Hpl India Limited - Company Profile

Q: Who are the current directors of Hpl India Limited?

The current directors of Hpl India Limited are Lalit Seth, Rishi Seth, Gautam Seth.

It is a consumer electronics & durables public limited company based in Kasauli, Himachal Pradesh, India, established in 1989.

1989 Kasauli, Himachal Pradesh, India Active

Last Updated: December 21, 2025

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About Hpl India Limited

Hpl India Limited, a active public limited company, was established on 02 January 1989 in Kasauli, Himachal Pradesh, India. Engaging in electronics manufacturing within the manufacturing sector, it holds CIN: U74899HP1989PLC006680. Registered under ROC Roc Himachal Pradesh. it is unlisted. It has an authorized capital of ₹33.14 Cr and a paid-up capital of ₹29.18 Cr.

Formerly known as Hpl India Private Limited, Havell's Circuit Breakers Private Limited. It upholds a compliant status. Its leadership includes Lalit Seth (Director), Rishi Seth (Director), Gautam Seth (Director). Past directors included Lalit Seth, Praveen Seth, Rishi Seth. It holds ₹271.42 Cr open charges and ₹256.35 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Village Shavela, P.O. Jabli, Kasauli, Himachal Pradesh, 173209.

Company Details

CIN/LLPIN
U74899HP1989PLC006680
Registration Number
006680
Incorporation Date
02 January 1989
Authorized Capital
₹33.14 Cr
Paid-Up Capital
₹29.18 Cr
ROC Code
Roc Himachal Pradesh
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 33.14 Cr as on 21-12-2025
Paid Up Capital ₹ 29.18 Cr as on 21-12-2025
Company Age 37 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 271.42 Cr as on 21-12-2025
Satisfied Charges ₹ 256.35 Cr as on 21-12-2025
Revenue Growth **** -48.66% (FY 2023)
Profit Growth **** 5.12% (FY 2023)
Ebitda **** 17.63% (FY 2023)
Net Worth 3.74% (FY 2023)
Total Assets -4.13% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hpl India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hpl India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Lalit Seth	Director	07 Apr 2018	Current
Rishi Seth	Director	07 Apr 2018	Current
Gautam Seth	Director	07 Apr 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	28 Sep 2018	Past
Pramod Abcsdd	Additional Director	27 Jun 2016	Past
Pramod Abcsdd	Additional Director	28 Sep 2018	Past
Pramod Abcsdd	Additional Director	28 Sep 2018	Past
Pramod Abcsdd	Additional Director	09 Apr 2018	Past
Pramod Abcsdd	Additional Director	09 Apr 2018	Past

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Financial Performance of Hpl India.

Hpl India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.66% decrease. The company also saw a slight improvement in profitability, with a 5.12% increase in profit. The company's net worth moved up by a moderate rise of 3.74%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-48.66%

*******

Revenue from Operations

*******

-49.64%

*******

Total Assets

*******

-4.13%

*******

Profit or Loss

*******

5.12%

*******

Net Worth

*******

3.74%

*******

EBITDA

*******

17.63%

*******

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What is the Ownership and Shareholding Structure of Hpl India?

In 2023, Hpl India had a promoter holding of 99.73% and a public holding of 0.27%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,714,170,000.00

Satisfied Charges

₹2,563,490,000.00

Charges Breakdown by Lending Institutions

Others : 270.03 Cr
Vysya Bank Ltd. : 1.39 Cr

Latest Charge Details

Date	Lender	Amount	Status
06 Nov 2025	Others	₹10.03 Cr	Open
12 May 2016	Others	₹260.00 Cr	Open
12 Oct 1992	Vysya Bank Ltd.	₹7.20 M	Open
10 May 1991	Vysya Bank Ltd.	₹2.50 M	Open
07 Mar 1990	Vysya Bank Ltd.	₹0.30 M	Open

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How Many Employees Work at Hpl India?

Unlock and access historical data on people associated with Hpl India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hpl India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hpl India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hpl India

Recent Activity within the Organization

Charges

Progress on A charge with Others amounted to Rs. 10.03 Cr with Charge ID 101187104 was registered on 06 Nov 2025. was documented.
06 Nov 2025
Charges

The activity A charge registered on 12 Feb 2018 via Charge ID 100160193 with Karnataka Bank Ltd. was fully satisfied on 01 Nov 2025. was completed.
01 Nov 2025
Charges

A charge with Karnataka Bank Ltd. of Rs. 5.35 Cr registered on 12 Feb 2018 with Charge ID 100160193 was modified on 26 Nov 2024. was recorded as a recent event.
26 Nov 2024
Annual General Meeting

Progress on Hpl India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Progress on Hpl India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh. was documented.
31 Mar 2024
Director Appointment

The activity Lalit Seth was appointed as a Director was appointed as a Director on 07 Apr 2018 & has been associated with this company since 7 years 10 months . was completed.
07 Apr 2018

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