Hutch India Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.30 Cr
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.88 Cr
- Satisfied Charges ₹ 27.68 Cr
- Revenue Growth 9.76%
- Profit Growth -60.06%
- Ebitda -31.23%
- Net Worth 5.94%
- Total Assets 1.61%
About Hutch India
Hutch India Private Limited (HIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 2003 and has a history of 21 years and four months. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 3.50 Cr and a paid-up capital of Rs 3.30 Cr.
The company currently has active open charges totaling ₹56.88 Cr. The company has closed loans amounting to ₹27.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pratibha Agarwal and Siddharth Agarwal serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U17111GJ2003PTC082931
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Company No.
082931
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Sep 2003
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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 Ahmedabad
Industry
What products or services does Hutch India Private Limited offer?
Hutch India Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Panel Mounting Structure, Steel Pipes and Tubes, Square Pipes, ERW Pipes.
Who are the key members and board of directors at Hutch India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Agarwal
|
Director | 01-Apr-2013 | Current |
|
Pratibha Agarwal
|
Director | 01-Apr-2013 | Current |
Financial Performance of Hutch India.
Hutch India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.76% increase. The company also saw a substantial fall in profitability, with a 60.06% decrease in profit. The company's net worth moved up by a moderate rise of 5.94%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Hutch India?
In 2023, Hutch India had a promoter holding of 99.94% and a public holding of 0.06%. 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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Hutch Industries Private LimitedPratibha Agarwal and Siddharth Agarwal are mutual person
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Hutch Steel Private Limited
Siddharth Agarwal is a mutual person
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Soham Synthetics Private Limited
Siddharth Agarwal is a mutual person
Charges (Loans)
₹56.88 Cr
₹27.68 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 56.20 Cr
- Axis Bank Limited : 0.68 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2023 | Axis Bank Limited | ₹6.80 M | Open |
| 18 Dec 2020 | Standard Chartered Bank | ₹1.90 Cr | Open |
| 04 Feb 2020 | Standard Chartered Bank | ₹28.10 Cr | Open |
| 19 Jul 2019 | Standard Chartered Bank | ₹26.20 Cr | Open |
| 23 Nov 2013 | Oriental Bank Of Commerce | ₹5.60 Cr | Satisfied |
How Many Employees Work at Hutch India?
Hutch India has a workforce of 31 employees as of Mar 23, 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 Hutch India, 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 Hutch India'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.
