Hothur Ispat Private Limited

Produces sponge iron as part of Hothur Group's operations.

2004 | Bellary, Karnataka (India) | Active
Last Updated:

Hothur Ispat Profile

Key Indicators

  • Authorised Capital ₹ 127.00 Cr
  • Paid Up Capital ₹ 127.00 Cr
  • Company Age 20 Year, 5 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 five 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

  • Location

    Bellary, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hothurindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28123KA2004PTC034689

  • Company No.

    034689

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

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)

NameDesignationAppointment DateStatus
Mohamad Hothur Country flag representing In Managing Director15-Sep-2004Current
Sri Mamidala Company Secretary28-Jun-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Zarah Iqbal Country flag representing In Director 20-Aug-2015Current
Zahaan Iqbal Country flag representing In Director 01-Aug-2016Current
Sharmeen Iqbal Country flag representing In Director 20-Aug-2015Current
Nadira Iqbal Country flag representing In Director 15-Sep-2004Current

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%.

Hothur Ispat revenue growth over time
Hothur Ispat 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
-62.41%
Revenue from Operations
-62.46%
Total Assets
9.07%
Profit or Loss
-29.00%
Net Worth
0.73%
EBITDA
-29.78%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.76 Cr

Satisfied Charges

₹69.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 51.27 Cr
  • Axis Bank Limited : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jul 2019Axis Bank Limited₹4.86 MOpen
30 Nov 2018State Bank Of India₹51.27 CrOpen
02 May 2005State Bank Of India₹69.20 CrSatisfied

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.

Employee growth trends for Hothur Ispat Private Limited

Deals i

Graph showing company valuation over time

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

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 Hothur Ispat

Recent activity within the organization

  • Annual General Meeting

    Hothur Ispat Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Hothur Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India of Rs. 51.27 Cr registered on 30 Nov 2018 with Charge ID 100245568 was modified on 30 Mar 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.49 Cr with Charge ID 100287557 was registered on 17 Jul 2019.

  • Charges

    A charge with State Bank Of India amounted to Rs. 51.27 Cr with Charge ID 100245568 was registered on 30 Nov 2018.

  • Charges

    A charge registered on 02 May 2005 via Charge ID 90194613 with State Bank Of India was fully satisfied on 01 Feb 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Hothur Ispat Private Limited?

    Hothur Ispat Private Limited was incorporated on 15 Sep 2004.

  • What is authorized share capital and paid-up capital of Hothur Ispat Private Limited?

    The authorized share capital of Hothur Ispat Private Limited is ₹ 127.00 Cr and paid-up capital is ₹ 127.00 Cr.

  • Who are the current board members & directors of Hothur Ispat Private Limited?

    Currently 6 directors are associated with Hothur Ispat Private Limited.

    • Mohamad Iqbal Hothur
    • Zarah Iqbal
    • Sri Gayathri Mamidala
    • Zahaan Mohamad Iqbal
    • Sharmeen Iqbal
    • Nadira Iqbal

  • What is the registered address of Hothur Ispat Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hothur Ispat Private Limited is Sy.No.283/283A Hothur Estates Nh-63 Hospet Road Veniveerapur Village, India, Bellary, Karnataka, 583115.

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

    The corporate identification number (CIN) of Hothur Ispat Private Limited is U28123KA2004PTC034689 and the company number is 034689 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hothur Ispat Private Limited?

    The Official website of Hothur Ispat Private Limited is https://www.hothurindia.com

  • What has been the recent revenue trend for Hothur Ispat Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hothur Ispat Private Limited has fallen by -62.41%.

  • How many employees does Hothur Ispat Private Limited currently have?

    As Per 2023 financial reports, 94 employees are currently employed by Hothur Ispat Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Hothur Ispat Private Limited has experienced an upsurge of 0.73%.

  • What are the total open charges for Hothur Ispat Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hothur Ispat Private Limited amount to ₹ 51.76 Cr.

  • When was the last Balance Sheet of Hothur Ispat Private Limited filed with the ROC?

    The most recent Balance Sheet for Hothur Ispat Private Limited was filed with the ROC on 31 Mar 2023.

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