Hirakud Industrial Works Ltd

Manufactures iron and steel products, including transmission towers and electrical substation structures.

1993 | Sambalpur, Odisha (India) | Active
Last Updated:

Hirakud Industrial Works Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.58 Cr
  • Company Age 32 Year, 15 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 39.32 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth %
  • Profit Growth -8529.92%
  • Ebitda -8885.85%
  • Net Worth -1.76%
  • Total Assets 5.43%

About Hirakud Industrial Works

Hirakud Industrial Works Ltd (HIWL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 1993 and has a history of 32 years. Its registered office is in Sambalpur, Odisha, India.

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 2019. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.58 Cr.

The company currently has active open charges totaling ₹39.32 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ritabrata Adak, Amit Banik, and Utpal Majumder serve as directors at the Company.

Company Details

  • Location

    Sambalpur, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201OR1993PLC003239

  • Company No.

    003239

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1993

  • Date of AGM

    17 Jun 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Hirakud Industrial Works?

Board Members (3)

NameDesignationAppointment DateStatus
Ritabrata Adak Country flag representing In Additional Director 22-Mar-2024Current
Amit Banik Country flag representing In Additional Director 22-Mar-2024Current
Utpal Majumder Country flag representing In Director 21-Mar-2023Current

Financial Performance of Hirakud Industrial Works.

Hirakud Industrial Works Ltd, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 8529.92% decrease in profit. The company's net worth dipped by a decrease of 1.76%.

Hirakud Industrial Works revenue growth over time
Hirakud Industrial Works 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
Revenue from Operations
Total Assets
5.43%
Profit or Loss
-8529.92%
Net Worth
-1.76%
EBITDA
-8885.85%

What is the Ownership and Shareholding Structure of Hirakud Industrial Works?

In 2019, Hirakud Industrial Works 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

₹39.32 Cr

Satisfied Charges

₹2.50 Cr

Charges Breakdown by Lending Institutions

  • United Bank Of India : 37.79 Cr
  • Union Bank Of India : 1.00 Cr
  • The Industrial Development Corporation Fo Orissaltd. : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2005The Industrial Development Corporation Fo Orissaltd.₹5.28 MOpen
18 Dec 1999Union Bank Of India₹5.00 MOpen
18 Dec 1999Union Bank Of India₹5.00 MOpen
20 May 1998United Bank Of India₹15.90 CrOpen
31 Mar 1993United Bank Of India₹10.06 CrOpen

How Many Employees Work at Hirakud Industrial Works?

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

Employee growth trends for Hirakud Industrial Works Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hirakud Industrial Works, 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 Hirakud Industrial Works'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 Hirakud Industrial Works

Recent activity within the organization

  • Director Appointment

    Ritabrata Adak was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2024 & has been associated with this company since 1 year 5 days .

  • Director Appointment

    Amit Kangsa Banik was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2024 & has been associated with this company since 1 year 5 days .

  • Charges

    A charge registered on 29 Jan 2008 via Charge ID 10084052 with Bank Of India was fully satisfied on 09 Nov 2023.

  • Director Appointment

    Utpal Majumder was appointed as a Director was appointed as a Director on 21 Mar 2023 & has been associated with this company since 2 years 7 days .

  • Annual General Meeting

    Hirakud Industrial Works Ltd last Annual general meeting of members was held on 17 Jun 2019 as per latest MCA records.

  • Balance Sheet

    Hirakud Industrial Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Cuttack.

Frequently asked questions

  • What is the Incorporation or founding date of Hirakud Industrial Works Ltd?

    Hirakud Industrial Works Ltd was incorporated on 12 Mar 1993.

  • What is authorized share capital and paid-up capital of Hirakud Industrial Works Ltd?

    The authorized share capital of Hirakud Industrial Works Ltd is ₹ 10.00 Cr and paid-up capital is ₹ 8.58 Cr.

  • Who are the current board members & directors of Hirakud Industrial Works Ltd?

    Currently 3 directors are associated with Hirakud Industrial Works Ltd.

    • Ritabrata Adak
    • Amit Kangsa Banik
    • Utpal Majumder

  • What is the registered address of Hirakud Industrial Works Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hirakud Industrial Works Ltd is Hirakud Industrial Worksat-Hirakud India, Sambalpur, Orissa, 768016.

  • What is the corporate identification number (CIN) and company number of Hirakud Industrial Works Ltd?

    The corporate identification number (CIN) of Hirakud Industrial Works Ltd is U45201OR1993PLC003239 and the company number is 003239 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Hirakud Industrial Works Ltd, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Hirakud Industrial Works Ltd has experienced an downturn of -1.76%.

  • What are the total open charges for Hirakud Industrial Works Ltd?

    As per the financial statements for fiscal Year 2019, The total open charges for Hirakud Industrial Works Ltd amount to ₹ 39.32 Cr.

  • When was the last Balance Sheet of Hirakud Industrial Works Ltd filed with the ROC?

    The most recent Balance Sheet for Hirakud Industrial Works Ltd was filed with the ROC on 31 Mar 2019.

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