Homag India Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 74.73 Cr
- Company Age 20 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 41.67 Cr
- Revenue Growth 0.32%
- Profit Growth 78.90%
- Ebitda 816.79%
- Net Worth -4.44%
- Total Assets -9.34%
About Homag India
Homag India Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 2004 and has a history of 20 years and two months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 75.00 Cr and a paid-up capital of Rs 74.73 Cr.
The company has closed loans amounting to ₹41.67 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Homag India Private Limited India is Bindu Bhat as COMPANY SECRETARY. Venkataramana Gorti and Aravind Sathyanarayanarao serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29299KA2004PTC035110
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Company No.
035110
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Nov 2004
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Date of AGM
15 Nov 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Homag India Private Limited offer?
Homag India Private Limited offers a wide range of products and services, including Woodworking Tools & Machines, Wood Working Machines, Saws, Chainsaws and Saw Blades, Sawing Machines, Drilling & Boring Equipment, Boring Machine, Software Development Services, Accounting & Billing Software, Cost Estimation Software, ERP Packages.
Who are the key members and board of directors at Homag India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkataramana Gorti
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Managing Director | 22-Jul-2019 | Current |
| Bindu Bhat | Company Secretary | 28-Feb-2019 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Aravind Sathyanarayanarao
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Director | 30-Jan-2024 | Current |
Financial Performance of Homag India.
Homag India Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 0.32% increase. The company also saw a substantial improvement in profitability, with a 78.9% increase in profit. The company's net worth dipped by a decrease of 4.44%.
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What is the Ownership and Shareholding Structure of Homag India?
In 2024, Homag India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹41.67 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 20.37 Cr
- Hdfc Bank Limited : 15.50 Cr
- Industrial Development Bank Of India Ltd. : 5.30 Cr
- Others : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2022 | Others | ₹5.00 M | Satisfied |
| 17 Apr 2009 | State Bank Of India | ₹2.87 Cr | Satisfied |
| 17 Apr 2009 | State Bank Of India | ₹2.00 Cr | Satisfied |
| 17 Apr 2009 | State Bank Of India | ₹15.50 Cr | Satisfied |
| 31 May 2006 | Hdfc Bank Limited | ₹15.50 Cr | Satisfied |
How Many Employees Work at Homag India?
Homag India has a workforce of 143 employees as of Feb 01, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Homag India, 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 Homag India's trajectory.
Rating
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
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.
