Himachal Yarns Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 5.41 M
- Company Age 40 Year, 2 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 two 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
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17200PB1984PLC006045
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Company No.
006045
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
10 Dec 1984
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Date of AGM
30 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 Chandigarh
Industry
Who are the key members and board of directors at Himachal Yarns?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Kumar
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Director | 26-Aug-2020 | Current |
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Anil Walia
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Director | 30-Mar-2017 | Current |
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Vivek Kaushal
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Director | 29-Apr-2013 | Current |
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%.
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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.
Charges (Loans)
₹0
₹37.00 M
Charges Breakdown by Lending Institutions
- Punjab & Sind Bank : 3.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2004 | Punjab & Sind Bank | ₹3.70 Cr | Satisfied |
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.
Deals i
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
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.
