About Hiran Orgochem Limited
Data last updated:
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 operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 22 March 1983.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1983PLC029596. The company has 4 GST registrations on record, none of which is active. It is a listed company.
The company has an authorised share capital of ₹105 Cr and a paid-up capital of ₹98.66 Cr. It is led by directors including Kantilal Mangalchand Hiran (Managing Director) and Hirachand Nemichand Bafna.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.3 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹27.76 Cr and EBITDA of -₹28.58 Cr. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
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. Court records list 36 cases involving the company, including 14 filed by the company and 17 filed against it; 4 cases are pending. The company has 91 deals on record (91 market trades); the latest was in June 2014.
The last known website on record is hiranorgochem.com.
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- Registered AddressUnit 908 9th Flr Ijmima – Immitation Jewellery Mkt Csl Raheja Metroplex Link Road Malad, (West), Mumbai, Maharashtra, India – 400064
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Financials of Hiran Orgochem Limited FY 2015 filings available
Hiran Orgochem Limited reported revenue of ₹1.3 Cr (down 63% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR) of Hiran Orgochem Limited
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years, including a 63% fall 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 of Hiran Orgochem Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹1.3 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹28.58 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹27.76 Cr |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of Hiran Orgochem Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hiran Orgochem are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Hiran Orgochem Limited
Hiran Orgochem Limited is audited by M V K ASSOCIATES for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M V K ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hiran Orgochem Limited
Hiran Orgochem has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dariyadevi Kantilal Hiran | Additional Director | 31 Jan 2015 | 11 Years 8 Months | As last reported |
| Hirachand Nemichand Bafna Also directs: World Water Fun Resorts Limited, Kaiross Xchange Limited | Director | 01 Jun 1992 | 34 Years 4 Months | As last reported |
| Kantilal Mangalchand Hiran | Managing Director | 15 Nov 1991 | 34 Years 10 Months | As last reported |
Ownership and Shareholding of Hiran Orgochem Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hiran Orgochem Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Deals & Funding of Hiran Orgochem Limited
Hiran Orgochem Limited has 91 deals on record (91 market trades); the latest was in June 2014.
Deals on record (5 of 91)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Market trade | ₹3.2 Lakh | Buyer: Lilac Farms Private Limited Seller: Meet Finance Private Limited |
| Jan 2014 | Market trade | ₹3.2 Lakh | Buyer: Meet Finance Private Limited Seller: Cherry Cosmetics Private Limited |
| Jun 2011 | Market trade | ₹39.8 Lakh | Buyer: Delight Financial Advisor Private Limited , an individual Seller: Sicom Limited |
| May 2011 | Market trade | ₹53 Lakh | Buyer: Delight Financial Advisor Private Limited |
| Apr 2011 | Market trade | ₹92.3 Lakh | Buyer: Indravarun Trade Impex Private Limited Seller: Indravarun Trade Impex Private Limited |
Full deal history
All 91 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Hiran Orgochem Limited
Hiran Orgochem Limited has 36 court cases on record: 14 filed by Hiran Orgochem, 17 filed against it, 5 where it is another party. 4 cases are pending and 32 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 12 | 1 |
| High courts | 16 | 5 | 3 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Serum Institute of India Private Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Serum Institute of India Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Serum Institute of India Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Sicom Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against Sicom Limited | Disposed |
Full case history
All 36 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Hiran Orgochem Limited
Hiran Orgochem operates one associated brand: Hiran Orgochem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures active pharmaceutical ingredients in a competitive market. | hiranorgochem.com |
Employees and EPFO Compliance at Hiran Orgochem Limited
Employment history and EPFO contributions of people linked to Hiran Orgochem.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Hiran Orgochem Limited
Hiran Orgochem 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 |
Recent Activity on Hiran Orgochem Limited
Hiran Orgochem Limited has 19 board changes on record since 1991: 11 appointments and 8 cessations. The latest: Nitinn Satyendra Gupta ceased to be Director on 30 Nov 2018.
37 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hiran Orgochem Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hiran Orgochem Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hiran Orgochem Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hiran Orgochem Limited
Hiran Orgochem has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hiran Orgochem Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hiran Orgochem Limited
Hiran Orgochem 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 is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. 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 reported revenue of ₹1.3 Cr for FY 2015 (down 63% YoY).
Hiran Orgochem has 3 current directors:
- Kantilal Mangalchand Hiran - Managing Director
- Dariyadevi Kantilal Hiran - Additional Director
- Hirachand Nemichand Bafna - Director
Hiran Orgochem reported a net loss of ₹27.76 Cr and EBITDA of -₹28.58 Cr for FY 2015, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hiran Orgochem is -70% over three years. In the latest year (FY 2015) revenue fell 63%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Hiran Orgochem 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 is a listed company.
Hiran Orgochem has open charges of ₹194.96 Cr and satisfied charges of ₹14.51 Cr as per latest MCA filings.
Hiran Orgochem has 36 court cases on record: 14 filed by the company and 17 filed against it. 4 are pending. Most are in the district courts.