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Harmony Musical Instruments (Madras) Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
- Paid Up Capital ₹ 10.72 Cr
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.50 Cr
- Revenue Growth 216.07%
- Profit Growth 53.70%
- Ebitda 83.04%
- Net Worth -25.31%
- Total Assets 48.08%
About Harmony Musical Instruments (Madras)
Harmony Musical Instruments (Madras) Private Limited (HMIMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 1996 and has a history of 28 years and eight months. Its registered office is in Kanchipuram, 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 11.50 Cr and a paid-up capital of Rs 10.72 Cr.
The company currently has active open charges totaling ₹22.50 Cr.
Shankar Swamy, Lakshman Swamy, Shoba Ramakrishnan, and One other member serve as directors at the Company.
Company Details
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Location
Kanchipuram, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U36920TN1996PTC035489
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Company No.
035489
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 May 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Harmony Musical Instruments (Madras) Private Limited offer?
Harmony Musical Instruments (Madras) Private Limited offers a wide range of products and services, including Guitar, Acoustic Guitar, Electric Guitar, Bass Guitar, Musical Equipment & Accessories, String Instruments.
Who are the key members and board of directors at Harmony Musical Instruments (Madras)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shankar Swamy
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Director | 01-Apr-2005 | Current |
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Shoba Ramakrishnan
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Director | 30-Jun-2009 | Current |
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Lakshman Swamy
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Additional Director | 18-Jan-2024 | Current |
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Ramani Narayan
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Director | 01-Apr-2005 | Current |
Financial Performance of Harmony Musical Instruments (Madras).
Harmony Musical Instruments (Madras) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 216.07% increase. The company also saw a substantial improvement in profitability, with a 53.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.31%.
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What is the Ownership and Shareholding Structure of Harmony Musical Instruments (Madras)?
In 2022, Harmony Musical Instruments (Madras) had a promoter holding of 80.85% and a public holding of 19.15%. 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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Arbitech Polymerics Private LimitedShankar Swamy and Ramani Narayan are mutual person
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Varchas Foundations & Real Estates Llp
Lakshman Swamy is a mutual person
Charges (Loans)
₹22.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 22.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2021 | Others | ₹20.00 Cr | Open |
| 17 Dec 1997 | Others | ₹2.50 Cr | Open |
How Many Employees Work at Harmony Musical Instruments (Madras)?
Harmony Musical Instruments (Madras) has a workforce of 57 employees as of Apr 01, 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 Harmony Musical Instruments (Madras), 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 Harmony Musical Instruments (Madras)'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.
