About Hindustan Platinum Private Limited
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Hindustan Platinum Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 04 October 1961 and has been in existence for over 65 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1961PTC012143. Its GSTIN is 27AAACH1111J1Z2 (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹42.57 Cr. It was formerly known as Ravindra Heraeus Limited and Ravindra Platinum Private Limited. It is led by directors including Gaurav Abhay Choksi (Whole-Time Director) and Gautam Ashok Choksi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C 122 Ttc Industrial Area Pawane Village, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹8,677.5 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹202.62 Cr (net margin 2.3%) and EBITDA of ₹400.3 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 42% over five years.
The company has about 714 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hindustan Platinum. As per MCA filings, the company has open charges of ₹2,069.15 Cr and satisfied charges of ₹1,038.56 Cr on record. Court records list 57 cases involving the company, including 34 filed by the company and 23 filed against it; 9 cases are pending. The company has 19 deals on record (19 secondary share transfers); the latest was in April 2024. The company has 29 MSME Form 1 returns on record between 2011 and 2024, listing 3,528 overdue payments to 98 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hp.co.in.
Company details
Name history
Hindustan Platinum has undergone 3 name changes throughout its history. The company was previously known as Ravindra Heraeus Limited, Ravindra Platinum Private Limited, and Ravindra Heraeus Private Limited. The current legal name is Hindustan Platinum Private Limited.
| Company Name | Status |
|---|---|
| Hindustan Platinum Private Limited | Current |
| Ravindra Heraeus Limited | Previous |
| Ravindra Platinum Private Limited | Previous |
| Ravindra Heraeus Private Limited | Previous |
Contact details
Hindustan Platinum Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is hp.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC 122 Ttc Industrial Area Pawane Village, Navi Mumbai, Maharashtra, India – 400703
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Hindustan Platinum 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
Brands
Hindustan Platinum operates one associated brand: Hindustan Platinum. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and refining of precious metals and electrical components in India. | hp.co.in |
Business activity
The main business activities of Hindustan Platinum are manufacturing and electricity, gas, steam and air condition supply. 4 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| C | Manufacturing | C7 | Metal and metal products | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Hindustan Platinum Private Limited, buy the company report.
Financials of Hindustan Platinum Private Limited
FY 2025 filings availableHindustan Platinum Private Limited reported revenue of ₹8,677.5 Cr (up 111% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 111% growth in the latest year. EBITDA fell 20% 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 | ₹400.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹202.62 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 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Hindustan Platinum Private Limited, buy the company report.
Board of directors of Hindustan Platinum Private Limited
Hindustan Platinum has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Shashikant Choksi Also directs: Hindustan Platinum Wind Energy LLP, Ebullion Private Limited, Active Solar LLP and 5 more | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Gaurav Abhay Choksi Also directs: Hindustan Platinum Wind Energy LLP, Ebullion Private Limited, Active Solar LLP and 2 more | Whole-Time Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Gautam Ashok Choksi Also directs: Hindustan Platinum Wind Energy LLP, Ebullion Private Limited, Bona Terra Greenhouses LLP and 1 more | Whole-Time Director | 01 Nov 2016 | 10 Years 0 Months | Current |
| Vikram Sajanlal Choksi Also directs: Hindustan Platinum Wind Energy LLP, Umbrella Corporation Private Limited, Hindustan Pharmatech Private Limited and 5 more | Whole-Time Director | 17 Jul 1980 | 46 Years 3 Months | Current |
Auditor
Hindustan Platinum Private Limited is audited by Natvarlal Vepari &Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Natvarlal Vepari &Co. | FY 2023 | 106971W |
Shareholding
The shareholding of Hindustan Platinum 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 Hindustan Platinum Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100705441 | Hdfc Bank Limited | ₹2.81 Cr | Open | |
| 18 Jul 2022 | 100592962 | Others | ₹34.2 Lakh | Open | |
| 06 Jul 2020 | 100376591 | Standard Chartered Bank | ₹35 Cr | Open | |
| 07 Dec 2009 | 10188774 | Others | ₹2,031 Cr | Open | |
| 31 Dec 2013 | 10477738 | Citibank N. A. | ₹18.75 Cr | Satisfied |
To see the full charge records of Hindustan Platinum Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Hindustan Platinum Private Limited has 19 deals on record (19 secondary share transfers); the latest was in April 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Secondary share transfer | Undisclosed | Seller: Shashikant S. Choksi Huf, 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Shashikant S. Choksi Huf, 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Seller: Shashikant S. Choksi Huf, 3 individuals |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Hindustan Platinum Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hindustan Platinum Private Limited has 57 court cases on record: 34 filed by Hindustan Platinum, 23 filed against it. 9 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 5 | 6 |
| District courts | 22 | 14 | 3 |
| Supreme Court | 4 | 4 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Indian Platinum Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Seutic Labs Private Limited | Disposed |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed by the company against Indian Platinum Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Condation of Delay Application ULP) | Filed against the company by an individual | Pending |
To see the full case history of Hindustan Platinum 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
Hindustan Platinum Private Limited was last rated by Crisil on 04 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Feb 2020 |
To see the full credit ratings and regulatory alerts of Hindustan Platinum Private Limited, buy the company report.
MSME payment delays
Hindustan Platinum Private Limited has 29 MSME Form 1 returns on record between 2011 and 2024, listing 3,528 overdue payments to 98 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 98)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Mitsu Chem Plast Limited | |||
| Saileela Ammonia and Chemicals Pvt Ltd |
To see the full MSME payment records of Hindustan Platinum Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hindustan Platinum Private Limited has a workforce of 714 employees on its EPFO records as of Dec 13, 2024, across 1 active EPFO establishment.
GST
Hindustan Platinum has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH1111J1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hindustan Platinum Private Limited, buy the company report.
Recent activity
Hindustan Platinum Private Limited has 10 board changes on record since 1980: 5 appointments and 5 cessations. The latest: Baquer Bengaliwala Ismail was appointed as CFO on 15 May 2025.
84 earlier events are in the company report.
News
Frequently asked questions
Hindustan Platinum is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 04 October 1961 (65+ years old) and is registered under CIN U74999MH1961PTC012143.
Hindustan Platinum has 4 current directors:
- Gaurav Abhay Choksi - Whole-Time Director
- Gautam Ashok Choksi - Whole-Time Director
- Vikram Sajanlal Choksi - Whole-Time Director
- Vishwas Shashikant Choksi - Director
The latest financial statements of Hindustan Platinum on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hindustan Platinum is 27AAACH1111J1Z2, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Hindustan Platinum is U74999MH1961PTC012143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindustan Platinum has 57 court cases on record: 34 filed by the company and 23 filed against it. 9 are pending. Most are in the high courts.
Hindustan Platinum was incorporated on 04 October 1961, making it 65+ years old. It is registered with the Registrar of Companies, Mumbai.
Hindustan Platinum has 19 deals on record (19 secondary share transfers); the latest was in April 2024.
Baquer Bengaliwala Ismail was appointed as CFO on 15 May 2025. Abhay Sajanlal Choksi ceased to be Whole-Time Director on 01 Apr 2020. Gaurav Abhay Choksi was appointed as Whole-Time Director on 01 Apr 2020. Hindustan Platinum has 10 board changes on record in total.
Hindustan Platinum has 29 MSME Form 1 returns on record between 2011 and 2024, listing 3,528 overdue payments to 98 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Hindustan Platinum can be reached through the website hp.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.
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