About Hyosung India Private Limited
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Hyosung India Private Limited is a foreign private limited company based in Aurangabad, Maharashtra, India, a subsidiary of Hyosung Tnc Corporation. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17309MH2018FTC320854. Its GSTIN is 27AAECH4700R1Z9 (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹192.75 Cr and a paid-up capital of ₹192.75 Cr. It is led by directors including Si Yeon Lee (Managing Director) and Jang Gyoo Lim.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 1 Sector 11 Auric City Shendra, Aurangabad, Maharashtra, India – 431007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,286.84 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹34.2 Cr (net margin 2.7%) and EBITDA of ₹247.52 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 58% over five years.
The company has about 417 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hyosung.com.
Company details
CIN history
Hyosung India has one previous CIN (Corporate Identification Number): U17309PN2018FTC175382. The current CIN is U17309MH2018FTC320854, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17309MH2018FTC320854 | Current |
| U17309PN2018FTC175382 | Previous |
Contact details
Hyosung India Private Limited's registered office is in Aurangabad, Maharashtra. Its website is hyosung.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1 Sector 11 Auric City Shendra, Aurangabad, Maharashtra, India – 431007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Hyosung India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Hyosung India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Hyosung India Private Limited, buy the company report.
Financials of Hyosung India Private Limited
FY 2025 filings availableHyosung India Private Limited reported revenue of ₹1,286.84 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 21% growth in the latest year. EBITDA rose 305% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹247.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.2 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Hyosung India Private Limited, buy the company report.
Board of directors of Hyosung India Private Limited
Hyosung India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jang Gyoo Lim Also directs: Hyosung Corporation India Private Limited | Director | 14 Mar 2018 | 8 Years 7 Months | Current |
| Si Yeon Lee Also directs: Hyosung Corporation India Private Limited | Managing Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Chi Hyung Kim Also directs: Hyosung Corporation India Private Limited | Director | 11 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Hyosung India Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brandix Apparel India Private Limited | ₹1,359.28 Cr (FY 2025) | 19.0% | Visakhapatnam, Andhra Pradesh, India | |||
| S.T. Cottex Exports Private Limited | ₹1,326.16 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Kapoor Industries Limited. | ₹1,296.12 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Hyosung India Private Limitedthis company | ₹1,286.84 Cr (FY 2025) | ₹34.2 Cr | 2.7% | 21.0% | 417 | Aurangabad, Maharashtra, India |
| Modelama Exports Private Limited | ₹1,206.1 Cr (FY 2025) | 20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hyosung India Private Limited, buy the company report.
Auditor
Hyosung India Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Hyosung India 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hyosung India Private Limited, buy the company report.
Legal cases
Hyosung India Private Limited has 5 court cases on record: 4 filed by Hyosung India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Ysss India Construction Pvt. Ltd. | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against You Seung Sang Sa India Construction Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra Through Economic Offences Wing and 4 others | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by an individual | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Hyosung India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Hyosung India Private Limited has 22 MSME Form 1 returns on record between 2019 and 2024, listing 249 overdue payments to 57 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 57)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Om Industrial Suppliers | |||
| Manisha Peb & Equipments Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Hyosung India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hyosung India Private Limited has a workforce of 417 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Hyosung India has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH4700R1Z9 | Maharashtra | Active | 24 Apr 2018 |
| 27AAECH4700R2Z8 | Maharashtra | Active | 11 Mar 2025 |
| 06AAECH4700R1ZD | Haryana | Active | 03 Jul 2018 |
| 33AAECH4700R1ZG | Tamil Nadu | Active | 14 Feb 2020 |
To see the full GST registrations and return filing status of Hyosung India Private Limited, buy the company report.
Recent activity
Hyosung India Private Limited has 13 board changes on record since 2018: 8 appointments and 5 cessations. The latest: Chi Hyung Kim was appointed as Director on 11 Jun 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Hyosung India is an active foreign private limited company based in Aurangabad, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 March 2018 (8+ years old) and is registered under CIN U17309MH2018FTC320854.
Hyosung India has 3 current directors:
- Si Yeon Lee - Managing Director
- Jang Gyoo Lim - Director
- Chi Hyung Kim - Director
The latest financial statements of Hyosung India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Hyosung India is 27AAECH4700R1Z9, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAECH4700R2Z8 (Maharashtra), 06AAECH4700R1ZD (Haryana), 33AAECH4700R1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Hyosung India is U17309MH2018FTC320854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hyosung India has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the district courts.
Hyosung India was incorporated on 14 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Hyosung India by revenue are Brandix Apparel India Private Limited, S.T. Cottex Exports Private Limited, Kapoor Industries Limited, Modelama Exports Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Chi Hyung Kim was appointed as Director on 11 Jun 2024. In Han Bae ceased to be Director on 11 Jun 2024. Jae Joong Lee ceased to be Director on 10 May 2022. Hyosung India has 13 board changes on record in total.
Hyosung India has 22 MSME Form 1 returns on record between 2019 and 2024, listing 249 overdue payments to 57 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Hyosung India can be reached through the website hyosung.com. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Hyosung India is at Plot No. 1 Sector 11 Auric City Shendra, Aurangabad, Maharashtra, India – 431007.
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