Hindustan Platinum Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 42.57 Cr
- Company Age 63 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,116.12 Cr
- Satisfied Charges ₹ 1,038.56 Cr
- Revenue Growth 28.15%
- Profit Growth 45.52%
- Ebitda 54.36%
- Net Worth 18.62%
- Total Assets 51.89%
About Hindustan Platinum
Hindustan Platinum Private Limited (HPPL) was founded in India on 04 October 1961 and has a glorious history of 63 years and five months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Ravindra Heraeus Limited. The Company is engaged in the Metals And Minerals 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 50.00 Cr and a paid-up capital of Rs 42.57 Cr.
The company currently has active open charges totaling ₹2,116.12 Cr. The company has closed loans amounting to ₹1,038.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hindustan Platinum Private Limited India are Amit Jain as CFO and Vikas Shaw as Company Secretary. Vikram Choksi, Gautam Choksi, Vishwas Choksi, and One other member serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH1961PTC012143
- Company No.
012143
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Oct 1961
- Date of AGM
29 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
What products or services does Hindustan Platinum Private Limited offer?
Hindustan Platinum Private Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Catalysts, Brazing Alloys, Thermocouple Cables, Thermocouple Wire, Sewing Accessories, Thimbles, Sputtering Target, Precious Metals, Thermometers & Flowmeters.
Who are the key members and board of directors at Hindustan Platinum?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Jain | CFO | 18-Sep-2023 | Current |
| Vikas Shaw | Company Secretary | 12-Aug-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishwas Choksi  | Director | 01-Jan-2017 | Current |
| Vikram Choksi | Whole-Time Director | 17-Jul-1980 | Current |
| Gautam Choksi | Whole-Time Director | 01-Nov-2016 | Current |
| Gaurav Choksi | Whole-Time Director | 01-Apr-2020 | Current |
Financial Performance of Hindustan Platinum.
Hindustan Platinum Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.15% increase. The company also saw a substantial improvement in profitability, with a 45.52% increase in profit. The company's net worth Soared by an impressive increase of 18.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hindustan Platinum?
In 2023, Hindustan Platinum had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Umbrella Corporation Private LimitedVikram Choksi is a mutual person
Life Records Infotech Private LimitedVishwas Choksi is a mutual person
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Brenntag Ingredients (India) Private LimitedVikas Shaw is a mutual person
Ebullion Private LimitedVikram Choksi, Gautam Choksi and 2 more are mutual person
Sfa Sporting Services Private LimitedVishwas Choksi is a mutual person
Hindustan Platinum Wind Energy LlpVikram Choksi, Gautam Choksi and 2 more are mutual person
Charges (Loans)
Open Charges
₹2,116.12 Cr
Satisfied Charges
₹1,038.56 Cr
Charges Breakdown by Lending Institutions
- Others : 2044.71 Cr
- Hdfc Bank Limited : 36.41 Cr
- Standard Chartered Bank : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Hdfc Bank Limited | ₹36.41 Cr | Open |
| 18 Jul 2022 | Others | ₹13.71 Cr | Open |
| 06 Jul 2020 | Standard Chartered Bank | ₹35.00 Cr | Open |
| 07 Dec 2009 | Others | ₹2,031.00 Cr | Open |
| 31 Dec 2013 | Citibank N. A. | ₹18.75 Cr | Satisfied |
How Many Employees Work at Hindustan Platinum?
Hindustan Platinum has a workforce of 714 employees as of Dec 13, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hindustan Platinum, 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 Hindustan Platinum'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.
Latest Updates, News, and FAQs on Hindustan Platinum
Recent activity within the organization
- Director Appointment
Vikas Shaw was appointed as a Company Secretary was appointed as a Company Secretary on 12 Aug 2024 & has been associated with this company since 7 months 18 days .
- Charges
A charge with Others of Rs. 2,031.00 Cr registered on 07 Dec 2009 with Charge ID 10188774 was modified on 29 Apr 2024.
- Annual General Meeting
Hindustan Platinum Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.
- Director Appointment
Amit Premchand Jain was appointed as a Cfo was appointed as a Cfo on 18 Sep 2023 & has been associated with this company since 1 year 6 months .
- Balance Sheet
Hindustan Platinum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.41 Cr with Charge ID 100705441 was registered on 29 Mar 2023.
Recent News, Updates & Announcement
- "Hindustan Platinum Acquires ABB's Puerto Rico Plant, Expanding Reach in North and Latin America".
Hindustan Platinum is buying ABB's electrical contacts plant in Puerto Rico. This will be their second plant in North and Latin America. The company says it will help them expand and reach more customers. No financial details were given. ABB didn't comment. Hindustan Platinum was founded in 1961 and has customers in 50 countries. ABB was established in 1988 and operates in over 100 countries. They will sell their power grids division to Hitachi for $11 billion..
Frequently asked questions
What is the Incorporation or founding date of Hindustan Platinum Private Limited?
Hindustan Platinum Private Limited was incorporated on 04 Oct 1961.
What is authorized share capital and paid-up capital of Hindustan Platinum Private Limited?
The authorized share capital of Hindustan Platinum Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 42.57 Cr.
Who are the current board members & directors of Hindustan Platinum Private Limited?
Currently 6 directors are associated with Hindustan Platinum Private Limited.
- Vikram Sajanlal Choksi
- Gautam Ashok Choksi
- Vishwas Shashikant Choksi
- Gaurav Abhay Choksi
- Amit Premchand Jain
- Vikas Shaw
What is the registered address of Hindustan Platinum Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hindustan Platinum Private Limited is C 122 Ttc Industrial Area Pawane Village India, Navi Mumbai, Maharashtra, 400703.
What is the corporate identification number (CIN) and company number of Hindustan Platinum Private Limited?
The corporate identification number (CIN) of Hindustan Platinum Private Limited is U74999MH1961PTC012143 and the company number is 012143 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hindustan Platinum Private Limited?
The Official website of Hindustan Platinum Private Limited is https://www.hp.co.in
What has been the recent revenue trend for Hindustan Platinum Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hindustan Platinum Private Limited has risen by 28.15%.
How many employees does Hindustan Platinum Private Limited currently have?
As Per 2023 financial reports, 714 employees are currently employed by Hindustan Platinum Private Limited.
What change has been observed in the net worth of Hindustan Platinum Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hindustan Platinum Private Limited has experienced an upsurge of 18.62%.
What are the total open charges for Hindustan Platinum Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hindustan Platinum Private Limited amount to ₹ 2,116.12 Cr.
When was the last Balance Sheet of Hindustan Platinum Private Limited filed with the ROC?
The most recent Balance Sheet for Hindustan Platinum Private Limited was filed with the ROC on 31 Mar 2023.
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