Hym Drive Systems Private Limited

Manufactures hub motors for E-bikes, serving automobile and motorcycle industries.

2022 | Ludhiana, Punjab (India) | Active
Last Updated:

Hym Drive Systems Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 32.00 Cr
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 222.44%
  • Profit Growth -194.51%
  • Ebitda -61.37%
  • Net Worth -10.22%
  • Total Assets 6.98%

About Hym Drive Systems

Hym Drive Systems Private Limited (HDSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 18 February 2022 (Three years and two months 8 days old ). Its registered office is in Ludhiana, Punjab, 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 32.00 Cr and a paid-up capital of Rs 32.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hym Drive Systems Private Limited India are Neeraj Saxena as CFO and Prerna Joshi as Company Secretary. Amit Gupta, Abhishek Munjal, and Anil Rathi serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U35999PB2022PTC055274

  • Company No.

    055274

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2022

  • Date of AGM

    27 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive
Company report

Hym Drive Systems Private Limited

Explore comprehensive data for Hym Drive Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hym Drive Systems?

Executive Team (2)

NameDesignationAppointment DateStatus
Neeraj Saxena CFO01-Jul-2022Current
Prerna Joshi Company Secretary01-Jul-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Amit Gupta Country flag representing In Director 18-Feb-2022Current
Abhishek Munjal Country flag representing In Director 18-Feb-2022Current
Anil Rathi Country flag representing In Director 18-Feb-2022Current

Financial Performance of Hym Drive Systems.

Hym Drive Systems Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 222.44% increase. The company also saw a substantial fall in profitability, with a 194.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.22%.

Hym Drive Systems revenue growth over time
Hym Drive Systems 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
222.44%
Revenue from Operations
1503.02%
Total Assets
6.98%
Profit or Loss
-194.51%
Net Worth
-10.22%
EBITDA
-61.37%

What is the Ownership and Shareholding Structure of Hym Drive Systems?

In 2023, Hym Drive Systems had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Hym Drive Systems?

Hym Drive Systems has a workforce of 34 employees as of Mar 25, 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 Hym Drive Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hym Drive Systems, 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 Hym Drive Systems'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 Hym Drive Systems

Recent activity within the organization

  • Annual General Meeting

    Hym Drive Systems Private Limited last Annual general meeting of members was held on 27 May 2024 as per latest MCA records.

  • Balance Sheet

    Hym Drive Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Neeraj Saxena was appointed as a Cfo was appointed as a Cfo on 01 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Prerna Joshi was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2022 & has been associated with this company since 2 years 9 months .

  • Director Appointment

    Amit Gupta was appointed as a Director was appointed as a Director on 18 Feb 2022 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Abhishek Munjal was appointed as a Director was appointed as a Director on 18 Feb 2022 & has been associated with this company since 3 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Hym Drive Systems Private Limited?

    Hym Drive Systems Private Limited was incorporated on 18 Feb 2022.

  • What is authorized share capital and paid-up capital of Hym Drive Systems Private Limited?

    The authorized share capital of Hym Drive Systems Private Limited is ₹ 32.00 Cr and paid-up capital is ₹ 32.00 Cr.

  • Who are the current board members & directors of Hym Drive Systems Private Limited?

    Currently 5 directors are associated with Hym Drive Systems Private Limited.

    • Amit Gupta
    • Abhishek Munjal
    • Anil Rathi
    • Neeraj Saxena
    • Prerna Joshi
  • What is the registered address of Hym Drive Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hym Drive Systems Private Limited is Hero Nagar G.T. Road, India, Ludhiana, Punjab, 141003.

  • What is the corporate identification number (CIN) and company number of Hym Drive Systems Private Limited?

    The corporate identification number (CIN) of Hym Drive Systems Private Limited is U35999PB2022PTC055274 and the company number is 055274 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hym Drive Systems Private Limited?

    The Official website of Hym Drive Systems Private Limited is https://www.hymdrivesystems.com

  • What has been the recent revenue trend for Hym Drive Systems Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Hym Drive Systems Private Limited has risen by 222.44%.

  • How many employees does Hym Drive Systems Private Limited currently have?

    As Per 2024 financial reports, 34 employees are currently employed by Hym Drive Systems Private Limited.

  • What change has been observed in the net worth of Hym Drive Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Hym Drive Systems Private Limited has experienced an downturn of -10.22%.

  • When was the last Balance Sheet of Hym Drive Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Hym Drive Systems Private Limited was filed with the ROC on 31 Mar 2024.

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