Hi-Rel Tech Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 26 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.45 Cr
- Satisfied Charges ₹ 6.32 Cr
- Revenue Growth 157.95%
- Profit Growth -63.04%
- Ebitda 257.31%
- Net Worth 217.36%
- Total Assets 47.04%
About Hi-Rel Tech
Hi-Rel Tech Private Limited (HTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 1998 and has a history of 26 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹4.45 Cr. The company has closed loans amounting to ₹6.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shyamala Areth, Kelath Nair, Lekshmi Remadevi, and Three other members serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U23548KA1998PTC023548
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Company No.
023548
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Mar 1998
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Hi-Rel Tech Private Limited offer?
Hi-Rel Tech Private Limited offers a wide range of products and services, including Hospital and Medical Furniture, Hospital Furniture, Inverters, UPS and Converters, Power Converter, Surgical & ICU Equipments, Pulse Oximeter, Glucometer & POCT Devices, Relays and Contactors, Relays, Home Appliances & Kitchen Appliances, Air Purifier.
Who are the key members and board of directors at Hi-Rel Tech?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Roopesh Purayil
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Director | 24-Dec-2018 | Current |
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Radhika Nair
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Director | 11-Mar-2019 | Current |
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Shyamala Areth
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Director | 27-Mar-1998 | Current |
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Kelath Nair
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Director | 27-Mar-1998 | Current |
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Lekshmi Remadevi
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Director | 19-Jan-2018 | Current |
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Rajeesh Veetil
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Director | 19-Jan-2018 | Current |
Financial Performance of Hi-Rel Tech.
Hi-Rel Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 157.95% increase. The company also saw a substantial fall in profitability, with a 63.04% decrease in profit. The company's net worth Soared by an impressive increase of 217.36%.
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What is the Ownership and Shareholding Structure of Hi-Rel Tech?
In 2023, Hi-Rel Tech had a public holding of 55.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Connekt Electronics Private LimitedShyamala Areth, Kelath Nair and 2 more are mutual person
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Twinmount Digital LlpLekshmi Remadevi is a mutual person
Charges (Loans)
₹44.47 M
₹63.20 M
Charges Breakdown by Lending Institutions
- Others : 4.27 Cr
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2023 | Others | ₹4.27 Cr | Open |
| 19 Oct 2023 | Hdfc Bank Limited | ₹1.75 M | Open |
| 21 Nov 2022 | Indian Overseas Bank | ₹4.40 M | Satisfied |
| 07 Jun 2019 | Others | ₹5.88 Cr | Satisfied |
How Many Employees Work at Hi-Rel Tech?
Hi-Rel Tech has a workforce of 89 employees as of May 04, 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-Rel Tech, 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-Rel Tech'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.