Hi-Speed Machining India Private Limited

Manufactures CNC machine tools for various industries since 2003.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Hi-Speed Machining India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.56 M
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.33 Cr
  • Satisfied Charges ₹ 12.16 Cr
  • Revenue Growth 3.68%
  • Profit Growth -14.45%
  • Ebitda -26.27%
  • Net Worth 3.83%
  • Total Assets -6.13%

About Hi-Speed Machining India

Hi-Speed Machining India Private Limited (HMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 2003 and has a history of 21 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Hi-Speed Machining India Limited. The Company is engaged in the Machinery And Equipment 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 4.00 M and a paid-up capital of Rs 3.56 M.

The company currently has active open charges totaling ₹3.33 Cr. The company has closed loans amounting to ₹12.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Notakar Mahadeshwara and Mahadeshwar Rachana serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hi-speed.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51103KA2003PTC032494

  • Company No.

    032494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Hi-Speed Machining India?

Executive Team (1)

NameDesignationAppointment DateStatus
Notakar Mahadeshwara Country flag representing In Managing Director03-Sep-2003Current

Board Members (1)

NameDesignationAppointment DateStatus
Mahadeshwar Rachana Country flag representing In Director 01-Oct-2007Current

Financial Performance of Hi-Speed Machining India.

Hi-Speed Machining India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.68% increase. The company also saw a substantial fall in profitability, with a 14.45% decrease in profit. The company's net worth moved up by a moderate rise of 3.83%.

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
3.68%
Revenue from Operations
3.73%
Total Assets
-6.13%
Profit or Loss
-14.45%
Net Worth
3.83%
EBITDA
-26.27%

What is the Ownership and Shareholding Structure of Hi-Speed Machining India?

In 2023, Hi-Speed Machining India had a promoter holding of 95.72% and a public holding of 4.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.28 M

Satisfied Charges

₹121.56 M

Charges Breakdown by Lending Institutions

  • Others : 3.25 Cr
  • State Bank Of India : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2024Others₹3.25 CrOpen
30 May 2012State Bank Of India₹0.78 MOpen
19 Jul 2018Others₹5.17 CrSatisfied
05 Feb 2018Others₹4.50 MSatisfied
17 Feb 2017Others₹5.00 MSatisfied

How Many Employees Work at Hi-Speed Machining India?

Unlock and access historical data on people associated with Hi-Speed Machining India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Speed Machining 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 Hi-Speed Machining 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 Hi-Speed Machining India

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 32.50 M with Charge ID 100951578 was registered on 01 Jul 2024.

    01 Jul 2024

  • Charges

    A charge registered on 19 Jul 2018 via Charge ID 100203150 with Others was fully satisfied on 17 Feb 2024.

    17 Feb 2024

  • Charges

    A charge with Others of Rs. 51.71 M registered on 19 Jul 2018 with Charge ID 100203150 was modified on 10 Nov 2023.

    10 Nov 2023

  • Annual General Meeting

    Hi-Speed Machining India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hi-Speed Machining India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 24 Mar 2011 via Charge ID 10283528 with Syndicate Bank was fully satisfied on 01 Sep 2018.

    01 Sep 2018

Frequently asked questions

  • Hi-Speed Machining India Private Limited was incorporated on 03 Sep 2003.

  • The authorized share capital of Hi-Speed Machining India Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.56 M.

  • Currently 2 directors are associated with Hi-Speed Machining India Private Limited.

    • Notakar Shivashankar Mahadeshwara
    • Mahadeshwar Rachana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Speed Machining India Private Limited is A-152 2Nd 'C' Main Road, Stage Peenya Industrial Area India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Hi-Speed Machining India Private Limited is U51103KA2003PTC032494 and the company number is 032494 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hi-Speed Machining India Private Limited is https://www.hi-speed.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hi-Speed Machining India Private Limited has risen by 3.68%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hi-Speed Machining India Private Limited has experienced an upsurge of 3.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hi-Speed Machining India Private Limited amount to ₹ 3.33 Cr.

  • The most recent Balance Sheet for Hi-Speed Machining India Private Limited was filed with the ROC on 31 Mar 2023.

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