Hitech Corporation Profile
Key Indicators
- Authorised Capital ₹ 60.50 Cr
- Paid Up Capital ₹ 17.18 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 328.51 Cr
- Satisfied Charges ₹ 137.23 Cr
- Revenue Growth -4.89%
- Profit Growth -24.25%
- Ebitda -13.53%
- Net Worth 12.10%
- Total Assets -3.80%
About Hitech Corporation
Hitech Corporation Limited (HCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1991 and has a history of 33 years and six months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526217 and on the National Stock Exchange(NSE) under HITECHCORP.
The Corporate was formerly known as Hitech Plast Limited. The Company is engaged in the Manufacturing 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 60.50 Cr and a paid-up capital of Rs 17.18 Cr.
The company currently has active open charges totaling ₹328.51 Cr. The company has closed loans amounting to ₹137.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hitech Corporation Limited India are Ashish Vinodkumar as COMPANY SECRETARY and Avan Chaina as Cfo. Bomi Chinoy, Anjan Ray, Aditya Sheth, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L28992MH1991PLC168235
- Company No.
168235
- Stock Symbol
BSE : 526217 NSE : HITECHCORP
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Oct 1991
- Date of AGM
25 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Hitech Corporation Limited offer?
Hitech Corporation Limited offers a wide range of products and services, including Stamping Tools & Stamping Machine, Automotive & Electrical Stampings, Learning and Educational Toy, Educational Game, Architectural & Civil Engineering, Architectural Services, Business Consultant, Innovation Management, Printing & Binding Services, Printing Services.
Hitech Corporation Limited
Explore comprehensive data for Hitech Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Hitech Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Malav Dani  | Managing Director | 30-Jan-2007 | Current |
| Ashish Vinodkumar | Company Secretary | 01-Jun-2023 | Current |
| Avan Chaina | CFO | 03-Jul-2019 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prakash Trivedi | Director | 20-Jan-2024 | Current |
Aditya Sheth  | Director | 25-Jun-2019 | Current |
| Bomi Chinoy | Director | 23-May-2016 | Current |
| Anjan Ray | Director | 26-Feb-2024 | Current |
| Kalpana Merchant | Director | 27-Feb-2020 | Current |
| Mehernosh Mehta | Whole-Time Director | 17-Mar-2016 | Current |
Financial Performance of Hitech Corporation.
Hitech Corporation Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.89% decrease. The company also saw a substantial fall in profitability, with a 24.25% decrease in profit. The company's net worth Soared by an impressive increase of 12.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hitech Corporation?
In 2023, Hitech Corporation had a promoter holding of 74.44% and a public holding of 25.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Thpl Support Services LimitedKalpana Merchant is a mutual person
Sattva Holding And Trading Private LimitedBomi Chinoy and Malav Dani are mutual person
Rituh Holding And Trading Company Private LimitedIna Dani is a mutual person
Paladin Paints & Chemicals Private LimitedMehernosh Mehta is a mutual person
Homevilla Yoga Private LimitedMalav Dani is a mutual person
Goldstab Organics Private LimitedJayendra Shah is a mutual person
Charges (Loans)
Open Charges
₹328.51 Cr
Satisfied Charges
₹137.23 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 161.06 Cr
- Kotak Mahindra Bank Limited : 80.70 Cr
- Others : 45.00 Cr
- Axis Bank Limited : 20.00 Cr
- Standard Chartered Bank : 10.00 Cr
- Others : 11.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | The Zoroastrian Co-Operative Bank Limited | ₹9.00 Cr | Open |
| 27 Sep 2019 | Axis Bank Limited | ₹20.00 Cr | Open |
| 28 Mar 2019 | Hdfc Bank Limited | ₹32.00 Cr | Open |
| 12 Apr 2018 | Others | ₹45.00 Cr | Open |
| 04 May 2017 | Hdfc Bank Limited | ₹70.00 Cr | Open |
How Many Employees Work at Hitech Corporation?
Hitech Corporation has a workforce of 462 employees as of May 15, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hitech Corporation, 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 Corporation'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
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 Corporation
Recent activity within the organization
- Annual General Meeting
Hitech Corporation Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.
- Director Appointment
Jayendra Ratilal Shah was appointed as a Director was appointed as a Director on 27 May 2024 & has been associated with this company since 11 months 18 days .
- Charges
A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 04 May 2017 with Charge ID 100109804 was modified on 24 May 2024.
- Balance Sheet
Hitech Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100902779 was registered on 27 Mar 2024.
- Director Appointment
Anjan Ray was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 2 months .
Recent News, Updates & Announcement
- GPLP投融资：旗芯微获数亿元 国自机器人获超2亿元.
作者：阿桑 旗芯微完成数亿元B+轮融资 近日，旗芯微完成B+轮融资，由北京华控、苏高新金控、苏高新集团、无锡国经，以及产业方中车资本旗下基金中车民生联合投资，融资金额高达数亿元。苏州旗芯微半导体有限公司成立于2020年10月，将基于ARM ....
Frequently asked questions
What is the Incorporation or founding date of Hitech Corporation Limited?
Hitech Corporation Limited was incorporated on 16 Oct 1991.
What is authorized share capital and paid-up capital of Hitech Corporation Limited?
The authorized share capital of Hitech Corporation Limited is ₹ 60.50 Cr and paid-up capital is ₹ 17.18 Cr.
Who are the current board members & directors of Hitech Corporation Limited?
Currently 11 directors are associated with Hitech Corporation Limited.
- Ashish Roongta Vinodkumar
- Avan Rohinton Chaina
- Bomi Pesi Chinoy
- Anjan Ray
- Aditya Mahendra Sheth
- Malav Ashwin Dani
- Kalpana Vithaldas Merchant
- Mehernosh Adi Mehta
- Prakash Druman Trivedi
- Jayendra Ratilal Shah
- Ina Ashwin Dani
What is the registered address of Hitech Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Corporation Limited is Unit No. 201 2Nd Floor Welspun House Kamala City Senapati Bapat Marg, Lower Parel India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Hitech Corporation Limited?
The corporate identification number (CIN) of Hitech Corporation Limited is L28992MH1991PLC168235 and the company number is 168235 as per Ministry of Corporate Affairs (MCA).
Is Hitech Corporation Limited registered with any stock exchange in India?
Yes, Hitech Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HITECHCORP.
What is the official website of Hitech Corporation Limited?
The Official website of Hitech Corporation Limited is https://www.hitechgroup.com
What has been the recent revenue trend for Hitech Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Corporation Limited has fallen by -4.89%.
How many employees does Hitech Corporation Limited currently have?
As Per 2023 financial reports, 462 employees are currently employed by Hitech Corporation Limited.
What change has been observed in the net worth of Hitech Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Corporation Limited has experienced an upsurge of 12.10%.
What are the total open charges for Hitech Corporation Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hitech Corporation Limited amount to ₹ 328.51 Cr.
When was the last Balance Sheet of Hitech Corporation Limited filed with the ROC?
The most recent Balance Sheet for Hitech Corporation Limited was filed with the ROC on 31 Mar 2024.
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