Hicon Products India Private Limited

Manufactures machinery and tools, offers installation services, established in 1996 with headquarters in New Delhi.

1996 | New Delhi, Delhi (India) | Active
Last Updated: June 16, 2024

Hicon Products India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.44 M
  • Company Age 29 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.99 Cr
  • Satisfied Charges ₹ 25.31 Cr
  • Revenue Growth -16.75%
  • Profit Growth -23.70%
  • Ebitda 59.54%
  • Net Worth 2.68%
  • Total Assets 14.51%

About Hicon Products India

Hicon Products India Private Limited (HPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 1996 and has a history of 29 years. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 4.44 M.

The company currently has active open charges totaling ₹19.99 Cr. The company has closed loans amounting to ₹25.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Purnima Gupta, Ekta Mahajan, Arun Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hicongroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29192DL1996PTC076297

  • Company No.

    076297

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Hicon Products India Private Limited offer?

Hicon Products India Private Limited offers a wide range of products and services, including Hotel & Commercial Cooking Equipment, Commercial Kitchen Equipments, Forwarding & Custom Clearing, Freight Forwarding Services.

Who are the key members and board of directors at Hicon Products India?

Board Members (4)

NameDesignationAppointment DateStatus
Ekta Mahajan Country flag representing In Director 02-Jul-2020Current
Arun Gupta Country flag representing In Director 17-Mar-1996Current
Purnima Gupta Country flag representing In Director 14-Dec-1996Current
Daksh Gupta Country flag representing In Director 19-Dec-2003Current

Financial Performance of Hicon Products India.

Hicon Products India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.75% decrease. The company also saw a substantial fall in profitability, with a 23.7% decrease in profit. The company's net worth moved up by a moderate rise of 2.68%.

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
-16.75%
Revenue from Operations
-16.01%
Total Assets
14.51%
Profit or Loss
-23.70%
Net Worth
2.68%
EBITDA
59.54%

What is the Ownership and Shareholding Structure of Hicon Products India?

In 2023, Hicon Products India 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

₹199.91 M

Satisfied Charges

₹253.05 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.50 Cr
  • Others : 4.65 Cr
  • Hdfc Bank Limited : 0.84 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2023Others₹2.05 CrOpen
13 Jun 2022Hdfc Bank Limited₹8.40 MOpen
06 May 2021Axis Bank Limited₹8.00 CrOpen
12 Feb 2021Axis Bank Limited₹6.50 CrOpen
29 Dec 2016Others₹2.61 CrOpen

How Many Employees Work at Hicon Products India?

Hicon Products India has a workforce of 17 employees as of Apr 10, 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 Hicon Products 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 Hicon Products 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 Hicon Products India

Recent activity within the organization

  • Annual General Meeting

    Hicon Products India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hicon Products India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 20.46 M with Charge ID 100699853 was registered on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.40 M with Charge ID 100602388 was registered on 13 Jun 2022.

    13 Jun 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 65.00 M registered on 12 Feb 2021 with Charge ID 100427605 was modified on 13 Oct 2021.

    13 Oct 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 80.00 M with Charge ID 100443663 was registered on 06 May 2021.

    06 May 2021

Frequently asked questions

  • Hicon Products India Private Limited was incorporated on 14 Feb 1996.

  • The authorized share capital of Hicon Products India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.44 M.

  • Currently 4 directors are associated with Hicon Products India Private Limited.

    • Purnima Gupta
    • Ekta Mahajan
    • Arun Kumar Gupta
    • Daksh Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hicon Products India Private Limited is R-39 Vikas Marg, Shakar Pur, New Delhi, India, 110092.

  • The corporate identification number (CIN) of Hicon Products India Private Limited is U29192DL1996PTC076297 and the company number is 076297 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hicon Products India Private Limited is https://www.hicongroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hicon Products India Private Limited has fallen by -16.75%.

  • As Per 2023 financial reports, 17 employees are currently employed by Hicon Products India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hicon Products India Private Limited has experienced an upsurge of 2.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hicon Products India Private Limited amount to ₹ 19.99 Cr.

  • The most recent Balance Sheet for Hicon Products India Private Limited was filed with the ROC on 31 Mar 2023.