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.
Company details
CIN history
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 |
Contact details
Hally Comet Electrodes Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPromoter E – 31, Masjid Moth, New Delhi, Delhi, India – 110048
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Hally Comet Electrodes 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
Business activity
The main business activity of Hally Comet Electrodes is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hally Comet Electrodes Private Limited, buy the company report.
Financials of Hally Comet Electrodes Private Limited
FY 2021 filings availableHally Comet Electrodes Private Limited reported revenue of ₹1.61 Cr (down 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹86,399 | ||||
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| Net Profit (PAT) | ₹6,925 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Hally Comet Electrodes Private Limited, buy the company report.
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 |
Auditor
Hally Comet Electrodes Private Limited is audited by B.K.GUPTA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K.GUPTA & CO. | FY 2017 | 005296C |
Shareholding
The shareholding of Hally Comet Electrodes Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hally Comet Electrodes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2017 | 100120520 | Canara Bank | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
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.
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 Pvt. Ltd. Through Director Anil Agrawal | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ms Prayatna Industries | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Hally Comet Electrodes Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hally Comet Electrodes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hally Comet Electrodes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH9317G1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hally Comet Electrodes Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Danish Azam Warsi - Director
- Shahgufta Azam - Director
The latest financial statements of Hally Comet Electrodes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
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.
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.
The registered office of Hally Comet Electrodes is at Promoter E – 31, Masjid Moth, New Delhi, Delhi, India – 110048.
Hally Comet Electrodes operates in the trading industry, in the other wholesale segment.
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