About HSBC Global Shared Services (India) Private Limited
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HSBC Global Shared Services (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hsbc Insurance Services Holdings Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the insurance and pension services segment of the insurance sector. It was incorporated on 27 December 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2001PTC134338. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It was led by directors including Amit Anant Moghay and Ravindran Menon.
Its last annual general meeting (AGM) was held on 14 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 52/60 M G Roadfort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹21.12 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹13.77 Lakh (net margin 65.2%) and EBITDA of ₹11.33 Lakh (EBITDA margin 53.6%).
The last known website on record is hsbc.co.in.
Company details
Contact details
HSBC Global Shared Services (India) Private Limited's registered office is in Mumbai, Maharashtra.
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- Apps
- Registered Address52/60 M G Roadfort, Mumbai, Maharashtra, India – 400001
- IndustryInsurance, Insurance & Pension Services
- 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
Financials of HSBC Global Shared Services (India) Private Limited
FY 2016 filings availableHSBC Global Shared Services (India) Private Limited reported revenue of ₹21.12 Lakh (down 26% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year. EBITDA fell 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| Total Expenses | ||
| EBITDA | ₹11.33 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13.77 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 53.6% | |
| Net Profit Margin | 65.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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| Efficiency and Growth | ||
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To see the full financial statements and ratios of HSBC Global Shared Services (India) Private Limited, buy the company report.
Board of directors of HSBC Global Shared Services (India) Private Limited
HSBC Global Shared Services (India) has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Anant Moghay | Director | 20 Jul 2010 | 16 Years 3 Months | As last reported |
| Ravindran Menon Also directs: Canara Robeco Asset Management Company Limited, Accelya Solutions India Limited, Empact NXT Ventures Private Limited and 1 more | Director | 29 Apr 2010 | 16 Years 5 Months | As last reported |
| Robert Cyril Oates | Director | 28 Jan 2016 | 10 Years 9 Months | As last reported |
Peer comparison
HSBC Global Shared Services (India) Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Insurance Broking Firms), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mycover Business Solutions Private Limited | ₹21.88 Lakh (FY 2022) | 2.0% | New Delhi, Delhi, India | |||
| Charaka Insurance Broking Private Limited | ₹21.69 Lakh (FY 2025) | 737.0% | Hukeri, Karnataka, India | |||
| Desteneer Insurance Brokers Private Limited | ₹21.37 Lakh (FY 2025) | 2045.0% | Kolkata, West Bengal, India | |||
| Rexa Prime Solutions Private Limited | ₹21.23 Lakh (FY 2024) | -7.0% | Chennai, Tamil Nadu, India | |||
| Assured Policy Insurance Marketing Private Limited | ₹21.12 Lakh (FY 2025) | Jammu, Jammu and Kashmir, India | ||||
| HSBC Global Shared Services (India) Private Limitedthis company | ₹21.12 Lakh (FY 2016) | ₹13.77 Lakh | 65.2% | -26.0% | Mumbai, Maharashtra, India | |
| Labhanshi Imf Private Limited | ₹20.87 Lakh (FY 2025) | 0.0% | Guna, Madhya Pradesh, India | |||
| R K Global Insurance Brokers Limited. | ₹20.77 Lakh (FY 2024) | 51.0% | New Delhi, Delhi, India | |||
| Teamsec Insurance Broking Private Limited | ₹20.31 Lakh (FY 2024) | 113.0% | Chennai, Tamil Nadu, India | |||
| Nandina Insurance Broking Private Limited | ₹20.29 Lakh (FY 2025) | -41.0% | Panjagutta, Telangana, India | |||
| Emkay Wealth Advisory Limited | ₹20.29 Lakh (FY 2025) | -71.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of HSBC Global Shared Services (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving HSBC Global Shared Services (India) 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 HSBC Global Shared Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HSBC Global Shared Services (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of HSBC Global Shared Services (India) Private Limited, buy the company report.
Recent activity
HSBC Global Shared Services (India) Private Limited has 19 board changes on record since 2007: 3 appointments and 16 cessations. The latest: Robert Cyril Oates ceased to be Additional Director on 14 Sep 2016.
10 earlier events are in the company report.
News
Frequently asked questions
HSBC Global Shared Services (India) has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
HSBC Global Shared Services (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in insurance and pension services, within the insurance industry. It was incorporated on 27 December 2001 and is registered under CIN U67200MH2001PTC134338. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
HSBC Global Shared Services (India) was incorporated on 27 December 2001. It is registered with the Registrar of Companies, Mumbai.
HSBC Global Shared Services (India) had 3 directors:
- Amit Anant Moghay - Director
- Ravindran Menon - Director
- Robert Cyril Oates - Director
The CIN (Corporate Identification Number) of HSBC Global Shared Services (India) is U67200MH2001PTC134338. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of HSBC Global Shared Services (India) is at 5260 M G Roadfort, Mumbai, Maharashtra, India – 400001.
HSBC Global Shared Services (India) can be reached through the website hsbc.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of HSBC Global Shared Services (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 14 September 2016. Year-wise statements from 2015 are in the company report.
No. HSBC Global Shared Services (India) has 1 GST registration on record and it is cancelled or inactive.
HSBC Global Shared Services (India) operated in the insurance industry, in the insurance and pension services segment.
The peers of HSBC Global Shared Services (India) by revenue are Mycover Business Solutions Private Limited, Charaka Insurance Broking Private Limited, Desteneer Insurance Brokers Private Limited, Rexa Prime Solutions Private Limited, Assured Policy Insurance Marketing Private Limited and 5 more, all in the BFSI industry (Insurance Broking Firms).