Hi-Fit Elastomers Private Limited

Manufactures and trades precision molded rubber products since 2007.

2007 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Hi-Fit Elastomers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.70 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.66 Cr
  • Satisfied Charges ₹ 5.95 Cr
  • Revenue Growth 6.82%
  • Profit Growth 112.51%
  • Ebitda 55.07%
  • Net Worth 25.03%
  • Total Assets 32.10%

About Hi-Fit Elastomers

Hi-Fit Elastomers Private Limited (HEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 May 2007 and has a history of 17 years and 11 months. Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 4.70 M.

The company currently has active open charges totaling ₹27.66 Cr. The company has closed loans amounting to ₹5.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Natarajan Kamatchisundaram, Natarajan Mani, and Somasundarm Abirami serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25190TN2007PTC063606

  • Company No.

    063606

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 May 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Hi-Fit Elastomers Private Limited offer?

Hi-Fit Elastomers Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Rubber Rings, Rubber O Ring, O-rings, Rubber Gaskets and Gasket Material, Rubber Gaskets.

Company report

Hi-Fit Elastomers Private Limited

Explore comprehensive data for Hi-Fit Elastomers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hi-Fit Elastomers?

Executive Team (1)

NameDesignationAppointment DateStatus
Natarajan Kamatchisundaram Country flag representing In Managing Director22-May-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Natarajan Mani Country flag representing In Director Current
Somasundarm Abirami Country flag representing In Director 22-May-2007Current

Financial Performance of Hi-Fit Elastomers.

Hi-Fit Elastomers Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.82% increase. The company also saw a substantial improvement in profitability, with a 112.51% increase in profit. The company's net worth Soared by an impressive increase of 25.03%.

Hi-Fit Elastomers revenue growth over time
Hi-Fit Elastomers 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
6.82%
Revenue from Operations
6.95%
Total Assets
32.10%
Profit or Loss
112.51%
Net Worth
25.03%
EBITDA
55.07%

What is the Ownership and Shareholding Structure of Hi-Fit Elastomers?

In 2023, Hi-Fit Elastomers 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

₹276.64 M

Satisfied Charges

₹59.48 M

Charges Breakdown by Lending Institutions

  • Others : 16.96 Cr
  • Axis Bank Limited : 6.50 Cr
  • Tamilnadu Industrial Investment Corporation Limited : 1.50 Cr
  • Union Bank Of India : 0.95 Cr
  • The Tamilnadu Industrial Investment Corporation Ltd : 0.71 Cr
  • Others : 1.04 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2024Others₹1.40 CrOpen
07 Jun 2024Others₹1.40 CrOpen
30 Mar 2024Axis Bank Limited₹6.50 CrOpen
10 Mar 2023Others₹8.50 MOpen
10 Oct 2022Others₹2.71 MOpen

How Many Employees Work at Hi-Fit Elastomers?

Hi-Fit Elastomers has a workforce of 63 employees as of Mar 27, 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-Fit Elastomers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Fit Elastomers, 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-Fit Elastomers'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-Fit Elastomers

Recent activity within the organization

  • Annual General Meeting

    Hi-Fit Elastomers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 14.00 M with Charge ID 100965419 was registered on 26 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 14.00 M with Charge ID 100933947 was registered on 07 Jun 2024.

  • Charges

    A charge registered on 08 Dec 2023 via Charge ID 100833026 with Others was fully satisfied on 27 May 2024.

  • Balance Sheet

    Hi-Fit Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 65.00 M with Charge ID 100931411 was registered on 30 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Hi-Fit Elastomers Private Limited?

    Hi-Fit Elastomers Private Limited was incorporated on 22 May 2007.

  • What is authorized share capital and paid-up capital of Hi-Fit Elastomers Private Limited?

    The authorized share capital of Hi-Fit Elastomers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.70 M.

  • Who are the current board members & directors of Hi-Fit Elastomers Private Limited?

    Currently 3 directors are associated with Hi-Fit Elastomers Private Limited.

    • Natarajan Kamatchisundaram
    • Natarajan Veera Mani
    • Somasundarm Abirami

  • What is the registered address of Hi-Fit Elastomers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Fit Elastomers Private Limited is 3/371, Susee Colony Sikkandar Chavadi India, Madurai, Tamil Nadu, 625018.

  • What is the corporate identification number (CIN) and company number of Hi-Fit Elastomers Private Limited?

    The corporate identification number (CIN) of Hi-Fit Elastomers Private Limited is U25190TN2007PTC063606 and the company number is 063606 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Hi-Fit Elastomers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hi-Fit Elastomers Private Limited has risen by 6.82%.

  • How many employees does Hi-Fit Elastomers Private Limited currently have?

    As Per 2023 financial reports, 63 employees are currently employed by Hi-Fit Elastomers Private Limited.

  • What change has been observed in the net worth of Hi-Fit Elastomers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hi-Fit Elastomers Private Limited has experienced an upsurge of 25.03%.

  • What are the total open charges for Hi-Fit Elastomers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hi-Fit Elastomers Private Limited amount to ₹ 27.66 Cr.

  • When was the last Balance Sheet of Hi-Fit Elastomers Private Limited filed with the ROC?

    The most recent Balance Sheet for Hi-Fit Elastomers Private Limited was filed with the ROC on 31 Mar 2024.

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