Hiten Fasteners Private Limited

Founded in 1983 and headquartered in Karnataka, India.

1983 | Bangaluru, Karnataka (India) | Active
Last Updated: January 05, 2025

Hiten Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 61.55 Cr
  • Satisfied Charges ₹ 22.12 Cr
  • Revenue Growth -100.00%
  • Profit Growth -100.00%
  • Ebitda -100.00%
  • Net Worth -100.00%
  • Total Assets -100.00%

About Hiten Fasteners

Hiten Fasteners Private Limited (HFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 November 1983 and has a history of 41 years and two months. Its registered office is in Bangaluru, Karnataka, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.90 Cr.

The company currently has active open charges totaling ₹61.55 Cr. The company has closed loans amounting to ₹22.12 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112KA1983PTC005693

  • Company No.

    005693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Environment

What products or services does Hiten Fasteners Private Limited offer?

Hiten Fasteners Private Limited offers a wide range of products and services, including Fasteners, Threaded Fastener, Nails, Fasteners, Rivets & Shackles, Metal Fastener.

Who are the key members and board of directors at Hiten Fasteners?

Executive Team (1)

Name Designation Appointment Date Status
Saikumar Balakrishnan Country flag representing In Managing Director 10-Oct-1991 Current

Board Members (4)

Name Designation Appointment Date Status
Preethi Saikumar Country flag representing In Whole-Time Director 01-Aug-2016 Current
Gowrishankar Ramachandrasastry Country flag representing In Whole-Time Director 05-Jun-2019 Current
Sudhir Kumar Country flag representing In Whole-Time Director 30-Sep-2015 Current
Achuthan Chandrasekharan Country flag representing In Director 19-Jan-2024 Current

Financial Performance of Hiten Fasteners.

Hiten Fasteners Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 100% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-100.00%
Profit or Loss
-100.00%
Net Worth
-100.00%
EBITDA
-100.00%

What is the Ownership and Shareholding Structure of Hiten Fasteners?

In 2023, Hiten Fasteners had a promoter holding of 37.64% and a public holding of 62.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.55 Cr

Satisfied Charges

₹22.12 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 58.70 Cr
  • Others : 2.85 Cr

Latest Charge Details

Date Lender Amount Status
04 Oct 2017 Others ₹2.85 Cr Open
23 Jun 1995 State Bank Of India ₹58.70 Cr Open
31 Dec 2018 Karnataka State Financial Corporation ₹2.00 Cr Satisfied
17 Nov 2017 Others ₹3.40 Cr Satisfied
07 Sep 2015 Karnataka State Financial Corporation ₹2.00 Cr Satisfied

How Many Employees Work at Hiten Fasteners?

Hiten Fasteners has a workforce of 585 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hiten Fasteners, 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 Hiten Fasteners'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 Hiten Fasteners

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 58.70 Cr registered on 23 Jun 1995 with Charge ID 90193913 was modified on 04 Oct 2024.

    04 Oct 2024

  • Annual General Meeting

    Hiten Fasteners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hiten Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Achuthan Chandrasekharan was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 14 days .

    19 Jan 2024

  • Charges

    A charge registered on 17 Nov 2017 via Charge ID 100138301 with Others was fully satisfied on 23 May 2023.

    23 May 2023

  • Charges

    A charge registered on 31 Dec 2018 via Charge ID 100241150 with Karnataka State Financial Corporation was fully satisfied on 14 Oct 2022.

    14 Oct 2022

Frequently asked questions

  • Hiten Fasteners Private Limited was incorporated on 21 Nov 1983.

  • The authorized share capital of Hiten Fasteners Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.90 Cr.

  • Currently 5 directors are associated with Hiten Fasteners Private Limited.

    • Gowrishankar Vellore Ramachandrasastry
    • Saikumar Balakrishnan
    • Preethi Saikumar
    • Sudhir Pandey Kumar
    • Achuthan Chandrasekharan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hiten Fasteners Private Limited is No.25A Doddanakkundiindustrial Area India, Bangalore, Karnataka, 560048.

  • The corporate identification number (CIN) of Hiten Fasteners Private Limited is U28112KA1983PTC005693 and the company number is 005693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hiten Fasteners Private Limited is https://www.hitenfasteners.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hiten Fasteners Private Limited has fallen by -100.00%.

  • As Per 2022 financial reports, 585 employees are currently employed by Hiten Fasteners Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hiten Fasteners Private Limited has experienced an downturn of -100.00%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hiten Fasteners Private Limited amount to ₹ 61.55 Cr.

  • The most recent Balance Sheet for Hiten Fasteners Private Limited was filed with the ROC on 31 Mar 2024.

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