Hitech Drives Private Limited

Hitech Drives Private Limited

Engineering company specializing in rotary gear box spares, transmission components, and industrial products.
2006 | Dist-Anand., Gujarat (India) | Active

Last Updated:

January 05, 2025
HomeCompanyHitech Drives Private Limited

Who are the key members and board of directors at Hitech Drives?

Board Members(2)

NameDesignationAppointment DateStatus
Hariprashad Thakar In Director 15-Apr-2006Current
Vaishali Thakar In Director 14-Jul-2009Current

Financial Performance of Hitech Drives.

Hitech Drives Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 53.41% decrease. The company also saw a substantial fall in profitability, with a 489.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.6%.

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
-53.41%
Revenue from Operations
-36.34%
Total Assets
-22.21%
Profit or Loss
-489.52%
Net Worth
-24.60%
EBITDA
-53.31%

Charges (Loans)

Satisfied Charges

₹13.30 M

LenderAmountStatus

Central Bank Of India Limited

Creation Date: 21 Jun 2006
₹1.33 CrSatisfied

How Many Employees Work at Hitech Drives?

Hitech Drives has a workforce of 2 employees as of Mar 29, 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.

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Latest Updates, News, and FAQs on Hitech Drives

Recent activity within the organization

  • Annual General Meeting

    Hitech Drives Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Charges

    A charge registered on 21 Jun 2006 via Charge ID 10009080 with Central Bank Of India Limited was fully satisfied on 09 Oct 2020.

    09 Oct 2020

  • Balance Sheet

    Hitech Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

    31 Mar 2020

  • Director Appointment

    Vaishali Manoj Thakar was appointed as a Director was appointed as a Director on 14 Jul 2009 & has been associated with this company since 15 years 6 months .

    14 Jul 2009

  • Charges

    A charge with Central Bank Of India Limited of Rs. 13.30 M registered on 21 Jun 2006 with Charge ID 10009080 was modified on 14 Jul 2006.

    14 Jul 2006

  • Charges

    A charge with Central Bank Of India Limited amounted to Rs. 13.30 M with Charge ID 10009080 was registered on 21 Jun 2006.

    21 Jun 2006

Frequently asked questions

  • Hitech Drives Private Limited was incorporated on 06 Apr 2006.

  • The authorized share capital of Hitech Drives Private Limited is ₹ 4.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Hitech Drives Private Limited.

    • Hariprashad Maganlal Thakar
    • Vaishali Manoj Thakar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Drives Private Limited is 443/A G-8, G.I.D.C Vithaludyognagar- 388 121 India, Dist-Anand., Gujarat.

  • The corporate identification number (CIN) of Hitech Drives Private Limited is U29130GJ2006PTC048090 and the company number is 048090 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Hitech Drives Private Limited has fallen by -53.41%.

  • As Per 2017 financial reports, 2 employees are currently employed by Hitech Drives Private Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Hitech Drives Private Limited has experienced an downturn of -24.60%.

  • The most recent Balance Sheet for Hitech Drives Private Limited was filed with the ROC on 31 Mar 2020.

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