Hy-Power Marine Solutions Private Limited

Hy-Power Marine Solutions Private Limited - transportation in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U74210TN2007PTC061974 Incorporated 08 January 2007 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company transportation
Revenue · FY 2019
₹6.41 Lakh
Latest filing
Net loss · FY 2019
₹1.97 Lakh
Net margin -30.8%
EBITDA · FY 2019
-₹1.87 Lakh
EBITDA margin -29.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Last financials
Mar 2020
Balance sheet date

About Hy-Power Marine Solutions Private Limited

Data last updated:

Hy-Power Marine Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. 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 transportation and logistics segment of the transportation sector. It was incorporated on 08 January 2007.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74210TN2007PTC061974.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Rajalakshmi Kumaraswamy and Kumaraswamy Gandhi.

Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at K – 108/2 Bougainvilla Apartments 16th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102.

As per the financials filed for FY 2019, the company reported a revenue of ₹6.41 Lakh. For the same year it recorded a net loss of ₹1.97 Lakh (net margin -30.8%) and EBITDA of -₹1.87 Lakh (EBITDA margin -29.2%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.

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

The last known website on record is hypowermarine.com.

Company details

CIN U74210TN2007PTC061974
Registration Number 061974
Incorporation Date 08 January 2007
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

Hy-Power Marine Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is hypowermarine.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    K – 108/2 Bougainvilla Apartments 16th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102
  • Industry
    Transportation, Transportation Services

To see the full contact details of Hy-Power Marine Solutions Private Limited, buy the company report.

Comprehensive company report
Hy-Power Marine Solutions 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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Business activity

The main business activity of Hy-Power Marine Solutions is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

Financials of Hy-Power Marine Solutions Private Limited

FY 2020 filings available

Hy-Power Marine Solutions Private Limited reported revenue of ₹6.41 Lakh for FY 2019.

Revenue · FY 2019
₹6.41 Lakh
Net loss · FY 2019
₹1.97 Lakh margin -30.8%
EBITDA · FY 2019
-₹1.87 Lakh margin -29.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 28%

Revenue has declined at a compounded annual rate (CAGR) of 48% over three years. EBITDA rose 70% 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
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-₹1.87 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.97 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-29.2%
Net Profit Margin-30.8%
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 Hy-Power Marine Solutions Private Limited, buy the company report.

Board of directors of Hy-Power Marine Solutions Private Limited

Hy-Power Marine Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Rajalakshmi KumaraswamyDirector09 May 201115 Years 6 MonthsAs last reported
Kumaraswamy GandhiDirector08 Jan 200719 Years 10 MonthsAs last reported

Peer comparison

Hy-Power Marine Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Oyetrips Services Private Limited₹6.54 Lakh (FY 2025)2.0%Ahmedabad, Gujarat, India
Neo Tranz Cars Private Limited₹6.5 Lakh (FY 2020)703.0%Pune, Maharashtra, India
Adsra Logistics Private Limited₹6.46 Lakh (FY 2025)-12.0%Mumbai, Maharashtra, India
Sri Swayamprakasha Trans Solutions Private Limited₹6.44 Lakh (FY 2019)Bangalore, Karnataka, India
Wilcomatic India Private Limited₹6.41 Lakh (FY 2024)-59.0%New Delhi, Delhi, India
Hy-Power Marine Solutions Private Limitedthis company₹6.41 Lakh (FY 2019)-₹1.97 Lakh-30.8%Chennai, Tamil Nadu, India
Trivy Technologies Private Limited₹6.4 Lakh (FY 2024)255.0%Andheri West Mumbai, Maharashtra, India
Pick IT Up Asap Private Limited₹6.38 Lakh (FY 2021)1297.0%Hyderabad, Telangana, India
Borah Travels and Accomodation Private Limited₹6.34 Lakh (FY 2019)New Delhi, Delhi, India
Skytrack Aviation India Private Limited₹6.32 Lakh (FY 2020)-71.0%Rajahmundry, Andhra Pradesh, India
Cinho Shipping Private Limited₹6.3 Lakh (FY 2021)Mumbai, Maharashtra, India

To see the full peer comparison of Hy-Power Marine Solutions Private Limited, buy the company report.

Auditor

Hy-Power Marine Solutions Private Limited is audited by N Kumar & Krishnan for the financial year 2017.

Auditor firmFinancial yearFirm registration number
N Kumar & KrishnanFY 20178250S

Shareholding

The shareholding of Hy-Power Marine Solutions 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 Hy-Power Marine Solutions Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Hy-Power Marine Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Hy-Power Marine Solutions Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Sadhasivam Karuppaiyah Ravichandran ceased to be Director on 30 Oct 2015.

AGM
Hy-Power Marine Solutions Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Hy-Power Marine Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Ceased
Sadhasivam Karuppaiyah Ravichandran ceased to be Director.
Ceased
Rajalakshmi Kumaraswamy ceased to be Additional Director.
Appointed
Rajalakshmi Kumaraswamy was appointed as Director.
Ceased
Ravichandran Thirumoorthi ceased to be Director.
Ceased
Vijayalakshmi Ravichandran ceased to be Alternate Director.
Ceased
Saravanan Muthukumarasamy ceased to be Director.
Appointed
Kumaraswamy Gandhi was appointed as Director.
Incorporation
08 Jan 2007
Hy-Power Marine Solutions Private Limited was registered on 08 Jan 2007 with Roc Chennai & aged 19 years 10 months as per MCA records.

Frequently asked questions

Hy-Power Marine Solutions 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.

Hy-Power Marine Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in transportation services, within the transportation industry. It was incorporated on 08 January 2007 and is registered under CIN U74210TN2007PTC061974. The company has been struck off by the Registrar of Companies and is no longer operational.

Hy-Power Marine Solutions had 2 directors:

The CIN (Corporate Identification Number) of Hy-Power Marine Solutions is U74210TN2007PTC061974. 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 Hy-Power Marine Solutions is at K – 1082 Bougainvilla Apartments 16th Street Anna Nagar East, Chennai, Tamil Nadu, India – 600102.

Hy-Power Marine Solutions was incorporated on 08 January 2007. It is registered with the Registrar of Companies, Chennai.

Hy-Power Marine Solutions can be reached through the website hypowermarine.com. Its registered office is in Chennai, Tamil Nadu, India.

The latest financial statements of Hy-Power Marine Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.

Hy-Power Marine Solutions operated in the transportation industry, in the transportation services segment. It worked in this industry before it was struck off.

The peers of Hy-Power Marine Solutions by revenue are Oyetrips Services Private Limited, Neo Tranz Cars Private Limited, Adsra Logistics Private Limited, Sri Swayamprakasha Trans Solutions Private Limited, Wilcomatic India Private Limited and 5 more, all in the same principal business activity (services incidental to land, water & air transportation).

Hy-Power Marine Solutions has 1 court case on record: 1 filed against it.