Hicon Engineering Co Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.90 M
- Company Age 38 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.84 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 35.19%
- Profit Growth -56.27%
- Ebitda -51.86%
- Net Worth 8.73%
- Total Assets 10.62%
About Hicon Engineering Co
Hicon Engineering Co Private Ltd (HECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 1986 and has a history of 38 years and 11 months. Its registered office is in Delhi, India.
The Company is engaged in the Engineering 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 2.50 M and a paid-up capital of Rs 1.90 M.
The company currently has active open charges totaling ₹8.84 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Bagrecha, Vinod Bafna, and Ravi Bafna serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1986PTC023620
- Company No.
023620
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1986
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Engineering
What products or services does Hicon Engineering Co Private Ltd offer?
Hicon Engineering Co Private Ltd offers a wide range of products and services, including Insulators & Insulation Materials, PUF Insulated Panels, Doors and Windows, Industrial Doors, Industrial Air Conditioner & Devices, Cold Storage System, Commercial Door, Plant Design & Installation Services, Installation Service, Residential Door.
Hicon Engineering Co Private Ltd
Explore comprehensive data for Hicon Engineering Co Private Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hicon Engineering Co?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Bagrecha  | Director | 09-Nov-2008 | Current |
| Vinod Bafna | Director | 01-Apr-2018 | Current |
| Ravi Bafna | Director | 09-Nov-2008 | Current |
Financial Performance of Hicon Engineering Co.
Hicon Engineering Co Private Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 35.19% increase. The company also saw a substantial fall in profitability, with a 56.27% decrease in profit. The company's net worth moved up by a moderate rise of 8.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hicon Engineering Co?
In 2023, Hicon Engineering Co had a promoter holding of 49.74% and a public holding of 50.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Capital International Private LimitedVinod Bafna and Ravi Bafna are mutual person
Macro Media Propack Private LimitedSuresh Bagrecha is a mutual person
- Mukesh Restyles Private Limited
Suresh Bagrecha is a mutual person
- Hikom International Llp
Vinod Bafna and Ravi Bafna are mutual person
- Dinvin Construction Private Limited
Vinod Bafna is a mutual person
Charges (Loans)
Open Charges
₹88.44 M
Satisfied Charges
₹20.00 M
Charges Breakdown by Lending Institutions
- Others : 6.30 Cr
- Citi Bank N.A. : 2.50 Cr
- Vijaya Bank : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2024 | Others | ₹1.80 Cr | Open |
| 21 Aug 2023 | Others | ₹4.50 Cr | Open |
| 22 Mar 2021 | Citi Bank N.A. | ₹2.50 Cr | Open |
| 25 Mar 2013 | Vijaya Bank | ₹0.44 M | Open |
| 03 Jun 2013 | Axis Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Hicon Engineering Co?
Unlock and access historical data on people associated with Hicon Engineering Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hicon Engineering Co, 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 Hicon Engineering Co's trajectory.
Rating
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
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 Hicon Engineering Co
Recent activity within the organization
- Annual General Meeting
Hicon Engineering Co Private Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hicon Engineering Co Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Others amounted to Rs. 18.00 M with Charge ID 100858186 was registered on 29 Jan 2024.
- Charges
A charge with Others amounted to Rs. 45.00 M with Charge ID 100794734 was registered on 21 Aug 2023.
- Charges
A charge with Citi Bank N.A. of Rs. 25.00 M registered on 22 Mar 2021 with Charge ID 100429311 was modified on 10 Jul 2021.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 25.00 M with Charge ID 100429311 was registered on 22 Mar 2021.
Frequently asked questions
What is the Incorporation or founding date of Hicon Engineering Co Private Ltd?
Hicon Engineering Co Private Ltd was incorporated on 17 Mar 1986.
What is authorized share capital and paid-up capital of Hicon Engineering Co Private Ltd?
The authorized share capital of Hicon Engineering Co Private Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.90 M.
Who are the current board members & directors of Hicon Engineering Co Private Ltd?
Currently 3 directors are associated with Hicon Engineering Co Private Ltd.
- Suresh Kumar Bagrecha
- Vinod Bafna
- Ravi Bafna
What is the registered address of Hicon Engineering Co Private Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Hicon Engineering Co Private Ltd is 4226-A/1 Ansari Road, Darya Ganj India, Delhi, 110002.
What is the corporate identification number (CIN) and company number of Hicon Engineering Co Private Ltd?
The corporate identification number (CIN) of Hicon Engineering Co Private Ltd is U74899DL1986PTC023620 and the company number is 023620 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hicon Engineering Co Private Ltd?
The Official website of Hicon Engineering Co Private Ltd is https://www.hicon.co.in
What has been the recent revenue trend for Hicon Engineering Co Private Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Hicon Engineering Co Private Ltd has risen by 35.19%.
What change has been observed in the net worth of Hicon Engineering Co Private Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hicon Engineering Co Private Ltd has experienced an upsurge of 8.73%.
What are the total open charges for Hicon Engineering Co Private Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Hicon Engineering Co Private Ltd amount to ₹ 8.84 Cr.
When was the last Balance Sheet of Hicon Engineering Co Private Ltd filed with the ROC?
The most recent Balance Sheet for Hicon Engineering Co Private Ltd was filed with the ROC on 31 Mar 2024.
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