Hgst Technologies India Private Limited - Due diligence report

A 360° intelligence report on Hgst Technologies India Private Limited: trust score, financial health, credit view, compliance, directors, gr…

2011-02-15 Bengaluru, Karnataka Amalgamated Unlisted Active Compliant
HT Hgst Technologies India Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Hgst Technologies India Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
37/100
Trust Score
Caution Indicated

Hgst Technologies India Private Limited is assessed as Caution Indicated with a Trust Score of 37/100. Hgst Technologies India Private Limited is a private limited indian non-government company incorporated in 2011, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Hgst Technologies India Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
37/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
50/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
25/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 1 satisfied (1.65 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Flagged by authority: EPFO.
05

Director Intelligence

Stability score: 50/100
NameDIN / PANDesignationAppointedTenureDIN status
SUBIND KUMAR 01234567 Director 01/04/2018 6 yrs Approved
GRAHAM LESLIE HOLMES 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • SUBIND KUMAR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 25
Growth signals & trust indicators
Operating for 15+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (5/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence21/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment36/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view39/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
03 Nov 2022
Director ceased
SHAMBHAVI GOURI SHANKAR
14 Sep 2022
Last AGM held
Annual general meeting
13 Sep 2022
Director ceased
SUBIND KUMAR
05 Sep 2022
Director appointed
SUBIND KUMAR (Director)
30 Jun 2022
Charge satisfied
The Hongkong And Shanghai Banking Corporation Limited
31 Mar 2022
Latest balance sheet
Filed with ROC
30 Nov 2021
Director ceased
GRAHAM LESLIE HOLMES
31 Mar 2021
Director appointed
GRAHAM LESLIE HOLMES (Director)
Director ceased
SHASHIDARAN CHANDRASEKHARAN
30 Sep 2019
Director ceased
SUNIL KUMAR ALANKAR
30 Aug 2019
Director ceased
NAYANARAJA VARADARAJU NAIDU
20 Jul 2018
Director ceased
FOO JON HUI AMANDA
27 Apr 2018
Director ceased
AMIT SURESH PHANSALKAR
25 Sep 2017
Securities allotted
2767582 Equity Shares Without Differential Rights - 2.77 cr raised
05 Jun 2017
Director ceased
DAVIES KURIYAKKU THALAKOTTUR
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Net worth is positive.
2 active director(s) / partner(s); review board churn before relying on management continuity.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Zensar Technologies U72900PN2017PLC172415 Pune, Maharashtra, India
Multipak Electronics India U85110KA1995PTC018781 Bangalore, Karnataka, India
Gigacom Semiconductor Private Limited U74999AP2012PTC104865 Visakhapatnam, Andhra Pradesh, India
Seven Hills E-Health U72200AP2011PTC076414 Visakhapatnam, Andhra Pradesh, India
V D Intellisys Technologies Private Limited U72900DL2010PTC203285 Delhi, Delhi, India
Dan Electronic System Private Limited U32109DL2003PTC120961 New Delhi, Delhi, India
Fxlynx Solutions Private Limited U72200KA2015PTC079605 Bangalore, Karnataka, India
True Crystal Biz Solutions Private Limited U72900DL2017PTC311136 Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Hgst Technologies India Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hgst Technologies India Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Hgst Technologies India Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 37/100, distress signals and MSME payment-delay disclosures - know whether Hgst Technologies India Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Hgst Technologies India Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hgst Technologies India Private Limited an active company?

Hgst Technologies India Private Limited has MCA status “Amalgamated” with a compliance score of 5/100 (Caution Indicated).

Is Hgst Technologies India Private Limited financially healthy?

Hgst Technologies India Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Hgst Technologies India Private Limited?

Its overall Trust Score is 37/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hgst Technologies India Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Hgst Technologies India Private Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Hgst Technologies India Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Hgst Technologies India Private Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.