- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0005579

About Ihita Engineering Services Private Limited
Data last updated:
Ihita Engineering Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 19 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2010PTC076630. Its GSTIN is 33AADCT5325K1ZC (Tamil Nadu).
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors Rajkumar Mohan and Muralidharan Shanmugam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.77 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 0.2%) and EBITDA of ₹1.91 Cr (EBITDA margin 21.8%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IHITA Engineering Services. As per MCA filings, the company has open charges of ₹15.03 Cr and satisfied charges of ₹2.88 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 2 cases are pending.
Ihita Engineering Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0005579). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ihitaformworks.com.
Company details
Recognitions & Rankings of Ihita Engineering Services
Contact details
Ihita Engineering Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ihitaformworks.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.5 3rd Cross Street, Irandamkattalai Samayapuram, Chennai, Tamil Nadu, India – 600128
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Ihita Engineering Services 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
Brands
Ihita Engineering Services operates one associated brand: IHITA Engineering Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aluminium formwork services, design, manufacturing, and consulting in India. | ihitaformworks.com |
Business activity
The main business activity of Ihita Engineering Services is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ihita Engineering Services Private Limited, buy the company report.
Financials of Ihita Engineering Services Private Limited
FY 2024 filings availableIhita Engineering Services Private Limited reported revenue of ₹8.77 Cr (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 76% fall in the latest year. EBITDA fell 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.91 Cr | ||||
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| Net Profit (PAT) | ₹1.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 21.8% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Ihita Engineering Services Private Limited, buy the company report.
Board of directors of Ihita Engineering Services Private Limited
Ihita Engineering Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Mohan | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
| Muralidharan Shanmugam Also directs: Ihita Industries Private Limited, Ihita Energy Private Limited | Director | 19 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Ihita Engineering Services Private Limited is audited by V SELVAKUMAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SELVAKUMAR & ASSOCIATES | FY 2023 | 017314S |
Shareholding
The shareholding of Ihita Engineering Services 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 Ihita Engineering Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2023 | 100803392 | State Bank of India | ₹10.63 Cr | Open | |
| 13 Dec 2022 | 100660081 | Bank of India | ₹3.75 Cr | Open | |
| 05 Dec 2022 | 100658464 | Bank of India | ₹65 Lakh | Open | |
| 26 Mar 2018 | 100174911 | The South Indian Bank Limited | ₹2.88 Cr | Satisfied |
To see the full charge records of Ihita Engineering Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ihita Engineering Services Private Limited has 9 court cases on record: 9 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Tata Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Tata Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Ravindranath Constructions Pvt. Ltd., | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Ihita Engineering Services 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
No delayed payments to MSME suppliers are on our record for Ihita Engineering Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ihita Engineering Services Private Limited has a workforce of 19 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Ihita Engineering Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCT5325K1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ihita Engineering Services Private Limited, buy the company report.
Recent activity
Ihita Engineering Services Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Muralidharan Shanmugam was appointed as Director on 19 Jul 2010.
Frequently asked questions
Ihita Engineering Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 19 July 2010 (16+ years old) and is registered under CIN U45200TN2010PTC076630.
Ihita Engineering Services has 2 current directors:
- Rajkumar Mohan - Director
- Muralidharan Shanmugam - Director
The latest financial statements of Ihita Engineering Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ihita Engineering Services is 33AADCT5325K1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ihita Engineering Services is U45200TN2010PTC076630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ihita Engineering Services has 9 court cases on record: 9 filed against it. 2 are pending. Most are in the district courts.
Ihita Engineering Services was incorporated on 19 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Muralidharan Shanmugam was appointed as Director on 19 Jul 2010. Rajkumar Mohan was appointed as Director on 19 Jul 2010.
Yes, Ihita Engineering Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0005579).
Ihita Engineering Services can be reached through the website ihitaformworks.com. Its registered office is in Chennai, Tamil Nadu, India.