Hiten Fasteners Private Limited

Hiten Fasteners Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U28112KA1983PTC005693 Incorporated 21 November 1983 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2025
₹159.46 Cr
▼ 13% YoY
Net profit · FY 2025
₹88.05 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹16.58 Cr
EBITDA margin 10.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.9 Cr
Issued & subscribed
Open charges
₹84.08 Cr
Satisfied ₹22.12 Cr
Company age
43 yrs
Est. 1983
Employees · EPFO
585
Provident fund records

About Hiten Fasteners Private Limited

Data last updated:

Hiten Fasteners Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 November 1983 and has been in existence for over 43 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28112KA1983PTC005693. Its GSTIN is 29AAACH2970H1ZI (Karnataka). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.9 Cr. It is led by directors including Saikumar Balakrishnan (Managing Director) and Sudhir Pandey Kumar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.25A Doddanakkundiindustrial Area, Bangalore, Karnataka, India – 560048.

As per the financials filed for FY 2025, the company reported a revenue of ₹159.46 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹88.05 Lakh (net margin 0.6%) and EBITDA of ₹16.58 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.

The company has about 585 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹84.08 Cr and satisfied charges of ₹22.12 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.02 Cr; the latest was in March 2022. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 89 overdue payments to 20 micro and small suppliers.

Hiten Fasteners Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062790). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitenfasteners.com.

Company details

CIN U28112KA1983PTC005693
Registration Number 005693
Incorporation Date 21 November 1983
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0062790

CIN history

Hiten Fasteners has one previous CIN (Corporate Identification Number): U85110KA1983PTC005693. The current CIN is U28112KA1983PTC005693, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28112KA1983PTC005693Current
U85110KA1983PTC005693Previous
Key People
Saikumar Balakrishnan Managing Director Sudhir Pandey Kumar Whole-Time Director Gowrishankar Vellore Ramachandrasastry Whole-Time Director

Recognitions & Rankings of Hiten Fasteners

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0062790

Contact details

Hiten Fasteners Private Limited's registered office is in Bangalore, Karnataka. Its website is hitenfasteners.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    hitenfasteners.com
  • Registered Address
    No.25A Doddanakkundiindustrial Area, Bangalore, Karnataka, India – 560048
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Hiten Fasteners Private Limited, buy the company report.

Comprehensive company report
Hiten Fasteners Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Hiten Fasteners is manufacturing. In detail, this covers manufacture of basic metals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing24Manufacture of basic metals

To see the full business activity and turnover split of Hiten Fasteners Private Limited, buy the company report.

Financials of Hiten Fasteners Private Limited

FY 2025 filings available

Hiten Fasteners Private Limited reported revenue of ₹159.46 Cr (down 13% YoY) for FY 2025.

Revenue · FY 2025
₹159.46 Cr ▼ 13%
Net profit · FY 2025
₹88.05 Lakh margin 0.6%
EBITDA · FY 2025
₹16.58 Cr margin 10.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 19%
5 years · compounded
▲ 15%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 19% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹88.05 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin10.4%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Hiten Fasteners Private Limited, buy the company report.

Board of directors of Hiten Fasteners Private Limited

Hiten Fasteners has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Achuthan ChandrasekharanDirector19 Jan 20242 Years 9 MonthsCurrent
Saikumar Balakrishnan
Also directs: Hiten Heat Treaters Private Limited, Hiten Rail Fasteners Private Limited
Managing Director10 Oct 199135 Years 0 MonthsCurrent
Sudhir Pandey KumarWhole-Time Director30 Sep 201511 Years 1 MonthsCurrent
Gowrishankar Vellore Ramachandrasastry
Also directs: Shaashwati Rotrix LLP, Shri Godhan Biosol Private Limited, Hiten Heat Treaters Private Limited and 5 more
Whole-Time Director05 Jun 20197 Years 4 MonthsCurrent
Preethi SaikumarWhole-Time Director01 Aug 201610 Years 3 MonthsCurrent
Rajagopal PappuswamyAdditional Director30 Jun 20251 Years 4 MonthsCurrent
View all directors

Auditor

Hiten Fasteners Private Limited is audited by ISHWAR AND GOPAL for the financial year 2022.

Auditor firmFinancial yearFirm registration number
ISHWAR AND GOPALFY 2022001154S

Shareholding

The shareholding of Hiten Fasteners 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Hiten Fasteners Private Limited, buy the company report.

Charges & borrowings

Open charges
₹84.08 Cr
Satisfied charges
₹22.12 Cr
Breakdown by lending institutions
State Bank of India₹58.70 Cr
Axis Bank Limited₹15.00 Cr
Others₹10.00 Cr
Karnataka State Financial Corporation₹0.38 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 2025101141691Others₹10 CrOpen
05 Aug 2025101141538Axis Bank Limited₹15 CrOpen
04 Oct 2017100138259Karnataka State Financial Corporation₹38 LakhOpen
23 Jun 199590193913State Bank of India₹58.7 CrOpen
31 Dec 2018100241150Karnataka State Financial Corporation₹2 CrSatisfied

To see the full charge records of Hiten Fasteners Private Limited, buy the company report.

Total charge records: 22 View all charges

Deals & funding

Hiten Fasteners Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.02 Cr; the latest was in March 2022.

Total deals
10
Secondary share transfers
7
Funding rounds
3
Disclosed funding
₹4.02 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: Rajendra Prasad Sharma HUF, an individual
Dec 2021Funding round₹30 LakhInvestors: an individual
Dec 2021Secondary share transferUndisclosedBuyer: an individual
Seller: Rajendra Prasad Sharma HUF
Jun 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Rajendra Prasad Sharma HUF
Mar 2006Funding round₹66 LakhInvestors: Karnataka Oem and Spares Private Limited , 3 individuals

To see the full deal history of Hiten Fasteners Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Hiten Fasteners Private Limited was last rated by Care on 04 Aug 2023.

Rating agencyRated onRating
Care04 Aug 2023

To see the full credit ratings and regulatory alerts of Hiten Fasteners Private Limited, buy the company report.

MSME payment delays

Hiten Fasteners Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 89 overdue payments to 20 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 20)

SupplierAmount dueDue sinceReported on
Ambica Patterns (India) Private Limited
Avighna Industries
Raj Hardmetal Products
Shreesai Intermediates Private Limited
an individual supplier

To see the full MSME payment records of Hiten Fasteners Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Hiten Fasteners Private Limited has a workforce of 585 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.

Employee count
585
Active EPFO establishments
2
Employee growth
1.21%

GST

Hiten Fasteners has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAACH2970H1ZIKarnatakaActive01 Jul 2017
27AAACH2970H1ZMMaharashtraActive31 Oct 2022
03AAACH2970H1ZWPunjabActive04 Nov 2022

To see the full GST registrations and return filing status of Hiten Fasteners Private Limited, buy the company report.

Recent activity

Hiten Fasteners Private Limited has 15 board changes on record since 1991: 6 appointments and 9 cessations. The latest: Rajagopal Pappuswamy was appointed as Additional Director on 30 Jun 2025.

AGM
Hiten Fasteners Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101141691 was registered on 06 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101141538 was registered on 05 Aug 2025.
Charges
A charge with Karnataka State Financial Corporation of Rs. 0.38 Cr registered on 04 Oct 2017 with Charge ID 100138259 was modified on 21 Jul 2025.
Appointed
Rajagopal Pappuswamy was appointed as Additional Director.
Filing
Hiten Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 58.70 Cr registered on 23 Jun 1995 with Charge ID 90193913 was modified on 04 Oct 2024.
Ceased
Achuthan Chandrasekharan ceased to be Additional Director.
Ceased
Murali Ananthasubramanian Pathai ceased to be Additional Director.
Appointed
Achuthan Chandrasekharan was appointed as Director.
Charges
A charge registered on 17 Nov 2017 via Charge ID 100138301 with Others was fully satisfied on 23 May 2023.
Charges
A charge registered on 31 Dec 2018 via Charge ID 100241150 with Karnataka State Financial Corporation was fully satisfied on 14 Oct 2022.

51 earlier events are in the company report.

Frequently asked questions

Hiten Fasteners is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 November 1983 (43+ years old) and is registered under CIN U28112KA1983PTC005693.

Hiten Fasteners has 6 current directors:

The latest financial statements of Hiten Fasteners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Hiten Fasteners is 29AAACH2970H1ZI, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACH2970H1ZM (Maharashtra), 03AAACH2970H1ZW (Punjab).

The CIN (Corporate Identification Number) of Hiten Fasteners is U28112KA1983PTC005693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hiten Fasteners has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.

Hiten Fasteners was incorporated on 21 November 1983, making it 43+ years old. It is registered with the Registrar of Companies, Bangalore.

Hiten Fasteners has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.02 Cr; the latest was in March 2022.

Rajagopal Pappuswamy was appointed as Additional Director on 30 Jun 2025. Achuthan Chandrasekharan ceased to be Additional Director on 29 Sep 2024. Murali Ananthasubramanian Pathai ceased to be Additional Director on 05 Sep 2024. Hiten Fasteners has 15 board changes on record in total.

Yes, Hiten Fasteners is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0062790).

Hiten Fasteners has 7 MSME Form 1 returns on record between 2021 and 2024, listing 89 overdue payments to 20 micro and small suppliers. The latest return was filed on 01 May 2024.