Hirakud Industrial Works Ltd - Company Profile

It is a metals and minerals public limited company based in Sambalpur, Orissa, India, established in 1993.
1993 Sambalpur, Orissa, India Active
Last Updated:
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About Hirakud Industrial Works Ltd

Hirakud Industrial Works Ltd, a active public limited company, was established on 12 March 1993 in Sambalpur, Orissa, India. Engaging in metal manufacturing & processing within the metals and minerals sector, it holds CIN: U45201OR1993PLC003239. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹8.58 Cr.

It upholds a compliant status. Its leadership includes Utpal Majumder (Director), Ritabrata Adak (Additional Director), Raj Biswas (Additional Director). Past directors included Ashok Kumar Goenka, Gautam Chanda, Goutam Kayal. It holds ₹39.32 Cr open charges and ₹2.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Hirakud Industrial Worksat-Hirakud, Sambalpur, Orissa, 768016.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45201OR1993PLC003239

  • Registration Number

    003239

  • Incorporation Date

    12 March 1993

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹8.58 Cr

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.58 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 39.32 Cr
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth **** %
  • Profit Growth **** -8529.92%
  • Ebitda **** -8885.85%
  • Net Worth -1.76%
  • Total Assets **** 5.43%
Company report

Hirakud Industrial Works Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Hirakud Industrial Works Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hirakud Industrial Works Ltd?
Current Directors
Name Designation Appointment Date Status
Utpal Majumder Director 21 Mar 2023 Current
Ritabrata Adak Additional Director 22 Mar 2024 Current
Raj Biswas Additional Director 30 Aug 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Jun 2011 Past
Pramod Abcsdd Director 23 Dec 2021 Past
Pramod Abcsdd Director 23 Dec 2021 Past
Pramod Abcsdd Director 23 Dec 2021 Past
Pramod Abcsdd Director 20 Nov 2008 Past
Pramod Abcsdd Director 28 Mar 2019 Past

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Financial Performance of Hirakud Industrial Works.

Hirakud Industrial Works Ltd, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 8529.92% decrease in profit. The company's net worth dipped by a decrease of 1.76%.

Hirakud Industrial Works revenue growth over time
Hirakud Industrial Works profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
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Total Assets
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 5.43%
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Profit or Loss
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 -8529.92%
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Net Worth
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 -1.76%
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EBITDA
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 -8885.85%
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What is the Ownership and Shareholding Structure of Hirakud Industrial Works?

In 2019, Hirakud Industrial Works had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹393,175,428.00

Satisfied Charges

₹25,000,000.00

Charges Breakdown by Lending Institutions
  • United Bank Of India : 37.79 Cr
  • Union Bank Of India : 1.00 Cr
  • The Industrial Development Corporation Fo Orissaltd. : 0.53 Cr
Latest Charge Details
Date Lender Amount Status
17 Dec 2005 The Industrial Development Corporation Fo Orissaltd. ₹5.28 M Open
18 Dec 1999 Union Bank Of India ₹5.00 M Open
18 Dec 1999 Union Bank Of India ₹5.00 M Open
20 May 1998 United Bank Of India ₹15.90 Cr Open
31 Mar 1993 United Bank Of India ₹10.06 Cr Open

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How Many Employees Work at Hirakud Industrial Works?

Unlock and access historical data on people associated with Hirakud Industrial Works, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hirakud Industrial Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hirakud Industrial Works's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hirakud Industrial Works
Recent Activity within the Organization
  • Director Appointment

    The activity Raj Biswas was appointed as a Additional Director was appointed as a Additional Director on 30 Aug 2025 & has been associated with this company since 8 months 27 days . was completed.

  • Annual General Meeting

    Hirakud Industrial Works Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Hirakud Industrial Works Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was recorded as a recent event.

  • Director Appointment

    Progress on Ritabrata Adak was appointed as a Additional Director was appointed as a Additional Director on 22 Mar 2024 & has been associated with this company since 2 years 2 months . was documented.

  • Charges

    A charge registered on 29 Jan 2008 via Charge ID 10084052 with Bank Of India was fully satisfied on 09 Nov 2023. was recorded as a recent event.

  • Director Appointment

    The activity Utpal Majumder was appointed as a Director was appointed as a Director on 21 Mar 2023 & has been associated with this company since 3 years 2 months . was completed.

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Frequently Asked Questions
What is the CIN of Hirakud Industrial Works Ltd?

The CIN of Hirakud Industrial Works Ltd is U45201OR1993PLC003239.

Where is Hirakud Industrial Works Ltd headquartered?

Hirakud Industrial Works Ltd is headquartered at Hirakud Industrial Worksat-Hirakud, Sambalpur, Orissa, 768016.

When was Hirakud Industrial Works Ltd incorporated?

Hirakud Industrial Works Ltd was incorporated on 12 March 1993.

Who are the current directors of Hirakud Industrial Works Ltd?

The current directors of Hirakud Industrial Works Ltd are

What is the primary industry of Hirakud Industrial Works Ltd?

The primary industry of Hirakud Industrial Works Ltd is Metals And Minerals.

Is Hirakud Industrial Works Ltd a listed company?

Hirakud Industrial Works Ltd is unlisted.

What is the capital structure of Hirakud Industrial Works Ltd?

The authorized capital of Hirakud Industrial Works Ltd is ₹10.00 Cr, and the paid-up capital is ₹8.58 Cr.

What is the compliance status of Hirakud Industrial Works Ltd?

The compliance status of Hirakud Industrial Works Ltd is Compliant.

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