Hegde Precision Products Private Limited

Manufacturer and trader of precision products for auto, consumer durable, and textile industries.

1988 | Bangalore, Karnataka (India) | Active
Last Updated: July 24, 2024

Hegde Precision Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth 27.51%
  • Profit Growth 315.74%
  • Ebitda 104.15%
  • Net Worth 32.49%
  • Total Assets 18.03%

About Hegde Precision Products

Hegde Precision Products Private Limited (HPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 August 1988 and has a history of 36 years and six months. Its registered office is in Bangalore, Karnataka, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹9.00 M, as per Ministry of Corporate Affairs (MCA) records.

Rasik Hegde, Niveda Hegde, and Karan Hegde serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hppindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28920KA1988PTC009355

  • Company No.

    009355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

What products or services does Hegde Precision Products Private Limited offer?

Hegde Precision Products Private Limited offers a wide range of products and services, including Stamping Tools & Stamping Machine, Automotive & Electrical Stampings, Moulds, Jigs and Casting Dies, Threading Dies.

Who are the key members and board of directors at Hegde Precision Products?

Executive Team (1)

Name Designation Appointment Date Status
Rasik Hegde Country flag representing In Managing Director 10-Aug-1988 Current

Board Members (2)

Name Designation Appointment Date Status
Niveda Hegde Country flag representing In Whole-Time Director 23-Dec-1993 Current
Karan Hegde Country flag representing In Whole-Time Director 16-Dec-2013 Current

Financial Performance of Hegde Precision Products.

Hegde Precision Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.51% increase. The company also saw a substantial improvement in profitability, with a 315.74% increase in profit. The company's net worth Soared by an impressive increase of 32.49%.

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
27.51%
Revenue from Operations
26.45%
Total Assets
18.03%
Profit or Loss
315.74%
Net Worth
32.49%
EBITDA
104.15%

What is the Ownership and Shareholding Structure of Hegde Precision Products?

In 2023, Hegde Precision Products 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

₹35.00 M

Satisfied Charges

₹9.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2013 Axis Bank Limited ₹3.50 Cr Open
19 Mar 2003 State Bank Of India ₹7.00 M Satisfied
10 May 2002 Karnataka State Financial Corporation ₹0.95 M Satisfied
15 Mar 1995 State Bank Of India ₹0.40 M Satisfied
05 Mar 1990 Corporation Bank ₹0.13 M Satisfied

How Many Employees Work at Hegde Precision Products?

Hegde Precision Products has a workforce of 11 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 Hegde Precision Products, 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 Hegde Precision Products'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 Hegde Precision Products

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 35.00 M registered on 16 May 2013 with Charge ID 10426076 was modified on 12 Dec 2023.

    12 Dec 2023

  • Annual General Meeting

    Hegde Precision Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hegde Precision Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Karan Hegde was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Dec 2013 & has been associated with this company since 11 years 2 months .

    16 Dec 2013

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.00 M with Charge ID 10426076 was registered on 16 May 2013.

    16 May 2013

  • Charges

    A charge registered on 19 Mar 2003 via Charge ID 90192676 with State Bank Of India was fully satisfied on 30 Apr 2013.

    30 Apr 2013

Frequently asked questions

  • Hegde Precision Products Private Limited was incorporated on 10 Aug 1988.

  • The authorized share capital of Hegde Precision Products Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Hegde Precision Products Private Limited.

    • Rasik Ranjan Hegde
    • Niveda Hegde
    • Karan Hegde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hegde Precision Products Private Limited is No.163 5Th A CrossKiadb Industrial Area Bommasandra, Bangalore, Karnataka, India, 562158.

  • The corporate identification number (CIN) of Hegde Precision Products Private Limited is U28920KA1988PTC009355 and the company number is 009355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hegde Precision Products Private Limited is https://www.hppindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hegde Precision Products Private Limited has risen by 27.51%.

  • As Per 2023 financial reports, 11 employees are currently employed by Hegde Precision Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hegde Precision Products Private Limited has experienced an upsurge of 32.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hegde Precision Products Private Limited amount to ₹ 3.50 Cr.

  • The most recent Balance Sheet for Hegde Precision Products Private Limited was filed with the ROC on 31 Mar 2023.