Hytaisun Magnetics Ltd

Produces magnetic tapes and cassettes with technical collaboration and 100% EOU status.

1988 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Hytaisun Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 22.62 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 13.80 Cr
  • Satisfied Charges ₹ 57.69 Cr
  • Revenue Growth %
  • Profit Growth -277.39%
  • Ebitda 14.86%
  • Net Worth -25.42%
  • Total Assets -81.42%

About Hytaisun Magnetics

Hytaisun Magnetics Ltd (HML) is a Public Limited Indian Non-Government Company incorporated in India on 14 October 1988 and has a history of 36 years and four months. Its registered office is in Ahmedabad, Gujarat, 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 2019. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 22.62 Cr.

The company currently has active open charges totaling ₹13.80 Cr. The company has closed loans amounting to ₹57.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhikhubhai Patel, Mrudula Patel, and Dilipkumar Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32209GJ1988PLC011373

  • Company No.

    011373

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1988

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

Who are the key members and board of directors at Hytaisun Magnetics?

Board Members (3)

NameDesignationAppointment DateStatus
Bhikhubhai Patel Country flag representing In Director 14-Oct-1988Current
Mrudula Patel Country flag representing In Director 03-Dec-2012Current
Dilipkumar Patel Country flag representing In Director 02-Nov-1999Current

Financial Performance of Hytaisun Magnetics.

Hytaisun Magnetics Ltd, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 277.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.42%.

Hytaisun Magnetics revenue growth over time
Hytaisun Magnetics 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
Revenue from Operations
Total Assets
-81.42%
Profit or Loss
-277.39%
Net Worth
-25.42%
EBITDA
14.86%

What is the Ownership and Shareholding Structure of Hytaisun Magnetics?

In 2017, Hytaisun Magnetics had a promoter holding of 53.12% and a public holding of 46.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.80 Cr

Satisfied Charges

₹57.69 Cr

Charges Breakdown by Lending Institutions

  • Platinum Spaces : 13.80 Cr

Latest Charge Details

DateLenderAmountStatus
05 Sep 1991Platinum Spaces₹5.40 CrOpen
31 May 1991Platinum Spaces₹5.40 CrOpen
08 Feb 1991Platinum Spaces₹7.50 MOpen
08 Feb 1991Platinum Spaces₹1.50 CrOpen
08 Feb 1991Platinum Spaces₹7.50 MOpen

How Many Employees Work at Hytaisun Magnetics?

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

Employee growth trends for Hytaisun Magnetics Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hytaisun Magnetics, 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 Hytaisun Magnetics'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 Hytaisun Magnetics

Recent activity within the organization

  • Annual General Meeting

    Hytaisun Magnetics Ltd last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records.

  • Balance Sheet

    Hytaisun Magnetics Ltd has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

  • Charges

    A charge with Platinum Spaces of Rs. 5.40 Cr registered on 31 May 1991 with Charge ID 80067470 was modified on 30 Jun 2014.

  • Charges

    A charge with Platinum Spaces of Rs. 1.50 Cr registered on 08 Feb 1991 with Charge ID 80067468 was modified on 30 Jun 2014.

  • Charges

    A charge with Platinum Spaces of Rs. 0.75 Cr registered on 08 Feb 1991 with Charge ID 80067471 was modified on 30 Jun 2014.

  • Charges

    A charge registered on 15 Jul 1995 via Charge ID 80032919 with Dena Bank was fully satisfied on 02 Apr 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Hytaisun Magnetics Ltd?

    Hytaisun Magnetics Ltd was incorporated on 14 Oct 1988.

  • What is authorized share capital and paid-up capital of Hytaisun Magnetics Ltd?

    The authorized share capital of Hytaisun Magnetics Ltd is ₹ 50.00 Cr and paid-up capital is ₹ 22.62 Cr.

  • Who are the current board members & directors of Hytaisun Magnetics Ltd?

    Currently 3 directors are associated with Hytaisun Magnetics Ltd.

    • Bhikhubhai Atmaram Patel
    • Mrudula Bhikhubhai Patel
    • Dilipkumar Chandulal Patel

  • What is the registered address of Hytaisun Magnetics Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hytaisun Magnetics Ltd is Ground Flr Of Maruti House N.R. Compound Wall Navrangpura, India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Hytaisun Magnetics Ltd?

    The corporate identification number (CIN) of Hytaisun Magnetics Ltd is U32209GJ1988PLC011373 and the company number is 011373 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Hytaisun Magnetics Ltd, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Hytaisun Magnetics Ltd has experienced an downturn of -25.42%.

  • What are the total open charges for Hytaisun Magnetics Ltd?

    As per the financial statements for fiscal Year 2017, The total open charges for Hytaisun Magnetics Ltd amount to ₹ 13.80 Cr.

  • When was the last Balance Sheet of Hytaisun Magnetics Ltd filed with the ROC?

    The most recent Balance Sheet for Hytaisun Magnetics Ltd was filed with the ROC on 31 Mar 2019.

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