Hwaseung Materials (India) Private Limited

Manufactures auto components - rubberized strips and hoses, with 15000 MT capacity.

2007 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Hwaseung Materials (India) Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 45.51 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.16 Cr
  • Satisfied Charges ₹ 94.90 Cr
  • Revenue Growth 20.25%
  • Profit Growth -41.08%
  • Ebitda -18.06%
  • Net Worth 4.70%
  • Total Assets 1.92%

About Hwaseung Materials (India)

Hwaseung Materials (India) Private Limited (HMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 2007 and has a history of 17 years and seven months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Automotive 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 50.00 Cr and a paid-up capital of Rs 45.51 Cr.

The company currently has active open charges totaling ₹30.16 Cr. The company has closed loans amounting to ₹94.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kwan Jeung, Heesoo Woo, and Heo Ryong serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hsmi.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25190TN2007PTC064268

  • Company No.

    064268

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jul 2007

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Hwaseung Materials (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Kwan Jeung Country flag representing Kr Managing Director27-May-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Heesoo Woo Additional Director 17-Sep-2024Current
Heo Ryong Country flag representing Kr Director 20-May-2016Current

Financial Performance of Hwaseung Materials (India).

Hwaseung Materials (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.25% increase. The company also saw a substantial fall in profitability, with a 41.08% decrease in profit. The company's net worth moved up by a moderate rise of 4.7%.

Hwaseung Materials (India) revenue growth over time
Hwaseung Materials (India) 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
20.25%
Revenue from Operations
20.29%
Total Assets
1.92%
Profit or Loss
-41.08%
Net Worth
4.70%
EBITDA
-18.06%

What is the Ownership and Shareholding Structure of Hwaseung Materials (India)?

In 2023, Hwaseung Materials (India) 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

₹30.16 Cr

Satisfied Charges

₹94.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.66 Cr
  • 3I Infotech Trusteeship Services Limited : 13.50 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2019Others₹16.66 CrOpen
05 Jul 20083I Infotech Trusteeship Services Limited₹13.50 CrOpen
02 Feb 2011Indusind Bank Ltd₹18.40 CrSatisfied
01 Feb 2011Indusind Bank Limited₹7.00 CrSatisfied
17 Jul 2009Syndicate Bank₹29.50 CrSatisfied

How Many Employees Work at Hwaseung Materials (India)?

Hwaseung Materials (India) has a workforce of 96 employees as of Apr 01, 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 Hwaseung Materials (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hwaseung Materials (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 Hwaseung Materials (India)'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 Hwaseung Materials (India)

Recent activity within the organization

  • Director Appointment

    Heesoo Woo was appointed as a Additional Director was appointed as a Additional Director on 17 Sep 2024 & has been associated with this company since 5 months 13 days .

  • Annual General Meeting

    Hwaseung Materials (India) Private Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Hwaseung Materials (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Others of Rs. 16.66 Cr registered on 20 Sep 2019 with Charge ID 100299295 was modified on 09 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 16.66 Cr with Charge ID 100299295 was registered on 20 Sep 2019.

  • Charges

    A charge registered on 02 Feb 2011 via Charge ID 10265475 with Indusind Bank Ltd was fully satisfied on 09 Mar 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Hwaseung Materials (India) Private Limited?

    Hwaseung Materials (India) Private Limited was incorporated on 18 Jul 2007.

  • What is authorized share capital and paid-up capital of Hwaseung Materials (India) Private Limited?

    The authorized share capital of Hwaseung Materials (India) Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 45.51 Cr.

  • Who are the current board members & directors of Hwaseung Materials (India) Private Limited?

    Currently 3 directors are associated with Hwaseung Materials (India) Private Limited.

    • Kwan Seob Jeung
    • Heesoo Woo
    • Heo Sung Ryong

  • What is the registered address of Hwaseung Materials (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hwaseung Materials (India) Private Limited is C/O. Hsi Automotives Limited Survey No.73 A Block 100 Thandalam Post, Mevalurkuppam India, Sriperumpudur, Tamil Nadu, 602105.

  • What is the corporate identification number (CIN) and company number of Hwaseung Materials (India) Private Limited?

    The corporate identification number (CIN) of Hwaseung Materials (India) Private Limited is U25190TN2007PTC064268 and the company number is 064268 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hwaseung Materials (India) Private Limited?

    The Official website of Hwaseung Materials (India) Private Limited is https://www.hsmi.in

  • What has been the recent revenue trend for Hwaseung Materials (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hwaseung Materials (India) Private Limited has risen by 20.25%.

  • How many employees does Hwaseung Materials (India) Private Limited currently have?

    As Per 2023 financial reports, 96 employees are currently employed by Hwaseung Materials (India) Private Limited.

  • What change has been observed in the net worth of Hwaseung Materials (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hwaseung Materials (India) Private Limited has experienced an upsurge of 4.70%.

  • What are the total open charges for Hwaseung Materials (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hwaseung Materials (India) Private Limited amount to ₹ 30.16 Cr.

  • When was the last Balance Sheet of Hwaseung Materials (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Hwaseung Materials (India) Private Limited was filed with the ROC on 31 Mar 2024.

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