Hicotronics Devices Private Limited - Company Profile

It is a aerospace, maritime and defense private limited company based in Bangalore, Karnataka, India, established in 1997.
1997 Bangalore, Karnataka, India Active
Last Updated:
About Hicotronics Devices Private Limited

Hicotronics Devices Private Limited, a active private limited company, was established on 20 August 1997 in Bangalore, Karnataka, India. Engaging in defence accessories & components within the trade sector, it holds CIN: U32103KA1997PTC022667. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.70 M.

It upholds a compliant status. Employing 100 professional, Its leadership includes Suresh Chopra Kumar (Director), Jeetendra Chopra (Director), Sumit Chopra (Director). Past directors included Sushila Chopra. It holds ₹118.85 Cr open charges and ₹46.88 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 39/1, 1St Main Road, New Timber Yard Layout, Near Satellite Bus Stand, Mysore Road Cr, Oss, Bangalore, Karnataka, 560026.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U32103KA1997PTC022667

  • Registration Number

    022667

  • Incorporation Date

    20 August 1997

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.70 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.70 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 118.85 Cr
  • Satisfied Charges ₹ 46.88 Cr
  • Revenue Growth **** 17.66%
  • Profit Growth **** 132.92%
  • Ebitda **** 96.65%
  • Net Worth 77.50%
  • Total Assets **** 7.39%
Company report

Hicotronics Devices Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hicotronics Devices Private 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 Hicotronics Devices Private Limited?
Current Directors
Name Designation Appointment Date Status
Suresh Chopra Kumar Director 20 Aug 1997 Current
Jeetendra Chopra Director 30 Sep 2004 Current
Sumit Chopra Director 03 Apr 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Sep 2022 Past

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Financial Performance of Hicotronics Devices.

Hicotronics Devices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.66% increase. The company also saw a substantial improvement in profitability, with a 132.92% increase in profit. The company's net worth Soared by an impressive increase of 77.5%.

Hicotronics Devices revenue growth over time
Hicotronics Devices profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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17.66%
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Revenue from Operations
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18.05%
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Total Assets
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7.39%
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Profit or Loss
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132.92%
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*******
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*******
Net Worth
*******
77.50%
*******
*******
*******
*******
EBITDA
*******
96.65%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hicotronics Devices?

In 2023, Hicotronics Devices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹1,188,529,000.00

Satisfied Charges

₹468,848,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 118.25 Cr
  • Others : 0.61 Cr
Latest Charge Details
Date Lender Amount Status
11 Apr 2023 Others ₹2.13 M Open
27 Mar 2023 Others ₹3.94 M Open
03 Jul 2020 Hdfc Bank Limited ₹66.82 Cr Open
26 Sep 2017 Hdfc Bank Limited ₹51.42 Cr Open
27 Dec 2016 Canara Bank ₹14.00 Cr Satisfied

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How Many Employees Work at Hicotronics Devices?

Hicotronics Devices has a workforce of 100 employees as of Mar 21, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hicotronics Devices, 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 Hicotronics Devices'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

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 Hicotronics Devices
Recent Activity within the Organization
  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 668.23 M registered on 03 Jul 2020 with Charge ID 100354719 was modified on 07 Oct 2024. was documented.

  • Annual General Meeting

    Progress on Hicotronics Devices Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 514.23 M registered on 26 Sep 2017 with Charge ID 100130788 was modified on 31 Jul 2024. was documented.

  • Balance Sheet

    The activity Hicotronics Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    A charge with Others amounted to Rs. 2.13 M with Charge ID 100711334 was registered on 11 Apr 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 3.94 M with Charge ID 100711342 was registered on 27 Mar 2023. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Hicotronics Devices Private Limited?

The CIN of Hicotronics Devices Private Limited is U32103KA1997PTC022667.

Where is Hicotronics Devices Private Limited headquartered?

Hicotronics Devices Private Limited is headquartered at 39/1, 1St Main Road, New Timber Yard Layout, Near Satellite Bus Stand, Mysore Road Cr, Oss, Bangalore, Karnataka, 560026.

When was Hicotronics Devices Private Limited incorporated?

Hicotronics Devices Private Limited was incorporated on 20 August 1997.

Who are the current directors of Hicotronics Devices Private Limited?

The current directors of Hicotronics Devices Private Limited are

What is the primary industry of Hicotronics Devices Private Limited?

The primary industry of Hicotronics Devices Private Limited is Trade.

Is Hicotronics Devices Private Limited a listed company?

Hicotronics Devices Private Limited is unlisted.

What is the capital structure of Hicotronics Devices Private Limited?

The authorized capital of Hicotronics Devices Private Limited is ₹5.00 M, and the paid-up capital is ₹4.70 M.

What is the compliance status of Hicotronics Devices Private Limited?

The compliance status of Hicotronics Devices Private Limited is Compliant.

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