Heatex Industries Limited

Manufactures and markets process equipment meeting national and international standards.

2008 | Surat, Gujarat (India) | Active
Last Updated: July 18, 2024

Heatex Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.17 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.73 Cr
  • Satisfied Charges ₹ 3.78 Cr
  • Revenue Growth -5.90%
  • Profit Growth 5.11%
  • Ebitda 6.95%
  • Net Worth 16.94%
  • Total Assets 45.49%

About Heatex Industries

Heatex Industries Limited (HIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 2008 and has a history of 16 years and ten months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 Cr and a paid-up capital of Rs 7.17 M.

The company currently has active open charges totaling ₹10.73 Cr. The company has closed loans amounting to ₹3.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mallikaben Patel, Arpit Patel, Arpan Patel, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29261GJ2008PLC053236

  • Company No.

    053236

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Heatex Industries Limited offer?

Heatex Industries Limited offers a wide range of products and services, including Apparel & Textile Machinery, Dyeing Machinery, Jet Dyeing Machine, Heater, Thermostat & Heating Devices, Heater & Heating Components, Textile Machines, Industrial Valves & Valve Fittings, Rotary Valves, Industrial Air Conditioner & Devices, Air Ducts.

Who are the key members and board of directors at Heatex Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Kiran Patel Country flag representing In Managing Director13-Mar-2008Current

Board Members (3)

NameDesignationAppointment DateStatus
Arpit Patel Country flag representing In Whole-Time Director 13-Mar-2008Current
Mallikaben Patel Country flag representing In Director 01-Dec-2018Current
Arpan Patel Country flag representing In Director 13-Mar-2008Current

Financial Performance of Heatex Industries.

Heatex Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.9% decrease. The company also saw a slight improvement in profitability, with a 5.11% increase in profit. The company's net worth Soared by an impressive increase of 16.94%.

Graph illustrating revenue growth over time
Graph showing 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
-5.90%
Revenue from Operations
-6.19%
Total Assets
45.49%
Profit or Loss
5.11%
Net Worth
16.94%
EBITDA
6.95%

What is the Ownership and Shareholding Structure of Heatex Industries?

In 2023, Heatex 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.73 Cr

Satisfied Charges

₹3.78 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.73 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2023Hdfc Bank Limited₹1.50 MOpen
10 Nov 2023Hdfc Bank Limited₹0.70 MOpen
20 Oct 2023Hdfc Bank Limited₹0.70 MOpen
07 Jul 2023Hdfc Bank Limited₹0.40 MOpen
02 Jun 2023Hdfc Bank Limited₹1.20 MOpen

How Many Employees Work at Heatex Industries?

Heatex Industries has a workforce of 483 employees as of Mar 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heatex 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 Heatex Industries'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 Heatex Industries

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100843760 was registered on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100842606 was registered on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100815867 was registered on 20 Oct 2023.

    20 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100751494 was registered on 07 Jul 2023.

    07 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100735233 was registered on 02 Jun 2023.

    02 Jun 2023

Frequently asked questions

  • Heatex Industries Limited was incorporated on 13 Mar 2008.

  • The authorized share capital of Heatex Industries Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.17 M.

  • Currently 4 directors are associated with Heatex Industries Limited.

    • Mallikaben Mohanbhai Patel
    • Arpit Mohanbhai Patel
    • Arpan Mohanbhai Patel
    • Kiran Sumantrai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Heatex Industries Limited is Block/Revenue Survey No. 436 437 445 448 To 450 Near Palsana Chokdi National Highway No, . 8 Palsan, Surat, Gujarat, India, 394315.

  • The corporate identification number (CIN) of Heatex Industries Limited is U29261GJ2008PLC053236 and the company number is 053236 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Heatex Industries Limited is https://www.heatexindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Heatex Industries Limited has fallen by -5.90%.

  • As Per 2023 financial reports, 483 employees are currently employed by Heatex Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Heatex Industries Limited has experienced an upsurge of 16.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Heatex Industries Limited amount to ₹ 10.73 Cr.

  • The most recent Balance Sheet for Heatex Industries Limited was filed with the ROC on 31 Mar 2023.

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