MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0001988
Hi-Mak Private Limited - engineering in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹65.83 Cr
▲ 25% YoY
Net profit · FY 2025
₹3.29 Cr
Net margin 5%
EBITDA · FY 2025
₹5.44 Cr
EBITDA margin 8.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.21 Cr
Issued & subscribed
Open charges
₹14.14 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
74
Provident fund records
About Hi-Mak Private Limited
Data last updated:
Hi-Mak Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 16 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2011PTC067842. Its GSTIN is 24AACCH8291H1ZG (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.21 Cr. It was formerly known as Hi-Mak Process Controls Private Limited. It is led by directors Bhargav Keyurkumar Vyas (Managing Director) and Himaliben Keyurkumar Vyas.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 308 Blue Diamond Complex Fathegunj, Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2025, the company reported a revenue of ₹65.83 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Cr (net margin 5%) and EBITDA of ₹5.44 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 22% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hi-Mak. As per MCA filings, the company has open charges of ₹14.14 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.2 Cr; the latest was in September 2013.
Hi-Mak Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0001988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website himak.in.
Company details
CIN U29100GJ2011PTC067842
Registration Number 067842
Incorporation Date 16 November 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0001988
Recognitions & Rankings of Hi-Mak
Contact details
Hi-Mak Private Limited's registered office is in Vadodara, Gujarat. Its website is himak.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address308 Blue Diamond Complex Fathegunj, Vadodara, Gujarat, India – 390002
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Hi-Mak Private Limited, buy the company report.
Comprehensive company report
Hi-Mak Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Hi-Mak is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Hi-Mak Private Limited, buy the company report.
Financials of Hi-Mak Private Limited
FY 2025 filings availableHi-Mak Private Limited reported revenue of ₹65.83 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹65.83 Cr ▲ 25%
Net profit · FY 2025
₹3.29 Cr margin 5%
EBITDA · FY 2025
₹5.44 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 19%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 12%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 25% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹5.44 Cr | ||||
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| Net Profit (PAT) | ₹3.29 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 5% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hi-Mak Private Limited, buy the company report.
Board of directors of Hi-Mak Private Limited
Hi-Mak has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargav Keyurkumar Vyas Also directs: Mahiman Infotech Private Limited, Ampx Motors Private Limited | Managing Director | 27 Jul 2016 | 10 Years 3 Months | Current |
| Himaliben Keyurkumar Vyas | Director | 16 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Hi-Mak Private Limited is audited by CNK & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2023 | 101961W |
Shareholding
The shareholding of Hi-Mak Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi-Mak Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2023 | 100752012 | Others | ₹13.66 Lakh | Open | |
| 29 May 2013 | 10432952 | Others | ₹14 Cr | Open |
To see the full charge records of Hi-Mak Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hi-Mak Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.2 Cr; the latest was in September 2013.
Total deals
1
Funding round
1
Disclosed funding
₹3.2 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Funding round | ₹3.2 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hi-Mak Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thiruvananthapuram, Kerala | Criminal case | Filed against the company by Dhanamjai Nidhi Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Hi-Mak 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.
Credit ratings & regulatory alerts
Hi-Mak Private Limited was last rated by Crisil on 10 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Feb 2020 |
To see the full credit ratings and regulatory alerts of Hi-Mak Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi-Mak Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hi-Mak Private Limited has a workforce of 74 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
74
Active EPFO establishments
1
Employee growth
17.46%
GST
Hi-Mak has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH8291H1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Mak Private Limited, buy the company report.
Recent activity
Hi-Mak Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Bhargav Keyurkumar Vyas was appointed as Managing Director on 27 Jul 2016.
AGM
Hi-Mak Private Limited last Annual general meeting of members was held on 17 Jul 2025 as per latest MCA records.
Filing
Hi-Mak Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 14.00 Cr registered on 29 May 2013 with Charge ID 10432952 was modified on 19 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100752012 was registered on 03 Jul 2023.
Appointed
Bhargav Keyurkumar Vyas was appointed as Managing Director.
Ceased
Keyurkumar Parshuram Vyas ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 10432952 was registered on 29 May 2013.
Appointed
Himaliben Keyurkumar Vyas was appointed as Director.
Appointed
Keyurkumar Parshuram Vyas was appointed as Managing Director.
Incorporation
16 Nov 2011
Hi-Mak Private Limited was registered on 16 Nov 2011 with Roc Ahmedabad & aged 14 years 11 months as per MCA records.
Frequently asked questions
Hi-Mak is an active private limited company based in Vadodara, Gujarat, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 16 November 2011 (15+ years old) and is registered under CIN U29100GJ2011PTC067842.
Hi-Mak has 2 current directors:
- Bhargav Keyurkumar Vyas - Managing Director
- Himaliben Keyurkumar Vyas - Director
The latest financial statements of Hi-Mak on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Mak is 24AACCH8291H1ZG, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hi-Mak is U29100GJ2011PTC067842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Mak has 3 court cases on record: 3 filed against it. 1 is pending.
Hi-Mak was incorporated on 16 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hi-Mak has 1 deal on record (1 funding round), with disclosed funding of ₹3.2 Cr; the latest was in September 2013.
Bhargav Keyurkumar Vyas was appointed as Managing Director on 27 Jul 2016. Keyurkumar Parshuram Vyas ceased to be Managing Director on 14 Jul 2016. Himaliben Keyurkumar Vyas was appointed as Director on 16 Nov 2011. Hi-Mak has 4 board changes on record in total.
Yes, Hi-Mak is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0001988).
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