesh Nayak was appointed as Director.
Incorporation
08 Apr 2015
Horizon Electro Solutions Private Limited was registered on 08 Apr 2015 with Roc Pune & aged 11 years 6 months as per MCA records.
Frequently asked questions
Horizon Electro Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 08 April 2015 (11+ years old) and is registered under CIN U74900PN2015PTC154639.
Horizon Electro Solutions has 2 current directors:
- Ganesha Dodha Kote Naik - Director
- Ravikala Ganesh Nayak - Director
The latest financial statements of Horizon Electro Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Horizon Electro Solutions is 27AADCH5914J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Horizon Electro Solutions is U74900PN2015PTC154639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Electro Solutions was incorporated on 08 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Ganesha Dodha Kote Naik ceased to be Additional Director on 31 Dec 2020. Ganesha Dodha Kote Naik was appointed as Director on 15 Jun 2020. Radhakrishna Kalyanpur ceased to be Director on 15 Jun 2020. Horizon Electro Solutions has 4 board changes on record in total.
Yes, Horizon Electro Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0104708).
Horizon Electro Solutions can be reached through the website horizonelectro.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Horizon Electro Solutions is at SNo 520 Benkar Vasti Dhayari, Pune, Maharashtra, India – 411041.