Hiq Power Associates Private Limited logo

Hiq Power Associates Private Limited

Consultancy and project engineering services for power, process, and metallurgical projects in India.
2000 | Chennai, Tamil Nadu (India) | Active

Last Updated:

December 21, 2024
HomeCompanyHiq Power Associates Private Limited

Who are the key members and board of directors at Hiq Power Associates?

Board Members(2)

NameDesignationAppointment DateStatus
Vaithiswaran Sivakumar In Director 07-Nov-2016Current
Sivanesan Prakash In Director 07-Jun-2023Current

Financial Performance of Hiq Power Associates.

Hiq Power Associates Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.57% decrease. The company also saw a substantial improvement in profitability, with a 100.93% increase in profit. The company's net worth moved up by a moderate rise of 3.77%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-4.57%
Revenue from Operations
-4.80%
Total Assets
-5.53%
Profit or Loss
100.93%
Net Worth
3.77%
EBITDA
103.81%

Charges (Loans)

Open Charges Satisfied Charges

₹3.50 M

₹1.90 M

LenderAmountStatus

Axis Bank Limited

Creation Date: 24 Oct 2017
₹3.50 MOpen

State Bank Of India

Creation Date: 26 Mar 2004
₹1.90 MSatisfied

How Many Employees Work at Hiq Power Associates?

Hiq Power Associates has a workforce of 6 employees as of Mar 26, 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.

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Latest Updates, News, and FAQs on Hiq Power Associates

Recent activity within the organization

  • Annual General Meeting

    Hiq Power Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hiq Power Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sivanesan Prakash was appointed as a Director was appointed as a Director on 07 Jun 2023 & has been associated with this company since 1 year 6 months .

    07 Jun 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 3.50 M registered on 24 Oct 2017 with Charge ID 100132932 was modified on 30 Jun 2020.

    30 Jun 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.50 M with Charge ID 100132932 was registered on 24 Oct 2017.

    24 Oct 2017

  • Director Appointment

    Vaithiswaran Sivakumar was appointed as a Director was appointed as a Director on 07 Nov 2016 & has been associated with this company since 8 years 1 month .

    07 Nov 2016

Frequently asked questions

  • Hiq Power Associates Private Limited was incorporated on 22 Dec 2000.

  • The authorized share capital of Hiq Power Associates Private Limited is ₹ 3.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Hiq Power Associates Private Limited.

    • Vaithiswaran Sivakumar
    • Sivanesan Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hiq Power Associates Private Limited is No.95/37 A5 Flat 2Nd Floor Rangarajapuram Main Road, Kodambakkam India, Chennai City Corporation, Tamil Nadu, 600024.

  • The corporate identification number (CIN) of Hiq Power Associates Private Limited is U74210TN2000PTC046359 and the company number is 046359 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hiq Power Associates Private Limited is https://www.hiqpower.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hiq Power Associates Private Limited has fallen by -4.57%.

  • As Per 2022 financial reports, 6 employees are currently employed by Hiq Power Associates Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hiq Power Associates Private Limited has experienced an upsurge of 3.77%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hiq Power Associates Private Limited amount to ₹ 3.50 M.

  • The most recent Balance Sheet for Hiq Power Associates Private Limited was filed with the ROC on 31 Mar 2024.

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