Hothur Ispat Profile
Key Indicators
- Authorised Capital ₹ 127.00 Cr
- Paid Up Capital ₹ 127.00 Cr
- Company Age 20 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.76 Cr
- Satisfied Charges ₹ 69.20 Cr
- Revenue Growth -62.41%
- Profit Growth -29.00%
- Ebitda -29.78%
- Net Worth 0.73%
- Total Assets 9.07%
About Hothur Ispat
Hothur Ispat Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 2004 and has a history of 20 years and four months. Its registered office is in Bellary, Karnataka, India.
The Corporate was formerly known as Hothur Iron & Steel Private Limited. The Company is engaged in the Metals And Minerals 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 127.00 Cr and a paid-up capital of Rs 127.00 Cr.
The company currently has active open charges totaling ₹51.76 Cr. The company has closed loans amounting to ₹69.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hothur Ispat Private Limited India is Sri Mamidala as COMPANY SECRETARY. Mohamad Hothur, Zarah Iqbal, Zahaan Iqbal, and Two other members serve as directors at the Company.
Company Details
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Location
Bellary, 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
U28123KA2004PTC034689
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Company No.
034689
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Sep 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Hothur Ispat Private Limited offer?
Hothur Ispat Private Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Residential Property, Residential Flats, Iron Ore Beneficiation Plant.
Who are the key members and board of directors at Hothur Ispat?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohamad Hothur
|
Managing Director | 15-Sep-2004 | Current |
| Sri Mamidala | Company Secretary | 28-Jun-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Zarah Iqbal
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Director | 20-Aug-2015 | Current |
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Zahaan Iqbal
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Director | 01-Aug-2016 | Current |
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Sharmeen Iqbal
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Director | 20-Aug-2015 | Current |
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Nadira Iqbal
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Director | 15-Sep-2004 | Current |
Financial Performance of Hothur Ispat.
Hothur Ispat Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 62.41% decrease. The company also saw a substantial fall in profitability, with a 29% decrease in profit. The company's net worth moved up by a moderate rise of 0.73%.
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What is the Ownership and Shareholding Structure of Hothur Ispat?
In 2023, Hothur Ispat had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Federation Of India Mineral IndustriesMohamad Hothur is a mutual person
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Hmi Projects Private LimitedMohamad Hothur and Nadira Iqbal are mutual person
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Grand Infrastructure Private Limited
Mohamad Hothur, Zarah Iqbal and 2 more are mutual person
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Trident Mining Co Private Limited
Mohamad Hothur is a mutual person
Charges (Loans)
₹51.76 Cr
₹69.20 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 51.27 Cr
- Axis Bank Limited : 0.49 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2019 | Axis Bank Limited | ₹4.86 M | Open |
| 30 Nov 2018 | State Bank Of India | ₹51.27 Cr | Open |
| 02 May 2005 | State Bank Of India | ₹69.20 Cr | Satisfied |
How Many Employees Work at Hothur Ispat?
Hothur Ispat has a workforce of 94 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hothur Ispat, 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 Hothur Ispat'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.
