About Herald Overseas Private Limited
Data last updated:
Herald Overseas Private Limited is a private limited company based in Bhubaneswar, Odisha, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 21 February 2008.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51420OR2008PTC009833. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Mayuresh Dash and Byomakesh Dash.
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 B – 253 Bda Duplex Baramunda Ps: Khandagiri, Bhubaneswar, Odisha, India – 751003.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.06 Lakh (net margin 3.6%) and EBITDA of ₹6.74 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is heraldoverseas.com.
Company details
Contact details
Herald Overseas Private Limited's registered office is in Bhubaneswar, Odisha. Its website is heraldoverseas.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 253 Bda Duplex Baramunda Ps: Khandagiri, Bhubaneswar, Odisha, India – 751003
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Herald Overseas 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 Herald Overseas Private Limited
FY 2015 filings availableHerald Overseas Private Limited reported revenue of ₹1.4 Cr (up 831% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 831% growth 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.4 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹6.74 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹5.06 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 | 4.8% |
| Net Profit Margin | 3.6% |
| 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 Herald Overseas Private Limited, buy the company report.
Board of directors of Herald Overseas Private Limited
Herald Overseas has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuresh Dash Also directs: D2f Industries Private Limited, D2f Innovations Private Limited | Director | 21 Feb 2008 | 18 Years 8 Months | Current |
| Byomakesh Dash | Director | 21 Feb 2008 | 18 Years 8 Months | Current |
Auditor
Herald Overseas Private Limited is audited by A J A & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J A & ASSOCIATES | FY 2015 | 327671E |
Shareholding
The shareholding of Herald Overseas Private Limited is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Herald Overseas Private Limited, buy the company report.
Legal cases
Herald Overseas Private Limited has 2 court cases on record: 1 filed by Herald Overseas, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms. Mats Minerals Logistics Pvt. Ltd. | Pending |
| High Court, ORISSA | Tax appeal | Filed against the company by Principal Commissioner of Income Tax-1 | Disposed |
To see the full case history of Herald Overseas 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 Herald Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Herald Overseas has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Herald Overseas Private Limited, buy the company report.
Recent activity
Herald Overseas Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Sriram Dash ceased to be Director on 30 Jul 2015.
Frequently asked questions
Herald Overseas is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Herald Overseas is a company pending strike off, currently registered as a private limited company based in Bhubaneswar, Odisha, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 21 February 2008 and is registered under CIN U51420OR2008PTC009833. The company may be struck off soon - caution is advised.
Herald Overseas has 2 current directors:
- Mayuresh Dash - Director
- Byomakesh Dash - Director
The CIN (Corporate Identification Number) of Herald Overseas is U51420OR2008PTC009833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Herald Overseas was incorporated on 21 February 2008. It is registered with the Registrar of Companies, Cuttack.
Herald Overseas can be reached through the website heraldoverseas.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Herald Overseas is at B – 253 Bda Duplex Baramunda Ps: Khandagiri, Bhubaneswar, Odisha, India – 751003.
The latest financial statements of Herald Overseas 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.
No. Herald Overseas has 1 GST registration on record and it is cancelled or inactive.
Herald Overseas operates in the metals and minerals industry, in the other metals and minerals segment.