Haigreeva Infratech Projects Limited

Provides infrastructure and construction services with a fleet of top-quality equipment and certifications.

2001 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 06, 2024

Haigreeva Infratech Projects Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.60 Cr
  • Company Age 23 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 344.68 Cr
  • Satisfied Charges ₹ 143.16 Cr
  • Revenue Growth -31.91%
  • Profit Growth -58.76%
  • Ebitda -47.17%
  • Net Worth 7.64%
  • Total Assets 1.67%

About Haigreeva Infratech Projects

Haigreeva Infratech Projects Limited (HIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 July 2001 and has a history of 23 years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Corporate was formerly known as Haigreeva Engineering Company Limited. The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.60 Cr.

The company currently has active open charges totaling ₹344.68 Cr. The company has closed loans amounting to ₹143.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Radha Chilukuri, Ravi Bade, and Jagadeeswarudu Chilukuri serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    haigreeva.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29248AP2001PLC037005

  • Company No.

    037005

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 2001

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Infrastructure and Utilities

What products or services does Haigreeva Infratech Projects Limited offer?

Haigreeva Infratech Projects Limited offers a wide range of products and services, including School Furniture, Hostel Furniture, Building & Real Estate Developers, Road Construction, Construction Service.

Who are the key members and board of directors at Haigreeva Infratech Projects?

Executive Team (1)

NameDesignationAppointment DateStatus
Jagadeeswarudu Chilukuri Country flag representing In Managing Director11-Jul-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Radha Chilukuri Country flag representing In Director 11-Jul-2001Current
Ravi Bade Country flag representing In Director 29-Aug-2024Current

Financial Performance of Haigreeva Infratech Projects.

Haigreeva Infratech Projects Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 31.91% decrease. The company also saw a substantial fall in profitability, with a 58.76% decrease in profit. The company's net worth moved up by a moderate rise of 7.64%.

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
-31.91%
Revenue from Operations
-32.01%
Total Assets
1.67%
Profit or Loss
-58.76%
Net Worth
7.64%
EBITDA
-47.17%

What is the Ownership and Shareholding Structure of Haigreeva Infratech Projects?

In 2020, Haigreeva Infratech Projects had a promoter holding of 73.49% and a public holding of 26.51%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹344.68 Cr

Satisfied Charges

₹143.16 Cr

Charges Breakdown by Lending Institutions

  • Others : 263.97 Cr
  • Axis Bank Limited : 75.32 Cr
  • Andhra Pradesh State Financial Corporation : 5.00 Cr
  • Ing Vysya Bank Limited : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2020Others₹3.68 CrOpen
07 May 2020Others₹6.65 CrOpen
03 Mar 2018Others₹30.00 CrOpen
22 May 2017Others₹1.08 CrOpen
15 Mar 2017Others₹0.62 MOpen

How Many Employees Work at Haigreeva Infratech Projects?

Haigreeva Infratech Projects has a workforce of 43 employees as of Apr 04, 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 Haigreeva Infratech Projects, 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 Haigreeva Infratech Projects'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 Haigreeva Infratech Projects

Recent activity within the organization

  • Director Appointment

    Ravi Kiran Babu Bade was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 5 months 25 days .

    29 Aug 2024

  • Annual General Meeting

    Haigreeva Infratech Projects Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 3.68 Cr with Charge ID 100373360 was registered on 08 Sep 2020.

    08 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 6.65 Cr with Charge ID 100373727 was registered on 07 May 2020.

    07 May 2020

  • Balance Sheet

    Haigreeva Infratech Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.

    31 Mar 2020

  • Charges

    A charge with Others of Rs. 170.00 Cr registered on 07 Jan 2010 with Charge ID 10195126 was modified on 30 Oct 2019.

    30 Oct 2019

Frequently asked questions

  • Haigreeva Infratech Projects Limited was incorporated on 11 Jul 2001.

  • The authorized share capital of Haigreeva Infratech Projects Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.60 Cr.

  • Currently 3 directors are associated with Haigreeva Infratech Projects Limited.

    • Radha Rani Chilukuri
    • Ravi Kiran Babu Bade
    • Jagadeeswarudu Chilukuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Haigreeva Infratech Projects Limited is Mig-28 29 Swethavahana Residency Ground Floor Sector-1, Mvp Colony India, Visakhapatnam, Andhra Pradesh, 530017.

  • The corporate identification number (CIN) of Haigreeva Infratech Projects Limited is U29248AP2001PLC037005 and the company number is 037005 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Haigreeva Infratech Projects Limited is https://www.haigreeva.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Haigreeva Infratech Projects Limited has fallen by -31.91%.

  • As Per 2020 financial reports, 43 employees are currently employed by Haigreeva Infratech Projects Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Haigreeva Infratech Projects Limited has experienced an upsurge of 7.64%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Haigreeva Infratech Projects Limited amount to ₹ 344.68 Cr.

  • The most recent Balance Sheet for Haigreeva Infratech Projects Limited was filed with the ROC on 31 Mar 2020.

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