About Hincon Holdings Limited
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Hincon Holdings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 24 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1996PLC102787. Its GSTIN is 27AAACH2592M1Z9 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹92.66 Lakh. It was formerly known as Hincon Holdings Private Limited. It is led by directors including Chandrahas Vinod Zaveri and Ajit Gulabchand.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.78 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 66%) and EBITDA of ₹1.36 Cr (EBITDA margin 76.3%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹10,115 Cr and satisfied charges of ₹3,765 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hinconholdings.com.
Company details
Contact details
Hincon Holdings Limited's registered office is in Mumbai, Maharashtra. Its website is hinconholdings.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressHincon House Lal Bahadur Shashtri Marg Vikhroli (Wes, T), Mumbai, Maharashtra, India – 400083
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Hincon Holdings 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 Hincon Holdings is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Hincon Holdings Limited, buy the company report.
Financials of Hincon Holdings Limited
FY 2025 filings availableHincon Holdings Limited reported revenue of ₹1.78 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 46% fall in the latest year. EBITDA rose 29% 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 | ₹1.36 Cr | ||||
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| Net Profit (PAT) | ₹1.18 Cr | ||||
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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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| EBITDA Margin | 76.3% | ||||
| Net Profit Margin | 66% | ||||
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To see the full financial statements and ratios of Hincon Holdings Limited, buy the company report.
Board of directors of Hincon Holdings Limited
Hincon Holdings has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrahas Vinod Zaveri | Director | 28 Mar 2018 | 8 Years 7 Months | Current |
| Ajit Gulabchand Also directs: Hindustan Construction Company Limited, Champali Garden Private Limited, Seamarine Investments Private Limited and 4 more | Director | 24 Sep 1996 | 30 Years 1 Months | Current |
| Shalaka Gulabchand Dhawan Also directs: Champali Garden Private Limited, Seamarine Investments Private Limited, Shalaka Investment Private Limited and 4 more | Director | 24 Sep 1996 | 30 Years 1 Months | Current |
Auditor
Hincon Holdings Limited is audited by Mehta & Pai for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta & Pai | FY 2022 | 113591W |
Shareholding
The shareholding of Hincon Holdings Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hincon Holdings Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2017 | 100081364 | Others | ₹1,424.6 Cr | Open | |
| 08 Feb 2017 | 100081373 | Others | ₹8,690.48 Cr | Open | |
| 08 Feb 2017 | 100081377 | Others | ₹149 Cr | Satisfied | |
| 08 Feb 2017 | 100081383 | Others | ₹3,616 Cr | Satisfied |
To see the full charge records of Hincon Holdings Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Hincon Holdings Limited has 3 court cases on record: 1 filed by Hincon Holdings, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Gulabchand Investments Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by Hincon Holidings Ltd. | Disposed |
| Bombay High Court | Appeal | Filed by the company against Gulabchand Investment Ltdand Hincon Holdings Ltd. | Disposed |
To see the full case history of Hincon Holdings 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 Hincon Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hincon Holdings has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
Hincon Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH2592M1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hincon Holdings Limited, buy the company report.
Recent activity
Hincon Holdings Limited has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Chandrahas Vinod Zaveri ceased to be Additional Director on 10 Jul 2018.
9 earlier events are in the company report.
Frequently asked questions
Hincon Holdings is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 24 September 1996 (30+ years old) and is registered under CIN U67120MH1996PLC102787.
Hincon Holdings has 3 current directors:
- Chandrahas Vinod Zaveri - Director
- Ajit Gulabchand - Director
- Shalaka Gulabchand Dhawan - Director
The latest financial statements of Hincon Holdings on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hincon Holdings is 27AAACH2592M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hincon Holdings is U67120MH1996PLC102787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hincon Holdings has 3 court cases on record: 1 filed by the company and 2 filed against it.
Hincon Holdings was incorporated on 24 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandrahas Vinod Zaveri ceased to be Additional Director on 10 Jul 2018. Chandrahas Vinod Zaveri was appointed as Director on 28 Mar 2018. Ram Pravinchandra Gandhi ceased to be Director on 28 Mar 2018. Hincon Holdings has 8 board changes on record in total.
Hincon Holdings can be reached through the website hinconholdings.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hincon Holdings is at Hincon House Lal Bahadur Shashtri Marg Vikhroli Wes, T, Mumbai, Maharashtra, India – 400083.