Hibiscus Technology Solutions Private Limited

Web and mobile app development company in Bangalore, offering services for iPhone, Android, and more.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: January 11, 2025

Hibiscus Technology Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -46.31%
  • Profit Growth 95.58%
  • Ebitda 100.73%
  • Net Worth -0.32%
  • Total Assets 1.38%

About Hibiscus Technology Solutions

Hibiscus Technology Solutions Private Limited (HTSPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2008 and has a history of 16 years and nine months. Its registered office is in Bangaluru, Karnataka, 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 1.05 Cr and a paid-up capital of Rs 1.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Narasimhan and Ranjani Vajravaradan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72400KA2008PTC046297

  • Company No.

    046297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Hibiscus Technology Solutions Private Limited offer?

Hibiscus Technology Solutions Private Limited offers a wide range of products and services, including Mobile Application Development, IOS Application Development, Android Application Development Services, Website Development Services, PHP Development, Mobile Website Service, Social Media Consulting Service, Social Media Application Services, CMS Web Development, Application Development Service.

Who are the key members and board of directors at Hibiscus Technology Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Ramesh Narasimhan Country flag representing In Managing Director 02-May-2008 Current

Board Members (1)

Name Designation Appointment Date Status
Ranjani Vajravaradan Country flag representing In Whole-Time Director 02-May-2008 Current

Financial Performance of Hibiscus Technology Solutions.

Hibiscus Technology Solutions Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 46.31% decrease. The company also saw a substantial improvement in profitability, with a 95.58% increase in profit. The company's net worth dipped by a decrease of 0.32%.

Graph illustrating revenue growth over time
Graph showing 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
-46.31%
Revenue from Operations
-59.81%
Total Assets
1.38%
Profit or Loss
95.58%
Net Worth
-0.32%
EBITDA
100.73%

What is the Ownership and Shareholding Structure of Hibiscus Technology Solutions?

In 2017, Hibiscus Technology Solutions 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Hibiscus Technology Solutions?

Hibiscus Technology Solutions has a workforce of 0 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hibiscus Technology Solutions, 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 Hibiscus Technology Solutions'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 Hibiscus Technology Solutions

Recent activity within the organization

  • Annual General Meeting

    Hibiscus Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hibiscus Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Ramesh Narasimhan was appointed as a Managing Director was appointed as a Managing Director on 02 May 2008 & has been associated with this company since 16 years 9 months .

    02 May 2008

  • Director Appointment

    Ranjani Vajravaradan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 May 2008 & has been associated with this company since 16 years 9 months .

    02 May 2008

  • Company Incorporation

    Hibiscus Technology Solutions Private Limited was registered on 02 May 2008 with Roc Bangalore & aged 16 years 9 months as per MCA records.

    02 May 2008

Frequently asked questions

  • Hibiscus Technology Solutions Private Limited was incorporated on 02 May 2008.

  • The authorized share capital of Hibiscus Technology Solutions Private Limited is ₹ 1.05 Cr and paid-up capital is ₹ 1.04 Cr.

  • Currently 2 directors are associated with Hibiscus Technology Solutions Private Limited.

    • Ramesh Narasimhan
    • Ranjani Vajravaradan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hibiscus Technology Solutions Private Limited is E 203 Jacaranda Block Brigade Millennium J P Nagar 7Th Phase, India, Bangalore, Karnataka, 560078.

  • The corporate identification number (CIN) of Hibiscus Technology Solutions Private Limited is U72400KA2008PTC046297 and the company number is 046297 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hibiscus Technology Solutions Private Limited is https://www.hibiscustech.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Hibiscus Technology Solutions Private Limited has fallen by -46.31%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Hibiscus Technology Solutions Private Limited has experienced an downturn of -0.32%.

  • The most recent Balance Sheet for Hibiscus Technology Solutions Private Limited was filed with the ROC on 31 Mar 2024.