Hmt Watches Limited - musical instruments in Bangalore, Karnataka, India. FY 2026 financials and compliance.
CIN U33301KA1999GOI025573 Incorporated 09 August 1999 ROC Bangalore HQ Bangalore, Karnataka, India
Pending Strike Off Public Limited Union Government Company musical instruments
Data last updated
Revenue · FY 2024
₹61.21 Lakh
▼ 55.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.49 Cr
Issued & subscribed
Open charges
₹9.75 Cr
Satisfied ₹135.66 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
3
Latest available

About Hmt Watches Limited

Data last updated: 17 February 2026

Hmt Watches Limited is a public limited union government company based in Bangalore, Karnataka, India, a subsidiary of H.M.T. Limited. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It specialises in jewellery, a part of the broader musical instruments sector. Incorporated on 09 August 1999, the company has been in operation for over 27 years.

Registered with ROC Bangalore under CIN U33301KA1999GOI025573.

Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.49 Cr. It is led by directors including Rajesh Kohli and Naresh Kumar.

Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Hmt Bhavanno.59 Bellary Road, Bangalore, Karnataka, India – 560032.

As per the financials filed for FY 2024, the company reported a revenue of ₹61.21 Lakh, a decline of 55% compared to the previous year.

The company has a workforce of approximately 3 employees as per the latest available data. It operates as a subsidiary of H.M.T. Limited.

As per MCA filings, the company has open charges of ₹9.75 Cr and satisfied charges of ₹135.66 Cr on record.

The company is under the process of being struck off by the Registrar of Companies. This typically indicates non-filing of statutory returns, and the company may soon cease to exist as a legal entity. The last known website on record is hmtwatches.in.

Company Details of Hmt Watches Limited
CIN U33301KA1999GOI025573
Registration Number 025573
Incorporation Date 09 August 1999
ROC Bangalore
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Parent Company H.M.T. Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Hmt Bhavanno.59 Bellary Road, Bangalore, Karnataka, India – 560032
  • Industry
    Musical Instruments, Jewellery, Sports Goods, Musical Instrument, Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Hmt Watches Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Hmt Watches Limited

Hmt Watches Limited has one previous CIN (Corporate Identification Number): U33301KA1999PLC025573. The current CIN is U33301KA1999GOI025573, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U33301KA1999GOI025573 Current
U33301KA1999PLC025573 Previous

Auditor Details of Hmt Watches Limited

Hmt Watches Limited is audited by M/s Raj Babu & Associates 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 Raj Babu & Associates Locked Locked Locked
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Complete auditor history for Hmt Watches Limited

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Board of Directors of Hmt Watches Limited

Hmt Watches Limited is currently managed by 3 directors, with 31 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
Rajesh Kohli Managing Director 05 Apr 2024 2 Years 4 Months Current
Naresh Kumar Nominee Director 27 Mar 2023 3 Years 4 Months Current
Prem Chandra Maurya Nominee Director 17 Jul 2025 1 Years 1 Months Current

Financials of Hmt Watches Limited FY 2025 filings available

Hmt Watches Limited reported revenue of ₹61.21 Lakh (down 55.00% YoY) for FY 2024.

Revenue · FY 2024
₹61.21 Lakh ▼ 55.00%
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Ten-year financial statements for Hmt Watches Limited

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Ownership and Shareholding of Hmt Watches Limited

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Shareholding and ownership data for Hmt Watches Limited

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Charges & Borrowings of Hmt Watches Limited

Open charges
₹9.75 Cr
Satisfied charges
₹135.66 Cr
Breakdown by lending institutions
Uco Bank₹81.64 Cr
Ucopnbsbt₹44.27 Cr
The Cosmos Co-Op. Bank Ltd.₹7.75 Cr
The Cosmos Co-Operative Bank Ltd.₹2.00 Cr
Latest charge details
DateLenderAmountStatus
20 Jan 2004 Ucopnbsbt ₹44.27 Cr Satisfied
01 Feb 2003 Uco Bank ₹27.32 Cr Satisfied
01 Feb 2003 Uco Bank ₹27.32 Cr Satisfied
25 Jan 2003 Uco Bank ₹5 Cr Satisfied
27 Aug 2002 The Cosmos Co-Op. Bank Ltd. ₹2 Cr Satisfied

Total charge records: 12 View all charges

Employees and EPFO Compliance at Hmt Watches Limited

Hmt Watches Limited has a workforce of 3 employees as of Apr 08, 2024.

Employee count
3
Active EPFO establishments
1
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Employee and EPFO history for Hmt Watches Limited

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GST Compliance of Hmt Watches Limited

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GST registrations and filing compliance for Hmt Watches Limited

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Credit Ratings, Litigation & Regulatory Alerts for Hmt Watches Limited

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Credit ratings, litigation, and regulatory alerts for Hmt Watches Limited

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MSME Payment Delays by Hmt Watches Limited

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MSME payment history for Hmt Watches Limited

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Subsidiaries & Group Companies of Hmt Watches Limited

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Corporate group structure for Hmt Watches Limited

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MCA Filings & Documents of Hmt Watches Limited

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MCA filings and documents for Hmt Watches Limited

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Recent Activity on Hmt Watches Limited

Activity
24 Sep 2025
Hmt Watches Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Directors
17 Jul 2025
Prem Chandra Maurya was appointed as a Nominee Director on 17 Jul 2025 & has been associated with this company since 1 year 1 month.
Activity
31 Mar 2025
Hmt Watches Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Directors
05 Apr 2024
Rajesh Kohli was appointed as a Managing Director on 05 Apr 2024 & has been associated with this company since 2 years 4 months.
Directors
27 Mar 2023
Naresh Kumar was appointed as a Nominee Director on 27 Mar 2023 & has been associated with this company since 3 years 4 months.
Charges
02 Sep 2010
A charge registered on 01 Feb 2003 via Charge ID 90198245 with Uco Bank was fully satisfied on 02 Sep 2010.

Frequently Asked Questions about Hmt Watches Limited

Hmt Watches Limited is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.

Hmt Watches Limited is a company pending strike off, currently registered as a public limited union government company in the musical instruments sector based in Bangalore, Karnataka, India. It was incorporated on 09 August 1999 and is registered under CIN U33301KA1999GOI025573. The company may be struck off soon - caution is advised.

The compliance status of Hmt Watches Limited is compliant as of 17 February 2026.

The current directors of Hmt Watches Limited are:

The CIN (Corporate Identification Number) of Hmt Watches Limited is U33301KA1999GOI025573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Hmt Watches Limited is musical instruments. The company specifically operates in jewellery.

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