About Hwaseung Materials (India) Private Limited
Data last updated: 11 January 2026
Hwaseung Materials (India) Private Limited is a private limited company based in Sriperumpudur, Tamil Nadu, India, a subsidiary of Hwaseung Material Co Ltd, Korea. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 18 July 2007, the company has been in operation for over 19 years.
Registered with ROC Chennai under CIN U25190TN2007PTC064268.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹45.51 Cr. It is led by directors including Heo Sung Ryong and Kwan Seob Jeung.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: C/O. Hsi Automotives Limited Survey No.73 A Block 100 Thandalam Post Mevalurkuppam, Sriperumpudur, Tamil Nadu, India – 602105.
As per the financials filed for FY 2025, the company reported a revenue of ₹528.61 Cr, a growth of 12% compared to the previous year.
The company has a workforce of approximately 96 employees as per the latest available data. It operates as a subsidiary of Hwaseung Material Co Ltd, Korea.
As per MCA filings, the company has open charges of ₹30.16 Cr and satisfied charges of ₹94.9 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website hsmi.in.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social MediaLocked
-
Registered AddressC/O. Hsi Automotives Limited Survey No.73 A Block 100 Thandalam Post Mevalurkuppam, Sriperumpudur, Tamil Nadu, India – 602105
-
IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Hwaseung Materials (India) Private Limited
Hwaseung Materials (India) Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details for Hwaseung Materials (India) Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Hwaseung Materials (India) Private Limited
Hwaseung Materials (India) Private Limited is audited by Varadarajan & 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 |
|---|---|---|---|
| Varadarajan & Co | Locked | Locked | Locked |
Complete auditor history for Hwaseung Materials (India) Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Hwaseung Materials (India) Private Limited
Hwaseung Materials (India) Private Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heo Sung Ryong | Director | 20 May 2016 | 10 Years 2 Months | Current |
| Kwan Seob Jeung | Managing Director | 27 May 2013 | 13 Years 2 Months | Current |
| Heesoo Woo | Director | 16 Sep 2024 | 1 Years 11 Months | Current |
Financials of Hwaseung Materials (India) Private Limited FY 2025 filings available
Hwaseung Materials (India) Private Limited reported revenue of ₹528.61 Cr (up 12.00% YoY) for FY 2025.
Ten-year financial statements for Hwaseung Materials (India) Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Hwaseung Materials (India) Private Limited
Shareholding and ownership data for Hwaseung Materials (India) Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hwaseung Materials (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2019 | Others | ₹16.66 Cr | Open |
| 05 Jul 2008 | 3I Infotech Trusteeship Services Limited | ₹13.5 Cr | Open |
| 02 Feb 2011 | Indusind Bank Ltd | ₹18.4 Cr | Satisfied |
| 01 Feb 2011 | Indusind Bank Limited | ₹7 Cr | Satisfied |
| 17 Jul 2009 | Syndicate Bank | ₹29.5 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Hwaseung Materials (India) Private Limited
Hwaseung Materials (India) Private Limited has a workforce of 96 employees as of Apr 01, 2024.
Employee and EPFO history for Hwaseung Materials (India) Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Hwaseung Materials (India) Private Limited
GST registrations and filing compliance for Hwaseung Materials (India) Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Hwaseung Materials (India) Private Limited
Credit ratings, litigation, and regulatory alerts for Hwaseung Materials (India) Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hwaseung Materials (India) Private Limited
MSME payment history for Hwaseung Materials (India) Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hwaseung Materials (India) Private Limited
Corporate group structure for Hwaseung Materials (India) Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hwaseung Materials (India) Private Limited
MCA filings and documents for Hwaseung Materials (India) Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Hwaseung Materials (India) Private Limited
Frequently Asked Questions about Hwaseung Materials (India) Private Limited
Hwaseung Materials (India) Private Limited is an active private limited company in the automotive sector based in Sriperumpudur, Tamil Nadu, India. It was incorporated on 18 July 2007 (19+ years old) and is registered under CIN U25190TN2007PTC064268. The company has 96 employees.
Hwaseung Materials (India) Private Limited reported revenue of ₹528.61 Cr for FY 2025 (up 12.00% YoY).
The current directors of Hwaseung Materials (India) Private Limited are:
- Heo Sung Ryong - Director
- Kwan Seob Jeung - Managing Director
- Heesoo Woo - Director
The primary industry of Hwaseung Materials (India) Private Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Hwaseung Materials (India) Private Limited can be reached at the registered office: CO. Hsi Automotives Limited Survey No.73 A Block 100 Thandalam Post Mevalurkuppam, Sriperumpudur, Tamil Nadu, India – 602105, or through the website hsmi.in.
The authorised capital is ₹50 Cr, and the paid-up capital is ₹45.51 Cr.