Hyderabad Information Technology Venture Enterprises Limited

Provides asset management services and investment advice for software and IT companies.

1998 | Hyderabad, Telangana (India) | Active
Last Updated:

Hyderabad Information Technology Venture Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -16.12%
  • Profit Growth 15.61%
  • Ebitda 15.38%
  • Net Worth -12.55%
  • Total Assets -2.24%

About Hyderabad Information Technology Venture Enterprises

Hyderabad Information Technology Venture Enterprises Limited (HITVEL) is a Public Limited Indian Non-Government Company incorporated in India on 22 April 1998 and has a history of 26 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Agarwal, Chandra Samal, Subrata Ghosh, and Five other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hitvel.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TG1998PLC029282

  • Company No.

    029282

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1998

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Hyderabad Information Technology Venture Enterprises?

Board Members (8)

NameDesignationAppointment DateStatus
Subrata Ghosh Country flag representing In Nominee Director 27-Sep-2007Current
Sudhir Agarwal Country flag representing In Nominee Director 23-Dec-2021Current
Chandra Samal Country flag representing In Nominee Director 23-Dec-2021Current
Siva Manda Country flag representing In Nominee Director 29-May-2024Current
Chandramouli Vemuru Country flag representing In Nominee Director 29-May-2024Current
Syama Yekula Country flag representing In Nominee Director 29-May-2024Current

Financial Performance of Hyderabad Information Technology Venture Enterprises.

Hyderabad Information Technology Venture Enterprises Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 16.12% decrease. The company also saw a substantial improvement in profitability, with a 15.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.55%.

Hyderabad Information Technology Venture Enterprises revenue growth over time
Hyderabad Information Technology Venture Enterprises 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
-16.12%
Revenue from Operations
Total Assets
-2.24%
Profit or Loss
15.61%
Net Worth
-12.55%
EBITDA
15.38%

What is the Ownership and Shareholding Structure of Hyderabad Information Technology Venture Enterprises?

In 2022, Hyderabad Information Technology Venture Enterprises 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 Hyderabad Information Technology Venture Enterprises?

Unlock and access historical data on people associated with Hyderabad Information Technology Venture Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Hyderabad Information Technology Venture Enterprises Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hyderabad Information Technology Venture Enterprises, 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 Hyderabad Information Technology Venture Enterprises'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 Hyderabad Information Technology Venture Enterprises

Recent activity within the organization

  • Annual General Meeting

    Hyderabad Information Technology Venture Enterprises Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Director Appointment

    Siva Satyanarayana Reddy Manda was appointed as a Nominee Director was appointed as a Nominee Director on 29 May 2024 & has been associated with this company since 9 months 5 days .

  • Director Appointment

    Chandramouli Vemuru was appointed as a Nominee Director was appointed as a Nominee Director on 29 May 2024 & has been associated with this company since 9 months 5 days .

  • Director Appointment

    Syama Sundara Suresh Yekula was appointed as a Nominee Director was appointed as a Nominee Director on 29 May 2024 & has been associated with this company since 9 months 5 days .

  • Balance Sheet

    Hyderabad Information Technology Venture Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Director Appointment

    Manoj Kumar Agarwal was appointed as a Nominee Director was appointed as a Nominee Director on 12 Sep 2023 & has been associated with this company since 1 year 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Hyderabad Information Technology Venture Enterprises Limited?

    Hyderabad Information Technology Venture Enterprises Limited was incorporated on 22 Apr 1998.

  • What is authorized share capital and paid-up capital of Hyderabad Information Technology Venture Enterprises Limited?

    The authorized share capital of Hyderabad Information Technology Venture Enterprises Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Hyderabad Information Technology Venture Enterprises Limited?

    Currently 8 directors are associated with Hyderabad Information Technology Venture Enterprises Limited.

    • Sudhir Kumar Agarwal
    • Chandra Shekhar Samal
    • Subrata Ghosh
    • Siva Satyanarayana Reddy Manda
    • Chandramouli Vemuru
    • Syama Sundara Suresh Yekula
    • Manoj Kumar Agarwal
    • Vidya Sagar Thota

  • What is the registered address of Hyderabad Information Technology Venture Enterprises Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hyderabad Information Technology Venture Enterprises Limited is 5-9-58/B, Parisrama Bhavanambasheerbagh - 4. Basheerbagh India, Hyderabad, Telangana, 500004.

  • What is the corporate identification number (CIN) and company number of Hyderabad Information Technology Venture Enterprises Limited?

    The corporate identification number (CIN) of Hyderabad Information Technology Venture Enterprises Limited is U72200TG1998PLC029282 and the company number is 029282 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hyderabad Information Technology Venture Enterprises Limited?

    The Official website of Hyderabad Information Technology Venture Enterprises Limited is https://www.hitvel.co.in

  • What has been the recent revenue trend for Hyderabad Information Technology Venture Enterprises Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Hyderabad Information Technology Venture Enterprises Limited has fallen by -16.12%.

  • What change has been observed in the net worth of Hyderabad Information Technology Venture Enterprises Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hyderabad Information Technology Venture Enterprises Limited has experienced an downturn of -12.55%.

  • When was the last Balance Sheet of Hyderabad Information Technology Venture Enterprises Limited filed with the ROC?

    The most recent Balance Sheet for Hyderabad Information Technology Venture Enterprises Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Asset Management Firms