Hitachi Mgrm Net Limited

Provides IT services and M-Gov and M-Star platforms for education, health, agriculture, and more.

1998 | Gurugram, Haryana (India) | Active
Last Updated: October 24, 2024

Hitachi Mgrm Net Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 21.28 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.00 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 89.45%
  • Profit Growth 645.62%
  • Ebitda 76.74%
  • Net Worth 35.52%
  • Total Assets 22.34%

About Hitachi Mgrm Net

Hitachi Mgrm Net Limited (HMNL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 May 1998 and has a history of 26 years and eight months. Its registered office is in Gurugram, Haryana, India.

The Corporate was formerly known as Mgrm Net Limited. The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 21.28 Cr.

The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hitachi Mgrm Net Limited India are Hitesh Arora as CFO and Divya Sharma as Company Secretary. Ashwani Windlass, Muralidhar Komanduri, Surabhi Dassharma, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899HR1998PLC101561

  • Company No.

    094127

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 May 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Internet

What products or services does Hitachi Mgrm Net Limited offer?

Hitachi Mgrm Net Limited offers a wide range of products and services, including Software Consulting Service, E-Governance Solutions, Software Development & IT Consultant.

Who are the key members and board of directors at Hitachi Mgrm Net?

Executive Team (3)

NameDesignationAppointment DateStatus
Bharat Kaushal Country flag representing In Managing Director09-Apr-2018Current
Hitesh Arora Country flag representing In CFO27-Sep-2022Current
Divya Sharma Company Secretary05-Sep-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Tarun Seth Country flag representing In Director 24-Feb-2021Current
Ashwani Windlass Country flag representing In Director 21-Oct-2000Current
Muralidhar Komanduri Country flag representing In Director 08-Dec-2003Current
Surabhi Dassharma Country flag representing In Director 28-Apr-2022Current
Srinivasagopalan Regunathan Country flag representing In Director 01-Nov-2008Current
Subhash Malhotra Country flag representing Us Director 20-Sep-2022Current

Financial Performance of Hitachi Mgrm Net.

Hitachi Mgrm Net Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.45% increase. The company also saw a substantial improvement in profitability, with a 645.62% increase in profit. The company's net worth Soared by an impressive increase of 35.52%.

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
89.45%
Revenue from Operations
90.02%
Total Assets
22.34%
Profit or Loss
645.62%
Net Worth
35.52%
EBITDA
76.74%

What is the Ownership and Shareholding Structure of Hitachi Mgrm Net?

In 2023, Hitachi Mgrm Net had a promoter holding of 73.99% and a public holding of 26.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2017Hdfc Bank Limited₹60.00 CrOpen
08 Jun 2002Canara Bank₹1.50 CrSatisfied

How Many Employees Work at Hitachi Mgrm Net?

Hitachi Mgrm Net has a workforce of 84 employees as of Apr 09, 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 Hitachi Mgrm Net, 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 Hitachi Mgrm Net'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 Hitachi Mgrm Net

Recent activity within the organization

  • Director Appointment

    Divya Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 05 Sep 2024 & has been associated with this company since 5 months 18 days .

    05 Sep 2024

  • Annual General Meeting

    Hitachi Mgrm Net Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 28 Jun 2017 with Charge ID 100123753 was modified on 03 Apr 2023.

    03 Apr 2023

  • Balance Sheet

    Hitachi Mgrm Net Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Hicham Abdessamad was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jul 2018 & has been associated with this company since 6 years 7 months .

    12 Jul 2018

  • Director Appointment

    Bharat Kaushal was appointed as a Managing Director was appointed as a Managing Director on 09 Apr 2018 & has been associated with this company since 6 years 10 months .

    09 Apr 2018

Frequently asked questions

  • Hitachi Mgrm Net Limited was incorporated on 28 May 1998.

  • The authorized share capital of Hitachi Mgrm Net Limited is ₹ 22.00 Cr and paid-up capital is ₹ 21.28 Cr.

  • Currently 12 directors are associated with Hitachi Mgrm Net Limited.

    • Ashwani Windlass
    • Muralidhar Komanduri
    • Surabhi Dassharma
    • Tarun Seth
    • Srinivasagopalan Regunathan
    • Bharat Kaushal
    • Subhash C Malhotra
    • Kojin Nakakita
    • Komanduri Venkata Ramana Murthy
    • Hicham Abdessamad
    • Hitesh Arora
    • Divya Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitachi Mgrm Net Limited is 1St Floor Mgrm House Plot No. 19 Huda Institutional Area Sector - 32, India, Gurugram, Haryana, 122003.

  • The corporate identification number (CIN) of Hitachi Mgrm Net Limited is U74899HR1998PLC101561 and the company number is 094127 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hitachi Mgrm Net Limited is https://www.hitachimgrmnet.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitachi Mgrm Net Limited has risen by 89.45%.

  • As Per 2023 financial reports, 84 employees are currently employed by Hitachi Mgrm Net Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitachi Mgrm Net Limited has experienced an upsurge of 35.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitachi Mgrm Net Limited amount to ₹ 60.00 Cr.

  • The most recent Balance Sheet for Hitachi Mgrm Net Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Online Service Marketplaces