Hytech Steel Foundry Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.27 Cr
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.85 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth 76.11%
- Profit Growth 58.52%
- Ebitda 179.86%
- Net Worth -35.12%
- Total Assets 13.63%
About Hytech Steel Foundry
Hytech Steel Foundry Private Limited (HSFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 2010 and has a history of 14 years and four months. Its registered office is in Bangalore Rural, Karnataka, India.
The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 4.27 Cr.
The company currently has active open charges totaling ₹4.85 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Soumya Srinivas, Srinivas Geetha, Hemachandra Suhan, and Five other members serve as directors at the Company.
Company Details
- Location
Bangalore Rural, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U28910KA2010PTC055648
- Company No.
055648
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Oct 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Engineering
Who are the key members and board of directors at Hytech Steel Foundry?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Soumya Srinivas  | Director | 23-Dec-2020 | Current |
| Srinivas Geetha | Director | 23-Dec-2020 | Current |
| Hemachandra Suhan | Director | 07-Sep-2019 | Current |
| Savitha Kanaganahallimath | Director | 27-Oct-2010 | Current |
| Kote Rao | Director | 27-Oct-2010 | Current |
| Kanchakaranalli Nagaraj | Director | 27-Oct-2010 | Current |
Financial Performance of Hytech Steel Foundry.
Hytech Steel Foundry Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.11% increase. The company also saw a substantial improvement in profitability, with a 58.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Hytech Steel Foundry?
In 2023, Hytech Steel Foundry had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Tacit Technovative Private Limited
Kote Rao and Srinivasa Nayari are mutual person
- Tacit Cast Specialities Private Limited
Kote Rao and Srinivasa Nayari are mutual person
Charges (Loans)
Open Charges
₹4.85 Cr
Satisfied Charges
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2017 | Axis Bank Limited | ₹4.85 Cr | Open |
| 13 Mar 2014 | Karnataka State Financial Corporation | ₹3.00 Cr | Satisfied |
How Many Employees Work at Hytech Steel Foundry?
Hytech Steel Foundry has a workforce of 4 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hytech Steel Foundry, 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 Hytech Steel Foundry's trajectory.
Rating
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
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 Hytech Steel Foundry
Recent activity within the organization
- Annual General Meeting
Hytech Steel Foundry Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
- Balance Sheet
Hytech Steel Foundry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023
- Charges
A charge with Axis Bank Limited of Rs. 4.85 Cr registered on 23 Mar 2017 with Charge ID 100092684 was modified on 18 Sep 2020.
18 Sep 2020
- Director Appointment
Hemachandra Suhan was appointed as a Director was appointed as a Director on 07 Sep 2019 & has been associated with this company since 5 years 5 months .
07 Sep 2019
- Charges
A charge registered on 13 Mar 2014 via Charge ID 10486125 with Karnataka State Financial Corporation was fully satisfied on 03 Apr 2017.
03 Apr 2017
- Charges
A charge with Axis Bank Limited amounted to Rs. 4.85 Cr with Charge ID 100092684 was registered on 23 Mar 2017.
23 Mar 2017
Frequently asked questions
What is the Incorporation or founding date of Hytech Steel Foundry Private Limited?
Hytech Steel Foundry Private Limited was incorporated on 27 Oct 2010.
What is authorized share capital and paid-up capital of Hytech Steel Foundry Private Limited?
The authorized share capital of Hytech Steel Foundry Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.27 Cr.
Who are the current board members & directors of Hytech Steel Foundry Private Limited?
Currently 8 directors are associated with Hytech Steel Foundry Private Limited.
- Soumya Durga Srinivas
- Srinivas Geetha
- Hemachandra Suhan
- Savitha Parameshwaraiah Kanaganahallimath
- Kote Balakrishna Rao
- Kanchakaranalli Math Nagaraj
- Arun Narayan Shetty
- Srinivasa Nayari
What is the registered address of Hytech Steel Foundry Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hytech Steel Foundry Private Limited is No.376P & 378P Sub Layout Somapura 1St Stage Nelamangala, Bangalore Rural, Karnataka, India, 562132.
What is the corporate identification number (CIN) and company number of Hytech Steel Foundry Private Limited?
The corporate identification number (CIN) of Hytech Steel Foundry Private Limited is U28910KA2010PTC055648 and the company number is 055648 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hytech Steel Foundry Private Limited?
The Official website of Hytech Steel Foundry Private Limited is https://www.hytech-steel-foundry-private-limited.business.site
What has been the recent revenue trend for Hytech Steel Foundry Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hytech Steel Foundry Private Limited has risen by 76.11%.
How many employees does Hytech Steel Foundry Private Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Hytech Steel Foundry Private Limited.
What change has been observed in the net worth of Hytech Steel Foundry Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hytech Steel Foundry Private Limited has experienced an downturn of -35.12%.
What are the total open charges for Hytech Steel Foundry Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hytech Steel Foundry Private Limited amount to ₹ 4.85 Cr.
When was the last Balance Sheet of Hytech Steel Foundry Private Limited filed with the ROC?
The most recent Balance Sheet for Hytech Steel Foundry Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
- Kittur NarayanDirector
- Kittur MuralidharDirector
- Radha NagarajDirector
Similar Companies Based on Metal Foundry & Fabrication Services
Sms India Private Limited Delhi, India
Jindal United Steel Limited Hisar, Haryana, India
Texmaco Rail & Engineering Limited 24 Parganas, West Bengal, India
Chromeni Steels Private Limited Ahmedabad, Gujarat, India
Tata Bluescope Steel Private Limited Pune, Maharashtra, India
Goodluck India Limited New Delhi, India
Urjaa Metalics Private Limited New Delhi, India
Purshotam Profiles Private Limited Delhi, India