Harmony Yarns Private Limited

Manufactures dyed and textured yarns for various industries, including fashion, home decor, and automotive.

1997 | Surat, Gujarat (India) | Active
Last Updated:

Harmony Yarns Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.65 Cr
  • Company Age 27 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 129.51 Cr
  • Satisfied Charges ₹ 129.05 Cr
  • Revenue Growth 20.60%
  • Profit Growth 34.56%
  • Ebitda 41.61%
  • Net Worth 26.74%
  • Total Assets 2.98%

About Harmony Yarns

Harmony Yarns Private Limited (HYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 December 1997 and has a history of 27 years and two months. Its registered office is in Surat, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.65 Cr.

The company currently has active open charges totaling ₹129.51 Cr. The company has closed loans amounting to ₹129.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Kejriwal and Binod Saraf serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110GJ1997PTC033489

  • Company No.

    033489

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Harmony Yarns?

Board Members (2)

NameDesignationAppointment DateStatus
Ashok Kejriwal Country flag representing In Director 01-Apr-2006Current
Binod Saraf Country flag representing In Director 23-Aug-1998Current

Financial Performance of Harmony Yarns.

Harmony Yarns Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.6% increase. The company also saw a substantial improvement in profitability, with a 34.56% increase in profit. The company's net worth Soared by an impressive increase of 26.74%.

Harmony Yarns revenue growth over time
Harmony Yarns 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
20.60%
Revenue from Operations
21.67%
Total Assets
2.98%
Profit or Loss
34.56%
Net Worth
26.74%
EBITDA
41.61%

What is the Ownership and Shareholding Structure of Harmony Yarns?

In 2023, Harmony Yarns had a promoter holding of 23.57% and a public holding of 76.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹129.51 Cr

Satisfied Charges

₹129.05 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 129.51 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2022Axis Bank Limited₹70.35 CrOpen
06 Feb 2021Axis Bank Limited₹59.16 CrOpen
14 Oct 2022Axis Bank Limited₹2.50 CrSatisfied
24 Nov 2021Axis Bank Limited₹8.22 CrSatisfied
02 Dec 2020Axis Bank Limited₹33.45 CrSatisfied

How Many Employees Work at Harmony Yarns?

Unlock and access historical data on people associated with Harmony Yarns, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Harmony Yarns Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Harmony Yarns, 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 Yarns'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 Harmony Yarns

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Harmony Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 70.35 Cr registered on 18 Jan 2022 with Charge ID 100525725 was modified on 21 Feb 2024.

  • Charges

    A charge registered on 14 Oct 2022 via Charge ID 100621873 with Axis Bank Limited was fully satisfied on 21 Mar 2023.

  • Charges

    A charge registered on 24 Nov 2021 via Charge ID 100516053 with Axis Bank Limited was fully satisfied on 21 Mar 2023.

  • Charges

    A charge registered on 02 Dec 2020 via Charge ID 100395095 with Axis Bank Limited was fully satisfied on 21 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Harmony Yarns Private Limited?

    Harmony Yarns Private Limited was incorporated on 24 Dec 1997.

  • What is authorized share capital and paid-up capital of Harmony Yarns Private Limited?

    The authorized share capital of Harmony Yarns Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.65 Cr.

  • Who are the current board members & directors of Harmony Yarns Private Limited?

    Currently 2 directors are associated with Harmony Yarns Private Limited.

    • Ashok Kumar Kejriwal
    • Binod Kumar Saraf

  • What is the registered address of Harmony Yarns Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Harmony Yarns Private Limited is Plot-65 1St Floor Subhash Nagar Society Ghod Dod Road Nr. Ram Chowk, India, Surat, Gujarat, 395001.

  • What is the corporate identification number (CIN) and company number of Harmony Yarns Private Limited?

    The corporate identification number (CIN) of Harmony Yarns Private Limited is U74110GJ1997PTC033489 and the company number is 033489 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Harmony Yarns Private Limited?

    The Official website of Harmony Yarns Private Limited is https://www.harmonyyarns.in

  • What has been the recent revenue trend for Harmony Yarns Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Harmony Yarns Private Limited has risen by 20.60%.

  • What change has been observed in the net worth of Harmony Yarns Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Harmony Yarns Private Limited has experienced an upsurge of 26.74%.

  • What are the total open charges for Harmony Yarns Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Harmony Yarns Private Limited amount to ₹ 129.51 Cr.

  • When was the last Balance Sheet of Harmony Yarns Private Limited filed with the ROC?

    The most recent Balance Sheet for Harmony Yarns Private Limited was filed with the ROC on 31 Mar 2024.

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