Hiway Automobiles Private Limited

Retailer of motorcycles, mopeds, scooters, parts, and accessories with showroom and maintenance services.

2004 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated:

Hiway Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 21 Year, 10 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.14 Cr
  • Satisfied Charges ₹ 7.50 M
  • Revenue Growth 34.45%
  • Profit Growth 87.23%
  • Ebitda -345.44%
  • Net Worth 15.83%
  • Total Assets 38.69%

About Hiway Automobiles

Hiway Automobiles Private Limited (HAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 2004 and has a history of 21 years. Its registered office is in Uttar Pradesh, Uttar Pradesh.

The Company is engaged in the Automotive 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 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹2.14 Cr. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Rimjhim Agarwal, Vineet Anand, and Samrat Agrawal serve as directors at the Company.

Company Details

  • Location Uttar Pradesh, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50300UP2004PTC028399

  • Company No.

    028399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Automotive

Who are the key members and board of directors at Hiway Automobiles?

Board Members (3)

NameDesignationAppointment DateStatus
Rimjhim Agarwal Country flag representing In Director 22-Oct-2020Current
Vineet Anand Country flag representing In Director 15-Mar-2004Current
Samrat Agrawal Country flag representing In Director 15-Mar-2004Current

Financial Performance of Hiway Automobiles.

Hiway Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.45% increase. The company also saw a substantial improvement in profitability, with a 87.23% increase in profit. The company's net worth Soared by an impressive increase of 15.83%.

Hiway Automobiles revenue growth over time
Hiway Automobiles 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
34.45%
Revenue from Operations
33.99%
Total Assets
38.69%
Profit or Loss
87.23%
Net Worth
15.83%
EBITDA
-345.44%

What is the Ownership and Shareholding Structure of Hiway Automobiles?

In 2023, Hiway Automobiles 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

₹21.40 M

Satisfied Charges

₹7.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.14 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2022State Bank Of India₹1.40 MOpen
13 Jul 2004State Bank Of India₹2.00 CrOpen
23 Sep 2014Indusind Bank₹7.50 MSatisfied

How Many Employees Work at Hiway Automobiles?

Hiway Automobiles has a workforce of 42 employees as of Oct 16, 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.

Employee growth trends for Hiway Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hiway Automobiles, 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 Hiway Automobiles'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 Hiway Automobiles

Recent activity within the organization

  • Annual General Meeting

    Hiway Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hiway Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.40 M with Charge ID 100665518 was registered on 12 Dec 2022.

  • Director Appointment

    Rimjhim Agarwal was appointed as a Director was appointed as a Director on 22 Oct 2020 & has been associated with this company since 4 years 5 months .

  • Charges

    A charge with State Bank Of India of Rs. 20.00 M registered on 13 Jul 2004 with Charge ID 90280601 was modified on 30 Mar 2017.

  • Charges

    A charge registered on 23 Sep 2014 via Charge ID 10544872 with Indusind Bank was fully satisfied on 29 Jul 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Hiway Automobiles Private Limited?

    Hiway Automobiles Private Limited was incorporated on 15 Mar 2004.

  • What is authorized share capital and paid-up capital of Hiway Automobiles Private Limited?

    The authorized share capital of Hiway Automobiles Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Hiway Automobiles Private Limited?

    Currently 3 directors are associated with Hiway Automobiles Private Limited.

    • Rimjhim Agarwal
    • Vineet Anand
    • Samrat Agrawal
  • What is the registered address of Hiway Automobiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hiway Automobiles Private Limited is National Hiway No 24Dehli Road Highway Gujraula India, Uttar Pradesh.

  • What is the corporate identification number (CIN) and company number of Hiway Automobiles Private Limited?

    The corporate identification number (CIN) of Hiway Automobiles Private Limited is U50300UP2004PTC028399 and the company number is 028399 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Hiway Automobiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hiway Automobiles Private Limited has risen by 34.45%.

  • How many employees does Hiway Automobiles Private Limited currently have?

    As Per 2023 financial reports, 42 employees are currently employed by Hiway Automobiles Private Limited.

  • What change has been observed in the net worth of Hiway Automobiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hiway Automobiles Private Limited has experienced an upsurge of 15.83%.

  • What are the total open charges for Hiway Automobiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hiway Automobiles Private Limited amount to ₹ 2.14 Cr.

  • When was the last Balance Sheet of Hiway Automobiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Hiway Automobiles Private Limited was filed with the ROC on 31 Mar 2024.