Haryana State Electronics Development Corporation Limited

Provides IT services, consultancy, skill development, and infrastructure leasing. Specializes in voter ID and smart card projects.

1982 | Chandigarh (India) | Active
Last Updated:

Haryana State Electronics Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.90 Cr
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.38 Cr
  • Revenue Growth 2.73%
  • Profit Growth 11.73%
  • Ebitda -799.12%
  • Net Worth 16.53%
  • Total Assets -3.29%

About Haryana State Electronics Development Corporation

Haryana State Electronics Development Corporation Limited (HSEDCL) is a leading Private Limited State Government Company incorporated in India on 01 May 1982 and has a history of 42 years and 11 months. Its registered office is in Chandigarh, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.90 Cr.

The company has closed loans amounting to ₹3.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Haryana State Electronics Development Corporation Limited India is Payal Singla as COMPANY SECRETARY. Rajinikaanthan Ganashon, Rajiv Rattan, Sushil Sarwan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U00000CH1982SGC004963

  • Company No.

    004963

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    01 May 1982

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

What products or services does Haryana State Electronics Development Corporation Limited offer?

Haryana State Electronics Development Corporation Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Supply Chain Management Software.

Who are the key members and board of directors at Haryana State Electronics Development Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Payal Singla Country flag representing In Company Secretary07-Nov-2023Current
Jagadeesan Ganesan Country flag representing In Managing Director12-Jun-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Raj Nehru Country flag representing In Nominee Director 25-Aug-2015Current
Amit Khatri Country flag representing In Nominee Director 19-Dec-2023Current
Rajinikaanthan Ganashon Country flag representing In Nominee Director 20-Feb-2024Current
Rajiv Rattan Country flag representing In Nominee Director 25-May-2022Current
Sushil Sarwan Country flag representing In Nominee Director 01-Jul-2024Current
Arvind Kumar Country flag representing In Nominee Director 25-May-2022Current

Financial Performance of Haryana State Electronics Development Corporation.

Haryana State Electronics Development Corporation Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 2.73% increase. The company also saw a substantial improvement in profitability, with a 11.73% increase in profit. The company's net worth Soared by an impressive increase of 16.53%.

Haryana State Electronics Development Corporation revenue growth over time
Haryana State Electronics Development Corporation profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2.73%
Revenue from Operations
3.81%
Total Assets
-3.29%
Profit or Loss
11.73%
Net Worth
16.53%
EBITDA
-799.12%

What is the Ownership and Shareholding Structure of Haryana State Electronics Development Corporation?

In 2021, Haryana State Electronics Development Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.38 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 3.38 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 1994Union Bank Of India₹5.70 MSatisfied
04 Jun 1994Union Bank Of India₹2.81 CrSatisfied

How Many Employees Work at Haryana State Electronics Development Corporation?

Haryana State Electronics Development Corporation has a workforce of 264 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Haryana State Electronics Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Haryana State Electronics Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Haryana State Electronics Development Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Haryana State Electronics Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Haryana State Electronics Development Corporation Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sushil Sarwan was appointed as a Nominee Director was appointed as a Nominee Director on 01 Jul 2024 & has been associated with this company since 8 months 29 days .

  • Director Appointment

    Arun Kumar Gupta was appointed as a Nominee Director was appointed as a Nominee Director on 13 May 2024 & has been associated with this company since 10 months 17 days .

  • Balance Sheet

    Haryana State Electronics Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Rajinikaanthan Chidambaram Ganashon was appointed as a Nominee Director was appointed as a Nominee Director on 20 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Amit Khatri was appointed as a Nominee Director was appointed as a Nominee Director on 19 Dec 2023 & has been associated with this company since 1 year 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Haryana State Electronics Development Corporation Limited?

    Haryana State Electronics Development Corporation Limited was incorporated on 01 May 1982.

  • What is authorized share capital and paid-up capital of Haryana State Electronics Development Corporation Limited?

    The authorized share capital of Haryana State Electronics Development Corporation Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.90 Cr.

  • Who are the current board members & directors of Haryana State Electronics Development Corporation Limited?

    Currently 9 directors are associated with Haryana State Electronics Development Corporation Limited.

    • Rajinikaanthan Chidambaram Ganashon
    • Rajiv Rattan
    • Sushil Sarwan
    • Payal Singla
    • Arvind Kumar
    • Amit Khatri
    • Raj Kumar Nehru
    • Jagadeesan Ganesan
    • Arun Kumar Gupta
  • What is the registered address of Haryana State Electronics Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Haryana State Electronics Development Corporation Limited is Sco 111 113Sector 17 B India, U T, Chandigarh, 160017.

  • What is the corporate identification number (CIN) and company number of Haryana State Electronics Development Corporation Limited?

    The corporate identification number (CIN) of Haryana State Electronics Development Corporation Limited is U00000CH1982SGC004963 and the company number is 004963 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Haryana State Electronics Development Corporation Limited?

    The Official website of Haryana State Electronics Development Corporation Limited is https://www.hartronservices.com

  • What has been the recent revenue trend for Haryana State Electronics Development Corporation Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Haryana State Electronics Development Corporation Limited has risen by 2.73%.

  • How many employees does Haryana State Electronics Development Corporation Limited currently have?

    As Per 2020 financial reports, 264 employees are currently employed by Haryana State Electronics Development Corporation Limited.

  • What change has been observed in the net worth of Haryana State Electronics Development Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Haryana State Electronics Development Corporation Limited has experienced an upsurge of 16.53%.

  • When was the last Balance Sheet of Haryana State Electronics Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Haryana State Electronics Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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