Hical Magnetics Private Limited

Manufactures electric equipment and software, incorporated in 2015, based in Bangalore, Karnataka.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Hical Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 36.02%
  • Ebitda 36.02%
  • Net Worth -18.19%
  • Total Assets -26.98%

About Hical Magnetics

Hical Magnetics Private Limited (HMPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 August 2015 (Nine years and five months 15 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shashikiran Mullur and Sujaya Shashikiran serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC082358

  • Company No.

    082358

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2015

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy

Who are the key members and board of directors at Hical Magnetics?

Board Members (2)

Name Designation Appointment Date Status
Shashikiran Mullur Country flag representing In Director 19-Aug-2015 Current
Sujaya Shashikiran Country flag representing In Director 19-Aug-2015 Current

Financial Performance of Hical Magnetics.

Hical Magnetics Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 36.02% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.19%.

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
Revenue from Operations
Total Assets
-26.98%
Profit or Loss
36.02%
Net Worth
-18.19%
EBITDA
36.02%

What is the Ownership and Shareholding Structure of Hical Magnetics?

In 2023, Hical Magnetics 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Hical Magnetics?

Unlock and access historical data on people associated with Hical Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hical Magnetics, 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 Hical Magnetics'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 Hical Magnetics

Recent activity within the organization

  • Annual General Meeting

    Hical Magnetics Private Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

    24 Jul 2024

  • Balance Sheet

    Hical Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Shashikiran Mullur was appointed as a Director was appointed as a Director on 19 Aug 2015 & has been associated with this company since 9 years 5 months .

    19 Aug 2015

  • Director Appointment

    Sujaya Shashikiran was appointed as a Director was appointed as a Director on 19 Aug 2015 & has been associated with this company since 9 years 5 months .

    19 Aug 2015

  • Company Incorporation

    Hical Magnetics Private Limited was registered on 19 Aug 2015 with Roc Bangalore & aged 9 years 5 months as per MCA records.

    19 Aug 2015

Frequently asked questions

  • Hical Magnetics Private Limited was incorporated on 19 Aug 2015.

  • The authorized share capital of Hical Magnetics Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Hical Magnetics Private Limited.

    • Shashikiran Mullur
    • Sujaya Shashikiran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hical Magnetics Private Limited is Sy No. 46 47 (Part) Phase Ii, Electronic City India, Bangalore, Karnataka, 560100.

  • The corporate identification number (CIN) of Hical Magnetics Private Limited is U74900KA2015PTC082358 and the company number is 082358 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hical Magnetics Private Limited is https://www.hical.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hical Magnetics Private Limited has experienced an downturn of -18.19%.

  • The most recent Balance Sheet for Hical Magnetics Private Limited was filed with the ROC on 31 Mar 2024.