Hi-Tech Bearings Pvt Ltd

Trading bearings for various industries, established in 1988.

1988 | Kolkata, West Bengal (India) | Active
Last Updated:

Hi-Tech Bearings Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.70 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.70 Cr
  • Satisfied Charges ₹ 5.40 M
  • Revenue Growth 11.18%
  • Profit Growth 27.87%
  • Ebitda 14.56%
  • Net Worth 6.59%
  • Total Assets -3.00%

About Hi-Tech Bearings

Hi-Tech Bearings Pvt Ltd (HBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 1988 and has a history of 36 years and eight months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Engineering 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 6.00 M and a paid-up capital of Rs 5.70 M.

The company currently has active open charges totaling ₹2.70 Cr. The company has closed loans amounting to ₹5.40 M, as per Ministry of Corporate Affairs (MCA) records.

Chain Chindalia and Surendra Choraria serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33112WB1988PTC045092

  • Company No.

    045092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 1988

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Engineering
Company report

Hi-Tech Bearings Pvt Ltd

Explore comprehensive data for Hi-Tech Bearings Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Surendra Choraria Country flag representing In Director 06-May-1991Current
Chain Chindalia Country flag representing In Director 18-Mar-1991Current

Financial Performance of Hi-Tech Bearings.

Hi-Tech Bearings Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 11.18% increase. The company also saw a substantial improvement in profitability, with a 27.87% increase in profit. The company's net worth moved up by a moderate rise of 6.59%.

Hi-Tech Bearings revenue growth over time
Hi-Tech Bearings 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
11.18%
Revenue from Operations
11.27%
Total Assets
-3.00%
Profit or Loss
27.87%
Net Worth
6.59%
EBITDA
14.56%

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

In 2023, Hi-Tech Bearings had a public 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

₹27.00 M

Satisfied Charges

₹5.40 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.70 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2004State Bank Of India₹2.70 CrOpen
18 Mar 2015State Bank Of Mysore₹0.60 MSatisfied
20 Jan 1992State Bank Of Mysore₹4.80 MSatisfied

How Many Employees Work at Hi-Tech Bearings?

Hi-Tech Bearings has a workforce of 2 employees as of Mar 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.

Employee growth trends for Hi-Tech Bearings Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Bearings, 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 Bearings'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 Bearings

Recent activity within the organization

  • Annual General Meeting

    Hi-Tech Bearings Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge with State Bank Of India of Rs. 27.00 M registered on 13 Oct 2004 with Charge ID 90255327 was modified on 15 Jul 2024.

  • Balance Sheet

    Hi-Tech Bearings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 18 Mar 2015 via Charge ID 10565964 with State Bank Of Mysore was fully satisfied on 24 Nov 2023.

  • Charges

    A charge registered on 20 Jan 1992 via Charge ID 90254877 with State Bank Of Mysore was fully satisfied on 24 Nov 2023.

  • Charges

    A charge with State Bank Of Mysore amounted to Rs. 0.60 M with Charge ID 10565964 was registered on 18 Mar 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Hi-Tech Bearings Pvt Ltd?

    Hi-Tech Bearings Pvt Ltd was incorporated on 31 Aug 1988.

  • What is authorized share capital and paid-up capital of Hi-Tech Bearings Pvt Ltd?

    The authorized share capital of Hi-Tech Bearings Pvt Ltd is ₹ 6.00 M and paid-up capital is ₹ 5.70 M.

  • Who are the current board members & directors of Hi-Tech Bearings Pvt Ltd?

    Currently 2 directors are associated with Hi-Tech Bearings Pvt Ltd.

    • Chain Roop Chindalia
    • Surendra Kumar Choraria
  • What is the registered address of Hi-Tech Bearings Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Bearings Pvt Ltd is 471 Marishall House 4Th Floor 25, Stand Road India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Hi-Tech Bearings Pvt Ltd?

    The corporate identification number (CIN) of Hi-Tech Bearings Pvt Ltd is U33112WB1988PTC045092 and the company number is 045092 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hi-Tech Bearings Pvt Ltd?

    The Official website of Hi-Tech Bearings Pvt Ltd is https://www.hitechbearings.in

  • What has been the recent revenue trend for Hi-Tech Bearings Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hi-Tech Bearings Pvt Ltd has risen by 11.18%.

  • How many employees does Hi-Tech Bearings Pvt Ltd currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Hi-Tech Bearings Pvt Ltd.

  • What change has been observed in the net worth of Hi-Tech Bearings Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hi-Tech Bearings Pvt Ltd has experienced an upsurge of 6.59%.

  • What are the total open charges for Hi-Tech Bearings Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Hi-Tech Bearings Pvt Ltd amount to ₹ 2.70 Cr.

  • When was the last Balance Sheet of Hi-Tech Bearings Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Hi-Tech Bearings Pvt Ltd was filed with the ROC on 31 Mar 2024.

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