Hiten Fasteners Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.90 Cr
- Company Age 41 Year, 3 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 three 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.
Gowrishankar Ramachandrasastry, Saikumar Balakrishnan, Preethi Saikumar, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- 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  | Managing Director | 10-Oct-1991 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Preethi Saikumar | Whole-Time Director | 01-Aug-2016 | Current |
| Gowrishankar Ramachandrasastry | Whole-Time Director | 05-Jun-2019 | Current |
| Sudhir Kumar | Whole-Time Director | 30-Sep-2015 | Current |
| Achuthan Chandrasekharan | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Gowrishankar Ramachandrasastry and Saikumar Balakrishnan are mutual person
- Hiten Rail Fasteners Private Limited
Gowrishankar Ramachandrasastry and Saikumar Balakrishnan are mutual person
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.
Deals i
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
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.
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.
- Annual General Meeting
Hiten Fasteners Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hiten Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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 1 month .
- Charges
A charge registered on 17 Nov 2017 via Charge ID 100138301 with Others was fully satisfied on 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.
Frequently asked questions
What is the Incorporation or founding date of Hiten Fasteners Private Limited?
Hiten Fasteners Private Limited was incorporated on 21 Nov 1983.
What is authorized share capital and paid-up capital of Hiten Fasteners Private Limited?
The authorized share capital of Hiten Fasteners Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.90 Cr.
Who are the current board members & directors of Hiten Fasteners Private Limited?
Currently 5 directors are associated with Hiten Fasteners Private Limited.
- Gowrishankar Vellore Ramachandrasastry
- Saikumar Balakrishnan
- Preethi Saikumar
- Sudhir Pandey Kumar
- Achuthan Chandrasekharan
What is the registered address of Hiten Fasteners Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hiten Fasteners Private Limited is No.25A Doddanakkundiindustrial Area India, Bangalore, Karnataka, 560048.
What is the corporate identification number (CIN) and company number of Hiten Fasteners Private Limited?
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).
What is the official website of Hiten Fasteners Private Limited?
The Official website of Hiten Fasteners Private Limited is https://www.hitenfasteners.com
What has been the recent revenue trend for Hiten Fasteners Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Hiten Fasteners Private Limited has fallen by -100.00%.
How many employees does Hiten Fasteners Private Limited currently have?
As Per 2022 financial reports, 585 employees are currently employed by Hiten Fasteners Private Limited.
What change has been observed in the net worth of Hiten Fasteners Private Limited, and by what percentage?
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%.
What are the total open charges for Hiten Fasteners Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Hiten Fasteners Private Limited amount to ₹ 61.55 Cr.
When was the last Balance Sheet of Hiten Fasteners Private Limited filed with the ROC?
The most recent Balance Sheet for Hiten Fasteners Private Limited was filed with the ROC on 31 Mar 2024.
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