Heato Cycles Private Limited

Manufactures and trades cycle parts for bicycles.

2019 | Jugiana, Punjab (India) | Active
Last Updated: June 16, 2024

Heato Cycles Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.08 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.30 Cr
  • Revenue Growth 97.85%
  • Profit Growth 8260.90%
  • Ebitda 93.41%
  • Net Worth 1187.49%
  • Total Assets -14.36%

About Heato Cycles

Heato Cycles Private Limited (HCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2019 (Six years and one month 7 days old ). Its registered office is in Jugiana, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.08 M.

The company currently has active open charges totaling ₹3.30 Cr.

Rohit Raheja and Amit Raheja serve as directors at the Company.

Company Details

  • Location

    Jugiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109PB2019PTC048870

  • Company No.

    048870

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

Who are the key members and board of directors at Heato Cycles?

Board Members (2)

Name Designation Appointment Date Status
Rohit Raheja Country flag representing In Director 07-Jan-2019 Current
Amit Raheja Country flag representing In Director 07-Jan-2019 Current

Financial Performance of Heato Cycles.

Heato Cycles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 97.85% increase. The company also saw a substantial improvement in profitability, with a 8260.9% increase in profit. The company's net worth Soared by an impressive increase of 1187.49%.

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
97.85%
Revenue from Operations
97.84%
Total Assets
-14.36%
Profit or Loss
8260.90%
Net Worth
1187.49%
EBITDA
93.41%

What is the Ownership and Shareholding Structure of Heato Cycles?

In 2023, Heato Cycles 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

₹33.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.30 Cr

Latest Charge Details

Date Lender Amount Status
09 May 2022 Others ₹3.30 Cr Open

How Many Employees Work at Heato Cycles?

Heato Cycles has a workforce of 20 employees as of Apr 06, 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 Heato Cycles, 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 Heato Cycles'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 Heato Cycles

Recent activity within the organization

  • Annual General Meeting

    Heato Cycles Private 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 Others of Rs. 33.00 M registered on 09 May 2022 with Charge ID 100577253 was modified on 06 Jul 2023.

    06 Jul 2023

  • Balance Sheet

    Heato Cycles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 33.00 M with Charge ID 100577253 was registered on 09 May 2022.

    09 May 2022

  • Director Appointment

    Rohit Raheja was appointed as a Director was appointed as a Director on 07 Jan 2019 & has been associated with this company since 6 years 1 month .

    07 Jan 2019

  • Director Appointment

    Amit Raheja was appointed as a Director was appointed as a Director on 07 Jan 2019 & has been associated with this company since 6 years 1 month .

    07 Jan 2019

Frequently asked questions

  • Heato Cycles Private Limited was incorporated on 07 Jan 2019.

  • The authorized share capital of Heato Cycles Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.08 M.

  • Currently 2 directors are associated with Heato Cycles Private Limited.

    • Rohit Raheja
    • Amit Raheja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Heato Cycles Private Limited is Uco Bank Road, Jugiana, Punjab, India, 141017.

  • The corporate identification number (CIN) of Heato Cycles Private Limited is U27109PB2019PTC048870 and the company number is 048870 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Heato Cycles Private Limited has risen by 97.85%.

  • As Per 2023 financial reports, 20 employees are currently employed by Heato Cycles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Heato Cycles Private Limited has experienced an upsurge of 1187.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Heato Cycles Private Limited amount to ₹ 3.30 Cr.

  • The most recent Balance Sheet for Heato Cycles Private Limited was filed with the ROC on 31 Mar 2023.