Hpcl-Mittal Pipelines Limited

Manufactures and constructs crude oil terminals and pipelines, with multiple locations.

2008 | Bathinda, Punjab (India) | Active
Last Updated:

Hpcl-Mittal Pipelines Profile

Key Indicators

  • Authorised Capital ₹ 1,400.00 Cr
  • Paid Up Capital ₹ 1,223.00 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 10,893.60 Cr
  • Revenue Growth -2.00%
  • Profit Growth -46.99%
  • Ebitda -19.84%
  • Net Worth -3.41%
  • Total Assets -18.05%

About Hpcl-Mittal Pipelines

Hpcl-Mittal Pipelines Limited (HPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 January 2008 and has a history of 17 years and three months. Its registered office is in Bathinda, Punjab, India.

The Company is engaged in the Energy And Power 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 1,400.00 Cr and a paid-up capital of Rs 1,223.00 Cr.

The company has closed loans amounting to ₹10,893.60 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hpcl-Mittal Pipelines Limited India are Harak Banthia as CFO and Alok Seth as Company Secretary. Prabh Das, Rajan Tandon, Asha Kaul, and One other member serve as directors at the Company.

Company Details

  • Location

    Bathinda, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U60101PB2008PLC031563

  • Company No.

    031563

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2008

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Energy and Power

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

Hpcl-Mittal Pipelines Limited offers a wide range of products and services, including Warehousing Management Services, Procurement Services, Dental Products, PET Granules & Plastic Raw Material, PP Granules, Petroleum Coke, Aviation Fuels, Fuel Gas, Liquefied Petroleum Gas, Fungicides.

Company report

Hpcl-Mittal Pipelines Limited

Explore comprehensive data for Hpcl-Mittal Pipelines Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Prabh Das Country flag representing In Managing Director01-Jun-2011Current
Harak Banthia Country flag representing In CFO01-Apr-2014Current
Alok Seth Company Secretary03-Aug-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajan Tandon Country flag representing Gb Director 07-Jan-2008Current
Asha Kaul Country flag representing In Director 24-Dec-2020Current
Rajneesh Narang Country flag representing In Director 01-Jul-2021Current

Financial Performance of Hpcl-Mittal Pipelines.

Hpcl-Mittal Pipelines Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2% decrease. The company also saw a substantial fall in profitability, with a 46.99% decrease in profit. The company's net worth dipped by a decrease of 3.41%.

Hpcl-Mittal Pipelines revenue growth over time
Hpcl-Mittal Pipelines 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
-2.00%
Revenue from Operations
-2.53%
Total Assets
-18.05%
Profit or Loss
-46.99%
Net Worth
-3.41%
EBITDA
-19.84%

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

In 2023, Hpcl-Mittal Pipelines 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

₹10,893.60 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 7141.00 Cr
  • Sbicap Trustee Company Limited : 3752.60 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jun 2023Sbicap Trustee Company Limited₹657.60 CrSatisfied
03 Dec 2019Sbicap Trustee Company Limited₹1,216.57 CrSatisfied
19 Mar 2018Canara Bank₹200.00 CrSatisfied
30 Dec 2014Sbicap Trustee Company Limited₹1,673.43 CrSatisfied
09 Nov 2012Sbicap Trustee Company Limited₹5.00 CrSatisfied

How Many Employees Work at Hpcl-Mittal Pipelines?

Hpcl-Mittal Pipelines has a workforce of 97 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.

Employee growth trends for Hpcl-Mittal Pipelines Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 01 Jun 2023 via Charge ID 100724426 with Sbicap Trustee Company Limited was fully satisfied on 06 Jun 2024.

  • Balance Sheet

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

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 657.60 Cr with Charge ID 100724426 was registered on 01 Jun 2023.

  • Charges

    A charge registered on 03 Dec 2019 via Charge ID 100309919 with Sbicap Trustee Company Limited was fully satisfied on 18 Apr 2023.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 1,216.57 Cr registered on 03 Dec 2019 with Charge ID 100309919 was modified on 06 Mar 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Hpcl-Mittal Pipelines Limited?

    Hpcl-Mittal Pipelines Limited was incorporated on 07 Jan 2008.

  • What is authorized share capital and paid-up capital of Hpcl-Mittal Pipelines Limited?

    The authorized share capital of Hpcl-Mittal Pipelines Limited is ₹ 1,400.00 Cr and paid-up capital is ₹ 1,223.00 Cr.

  • Who are the current board members & directors of Hpcl-Mittal Pipelines Limited?

    Currently 6 directors are associated with Hpcl-Mittal Pipelines Limited.

    • Prabh Das
    • Rajan Tandon
    • Asha Kaul
    • Harak Chand Banthia
    • Alok Seth
    • Rajneesh Narang

  • What is the registered address of Hpcl-Mittal Pipelines Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hpcl-Mittal Pipelines Limited is Village Phulokhari Taluka Talwandi Saboo India, Bathinda, Punjab, 151301.

  • What is the corporate identification number (CIN) and company number of Hpcl-Mittal Pipelines Limited?

    The corporate identification number (CIN) of Hpcl-Mittal Pipelines Limited is U60101PB2008PLC031563 and the company number is 031563 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hpcl-Mittal Pipelines Limited?

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

  • What has been the recent revenue trend for Hpcl-Mittal Pipelines Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hpcl-Mittal Pipelines Limited has fallen by -2.00%.

  • How many employees does Hpcl-Mittal Pipelines Limited currently have?

    As Per 2023 financial reports, 97 employees are currently employed by Hpcl-Mittal Pipelines Limited.

  • What change has been observed in the net worth of Hpcl-Mittal Pipelines Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hpcl-Mittal Pipelines Limited has experienced an downturn of -3.41%.

  • When was the last Balance Sheet of Hpcl-Mittal Pipelines Limited filed with the ROC?

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

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