Hi-Tech Abrasives Profile
Key Indicators
- Authorised Capital ₹ 13.50 Cr
- Paid Up Capital ₹ 11.55 Cr
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 203.07 Cr
- Satisfied Charges ₹ 167.40 Cr
- Revenue Growth 55.10%
- Profit Growth -33.18%
- Ebitda -30.93%
- Net Worth -24.58%
- Total Assets 13.57%
About Hi-Tech Abrasives
Hi-Tech Abrasives Limited. (HAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 May 1991 and has a history of 33 years and nine months. Its registered office is in Raipur, Chattisgarh, India.
The Corporate was formerly known as Hi-Tech Abrasives Private Limited. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 13.50 Cr and a paid-up capital of Rs 11.55 Cr.
The company currently has active open charges totaling ₹203.07 Cr. The company has closed loans amounting to ₹167.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shakuntala Tekriwal, Sejal Rathod, and Raghvendra Sinha serve as directors at the Company.
Company Details
- Location
Raipur, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U05005CT1991PLC006432
- Company No.
006432
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 May 1991
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
What products or services does Hi-Tech Abrasives Limited. offer?
Hi-Tech Abrasives Limited. offers a wide range of products and services, including Abrasives & Grains, Cut Wire Shot.
Who are the key members and board of directors at Hi-Tech Abrasives?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shakuntala Tekriwal  | Director | 13-Apr-2001 | Current |
| Sejal Rathod | Additional Director | 01-Jun-2020 | Current |
| Raghvendra Sinha | Additional Director | 04-Jan-2020 | Current |
Financial Performance of Hi-Tech Abrasives.
Hi-Tech Abrasives Limited., for the financial year ended 2019, experienced significant growth in revenue, with a 55.1% increase. The company also saw a substantial fall in profitability, with a 33.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.58%.
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What is the Ownership and Shareholding Structure of Hi-Tech Abrasives?
In 2019, Hi-Tech Abrasives had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Agora Eco-Tourism Private LimitedSejal Rathod is a mutual person
Charges (Loans)
₹203.07 Cr
₹167.40 Cr
Charges Breakdown by Lending Institutions
- Jm Financial Asset Reconstruction Company Private Limited : 125.70 Cr
- State Bank Of India : 59.10 Cr
- Axis Bank Ltd : 16.90 Cr
- M.P. Financial Corporation : 1.20 Cr
- Centurion Bank Ltd : 0.09 Cr
- Others : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2009 | Jm Financial Asset Reconstruction Company Private Limited | ₹125.70 Cr | Open |
| 09 Jan 2008 | Axis Bank Ltd | ₹16.90 Cr | Open |
| 21 Jul 2004 | State Bank Of India | ₹29.00 Cr | Open |
| 21 Jul 2004 | State Bank Of India | ₹30.10 Cr | Open |
| 13 Aug 2003 | Centurion Bank Ltd | ₹0.85 M | Open |
How Many Employees Work at Hi-Tech Abrasives?
Unlock and access historical data on people associated with Hi-Tech Abrasives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Abrasives, 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 Abrasives'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
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