Hi-Bond Bearings Pvt Ltd

Manufacturer and supplier of various types of bearings for multiple industries.

1990 | Rajkot, Gujarat (India) | Active
Last Updated:

Hi-Bond Bearings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 35 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 Cr
  • Satisfied Charges ₹ 2.81 Cr
  • Revenue Growth 91.64%
  • Profit Growth 71.17%
  • Ebitda 72.11%
  • Net Worth 54.32%
  • Total Assets 29.89%

About Hi-Bond Bearings

Hi-Bond Bearings Pvt Ltd (HBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 February 1990 and has a history of 35 years and one month. Its registered office is in Rajkot, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.10 Cr. The company has closed loans amounting to ₹2.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Patel, Vishal Patel, Amit Patel, and Four other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ1990PTC013403

  • Company No.

    013403

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Hi-Bond Bearings Pvt Ltd offer?

Hi-Bond Bearings Pvt Ltd offers a wide range of products and services, including Pedestal Bearing, Flanged Bearings.

Who are the key members and board of directors at Hi-Bond Bearings?

Board Members (7)

NameDesignationAppointment DateStatus
Vishal Patel Country flag representing In Director 02-Apr-2015Current
Narendra Patel Country flag representing In Director 02-Apr-2015Current
Amit Patel Country flag representing In Director 21-Oct-2013Current
Rupal Patel Country flag representing In Director 11-May-2024Current
Khushbu Patel Country flag representing In Director 11-May-2024Current
Bhavita Patel Country flag representing In Director 11-May-2024Current

Financial Performance of Hi-Bond Bearings.

Hi-Bond Bearings Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 91.64% increase. The company also saw a substantial improvement in profitability, with a 71.17% increase in profit. The company's net worth Soared by an impressive increase of 54.32%.

Hi-Bond Bearings revenue growth over time
Hi-Bond Bearings 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
91.64%
Revenue from Operations
94.35%
Total Assets
29.89%
Profit or Loss
71.17%
Net Worth
54.32%
EBITDA
72.11%

What is the Ownership and Shareholding Structure of Hi-Bond Bearings?

In 2022, Hi-Bond Bearings 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

₹11.00 M

Satisfied Charges

₹28.14 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2023Hdfc Bank Limited₹3.90 MOpen
14 Sep 2022Hdfc Bank Limited₹4.10 MOpen
09 Feb 2022Hdfc Bank Limited₹3.00 MOpen
26 Dec 2012Corporation Bank₹2.08 CrSatisfied
19 Jun 2004Central Bank Of India₹7.30 MSatisfied

How Many Employees Work at Hi-Bond Bearings?

Hi-Bond Bearings has a workforce of 65 employees as of Apr 07, 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-Bond Bearings Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Bond Bearings, 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-Bond Bearings'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-Bond Bearings

Recent activity within the organization

  • Annual General Meeting

    Hi-Bond Bearings Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Rupal Vishal Patel was appointed as a Director was appointed as a Director on 11 May 2024 & has been associated with this company since 10 months 16 days .

  • Director Appointment

    Khushbu Parin Patel was appointed as a Director was appointed as a Director on 11 May 2024 & has been associated with this company since 10 months 16 days .

  • Director Appointment

    Bhavita Amit Patel was appointed as a Director was appointed as a Director on 11 May 2024 & has been associated with this company since 10 months 16 days .

  • Balance Sheet

    Hi-Bond Bearings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.90 M with Charge ID 100727854 was registered on 29 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Hi-Bond Bearings Pvt Ltd?

    Hi-Bond Bearings Pvt Ltd was incorporated on 22 Feb 1990.

  • What is authorized share capital and paid-up capital of Hi-Bond Bearings Pvt Ltd?

    The authorized share capital of Hi-Bond Bearings Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Hi-Bond Bearings Pvt Ltd?

    Currently 7 directors are associated with Hi-Bond Bearings Pvt Ltd.

    • Narendra Vastabhai Patel
    • Vishal Dhirajlal Patel
    • Amit Dipak Patel
    • Rupal Vishal Patel
    • Khushbu Parin Patel
    • Bhavita Amit Patel
    • Parin Dipak Patel

  • What is the registered address of Hi-Bond Bearings Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Bond Bearings Pvt Ltd is 246 Aji Industrial Estatephase-Ii G I D C India, Rajkot, Gujarat, 360003.

  • What is the corporate identification number (CIN) and company number of Hi-Bond Bearings Pvt Ltd?

    The corporate identification number (CIN) of Hi-Bond Bearings Pvt Ltd is U29130GJ1990PTC013403 and the company number is 013403 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hi-Bond Bearings Pvt Ltd?

    The Official website of Hi-Bond Bearings Pvt Ltd is https://www.hibond.com

  • What has been the recent revenue trend for Hi-Bond Bearings Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hi-Bond Bearings Pvt Ltd has risen by 91.64%.

  • How many employees does Hi-Bond Bearings Pvt Ltd currently have?

    As Per 2023 financial reports, 65 employees are currently employed by Hi-Bond Bearings Pvt Ltd.

  • What change has been observed in the net worth of Hi-Bond Bearings Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hi-Bond Bearings Pvt Ltd has experienced an upsurge of 54.32%.

  • What are the total open charges for Hi-Bond Bearings Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Hi-Bond Bearings Pvt Ltd amount to ₹ 1.10 Cr.

  • When was the last Balance Sheet of Hi-Bond Bearings Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Hi-Bond Bearings Pvt Ltd was filed with the ROC on 31 Mar 2024.

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