Honavar Electrodes Private Limited

Manufacturer and exporter of welding electrodes, with ISO 9001 certification and facility in Thane, Maharashtra.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated:

Honavar Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.86 Cr
  • Revenue Growth 15.26%
  • Profit Growth -7.15%
  • Ebitda -3.50%
  • Net Worth 4.19%
  • Total Assets 9.79%

About Honavar Electrodes

Honavar Electrodes Private Limited (HEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 1992 and has a history of 32 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Honavar Electrodes Limited. 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company has closed loans amounting to ₹7.86 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Dinkar Honavar, Avinash Mudbhatkal, and Uday Honavar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909MH1992PTC066971

  • Company No.

    066971

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Honavar Electrodes Private Limited offer?

Honavar Electrodes Private Limited offers a wide range of products and services, including Welding Electrodes, Cast Iron Welding Rod.

Company report

Honavar Electrodes Private Limited

Explore comprehensive data for Honavar Electrodes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Honavar Electrodes?

Board Members (3)

NameDesignationAppointment DateStatus
Dinkar Honavar Country flag representing In Whole-Time Director 28-May-1992Current
Avinash Mudbhatkal Country flag representing In Whole-Time Director 01-Feb-1995Current
Uday Honavar Country flag representing In Whole-Time Director 01-Feb-1993Current

Financial Performance of Honavar Electrodes.

Honavar Electrodes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.26% increase. The company also saw a slight decrease in profitability, with a 7.15% decrease in profit. The company's net worth moved up by a moderate rise of 4.19%.

Honavar Electrodes revenue growth over time
Honavar Electrodes 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
15.26%
Revenue from Operations
15.20%
Total Assets
9.79%
Profit or Loss
-7.15%
Net Worth
4.19%
EBITDA
-3.50%

What is the Ownership and Shareholding Structure of Honavar Electrodes?

In 2023, Honavar Electrodes 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

₹0

Satisfied Charges

₹7.86 Cr

Charges Breakdown by Lending Institutions

  • The Shmrao Vithal Co-Op. Bank Ltd. : 7.86 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2002The Shmrao Vithal Co-Op. Bank Ltd.₹0.36 MSatisfied
17 Sep 2001The Shmrao Vithal Co-Op. Bank Ltd.₹0.40 MSatisfied
03 Aug 2001The Shmrao Vithal Co-Op. Bank Ltd.₹4.63 CrSatisfied
28 Jul 1998The Shmrao Vithal Co-Op. Bank Ltd.₹1.25 CrSatisfied
10 Oct 1997The Shmrao Vithal Co-Op. Bank Ltd.₹5.79 MSatisfied

How Many Employees Work at Honavar Electrodes?

Honavar Electrodes has a workforce of 55 employees as of Apr 04, 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 Honavar Electrodes Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honavar Electrodes, 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 Honavar Electrodes'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 Honavar Electrodes

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Honavar Electrodes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 31 Jan 2002 via Charge ID 90153877 with The Shmrao Vithal Co-Op. Bank Ltd. was fully satisfied on 28 Feb 2018.

  • Charges

    A charge registered on 17 Sep 2001 via Charge ID 90153839 with The Shmrao Vithal Co-Op. Bank Ltd. was fully satisfied on 28 Feb 2018.

  • Charges

    A charge registered on 15 Jul 1993 via Charge ID 90152934 with The Shmrao Vithal Co-Op. Bank Ltd. was fully satisfied on 28 Feb 2018.

  • Charges

    A charge registered on 09 Aug 1994 via Charge ID 90153040 with The Shmrao Vithal Co-Op. Bank Ltd. was fully satisfied on 07 Mar 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Honavar Electrodes Private Limited?

    Honavar Electrodes Private Limited was incorporated on 28 May 1992.

  • What is authorized share capital and paid-up capital of Honavar Electrodes Private Limited?

    The authorized share capital of Honavar Electrodes Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Honavar Electrodes Private Limited?

    Currently 3 directors are associated with Honavar Electrodes Private Limited.

    • Dinkar Shripad Honavar
    • Avinash Bhaskar Mudbhatkal
    • Uday Ramdas Honavar

  • What is the registered address of Honavar Electrodes Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honavar Electrodes Private Limited is 305-309 Damji Shamji Industirial Complex 9 L.B.S.Marg Kurla (W), India, Mumbai, Maharashtra, 400070.

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

    The corporate identification number (CIN) of Honavar Electrodes Private Limited is U31909MH1992PTC066971 and the company number is 066971 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Honavar Electrodes Private Limited?

    The Official website of Honavar Electrodes Private Limited is https://www.honavarelectrodes.net

  • What has been the recent revenue trend for Honavar Electrodes Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Honavar Electrodes Private Limited has risen by 15.26%.

  • How many employees does Honavar Electrodes Private Limited currently have?

    As Per 2023 financial reports, 55 employees are currently employed by Honavar Electrodes Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Honavar Electrodes Private Limited has experienced an upsurge of 4.19%.

  • When was the last Balance Sheet of Honavar Electrodes Private Limited filed with the ROC?

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

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