About Herminio India Precision Technology Private Limited
Data last updated:
Herminio India Precision Technology Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 27 November 2020.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2020PTC350863. Its GSTIN is 27AAFCH5577B1ZK (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Anvita Rathan Mada and Raja Ramani Iyer.
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 was at Solus Hiranandani Business Park Office No 1916 Thane West, Maharashtra, India – 400607.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.15 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 16.2%) and EBITDA of ₹1.92 Cr (EBITDA margin 26.9%). Revenue has grown at a compounded annual rate (CAGR) of 187% over three years.
Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹16 Cr and satisfied charges of ₹16 Cr on record.
The last known website on record is herminiogroup.com.
Company details
Contact details
Herminio India Precision Technology Private Limited's registered office is in Thane, Maharashtra. Its website is herminiogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSolus Hiranandani Business Park Office No 1916 Thane West, Maharashtra, India – 400607
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Herminio India Precision Technology 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
Business activity
The main business activity of Herminio India Precision Technology is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Herminio India Precision Technology Private Limited, buy the company report.
Financials of Herminio India Precision Technology Private Limited
FY 2024 filings availableHerminio India Precision Technology Private Limited reported revenue of ₹7.15 Cr (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 187%. EBITDA fell 81% 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 |
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| EBITDA | ₹1.92 Cr | |||
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| Net Profit (PAT) | ₹1.16 Cr | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 26.9% | |||
| Net Profit Margin | 16.2% | |||
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To see the full financial statements and ratios of Herminio India Precision Technology Private Limited, buy the company report.
Board of directors of Herminio India Precision Technology Private Limited
Herminio India Precision Technology has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anvita Rathan Mada Also directs: Herminio Precisol Private Limited | Director | 27 Nov 2020 | 5 Years 10 Months | As last reported |
| Raja Ramani Iyer Also directs: Herminio Precisol Private Limited, Herminio India Private Limited | Director | 27 Nov 2020 | 5 Years 10 Months | As last reported |
| Ratan Kanthappa Mada Also directs: Herminio Precisol Private Limited, Herminio India Private Limited | Director | 27 Nov 2020 | 5 Years 10 Months | As last reported |
| Ashutosh Arvind Randive Also directs: Herminio Precisol Private Limited, Herminio India Private Limited | Director | 22 Jan 2021 | 5 Years 9 Months | As last reported |
Auditor
Herminio India Precision Technology Private Limited is audited by VIJAY S. SHETTY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY S. SHETTY & CO. | FY 2023 | 047574 |
Shareholding
The shareholding of Herminio India Precision Technology Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Herminio India Precision Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100707683 | State Bank of India | ₹3 Cr | Satisfied | |
| 31 Mar 2023 | 100707681 | State Bank of India | ₹13 Cr | Satisfied |
To see the full charge records of Herminio India Precision Technology Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Herminio India Precision Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Herminio India Precision Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Herminio India Precision Technology has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Herminio India Private Limited | U99999MH1989PTC052116 |
To see the full group structure of Herminio India Precision Technology Private Limited, buy the company report.
Employees & EPFO
Herminio India Precision Technology Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Herminio India Precision Technology has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH5577B1ZK | Maharashtra | Active | 01 Apr 2021 |
| 24AAFCH5577B1ZQ | Gujarat | Active | 20 Jun 2022 |
To see the full GST registrations and return filing status of Herminio India Precision Technology Private Limited, buy the company report.
Recent activity
Herminio India Precision Technology Private Limited has 6 board changes on record since 2020: 5 appointments and 1 cessation. The latest: Pravinkumar Ranchodbhai Patel ceased to be Director on 01 Mar 2023.
1 earlier event is in the company report.
Frequently asked questions
Herminio India Precision Technology has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Herminio India Precision Technology was a private limited company based in Thane, Maharashtra, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 27 November 2020 and is registered under CIN U29309MH2020PTC350863. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Herminio India Precision Technology was incorporated on 27 November 2020. It is registered with the Registrar of Companies, Mumbai.
Herminio India Precision Technology had 4 directors:
- Anvita Rathan Mada - Director
- Raja Ramani Iyer - Director
- Ratan Kanthappa Mada - Director
- Ashutosh Arvind Randive - Director
The CIN (Corporate Identification Number) of Herminio India Precision Technology is U29309MH2020PTC350863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Herminio India Precision Technology is at Solus Hiranandani Business Park Office No 1916 Thane West, Maharashtra, India – 400607.
Herminio India Precision Technology can be reached through the website herminiogroup.com. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Herminio India Precision Technology 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 FY 2021 are in the company report.
The GSTIN of Herminio India Precision Technology is 27AAFCH5577B1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAFCH5577B1ZQ (Gujarat).
Herminio India Precision Technology operated in the machinery and equipment industry, in the industrial tools and components segment.