Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited - chemicals and materials in Na, Gujarat, India. FY 2026 financials and compliance.
CIN U24299GJ1990PTC013217 Incorporated 08 January 1990 ROC Ahmedabad HQ Na, Gujarat, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2025
₹110.98 Cr
▼ 5.00% YoY
EBITDA · FY 2025
*****
▼ 14.00% YoY
Net profit · FY 2025
*****
▼ 4.00% YoY
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹15.91 Cr
Satisfied ₹24.73 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
67
Latest available

About Hi-Shine Inks Private Limited

Data last updated: 07 March 2026

Hi-Shine Inks Private Limited is a private limited company based in Na, Gujarat, India. It specialises in colorants, dyes and pigments, a part of the broader chemicals and materials sector. Incorporated on 08 January 1990, the company has been in operation for over 36 years.

Registered with ROC Ahmedabad under CIN U24299GJ1990PTC013217.

Capital: an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. Formerly known as Utility Inks Pvt Ltd. It is led by directors Nitin Chunilal Mehta and Ankit Prakashbhai Shroff.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 208 Gidc Estate Antalika Via Bilimora Dist: Navsari, Gujarat, India – 396325.

As per the financials filed for FY 2025, the company reported a revenue of ₹110.98 Cr, a decline of 5% compared to the previous year.

The company has a workforce of approximately 67 employees as per the latest available data.

The company is associated with 1 brand - Hi-Shine Inks. As per MCA filings, the company has open charges of ₹15.91 Cr and satisfied charges of ₹24.73 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hishineinks.com.

Company Details of Hi-Shine Inks Private Limited
CIN U24299GJ1990PTC013217
Registration Number 013217
Incorporation Date 08 January 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    208 Gidc Estate Antalika Via Bilimora Dist: Navsari, Gujarat, India – 396325
  • Industry
    Chemicals and Materials, Colorants, Dyes & Pigments
Company report
Hi-Shine Inks Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Hi-Shine Inks Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited operates one associated brand: Hi-Shine Inks. These brands represent Hi-Shine Inks Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Ink manufacturing for writing instruments, including pens and markers, in India. hishineinks.com

Business Activity of Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products *********

Auditor Details of Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited is audited by M/s S. M. DESAI & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
M/s S. M. DESAI & CO. blur-value blur-value blur-value

Board of Directors of Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Nitin Chunilal Mehta Director 08 Jan 1990 36 Years 6 Months Current
Ankit Prakashbhai Shroff Director 22 Jul 2022 3 Years 11 Months Current

Financials of Hi-Shine Inks Private Limited FY 2025 filings available

Hi-Shine Inks Private Limited reported revenue of ₹110.98 Cr (down 5% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹110.98 Cr ▼ -5%
Profit
***** ▼ -4%
EBITDA
***** ▼ -14%
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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Audit Fees
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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
EBITDA (Operating Profit)
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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
Tax Expense
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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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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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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Other Current Assets
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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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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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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 CFF (Cash from Financing)
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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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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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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 Hi-Shine Inks Private Limited

As of FY 2023, Hi-Shine Inks Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

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 Hi-Shine Inks Private Limited

Open charges
₹15.91 Cr
Satisfied charges
₹24.73 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹15.91 Cr
Latest charge details
DateLenderAmountStatus
25 Mar 2021 Hdfc Bank Limited ₹15.91 Cr Open
22 Oct 2020 Hdfc Bank Limited ₹4 Cr Satisfied
17 Jun 2015 Hdfc Bank Limited ₹50 Lakh Satisfied
16 Mar 2015 Hdfc Bank Limited ₹10 Cr Satisfied
20 Jun 2011 Hdfc Bank Limited ₹4.4 Cr Satisfied

Total charge records: 13 View all charges

Employees and EPFO Compliance at Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited has a workforce of 67 employees as of Apr 02, 2024.

Employee count
67
Active EPFO establishments
1
Employee growth
-1.47%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Hi-Shine Inks Private 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 Hi-Shine Inks Private Limited

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

GSTIN & GST Filing Data of Hi-Shine Inks Private 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 Hi-Shine Inks Private 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 Hi-Shine Inks Private 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 Hi-Shine Inks Private Limited

MSME Payment Delays by Hi-Shine Inks Private 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 Hi-Shine Inks Private Limited

Subsidiaries & Group Companies of Hi-Shine Inks Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Hi-Shine Inks Private 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 Hi-Shine Inks Private Limited

MCA Filings & Documents of Hi-Shine Inks Private 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 Hi-Shine Inks Private Limited

Activity
30 Sep 2025
Hi-Shine Inks Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Hi-Shine Inks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
26 Jul 2022
A charge registered on 22 Oct 2020 via Charge ID 100386736 with Hdfc Bank Limited was fully satisfied on 26 Jul 2022.
Charges
26 Jul 2022
A charge registered on 16 Mar 2015 via Charge ID 10561081 with Hdfc Bank Limited was fully satisfied on 26 Jul 2022.
Directors
22 Jul 2022
Ankit Prakashbhai Shroff was appointed as a Director on 22 Jul 2022 & has been associated with this company since 3 years 11 months.
Charges
02 Sep 2021
A charge with Hdfc Bank Limited of Rs. 1,590.81 Lakh registered on 25 Mar 2021 with Charge ID 100445894 was modified on 02 Sep 2021.

Frequently Asked Questions about Hi-Shine Inks Private Limited

Hi-Shine Inks Private Limited is an active private limited company in the chemicals and materials sector based in Na, Gujarat, India. It was incorporated on 08 January 1990 (36+ years old) and is registered under CIN U24299GJ1990PTC013217. The company has 67 employees.

Hi-Shine Inks Private Limited reported revenue of ₹110.98 Cr for FY 2025 (down 5.00% YoY).

The current directors of Hi-Shine Inks Private Limited are:

The primary industry of Hi-Shine Inks Private Limited is chemicals and materials. The company specifically operates in colorants, dyes and pigments. The company is currently active in this sector.

Hi-Shine Inks Private Limited can be reached at the registered office: 208 Gidc Estate Antalika Via Bilimora Dist: Navsari, Gujarat, India – 396325, or through the website hishineinks.com.

The authorised capital is ₹15 Lakh, and the paid-up capital is ₹15 Lakh.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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