Hipack Systems Private Limited

Manufactures polythene packets and plastic pallets for industrial and export use.

1999 | Kolkata, West Bengal (India) | Active
Last Updated: June 27, 2024

Hipack Systems Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.07 M
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.41 Cr
  • Satisfied Charges ₹ 2.88 Cr
  • Revenue Growth 27.98%
  • Profit Growth 96.50%
  • Ebitda 20.24%
  • Net Worth 4.08%
  • Total Assets -7.68%

About Hipack Systems

Hipack Systems Private Limited (HSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 July 1999 and has a history of 25 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Packaging 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 4.50 M and a paid-up capital of Rs 4.07 M.

The company currently has active open charges totaling ₹10.41 Cr. The company has closed loans amounting to ₹2.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Sovasaria and Vandana Devi serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28992WB1999PTC089806

  • Company No.

    089806

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Packaging

Who are the key members and board of directors at Hipack Systems?

Board Members (2)

Name Designation Appointment Date Status
Harsh Sovasaria Country flag representing In Whole-Time Director 17-Jan-2024 Current
Vandana Devi Country flag representing In Whole-Time Director 19-Jul-1999 Current

Financial Performance of Hipack Systems.

Hipack Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.98% increase. The company also saw a substantial improvement in profitability, with a 96.5% increase in profit. The company's net worth moved up by a moderate rise of 4.08%.

Graph illustrating revenue growth over time
Graph showing 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
27.98%
Revenue from Operations
29.42%
Total Assets
-7.68%
Profit or Loss
96.50%
Net Worth
4.08%
EBITDA
20.24%

What is the Ownership and Shareholding Structure of Hipack Systems?

In 2023, Hipack Systems had a promoter holding of 98.28% and a public holding of 1.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹104.08 M

Satisfied Charges

₹28.85 M

Charges Breakdown by Lending Institutions

  • Others : 5.86 Cr
  • Hdfc Bank Limited : 4.55 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2022 Others ₹2.99 M Open
03 Sep 2022 Others ₹4.06 Cr Open
03 Sep 2022 Others ₹1.29 Cr Open
03 Sep 2022 Others ₹2.09 M Open
06 Apr 2015 Hdfc Bank Limited ₹2.05 Cr Open

How Many Employees Work at Hipack Systems?

Hipack Systems has a workforce of 10 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hipack Systems, 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 Hipack Systems'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 Hipack Systems

Recent activity within the organization

  • Director Appointment

    Harsh Sovasaria was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Jan 2024 & has been associated with this company since 1 year 27 days .

    17 Jan 2024

  • Annual General Meeting

    Hipack Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hipack Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 2.99 M with Charge ID 100610162 was registered on 03 Sep 2022.

    03 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 40.62 M with Charge ID 100610163 was registered on 03 Sep 2022.

    03 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 12.88 M with Charge ID 100615619 was registered on 03 Sep 2022.

    03 Sep 2022

Frequently asked questions

  • Hipack Systems Private Limited was incorporated on 09 Jul 1999.

  • The authorized share capital of Hipack Systems Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.07 M.

  • Currently 2 directors are associated with Hipack Systems Private Limited.

    • Harsh Sovasaria
    • Vandana Devi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hipack Systems Private Limited is 28 Kabir Road Ground Floor, Kolkata, West Bengal, India, 700026.

  • The corporate identification number (CIN) of Hipack Systems Private Limited is U28992WB1999PTC089806 and the company number is 089806 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hipack Systems Private Limited has risen by 27.98%.

  • As Per 2023 financial reports, 10 employees are currently employed by Hipack Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hipack Systems Private Limited has experienced an upsurge of 4.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hipack Systems Private Limited amount to ₹ 10.41 Cr.

  • The most recent Balance Sheet for Hipack Systems Private Limited was filed with the ROC on 31 Mar 2023.

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