Hincon Finance Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 8.00 M
- Company Age 32 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10,115.08 Cr
- Satisfied Charges ₹ 3,766.67 Cr
- Revenue Growth 6.94%
- Profit Growth -27.47%
- Ebitda 13.38%
- Net Worth 1.66%
- Total Assets -0.02%
About Hincon Finance
Hincon Finance Ltd. (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 May 1992 and has a history of 32 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Hindustan Finvest Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 8.00 M.
The company currently has active open charges totaling ₹10,115.08 Cr. The company has closed loans amounting to ₹3,766.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Girish Gangal, Shalaka Dhawan, and Ajit Gulabchand serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120MH1992PLC066854
- Company No.
066854
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 May 1992
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Hincon Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Girish Gangal  | Director | 03-Apr-2019 | Current |
| Shalaka Dhawan | Director | 27-Apr-2005 | Current |
| Ajit Gulabchand | Director | 20-May-1992 | Current |
Financial Performance of Hincon Finance.
Hincon Finance Ltd., for the financial year ended 2022, experienced modest growth in revenue, with a 6.94% increase. The company also saw a substantial fall in profitability, with a 27.47% decrease in profit. The company's net worth moved up by a moderate rise of 1.66%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Hincon Finance?
In 2022, Hincon Finance had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hincon Holdings LimitedShalaka Dhawan and Ajit Gulabchand are mutual person
Champali Garden Private LimitedShalaka Dhawan and Ajit Gulabchand are mutual person
Hindustan Construction Company LimitedAjit Gulabchand is a mutual person
Gulabchand FoundationGirish Gangal, Shalaka Dhawan and 1 more are mutual person
- Seamarine Investments Private Limited
Shalaka Dhawan and Ajit Gulabchand are mutual person
- Shalaka Investment Private Limited
Shalaka Dhawan and Ajit Gulabchand are mutual person
Charges (Loans)
₹10,115.08 Cr
₹3,766.67 Cr
Charges Breakdown by Lending Institutions
- Others : 10115.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2017 | Others | ₹1,424.60 Cr | Open |
| 10 Feb 2017 | Others | ₹8,690.48 Cr | Open |
| 10 Feb 2017 | Others | ₹149.00 Cr | Satisfied |
| 10 Feb 2017 | Others | ₹3,616.00 Cr | Satisfied |
| 29 Mar 2004 | Global Trust Bank Limited | ₹1.67 Cr | Satisfied |
How Many Employees Work at Hincon Finance?
Unlock and access historical data on people associated with Hincon Finance, 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 Hincon Finance, 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 Hincon Finance'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
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