Hitkari Packaging Private Limited

Manufacturer of corrugated materials and packaging products for various industries.

1987 | Vadodara, Gujarat (India) | Under Liquidation
Last Updated: April 20, 2024

Hitkari Packaging Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 9.00 M
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 8.51 Cr
  • Satisfied Charges ₹ 3.40 Cr
  • Revenue Growth -30.06%
  • Profit Growth -5.20%
  • Ebitda -19.98%
  • Net Worth -4.13%
  • Total Assets 22.88%

About Hitkari Packaging

Hitkari Packaging Private Limited (HPPL) is Under Liquidation company established on 12 Oct 1987 with its office registered at Vadodara, Gujarat, India and has been running since 37 Year, 3 Months with a paid up capital of 9.00 M. According to MCA records, 2 Directors are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74950GJ1987PTC010045

  • Company No.

    010045

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Oct 1987

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

Who are the key members and board of directors at Hitkari Packaging?

Executive Team (1)

NameDesignationAppointment DateStatus
Gursharan Sethi Country flag representing In Managing Director20-Oct-1987Current

Board Members (1)

NameDesignationAppointment DateStatus
Harjas Sethi Country flag representing In Whole-Time Director 01-Nov-2001Current

Financial Performance of Hitkari Packaging.

Hitkari Packaging Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 30.06% decrease. The company also saw a slight decrease in profitability, with a 5.2% decrease in profit. The company's net worth dipped by a decrease of 4.13%.

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
-30.06%
Revenue from Operations
Total Assets
22.88%
Profit or Loss
-5.20%
Net Worth
-4.13%
EBITDA
-19.98%

What is the Ownership and Shareholding Structure of Hitkari Packaging?

In 2021, Hitkari Packaging had a promoter holding of 73.33% and a public holding of 26.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.10 M

Satisfied Charges

₹34.00 M

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 8.36 Cr
  • Kotak Mahindra Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
19 Dec 2010Kotak Mahindra Bank Limited₹1.50 MOpen
29 Mar 2008Allahabad Bank₹4.18 CrOpen
04 Mar 2008Allahabad Bank₹4.18 CrOpen
12 May 2003State Bank Of India₹1.70 CrSatisfied
03 Mar 1998State Bank Of India₹1.70 CrSatisfied

How Many Employees Work at Hitkari Packaging?

Hitkari Packaging has a workforce of 0 employees as of Mar 30, 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 Hitkari Packaging, 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 Hitkari Packaging'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 Hitkari Packaging

Recent activity within the organization

  • Annual General Meeting

    Hitkari Packaging Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Hitkari Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • Charges

    A charge with Allahabad Bank of Rs. 41.80 M registered on 04 Mar 2008 with Charge ID 10094500 was modified on 03 Jan 2013.

    03 Jan 2013

  • Charges

    A charge with Allahabad Bank of Rs. 41.80 M registered on 29 Mar 2008 with Charge ID 10094502 was modified on 02 Jan 2013.

    02 Jan 2013

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 1.50 M with Charge ID 10260124 was registered on 19 Dec 2010.

    19 Dec 2010

  • Charges

    A charge with Allahabad Bank amounted to Rs. 41.80 M with Charge ID 10094502 was registered on 29 Mar 2008.

    29 Mar 2008

Frequently asked questions

  • Hitkari Packaging Private Limited was incorporated on 12 Oct 1987.

  • The authorized share capital of Hitkari Packaging Private Limited is ₹ 9.00 M and paid-up capital is ₹ 9.00 M.

  • Currently 2 directors are associated with Hitkari Packaging Private Limited.

    • Gursharan Singh Amarsingh Sethi
    • Harjas Gursharansingh Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitkari Packaging Private Limited is 339-340 Gidc Estate, Waghodia, Vadodara, Gujarat, India, 391760.

  • The corporate identification number (CIN) of Hitkari Packaging Private Limited is U74950GJ1987PTC010045 and the company number is 010045 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Hitkari Packaging Private Limited has fallen by -30.06%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Hitkari Packaging Private Limited has experienced an downturn of -4.13%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Hitkari Packaging Private Limited amount to ₹ 8.51 Cr.

  • The most recent Balance Sheet for Hitkari Packaging Private Limited was filed with the ROC on 31 Mar 2021.