Sungwoo Hitech India Private Limited

Manufacturer of motor vehicle parts and accessories, established in 1997 in Tamil Nadu.

1997 | Kanchipuram District, Tamil Nadu (India) | Active
Last Updated: July 25, 2024

Sungwoo Hitech India Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 8.82 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 250.60 Cr
  • Satisfied Charges ₹ 395.03 Cr
  • Revenue Growth 29.12%
  • Profit Growth 130.79%
  • Ebitda 20.72%
  • Net Worth 57.37%
  • Total Assets 31.08%

About Sungwoo Hitech India

Sungwoo Hitech India Private Limited (SHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 July 1997 and has a history of 27 years and seven months. Its registered office is in Kanchipuram District, Tamil Nadu, India.

The Corporate was formerly known as Sungwoo Gestamp Hitech (Chennai) Limited. The Company is engaged in the Automotive 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 100.00 Cr and a paid-up capital of Rs 8.82 M.

The company currently has active open charges totaling ₹250.60 Cr. The company has closed loans amounting to ₹395.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sungwoo Hitech India Private Limited India is Shyama Vijayaraghavan as COMPANY SECRETARY. Kim Muyong, Oh Hwan, Sunghyun Cho, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram District, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910TN1997PTC047905

  • Company No.

    047905

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Shyama Vijayaraghavan Company Secretary 01-Dec-2020 Current

Board Members (4)

Name Designation Appointment Date Status
Kim Muyong Country flag representing In Additional Director 29-Mar-2023 Current
Oh Hwan Country flag representing Kr Director 30-Jul-2018 Current
Sunghyun Cho Country flag representing Kr Director 16-Aug-2016 Current
Kim Chunseob Country flag representing Kr Director 30-Jul-2018 Current

Financial Performance of Sungwoo Hitech India.

Sungwoo Hitech India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.12% increase. The company also saw a substantial improvement in profitability, with a 130.79% increase in profit. The company's net worth Soared by an impressive increase of 57.37%.

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
29.12%
Revenue from Operations
28.61%
Total Assets
31.08%
Profit or Loss
130.79%
Net Worth
57.37%
EBITDA
20.72%

What is the Ownership and Shareholding Structure of Sungwoo Hitech India?

In 2023, Sungwoo Hitech 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)

Open Charges

₹250.60 Cr

Satisfied Charges

₹395.03 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 161.00 Cr
  • Others : 89.60 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2023 Hdfc Bank Limited ₹30.00 Cr Open
09 May 2019 Hdfc Bank Limited ₹50.00 Cr Open
03 Jan 2019 Others ₹62.80 Cr Open
14 Oct 2017 Hdfc Bank Limited ₹81.00 Cr Open
07 Nov 2016 Others ₹26.80 Cr Open

How Many Employees Work at Sungwoo Hitech India?

Sungwoo Hitech India has a workforce of 440 employees as of Apr 07, 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 Sungwoo Hitech 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 Sungwoo Hitech 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 Sungwoo Hitech India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100801036 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

    Sungwoo Hitech India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Sungwoo Hitech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Kim Muyong was appointed as a Additional Director was appointed as a Additional Director on 29 Mar 2023 & has been associated with this company since 1 year 10 months .

    29 Mar 2023

  • Director Appointment

    Shyama Vijayaraghavan was appointed as a Company Secretary was appointed as a Company Secretary on 01 Dec 2020 & has been associated with this company since 4 years 2 months .

    01 Dec 2020

  • Charges

    A charge registered on 03 Jan 2019 via Charge ID 100232497 with Others was fully satisfied on 16 Jul 2020.

    16 Jul 2020

Frequently asked questions

  • Sungwoo Hitech India Private Limited was incorporated on 01 Jul 1997.

  • The authorized share capital of Sungwoo Hitech India Private Limited is ₹ 100.00 Cr and paid-up capital is ₹ 8.82 M.

  • Currently 5 directors are associated with Sungwoo Hitech India Private Limited.

    • Kim Muyong
    • Oh Se Hwan
    • Sunghyun Cho
    • Kim Chunseob
    • Shyama Vijayaraghavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sungwoo Hitech India Private Limited is No.G16 & 18 Sipcot Industrialpark Irrungattukottai Sriperumbudur Taluk, Kanchipuram District, Tamil Nadu, India, 602105.

  • The corporate identification number (CIN) of Sungwoo Hitech India Private Limited is U28910TN1997PTC047905 and the company number is 047905 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sungwoo Hitech India Private Limited is https://www.swhitech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sungwoo Hitech India Private Limited has risen by 29.12%.

  • As Per 2023 financial reports, 440 employees are currently employed by Sungwoo Hitech India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sungwoo Hitech India Private Limited has experienced an upsurge of 57.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sungwoo Hitech India Private Limited amount to ₹ 250.60 Cr.

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

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