Homag India Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 74.73 Cr
- Company Age 20 Year, 4 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 four 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29299KA2004PTC035110
- Company No.
035110
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 2004
- Date of AGM
15 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
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  | Managing Director | 22-Jul-2019 | Current |
| Bindu Bhat | Company Secretary | 28-Feb-2019 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aravind Sathyanarayanarao | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Homag India
Recent activity within the organization
- Annual General Meeting
Homag India Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
- Balance Sheet
Homag India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Aravind Nakkalahally Sathyanarayanarao was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge registered on 28 Jul 2022 via Charge ID 100623466 with Others was fully satisfied on 05 Jul 2023.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100623466 was registered on 28 Jul 2022.
- Director Appointment
Venkataramana Seshagirirao Gorti was appointed as a Managing Director was appointed as a Managing Director on 22 Jul 2019 & has been associated with this company since 5 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Homag India Private Limited?
Homag India Private Limited was incorporated on 29 Nov 2004.
What is authorized share capital and paid-up capital of Homag India Private Limited?
The authorized share capital of Homag India Private Limited is ₹ 75.00 Cr and paid-up capital is ₹ 74.73 Cr.
Who are the current board members & directors of Homag India Private Limited?
Currently 3 directors are associated with Homag India Private Limited.
- Venkataramana Seshagirirao Gorti
- Aravind Nakkalahally Sathyanarayanarao
- Bindu Narayan Bhat
What is the registered address of Homag India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Homag India Private Limited is Plot No.285 Rajadhani Industrial Park Road No.7 Kiadb 4Th Phase Dabaspet Ea, India, Billenkote Village Bangalore, Karnataka, 562111.
What is the corporate identification number (CIN) and company number of Homag India Private Limited?
The corporate identification number (CIN) of Homag India Private Limited is U29299KA2004PTC035110 and the company number is 035110 as per Ministry of Corporate Affairs (MCA).
What is the official website of Homag India Private Limited?
The Official website of Homag India Private Limited is https://www.homag.com
What has been the recent revenue trend for Homag India Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Homag India Private Limited has risen by 0.32%.
How many employees does Homag India Private Limited currently have?
As Per 2024 financial reports, 143 employees are currently employed by Homag India Private Limited.
What change has been observed in the net worth of Homag India Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Homag India Private Limited has experienced an downturn of -4.44%.
When was the last Balance Sheet of Homag India Private Limited filed with the ROC?
The most recent Balance Sheet for Homag India Private Limited was filed with the ROC on 31 Mar 2024.
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