Hi Tech Arai Profile
Key Indicators
- Authorised Capital ₹ 8.75 Cr
- Paid Up Capital ₹ 5.60 Cr
- Company Age 40 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.10 Cr
- Satisfied Charges ₹ 84.95 Cr
- Revenue Growth 13.09%
- Profit Growth 71.71%
- Ebitda 23.78%
- Net Worth 7.01%
- Total Assets 5.27%
About Hi Tech Arai
Hi Tech Arai Private Limited (HTAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 1985 and has a history of 40 years. Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Hi Tech Arai Limited. The Company is engaged in the Automotive 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 8.75 Cr and a paid-up capital of Rs 5.60 Cr.
The company currently has active open charges totaling ₹43.10 Cr. The company has closed loans amounting to ₹84.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hi Tech Arai Private Limited India is S Babu as COMPANY SECRETARY. Bendoor Bangera, Goichi Mori, and Akiko Mori serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29130TN1985PTC011572
- Company No.
011572
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Feb 1985
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Hi Tech Arai Private Limited offer?
Hi Tech Arai Private Limited offers a wide range of products and services, including Piston, IPL Engine Piston, Piston & Crankshaft Assemblies, Cylinder Liner, Piston Rings, Piston Ring Sets.
Hi Tech Arai Private Limited
Explore comprehensive data for Hi Tech Arai Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hi Tech Arai?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bendoor Bangera  | Managing Director | 01-Apr-2009 | Current |
| S Babu | Company Secretary | 01-Apr-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Goichi Mori  | Director | 30-Oct-1998 | Current |
Akiko Mori  | Director | 01-Apr-2023 | Current |
Financial Performance of Hi Tech Arai.
Hi Tech Arai Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 13.09% increase. The company also saw a substantial improvement in profitability, with a 71.71% increase in profit. The company's net worth moved up by a moderate rise of 7.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hi Tech Arai?
In 2023, Hi Tech Arai had a promoter holding of 83.84% and a public holding of 16.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹43.10 Cr
Satisfied Charges
₹84.95 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 20.00 Cr
- Idbi Bank Limited : 10.00 Cr
- The Bank Of Nova Scotia : 6.50 Cr
- Idbi Bank Ltd. : 4.70 Cr
- State Bank Of India : 1.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2009 | Hdfc Bank Limited | ₹20.00 Cr | Open |
| 10 Dec 2001 | The Bank Of Nova Scotia | ₹2.00 Cr | Open |
| 14 Jun 2000 | State Bank Of India | ₹9.50 M | Open |
| 14 Jun 2000 | State Bank Of India | ₹9.50 M | Open |
| 05 Feb 1999 | The Bank Of Nova Scotia | ₹4.50 Cr | Open |
How Many Employees Work at Hi Tech Arai?
Hi Tech Arai has a workforce of 1706 employees as of Nov 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hi Tech Arai, 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 Hi Tech Arai's trajectory.
Rating
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
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 Hi Tech Arai
Recent activity within the organization
- Annual General Meeting
Hi Tech Arai Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Hi Tech Arai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Akiko Mori was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge with Idbi Bank Limited of Rs. 10.00 Cr registered on 25 Sep 1998 with Charge ID 90287527 was modified on 25 Nov 2015.
- Charges
A charge registered on 07 Feb 2005 via Charge ID 90297987 with The Bank Of Tokyo-Mitsubishi Ufj Ltd was fully satisfied on 26 Dec 2014.
- Charges
A charge registered on 26 Aug 2009 via Charge ID 10178002 with Abn Amro Bank N.V was fully satisfied on 07 Jun 2013.
Frequently asked questions
What is the Incorporation or founding date of Hi Tech Arai Private Limited?
Hi Tech Arai Private Limited was incorporated on 18 Feb 1985.
What is authorized share capital and paid-up capital of Hi Tech Arai Private Limited?
The authorized share capital of Hi Tech Arai Private Limited is ₹ 8.75 Cr and paid-up capital is ₹ 5.60 Cr.
Who are the current board members & directors of Hi Tech Arai Private Limited?
Currently 4 directors are associated with Hi Tech Arai Private Limited.
- Bendoor Tarachand Bangera
- Goichi Mori
- Akiko Mori
- S Ganesh Babu
What is the registered address of Hi Tech Arai Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hi Tech Arai Private Limited is No.33, Sarojini Street Chinna Chokkikulam India, Madurai, Tamil Nadu, 625002.
What is the corporate identification number (CIN) and company number of Hi Tech Arai Private Limited?
The corporate identification number (CIN) of Hi Tech Arai Private Limited is U29130TN1985PTC011572 and the company number is 011572 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hi Tech Arai Private Limited?
The Official website of Hi Tech Arai Private Limited is https://www.hitecharai.com
What has been the recent revenue trend for Hi Tech Arai Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Hi Tech Arai Private Limited has risen by 13.09%.
How many employees does Hi Tech Arai Private Limited currently have?
As Per 2024 financial reports, 1706 employees are currently employed by Hi Tech Arai Private Limited.
What change has been observed in the net worth of Hi Tech Arai Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Hi Tech Arai Private Limited has experienced an upsurge of 7.01%.
What are the total open charges for Hi Tech Arai Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Hi Tech Arai Private Limited amount to ₹ 43.10 Cr.
When was the last Balance Sheet of Hi Tech Arai Private Limited filed with the ROC?
The most recent Balance Sheet for Hi Tech Arai Private Limited was filed with the ROC on 31 Mar 2024.
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