Hi-Mac Castings Private Limited

Produces ductile and grey iron castings for various industries.

2006 | Rajkot, Gujarat (India) | Active
Last Updated:

Hi-Mac Castings Profile

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 13.50 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.92 Cr
  • Satisfied Charges ₹ 35.87 Cr
  • Revenue Growth 19.91%
  • Profit Growth 504.43%
  • Ebitda 66.75%
  • Net Worth 26.43%
  • Total Assets -3.63%

About Hi-Mac Castings

Hi-Mac Castings Private Limited (HCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 2006 and has a history of 18 years and three months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Hi-Mac Steel Castings Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 13.50 Cr.

The company currently has active open charges totaling ₹22.92 Cr. The company has closed loans amounting to ₹35.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amitkumar Bhalodi and Krushnakant Mendpara serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    himaccastings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2006PTC049342

  • Company No.

    049342

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2006

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Hi-Mac Castings Private Limited offer?

Hi-Mac Castings Private Limited offers a wide range of products and services, including Die Casting & Investment Castings, Metal Castings, Air Compressors, Accessories & Parts, Compressor Spare Parts & Consumables, Pump Casting, Industrial Casting.

Who are the key members and board of directors at Hi-Mac Castings?

Board Members (2)

NameDesignationAppointment DateStatus
Amitkumar Bhalodi Country flag representing In Director 15-Jun-2018Current
Krushnakant Mendpara Country flag representing In Director 15-Jun-2018Current

Financial Performance of Hi-Mac Castings.

Hi-Mac Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.91% increase. The company also saw a substantial improvement in profitability, with a 504.43% increase in profit. The company's net worth Soared by an impressive increase of 26.43%.

Hi-Mac Castings revenue growth over time
Hi-Mac Castings 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
19.91%
Revenue from Operations
19.82%
Total Assets
-3.63%
Profit or Loss
504.43%
Net Worth
26.43%
EBITDA
66.75%

What is the Ownership and Shareholding Structure of Hi-Mac Castings?

In 2023, Hi-Mac Castings 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

₹22.92 Cr

Satisfied Charges

₹35.87 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.92 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2020State Bank Of India₹22.92 CrOpen
31 Mar 2017Others₹1.90 CrSatisfied
28 Aug 2014The Co-Operative Bank Of Rajkot Ltd.₹15.00 CrSatisfied
30 Jun 2014Electronica Finance Limited₹8.51 MSatisfied
14 Dec 2007State Bank Of India₹18.12 CrSatisfied

How Many Employees Work at Hi-Mac Castings?

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

Employee growth trends for Hi-Mac Castings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Mac Castings, 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-Mac Castings'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-Mac Castings

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 22.92 Cr registered on 17 Mar 2020 with Charge ID 100337170 was modified on 03 Nov 2023.

  • Annual General Meeting

    Hi-Mac Castings Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Hi-Mac Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 30 Jun 2014 via Charge ID 10534475 with Electronica Finance Limited was fully satisfied on 30 Jul 2020.

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100089958 with Others was fully satisfied on 19 May 2020.

  • Charges

    A charge with State Bank Of India amounted to Rs. 22.92 Cr with Charge ID 100337170 was registered on 17 Mar 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Hi-Mac Castings Private Limited?

    Hi-Mac Castings Private Limited was incorporated on 10 Nov 2006.

  • What is authorized share capital and paid-up capital of Hi-Mac Castings Private Limited?

    The authorized share capital of Hi-Mac Castings Private Limited is ₹ 13.50 Cr and paid-up capital is ₹ 13.50 Cr.

  • Who are the current board members & directors of Hi-Mac Castings Private Limited?

    Currently 2 directors are associated with Hi-Mac Castings Private Limited.

    • Amitkumar Hasmukhrai Bhalodi
    • Krushnakant Chhaganbhai Mendpara

  • What is the registered address of Hi-Mac Castings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Mac Castings Private Limited is Plot No.2721/A Gate No.1 Nr.Geb Sub-Station Lodhika Gidc, P.O.- Metoda India, Rajkot, Gujarat, 360021.

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

    The corporate identification number (CIN) of Hi-Mac Castings Private Limited is U27109GJ2006PTC049342 and the company number is 049342 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hi-Mac Castings Private Limited?

    The Official website of Hi-Mac Castings Private Limited is https://www.himaccastings.com

  • What has been the recent revenue trend for Hi-Mac Castings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hi-Mac Castings Private Limited has risen by 19.91%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Hi-Mac Castings Private Limited has experienced an upsurge of 26.43%.

  • What are the total open charges for Hi-Mac Castings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hi-Mac Castings Private Limited amount to ₹ 22.92 Cr.

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

    The most recent Balance Sheet for Hi-Mac Castings Private Limited was filed with the ROC on 31 Mar 2023.

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