Hiran Orgochem Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L51900MH1983PLC029596 Incorporated 22 March 1983 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Listed Public Limited Company pharma
Data last updated
Revenue · FY 2015
₹1.3 Cr
▼ 63.41% YoY
EBITDA · FY 2015
*****
▼ 343.54% YoY
Net profit · FY 2015
*****
▼ 284.66% YoY
Authorised capital
₹105 Cr
Registered with MCA
Paid-up capital
₹98.66 Cr
Issued & subscribed
Open charges
₹194.96 Cr
Satisfied ₹14.51 Cr
Company age
43 yrs
Est. 1983
Last financials
Mar 2015
Balance sheet date

About Hiran Orgochem Limited

Data last updated: 24 June 2025

Hiran Orgochem Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in pharmaceutical retail and distribution, a part of the broader pharmaceuticals sector. Incorporated on 22 March 1983, the company has been in operation for over 43 years.

Registered with ROC Mumbai under CIN L51900MH1983PLC029596. Listed.

Capital: an authorised share capital of ₹105 Cr and a paid-up capital of ₹98.66 Cr. It is led by directors including Hirachand Nemichand Bafna and Nitinn Satyendra Gupta.

Last AGM: 30 September 2015. Financial statements filed for year ended 31 March 2015. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2015, the company reported a revenue of ₹1.3 Cr, a decline of 63.41% compared to the previous year.

The company is associated with 1 brand - Hiran Orgochem. As per MCA filings, the company has open charges of ₹194.96 Cr and satisfied charges of ₹14.51 Cr on record.

The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is hiranorgochem.com.

Company Details of Hiran Orgochem Limited
CIN L51900MH1983PLC029596
Registration Number 029596
Incorporation Date 22 March 1983
ROC Mumbai
Listing Status Listed
Company Status Under Liquidation
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    Unit 908 9Th Flr Ijmima – Immitation Jewellery Mkt Csl Raheja Metroplex Link Road Malad, (West), Mumbai, Maharashtra, India – 400064
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors
Company report
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Financials, compliance, directors, charges, ownership and filings for Hiran Orgochem Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Hiran Orgochem Limited

Hiran Orgochem Limited has one previous CIN (Corporate Identification Number): U51900MH1983PLC029596. The current CIN is L51900MH1983PLC029596, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L51900MH1983PLC029596 Current
U51900MH1983PLC029596 Previous

Associated Brands with Hiran Orgochem Limited

Hiran Orgochem Limited operates one associated brand: Hiran Orgochem. These brands represent Hiran Orgochem Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures active pharmaceutical ingredients in a competitive market. hiranorgochem.com

Competitors & Alternatives of Hiran Orgochem Limited

Brands and companies operating in the same space as Hiran Orgochem Limited include Laurus Labs, Symbiotec, Beijing Biostar Technologies and 6 more.

Competitor Description Location Founded
Laurus Labs Laurus Labs Pharmaceutical and biotechnology company Hyderabad, India, India 2005
Symbiotec Symbiotec Non-sterile steroid hormone-based APIs and intermediates are manufactured. Indore, India, India 2002
Beijing Biostar Technologies Beijing Biostar Technologies APIs, intermediates, and biochemical reagents are developed and manufactured. Beijing, China, China 2002
Sterling Pharma Solutions Sterling Pharma Solutions Contract development, manufacturing, and analytical services for APIs are offered. Dudley, United Kingdom, United Kingdom 2016
Provepharm Life Solutions Provepharm Life Solutions APIs and drug products are developed and valorized in pharmaceuticals. Marseille, France, France 1998
Hikal Hikal APIs and intermediates are produced via custom synthesis and research. Mumbai, India, India 1988
Snapdragon Chemistry Snapdragon Chemistry Drug discovery and development service provider Cambridge, United States, United States 2014
SeQuent SeQuent APIs are developed and manufactured for therapeutic areas. Bengaluru, India, India 2002
Jubilant Pharma Jubilant Pharma Pharmaceuticals, APIs, and radiopharmaceuticals are manufactured by the company. Noida, India, India 1978

Auditor Details of Hiran Orgochem Limited

Hiran Orgochem Limited is audited by M V K ASSOCIATES for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
M V K ASSOCIATES blur-value blur-value blur-value

Board of Directors of Hiran Orgochem Limited

Hiran Orgochem Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Hirachand Nemichand Bafna Director 01 Jun 1992 34 Years 1 Months As last reported
Nitinn Satyendra Gupta Director 06 Aug 2014 11 Years 11 Months As last reported
Kantilal Mangalchand Hiran Managing Director 15 Nov 1991 34 Years 7 Months As last reported
Dariyadevi Kantilal Hiran Additional Director 31 Jan 2015 11 Years 5 Months As last reported

Financials of Hiran Orgochem Limited FY 2015 filings available

Hiran Orgochem Limited reported revenue of ₹42.22 Lakh (down -63.41% YoY) for FY 2015. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹42.22 Lakh ▼ -63.41%
Profit
***** ▼ -284.66%
EBITDA
***** ▼ -343.54%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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Changes in Working Capital
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Creditor Days
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Hiran Orgochem Limited

As of FY 2015, Hiran Orgochem Limited's shareholding pattern shows 20.70% by promoters, 3.37% by domestic institutional investors (DII), 4.64% by public shareholders, 67.94% by others.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Hiran Orgochem Limited

Open charges
₹194.96 Cr
Satisfied charges
₹14.51 Cr
Breakdown by lending institutions
Edelweiss Asset Reconstruction Company Limited₹179.96 Cr
Sicom Limited₹15.00 Cr
Latest charge details
DateLenderAmountStatus
21 Dec 2010 Sicom Limited ₹15 Cr Open
15 Jan 2009 Edelweiss Asset Reconstruction Company Limited ₹98 Cr Open
22 Feb 1999 Edelweiss Asset Reconstruction Company Limited ₹81.96 Cr Open
11 Mar 2002 Uti Bank Ltd ₹2 Cr Satisfied
17 Apr 1998 Gujrat Industrial Investment Corporation Ltd ₹95 Lakh Satisfied

Total charge records: 12 View all charges

Employees and EPFO Compliance at Hiran Orgochem Limited

View historical data on people associated with Hiran Orgochem Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Hiran Orgochem Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Hiran Orgochem Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Hiran Orgochem Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Hiran Orgochem Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Hiran Orgochem Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Hiran Orgochem Limited

MSME Payment Delays by Hiran Orgochem Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Hiran Orgochem Limited

Subsidiaries & Group Companies of Hiran Orgochem Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Hiran Orgochem Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Hiran Orgochem Limited

MCA Filings & Documents of Hiran Orgochem Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Hiran Orgochem Limited

Activity
30 Sep 2015
Hiran Orgochem Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Activity
31 Mar 2015
Hiran Orgochem Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai.
Directors
31 Jan 2015
Dariyadevi Kantilal Hiran was appointed as a Additional Director on 31 Jan 2015 & has been associated with this company since 11 years 5 months.
Charges
15 Jan 2015
A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 98.00 Cr registered on 15 Jan 2009 with Charge ID 10138433 was modified on 15 Jan 2015.
Directors
06 Aug 2014
Nitinn Satyendra Gupta was appointed as a Director on 06 Aug 2014 & has been associated with this company since 11 years 11 months.
Charges
19 Mar 2014
A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 81.96 Cr registered on 22 Feb 1999 with Charge ID 90163831 was modified on 19 Mar 2014.

Frequently Asked Questions about Hiran Orgochem Limited

Hiran Orgochem Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Hiran Orgochem Limited is a company under liquidation, formerly operating as a public limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 22 March 1983 and is registered under CIN L51900MH1983PLC029596. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Hiran Orgochem Limited reported revenue of ₹1.3 Cr for FY 2015 (down 63.41% YoY).

The CIN (Corporate Identification Number) of Hiran Orgochem Limited is L51900MH1983PLC029596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes, Hiran Orgochem Limited is a listed company.

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