Hyt Inovative Projects Private Limited

Manufacturer of precision tubes for defense systems, specializing in machinery and equipment.

1982 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Hyt Inovative Projects Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.95 Cr
  • Company Age 42 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 90.00 Cr
  • Satisfied Charges ₹ 44.34 Cr
  • Revenue Growth 7.25%
  • Profit Growth 30.76%
  • Ebitda 3.33%
  • Net Worth 10.84%
  • Total Assets 7.03%

About Hyt Inovative Projects

Hyt Inovative Projects Private Limited (HIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 1982 and has a history of 42 years and four months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Premsons Auto Pvt Ltd. The Company is engaged in the Aerospace, Maritime And Defense 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 7.00 Cr and a paid-up capital of Rs 6.95 Cr.

The company currently has active open charges totaling ₹90.00 Cr. The company has closed loans amounting to ₹44.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhojraj Teli and Shailaja Teli serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34201PN1982PTC028234

  • Company No.

    028234

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Aerospace, Maritime and Defense

Who are the key members and board of directors at Hyt Inovative Projects?

Executive Team (1)

Name Designation Appointment Date Status
Bhojraj Teli Country flag representing In Managing Director 22-Aug-1996 Current

Board Members (1)

Name Designation Appointment Date Status
Shailaja Teli Country flag representing In Director 22-Aug-1996 Current

Financial Performance of Hyt Inovative Projects.

Hyt Inovative Projects Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.25% increase. The company also saw a substantial improvement in profitability, with a 30.76% increase in profit. The company's net worth Soared by an impressive increase of 10.84%.

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
7.25%
Revenue from Operations
6.53%
Total Assets
7.03%
Profit or Loss
30.76%
Net Worth
10.84%
EBITDA
3.33%

What is the Ownership and Shareholding Structure of Hyt Inovative Projects?

In 2023, Hyt Inovative Projects had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹90.00 Cr

Satisfied Charges

₹44.34 Cr

Charges Breakdown by Lending Institutions

  • Others : 75.00 Cr
  • Bank Of India : 15.00 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2021 Bank Of India ₹15.00 Cr Open
08 Mar 2021 Others ₹47.00 Cr Open
29 Nov 2019 Others ₹28.00 Cr Open
20 Feb 2016 The Greater Bombay Co-Op Bank Ltd ₹3.50 Cr Satisfied
03 Dec 2008 Bank Of Baroda ₹2.00 Cr Satisfied

How Many Employees Work at Hyt Inovative Projects?

Hyt Inovative Projects has a workforce of 22 employees as of Apr 05, 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 Hyt Inovative Projects, 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 Hyt Inovative Projects'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 Hyt Inovative Projects

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Hyt Inovative Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 47.00 Cr registered on 08 Mar 2021 with Charge ID 100432335 was modified on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Bank Of India amounted to Rs. 15.00 Cr with Charge ID 100482170 was registered on 03 Sep 2021.

    03 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 47.00 Cr with Charge ID 100432335 was registered on 08 Mar 2021.

    08 Mar 2021

  • Charges

    A charge registered on 03 Dec 2008 via Charge ID 10209744 with Bank Of Baroda was fully satisfied on 10 Jan 2020.

    10 Jan 2020

Frequently asked questions

  • Hyt Inovative Projects Private Limited was incorporated on 17 Sep 1982.

  • The authorized share capital of Hyt Inovative Projects Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.95 Cr.

  • Currently 2 directors are associated with Hyt Inovative Projects Private Limited.

    • Bhojraj Hemraj Teli
    • Shailaja Bhojraj Teli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hyt Inovative Projects Private Limited is Plot No. 138 B-21 H Block, Midc Pimpri India, Pune, Maharashtra, 411018.

  • The corporate identification number (CIN) of Hyt Inovative Projects Private Limited is U34201PN1982PTC028234 and the company number is 028234 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hyt Inovative Projects Private Limited is https://www.hytaerospace.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hyt Inovative Projects Private Limited has risen by 7.25%.

  • As Per 2023 financial reports, 22 employees are currently employed by Hyt Inovative Projects Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hyt Inovative Projects Private Limited has experienced an upsurge of 10.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hyt Inovative Projects Private Limited amount to ₹ 90.00 Cr.

  • The most recent Balance Sheet for Hyt Inovative Projects Private Limited was filed with the ROC on 31 Mar 2024.