Hi-Bond Bearings Pvt Ltd

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

1990 | Rajkot, Gujarat (India) | Active
Last Updated: June 23, 2024

Hi-Bond Bearings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 34 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 34 years and 11 months. 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 2023. 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.

Parin Patel, Amit Patel, Vishal Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hibond.com

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 (4)

Name Designation Appointment Date Status
Vishal Patel Country flag representing In Director 02-Apr-2015 Current
Narendra Patel Country flag representing In Director 02-Apr-2015 Current
Parin Patel Country flag representing In Director 02-Apr-2015 Current
Amit Patel Country flag representing In Director 21-Oct-2013 Current

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%.

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
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

Date Lender Amount Status
29 Mar 2023 Hdfc Bank Limited ₹3.90 M Open
14 Sep 2022 Hdfc Bank Limited ₹4.10 M Open
09 Feb 2022 Hdfc Bank Limited ₹3.00 M Open
26 Dec 2012 Corporation Bank ₹2.08 Cr Satisfied
19 Jun 2004 Central Bank Of India ₹7.30 M Satisfied

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.

Graph showing employee growth trends

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 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hi-Bond Bearings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

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

    29 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.10 M with Charge ID 100652341 was registered on 14 Sep 2022.

    14 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 M with Charge ID 100542238 was registered on 09 Feb 2022.

    09 Feb 2022

  • Charges

    A charge registered on 26 Dec 2012 via Charge ID 10397213 with Corporation Bank was fully satisfied on 06 Dec 2017.

    06 Dec 2017

Frequently asked questions

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

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

  • Currently 4 directors are associated with Hi-Bond Bearings Pvt Ltd.

    • Parin Dipak Patel
    • Amit Dipak Patel
    • Vishal Dhirajlal Patel
    • Narendra Vastabhai Patel
  • 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, Rajkot, Gujarat, India, 360003.

  • 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).

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

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

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

  • 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%.

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

  • The most recent Balance Sheet for Hi-Bond Bearings Pvt Ltd was filed with the ROC on 31 Mar 2023.

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