Hippocampus Infotech Private Limited

IT company offering app and web development, software migration, database management, and staffing solutions.

2008 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: January 13, 2025

Hippocampus Infotech Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 5.33 M
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth -87.70%
  • Profit Growth 60.52%
  • Ebitda 69.42%
  • Net Worth -45.12%
  • Total Assets -41.39%

About Hippocampus Infotech

Hippocampus Infotech Private Limited (HIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 June 2008 and has a history of 16 years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2018. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.33 M. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Reddy Krishna and Sitaratnam Reddy serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72300AP2008PTC059831

  • Company No.

    059831

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 2008

  • Date of AGM

    22 Jun 2019

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

Who are the key members and board of directors at Hippocampus Infotech?

Board Members (2)

Name Designation Appointment Date Status
Reddy Krishna Country flag representing In Director 24-Jun-2008 Current
Sitaratnam Reddy Country flag representing In Director 30-Mar-2011 Current

Financial Performance of Hippocampus Infotech.

Hippocampus Infotech Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 87.7% decrease. The company also saw a substantial improvement in profitability, with a 60.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.12%.

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
-87.70%
Revenue from Operations
-81.42%
Total Assets
-41.39%
Profit or Loss
60.52%
Net Worth
-45.12%
EBITDA
69.42%

What is the Ownership and Shareholding Structure of Hippocampus Infotech?

In 2018, Hippocampus Infotech 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

₹5.33 M

Satisfied Charges

₹1.00 M

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 0.53 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2018 Vijaya Bank ₹5.00 M Open
21 Jul 2016 Vijaya Bank ₹0.33 M Open
16 Jun 2017 Vijaya Bank ₹1.00 M Satisfied

How Many Employees Work at Hippocampus Infotech?

Hippocampus Infotech has a workforce of 206 employees as of Apr 06, 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 Hippocampus Infotech, 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 Hippocampus Infotech'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 Hippocampus Infotech

Recent activity within the organization

  • Annual General Meeting

    Hippocampus Infotech Private Limited last Annual general meeting of members was held on 22 Jun 2019 as per latest MCA records.

    22 Jun 2019

  • Charges

    A charge registered on 16 Jun 2017 via Charge ID 100112827 with Vijaya Bank was fully satisfied on 17 Sep 2018.

    17 Sep 2018

  • Charges

    A charge with Vijaya Bank amounted to Rs. 5.00 M with Charge ID 100204772 was registered on 31 Aug 2018.

    31 Aug 2018

  • Balance Sheet

    Hippocampus Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Vijayawada.

    31 Mar 2018

  • Charges

    A charge with Vijaya Bank amounted to Rs. 1.00 M with Charge ID 100112827 was registered on 16 Jun 2017.

    16 Jun 2017

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.33 M with Charge ID 100043507 was registered on 21 Jul 2016.

    21 Jul 2016

Frequently asked questions

  • Hippocampus Infotech Private Limited was incorporated on 24 Jun 2008.

  • The authorized share capital of Hippocampus Infotech Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Hippocampus Infotech Private Limited.

    • Reddy Vijaya Krishna
    • Sitaratnam Reddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hippocampus Infotech Private Limited is Mig - 55 Sector -1, M V P Colony India, Vishakapatnam, Andhra Pradesh, 530017.

  • The corporate identification number (CIN) of Hippocampus Infotech Private Limited is U72300AP2008PTC059831 and the company number is 059831 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hippocampus Infotech Private Limited is https://www.hippocampusinfotech.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Hippocampus Infotech Private Limited has fallen by -87.70%.

  • As Per 2018 financial reports, 206 employees are currently employed by Hippocampus Infotech Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Hippocampus Infotech Private Limited has experienced an downturn of -45.12%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Hippocampus Infotech Private Limited amount to ₹ 5.33 M.

  • The most recent Balance Sheet for Hippocampus Infotech Private Limited was filed with the ROC on 31 Mar 2018.

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