Hitech Auto (India) Private Limited

Authorized service station for TELCO vehicles, providing maintenance, repair, and installation services for Tata cars.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Hitech Auto (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.63 M
  • Revenue Growth %
  • Profit Growth -385.62%
  • Ebitda -1790.63%
  • Net Worth -10.38%
  • Total Assets -6.93%

About Hitech Auto (India)

Hitech Auto (India) Private Limited (HAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 November 1998 and has a history of 26 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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.

The company currently has active open charges totaling ₹3.63 M.

Sudheer Sabnis, Suhas Sabnis, and Krishnamurthy Srihari serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300KA1998PTC024437

  • Company No.

    024437

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1998

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Hitech Auto (India)?

Executive Team (1)

Name Designation Appointment Date Status
Sudheer Sabnis Country flag representing In Managing Director 20-Nov-1998 Current

Board Members (2)

Name Designation Appointment Date Status
Suhas Sabnis Country flag representing In Director 20-Nov-1998 Current
Krishnamurthy Srihari Country flag representing In Director 20-Nov-1998 Current

Financial Performance of Hitech Auto (India).

Hitech Auto (India) Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 385.62% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.38%.

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
-6.93%
Profit or Loss
-385.62%
Net Worth
-10.38%
EBITDA
-1790.63%

What is the Ownership and Shareholding Structure of Hitech Auto (India)?

Unlock access to Hitech Auto (India)'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)

Open Charges

₹3.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Shamrao Vithal Co-Op Bank Ltd : 0.13 Cr
  • The Shamraj Vithal Co Operative Bank Ltd. : 0.13 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 0.11 Cr

Latest Charge Details

Date Lender Amount Status
07 Jun 2010 The Shamrao Vithal Co-Operative Bank Limited ₹1.09 M Open
06 Mar 1999 The Shamrao Vithal Co-Op Bank Ltd ₹1.27 M Open
06 Mar 1999 The Shamraj Vithal Co Operative Bank Ltd. ₹1.27 M Open

How Many Employees Work at Hitech Auto (India)?

Hitech Auto (India) has a workforce of 39 employees as of Sep 28, 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 Hitech Auto (India), 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 Hitech Auto (India)'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 Hitech Auto (India)

Recent activity within the organization

  • Annual General Meeting

    Hitech Auto (India) Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Hitech Auto (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with The Shamrao Vithal Co-Operative Bank Limited amounted to Rs. 1.09 M with Charge ID 10233720 was registered on 07 Jun 2010.

    07 Jun 2010

  • Charges

    A charge with The Shamrao Vithal Co-Op Bank Ltd amounted to Rs. 1.27 M with Charge ID 90199196 was registered on 06 Mar 1999.

    06 Mar 1999

  • Charges

    A charge with The Shamraj Vithal Co Operative Bank Ltd. amounted to Rs. 1.27 M with Charge ID 90200357 was registered on 06 Mar 1999.

    06 Mar 1999

  • Director Appointment

    Sudheer Anand Sabnis was appointed as a Managing Director was appointed as a Managing Director on 20 Nov 1998 & has been associated with this company since 26 years 2 months .

    20 Nov 1998

Frequently asked questions

  • Hitech Auto (India) Private Limited was incorporated on 20 Nov 1998.

  • The authorized share capital of Hitech Auto (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Hitech Auto (India) Private Limited.

    • Sudheer Anand Sabnis
    • Suhas Anand Sabnis
    • Krishnamurthy Srihari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Auto (India) Private Limited is No.20 Krishnakunjjaladarshini Layout New Bel Road, India, Bangalore, Karnataka, 560054.

  • The corporate identification number (CIN) of Hitech Auto (India) Private Limited is U34300KA1998PTC024437 and the company number is 024437 as per Ministry of Corporate Affairs (MCA).

  • As Per 2023 financial reports, 39 employees are currently employed by Hitech Auto (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Auto (India) Private Limited has experienced an downturn of -10.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitech Auto (India) Private Limited amount to ₹ 3.63 M.

  • The most recent Balance Sheet for Hitech Auto (India) Private Limited was filed with the ROC on 31 Mar 2023.