Hyosung India Private Limited

Manufacturer of spandex yarn under the brand 'Creora' since 2018 in Aurangabad, Maharashtra.

2018 | Aurangabad, Maharashtra (India) | Active
Last Updated: July 16, 2024

Hyosung India Profile

Key Indicators

  • Authorised Capital ₹ 192.75 Cr
  • Paid Up Capital ₹ 192.75 Cr
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -43.65%
  • Profit Growth -153.32%
  • Ebitda -113.91%
  • Net Worth -35.72%
  • Total Assets -0.08%

About Hyosung India

Hyosung India Private Limited (HIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 14 March 2018 (Six years and ten months 20 days old ). Its registered office is in Aurangabad, Maharashtra, 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 192.75 Cr and a paid-up capital of Rs 192.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hyosung India Private Limited India are Amruta Kulkarni as COMPANY SECRETARY and Changho Lee as Cfo. Jang Lim, Inhan Bae, and Si Lee serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17309MH2018FTC320854

  • Company No.

    320854

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    14 Mar 2018

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Hyosung India?

Executive Team (3)

Name Designation Appointment Date Status
Si Lee Country flag representing In Managing Director 22-Mar-2022 Current
Amruta Kulkarni Company Secretary 27-Feb-2024 Current
Changho Lee CFO 23-Feb-2023 Current

Board Members (2)

Name Designation Appointment Date Status
Jang Lim Country flag representing Kr Director 14-Mar-2018 Current
Inhan Bae Country flag representing Kr Director 31-Dec-2019 Current

Financial Performance of Hyosung India.

Hyosung India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.65% decrease. The company also saw a substantial fall in profitability, with a 153.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.72%.

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
-43.65%
Revenue from Operations
-43.15%
Total Assets
-0.08%
Profit or Loss
-153.32%
Net Worth
-35.72%
EBITDA
-113.91%

What is the Ownership and Shareholding Structure of Hyosung India?

In 2023, Hyosung 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)

Placeholder for charges-related data

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

How Many Employees Work at Hyosung India?

Hyosung India has a workforce of 417 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hyosung 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 Hyosung 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 Hyosung India

Recent activity within the organization

  • Director Appointment

    Amruta Devesh Kulkarni was appointed as a Company Secretary was appointed as a Company Secretary on 27 Feb 2024 & has been associated with this company since 11 months 5 days .

    27 Feb 2024

  • Annual General Meeting

    Hyosung India Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Balance Sheet

    Hyosung India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Changho Lee was appointed as a Cfo was appointed as a Cfo on 23 Feb 2023 & has been associated with this company since 1 year 11 months .

    23 Feb 2023

  • Director Appointment

    Si Yeon Lee was appointed as a Managing Director was appointed as a Managing Director on 22 Mar 2022 & has been associated with this company since 2 years 10 months .

    22 Mar 2022

  • Director Appointment

    Inhan Bae was appointed as a Director was appointed as a Director on 31 Dec 2019 & has been associated with this company since 5 years 1 month .

    31 Dec 2019

Frequently asked questions

  • Hyosung India Private Limited was incorporated on 14 Mar 2018.

  • The authorized share capital of Hyosung India Private Limited is ₹ 192.75 Cr and paid-up capital is ₹ 192.75 Cr.

  • Currently 5 directors are associated with Hyosung India Private Limited.

    • Amruta Devesh Kulkarni
    • Jang Gyoo Lim
    • Inhan Bae
    • Si Yeon Lee
    • Changho Lee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hyosung India Private Limited is Plot No. 1 Sector 11 Auric City Shendra, Aurangabad, Maharashtra, India, 431007.

  • The corporate identification number (CIN) of Hyosung India Private Limited is U17309MH2018FTC320854 and the company number is 320854 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hyosung India Private Limited is https://www.hyosung.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hyosung India Private Limited has fallen by -43.65%.

  • As Per 2023 financial reports, 417 employees are currently employed by Hyosung India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hyosung India Private Limited has experienced an downturn of -35.72%.

  • The most recent Balance Sheet for Hyosung India Private Limited was filed with the ROC on 31 Mar 2023.

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