Hi Life Iron Metals India Private Limited

Manufactures basic iron and steel, incorporated in 2014, based in Kerala.

2014 | Palakkad, Kerala (India) | Active
Last Updated:

Hi Life Iron Metals India Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.95 Cr
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 1.20 M
  • Satisfied Charges ₹ 42.10 Cr
  • Revenue Growth 50.81%
  • Profit Growth 150.09%
  • Ebitda 298.64%
  • Net Worth 214.22%
  • Total Assets 102.29%

About Hi Life Iron Metals India

Hi Life Iron Metals India Private Limited (HLIMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2014 and has a history of Ten years and six months. Its registered office is in Palakkad, Kerala, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.95 Cr.

The company currently has active open charges totaling ₹1.20 M. The company has closed loans amounting to ₹42.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hi Life Iron Metals India Private Limited India is Prabhu as CEO. Mairmuthu Paramasivam and Sulochana Paramasivam serve as directors at the Company.

Company Details

  • Location

    Palakkad, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hilifetmt.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100KL2014PTC037058

  • Company No.

    037058

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2014

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Hi Life Iron Metals India?

Executive Team (2)

NameDesignationAppointment DateStatus
Mairmuthu Paramasivam Country flag representing In Managing Director29-Jul-2022Current
Prabhu CEO26-Nov-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Sulochana Paramasivam Country flag representing In Director 02-May-2019Current

Financial Performance of Hi Life Iron Metals India.

Hi Life Iron Metals India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 50.81% increase. The company also saw a substantial improvement in profitability, with a 150.09% increase in profit. The company's net worth Soared by an impressive increase of 214.22%.

Hi Life Iron Metals India revenue growth over time
Hi Life Iron Metals India 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
50.81%
Revenue from Operations
50.82%
Total Assets
102.29%
Profit or Loss
150.09%
Net Worth
214.22%
EBITDA
298.64%

What is the Ownership and Shareholding Structure of Hi Life Iron Metals India?

In 2022, Hi Life Iron Metals India had a promoter holding of 65.00% and a public holding of 35.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.12 Cr

Satisfied Charges

₹42.10 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2015State Bank Of Travancore₹1.20 MOpen
23 Sep 2022Others₹15.00 CrSatisfied
27 Dec 2019Axis Bank Limited₹16.40 CrSatisfied
25 Feb 2019Others₹9.50 CrSatisfied
16 Dec 2017Hdfc Bank Limited₹1.20 CrSatisfied

How Many Employees Work at Hi Life Iron Metals India?

Hi Life Iron Metals India has a workforce of 68 employees as of Apr 04, 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.

Employee growth trends for Hi Life Iron Metals India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi Life Iron Metals India, 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 Hi Life Iron Metals India'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 Hi Life Iron Metals India

Recent activity within the organization

  • Charges

    A charge registered on 23 Sep 2022 via Charge ID 100662844 with Others was fully satisfied on 13 Jul 2023.

  • Charges

    A charge registered on 27 Dec 2019 via Charge ID 100318618 with Axis Bank Limited was fully satisfied on 15 Nov 2022.

  • Annual General Meeting

    Hi Life Iron Metals India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100662844 was registered on 23 Sep 2022.

  • Director Appointment

    Mairmuthu Paramasivam was appointed as a Managing Director was appointed as a Managing Director on 29 Jul 2022 & has been associated with this company since 2 years 7 months .

  • Balance Sheet

    Hi Life Iron Metals India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.

Frequently asked questions

  • What is the Incorporation or founding date of Hi Life Iron Metals India Private Limited?

    Hi Life Iron Metals India Private Limited was incorporated on 11 Aug 2014.

  • What is authorized share capital and paid-up capital of Hi Life Iron Metals India Private Limited?

    The authorized share capital of Hi Life Iron Metals India Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.95 Cr.

  • Who are the current board members & directors of Hi Life Iron Metals India Private Limited?

    Currently 3 directors are associated with Hi Life Iron Metals India Private Limited.

    • Mairmuthu Paramasivam
    • Sulochana Paramasivam
    • Prabhu

  • What is the registered address of Hi Life Iron Metals India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi Life Iron Metals India Private Limited is Door No.17/1175 (Old No. 10/687 (1)) Sreedevi Residency Mettupalayam Street, India, Palakkad, Kerala, 678001.

  • What is the corporate identification number (CIN) and company number of Hi Life Iron Metals India Private Limited?

    The corporate identification number (CIN) of Hi Life Iron Metals India Private Limited is U27100KL2014PTC037058 and the company number is 037058 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hi Life Iron Metals India Private Limited?

    The Official website of Hi Life Iron Metals India Private Limited is https://www.hilifetmt.com

  • What has been the recent revenue trend for Hi Life Iron Metals India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Hi Life Iron Metals India Private Limited has risen by 50.81%.

  • How many employees does Hi Life Iron Metals India Private Limited currently have?

    As Per 2022 financial reports, 68 employees are currently employed by Hi Life Iron Metals India Private Limited.

  • What change has been observed in the net worth of Hi Life Iron Metals India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hi Life Iron Metals India Private Limited has experienced an upsurge of 214.22%.

  • What are the total open charges for Hi Life Iron Metals India Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Hi Life Iron Metals India Private Limited amount to ₹ 1.20 M.

  • When was the last Balance Sheet of Hi Life Iron Metals India Private Limited filed with the ROC?

    The most recent Balance Sheet for Hi Life Iron Metals India Private Limited was filed with the ROC on 31 Mar 2022.

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