Harold Industries Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.15 Cr
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.00 Cr
- Satisfied Charges ₹ 850.12 Cr
- Revenue Growth 3.01%
- Profit Growth 95.41%
- Ebitda 34.72%
- Net Worth 1.72%
- Total Assets -6.12%
About Harold Industries
Harold Industries Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 2004 and has a history of 20 years and nine months. Its registered office is in Tiruvallur, Tamil Nadu, India.
The Corporate was formerly known as Shri Skandaa Minerals Private Limited. The Company is engaged in the Engineering 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 4.00 Cr and a paid-up capital of Rs 3.15 Cr.
The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹850.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Madhusudan Ponaka, Pradeep Srinivasan, and Bakthavatchalu Srinivasan serve as directors at the Company.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U14219TN2004PTC053301
- Company No.
053301
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 May 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Harold Industries Private Limited offer?
Harold Industries Private Limited offers a wide range of products and services, including Electric Control Panel, Meter Panel Board, APFC Panels, Electrical Panels & Distribution Box, Pump Control Panels, FRP Lining, PU & Powder Coatings, Special Coating, Distribution Box, Electrical & Signaling Contractors, Electrical Work.
Who are the key members and board of directors at Harold Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bakthavatchalu Srinivasan  | Managing Director | 21-May-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Madhusudan Ponaka | Whole-Time Director | 29-Jun-2012 | Current |
| Pradeep Srinivasan | Whole-Time Director | 21-May-2004 | Current |
Financial Performance of Harold Industries.
Harold Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.01% increase. The company also saw a substantial improvement in profitability, with a 95.41% increase in profit. The company's net worth moved up by a moderate rise of 1.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Harold Industries?
In 2023, Harold Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bhanu Cerglaze Private LimitedMadhusudan Ponaka is a mutual person
Airport Global Technical Solutions Private LimitedBakthavatchalu Srinivasan is a mutual person
- Agts Harold Global Llp
Pradeep Srinivasan and Bakthavatchalu Srinivasan are mutual person
- Entex Private Limited
Bakthavatchalu Srinivasan is a mutual person
Charges (Loans)
₹12.00 Cr
₹850.12 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.50 Cr
- Others : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2024 | Others | ₹2.00 Cr | Open |
| 04 Jul 2024 | Axis Bank Limited | ₹9.50 Cr | Open |
| 31 Jul 2020 | Others | ₹4.99 M | Open |
| 28 Mar 2022 | Idbi Bank Limited | ₹5.79 M | Satisfied |
| 26 Mar 2021 | Idbi Bank Limited | ₹828.75 Cr | Satisfied |
How Many Employees Work at Harold Industries?
Harold Industries has a workforce of 64 employees as of Mar 31, 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 Harold Industries, 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 Harold Industries'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.