MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-03-0001727
Hari Udyog Private Limited - manufacturing in Balasore, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.44 Cr
▼ 11% YoY
Net profit · FY 2024
₹13.63 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹3.34 Cr
EBITDA margin 5.3%
Authorised capital
₹2.75 Cr
Registered with MCA
Paid-up capital
₹2.69 Cr
Issued & subscribed
Open charges
₹62.32 Cr
Satisfied ₹30.7 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
148
Provident fund records
About Hari Udyog Private Limited
Data last updated:
Hari Udyog Private Limited is a private limited company based in Balasore, Odisha, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 26 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24139OR2006PTC008840. Its GSTIN is 21AABCH7243Q1ZE (Odisha).
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.69 Cr. It is led by directors Sangram Kumar Das (Managing Director) and Aliva Das.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at At – O.T. Road Balasore Orissa., Odisha, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.44 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹13.63 Lakh (net margin 0.2%) and EBITDA of ₹3.34 Cr (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The company has about 148 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hari Plaast. As per MCA filings, the company has open charges of ₹62.32 Cr and satisfied charges of ₹30.7 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in March 2023. Its 7 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Reutter Innovative Closure Technologies Private Limited with revenue of ₹64.1 Cr.
Hari Udyog Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-03-0001727). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hariplaast.com.
Company details
CIN U24139OR2006PTC008840
Registration Number 008840
Incorporation Date 26 July 2006
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-03-0001727
Recognitions & Rankings of Hari Udyog
Contact details
Hari Udyog Private Limited's registered office is in Balasore, Odisha. Its website is hariplaast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAt – O.T. Road Balasore Orissa., Odisha, India
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Hari Udyog Private Limited, buy the company report.
Comprehensive company report
Hari Udyog 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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Brands
Hari Udyog operates one associated brand: Hari Plaast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of plastic pipes and fittings for industrial and agricultural uses. | hariplaast.com |
Business activity
The main business activity of Hari Udyog is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Hari Udyog Private Limited, buy the company report.
Financials of Hari Udyog Private Limited
FY 2024 filings availableHari Udyog Private Limited reported revenue of ₹63.44 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹63.44 Cr ▼ 11%
Net profit · FY 2024
₹13.63 Lakh margin 0.2%
EBITDA · FY 2024
₹3.34 Cr margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 3%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 1%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 11% fall in the latest year. EBITDA rose 10% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹3.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hari Udyog Private Limited, buy the company report.
Board of directors of Hari Udyog Private Limited
Hari Udyog has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aliva Das | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Sangram Kumar Das Also directs: Hari Marine Private Limited, Hari Motors Private Limited, Hari Distributors Private Limited and 1 more | Managing Director | 26 Jul 2006 | 20 Years 2 Months | Current |
Peer comparison
Hari Udyog Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reutter Innovative Closure Technologies Private Limited | ₹64.1 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Sudeep Polymers Private Limited | ₹63.87 Cr (FY 2025) | 15.0% | Pune, Maharashtra, India | |||
| Overseas Plastic Moulders India Private Limited | ₹63.76 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Hari Udyog Private Limitedthis company | ₹63.44 Cr (FY 2024) | ₹13.63 Lakh | 0.2% | -11.0% | 148 | Balasore, Odisha, India |
| Raunaq Plastics Limited | ₹63.34 Cr (FY 2024) | -13.0% | Kolkata, West Bengal, India | |||
| Interplastica Bharat Private Limited | ₹63.07 Cr (FY 2025) | 11.0% | Bharuch, Gujarat, India | |||
| Mega Flex Plastics Limited | ₹62.52 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India | |||
| Anirudh Plastic Private Limited | ₹62.48 Cr (FY 2024) | 38.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Hari Udyog Private Limited, buy the company report.
Auditor
Hari Udyog Private Limited is audited by R. P. More & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. P. More & Associates | FY 2023 | 318059E |
Shareholding
The shareholding of Hari Udyog Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hari Udyog Private Limited, buy the company report.
Charges & borrowings
Open charges
₹62.32 Cr
Satisfied charges
₹30.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2023 | 100722848 | Bank of India | ₹5.75 Cr | Open | |
| 28 Mar 2023 | 100710435 | Bank of India | ₹40.85 Cr | Open | |
| 31 Mar 2020 | 100334613 | State Bank of India | ₹15.72 Cr | Open | |
| 27 Mar 2018 | 100225001 | Others | ₹14.76 Lakh | Satisfied | |
| 26 Sep 2014 | 10526316 | Axis Bank Limited | ₹16.67 Cr | Satisfied |
To see the full charge records of Hari Udyog Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Hari Udyog Private Limited has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in March 2023.
Total deals
6
Funding rounds
4
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹2.54 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹5.1 Lakh | Investors: 2 individuals |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| May 2014 | Funding round | ₹30 Lakh | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹63 Lakh | Investors: 4 individuals |
| Nov 2006 | Funding round | ₹86.6 Lakh | Investors: Hari Distributors Private Limited , 3 individuals |
To see the full deal history of Hari Udyog Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hari Udyog Private Limited has 2 court cases on record: 2 filed by Hari Udyog. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against an individual | Disposed |
| High Court | Writ petition | Filed by the company against State | Disposed |
To see the full case history of Hari Udyog 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 Hari Udyog Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hari Udyog Private Limited has a workforce of 148 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
148
Active EPFO establishments
1
Employee growth
-5.13%
GST
Hari Udyog has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCH7243Q1ZE | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hari Udyog Private Limited, buy the company report.
Recent activity
Hari Udyog Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Sangram Kumar Das ceased to be Director on 16 Jul 2021.
Charges
A charge with Bank Of India of Rs. 40.85 Cr registered on 28 Mar 2023 with Charge ID 100710435 was modified on 17 Sep 2025.
Charges
A charge with State Bank Of India of Rs. 15.72 Cr registered on 31 Mar 2020 with Charge ID 100334613 was modified on 03 Oct 2024.
AGM
Hari Udyog Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hari Udyog Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Bank Of India amounted to Rs. 5.75 Cr with Charge ID 100722848 was registered on 08 May 2023.
Charges
A charge with Bank Of India amounted to Rs. 40.85 Cr with Charge ID 100710435 was registered on 28 Mar 2023.
Charges
A charge registered on 27 Mar 2018 via Charge ID 100225001 with Others was fully satisfied on 10 Mar 2023.
Ceased
Sangram Kumar Das ceased to be Director.
Appointed
Aliva Das was appointed as Director.
Ceased
Himanshu Kumar Das ceased to be Managing Director.
Charges
A charge registered on 26 Sep 2014 via Charge ID 10526316 with Axis Bank Limited was fully satisfied on 24 Jul 2020.
Charges
A charge with State Bank Of India amounted to Rs. 15.72 Cr with Charge ID 100334613 was registered on 31 Mar 2020.
8 earlier events are in the company report.
Frequently asked questions
Hari Udyog is an active private limited company based in Balasore, Odisha, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 26 July 2006 (20+ years old) and is registered under CIN U24139OR2006PTC008840.
Hari Udyog has 2 current directors:
- Sangram Kumar Das - Managing Director
- Aliva Das - Director
The latest financial statements of Hari Udyog on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hari Udyog is 21AABCH7243Q1ZE, registered in Odisha.
The CIN (Corporate Identification Number) of Hari Udyog is U24139OR2006PTC008840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hari Udyog has 2 court cases on record: 2 filed by the company.
Hari Udyog was incorporated on 26 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Cuttack.
Hari Udyog has 6 deals on record (4 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹2.54 Cr; the latest was in March 2023.
The peers of Hari Udyog by revenue are Reutter Innovative Closure Technologies Private Limited, Sudeep Polymers Private Limited, Overseas Plastic Moulders India Private Limited, Raunaq Plastics Limited, Interplastica Bharat Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sangram Kumar Das ceased to be Director on 16 Jul 2021. Aliva Das was appointed as Director on 01 Jul 2021. Himanshu Kumar Das ceased to be Managing Director on 06 Jun 2021. Hari Udyog has 4 board changes on record in total.
Yes, Hari Udyog is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-03-0001727).