Harmony Metal Works Private Limited
About Harmony Metal Works Private Limited
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Harmony Metal Works Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 12 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27310MH2012PTC232085. Its GSTIN is 27AACCH9417M1Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Raksha Joshi Hemendra and Jimish Hemendra Joshi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 301 Rosewood Holy Cross Road I.C.Colony Borivali (West), Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2015, the company reported a revenue of ₹62.31 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹56.64 Lakh (net margin -90.9%) and EBITDA of -₹44.33 Lakh (EBITDA margin -71.1%).
As per MCA filings, the company has open charges of ₹80 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Harmony Metal Works Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address301 Rosewood Holy Cross Road I.C.Colony Borivali (West), Mumbai, Maharashtra, India – 400103
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Harmony Metal Works 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
Financials of Harmony Metal Works Private Limited
FY 2015 filings availableHarmony Metal Works Private Limited reported revenue of ₹62.31 Lakh (up 182% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 182% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹62.31 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹44.33 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹56.64 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -71.1% |
| Net Profit Margin | -90.9% |
| 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 Harmony Metal Works Private Limited, buy the company report.
Board of directors of Harmony Metal Works Private Limited
Harmony Metal Works has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raksha Joshi Hemendra | Director | 12 Jun 2012 | 14 Years 4 Months | Current |
| Jimish Hemendra Joshi | Director | 12 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Harmony Metal Works Private Limited is audited by MANEK & MANEK for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANEK & MANEK | FY 2015 | 119303W |
Shareholding
The shareholding of Harmony Metal Works Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Harmony Metal Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2012 | 10399660 | State Bank of India | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Harmony Metal Works Private Limited has 1 court case on record: 1 filed by Harmony Metal Works. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against M S Abigail Enterprises | Disposed |
To see the full case history of Harmony Metal Works 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 Harmony Metal Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harmony Metal Works has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH9417M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Harmony Metal Works Private Limited, buy the company report.
Recent activity
Harmony Metal Works Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Jimish Hemendra Joshi was appointed as Director on 12 Jun 2012.
Frequently asked questions
Harmony Metal Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 12 June 2012 (14+ years old) and is registered under CIN U27310MH2012PTC232085.
Harmony Metal Works has 2 current directors:
- Raksha Joshi Hemendra - Director
- Jimish Hemendra Joshi - Director
The latest financial statements of Harmony Metal Works on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Harmony Metal Works is 27AACCH9417M1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Harmony Metal Works is U27310MH2012PTC232085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Metal Works has 1 court case on record: 1 filed by the company.
Harmony Metal Works was incorporated on 12 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Jimish Hemendra Joshi was appointed as Director on 12 Jun 2012. Raksha Joshi Hemendra was appointed as Director on 12 Jun 2012.
The registered office of Harmony Metal Works is at 301 Rosewood Holy Cross Road I.C.Colony Borivali West, Mumbai, Maharashtra, India – 400103.
Harmony Metal Works operates in the metals and minerals industry, in the metal retail and distribution segment.
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