Hit Innovate Private Limited

Founded in 2020 and headquartered in Maharashtra, India.

2020 | Raigarh, Maharashtra (India) | Active
Last Updated: December 26, 2024

Hit Innovate Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth 86.48%
  • Ebitda 93.67%
  • Net Worth -30.87%
  • Total Assets -45.51%

About Hit Innovate

Hit Innovate Private Limited (HIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 November 2020 (Four years and three months 4 days old ). Its registered office is in Raigarh, Maharashtra, India.

The Company is engaged in the Electrnoics 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Roselin Pillai, Diana Michael, and Paul Simon serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hitinnovate.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72501MH2020PTC350387

  • Company No.

    350387

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Electrnoics

Who are the key members and board of directors at Hit Innovate?

Board Members (3)

NameDesignationAppointment DateStatus
Roselin Pillai Country flag representing In Director 20-Nov-2020Current
Diana Michael Country flag representing In Director 20-Nov-2020Current
Paul Simon Country flag representing In Director 24-May-2023Current

Financial Performance of Hit Innovate.

Hit Innovate Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 86.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 30.87%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-45.51%
Profit or Loss
86.48%
Net Worth
-30.87%
EBITDA
93.67%

What is the Ownership and Shareholding Structure of Hit Innovate?

Unlock access to Hit Innovate's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Hit Innovate?

Hit Innovate has a workforce of 0 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hit Innovate, 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 Hit Innovate's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Hit Innovate

Recent activity within the organization

  • Annual General Meeting

    Hit Innovate Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hit Innovate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Paul Titus Albert Simon was appointed as a Director was appointed as a Director on 24 May 2023 & has been associated with this company since 1 year 9 months .

    24 May 2023

  • Director Appointment

    Roselin Mary Albert Pillai was appointed as a Director was appointed as a Director on 20 Nov 2020 & has been associated with this company since 4 years 3 months .

    20 Nov 2020

  • Director Appointment

    Diana Susai Michael was appointed as a Director was appointed as a Director on 20 Nov 2020 & has been associated with this company since 4 years 3 months .

    20 Nov 2020

  • Company Incorporation

    Hit Innovate Private Limited was registered on 20 Nov 2020 with Roc Mumbai & aged 4 years 3 months as per MCA records.

    20 Nov 2020

Frequently asked questions

  • Hit Innovate Private Limited was incorporated on 20 Nov 2020.

  • The authorized share capital of Hit Innovate Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Hit Innovate Private Limited.

    • Roselin Mary Albert Pillai
    • Diana Susai Michael
    • Paul Titus Albert Simon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hit Innovate Private Limited is 1204 6G India Bulls Greens Kon Village Rasaini Road, Panvel, Raigarh, Maharashtra, 410206.

  • The corporate identification number (CIN) of Hit Innovate Private Limited is U72501MH2020PTC350387 and the company number is 350387 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hit Innovate Private Limited is https://www.hitinnovate.com

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hit Innovate Private Limited has experienced an downturn of -30.87%.

  • The most recent Balance Sheet for Hit Innovate Private Limited was filed with the ROC on 31 Mar 2024.