Him Cylinders Limited
About Him Cylinders Limited
Data last updated:
Him Cylinders Limited is a public limited company based in Himachal Pradesh, 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 industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 August 1983.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U23203HP1983PLC008864.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46 Lakh. It is led by directors including Ashok Raja and Shanti Swarup Raja.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No. 1 – 4 Industruialn Area Amb, Himachal Pradesh, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹58.98 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹14.93 Lakh (net margin 0.3%) and EBITDA of ₹3.51 Cr (EBITDA margin 5.9%).
As per MCA filings, the company has open charges of ₹187.43 Cr and satisfied charges of ₹76.96 Cr on record. Court records list 31 cases involving the company, including 9 filed by the company and 22 filed against it; 5 cases are pending.
Company details
Contact details
Him Cylinders Limited's registered office is in Himachal Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 1 – 4 Industruialn Area Amb, Himachal Pradesh, India
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Him Cylinders 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 Him Cylinders is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Him Cylinders Limited, buy the company report.
Financials of Him Cylinders Limited
FY 2016 filings availableHim Cylinders Limited reported revenue of ₹58.98 Cr (up 2% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. EBITDA rose 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹58.98 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.51 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹14.93 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.9% | |
| Net Profit Margin | 0.3% | |
| 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 Him Cylinders Limited, buy the company report.
Board of directors of Him Cylinders Limited
Him Cylinders 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 |
|---|---|---|---|---|
| Ashok Raja | Director | 19 Aug 1983 | 43 Years 2 Months | As last reported |
| Shanti Swarup Raja | Director | 01 Apr 1995 | 31 Years 6 Months | As last reported |
| Ajay Kumar Agarwal | Director | 07 Sep 2005 | 21 Years 1 Months | As last reported |
| Sandeep Goel | Irp/Rp/Liquidator | 10 May 2023 | 3 Years 5 Months | As last reported |
Auditor
Him Cylinders Limited is audited by A L SEHGAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L SEHGAL & CO | FY 2016 | 003380N |
Shareholding
The shareholding of Him Cylinders Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Him Cylinders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2014 | 10521566 | Syndicate Bank | ₹169.43 Cr | Open | |
| 24 Feb 2014 | 10521284 | Syndicate Bank | ₹18 Cr | Open | |
| 24 Aug 2010 | 10239193 | Punjab & Sind Bank | ₹2 Cr | Satisfied | |
| 10 Mar 2010 | 10211882 | Punjab & Sind Bank | ₹1 Cr | Satisfied | |
| 10 Mar 2010 | 10210979 | Punjab & Sind Bank | ₹13 Cr | Satisfied |
To see the full charge records of Him Cylinders Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Him Cylinders Limited has 31 court cases on record: 9 filed by Him Cylinders, 22 filed against it. 5 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 19 | 5 |
| High courts | 11 | 3 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Berger Paints India Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Berger Paints India Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Aditya Birla Finance Ltd. | Disposed |
| District court, West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by M/S Daimler Financial Services India Private Ltd | Disposed |
To see the full case history of Him Cylinders 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.
Credit ratings & regulatory alerts
Him Cylinders Limited was last rated by Care on 29 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Apr 2026 |
To see the full credit ratings and regulatory alerts of Him Cylinders Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Him Cylinders Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Him Cylinders Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Him Cylinders Limited has 5 board changes on record since 1983: 4 appointments and 1 cessation. The latest: Sandeep Goel was appointed as Irp/Rp/Liquidator on 10 May 2023.
29 earlier events are in the company report.
Frequently asked questions
Him Cylinders 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.
Him Cylinders is a company under insolvency, formerly operating as a public limited company based in Himachal Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 August 1983 and is registered under CIN U23203HP1983PLC008864. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Him Cylinders has 4 current directors:
- Ashok Raja - Director
- Shanti Swarup Raja - Director
- Ajay Kumar Agarwal - Director
- Sandeep Goel - Irp/Rp/Liquidator
The latest financial statements of Him Cylinders on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Him Cylinders is U23203HP1983PLC008864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Him Cylinders has open charges of ₹187.43 Cr and satisfied charges of ₹76.96 Cr as per latest MCA filings.
Him Cylinders has 31 court cases on record: 9 filed by the company and 22 filed against it. 5 are pending. Most are in the district courts.
Him Cylinders was incorporated on 19 August 1983. It is registered with the Registrar of Companies, Himachal Pradesh.
Sandeep Goel was appointed as Irp/Rp/Liquidator on 10 May 2023. Arun Kumar Gupta ceased to be Director on 16 Nov 2013. Ajay Kumar Agarwal was appointed as Director on 07 Sep 2005. Him Cylinders has 5 board changes on record in total.
The registered office of Him Cylinders is at Plot No. 1 – 4 Industruialn Area Amb, Himachal Pradesh, India.