About HSB Infotech Private Limited
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HSB Infotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2014PTC080856. 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 including Pareshkumar Gandalal Patel and Sureshkumar Gandalal Patel.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at A – 3 Atulpark Society Nr. Naranpura Char Rasta Nr. Amco Bank Naranpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.9 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹14.73 Lakh (net margin 1.4%) and EBITDA of ₹1.03 Cr (EBITDA margin 9.5%).
The company has about 626 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HSB Infotech. As per MCA filings, the company has open charges of ₹4.32 Cr on record. Court records list 1 case involving the company, including 1 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 hsbinfotech.com.
Company details
Contact details
HSB Infotech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is hsbinfotech.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 3 Atulpark Society Nr. Naranpura Char Rasta Nr. Amco Bank Naranpura, Ahmedabad, Gujarat, India – 380013
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of HSB Infotech 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
Brands
HSB Infotech operates one associated brand: HSB Infotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT development, consulting, and fintech products to enhance business operations. | hsbinfotech.com |
Business activity
The main business activity of HSB Infotech is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of HSB Infotech Private Limited, buy the company report.
Financials of HSB Infotech Private Limited
FY 2017 filings availableHSB Infotech Private Limited reported revenue of ₹10.9 Cr (up 10% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. EBITDA rose 31% 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 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10.9 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.03 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹14.73 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.5% | ||
| Net Profit Margin | 1.4% | ||
| 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 HSB Infotech Private Limited, buy the company report.
Board of directors of HSB Infotech Private Limited
HSB Infotech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pareshkumar Gandalal Patel Also directs: Milan Tradelink Private Limited, HSB Informatics Private Limited | Director | 02 Jul 2015 | 11 Years 3 Months | Current |
| Sureshkumar Gandalal Patel Also directs: Milan Tradelink Private Limited, HSB Informatics Private Limited | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
| Shirish Bipinbhai Patel Also directs: Dataligence Infotech Private Limited | Director | 02 Jan 2016 | 10 Years 9 Months | Current |
| Hasmukhbhai Ishwardas Patel Also directs: Ishvas Infrasoft Private Limited | Director | 22 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
HSB Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dev Technosys Private Limited | ₹10.94 Cr (FY 2025) | 56.0% | Jaipur, Rajasthan, India | |||
| Redmatter Integrated Marketing Private Limited | ₹10.94 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Hcode Technologies Private Limited | ₹10.93 Cr (FY 2024) | -5.0% | Karnal, Haryana, India | |||
| Cityinfo Services Private Limited | ₹10.93 Cr (FY 2024) | 2.0% | Bangalore, Karnataka, India | |||
| Vertex Tax Solutions India Private Limited | ₹10.91 Cr (FY 2025) | 461.0% | Chennai, Tamil Nadu, India | |||
| HSB Infotech Private Limitedthis company | ₹10.9 Cr (FY 2017) | ₹14.73 Lakh | 1.4% | 10.0% | 626 | Ahmedabad, Gujarat, India |
| Cloudit Back Office Services Private Limited | ₹10.88 Cr (FY 2025) | 86.0% | Gurgaon, Haryana, India | |||
| Leo Digital Communications Private Limited | ₹10.88 Cr (FY 2024) | -7.0% | Bengaluru, Karnataka, India | |||
| Venus Geo Solutions Private Limited | ₹10.88 Cr (FY 2024) | 6.0% | Bangalore, Karnataka, India | |||
| Myy Sports Private Limited | ₹10.87 Cr (FY 2025) | -35.0% | New Delhi, Delhi, India | |||
| Oivi Tech Private Limited | ₹10.86 Cr (FY 2024) | 66.0% | Bangalore, Karnataka, India |
To see the full peer comparison of HSB Infotech Private Limited, buy the company report.
Auditor
HSB Infotech Private Limited is audited by SHAILESH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAILESH & CO | FY 2017 | 114226W |
Shareholding
The shareholding of HSB Infotech 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 HSB Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2016 | 100052031 | State Bank of India | ₹4.32 Cr | Open |
Total charge records: 1 View all charges
Legal cases
HSB Infotech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by The Mahesana Arban Co.Op. Bank Li. Mahesana Anilkumar Jayantibhai Patel | Disposed |
To see the full case history of HSB Infotech 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 HSB Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HSB Infotech Private Limited has a workforce of 626 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
HSB Infotech 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 HSB Infotech Private Limited, buy the company report.
Recent activity
HSB Infotech Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Shirish Bipinbhai Patel ceased to be Director on 28 Feb 2017.
Frequently asked questions
HSB Infotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 September 2014 (12+ years old) and is registered under CIN U72200GJ2014PTC080856.
HSB Infotech has 4 current directors:
- Pareshkumar Gandalal Patel - Director
- Sureshkumar Gandalal Patel - Director
- Shirish Bipinbhai Patel - Director
- Hasmukhbhai Ishwardas Patel - Director
The latest financial statements of HSB Infotech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. HSB Infotech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of HSB Infotech is U72200GJ2014PTC080856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HSB Infotech has 1 court case on record: 1 filed against it.
HSB Infotech was incorporated on 22 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of HSB Infotech by revenue are Dev Technosys Private Limited, Redmatter Integrated Marketing Private Limited, Hcode Technologies Private Limited, Cityinfo Services Private Limited, Vertex Tax Solutions India Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Shirish Bipinbhai Patel ceased to be Director on 28 Feb 2017. Shirish Bipinbhai Patel was appointed as Director on 02 Jan 2016. Jitendrakumar Ranchhodbhai Hajari ceased to be Director on 03 Nov 2015. HSB Infotech has 7 board changes on record in total.
HSB Infotech can be reached through the website hsbinfotech.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of HSB Infotech is at A – 3 Atulpark Society Nr. Naranpura Char Rasta Nr. Amco Bank Naranpura, Ahmedabad, Gujarat, India – 380013.