Hitco Electricals Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.27 Cr
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.63 Cr
- Satisfied Charges ₹ 15.68 Cr
- Revenue Growth -6.75%
- Profit Growth 19.53%
- Ebitda 11.96%
- Net Worth 55.46%
- Total Assets 21.94%
About Hitco Electricals
Hitco Electricals Private Limited (HEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 1997 and has a history of 27 years and three months. Its registered office is in Delhi, India.
The Corporate was formerly known as Hotset (India) Private 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 2.50 Cr and a paid-up capital of Rs 2.27 Cr.
The company currently has active open charges totaling ₹9.63 Cr. The company has closed loans amounting to ₹15.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Radhika Verma and Vikas Verma serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31506DL1997PTC090370
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Company No.
090370
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Oct 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Hitco Electricals Private Limited offer?
Hitco Electricals Private Limited offers a wide range of products and services, including Heater & Heating Components, Industrial Heaters, Heater, Thermostat & Heating Devices, Apparel & Textile Machinery, Dyeing Machinery, Cutting Machines & Equipment, Cutting Machine.
Who are the key members and board of directors at Hitco Electricals?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radhika Verma
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Whole-Time Director | 20-Jan-2001 | Current |
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Vikas Verma
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Whole-Time Director | 23-Oct-1997 | Current |
Financial Performance of Hitco Electricals.
Hitco Electricals Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.75% decrease. The company also saw a substantial improvement in profitability, with a 19.53% increase in profit. The company's net worth Soared by an impressive increase of 55.46%.
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What is the Ownership and Shareholding Structure of Hitco Electricals?
In 2021, Hitco Electricals had a promoter holding of 60.14% and a public holding of 39.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Industrial Heater Mart Private LimitedRadhika Verma is a mutual person
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Elite Electrikals And Appliances Private Limited
Radhika Verma and Vikas Verma are mutual person
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Pellagic Resorts Private Limited
Vikas Verma is a mutual person
Charges (Loans)
₹9.63 Cr
₹15.68 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 9.14 Cr
- Axis Bank Limited : 0.39 Cr
- Bank Of Baroda : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2023 | Hdfc Bank Limited | ₹3.51 M | Open |
| 06 Mar 2020 | Axis Bank Limited | ₹3.94 M | Open |
| 10 Jan 2018 | Hdfc Bank Limited | ₹8.79 Cr | Open |
| 24 Jan 2009 | Bank Of Baroda | ₹0.90 M | Open |
| 08 May 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹3.85 Cr | Satisfied |
How Many Employees Work at Hitco Electricals?
Hitco Electricals has a workforce of 72 employees as of Mar 23, 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 Hitco Electricals, 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 Hitco Electricals'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.
