About Hovers Marketing Solutions Private Limited
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Hovers Marketing Solutions Private Limited is a private limited company based in Delhi, India. It operates in the advertising and market research segment of the business services sector. It was incorporated on 30 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2010PTC211960. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Kumar and Vinod Koushal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 43 C Pocket A Mayur Vihar Phase 2, Delhi, India – 110091.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.34 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.45 Cr (net margin -62.1%) and EBITDA of -₹1.24 Cr (EBITDA margin -52.7%).
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹25 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hovers.co.in.
Company details
Contact details
Hovers Marketing Solutions Private Limited's registered office is in Delhi, Delhi. Its website is hovers.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address43 C Pocket A Mayur Vihar Phase 2, Delhi, India – 110091
- IndustryBusiness Services, Advertising And Market Research, Organising Conventions, Packaging Activities, Office Administration, Collection Agencies, Call Centers
To see the full contact details of Hovers Marketing Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activities of Hovers Marketing Solutions are professional, scientific and technical and support service to organizations. In detail, this covers advertising and market research and office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research | |
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. |
To see the full business activity and turnover split of Hovers Marketing Solutions Private Limited, buy the company report.
Financials of Hovers Marketing Solutions Private Limited
FY 2017 filings availableHovers Marketing Solutions Private Limited reported revenue of ₹2.34 Cr (up 24% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year. EBITDA fell 517% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.24 Cr | ||
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| Net Profit (PAT) | -₹1.45 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||
| EBITDA Margin | -52.7% | ||
| Net Profit Margin | -62.1% | ||
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To see the full financial statements and ratios of Hovers Marketing Solutions Private Limited, buy the company report.
Board of directors of Hovers Marketing Solutions Private Limited
Hovers Marketing Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Koushal | Additional Director | 25 Jan 2018 | 8 Years 9 Months | Current |
| Nitin Kumar | Director | 08 Nov 2013 | 13 Years 0 Months | Current |
Auditor
Hovers Marketing Solutions Private Limited is audited by A. V. S. & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. V. S. & Associates | FY 2016 |
Shareholding
The shareholding of Hovers Marketing Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hovers Marketing Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2015 | 10563714 | Bank of Baroda | ₹60 Lakh | Open | |
| 28 Mar 2015 | 10558971 | Intec Capital Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Hovers Marketing Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hovers Marketing Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Execution petition | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, North West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, East, Delhi | Execution petition | Filed against the company by HDFC Bank Limited | Disposed |
To see the full case history of Hovers Marketing Solutions Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hovers Marketing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hovers Marketing Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hovers Marketing Solutions Private Limited, buy the company report.
Recent activity
Hovers Marketing Solutions Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Anita Singh ceased to be Director on 20 May 2019.
Frequently asked questions
Hovers Marketing Solutions is an active private limited company based in Delhi, India. The company works in advertising and market research, within the business services industry. It was incorporated on 30 December 2010 (16+ years old) and is registered under CIN U51909DL2010PTC211960.
Hovers Marketing Solutions has 2 current directors:
- Vinod Koushal - Additional Director
- Nitin Kumar - Director
The latest financial statements of Hovers Marketing Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Hovers Marketing Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Hovers Marketing Solutions is U51909DL2010PTC211960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hovers Marketing Solutions has 3 court cases on record: 3 filed against it.
Hovers Marketing Solutions was incorporated on 30 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Anita Singh ceased to be Director on 20 May 2019. Vinod Koushal was appointed as Additional Director on 25 Jan 2018. Veena ceased to be Director on 11 Oct 2016. Hovers Marketing Solutions has 6 board changes on record in total.
Hovers Marketing Solutions can be reached through the website hovers.co.in. Its registered office is in Delhi, India.
The registered office of Hovers Marketing Solutions is at 43 C Pocket A Mayur Vihar Phase 2, Delhi, India – 110091.
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