Harita Seating Systems Limited - Company Profile

It is a automotive public limited company based in Chennai-06, Tamil Nadu, India, established in 1996.

1996 Chennai-06, Tamil Nadu, India Amalgamated

Last Updated: June 24, 2025

About Harita Seating Systems Limited

Harita Seating Systems Limited, a amalgamated public limited company, was established on 24 April 1996 in Chennai-06, Tamil Nadu, India. Engaging in auto parts & components within the automotive sector, it holds CIN: L27209TN1996PLC035293. Registered under ROC Roc Chennai. it is listed on BSE: 590043 and NSE: HARITASEAT. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.77 Cr.

It upholds a compliant status. In 2020, it reported revenue of ₹352.07 Cr and a net worth of ₹135.66 Cr. Employing 651 professional, Its leadership includes Harihara Iyer Lakshmanan (Director), Angarai Ganesan Giridharan (Ceo), Bhadri Lakshminarasimhan (Director). Past directors included Martin Grammer, Harihara Iyer Lakshmanan, S Thiagarajan. It holds no open charges and ₹113.50 Cr settled loans. Its latest AGM occurred on 25 September 2020, with the balance sheet filed on 31 March 2020. It is based at Jayalakshmi Estates, No.29(8), Haddows Road, Chennai-06, Tamil Nadu, 600006.

Company Details

CIN/LLPIN
L27209TN1996PLC035293
Registration Number
035293
Incorporation Date
24 April 1996
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹7.77 Cr
ROC Code
Roc Chennai
Listing Status
Listed (BSE: 590043, NSE: HARITASEAT)
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 24-06-2025
Paid Up Capital ₹ 7.77 Cr as on 24-06-2025
Company Age 29 Year, 10 Months
Last Filing with ROC 31 Mar 2020
Satisfied Charges ₹ 113.50 Cr as on 24-06-2025
Revenue Growth **** -28.30% (FY 2020)
Profit Growth **** -89.79% (FY 2020)
Ebitda **** -56.17% (FY 2020)
Net Worth 1.28% (FY 2020)
Total Assets -12.59% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into Harita Seating Systems Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Harita Seating Systems Limited?

Current Directors

Name	Designation	Appointment Date	Status
Harihara Iyer Lakshmanan	Director	24 Apr 1996	Current
Angarai Ganesan Giridharan	Ceo	03 Nov 2014	Current
Bhadri Lakshminarasimhan	Director	13 Oct 2015	Current
Shamsudeen Ibrahim Jaffar Ali	Director	22 Jan 1997	Current
Chundi Narasimha Prasad	Director	23 Apr 2008	Current
Sasikala Varadachari	Director	22 Mar 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Dec 2020	Past
Pramod Abcsdd	Director	05 Aug 2019	Past
Pramod Abcsdd	Manager	-	Past
Pramod Abcsdd	Manager	03 Nov 2014	Past
Pramod Abcsdd	Cfo(Kmp)	23 Sep 2019	Past
Pramod Abcsdd	Chief Financial Officer	-	Past

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Financial Performance of Harita Seating Systems.

Harita Seating Systems Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 28.3% decrease. The company also saw a substantial fall in profitability, with a 89.79% decrease in profit. The company's net worth moved up by a moderate rise of 1.28%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-28.30%

*******

Revenue from Operations

*******

-27.50%

*******

Total Assets

*******

-12.59%

*******

Profit or Loss

*******

-89.79%

*******

Net Worth

*******

1.28%

*******

EBITDA

*******

-56.17%

*******

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What is the Ownership and Shareholding Structure of Harita Seating Systems?

In 2020, Harita Seating Systems had a promoter holding of 66.22% and a public holding of 33.78%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,135,000,000.00

Charges Breakdown by Lending Institutions

State Bank Of Mysore : 90.00 Cr
State Bank Of India : 18.00 Cr
Hdfc Bank Limited : 5.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Jun 2013	State Bank Of Mysore	₹5.00 Cr	Satisfied
18 Aug 2009	State Bank Of Mysore	₹10.00 Cr	Satisfied
26 Mar 2009	State Bank Of Mysore	₹10.00 Cr	Satisfied
23 Feb 2009	State Bank Of Mysore	₹65.00 Cr	Satisfied
03 Jul 2008	Hdfc Bank Limited	₹5.50 Cr	Satisfied

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How Many Employees Work at Harita Seating Systems?

Harita Seating Systems has a workforce of 651 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Harita Seating Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Harita Seating Systems's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Harita Seating Systems

Recent Activity within the Organization

Annual General Meeting

Progress on Harita Seating Systems Limited last Annual general meeting of members was held on 25 Sep 2020 as per latest MCA records. was documented.
25 Sep 2020
Balance Sheet

Progress on Harita Seating Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai. was documented.
31 Mar 2020
Charges

A charge registered on 10 Jun 2013 via Charge ID 10435418 with State Bank Of Mysore was fully satisfied on 25 May 2016. was recorded as a recent event.
25 May 2016
Charges

The activity A charge registered on 23 Feb 2009 via Charge ID 10148251 with State Bank Of Mysore was fully satisfied on 25 May 2016. was completed.
25 May 2016
Director Appointment

Sasikala Varadachari was appointed as a Director was appointed as a Director on 22 Mar 2016 & has been associated with this company since 9 years 11 months . was recorded as a recent event.
22 Mar 2016
Director Appointment

The activity Bhadri Lakshminarasimhan was appointed as a Director was appointed as a Director on 13 Oct 2015 & has been associated with this company since 10 years 4 months . was completed.
13 Oct 2015

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