Indo Hitech Appliances Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 84.27 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth -2.11%
- Profit Growth -23.75%
- Ebitda -22.02%
- Net Worth 32.18%
- Total Assets 5.19%
About Indo Hitech Appliances
Indo Hitech Appliances Limited (IHAL) is a Public Limited Indian Non-Government Company incorporated in India on 13 July 2017 (Seven years and seven months 22 days old ). Its registered office is in Delhi, Delhi, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹84.27 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahinder Khanna, Ramesh Khanna, Sahil Khanna, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31909DL2017PLC320634
- Company No.
320634
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Jul 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Indo Hitech Appliances?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahinder Khanna  | Director | 13-Jul-2017 | Current |
| Ramesh Khanna | Director | 13-Jul-2017 | Current |
| Sahil Khanna | Director | 20-Aug-2018 | Current |
| Ghanshyam Kapoor | Director | 13-Jul-2017 | Current |
| Rajinder Malhotra | Director | 13-Jul-2017 | Current |
| Rahul Malhotra | Director | 20-Aug-2018 | Current |
Financial Performance of Indo Hitech Appliances.
Indo Hitech Appliances Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.11% decrease. The company also saw a substantial fall in profitability, with a 23.75% decrease in profit. The company's net worth Soared by an impressive increase of 32.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indo Hitech Appliances?
In 2023, Indo Hitech Appliances 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)
Kk Moulds Private LimitedMahinder Khanna is a mutual person
- Onoff Projects (India) Private Limited
Mahinder Khanna is a mutual person
- Onyx Appliances (India) Private Limited
Mahinder Khanna, Ramesh Khanna and 1 more are mutual person
- Imr Electricals Private Limited
Mahinder Khanna and Rajinder Malhotra are mutual person
- Affinity Hospitality Private Limited
Mahinder Khanna, Ramesh Khanna and 2 more are mutual person
- Rms Realtors India Private Limited
Mahinder Khanna and Ramesh Khanna are mutual person
Charges (Loans)
Open Charges
₹842.70 M
Satisfied Charges
₹80.00 M
Charges Breakdown by Lending Institutions
- Others : 49.27 Cr
- Hdfc Bank Limited : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2022 | Others | ₹19.27 Cr | Open |
| 27 May 2022 | Others | ₹30.00 Cr | Open |
| 10 May 2021 | Hdfc Bank Limited | ₹35.00 Cr | Open |
| 27 Feb 2019 | Others | ₹8.00 Cr | Satisfied |
How Many Employees Work at Indo Hitech Appliances?
Indo Hitech Appliances has a workforce of 64 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indo Hitech Appliances, 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 Indo Hitech Appliances'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 Indo Hitech Appliances
Recent activity within the organization
- Annual General Meeting
Indo Hitech Appliances Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 350.00 M registered on 10 May 2021 with Charge ID 100442530 was modified on 28 Sep 2023.
- Balance Sheet
Indo Hitech Appliances Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Others amounted to Rs. 192.70 M with Charge ID 100595154 was registered on 19 Jul 2022.
- Charges
A charge with Others amounted to Rs. 300.00 M with Charge ID 100580938 was registered on 27 May 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 350.00 M with Charge ID 100442530 was registered on 10 May 2021.
Frequently asked questions
What is the Incorporation or founding date of Indo Hitech Appliances Limited?
Indo Hitech Appliances Limited was incorporated on 13 Jul 2017.
What is authorized share capital and paid-up capital of Indo Hitech Appliances Limited?
The authorized share capital of Indo Hitech Appliances Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Indo Hitech Appliances Limited?
Currently 6 directors are associated with Indo Hitech Appliances Limited.
- Mahinder Pal Khanna
- Ramesh Chander Khanna
- Sahil Khanna
- Ghanshyam Kapoor
- Rajinder Kumar Malhotra
- Rahul Malhotra
What is the registered address of Indo Hitech Appliances Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indo Hitech Appliances Limited is A-13 Mangolpuri Industrial Area Phase-Ii, Delhi, India, 110083.
What is the corporate identification number (CIN) and company number of Indo Hitech Appliances Limited?
The corporate identification number (CIN) of Indo Hitech Appliances Limited is U31909DL2017PLC320634 and the company number is 320634 as per Ministry of Corporate Affairs (MCA).
What is the official website of Indo Hitech Appliances Limited?
The Official website of Indo Hitech Appliances Limited is https://www.indoappliances.com
What has been the recent revenue trend for Indo Hitech Appliances Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indo Hitech Appliances Limited has fallen by -2.11%.
How many employees does Indo Hitech Appliances Limited currently have?
As Per 2023 financial reports, 64 employees are currently employed by Indo Hitech Appliances Limited.
What change has been observed in the net worth of Indo Hitech Appliances Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indo Hitech Appliances Limited has experienced an upsurge of 32.18%.
What are the total open charges for Indo Hitech Appliances Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Indo Hitech Appliances Limited amount to ₹ 84.27 Cr.
When was the last Balance Sheet of Indo Hitech Appliances Limited filed with the ROC?
The most recent Balance Sheet for Indo Hitech Appliances Limited was filed with the ROC on 31 Mar 2023.
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