About Hi-Esteem Auto Komponents Private Limited
Data last updated:
Hi-Esteem Auto Komponents Private Limited is a private limited company based in Sriperumbudur, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 17 October 2020.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28994TN2020PTC138754. Its GSTIN is 33AAFCH4946J1ZF (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Janakiraman and Nitharshan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S.No.88/1 & 88/2 Mettupalayam Road Panrutti Village, Thennery Post Sriperumbudur Taluk Kanchipuram District, Tamil Nadu, India – 631604.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.65 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹7.88 Lakh (net margin 0.2%) and EBITDA of ₹2.54 Cr (EBITDA margin 6%).
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.62 Cr on record. Court records list 20 cases involving the company, including 2 filed by the company and 18 filed against it; 5 cases are pending.
The last known website on record is hi-esteem.com.
Company details
Contact details
Hi-Esteem Auto Komponents Private Limited's registered office is in Sriperumbudur, Tamil Nadu. Its website is hi-esteem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.88/1 & 88/2 Mettupalayam Road Panrutti Village, Thennery Post Sriperumbudur Taluk Kanchipuram District, Tamil Nadu, India – 631604
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Hi-Esteem Auto Komponents 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 Hi-Esteem Auto Komponents is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Hi-Esteem Auto Komponents Private Limited, buy the company report.
Financials of Hi-Esteem Auto Komponents Private Limited
FY 2023 filings availableHi-Esteem Auto Komponents Private Limited reported revenue of ₹42.65 Cr (up 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 70% in the latest year. EBITDA rose 108% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹42.65 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.54 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹7.88 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6% | ||
| Net Profit Margin | 0.2% | ||
| 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 Hi-Esteem Auto Komponents Private Limited, buy the company report.
Board of directors of Hi-Esteem Auto Komponents Private Limited
Hi-Esteem Auto Komponents has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janakiraman | Director | 17 Oct 2020 | 6 Years 0 Months | As last reported |
| Nitharshan | Director | 17 Oct 2020 | 6 Years 0 Months | As last reported |
Auditor
Hi-Esteem Auto Komponents Private Limited is audited by S.K.SETHURAMAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.SETHURAMAN | FY 2023 | 022532 |
Shareholding
The shareholding of Hi-Esteem Auto Komponents 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 Hi-Esteem Auto Komponents Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2023 | 100693538 | Others | ₹5.28 Cr | Open | |
| 06 Feb 2023 | 100691126 | Others | ₹1 Cr | Open | |
| 12 Aug 2021 | 100495720 | Others | ₹14.34 Cr | Open |
To see the full charge records of Hi-Esteem Auto Komponents Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Hi-Esteem Auto Komponents Private Limited has 20 court cases on record: 2 filed by Hi-Esteem Auto Komponents, 18 filed against it. 5 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 1 |
| District courts | 8 | 8 | 4 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Ms Mohindra Finvest Private Limited Represented by Its Authorised Signatory Mr SS Murali | Pending |
| District court, Tiruvallur, Tamil Nadu | Civil suit | Filed against the company by Chennai Engineering Coating Company Pvt Ltd Rep by Its Administrative Manager R Murali Krishnan | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by M/S. Pennar Industries Ltd. Rep. by Bhaskar Rao | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Pennar Industries Limited | Disposed |
| Madras High Court | Arbitration matter | Filed against the company by M S Electronica Finance Ltd | Disposed |
To see the full case history of Hi-Esteem Auto Komponents 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 Hi-Esteem Auto Komponents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hi-Esteem Auto Komponents Private Limited has a workforce of 52 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Hi-Esteem Auto Komponents has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCH4946J1ZF | Tamil Nadu | Active | 01 Feb 2021 |
To see the full GST registrations and return filing status of Hi-Esteem Auto Komponents Private Limited, buy the company report.
Recent activity
Hi-Esteem Auto Komponents Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Revathy ceased to be Director on 01 Mar 2024.
1 earlier event is in the company report.
Frequently asked questions
Hi-Esteem Auto Komponents is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Hi-Esteem Auto Komponents is a company under insolvency, formerly operating as a private limited company based in Sriperumbudur, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 17 October 2020 and is registered under CIN U28994TN2020PTC138754. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Hi-Esteem Auto Komponents has 2 current directors:
- Janakiraman - Director
- Nitharshan - Director
The latest financial statements of Hi-Esteem Auto Komponents on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Hi-Esteem Auto Komponents is U28994TN2020PTC138754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Esteem Auto Komponents has open charges of ₹20.62 Cr and no satisfied charges on record as per latest MCA filings.
Hi-Esteem Auto Komponents has 20 court cases on record: 2 filed by the company and 18 filed against it. 5 are pending. Most are in the high courts.
Hi-Esteem Auto Komponents was incorporated on 17 October 2020. It is registered with the Registrar of Companies, Chennai.
Revathy ceased to be Director on 01 Mar 2024. Ramanathan Venkataramani ceased to be Director on 01 Jan 2024. Venkataramani Saraswathi ceased to be Director on 01 Jan 2024. Hi-Esteem Auto Komponents has 5 board changes on record in total.
Hi-Esteem Auto Komponents can be reached through the website hi-esteem.com. Its registered office is in Sriperumbudur, Tamil Nadu, India.
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