Happy Axle And Gear Manufacturing Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 4 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.35 Cr
- Satisfied Charges ₹ 0.51 M
- Revenue Growth %
- Profit Growth 847.17%
- Ebitda 14704.88%
- Net Worth 2205.46%
- Total Assets 358.63%
About Happy Axle And Gear Manufacturing
Happy Axle And Gear Manufacturing Private Limited (HAAGMPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 July 2020 (Four years and six months 30 days old ). Its registered office is in Ludhiana, Punjab, 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹9.35 Cr. The company has closed loans amounting to ₹0.51 M, as per Ministry of Corporate Affairs (MCA) records.
Abhishek Garg and Deepak Garg serve as directors at the Company.
Company Details
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U35990PB2020PTC051390
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Company No.
051390
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Jul 2020
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Happy Axle And Gear Manufacturing?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Garg
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Director | 16-Jul-2020 | Current |
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Deepak Garg
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Director | 16-Jul-2020 | Current |
Financial Performance of Happy Axle And Gear Manufacturing.
Happy Axle And Gear Manufacturing Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 847.17% increase in profit. The company's net worth Soared by an impressive increase of 2205.46%.
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What is the Ownership and Shareholding Structure of Happy Axle And Gear Manufacturing?
In 2023, Happy Axle And Gear Manufacturing had a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Happy Steels Private LimitedAbhishek Garg and Deepak Garg are mutual person
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Happy Autocomp Private LimitedAbhishek Garg and Deepak Garg are mutual person
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Happy Forgetech Private Limited
Abhishek Garg and Deepak Garg are mutual person
Charges (Loans)
₹93.47 M
₹0.51 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.21 Cr
- Sidbi : 1.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2022 | Sidbi | ₹1.14 Cr | Open |
| 30 Nov 2020 | Hdfc Bank Limited | ₹8.21 Cr | Open |
| 13 Sep 2022 | Hdfc Bank Limited | ₹0.51 M | Satisfied |
How Many Employees Work at Happy Axle And Gear Manufacturing?
Happy Axle And Gear Manufacturing has a workforce of 83 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Happy Axle And Gear Manufacturing, 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 Happy Axle And Gear Manufacturing's trajectory.
Rating
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
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.