Himachal Yarns Limited

Trading knitted cloth, goods, and securities.

1984 | Ludhiana, Punjab (India) | Active
Last Updated:

Himachal Yarns Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 5.41 M
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.70 Cr
  • Revenue Growth -99.25%
  • Profit Growth -77.54%
  • Ebitda 99.98%
  • Net Worth 1.42%
  • Total Assets -1.04%

About Himachal Yarns

Himachal Yarns Limited (HYL) is a Public Limited Indian Non-Government Company incorporated in India on 10 December 1984 and has a history of 40 years and five months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Himachal Steel Udyog Ltd. The Company is engaged in the Financial Services 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 5.50 M and a paid-up capital of Rs 5.41 M.

The company has closed loans amounting to ₹3.70 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sunil Kumar, Anil Walia, and Vivek Kaushal serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17200PB1984PLC006045

  • Company No.

    006045

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Home & Lifestyle
Company report

Himachal Yarns Limited

Explore comprehensive data for Himachal Yarns Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Himachal Yarns?

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Kumar Country flag representing In Director 26-Aug-2020Current
Anil Walia Country flag representing In Director 30-Mar-2017Current
Vivek Kaushal Country flag representing In Director 29-Apr-2013Current

Financial Performance of Himachal Yarns.

Himachal Yarns Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.25% decrease. The company also saw a substantial fall in profitability, with a 77.54% decrease in profit. The company's net worth moved up by a moderate rise of 1.42%.

Himachal Yarns revenue growth over time
Himachal Yarns 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
-99.25%
Revenue from Operations
Total Assets
-1.04%
Profit or Loss
-77.54%
Net Worth
1.42%
EBITDA
99.98%

What is the Ownership and Shareholding Structure of Himachal Yarns?

In 2023, Himachal Yarns had a promoter holding of 8.86% and a public holding of 91.14%. The company had 4 Associate Companies. 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

₹37.00 M

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 3.70 Cr

Latest Charge Details

DateLenderAmountStatus
15 May 2004Punjab & Sind Bank₹3.70 CrSatisfied

How Many Employees Work at Himachal Yarns?

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

Employee growth trends for Himachal Yarns Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Himachal Yarns, 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 Himachal Yarns'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 Himachal Yarns

Recent activity within the organization

  • Annual General Meeting

    Himachal Yarns Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Himachal Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Director Appointment

    Sunil Kumar was appointed as a Director was appointed as a Director on 26 Aug 2020 & has been associated with this company since 4 years 8 months .

  • Charges

    A charge registered on 15 May 2004 via Charge ID 90180793 with Punjab & Sind Bank was fully satisfied on 30 Jan 2020.

  • Director Appointment

    Anil Walia was appointed as a Director was appointed as a Director on 30 Mar 2017 & has been associated with this company since 8 years 1 month .

  • Charges

    A charge with Punjab & Sind Bank of Rs. 37.00 M registered on 15 May 2004 with Charge ID 90180793 was modified on 01 Oct 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Himachal Yarns Limited?

    Himachal Yarns Limited was incorporated on 10 Dec 1984.

  • What is authorized share capital and paid-up capital of Himachal Yarns Limited?

    The authorized share capital of Himachal Yarns Limited is ₹ 5.50 M and paid-up capital is ₹ 5.41 M.

  • Who are the current board members & directors of Himachal Yarns Limited?

    Currently 3 directors are associated with Himachal Yarns Limited.

    • Sunil Kumar
    • Anil Walia
    • Vivek Kaushal

  • What is the registered address of Himachal Yarns Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Himachal Yarns Limited is 398 Industrial Area-A, Ludhiana, Punjab, India, 141003.

  • What is the corporate identification number (CIN) and company number of Himachal Yarns Limited?

    The corporate identification number (CIN) of Himachal Yarns Limited is U17200PB1984PLC006045 and the company number is 006045 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Himachal Yarns Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Himachal Yarns Limited has fallen by -99.25%.

  • What change has been observed in the net worth of Himachal Yarns Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Himachal Yarns Limited has experienced an upsurge of 1.42%.

  • When was the last Balance Sheet of Himachal Yarns Limited filed with the ROC?

    The most recent Balance Sheet for Himachal Yarns Limited was filed with the ROC on 31 Mar 2023.

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