Hovations Global Services Private Limited

Hovations Global Services Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2022PTC160426 Incorporated 25 April 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.37 Cr
▲ 383% YoY
Net profit · FY 2024
₹8.4 Lakh
Net margin 6.1%
EBITDA · FY 2024
₹14.57 Lakh
EBITDA margin 10.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Hovations Global Services Private Limited

Data last updated:

Hovations Global Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 25 April 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC160426.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Abdul Waseem and Mandya Pyarejan Ruqhaiya.

Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 1 Ground Floor Him Tower 9th Cross Nageshwara Nagenahalli, Bangalore, Karnataka, India – 560077.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.4 Lakh (net margin 6.1%) and EBITDA of ₹14.57 Lakh (EBITDA margin 10.6%).

For more details, the company can be reached via its website hovations.com.

Company details

CIN U72900KA2022PTC160426
Registration Number 160426
Incorporation Date 25 April 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024

Contact details

Hovations Global Services Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    No 1 Ground Floor Him Tower 9th Cross Nageshwara Nagenahalli, Bangalore, Karnataka, India – 560077
  • Industry
    Information Technology, Other Computer Related Activities
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Business activity

The main business activity of Hovations Global Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Hovations Global Services Private Limited, buy the company report.

Financials of Hovations Global Services Private Limited

FY 2024 filings available

Hovations Global Services Private Limited reported revenue of ₹1.37 Cr (up 383% YoY) for FY 2024.

Revenue · FY 2024
₹1.37 Cr ▲ 383%
Net profit · FY 2024
₹8.4 Lakh margin 6.1%
EBITDA · FY 2024
₹14.57 Lakh margin 10.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 383%

Revenue rose 383% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 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₹14.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.4 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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin10.6%
Net Profit Margin6.1%
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 Hovations Global Services Private Limited, buy the company report.

Board of directors of Hovations Global Services Private Limited

Hovations Global Services has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Abdul WaseemDirector25 Apr 20224 Years 6 MonthsCurrent
Mandya Pyarejan RuqhaiyaDirector25 Apr 20224 Years 6 MonthsCurrent

Peer comparison

Hovations Global Services Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sorim Technologies Private Limited₹1.37 Cr (FY 2025)Chennai, Tamil Nadu, India
CBS Information Systems Private Limited₹1.37 Cr (FY 2025)1247.0%Durg, Chhattisgarh, India
Luft Technologies Private Limited₹1.37 Cr (FY 2024)28.0%Pune, Maharashtra, India
Hovations Global Services Private Limitedthis company₹1.37 Cr (FY 2024)₹8.4 Lakh6.1%383.0%Bangalore, Karnataka, India
Inspirage Software Consulting Private Limited₹1.37 Cr (FY 2025)-98.0%Mumbai, Maharashtra, India
Valizant Solutions Private Limited₹1.37 Cr (FY 2025)1.0%Hyderabad, Telangana, India
Dima Engineering Private Limited₹1.37 Cr (FY 2025)4.0%Mumbai, Maharashtra, India

To see the full peer comparison of Hovations Global Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hovations Global Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Hovations Global Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Hovations Global Services Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Abdul Waseem was appointed as Director on 25 Apr 2022.

AGM
Hovations Global Services Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Filing
Hovations Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Abdul Waseem was appointed as Director.
Appointed
Mandya Pyarejan Ruqhaiya was appointed as Director.
Incorporation
25 Apr 2022
Hovations Global Services Private Limited was registered on 25 Apr 2022 with Roc Bangalore & aged 4 years 6 months as per MCA records.

Frequently asked questions

Hovations Global Services is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 25 April 2022 (4+ years old) and is registered under CIN U72900KA2022PTC160426.

Hovations Global Services has 2 current directors:

The latest financial statements of Hovations Global Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2023 are in the company report.

The CIN (Corporate Identification Number) of Hovations Global Services is U72900KA2022PTC160426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hovations Global Services was incorporated on 25 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Hovations Global Services by revenue are Sorim Technologies Private Limited, CBS Information Systems Private Limited, Luft Technologies Private Limited, Inspirage Software Consulting Private Limited, Valizant Solutions Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).

Abdul Waseem was appointed as Director on 25 Apr 2022. Mandya Pyarejan Ruqhaiya was appointed as Director on 25 Apr 2022.

Hovations Global Services can be reached through the website hovations.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Hovations Global Services is at No 1 Ground Floor Him Tower 9th Cross Nageshwara Nagenahalli, Bangalore, Karnataka, India – 560077.

Hovations Global Services operates in the information technology industry, in the other computer related activities segment.

Hovations Global Services is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.