Hi-Tech Abrasives Limited. logo

Hi-Tech Abrasives Limited.

Manufactures grinding wheels, abrasives, iron, and steel since 1991.
1991 | Raipur, Chattisgarh (India) | Active

Last Updated:

December 21, 2024
HomeCompanyHi-Tech Abrasives Limited.

Who are the key members and board of directors at Hi-Tech Abrasives?

Board Members(3)

NameDesignationAppointment DateStatus
Shakuntala Tekriwal In Director 13-Apr-2001Current
Sejal Rathod In Additional Director 01-Jun-2020Current
Raghvendra Sinha In Additional Director 04-Jan-2020Current

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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
55.10%
Revenue from Operations
55.46%
Total Assets
13.57%
Profit or Loss
-33.18%
Net Worth
-24.58%
EBITDA
-30.93%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹203.07 Cr

₹167.40 Cr

LenderAmountStatus

Jm Financial Asset Reconstruction Company Private Limited

Creation Date: 09 Sep 2009
₹125.70 CrOpen

Axis Bank Ltd

Creation Date: 09 Jan 2008
₹16.90 CrOpen

State Bank Of India

Creation Date: 21 Jul 2004
₹29.00 CrOpen

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.

Employee Graph

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Latest Updates, News, and FAQs on Hi-Tech Abrasives

Recent activity within the organization

  • Director Appointment

    Sejal Rathod was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2020 & has been associated with this company since 4 years 7 months .

    01 Jun 2020

  • Director Appointment

    Raghvendra Charan Sinha was appointed as a Additional Director was appointed as a Additional Director on 04 Jan 2020 & has been associated with this company since 5 years 8 days .

    04 Jan 2020

  • Annual General Meeting

    Hi-Tech Abrasives Limited. last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Hi-Tech Abrasives Limited. has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chhattisgarh.

    31 Mar 2019

  • Charges

    A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 125.70 Cr registered on 09 Sep 2009 with Charge ID 10230938 was modified on 26 Mar 2014.

    26 Mar 2014

  • Charges

    A charge with Axis Bank Ltd of Rs. 16.90 Cr registered on 09 Jan 2008 with Charge ID 10086117 was modified on 21 Sep 2010.

    21 Sep 2010

Frequently asked questions

  • Hi-Tech Abrasives Limited. was incorporated on 10 May 1991.

  • The authorized share capital of Hi-Tech Abrasives Limited. is ₹ 13.50 Cr and paid-up capital is ₹ 11.55 Cr.

  • Currently 3 directors are associated with Hi-Tech Abrasives Limited..

    • Shakuntala Devi Tekriwal
    • Sejal Rathod
    • Raghvendra Charan Sinha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Abrasives Limited. is Mig-21 Indrawati Colony, India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Hi-Tech Abrasives Limited. is U05005CT1991PLC006432 and the company number is 006432 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hi-Tech Abrasives Limited. is https://www.halshots.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Hi-Tech Abrasives Limited. has risen by 55.10%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Hi-Tech Abrasives Limited. has experienced an downturn of -24.58%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Hi-Tech Abrasives Limited. amount to ₹ 203.07 Cr.

  • The most recent Balance Sheet for Hi-Tech Abrasives Limited. was filed with the ROC on 31 Mar 2019.

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