Hifame Private Limited - appreal & fashion in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U31109KA1973PTC002386 Incorporated 17 August 1973 ROC Bangalore HQ Bangalore, Karnataka, India
Dissolved Under Section 59(8) Private Limited Company appreal and fashion
Data last updated
Revenue · FY 2021
₹12.71 Lakh
▲ 80% YoY
Net profit · FY 2021
₹4.37 Cr
Latest filing
EBITDA · FY 2021
₹4.49 Cr
Latest filing
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Company age
53 yrs
Est. 1973
Employees · EPFO
13
Provident fund records
Directors on board
3
As per MCA filings

About Hifame Private Limited

Data last updated:

Hifame Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the leather segment of the apparel and fashion sector. It was incorporated on 17 August 1973.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31109KA1973PTC002386. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16 Lakh. It was led by directors including Narayanaiyer Sivasailam and Venkatrajan Viswanathan.

Its last annual general meeting (AGM) was held on 26 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 3rd Floor Unity Building Tower Block J.C. Road Bangalore, Karnataka, India – 560002.

As per the financials filed for FY 2021, the company reported a revenue of ₹12.71 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹4.37 Cr and EBITDA of ₹4.49 Cr. Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 46% over five years.

The company had about 13 employees on its provident fund (EPFO) records before it was dissolved.

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U31109KA1973PTC002386
Registration Number 002386
Incorporation Date 17 August 1973
ROC Bangalore
Listing Status Unlisted
Company Status Dissolved Under Section 59(8)
Date of Last AGM 26 July 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

CIN history

Hifame has one previous CIN (Corporate Identification Number): U02926KA1973PTC002386. The current CIN is U31109KA1973PTC002386, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31109KA1973PTC002386Current
U02926KA1973PTC002386Previous

Contact details

Hifame Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    3rd Floor Unity Building Tower Block J.C. Road Bangalore, Karnataka, India – 560002
  • Industry
    Appreal & Fashion, Leather, Apparel, Textile

To see the full contact details of Hifame Private Limited, buy the company report.

Comprehensive company report
Hifame Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Hifame Private Limited

FY 2021 filings available

Hifame Private Limited reported revenue of ₹12.71 Lakh (up 80% YoY) for FY 2021.

Revenue · FY 2021
₹12.71 Lakh ▲ 80%
Net profit · FY 2021
₹4.37 Cr
EBITDA · FY 2021
₹4.49 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 80%
3 years · compounded
▼ 50%
5 years · compounded
▼ 46%
EBITDA CAGR growth
3 years · compounded
▲ 109%
5 years · compounded
▲ 95%

Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.37 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Hifame Private Limited, buy the company report.

Board of directors of Hifame Private Limited

Hifame has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Narayanaiyer SivasailamDirector07 Jul 197650 Years 3 MonthsAs last reported
Venkatrajan ViswanathanDirector09 Sep 20197 Years 1 MonthsAs last reported
Chakravarthi RajagopalanDirector21 Aug 201214 Years 2 MonthsAs last reported

Auditor

Hifame Private Limited is audited by HARISH KUMAR DOGRA for the financial year 2017.

Auditor firmFinancial yearFirm registration number
HARISH KUMAR DOGRAFY 201722410

Shareholding

The shareholding of Hifame Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hifame Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Hifame Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Hifame Private Limited has a workforce of 13 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
-38.1%

GST

Hifame has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Hifame Private Limited, buy the company report.

Recent activity

Hifame Private Limited has 6 board changes on record since 1976: 3 appointments and 3 cessations. The latest: Venkatrajan Viswanathan ceased to be Additional Director on 19 Aug 2020.

AGM
Hifame Private Limited last Annual general meeting of members was held on 26 Jul 2021 as per latest MCA records.
Filing
Hifame Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Venkatrajan Viswanathan ceased to be Additional Director.
Appointed
Venkatrajan Viswanathan was appointed as Director.
Ceased
Chakravarthi Rajagopalan ceased to be Additional Director.
Ceased
Mohan Rao Kinnikambala ceased to be Director.
Appointed
Chakravarthi Rajagopalan was appointed as Director.
Appointed
Narayanaiyer Sivasailam was appointed as Director.
Incorporation
17 Aug 1973
Hifame Private Limited was registered on 17 Aug 1973 with Roc Bangalore & aged 53 years 2 months as per MCA records.

Frequently asked questions

Hifame has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.

Hifame was a private limited company based in Bangalore, Karnataka, India. The company worked in leather, within the apparel and fashion industry. It was incorporated on 17 August 1973 and is registered under CIN U31109KA1973PTC002386. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.

Hifame was incorporated on 17 August 1973. It is registered with the Registrar of Companies, Bangalore.

Hifame had 3 directors:

The CIN (Corporate Identification Number) of Hifame is U31109KA1973PTC002386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Hifame is at 3rd Floor Unity Building Tower Block J.C. Road Bangalore, Karnataka, India – 560002.

The latest financial statements of Hifame on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 26 July 2021. Year-wise statements from 2015 are in the company report.

No. Hifame has 1 GST registration on record and it is cancelled or inactive.

Hifame operated in the apparel and fashion industry, in the leather segment.

Hifame has 1 court case on record: 1 filed by the company.