Hi-Tech Audio Systems Private Limited

Provides audio-visual solutions and equipment distribution.

1995 | Delhi (India) | Active
Last Updated: December 20, 2024

Hi-Tech Audio Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 8.40 M
  • Company Age 30 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.88 Cr
  • Satisfied Charges ₹ 118.10 Cr
  • Revenue Growth -62.30%
  • Profit Growth -521.62%
  • Ebitda -5579.09%
  • Net Worth -39.58%
  • Total Assets -43.97%

About Hi-Tech Audio Systems

Hi-Tech Audio Systems Private Limited (HASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 1995 and has a history of 30 years. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 8.40 M.

The company currently has active open charges totaling ₹43.88 Cr. The company has closed loans amounting to ₹118.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajan Gupta, Pradeep Gupta, and Nitin Gupta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PTC064798

  • Company No.

    064798

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Hi-Tech Audio Systems Private Limited offer?

Hi-Tech Audio Systems Private Limited offers a wide range of products and services, including Router, Cables & Networking Devices, AV Cable, Speakers,Earphones and Accessories, Subwoofer, Home Audio Speaker, Audio Mixer, Recorder & Transmitter, Outdoor Speaker, Subwoofer Speaker, DJ Equipment, Console Mixer.

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajan Gupta Country flag representing In Director 30-Jan-1995Current
Nitin Gupta Country flag representing In Director 04-Sep-2004Current
Pradeep Gupta Country flag representing In Director 30-Jan-1995Current

Financial Performance of Hi-Tech Audio Systems.

Hi-Tech Audio Systems Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 62.3% decrease. The company also saw a substantial fall in profitability, with a 521.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.58%.

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
-62.30%
Revenue from Operations
-76.78%
Total Assets
-43.97%
Profit or Loss
-521.62%
Net Worth
-39.58%
EBITDA
-5579.09%

What is the Ownership and Shareholding Structure of Hi-Tech Audio Systems?

In 2024, Hi-Tech Audio Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.88 Cr

Satisfied Charges

₹118.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.88 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2020Others₹2.80 CrOpen
01 Aug 2019Others₹0.70 MOpen
31 Jan 2019Others₹1.10 MOpen
31 Mar 2018Others₹4.20 MOpen
22 Dec 2017Others₹40.00 CrOpen

How Many Employees Work at Hi-Tech Audio Systems?

Hi-Tech Audio Systems has a workforce of 5 employees as of Dec 20, 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 Hi-Tech Audio Systems, 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 Audio Systems'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 Hi-Tech Audio Systems

Recent activity within the organization

  • Annual General Meeting

    Hi-Tech Audio Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hi-Tech Audio Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100093755 with Others was fully satisfied on 12 Jan 2021.

    12 Jan 2021

  • Charges

    A charge with Others amounted to Rs. 2.80 Cr with Charge ID 100398215 was registered on 11 Sep 2020.

    11 Sep 2020

  • Charges

    A charge registered on 28 Jun 2016 via Charge ID 100047646 with Others was fully satisfied on 04 Nov 2019.

    04 Nov 2019

  • Charges

    A charge registered on 06 May 2016 via Charge ID 100047647 with Others was fully satisfied on 04 Nov 2019.

    04 Nov 2019

Frequently asked questions

  • Hi-Tech Audio Systems Private Limited was incorporated on 30 Jan 1995.

  • The authorized share capital of Hi-Tech Audio Systems Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 8.40 M.

  • Currently 3 directors are associated with Hi-Tech Audio Systems Private Limited.

    • Rajan Gupta
    • Pradeep Kumar Gupta
    • Nitin Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Audio Systems Private Limited is F-12, Okhla Industrial Area Phase - 1 India, New Delhi, 110020.

  • The corporate identification number (CIN) of Hi-Tech Audio Systems Private Limited is U74899DL1995PTC064798 and the company number is 064798 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hi-Tech Audio Systems Private Limited is https://www.hitechaudiosystems.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Hi-Tech Audio Systems Private Limited has fallen by -62.30%.

  • As Per 2024 financial reports, 5 employees are currently employed by Hi-Tech Audio Systems Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Hi-Tech Audio Systems Private Limited has experienced an downturn of -39.58%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Hi-Tech Audio Systems Private Limited amount to ₹ 43.88 Cr.

  • The most recent Balance Sheet for Hi-Tech Audio Systems Private Limited was filed with the ROC on 31 Mar 2024.