Hirotec India Private Limited

Manufacturer and exporter of welding and panel solutions for automotive industry, with global clientele.

2005 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Hirotec India Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 57.28 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 57.40 Cr
  • Satisfied Charges ₹ 5.65 Cr
  • Revenue Growth -21.25%
  • Profit Growth -7.85%
  • Ebitda -12.35%
  • Net Worth 14.71%
  • Total Assets 11.82%

About Hirotec India

Hirotec India Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2005 and has a history of 19 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Kghirotec Engineering Services Private Limited. The Company is engaged in the Automotive 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 90.00 Cr and a paid-up capital of Rs 57.28 Cr.

The company currently has active open charges totaling ₹57.40 Cr. The company has closed loans amounting to ₹5.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hirotec India Private Limited India is Annapoorna Meenakshi as COMPANY SECRETARY. Shinji Higashi, Senthilkumar Parthasarathy, Sharon Beetham, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TZ2005PTC011837

  • Company No.

    011837

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2005

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Automotive

What products or services does Hirotec India Private Limited offer?

Hirotec India Private Limited offers a wide range of products and services, including Plant Design & Installation Services, Industrial Design Services, Building Survey & Soil Investigation, Geotechnical Engineering, Sewing,Knitting & Embroidery Machine, Industrial Sewing Machine, CAD CAM Services, Mechanical Design Service, Graphic Design Services, Design Services.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Annapoorna Meenakshi Company Secretary01-Mar-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
James Toeniskoetter Country flag representing Us Director 06-Oct-2005Current
Shinji Higashi Country flag representing Jp Director 07-Mar-2019Current
Senthilkumar Parthasarathy Country flag representing In Director 18-Sep-2014Current
Sharon Beetham Country flag representing Ca Director 26-Sep-2012Current
Tetsuya Kan Whole-Time Director 15-Feb-2023Current

Financial Performance of Hirotec India.

Hirotec India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.25% decrease. The company also saw a slight decrease in profitability, with a 7.85% decrease in profit. The company's net worth Soared by an impressive increase of 14.71%.

Hirotec India revenue growth over time
Hirotec India 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
-21.25%
Revenue from Operations
-26.27%
Total Assets
11.82%
Profit or Loss
-7.85%
Net Worth
14.71%
EBITDA
-12.35%

What is the Ownership and Shareholding Structure of Hirotec India?

In 2023, Hirotec India 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

₹57.40 Cr

Satisfied Charges

₹5.65 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 57.40 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2021The Hongkong And Shanghai Banking Corporation Limited₹57.40 CrOpen
22 Nov 2010Axis Bank Limited₹2.40 CrSatisfied
20 Jun 2006Indusind Bank Limited₹2.25 CrSatisfied
30 Jan 2006Indusind Bank Limited₹1.00 CrSatisfied

How Many Employees Work at Hirotec India?

Hirotec India has a workforce of 551 employees as of Apr 05, 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.

Employee growth trends for Hirotec India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hirotec 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 Hirotec 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 Hirotec India

Recent activity within the organization

  • Annual General Meeting

    Hirotec India Private Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Tetsuya Kan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 57.40 Cr with Charge ID 100407715 was registered on 12 Jan 2021.

  • Director Appointment

    Shinji Higashi was appointed as a Director was appointed as a Director on 07 Mar 2019 & has been associated with this company since 6 years 25 days .

  • Director Appointment

    Annapoorna Meenakshi was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2019 & has been associated with this company since 6 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Hirotec India Private Limited?

    Hirotec India Private Limited was incorporated on 25 May 2005.

  • What is authorized share capital and paid-up capital of Hirotec India Private Limited?

    The authorized share capital of Hirotec India Private Limited is ₹ 90.00 Cr and paid-up capital is ₹ 57.28 Cr.

  • Who are the current board members & directors of Hirotec India Private Limited?

    Currently 6 directors are associated with Hirotec India Private Limited.

    • Annapoorna Meenakshi
    • Shinji Higashi
    • Senthilkumar Parthasarathy
    • Sharon Louise Beetham
    • James Bernard Toeniskoetter
    • Tetsuya Kan
  • What is the registered address of Hirotec India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hirotec India Private Limited is 7/147 Power House Road, Keeranatham India, Coimbatore, Tamil Nadu, 641035.

  • What is the corporate identification number (CIN) and company number of Hirotec India Private Limited?

    The corporate identification number (CIN) of Hirotec India Private Limited is U72200TZ2005PTC011837 and the company number is 011837 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hirotec India Private Limited?

    The Official website of Hirotec India Private Limited is https://www.hirotecindia.com

  • What has been the recent revenue trend for Hirotec India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hirotec India Private Limited has fallen by -21.25%.

  • How many employees does Hirotec India Private Limited currently have?

    As Per 2023 financial reports, 551 employees are currently employed by Hirotec India Private Limited.

  • What change has been observed in the net worth of Hirotec India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hirotec India Private Limited has experienced an upsurge of 14.71%.

  • What are the total open charges for Hirotec India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hirotec India Private Limited amount to ₹ 57.40 Cr.

  • When was the last Balance Sheet of Hirotec India Private Limited filed with the ROC?

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