Hicotronics Renewable Drives Systems Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 2020.
2020 Bangalore, Karnataka, India Struck Off
Last Updated:
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About Hicotronics Renewable Drives Systems Private Limited

Hicotronics Renewable Drives Systems Private Limited, a struck off private limited company, was established on 25 June 2020 in Bangalore, Karnataka, India. Engaging in industrial machinery manufacturing within the machinery and equipment sector, it holds CIN: U31909KA2020PTC135220. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹0.50 M.

Formerly known as Hicotronics Drives And System Private Limited. It upholds a compliant status. Its leadership includes Jeetendra Chopra (Managing Director), Sumit Chopra (Director). Past directors included Sivasubramanian Narayanaswamy. Its latest AGM occurred on 15 September 2022, with the balance sheet filed on 31 March 2022. It is based at No 39/1, Nty Layout Mysore Road, 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

    U31909KA2020PTC135220

  • Registration Number

    135220

  • Incorporation Date

    25 June 2020

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth **** %
  • Profit Growth **** -915.82%
  • Ebitda **** -860.03%
  • Total Assets **** %
Company report

Hicotronics Renewable Drives Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hicotronics Renewable Drives Systems 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 Renewable Drives Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Jeetendra Chopra Managing Director 25 Jun 2020 Current
Sumit Chopra Director 25 Jun 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Feb 2021 Past

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Financial Performance of Hicotronics Renewable Drives Systems.

Hicotronics Renewable Drives Systems Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 915.82% decrease in profit. The company's net worth witnessed no change by increase of 0%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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Revenue from Operations
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Total Assets
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Profit or Loss
*******
 -915.82%
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Net Worth
*******
*******
*******
*******
*******
*******
EBITDA
*******
 -860.03%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hicotronics Renewable Drives Systems?

In 2021, Hicotronics Renewable Drives Systems 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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How Many Employees Work at Hicotronics Renewable Drives Systems?

Hicotronics Renewable Drives Systems has a workforce of 0 employees as of Apr 04, 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

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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
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Latest Updates, News, and FAQs on Hicotronics Renewable Drives Systems
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Hicotronics Renewable Drives Systems Private Limited last Annual general meeting of members was held on 15 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Hicotronics Renewable Drives Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Jeetendra Chopra was appointed as a Managing Director was appointed as a Managing Director on 25 Jun 2020 & has been associated with this company since 5 years 8 months . was documented.

  • Director Appointment

    Progress on Sumit Chopra was appointed as a Director was appointed as a Director on 25 Jun 2020 & has been associated with this company since 5 years 8 months . was documented.

  • Company Incorporation

    The activity Hicotronics Renewable Drives Systems Private Limited was registered on 25 Jun 2020 with Roc Bangalore & aged 5 years 8 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Hicotronics Renewable Drives Systems Private Limited?

The CIN of Hicotronics Renewable Drives Systems Private Limited is U31909KA2020PTC135220.

Where is Hicotronics Renewable Drives Systems Private Limited headquartered?

Hicotronics Renewable Drives Systems Private Limited is headquartered at No 39/1, Nty Layout Mysore Road, Bangalore, Karnataka, 560026.

When was Hicotronics Renewable Drives Systems Private Limited incorporated?

Hicotronics Renewable Drives Systems Private Limited was incorporated on 25 June 2020.

Who are the current directors of Hicotronics Renewable Drives Systems Private Limited?

The current directors of Hicotronics Renewable Drives Systems Private Limited are

What is the primary industry of Hicotronics Renewable Drives Systems Private Limited?

The primary industry of Hicotronics Renewable Drives Systems Private Limited is Machinery And Equipment.

Is Hicotronics Renewable Drives Systems Private Limited a listed company?

Hicotronics Renewable Drives Systems Private Limited is unlisted.

What is the capital structure of Hicotronics Renewable Drives Systems Private Limited?

The authorized capital of Hicotronics Renewable Drives Systems Private Limited is ₹2.00 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Hicotronics Renewable Drives Systems Private Limited?

The compliance status of Hicotronics Renewable Drives Systems Private Limited is Compliant.

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