Hightorque Systems Private Limited

Manufacturer of hydraulic products for various industries, including jacks, cylinders, pumps, and valves.

1991 | Bangalore, Karnataka (India) | Active
Last Updated: December 28, 2024

Hightorque Systems Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.75 M
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.82 Cr
  • Revenue Growth 21.14%
  • Profit Growth 14.38%
  • Ebitda 23.92%
  • Net Worth -81.55%
  • Total Assets -7.47%

About Hightorque Systems

Hightorque Systems Private Limited (HSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 1991 and has a history of 33 years and three months. Its registered office is in Bangalore, Karnataka.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 4.75 M.

The company has closed loans amounting to ₹1.82 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Malliah Ramlingam and Raja Malliah serve as directors at the Company.

Company Details

  • Location
    Bangalore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29246KA1991PTC012444

  • Company No.

    012444

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Hightorque Systems Private Limited offer?

Hightorque Systems Private Limited offers a wide range of products and services, including Electric Pump, Motor Pumps, Hydraulic & Pneumatic Cylinders, Hydraulic Cylinders, Hydraulic Jacks, Hydraulic Pressure Jack, Single Acting Cylinder, Hand Pumps, Hydraulic Hand Pump, Multistage Cylinder.

Who are the key members and board of directors at Hightorque Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Malliah Ramlingam Country flag representing In Whole-Time Director 24-Oct-1991Current
Raja Malliah Country flag representing In Additional Director 05-Aug-2024Current

Financial Performance of Hightorque Systems.

Hightorque Systems Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 21.14% increase. The company also saw a substantial improvement in profitability, with a 14.38% increase in profit. The company's net worth observed a substantial decline by a decrease of 81.55%.

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
21.14%
Revenue from Operations
21.34%
Total Assets
-7.47%
Profit or Loss
14.38%
Net Worth
-81.55%
EBITDA
23.92%

What is the Ownership and Shareholding Structure of Hightorque Systems?

In 2023, Hightorque Systems 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

₹0

Satisfied Charges

₹18.22 M

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 1.73 Cr
  • Karnataka State Financial Corporation : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
30 Aug 1996Central Bank Of India₹1.73 CrSatisfied
15 Jul 1994Karnataka State Financial Corporation₹0.94 MSatisfied

How Many Employees Work at Hightorque Systems?

Unlock and access historical data on people associated with Hightorque Systems, 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 Hightorque Systems, 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 Hightorque Systems'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 Hightorque Systems

Recent activity within the organization

  • Annual General Meeting

    Hightorque Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Raja Malliah was appointed as a Additional Director was appointed as a Additional Director on 05 Aug 2024 & has been associated with this company since 5 months 26 days .

    05 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 30 Aug 1996 via Charge ID 90191708 with Central Bank Of India was fully satisfied on 19 Mar 2022.

    19 Mar 2022

  • Charges

    A charge with Central Bank Of India of Rs. 17.28 M registered on 30 Aug 1996 with Charge ID 90191708 was modified on 07 Oct 2015.

    07 Oct 2015

  • Charges

    A charge registered on 15 Jul 1994 via Charge ID 90191273 with Karnataka State Financial Corporation was fully satisfied on 02 Jul 2002.

    02 Jul 2002

Frequently asked questions

  • Hightorque Systems Private Limited was incorporated on 24 Oct 1991.

  • The authorized share capital of Hightorque Systems Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.75 M.

  • Currently 2 directors are associated with Hightorque Systems Private Limited.

    • Malliah Ramlingam
    • Raja Malliah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hightorque Systems Private Limited is C-38 Kssidc Ind Estatebommasandra Hosur Road, India, Bangalore, Karnataka, 562158.

  • The corporate identification number (CIN) of Hightorque Systems Private Limited is U29246KA1991PTC012444 and the company number is 012444 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hightorque Systems Private Limited is https://www.hightorquesystems.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Hightorque Systems Private Limited has risen by 21.14%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Hightorque Systems Private Limited has experienced an downturn of -81.55%.

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

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