Heat Trace Xicon Ltd Company Logo

Heat Trace Xicon Ltd - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1989.

1989 | Mumbai, Maharashtra, India | Active
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About Heat Trace Xicon Ltd

Heat Trace Xicon Ltd, a active public limited company, was established on 25 May 1989 in Mumbai, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U51900MH1989PLC051877. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹6.24 M.

Formerly known as Heat Trace Xicon Private Limited. It upholds a compliant status. Its leadership includes Sunil Sitaram Thite (Director), Santosh Krishnappa Karkera (Whole-Time Director), Rajesh Waman Bhondiwale (Director). Past directors included Sunil Sitaram Thite, Stephen Bonner, Percy Faramroze Lakadia. It holds ₹4.41 Cr open charges and no settled loans. Its latest AGM occurred on 14 August 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No. 282, 2Nd Floor, Solaris, F Wing, Saki Vihar Road, Andheri East, Mumbai, Maharashtra, 400072.

Company Details

  • CIN/LLPIN

    U51900MH1989PLC051877

  • Registration Number

    051877

  • Incorporation Date

    25 May 1989

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹6.24 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.24 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.41 Cr
  • Revenue Growth -47.26%
  • Profit Growth -90.82%
  • Ebitda -1017.35%
  • Net Worth -36.45%
  • Total Assets -18.65%
Company report

Heat Trace Xicon Ltd

Company Report FY 2025-2026

Explore comprehensive insights into Heat Trace Xicon Ltd — 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 Heat Trace Xicon Ltd?

Current Directors

NameDesignationAppointment DateStatus
Sunil Sitaram ThiteDirector30 May 2023Current
Santosh Krishnappa KarkeraWhole-Time Director20 Feb 2017Current
Rajesh Waman BhondiwaleDirector20 Feb 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director10 Sep 2023Past
Pramod AbcsddDirector16 Mar 2017Past
Pramod AbcsddDirector01 Jul 2009Past
Pramod AbcsddAdditional Director26 Sep 2017Past
Pramod AbcsddAdditional Director26 Sep 2017Past
Pramod AbcsddDirector20 Feb 2017Past

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Financial Performance of Heat Trace Xicon.

Heat Trace Xicon Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.26% decrease. The company also saw a substantial fall in profitability, with a 90.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.45%.

Heat Trace Xicon revenue growth over time
Heat Trace Xicon profit and loss trends over time
  • 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
-47.26%
Revenue from Operations
-47.68%
Total Assets
-18.65%
Profit or Loss
-90.82%
Net Worth
-36.45%
EBITDA
-1017.35%

What is the Ownership and Shareholding Structure of Heat Trace Xicon?

In 2023, Heat Trace Xicon had a public holding of 100.00%. The company had 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹44,100,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 1.45 Cr
  • Bank Of Credit And Commerce International Ltd : 1.40 Cr
  • Bank Of Baroda : 0.90 Cr
  • Economic Development Corporation Of Goa : 0.66 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2006Punjab National Bank₹1.45 CrOpen
29 Oct 1991Bank Of Baroda₹9.00 MOpen
05 Jun 1991Economic Development Corporation Of Goa₹6.60 MOpen
21 Sep 1989Bank Of Credit And Commerce International Ltd₹1.40 CrOpen

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How Many Employees Work at Heat Trace Xicon?

Unlock and access historical data on people associated with Heat Trace Xicon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Heat Trace Xicon Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heat Trace Xicon, 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 Heat Trace Xicon's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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Latest Updates, News, and FAQs on Heat Trace Xicon

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Heat Trace Xicon Ltd last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Heat Trace Xicon Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Sunil Sitaram Thite was appointed as a Director was appointed as a Director on 30 May 2023 & has been associated with this company since 2 years 6 months . was completed.

  • Director Appointment

    Progress on Santosh Krishnappa Karkera was appointed as a Whole-time director was appointed as a Whole-time director on 20 Feb 2017 & has been associated with this company since 8 years 9 months . was documented.

  • Director Appointment

    Progress on Rajesh Waman Bhondiwale was appointed as a Director was appointed as a Director on 20 Feb 2017 & has been associated with this company since 8 years 9 months . was documented.

  • Charges

    The activity A charge with Punjab National Bank amounted to Rs. 14.50 M with Charge ID 10294759 was registered on 14 Oct 2006. was completed.

Frequently Asked Questions

  • What is the CIN of Heat Trace Xicon Ltd?

    The CIN of Heat Trace Xicon Ltd is U51900MH1989PLC051877.

  • Where is Heat Trace Xicon Ltd headquartered?

    Heat Trace Xicon Ltd is headquartered at Unit No. 282, 2Nd Floor, Solaris, F Wing, Saki Vihar Road, Andheri East, Mumbai, Maharashtra, 400072.

  • When was Heat Trace Xicon Ltd incorporated?

    Heat Trace Xicon Ltd was incorporated on 25 May 1989.

  • Who are the current directors of Heat Trace Xicon Ltd?

    The current directors of Heat Trace Xicon Ltd are

  • What is the primary industry of Heat Trace Xicon Ltd?

    The primary industry of Heat Trace Xicon Ltd is Manufacturing.

  • Is Heat Trace Xicon Ltd a listed company?

    Heat Trace Xicon Ltd is unlisted.

  • What is the capital structure of Heat Trace Xicon Ltd?

    The authorized capital of Heat Trace Xicon Ltd is ₹7.50 M, and the paid-up capital is ₹6.24 M.

  • What is the compliance status of Heat Trace Xicon Ltd?

    The compliance status of Heat Trace Xicon Ltd is Compliant.

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