About Hyve Solutions India Private Limited
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Hyve Solutions India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hyve Solutions Europe Limited. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 07 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2020PTC365725. Its GSTIN is 07AAFCH3169P1Z1 (Delhi). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹3.76 Cr and a paid-up capital of ₹3.76 Cr. It is led by directors Devendar Singh Yadav and Daniel Thomas Brennan.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 721 G/F Pkt – III Sector – 14 Dwarka, New Delhi, Delhi, India – 110078.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.94 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Cr (net margin 28.1%) and EBITDA of ₹9.91 Cr (EBITDA margin 66.3%).
The company is associated with 1 brand: Hyve Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hyvesolutions.com.
Company details
Contact details
Hyve Solutions India Private Limited's registered office is in New Delhi, Delhi. Its website is hyvesolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address721 G/F Pkt – III Sector – 14 Dwarka, New Delhi, Delhi, India – 110078
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Hyve Solutions India 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
Hyve Solutions India operates one associated brand: Hyve Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs and deploys server, storage, and networking solutions for global data centers. | hyvesolutions.com |
Business activity
The main business activity of Hyve Solutions India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hyve Solutions India Private Limited, buy the company report.
Financials of Hyve Solutions India Private Limited
FY 2024 filings availableHyve Solutions India Private Limited reported revenue of ₹14.94 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA rose 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.91 Cr | |||
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| Net Profit (PAT) | ₹4.2 Cr | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 66.3% | |||
| Net Profit Margin | 28.1% | |||
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To see the full financial statements and ratios of Hyve Solutions India Private Limited, buy the company report.
Board of directors of Hyve Solutions India Private Limited
Hyve Solutions India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendar Singh Yadav Also directs: K2y Advisers LLP, Gis India Private Limited, Cem Scientific India Private Limited and 5 more | Director | 07 Jul 2020 | 6 Years 3 Months | Current |
| Daniel Thomas Brennan | Director | 27 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Hyve Solutions India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Hyve Solutions India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hyve Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hyve Solutions 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
Hyve Solutions India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| K2y Advisers LLP |
To see the full MSME payment records of Hyve Solutions India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hyve Solutions India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Hyve Solutions India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCH3169P1Z1 | Delhi | Active | 30 Sep 2020 |
| 33AAFCH3169P1Z6 | Tamil Nadu | Active | 12 Oct 2020 |
| 29AAFCH3169P1ZV | Karnataka | Active | 13 Oct 2020 |
| 36AAFCH3169P1Z0 | Telangana | Active | 13 Oct 2020 |
To see the full GST registrations and return filing status of Hyve Solutions India Private Limited, buy the company report.
Recent activity
Hyve Solutions India Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Daniel Thomas Brennan ceased to be Additional Director on 14 Nov 2024.
Frequently asked questions
Hyve Solutions India is an active private limited company based in New Delhi, Delhi, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 07 July 2020 (6+ years old) and is registered under CIN U51909DL2020PTC365725.
Hyve Solutions India has 2 current directors:
- Devendar Singh Yadav - Director
- Daniel Thomas Brennan - Director
The latest financial statements of Hyve Solutions India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Hyve Solutions India is 07AAFCH3169P1Z1, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 33AAFCH3169P1Z6 (Tamil Nadu), 29AAFCH3169P1ZV (Karnataka), 36AAFCH3169P1Z0 (Telangana).
The CIN (Corporate Identification Number) of Hyve Solutions India is U51909DL2020PTC365725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hyve Solutions India was incorporated on 07 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Daniel Thomas Brennan ceased to be Additional Director on 14 Nov 2024. Simon Y Leung ceased to be Director on 28 Jun 2024. Daniel Thomas Brennan was appointed as Director on 27 Jun 2024. Hyve Solutions India has 8 board changes on record in total.
Hyve Solutions India has 3 MSME Form 1 returns on record between 2021 and 2022, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
Hyve Solutions India can be reached through the website hyvesolutions.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Hyve Solutions India is at 721 GF Pkt – III Sector – 14 Dwarka, New Delhi, Delhi, India – 110078.
Hyve Solutions India operates in the information technology industry, in the IT products retail and distribution segment.
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