Hycon Sales Private Limited

Authorized dealer of Suzuki bikes and scooters, offering popular models and established in 2014.

2014 | Aurangabad, Maharashtra (India) | Active
Last Updated: January 13, 2025

Hycon Sales Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.25 Cr
  • Revenue Growth -23.48%
  • Profit Growth 30.73%
  • Ebitda 70.49%
  • Net Worth -13.67%
  • Total Assets -0.04%

About Hycon Sales

Hycon Sales Private Limited (HSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2014 and has a history of 11 years and one month. Its registered office is in Aurangabad, Maharashtra, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.25 Cr.

Abbas Syed and Syed Abedi serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hycon.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2014PTC251827

  • Company No.

    251827

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Hycon Sales?

Board Members (2)

NameDesignationAppointment DateStatus
Abbas Syed Country flag representing In Director 07-Jan-2014Current
Syed Abedi Country flag representing In Director 07-Jan-2014Current

Financial Performance of Hycon Sales.

Hycon Sales Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 23.48% decrease. The company also saw a substantial improvement in profitability, with a 30.73% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.67%.

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
-23.48%
Revenue from Operations
Total Assets
-0.04%
Profit or Loss
30.73%
Net Worth
-13.67%
EBITDA
70.49%

What is the Ownership and Shareholding Structure of Hycon Sales?

In 2019, Hycon Sales 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

₹12.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bombay Mercantile Co-Operative Bank Ltd : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2014Bombay Mercantile Co-Operative Bank Ltd₹1.25 CrOpen

How Many Employees Work at Hycon Sales?

Unlock and access historical data on people associated with Hycon Sales, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hycon Sales, 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 Hycon Sales'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 Hycon Sales

Recent activity within the organization

  • Annual General Meeting

    Hycon Sales Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hycon Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Bombay Mercantile Co-Operative Bank Ltd of Rs. 12.50 M registered on 15 Mar 2014 with Charge ID 10496570 was modified on 13 Aug 2015.

    13 Aug 2015

  • Charges

    A charge with Bombay Mercantile Co-Operative Bank Ltd amounted to Rs. 12.50 M with Charge ID 10496570 was registered on 15 Mar 2014.

    15 Mar 2014

  • Director Appointment

    Abbas Haider Abedi Syed was appointed as a Director was appointed as a Director on 07 Jan 2014 & has been associated with this company since 11 years 1 month .

    07 Jan 2014

  • Director Appointment

    Syed Ihtesham Hyder Abedi was appointed as a Director was appointed as a Director on 07 Jan 2014 & has been associated with this company since 11 years 1 month .

    07 Jan 2014

Frequently asked questions

  • Hycon Sales Private Limited was incorporated on 07 Jan 2014.

  • The authorized share capital of Hycon Sales Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Hycon Sales Private Limited.

    • Abbas Haider Abedi Syed
    • Syed Ihtesham Hyder Abedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hycon Sales Private Limited is Plot No. R-5 Awargaonkar Complex Beside Hotel Ajanta Ambassador, Jalna Ro Ad India, Aurangabad, Maharashtra, 431005.

  • The corporate identification number (CIN) of Hycon Sales Private Limited is U51101MH2014PTC251827 and the company number is 251827 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hycon Sales Private Limited is https://www.hycon.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hycon Sales Private Limited has fallen by -23.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hycon Sales Private Limited has experienced an downturn of -13.67%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hycon Sales Private Limited amount to ₹ 1.25 Cr.

  • The most recent Balance Sheet for Hycon Sales Private Limited was filed with the ROC on 31 Mar 2024.