Handloom Heritage Limited

Manufactures, imports, exports, and sells natural and synthetic fiber products.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Handloom Heritage Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.72 Cr
  • Satisfied Charges ₹ 24.00 Cr
  • Revenue Growth 17.71%
  • Profit Growth 139.39%
  • Ebitda 29.73%
  • Net Worth 4.52%
  • Total Assets -7.07%

About Handloom Heritage

Handloom Heritage Limited (HHL) is a Public Limited Indian Non-Government Company incorporated in India on 19 April 1991 and has a history of 33 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹10.72 Cr. The company has closed loans amounting to ₹24.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rishab Singhvi, Dharmichand Kumar, Dharmichand Singhvi, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    southhandlooms.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52321TN1991PLC020663

  • Company No.

    020663

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Handloom Heritage?

Board Members (4)

NameDesignationAppointment DateStatus
Dharmichand Singhvi Country flag representing In Whole-Time Director 19-Apr-1991Current
Rishab Singhvi Country flag representing In Whole-Time Director 24-Apr-2003Current
Dharmichand Kumar Country flag representing In Whole-Time Director 01-Jun-2002Current
Dharmichand Devi Country flag representing In Whole-Time Director 03-May-1993Current

Financial Performance of Handloom Heritage.

Handloom Heritage Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 17.71% increase. The company also saw a substantial improvement in profitability, with a 139.39% increase in profit. The company's net worth moved up by a moderate rise of 4.52%.

Handloom Heritage revenue growth over time
Handloom Heritage 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
17.71%
Revenue from Operations
Total Assets
-7.07%
Profit or Loss
139.39%
Net Worth
4.52%
EBITDA
29.73%

What is the Ownership and Shareholding Structure of Handloom Heritage?

In 2020, Handloom Heritage had a promoter holding of 94.97% and a public holding of 5.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹107.16 M

Satisfied Charges

₹240.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.92 Cr
  • Tamilnad Mercantile Bank Ltd. : 0.57 Cr
  • Tamilnad Mercantile Bank Limited : 0.15 Cr
  • Canara Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2023Hdfc Bank Limited₹1.91 MOpen
13 Sep 2023Hdfc Bank Limited₹9.73 CrOpen
31 Mar 1999Tamilnad Mercantile Bank Ltd.₹2.73 MOpen
15 Mar 1999Tamilnad Mercantile Bank Ltd.₹3.00 MOpen
18 Jan 1995Tamilnad Mercantile Bank Limited₹1.50 MOpen

How Many Employees Work at Handloom Heritage?

Handloom Heritage has a workforce of 0 employees as of Apr 05, 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 Handloom Heritage Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Handloom Heritage, 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 Handloom Heritage'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 Handloom Heritage

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.91 M with Charge ID 100847932 was registered on 21 Oct 2023.

  • Annual General Meeting

    Handloom Heritage Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 97.32 M with Charge ID 100809803 was registered on 13 Sep 2023.

  • Balance Sheet

    Handloom Heritage Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 18 Jun 2010 via Charge ID 10227732 with Hdfc Bank Limited was fully satisfied on 01 Sep 2012.

  • Charges

    A charge registered on 12 Feb 2008 via Charge ID 10088385 with Standard Chartered Bank was fully satisfied on 21 Jun 2010.

Frequently asked questions

  • What is the Incorporation or founding date of Handloom Heritage Limited?

    Handloom Heritage Limited was incorporated on 19 Apr 1991.

  • What is authorized share capital and paid-up capital of Handloom Heritage Limited?

    The authorized share capital of Handloom Heritage Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Handloom Heritage Limited?

    Currently 4 directors are associated with Handloom Heritage Limited.

    • Rishab Singhvi
    • Dharmichand Sunil Kumar
    • Dharmichand Singhvi
    • Dharmichand Prakash Devi

  • What is the registered address of Handloom Heritage Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Handloom Heritage Limited is 37(0Ld No.18)Rajamannar Street T. Nagar Chennai India, Tamilnadu, Tamil Nadu, 600017.

  • What is the corporate identification number (CIN) and company number of Handloom Heritage Limited?

    The corporate identification number (CIN) of Handloom Heritage Limited is U52321TN1991PLC020663 and the company number is 020663 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Handloom Heritage Limited?

    The Official website of Handloom Heritage Limited is https://www.southhandlooms.com

  • What has been the recent revenue trend for Handloom Heritage Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Handloom Heritage Limited has risen by 17.71%.

  • What change has been observed in the net worth of Handloom Heritage Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Handloom Heritage Limited has experienced an upsurge of 4.52%.

  • What are the total open charges for Handloom Heritage Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Handloom Heritage Limited amount to ₹ 10.72 Cr.

  • When was the last Balance Sheet of Handloom Heritage Limited filed with the ROC?

    The most recent Balance Sheet for Handloom Heritage Limited was filed with the ROC on 31 Mar 2023.