About Hippocampus Infotech Private Limited
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Hippocampus Infotech Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72300AP2008PTC059831. Its GSTIN is 37AACCH0762M2ZD (Andhra Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Reddy Vijaya Krishna and Sitaratnam Reddy.
Its last annual general meeting (AGM) was held on 22 June 2019, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mig – 55 Sector – 1 M V P Colony, Visakhapatnam, Andhra Pradesh, India – 530017.
As per the financials filed for FY 2018, the company reported a revenue of ₹21.23 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -480.6%) and EBITDA of -₹86.42 Lakh (EBITDA margin -407%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years.
The company has about 206 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.28 Lakh and satisfied charges of ₹10 Lakh on record. Court records list 35 cases involving the company, including 9 filed by the company and 26 filed against it; 27 cases are pending.
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 hippocampusinfotech.com.
Company details
Contact details
Hippocampus Infotech Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is hippocampusinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMig – 55 Sector – 1 M V P Colony, Visakhapatnam, Andhra Pradesh, India – 530017
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Hippocampus 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
Business activity
The main business activity of Hippocampus 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 Hippocampus Infotech Private Limited, buy the company report.
Financials of Hippocampus Infotech Private Limited
FY 2018 filings availableHippocampus Infotech Private Limited reported revenue of ₹21.23 Lakh (down 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over three years, including a 88% fall in the latest year. EBITDA rose 61% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹21.23 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹86.42 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.02 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -407% | |||
| Net Profit Margin | -480.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Hippocampus Infotech Private Limited, buy the company report.
Board of directors of Hippocampus Infotech Private Limited
Hippocampus Infotech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reddy Vijaya Krishna | Director | 24 Jun 2008 | 18 Years 4 Months | Current |
| Sitaratnam Reddy | Director | 30 Mar 2011 | 15 Years 6 Months | Current |
Shareholding
The shareholding of Hippocampus Infotech Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hippocampus Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2018 | 100204772 | Vijaya Bank | ₹50 Lakh | Open | |
| 21 Jul 2016 | 100043507 | Vijaya Bank | ₹3.28 Lakh | Open | |
| 16 Jun 2017 | 100112827 | Vijaya Bank | ₹10 Lakh | Satisfied |
To see the full charge records of Hippocampus Infotech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Hippocampus Infotech Private Limited has 35 court cases on record: 9 filed by Hippocampus Infotech, 26 filed against it. 27 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 26 | 22 |
| NCLAT | 5 | 0 | 5 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S A-Id Systems India Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Appeal | Filed by the company against Thales Dis India Pvt Ltd and 1 other | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Kerala State Electronics Development Corporation Ltd (Keltron) and 2 others | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against Kerala State Electronics Developmentcorporation Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Kerala State Electronics Developmentcorporation Limited | Pending |
To see the full case history of Hippocampus 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 Hippocampus Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hippocampus Infotech Private Limited has a workforce of 206 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Hippocampus Infotech has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCH0762M2ZD | Andhra Pradesh | Active | 09 Oct 2018 |
| 29AACCH0762M1ZB | Karnataka | Active | 01 Jul 2017 |
| 19AACCH0762M1ZC | West Bengal | Active | 13 Nov 2019 |
To see the full GST registrations and return filing status of Hippocampus Infotech Private Limited, buy the company report.
Recent activity
Hippocampus Infotech Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Akuraju Ratna Deep ceased to be Director on 30 Mar 2011.
Frequently asked questions
Hippocampus Infotech is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 June 2008 (18+ years old) and is registered under CIN U72300AP2008PTC059831.
Hippocampus Infotech has 2 current directors:
- Reddy Vijaya Krishna - Director
- Sitaratnam Reddy - Director
The latest financial statements of Hippocampus Infotech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 22 June 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Hippocampus Infotech is 37AACCH0762M2ZD, registered in Andhra Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCH0762M1ZB (Karnataka), 19AACCH0762M1ZC (West Bengal).
The CIN (Corporate Identification Number) of Hippocampus Infotech is U72300AP2008PTC059831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hippocampus Infotech has 35 court cases on record: 9 filed by the company and 26 filed against it. 27 are pending. Most are in the district courts.
Hippocampus Infotech was incorporated on 24 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Vijayawada.
Akuraju Ratna Deep ceased to be Director on 30 Mar 2011. Sitaratnam Reddy was appointed as Director on 30 Mar 2011. Reddy Vijaya Krishna was appointed as Director on 24 Jun 2008.
Hippocampus Infotech can be reached through the website hippocampusinfotech.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Hippocampus Infotech is at Mig – 55 Sector – 1 M V P Colony, Visakhapatnam, Andhra Pradesh, India – 530017.