Hitze Boilers Private Limited

Manufacturer of boilers, heaters, and pressure vessels for various industries.

2011 | Tumkur, Karnataka (India) | Active
Last Updated: October 24, 2024

Hitze Boilers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.07 Cr
  • Satisfied Charges ₹ 3.61 Cr
  • Revenue Growth 88.49%
  • Profit Growth 25.31%
  • Ebitda 12.36%
  • Net Worth 6.70%
  • Total Assets 27.22%

About Hitze Boilers

Hitze Boilers Private Limited (HBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 June 2011 and has a history of 13 years and eight months. Its registered office is in Tumkur, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹5.07 Cr. The company has closed loans amounting to ₹3.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gopalakrishnan Purushothaman, Guruprasad Santur, and Rahul Rao serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hitze.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40300KA2011PTC058906

  • Company No.

    058906

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Hitze Boilers Private Limited offer?

Hitze Boilers Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Steam Boilers, Heater, Thermostat & Heating Devices, Heater & Heating Components, Industrial Heaters, Boiler, Horizontal Steam Boiler, Chemical Reactors and Process Tanks, Pressure Vessels, Industrial Boilers.

Who are the key members and board of directors at Hitze Boilers?

Board Members (3)

NameDesignationAppointment DateStatus
Rahul Rao Country flag representing In Director 07-Aug-2012Current
Gopalakrishnan Purushothaman Country flag representing In Director 01-Jun-2011Current
Guruprasad Santur Country flag representing In Director 01-Jun-2011Current

Financial Performance of Hitze Boilers.

Hitze Boilers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.49% increase. The company also saw a substantial improvement in profitability, with a 25.31% increase in profit. The company's net worth moved up by a moderate rise of 6.7%.

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
88.49%
Revenue from Operations
89.09%
Total Assets
27.22%
Profit or Loss
25.31%
Net Worth
6.70%
EBITDA
12.36%

What is the Ownership and Shareholding Structure of Hitze Boilers?

In 2023, Hitze Boilers had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.70 M

Satisfied Charges

₹36.07 M

Charges Breakdown by Lending Institutions

  • Others : 4.63 Cr
  • Dhanlaxmi Bank Limited : 0.23 Cr
  • Hdfc Bank Limited : 0.12 Cr
  • Axis Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2023Others₹3.13 CrOpen
25 Jul 2023Axis Bank Limited₹0.93 MOpen
19 Jul 2023Others₹1.50 CrOpen
26 May 2023Hdfc Bank Limited₹1.16 MOpen
29 Aug 2022Dhanlaxmi Bank Limited₹2.33 MOpen

How Many Employees Work at Hitze Boilers?

Hitze Boilers has a workforce of 15 employees as of Apr 02, 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 Hitze Boilers, 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 Hitze Boilers'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 Hitze Boilers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 31.28 M with Charge ID 100774962 was registered on 04 Sep 2023.

    04 Sep 2023

  • Charges

    A charge with Others of Rs. 31.28 M registered on 04 Sep 2023 with Charge ID 100774962 was modified on 04 Sep 2023.

    04 Sep 2023

  • Charges

    A charge registered on 12 Nov 2020 via Charge ID 100388752 with Axis Bank Limited was fully satisfied on 26 Aug 2023.

    26 Aug 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.93 M with Charge ID 100756298 was registered on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100749282 was registered on 19 Jul 2023.

    19 Jul 2023

Frequently asked questions

  • Hitze Boilers Private Limited was incorporated on 01 Jun 2011.

  • The authorized share capital of Hitze Boilers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Hitze Boilers Private Limited.

    • Gopalakrishnan Embrandiri Purushothaman
    • Guruprasad Rao Santur
    • Rahul Purushotham Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitze Boilers Private Limited is Plot No 52 And 53 Kiadb Industrial Area Kallanayakanahalli, Hutridurga Hobli India, Kunigal Taluk, Karnataka, 572130.

  • The corporate identification number (CIN) of Hitze Boilers Private Limited is U40300KA2011PTC058906 and the company number is 058906 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hitze Boilers Private Limited is https://www.hitze.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitze Boilers Private Limited has risen by 88.49%.

  • As Per 2023 financial reports, 15 employees are currently employed by Hitze Boilers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitze Boilers Private Limited has experienced an upsurge of 6.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitze Boilers Private Limited amount to ₹ 5.07 Cr.

  • The most recent Balance Sheet for Hitze Boilers Private Limited was filed with the ROC on 31 Mar 2023.