Hira Power And Steels Limited

Manufacturer of ferroalloys and operates a 20-MW captive thermal power plant.

1984 | Raipur, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Hira Power And Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.40 Cr
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 273.77 Cr
  • Satisfied Charges ₹ 552.21 Cr
  • Revenue Growth -1.10%
  • Profit Growth -58.17%
  • Ebitda -55.75%
  • Net Worth 17.32%
  • Total Assets -15.01%

About Hira Power And Steels

Hira Power And Steels Limited (HPASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 July 1984 and has a history of 40 years and six months. Its registered office is in Raipur, Chattisgarh, India.

The Corporate was formerly known as Hira Global Power And Steels 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 2024. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 4.40 Cr.

The company currently has active open charges totaling ₹273.77 Cr. The company has closed loans amounting to ₹552.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Umesh Agrawal, Vikas Agrawal, Manish Agarwal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hpslindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24117CT1984PLC002512

  • Company No.

    002512

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Hira Power And Steels Limited offer?

Hira Power And Steels Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Sedimentary Stone, Chemical Reagents & Catalysts, Calcium Carbonate Powder, Base Metal Ores, Manganese Ore, Silico Manganese, Ferro Silico Manganese, Iron Metal, Pig Iron.

Who are the key members and board of directors at Hira Power And Steels?

Board Members (7)

NameDesignationAppointment DateStatus
Shruti Bajaj Country flag representing In Director 14-Jan-2020Current
Umesh Agrawal Country flag representing In Director 10-Dec-2014Current
Vikas Agrawal Country flag representing In Whole-Time Director 04-Jun-2003Current
Manish Agarwal Country flag representing In Director 10-Dec-2014Current
Devendra Singh Country flag representing In Whole-Time Director 16-Aug-2012Current
Omprakash Goyal Country flag representing In Whole-Time Director 11-Aug-2008Current

Financial Performance of Hira Power And Steels.

Hira Power And Steels Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.1% decrease. The company also saw a substantial fall in profitability, with a 58.17% decrease in profit. The company's net worth Soared by an impressive increase of 17.32%.

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
-1.10%
Revenue from Operations
-0.49%
Total Assets
-15.01%
Profit or Loss
-58.17%
Net Worth
17.32%
EBITDA
-55.75%

What is the Ownership and Shareholding Structure of Hira Power And Steels?

In 2023, Hira Power And Steels had a promoter holding of 37.53% and a public holding of 62.47%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹273.77 Cr

Satisfied Charges

₹552.21 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 184.58 Cr
  • Idbi Bank Limited : 53.00 Cr
  • Infrastructure Development Finance Compnay Limited : 30.00 Cr
  • Hdfc Bank Limited : 3.94 Cr
  • Others : 1.34 Cr
  • Others : 0.90 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2024Idbi Bank Limited₹53.00 CrOpen
23 Feb 2024Bank Of India₹2.13 MOpen
03 Jan 2024Bank Of India₹4.30 MOpen
08 Dec 2023Bank Of India₹176.00 CrOpen
08 Sep 2023Hdfc Bank Limited₹2.70 MOpen

How Many Employees Work at Hira Power And Steels?

Hira Power And Steels has a workforce of 517 employees as of Mar 27, 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 Hira Power And Steels, 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 Hira Power And Steels'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 Hira Power And Steels

Recent activity within the organization

  • Annual General Meeting

    Hira Power And Steels Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 53.00 Cr with Charge ID 100952221 was registered on 04 Jul 2024.

    04 Jul 2024

  • Balance Sheet

    Hira Power And Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.21 Cr with Charge ID 100881536 was registered on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge registered on 07 Dec 2022 via Charge ID 100665182 with State Bank Of India was fully satisfied on 20 Jan 2024.

    20 Jan 2024

  • Charges

    A charge registered on 24 Mar 2005 via Charge ID 90206318 with Others was fully satisfied on 15 Jan 2024.

    15 Jan 2024

Frequently asked questions

  • Hira Power And Steels Limited was incorporated on 27 Jul 1984.

  • The authorized share capital of Hira Power And Steels Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.40 Cr.

  • Currently 7 directors are associated with Hira Power And Steels Limited.

    • Umesh Kumar Agrawal
    • Vikas Agrawal
    • Manish Agarwal
    • Devendra Pratap Singh
    • Shruti Avinash Bajaj
    • Omprakash Goyal
    • Subhash Mahandru
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hira Power And Steels Limited is Unit 2 Khasra No. 511/1, 512/2 Urla Industrial Area India, Raipur, Chattisgarh, 493221.

  • The corporate identification number (CIN) of Hira Power And Steels Limited is U24117CT1984PLC002512 and the company number is 002512 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hira Power And Steels Limited is https://www.hpslindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hira Power And Steels Limited has fallen by -1.10%.

  • As Per 2023 financial reports, 517 employees are currently employed by Hira Power And Steels Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hira Power And Steels Limited has experienced an upsurge of 17.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hira Power And Steels Limited amount to ₹ 273.77 Cr.

  • The most recent Balance Sheet for Hira Power And Steels Limited was filed with the ROC on 31 Mar 2024.

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