Hipcon Valves Private Limited

Manufactures and trades high pressure valves for thermal power plants.

2007 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 05, 2024

Hipcon Valves Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.25 Cr
  • Revenue Growth -28.64%
  • Profit Growth -1306.85%
  • Ebitda -1288.62%
  • Net Worth -46.86%
  • Total Assets 3.23%

About Hipcon Valves

Hipcon Valves Private Limited (HVPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 February 2007 and has a history of 17 years and 11 months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.25 Cr.

Chacko, Sathikumar Raghavan, Vijayakumar Sandhya, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29113TN2007PTC062523

  • Company No.

    062523

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2007

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Hipcon Valves?

Executive Team (1)

Name Designation Appointment Date Status
Sathikumar Raghavan Country flag representing In Managing Director 31-May-2016 Current

Board Members (3)

Name Designation Appointment Date Status
Chacko Country flag representing In Director 27-Feb-2007 Current
Vijayakumar Sandhya Country flag representing In Additional Director 06-Mar-2023 Current
Sathikumar Geetha Country flag representing In Additional Director 20-Apr-2023 Current

Financial Performance of Hipcon Valves.

Hipcon Valves Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 28.64% decrease. The company also saw a substantial fall in profitability, with a 1306.85% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.86%.

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
-28.64%
Revenue from Operations
-29.81%
Total Assets
3.23%
Profit or Loss
-1306.85%
Net Worth
-46.86%
EBITDA
-1288.62%

What is the Ownership and Shareholding Structure of Hipcon Valves?

In 2019, Hipcon Valves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 1.15 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
19 Oct 2019 Others ₹1.04 M Open
26 Mar 2008 Bank Of Baroda ₹1.15 Cr Open

How Many Employees Work at Hipcon Valves?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hipcon Valves, 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 Hipcon Valves'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 Hipcon Valves

Recent activity within the organization

  • Director Appointment

    Sathikumar Geetha was appointed as a Additional Director was appointed as a Additional Director on 20 Apr 2023 & has been associated with this company since 1 year 9 months .

    20 Apr 2023

  • Director Appointment

    Vijayakumar Sandhya was appointed as a Additional Director was appointed as a Additional Director on 06 Mar 2023 & has been associated with this company since 1 year 11 months .

    06 Mar 2023

  • Annual General Meeting

    Hipcon Valves Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Hipcon Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100309550 was registered on 19 Oct 2019.

    19 Oct 2019

  • Director Appointment

    Sathikumar Raghavan was appointed as a Managing Director was appointed as a Managing Director on 31 May 2016 & has been associated with this company since 8 years 8 months .

    31 May 2016

Frequently asked questions

  • Hipcon Valves Private Limited was incorporated on 27 Feb 2007.

  • The authorized share capital of Hipcon Valves Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Hipcon Valves Private Limited.

    • Chacko
    • Sathikumar Raghavan
    • Vijayakumar Sandhya
    • Sathikumar Geetha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hipcon Valves Private Limited is Plot No: 20-23 New Street, Cholambedu Road Sathyamurthy Nagar Post India, Chennai, Tamil Nadu, 600062.

  • The corporate identification number (CIN) of Hipcon Valves Private Limited is U29113TN2007PTC062523 and the company number is 062523 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hipcon Valves Private Limited is https://www.hipconvalves.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Hipcon Valves Private Limited has fallen by -28.64%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Hipcon Valves Private Limited has experienced an downturn of -46.86%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Hipcon Valves Private Limited amount to ₹ 1.25 Cr.

  • The most recent Balance Sheet for Hipcon Valves Private Limited was filed with the ROC on 31 Mar 2021.

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