Hitro Energy Solutions Private Limited

This company manufactures and trades LED lighting products for clients in India and abroad.

2014 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Hitro Energy Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 11 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.48 Cr
  • Revenue Growth -82.00%
  • Profit Growth 0.68%
  • Ebitda 83.90%
  • Net Worth -109.27%
  • Total Assets -1.94%

About Hitro Energy Solutions

Hitro Energy Solutions Private Limited (HESPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 January 2014 and has a history of 11 years. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 4.90 M.

The company currently has active open charges totaling ₹2.48 Cr.

Nirmala Rangachari and Nadathur Rangachari serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29248TN2014PTC094732

  • Company No.

    094732

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Hitro Energy Solutions?

Board Members (2)

Name Designation Appointment Date Status
Nirmala Rangachari Country flag representing In Director 28-Jan-2014 Current
Nadathur Rangachari Country flag representing In Director 28-Jan-2014 Current

Financial Performance of Hitro Energy Solutions.

Hitro Energy Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82% decrease. The company also saw a slight improvement in profitability, with a 0.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 109.27%.

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
-82.00%
Revenue from Operations
-82.00%
Total Assets
-1.94%
Profit or Loss
0.68%
Net Worth
-109.27%
EBITDA
83.90%

What is the Ownership and Shareholding Structure of Hitro Energy Solutions?

In 2023, Hitro Energy Solutions 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

₹24.82 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.48 Cr

Latest Charge Details

Date Lender Amount Status
28 May 2021 Indian Bank ₹2.48 Cr Open

How Many Employees Work at Hitro Energy Solutions?

Unlock and access historical data on people associated with Hitro Energy Solutions, 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 Hitro Energy Solutions, 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 Hitro Energy Solutions'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 Hitro Energy Solutions

Recent activity within the organization

  • Annual General Meeting

    Hitro Energy Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hitro Energy Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 24.82 M with Charge ID 100457583 was registered on 28 May 2021.

    28 May 2021

  • Director Appointment

    Nirmala Rangachari was appointed as a Director was appointed as a Director on 28 Jan 2014 & has been associated with this company since 11 years 4 days .

    28 Jan 2014

  • Director Appointment

    Nadathur Sundaravaradan Rangachari was appointed as a Director was appointed as a Director on 28 Jan 2014 & has been associated with this company since 11 years 4 days .

    28 Jan 2014

  • Company Incorporation

    Hitro Energy Solutions Private Limited was registered on 28 Jan 2014 with Roc Chennai & aged 11 years 4 days as per MCA records.

    28 Jan 2014

Frequently asked questions

  • Hitro Energy Solutions Private Limited was incorporated on 28 Jan 2014.

  • The authorized share capital of Hitro Energy Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.90 M.

  • Currently 2 directors are associated with Hitro Energy Solutions Private Limited.

    • Nirmala Rangachari
    • Nadathur Sundaravaradan Rangachari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitro Energy Solutions Private Limited is Plot No. 11 A Manavalan Nagar, Sembakkam India, Tambaram, Tamil Nadu, 600073.

  • The corporate identification number (CIN) of Hitro Energy Solutions Private Limited is U29248TN2014PTC094732 and the company number is 094732 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hitro Energy Solutions Private Limited is https://www.hitroenergy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitro Energy Solutions Private Limited has fallen by -82.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitro Energy Solutions Private Limited has experienced an downturn of -109.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitro Energy Solutions Private Limited amount to ₹ 2.48 Cr.

  • The most recent Balance Sheet for Hitro Energy Solutions Private Limited was filed with the ROC on 31 Mar 2023.