Hi-Mac Castings Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 13.50 Cr
- Company Age 18 Year, 2 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 two 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
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27109GJ2006PTC049342
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Company No.
049342
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Nov 2006
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amitkumar Bhalodi
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Director | 15-Jun-2018 | Current |
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Krushnakant Mendpara
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Director | 15-Jun-2018 | Current |
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%.
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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.
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Amitkumar Bhalodi is a mutual person
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Amitkumar Bhalodi is a mutual person
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Shantol Recycling Private Limited
Amitkumar Bhalodi is a mutual person
Charges (Loans)
₹22.92 Cr
₹35.87 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 22.92 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2020 | State Bank Of India | ₹22.92 Cr | Open |
| 31 Mar 2017 | Others | ₹1.90 Cr | Satisfied |
| 28 Aug 2014 | The Co-Operative Bank Of Rajkot Ltd. | ₹15.00 Cr | Satisfied |
| 30 Jun 2014 | Electronica Finance Limited | ₹8.51 M | Satisfied |
| 14 Dec 2007 | State Bank Of India | ₹18.12 Cr | Satisfied |
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.
Deals i
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
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.
