Daeseong India Automotive Private Limited

Manufacturer and supplier of pressed sheet metal components for Hyundai Motors India Limited.

2006 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Daeseong India Automotive Profile

Key Indicators

  • Authorised Capital ₹ 550.00 Cr
  • Paid Up Capital ₹ 465.02 Cr
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 646.79 Cr
  • Satisfied Charges ₹ 357.31 Cr
  • Revenue Growth 20.77%
  • Profit Growth 77.91%
  • Ebitda 72.50%
  • Net Worth -3.73%
  • Total Assets -0.35%

About Daeseong India Automotive

Daeseong India Automotive Private Limited (DIAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 2006 and has a history of 18 years and five months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Automotive 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 550.00 Cr and a paid-up capital of Rs 465.02 Cr.

The company currently has active open charges totaling ₹646.79 Cr. The company has closed loans amounting to ₹357.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Daeseong India Automotive Private Limited India is Varun Deshmukh as COMPANY SECRETARY. Shin Ho and Chan Park serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50200TN2006PTC061139

  • Company No.

    061139

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Daeseong India Automotive?

Executive Team (2)

NameDesignationAppointment DateStatus
Shin Ho Country flag representing Kr Managing Director14-Feb-2024Current
Varun Deshmukh Country flag representing In Company Secretary17-Sep-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Chan Park Country flag representing Kr Additional Director 14-Feb-2024Current

Financial Performance of Daeseong India Automotive.

Daeseong India Automotive Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.77% increase. The company also saw a substantial improvement in profitability, with a 77.91% increase in profit. The company's net worth dipped by a decrease of 3.73%.

Daeseong India Automotive revenue growth over time
Daeseong India Automotive 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
20.77%
Revenue from Operations
23.24%
Total Assets
-0.35%
Profit or Loss
77.91%
Net Worth
-3.73%
EBITDA
72.50%

What is the Ownership and Shareholding Structure of Daeseong India Automotive?

In 2022, Daeseong India Automotive 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

₹646.79 Cr

Satisfied Charges

₹357.31 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 508.39 Cr
  • Others : 110.00 Cr
  • Axis Bank Limited : 28.40 Cr

Latest Charge Details

DateLenderAmountStatus
01 Apr 2024Hdfc Bank Limited₹55.00 CrOpen
31 Oct 2023Axis Bank Limited₹28.40 CrOpen
13 Apr 2023Hdfc Bank Limited₹60.00 CrOpen
14 Feb 2023Hdfc Bank Limited₹20.00 CrOpen
11 Jan 2023Hdfc Bank Limited₹40.37 CrOpen

How Many Employees Work at Daeseong India Automotive?

Daeseong India Automotive has a workforce of 350 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.

Employee growth trends for Daeseong India Automotive Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Daeseong India Automotive, 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 Daeseong India Automotive'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 Daeseong India Automotive

Recent activity within the organization

  • Annual General Meeting

    Daeseong India Automotive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 55.00 Cr registered on 01 Apr 2024 with Charge ID 100899006 was modified on 28 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 55.00 Cr with Charge ID 100899006 was registered on 01 Apr 2024.

  • Balance Sheet

    Daeseong India Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Shin Ju Ho was appointed as a Managing Director was appointed as a Managing Director on 14 Feb 2024 & has been associated with this company since 1 year 21 days .

  • Director Appointment

    Chan Sik Park was appointed as a Additional Director was appointed as a Additional Director on 14 Feb 2024 & has been associated with this company since 1 year 21 days .

Frequently asked questions

  • What is the Incorporation or founding date of Daeseong India Automotive Private Limited?

    Daeseong India Automotive Private Limited was incorporated on 19 Sep 2006.

  • What is authorized share capital and paid-up capital of Daeseong India Automotive Private Limited?

    The authorized share capital of Daeseong India Automotive Private Limited is ₹ 550.00 Cr and paid-up capital is ₹ 465.02 Cr.

  • Who are the current board members & directors of Daeseong India Automotive Private Limited?

    Currently 3 directors are associated with Daeseong India Automotive Private Limited.

    • Shin Ju Ho
    • Chan Sik Park
    • Varun Deshmukh

  • What is the registered address of Daeseong India Automotive Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Daeseong India Automotive Private Limited is No.496/2 Mannur Village, Valarpuram Post Sriperumbudur Taluk India, Kancheepuram, Tamil Nadu, 602105.

  • What is the corporate identification number (CIN) and company number of Daeseong India Automotive Private Limited?

    The corporate identification number (CIN) of Daeseong India Automotive Private Limited is U50200TN2006PTC061139 and the company number is 061139 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Daeseong India Automotive Private Limited?

    The Official website of Daeseong India Automotive Private Limited is https://www.msi-corp.in

  • What has been the recent revenue trend for Daeseong India Automotive Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Daeseong India Automotive Private Limited has risen by 20.77%.

  • How many employees does Daeseong India Automotive Private Limited currently have?

    As Per 2022 financial reports, 350 employees are currently employed by Daeseong India Automotive Private Limited.

  • What change has been observed in the net worth of Daeseong India Automotive Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Daeseong India Automotive Private Limited has experienced an downturn of -3.73%.

  • What are the total open charges for Daeseong India Automotive Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Daeseong India Automotive Private Limited amount to ₹ 646.79 Cr.

  • When was the last Balance Sheet of Daeseong India Automotive Private Limited filed with the ROC?

    The most recent Balance Sheet for Daeseong India Automotive Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Auto Dealership & Trading