Hiraco India Private Limited

Manufactures and trades lab-grown diamonds, including CVD and HPHT diamonds.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Hiraco India Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 19.45 Cr
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 73.54 Cr
  • Revenue Growth 22.67%
  • Profit Growth -59.24%
  • Ebitda -70.43%
  • Net Worth 3.61%
  • Total Assets 4.19%

About Hiraco India

Hiraco India Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 20.00 Cr and a paid-up capital of Rs 19.45 Cr.

The company has closed loans amounting to ₹73.54 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dahyabhai Sutariya, Rajesh Sutaria, Kavitkumar Sutariya, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hiracodiamonds.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51398MH2008PTC182337

  • Company No.

    182337

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Hiraco India Private Limited offer?

Hiraco India Private Limited offers a wide range of products and services, including Diamond, Lab Grown Diamond, Synthetic Diamond, CVD Diamond.

Who are the key members and board of directors at Hiraco India?

Board Members (4)

NameDesignationAppointment DateStatus
Dahyabhai Sutariya Country flag representing In Director 17-May-2008Current
Rajesh Sutaria Country flag representing In Director 01-Jun-2008Current
Kavitkumar Sutariya Country flag representing In Director 20-Aug-2008Current
Parth Sutariya Country flag representing In Director 02-May-2013Current

Financial Performance of Hiraco India.

Hiraco India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.67% increase. The company also saw a substantial fall in profitability, with a 59.24% decrease in profit. The company's net worth moved up by a moderate rise of 3.61%.

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
22.67%
Revenue from Operations
23.66%
Total Assets
4.19%
Profit or Loss
-59.24%
Net Worth
3.61%
EBITDA
-70.43%

What is the Ownership and Shareholding Structure of Hiraco India?

In 2023, Hiraco India had a promoter holding of 82.00% and a public holding of 18.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹73.54 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 72.29 Cr
  • Bank Of India : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2013Bank Of India₹1.25 CrSatisfied
19 Sep 2008State Bank Of India₹72.29 CrSatisfied

How Many Employees Work at Hiraco India?

Hiraco India has a workforce of 6 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 Hiraco India, 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 Hiraco India'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 Hiraco India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Hiraco India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 19 Sep 2008 via Charge ID 10128430 with State Bank Of India was fully satisfied on 23 Sep 2015.

    23 Sep 2015

  • Charges

    A charge registered on 01 Nov 2013 via Charge ID 10465834 with Bank Of India was fully satisfied on 30 Aug 2014.

    30 Aug 2014

  • Charges

    A charge with Bank Of India amounted to Rs. 1.25 Cr with Charge ID 10465834 was registered on 01 Nov 2013.

    01 Nov 2013

  • Director Appointment

    Parth Dayabhai Sutariya was appointed as a Director was appointed as a Director on 02 May 2013 & has been associated with this company since 11 years 9 months .

    02 May 2013

Frequently asked questions

  • Hiraco India Private Limited was incorporated on 17 May 2008.

  • The authorized share capital of Hiraco India Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.45 Cr.

  • Currently 4 directors are associated with Hiraco India Private Limited.

    • Dahyabhai Govindbhai Sutariya
    • Rajesh Bhagwanbhai Sutaria
    • Kavitkumar Dayabhai Sutariya
    • Parth Dayabhai Sutariya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hiraco India Private Limited is B/909 A-Wing The Capital G-Block Bandra Kurla Complex, (East) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Hiraco India Private Limited is U51398MH2008PTC182337 and the company number is 182337 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hiraco India Private Limited is https://www.hiracodiamonds.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hiraco India Private Limited has risen by 22.67%.

  • As Per 2023 financial reports, 6 employees are currently employed by Hiraco India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hiraco India Private Limited has experienced an upsurge of 3.61%.

  • The most recent Balance Sheet for Hiraco India Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Watches & Jewelry Manufacturing