Hpcl-Mittal Energy Limited

Refines crude oil and operates a petroleum refinery in Punjab.

2000 | Bathinda, Punjab (India) | Active
Last Updated: December 25, 2024

Hpcl-Mittal Energy Profile

Key Indicators

  • Authorised Capital ₹ 10,000.00 Cr
  • Paid Up Capital ₹ 8,041.14 Cr
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 53,269.00 Cr
  • Satisfied Charges ₹ 45,654.99 Cr
  • Revenue Growth 70.92%
  • Profit Growth 433.14%
  • Ebitda 477.89%
  • Net Worth 4.38%
  • Total Assets 16.89%

About Hpcl-Mittal Energy

Hpcl-Mittal Energy Limited (HEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 December 2000 and has a history of 24 years and two months. Its registered office is in Bathinda, Punjab, India.

The Corporate was formerly known as Guru Gobind Singh Refineries Limited. The Company is engaged in the Chemicals And Materials 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 10,000.00 Cr and a paid-up capital of Rs 8,041.14 Cr.

The company currently has active open charges totaling ₹53,269.00 Cr. The company has closed loans amounting to ₹45,654.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hpcl-Mittal Energy Limited India are Harak Banthia as Cfo, Sidhartha Taygi as Company Secretary, and Prabh Das as Ceo. Prabh Das, Jagjeet Bindra, Aditya Mittal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bathinda, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hmel.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23201PB2000PLC024126

  • Company No.

    024126

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 2000

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Chemicals and Materials

What products or services does Hpcl-Mittal Energy Limited offer?

Hpcl-Mittal Energy Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, PP Granules, Insecticides and Pesticides, Fungicides, Petroleum Coke, Aviation Fuels, Gas Cylinders, LPG Cylinders, Oils, Grease & Lubricants, Grease.

Who are the key members and board of directors at Hpcl-Mittal Energy?

Executive Team (3)

NameDesignationAppointment DateStatus
Prabh Das Country flag representing In Managing Director01-Apr-2011Current
Harak Banthia Country flag representing In CFO09-Sep-2014Current
Sidhartha Taygi Country flag representing In Company Secretary29-Nov-2001Current

Board Members (7)

NameDesignationAppointment DateStatus
Rajan Tandon Country flag representing Gb Director 03-Jul-2009Current
Aditya Mittal Country flag representing In Director 19-Jul-2016Current
Jagjeet Bindra Country flag representing Us Director 09-Jan-2018Current
Asha Kaul Country flag representing In Director 24-Dec-2020Current
Rajneesh Narang Country flag representing In Director 01-Jul-2021Current
Amit Garg Country flag representing In Additional Director 01-Sep-2024Current

Financial Performance of Hpcl-Mittal Energy.

Hpcl-Mittal Energy Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 70.92% increase. The company also saw a substantial improvement in profitability, with a 433.14% increase in profit. The company's net worth moved up by a moderate rise of 4.38%.

Graph illustrating revenue growth over time
Graph showing 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
70.92%
Revenue from Operations
73.11%
Total Assets
16.89%
Profit or Loss
433.14%
Net Worth
4.38%
EBITDA
477.89%

What is the Ownership and Shareholding Structure of Hpcl-Mittal Energy?

In 2022, Hpcl-Mittal Energy had a promoter holding of 97.98% and a public holding of 2.01%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹53,269.00 Cr

Satisfied Charges

₹45,654.99 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 51769.00 Cr
  • Bank Of India : 1000.00 Cr
  • Axis Bank Limited : 500.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Axis Bank Limited₹500.00 CrOpen
05 Feb 2024Sbicap Trustee Company Limited₹10,145.00 CrOpen
27 Sep 2022Bank Of India₹1,000.00 CrOpen
31 Jul 2021Sbicap Trustee Company Limited₹2,500.00 CrOpen
26 Mar 2021Sbicap Trustee Company Limited₹1,000.00 CrOpen

How Many Employees Work at Hpcl-Mittal Energy?

Hpcl-Mittal Energy has a workforce of 2016 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hpcl-Mittal Energy, 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 Hpcl-Mittal Energy'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 Hpcl-Mittal Energy

Recent activity within the organization

  • Director Appointment

    Amit Garg was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2024 & has been associated with this company since 5 months 21 days .

    01 Sep 2024

  • Annual General Meeting

    Hpcl-Mittal Energy Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

    22 Aug 2024

  • Balance Sheet

    Hpcl-Mittal Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 890.00 Cr registered on 15 Jun 2020 with Charge ID 100342724 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 3,750.00 Cr registered on 16 Mar 2019 with Charge ID 100249273 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 500.00 Cr with Charge ID 100899672 was registered on 27 Mar 2024.

    27 Mar 2024

Frequently asked questions

  • Hpcl-Mittal Energy Limited was incorporated on 13 Dec 2000.

  • The authorized share capital of Hpcl-Mittal Energy Limited is ₹ 10,000.00 Cr and paid-up capital is ₹ 8,041.14 Cr.

  • Currently 11 directors are associated with Hpcl-Mittal Energy Limited.

    • Prabh Das
    • Jagjeet Singh Bindra
    • Aditya Mittal
    • Rajan Tandon
    • Asha Kaul
    • Rajneesh Narang
    • Amit Garg
    • Bharathan Shunmugavel
    • Harak Chand Banthia
    • Sidhartha Taygi
    • Prabh Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hpcl-Mittal Energy Limited is Village Phulokhari Talukatalwandi Saboo India, Bhatinda, Punjab, 151301.

  • The corporate identification number (CIN) of Hpcl-Mittal Energy Limited is U23201PB2000PLC024126 and the company number is 024126 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hpcl-Mittal Energy Limited is https://www.hmel.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hpcl-Mittal Energy Limited has risen by 70.92%.

  • As Per 2022 financial reports, 2016 employees are currently employed by Hpcl-Mittal Energy Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hpcl-Mittal Energy Limited has experienced an upsurge of 4.38%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hpcl-Mittal Energy Limited amount to ₹ 53,269.00 Cr.

  • The most recent Balance Sheet for Hpcl-Mittal Energy Limited was filed with the ROC on 31 Mar 2024.

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