HLB Power India Private Limited
About HLB Power India Private Limited
Data last updated:
HLB Power India Private Limited was a foreign private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Hlb Power Co Ltd. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 24 January 2017.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017FTC095262. Its GSTIN is 24AAYCS1307F1ZC (Gujarat). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹4.2 Cr and a paid-up capital of ₹4.2 Cr. It was formerly known as Samkwang Power System India Private Limited. It was led by directors Byoungchul Lee (Managing Director) and Jongjung Kim.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Shad No. 6 Aanpurna Associates 6 Kathwada, Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.25 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net loss of ₹41.38 Lakh and EBITDA of -₹54.29 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 101% over three years.
Company details
Contact details
HLB Power India Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShad No. 6 Aanpurna Associates 6 Kathwada, Ahmedabad, Gujarat, India – 382430
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of HLB Power India Private Limited, buy the company report.
- 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
Financials of HLB Power India Private Limited
FY 2021 filings availableHLB Power India Private Limited reported revenue of ₹3.25 Lakh (up 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 101% over three years, including 23% growth in the latest year. EBITDA rose 50% in the latest year. 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹54.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹41.38 Lakh | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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 | |||||
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| 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 HLB Power India Private Limited, buy the company report.
Board of directors of HLB Power India Private Limited
HLB Power India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byoungchul Lee | Managing Director | 11 Sep 2017 | 9 Years 2 Months | As last reported |
| Jongjung Kim | Director | 20 Dec 2017 | 8 Years 10 Months | As last reported |
Peer comparison
HLB Power India Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dfxbot Private Limited | ₹3.4 Lakh (FY 2024) | 117.0% | Kharghar, Maharashtra, India | |||
| Dronagiri Pagote South Infra Limited | ₹3.33 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Dronagiri Navghar East Infra Limited | ₹3.33 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Kues Innovations Private Limited | ₹3.32 Lakh (FY 2024) | -64.0% | Bangalore, Karnataka, India | |||
| Nvedas Technologies Private Limited | ₹3.27 Lakh (FY 2020) | Bengaluru, Karnataka, India | ||||
| HLB Power India Private Limitedthis company | ₹3.25 Lakh (FY 2021) | -₹41.38 Lakh | 23.0% | Ahmedabad, Gujarat, India | ||
| Ulivo Financial Solutions Private Limited | ₹3.24 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Agh Isolutech Private Limited | ₹3.24 Lakh (FY 2025) | -76.0% | New Delhi, Delhi, India | |||
| Spychip Technologies Private Limited | ₹3.23 Lakh (FY 2021) | -82.0% | Indore, Madhya Pradesh, India | |||
| Krishija Optics Limited | ₹3.2 Lakh (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Angelprime Strategies Private Limited | ₹3.16 Lakh (FY 2024) | -86.0% | Bangalore, Karnataka, India |
To see the full peer comparison of HLB Power India Private Limited, buy the company report.
Auditor
HLB Power India Private Limited is audited by CHETAN CHAUDHARY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN CHAUDHARY & CO | FY 2021 | 139036W |
Shareholding
The shareholding of HLB Power India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of HLB Power India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving HLB Power India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HLB Power India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
HLB Power India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAYCS1307F1ZC | Gujarat | Active | 01 Jul 2017 |
| 36AAYCS1307F1Z7 | Telangana | Active | 27 Jun 2019 |
To see the full GST registrations and return filing status of HLB Power India Private Limited, buy the company report.
Recent activity
HLB Power India Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Jongjung Kim ceased to be Additional Director on 29 Dec 2017.
Frequently asked questions
HLB Power India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
HLB Power India was a foreign private limited company based in Ahmedabad, Gujarat, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 24 January 2017 and is registered under CIN U74999GJ2017FTC095262. The company has been struck off by the Registrar of Companies and is no longer operational.
HLB Power India had 2 directors:
- Byoungchul Lee - Managing Director
- Jongjung Kim - Director
The CIN (Corporate Identification Number) of HLB Power India is U74999GJ2017FTC095262. 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 HLB Power India is at Shad No. 6 Aanpurna Associates 6 Kathwada, Ahmedabad, Gujarat, India – 382430.
HLB Power India was incorporated on 24 January 2017. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of HLB Power India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of HLB Power India is 24AAYCS1307F1ZC, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAYCS1307F1Z7 (Telangana).
HLB Power India operated in the information technology industry, in the electronic components and equipment manufacturing segment. It worked in this industry before it was struck off.
The peers of HLB Power India by revenue are Dfxbot Private Limited, Dronagiri Pagote South Infra Limited, Dronagiri Navghar East Infra Limited, Kues Innovations Private Limited, Nvedas Technologies Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Jongjung Kim ceased to be Additional Director on 29 Dec 2017. Jin Lee ceased to be Director on 22 Dec 2017. Jongjung Kim was appointed as Director on 20 Dec 2017. HLB Power India has 5 board changes on record in total.
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