Hitco Electricals Private Limited Company Logo

Hitco Electricals Private Limited - Company Profile

It is a machinery and equipment private limited company based in New Delhi, Delhi, India, established in 1997.

1997 | New Delhi, Delhi, India | Active
Last Updated:

About Hitco Electricals Private Limited

Hitco Electricals Private Limited, a active private limited company, was established on 23 October 1997 in New Delhi, Delhi, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U31506DL1997PTC090370. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.50 Cr and a paid-up capital of ₹2.27 Cr.

Formerly known as Hotset (India) Private Limited. It upholds a compliant status. Employing 72 professional, Its leadership includes Vikas Verma (Whole-Time Director), Radhika Verma (Whole-Time Director). Past directors included Saatvik Verma. It holds ₹9.63 Cr open charges and ₹15.68 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2226, Ground Floor, Gali No. 169, Ganesh Pura-A, Tri Nagar,, New Delhi, Delhi, 110035.

Company Details

  • CIN/LLPIN

    U31506DL1997PTC090370

  • Registration Number

    090370

  • Incorporation Date

    23 October 1997

  • Authorized Capital

    ₹2.50 Cr

  • Paid-Up Capital

    ₹2.27 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.27 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.63 Cr
  • Satisfied Charges ₹ 15.68 Cr
  • Revenue Growth -6.75%
  • Profit Growth 19.53%
  • Ebitda 11.96%
  • Net Worth 55.46%
  • Total Assets 21.94%
Company report

Hitco Electricals Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Hitco Electricals Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hitco Electricals Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vikas VermaWhole-Time Director23 Oct 1997Current
Radhika VermaWhole-Time Director20 Jan 2001Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2019Past

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Financial Performance of Hitco Electricals.

Hitco Electricals Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.75% decrease. The company also saw a substantial improvement in profitability, with a 19.53% increase in profit. The company's net worth Soared by an impressive increase of 55.46%.

Hitco Electricals revenue growth over time
Hitco Electricals 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
-6.75%
Revenue from Operations
-7.49%
Total Assets
21.94%
Profit or Loss
19.53%
Net Worth
55.46%
EBITDA
11.96%

What is the Ownership and Shareholding Structure of Hitco Electricals?

In 2021, Hitco Electricals had a promoter holding of 60.14% and a public holding of 39.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹96,261,498.00

Satisfied Charges

₹156,844,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.14 Cr
  • Axis Bank Limited : 0.39 Cr
  • Bank Of Baroda : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2023Hdfc Bank Limited₹3.51 MOpen
06 Mar 2020Axis Bank Limited₹3.94 MOpen
10 Jan 2018Hdfc Bank Limited₹8.79 CrOpen
24 Jan 2009Bank Of Baroda₹0.90 MOpen
08 May 2015The Hongkong And Shanghai Banking Corporation Limited₹1.13 MSatisfied

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How Many Employees Work at Hitco Electricals?

Hitco Electricals has a workforce of 72 employees as of Mar 23, 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.

Employee growth trends for Hitco Electricals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hitco Electricals, 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 Hitco Electricals'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 Hitco Electricals

Recent Activity within the Organization

  • Annual General Meeting

    Hitco Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Hitco Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100822339 was registered on 30 Sep 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 8.79 Cr registered on 10 Jan 2018 with Charge ID 100173231 was modified on 11 Nov 2022. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.39 Cr with Charge ID 100416618 was registered on 06 Mar 2020. was recorded as a recent event.

  • Charges

    The activity A charge registered on 11 Oct 2007 via Charge ID 10075778 with The Karur Vysya Bank Ltd was fully satisfied on 01 Jun 2018. was completed.

Frequently Asked Questions

  • What is the CIN of Hitco Electricals Private Limited?

    The CIN of Hitco Electricals Private Limited is U31506DL1997PTC090370.

  • Where is Hitco Electricals Private Limited headquartered?

    Hitco Electricals Private Limited is headquartered at 2226, Ground Floor, Gali No. 169, Ganesh Pura-A, Tri Nagar,, New Delhi, Delhi, 110035.

  • When was Hitco Electricals Private Limited incorporated?

    Hitco Electricals Private Limited was incorporated on 23 October 1997.

  • Who are the current directors of Hitco Electricals Private Limited?

    The current directors of Hitco Electricals Private Limited are

  • What is the primary industry of Hitco Electricals Private Limited?

    The primary industry of Hitco Electricals Private Limited is Manufacturing.

  • Is Hitco Electricals Private Limited a listed company?

    Hitco Electricals Private Limited is unlisted.

  • What is the capital structure of Hitco Electricals Private Limited?

    The authorized capital of Hitco Electricals Private Limited is ₹2.50 Cr, and the paid-up capital is ₹2.27 Cr.

  • What is the compliance status of Hitco Electricals Private Limited?

    The compliance status of Hitco Electricals Private Limited is Compliant.

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