Hally Comet Electrodes Private Limited
About Hally Comet Electrodes Private Limited
Data last updated:
Hally Comet Electrodes Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 11 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40109DL1986PTC024816. Its GSTIN is 09AAACH9317G1ZJ (Uttar Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Danish Azam Warsi and Shahgufta Azam.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Promoter E – 31, Masjid Moth, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.61 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹6,925 (net margin 0%) and EBITDA of ₹86,399 (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Hally Comet Electrodes Private Limited
Hally Comet Electrodes has one previous CIN (Corporate Identification Number): U99999DL1986PTC024816. The current CIN is U40109DL1986PTC024816, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109DL1986PTC024816 | Current |
| U99999DL1986PTC024816 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPromoter E – 31, Masjid Moth, New Delhi, Delhi, India – 110048
- IndustryTrading, Other Wholesale, Wholesale
- 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
- One PDF report, delivered after checkout
Business Activity of Hally Comet Electrodes Private Limited
The main business activity of Hally Comet Electrodes is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hally Comet Electrodes Private Limited FY 2021 filings available
Hally Comet Electrodes Private Limited reported revenue of ₹1.61 Cr (down 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Hally Comet Electrodes Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 27% 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 of Hally Comet Electrodes Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹86,399 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6,925 | •••• | •••• | •••• | •••• |
| 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 of Hally Comet Electrodes Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hally Comet Electrodes are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Hally Comet Electrodes Private Limited
Hally Comet Electrodes has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Danish Azam Warsi | Director | 11 May 2017 | 9 Years 5 Months | Current |
| Shahgufta Azam | Director | 11 Jul 1986 | 40 Years 3 Months | Current |
Peer Comparison of Hally Comet Electrodes Private Limited
Hally Comet Electrodes Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Laxjot Engineering Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Pune, Maharashtra, India |
| Shree Sant Yadav Baba Industries Private Limited | ₹1.61 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Chinchwad, Maharashtra, India |
| Raivat Hardware Private Limited | ₹1.61 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Newtek Convey Equipments Private Limited. | ₹1.61 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Ip Pins & Liners Limited | ₹1.61 Cr (FY 2020) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Hally Comet Electrodes Private Limited this company | ₹1.61 Cr (FY 2020) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Foretech Precision Private Limited | ₹1.6 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Pune, Maharashtra, India |
| Ramrajya Engineers Private Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Nashik, Maharashtra, India |
| Dynamech Hegde Precision Private Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
| Eminent Engitech Private Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Rajkot, Gujarat, India |
| Hindustan Engineering C and S Company Private Limited | ₹1.59 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Jalandhar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Hally Comet Electrodes by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Hally Comet Electrodes Private Limited
Hally Comet Electrodes Private Limited is audited by B.K.GUPTA & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.K.GUPTA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Hally Comet Electrodes Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hally Comet Electrodes Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2017 | Canara Bank | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal Cases of Hally Comet Electrodes Private Limited
Hally Comet Electrodes Private Limited has 3 court cases on record: 1 filed by Hally Comet Electrodes, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ankit Pulps and Boards Private Limited | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Prayatna Industries | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Hally Comet Electrodes Private Limited
Employment history and EPFO contributions of people linked to Hally Comet Electrodes.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Hally Comet Electrodes Private Limited
Hally Comet Electrodes Private Limited has 6 board changes on record since 1986: 2 appointments and 4 cessations. The latest: Shashank Jaiswal ceased to be Director on 01 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Hally Comet Electrodes Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hally Comet Electrodes Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hally Comet Electrodes Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hally Comet Electrodes Private Limited
Hally Comet Electrodes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH9317G1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hally Comet Electrodes Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hally Comet Electrodes Private Limited
Hally Comet Electrodes is an active private limited company based in New Delhi, Delhi, India. The company works in other wholesale, within the trading industry. It was incorporated on 11 July 1986 (40+ years old) and is registered under CIN U40109DL1986PTC024816.
Hally Comet Electrodes reported revenue of ₹1.61 Cr for FY 2020 (down 13% YoY).
Hally Comet Electrodes has 2 current directors:
- Danish Azam Warsi - Director
- Shahgufta Azam - Director
Hally Comet Electrodes reported a net profit of ₹6,925 (net margin 0%) and EBITDA of ₹86,399 (EBITDA margin 0.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hally Comet Electrodes is -1% over three years and 21% over five years. In the latest year (FY 2020) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hally Comet Electrodes is 09AAACH9317G1ZJ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Hally Comet Electrodes is U40109DL1986PTC024816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hally Comet Electrodes has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Hally Comet Electrodes was incorporated on 11 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hally Comet Electrodes by revenue are Laxjot Engineering Private Limited, Shree Sant Yadav Baba Industries Private Limited, Raivat Hardware Private Limited, Newtek Convey Equipments Private Limited, Ip Pins & Liners Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Shashank Jaiswal ceased to be Director on 01 Aug 2024. Viveka Ditya Singh ceased to be Director on 01 Aug 2024. Kaushar Ali ceased to be Director on 25 Jul 2017. Hally Comet Electrodes has 6 board changes on record in total.