Hwaseung Ia Automotives Private Limited

Manufactures and sells automotive components like weather strips and hoses.

2017 | Ananthapur, Andhra Pradesh (India) | Active
Last Updated:

Hwaseung Ia Automotives Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 21.13 Cr
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Revenue Growth 66.97%
  • Profit Growth 1708.68%
  • Ebitda 408.79%
  • Net Worth 30.47%
  • Total Assets 5.13%

About Hwaseung Ia Automotives

Hwaseung Ia Automotives Private Limited (HIAPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 November 2017 (Seven years and six months 6 days old ). Its registered office is in Ananthapur, Andhra Pradesh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 21.13 Cr.

The company currently has active open charges totaling ₹50.00 Cr.

The Key Managerial Personnel (KMP) at Hwaseung Ia Automotives Private Limited India is Manjula Sridharan as COMPANY SECRETARY. Choi Soo and Hyeong Kim serve as directors at the Company.

Company Details

  • Location

    Ananthapur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209AP2017PTC107062

  • Company No.

    107062

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 2017

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing
Company report

Hwaseung Ia Automotives Private Limited

Explore comprehensive data for Hwaseung Ia Automotives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hwaseung Ia Automotives?

Executive Team (2)

NameDesignationAppointment DateStatus
Choi Soo Country flag representing Kr Managing Director12-Dec-2018Current
Manjula Sridharan Country flag representing In Company Secretary07-Dec-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Hyeong Kim Country flag representing Kr Director 19-Apr-2022Current

Financial Performance of Hwaseung Ia Automotives.

Hwaseung Ia Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.97% increase. The company also saw a substantial improvement in profitability, with a 1708.68% increase in profit. The company's net worth Soared by an impressive increase of 30.47%.

Hwaseung Ia Automotives revenue growth over time
Hwaseung Ia Automotives profit and loss trends over time
  • 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
66.97%
Revenue from Operations
67.17%
Total Assets
5.13%
Profit or Loss
1708.68%
Net Worth
30.47%
EBITDA
408.79%

What is the Ownership and Shareholding Structure of Hwaseung Ia Automotives?

In 2023, Hwaseung Ia Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2024Axis Bank Limited₹50.00 CrOpen

How Many Employees Work at Hwaseung Ia Automotives?

Hwaseung Ia Automotives has a workforce of 65 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Hwaseung Ia Automotives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hwaseung Ia Automotives, 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 Hwaseung Ia Automotives's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Hwaseung Ia Automotives

Recent activity within the organization

  • Annual General Meeting

    Hwaseung Ia Automotives Private Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Hwaseung Ia Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100867219 was registered on 05 Jan 2024.

  • Director Appointment

    Manjula Devi Sridharan was appointed as a Company Secretary was appointed as a Company Secretary on 07 Dec 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Hyeong Jin Kim was appointed as a Director was appointed as a Director on 19 Apr 2022 & has been associated with this company since 3 years 1 month .

  • Director Appointment

    Choi Sung Soo was appointed as a Managing Director was appointed as a Managing Director on 12 Dec 2018 & has been associated with this company since 6 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Hwaseung Ia Automotives Private Limited?

    Hwaseung Ia Automotives Private Limited was incorporated on 17 Nov 2017.

  • What is authorized share capital and paid-up capital of Hwaseung Ia Automotives Private Limited?

    The authorized share capital of Hwaseung Ia Automotives Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 21.13 Cr.

  • Who are the current board members & directors of Hwaseung Ia Automotives Private Limited?

    Currently 3 directors are associated with Hwaseung Ia Automotives Private Limited.

    • Choi Sung Soo
    • Hyeong Jin Kim
    • Manjula Devi Sridharan

  • What is the registered address of Hwaseung Ia Automotives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hwaseung Ia Automotives Private Limited is Plot No.6 C, Industrial Park Gudipalli India, Anantapur, Andhra Pradesh, 515122.

  • What is the corporate identification number (CIN) and company number of Hwaseung Ia Automotives Private Limited?

    The corporate identification number (CIN) of Hwaseung Ia Automotives Private Limited is U25209AP2017PTC107062 and the company number is 107062 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hwaseung Ia Automotives Private Limited?

    The Official website of Hwaseung Ia Automotives Private Limited is https://www.hsiauto.com

  • What has been the recent revenue trend for Hwaseung Ia Automotives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hwaseung Ia Automotives Private Limited has risen by 66.97%.

  • How many employees does Hwaseung Ia Automotives Private Limited currently have?

    As Per 2023 financial reports, 65 employees are currently employed by Hwaseung Ia Automotives Private Limited.

  • What change has been observed in the net worth of Hwaseung Ia Automotives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hwaseung Ia Automotives Private Limited has experienced an upsurge of 30.47%.

  • What are the total open charges for Hwaseung Ia Automotives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hwaseung Ia Automotives Private Limited amount to ₹ 50.00 Cr.

  • When was the last Balance Sheet of Hwaseung Ia Automotives Private Limited filed with the ROC?

    The most recent Balance Sheet for Hwaseung Ia Automotives Private Limited was filed with the ROC on 31 Mar 2024.

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