Hyundai Electronics India Limited
About Hyundai Electronics India Limited
Data last updated:
Hyundai Electronics India Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 August 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2004PLC148081. The company has 6 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was led by directors including Ashok Kumar Gangwal and Anirudha Venugopal Dhoot.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 2nd Flr Ardeshwar Arcadenewkapadia Ind Estate Andheri Kurla Road Opp Andhra Bank, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2016, the company reported a revenue of ₹286.9 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr (net margin -0.4%) and EBITDA of -₹1.24 Cr (EBITDA margin -0.4%).
Court records list 36 cases involving the company, including 32 filed by the company and 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in May 2005. Its 3 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Simtel Trading Corporation Private Limited with revenue of ₹287.98 Cr.
Company details
Contact details
Hyundai Electronics India Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2nd Flr Ardeshwar Arcadenewkapadia Ind Estate Andheri Kurla Road Opp Andhra Bank, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Hyundai Electronics India 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 Hyundai Electronics India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hyundai Electronics India Limited, buy the company report.
Financials of Hyundai Electronics India Limited
FY 2016 filings availableHyundai Electronics India Limited reported revenue of ₹286.9 Cr (down 31% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year. EBITDA fell 31% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| EBITDA | -₹1.24 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.24 Cr | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.4% | |
| Net Profit Margin | -0.4% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Hyundai Electronics India Limited, buy the company report.
Board of directors of Hyundai Electronics India Limited
Hyundai Electronics India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Gangwal | Director | 01 Oct 2006 | 20 Years 0 Months | As last reported |
| Anirudha Venugopal Dhoot | Director | 18 Aug 2004 | 22 Years 2 Months | As last reported |
| Sanjay Shantilal Gandhi | Additional Director | 21 Mar 2016 | 10 Years 7 Months | As last reported |
| Subhash Shripad Nabar Also directs: Synlene Packaging and Electronics Private Limited | Director | 18 Aug 2004 | 22 Years 2 Months | As last reported |
Peer comparison
Hyundai Electronics India Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Simtel Trading Corporation Private Limited | ₹287.98 Cr (FY 2018) | -21.0% | Ernakulam, Kerala, India | |||
| G E Tradecom Private Limited | ₹287.11 Cr (FY 2025) | -7.0% | Gmc, Assam, India | |||
| Hyundai Electronics India Limitedthis company | ₹286.9 Cr (FY 2016) | -₹1.24 Cr | -0.4% | -31.0% | Mumbai, Maharashtra, India | |
| Socomec Innovative Power Solutions Private Limited | ₹285.96 Cr (FY 2025) | 32.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Hyundai Electronics India Limited, buy the company report.
Auditor
Hyundai Electronics India Limited is audited by YADKIKAR & CHANDAK for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YADKIKAR & CHANDAK | FY 2015 | 129599W |
Shareholding
The shareholding of Hyundai Electronics India Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Hyundai Electronics India Limited, buy the company report.
Deals & funding
Hyundai Electronics India Limited has 1 deal on record (1 acquisition); the latest was in May 2005.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2005 | Acquisition | ₹69.83 Cr | Buyer: Videocon Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hyundai Electronics India Limited has 36 court cases on record: 32 filed by Hyundai Electronics India, 4 filed against it. 1 case is pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 2 | 0 |
| High courts | 8 | 2 | 1 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| District court, Chandigarh | Arbitration matter | Filed against the company by M/S Savi Enterprises and 2 others | Disposed |
| District court, Rampur, Uttar Pradesh | Court case (Reg. Execution) | Filed by the company against an individual | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Execution petition | Filed by the company against M/S Savi Enterprises and 2 others | Disposed |
To see the full case history of Hyundai Electronics India 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
No delayed payments to MSME suppliers are on our record for Hyundai Electronics India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hyundai Electronics India has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hyundai Electronics India Limited, buy the company report.
Recent activity
Hyundai Electronics India Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Sanjay Shantilal Gandhi was appointed as Additional Director on 21 Mar 2016.
Frequently asked questions
Hyundai Electronics India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hyundai Electronics India was a public limited company based in Mumbai, Maharashtra, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 August 2004 and is registered under CIN U29100MH2004PLC148081. The company has been struck off by the Registrar of Companies and is no longer operational.
Hyundai Electronics India had 4 directors:
- Ashok Kumar Gangwal - Director
- Anirudha Venugopal Dhoot - Director
- Sanjay Shantilal Gandhi - Additional Director
- Subhash Shripad Nabar - Director
The CIN (Corporate Identification Number) of Hyundai Electronics India is U29100MH2004PLC148081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hyundai Electronics India is at 2nd Flr Ardeshwar Arcadenewkapadia Ind Estate Andheri Kurla Road Opp Andhra Bank, Mumbai, Maharashtra, India – 400093.
Hyundai Electronics India was incorporated on 18 August 2004. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Hyundai Electronics India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Hyundai Electronics India has 6 GST registrations on record and all of them are cancelled or inactive.
Hyundai Electronics India operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
Hyundai Electronics India has 1 deal on record (1 acquisition); the latest was in May 2005.
The peers of Hyundai Electronics India by revenue are Simtel Trading Corporation Private Limited, G E Tradecom Private Limited, Socomec Innovative Power Solutions Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).