Hitesh Yarn Agency Private Limited

Yarn and cloth trading company based in Ludhiana, Punjab.

2019 | Ludhiana, Punjab (India) | Active
Last Updated: February 10, 2025

Hitesh Yarn Agency Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.50 Cr
  • Revenue Growth 47.41%
  • Profit Growth -3.58%
  • Ebitda -23.39%
  • Net Worth 63.66%
  • Total Assets 28.28%

About Hitesh Yarn Agency

Hitesh Yarn Agency Private Limited (HYAPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 July 2019 (Five years and six months 20 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Home & Lifestyle 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 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹42.50 Cr.

Amit Jain, Hitesh Jain, Abhay Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909PB2019PTC049827

  • Company No.

    049827

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

Who are the key members and board of directors at Hitesh Yarn Agency?

Board Members (4)

Name Designation Appointment Date Status
Hitesh Jain Country flag representing In Director 31-Jul-2019 Current
Amit Jain Country flag representing In Director 31-Jul-2019 Current
Abhay Jain Country flag representing In Director 31-Jul-2019 Current
Prem Jain Country flag representing In Director 17-Oct-2019 Current

Financial Performance of Hitesh Yarn Agency.

Hitesh Yarn Agency Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.41% increase. The company also saw a slight decrease in profitability, with a 3.58% decrease in profit. The company's net worth Soared by an impressive increase of 63.66%.

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
47.41%
Revenue from Operations
48.22%
Total Assets
28.28%
Profit or Loss
-3.58%
Net Worth
63.66%
EBITDA
-23.39%

What is the Ownership and Shareholding Structure of Hitesh Yarn Agency?

In 2023, Hitesh Yarn Agency had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹425.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 42.50 Cr

Latest Charge Details

Date Lender Amount Status
18 May 2020 Hdfc Bank Limited ₹42.50 Cr Open

How Many Employees Work at Hitesh Yarn Agency?

Unlock and access historical data on people associated with Hitesh Yarn Agency, 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 Hitesh Yarn Agency, 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 Hitesh Yarn Agency'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 Hitesh Yarn Agency

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 425.00 M registered on 18 May 2020 with Charge ID 100342716 was modified on 15 Jan 2024.

    15 Jan 2024

  • Annual General Meeting

    Hitesh Yarn Agency Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hitesh Yarn Agency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 425.00 M with Charge ID 100342716 was registered on 18 May 2020.

    18 May 2020

  • Director Appointment

    Prem Lata Jain was appointed as a Director was appointed as a Director on 17 Oct 2019 & has been associated with this company since 5 years 4 months .

    17 Oct 2019

  • Director Appointment

    Amit Jain was appointed as a Director was appointed as a Director on 31 Jul 2019 & has been associated with this company since 5 years 6 months .

    31 Jul 2019

Frequently asked questions

  • Hitesh Yarn Agency Private Limited was incorporated on 31 Jul 2019.

  • The authorized share capital of Hitesh Yarn Agency Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Hitesh Yarn Agency Private Limited.

    • Amit Jain
    • Hitesh Kumar Jain
    • Abhay Kumar Jain
    • Prem Lata Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitesh Yarn Agency Private Limited is Bxxiv-3103/4 Nirankari Colony Kuldeep Nagar, Sunder Nagar India, Ludhiana, Punjab, 141001.

  • The corporate identification number (CIN) of Hitesh Yarn Agency Private Limited is U51909PB2019PTC049827 and the company number is 049827 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitesh Yarn Agency Private Limited has risen by 47.41%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitesh Yarn Agency Private Limited has experienced an upsurge of 63.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitesh Yarn Agency Private Limited amount to ₹ 42.50 Cr.

  • The most recent Balance Sheet for Hitesh Yarn Agency Private Limited was filed with the ROC on 31 Mar 2023.