Hi-Shine Inks Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.91 Cr
- Satisfied Charges ₹ 24.73 Cr
- Revenue Growth 40.22%
- Profit Growth 74.14%
- Ebitda 72.66%
- Net Worth 31.68%
- Total Assets 25.27%
About Hi-Shine Inks
Hi-Shine Inks Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 January 1990 and has a history of 35 years and one month. Its registered office is in Na, Gujarat, India.
The Corporate was formerly known as Utility Inks Pvt Ltd. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹15.91 Cr. The company has closed loans amounting to ₹24.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ankit Shroff and Nitin Mehta serve as directors at the Company.
Company Details
- Location
Na, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24299GJ1990PTC013217
- Company No.
013217
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jan 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Hi-Shine Inks Private Limited offer?
Hi-Shine Inks Private Limited offers a wide range of products and services, including Pen, Pencil & Writing Supplies, Pen Parts, Printing Inks & Other Supplies, Printing Ink, Inkjet Refill Kits.
Who are the key members and board of directors at Hi-Shine Inks?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankit Shroff  | Director | 22-Jul-2022 | Current |
| Nitin Mehta | Director | 08-Jan-1990 | Current |
Financial Performance of Hi-Shine Inks.
Hi-Shine Inks Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.22% increase. The company also saw a substantial improvement in profitability, with a 74.14% increase in profit. The company's net worth Soared by an impressive increase of 31.68%.
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What is the Ownership and Shareholding Structure of Hi-Shine Inks?
In 2023, Hi-Shine Inks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ostern Pvt LtdNitin Mehta is a mutual person
Nx Pack Private LimitedAnkit Shroff and Nitin Mehta are mutual person
Goldex Pens Private LimitedNitin Mehta is a mutual person
- Bionova Solutions Private Limited
Nitin Mehta is a mutual person
- Rohini Mercantile Private Limited
Nitin Mehta is a mutual person
- Ruth Finvest Private Limited
Nitin Mehta is a mutual person
Charges (Loans)
₹159.08 M
₹247.34 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 15.91 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2021 | Hdfc Bank Limited | ₹15.91 Cr | Open |
| 22 Oct 2020 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 17 Jun 2015 | Hdfc Bank Limited | ₹5.00 M | Satisfied |
| 16 Mar 2015 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 20 Jun 2011 | Hdfc Bank Limited | ₹4.40 Cr | Satisfied |
How Many Employees Work at Hi-Shine Inks?
Hi-Shine Inks has a workforce of 67 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hi-Shine Inks, 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 Hi-Shine Inks's trajectory.
Rating
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
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.
