Hynetic Electronics Private Limited

Manufactures electronic products and solutions for smart lighting and home automation.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated:

Hynetic Electronics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.83 M
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 7.81 Cr
  • Revenue Growth -4.64%
  • Profit Growth 218.14%
  • Ebitda -69.35%
  • Net Worth 3.71%
  • Total Assets 15.28%

About Hynetic Electronics

Hynetic Electronics Private Limited (HEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 April 2003 and has a history of 21 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 3.00 M and a paid-up capital of Rs 1.83 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹7.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Nagaraj, Gayathri Ramesh, and Horeyala Manjunatha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2003PTC031818

  • Company No.

    031818

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Hynetic Electronics Private Limited offer?

Hynetic Electronics Private Limited offers a wide range of products and services, including Computer Parts, Analog Input Module, Fieldbus Components, Analog Output Module, Integration Support Service, Systems Integrators, Power Supply Systems, DC Power Supply, Downlights, Electric Circuit Components & Spares.

Who are the key members and board of directors at Hynetic Electronics?

Board Members (3)

NameDesignationAppointment DateStatus
Ramesh Nagaraj Country flag representing In Director 11-Apr-2003Current
Gayathri Ramesh Country flag representing In Director 11-Apr-2003Current
Horeyala Manjunatha Country flag representing In Director 21-Nov-2012Current

Financial Performance of Hynetic Electronics.

Hynetic Electronics Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.64% decrease. The company also saw a substantial improvement in profitability, with a 218.14% increase in profit. The company's net worth moved up by a moderate rise of 3.71%.

Hynetic Electronics revenue growth over time
Hynetic Electronics 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
-4.64%
Revenue from Operations
-6.39%
Total Assets
15.28%
Profit or Loss
218.14%
Net Worth
3.71%
EBITDA
-69.35%

What is the Ownership and Shareholding Structure of Hynetic Electronics?

Unlock access to Hynetic Electronics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 M

Satisfied Charges

₹78.07 M

Charges Breakdown by Lending Institutions

  • Others : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2023Others₹4.00 CrOpen
20 Jun 2023Others₹1.57 CrSatisfied
28 Sep 2022Others₹1.92 MSatisfied
28 Sep 2022Others₹2.27 CrSatisfied
21 Aug 2017Yes Bank Limited₹2.22 CrSatisfied

How Many Employees Work at Hynetic Electronics?

Hynetic Electronics has a workforce of 32 employees as of Apr 06, 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 Hynetic Electronics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hynetic Electronics, 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 Hynetic Electronics'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 Hynetic Electronics

Recent activity within the organization

  • Charges

    A charge registered on 20 Jun 2023 via Charge ID 100738422 with Others was fully satisfied on 05 Dec 2023.

  • Charges

    A charge registered on 28 Sep 2022 via Charge ID 100626801 with Others was fully satisfied on 05 Dec 2023.

  • Charges

    A charge registered on 28 Sep 2022 via Charge ID 100628605 with Others was fully satisfied on 05 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100813515 was registered on 29 Oct 2023.

  • Annual General Meeting

    Hynetic Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 04 Feb 2014 via Charge ID 10476863 with Corporation Bank was fully satisfied on 14 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Hynetic Electronics Private Limited?

    Hynetic Electronics Private Limited was incorporated on 11 Apr 2003.

  • What is authorized share capital and paid-up capital of Hynetic Electronics Private Limited?

    The authorized share capital of Hynetic Electronics Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.83 M.

  • Who are the current board members & directors of Hynetic Electronics Private Limited?

    Currently 3 directors are associated with Hynetic Electronics Private Limited.

    • Ramesh Donthi Nagaraj
    • Gayathri Ramesh
    • Horeyala Nagaraj Manjunatha

  • What is the registered address of Hynetic Electronics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hynetic Electronics Private Limited is No.1 2Nd And 3Rd Floor 9Th Main Road Banashankari Stage, India, Bangalore South, Karnataka, 560070.

  • What is the corporate identification number (CIN) and company number of Hynetic Electronics Private Limited?

    The corporate identification number (CIN) of Hynetic Electronics Private Limited is U72200KA2003PTC031818 and the company number is 031818 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hynetic Electronics Private Limited?

    The Official website of Hynetic Electronics Private Limited is https://www.hynetic.com

  • What has been the recent revenue trend for Hynetic Electronics Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Hynetic Electronics Private Limited has fallen by -4.64%.

  • How many employees does Hynetic Electronics Private Limited currently have?

    As Per 2022 financial reports, 32 employees are currently employed by Hynetic Electronics Private Limited.

  • What change has been observed in the net worth of Hynetic Electronics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hynetic Electronics Private Limited has experienced an upsurge of 3.71%.

  • What are the total open charges for Hynetic Electronics Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Hynetic Electronics Private Limited amount to ₹ 4.00 Cr.

  • When was the last Balance Sheet of Hynetic Electronics Private Limited filed with the ROC?

    The most recent Balance Sheet for Hynetic Electronics Private Limited was filed with the ROC on 31 Mar 2023.

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