Hi-Tech Formulations Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.07 Cr
- Company Age 22 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.77 Cr
- Satisfied Charges ₹ 8.45 Cr
- Revenue Growth 27.44%
- Profit Growth 21.51%
- Ebitda 18.63%
- Net Worth 77.01%
- Total Assets 13.96%
About Hi-Tech Formulations
Hi-Tech Formulations Private Limited (HFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2002 and has a history of 22 years and four months. Its registered office is in Chandigarh, Chandigarh, India.
The Company is engaged in the Pharma 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 2.00 Cr and a paid-up capital of Rs 1.07 Cr.
The company currently has active open charges totaling ₹9.77 Cr. The company has closed loans amounting to ₹8.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jaspreet Gulati and Dharmender Gulati serve as directors at the Company.
Company Details
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Location
Chandigarh, Chandigarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24232CH2002PTC025430
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Company No.
025430
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Sep 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Hi-Tech Formulations?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaspreet Gulati
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Director | 21-Dec-2014 | Current |
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Dharmender Gulati
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Director | 17-Sep-2002 | Current |
Financial Performance of Hi-Tech Formulations.
Hi-Tech Formulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.44% increase. The company also saw a substantial improvement in profitability, with a 21.51% increase in profit. The company's net worth Soared by an impressive increase of 77.01%.
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What is the Ownership and Shareholding Structure of Hi-Tech Formulations?
In 2023, Hi-Tech Formulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Lyra Laboratories Private LimitedJaspreet Gulati and Dharmender Gulati are mutual person
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Quencil Research Private LimitedJaspreet Gulati and Dharmender Gulati are mutual person
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Skin Habits Private Limited
Dharmender Gulati is a mutual person
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Mdc Estates Private Limited
Dharmender Gulati is a mutual person
Charges (Loans)
₹9.77 Cr
₹8.45 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 9.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2022 | Hdfc Bank Limited | ₹8.00 M | Open |
| 25 Oct 2018 | Hdfc Bank Limited | ₹8.97 Cr | Open |
| 07 Oct 2015 | Others | ₹7.70 Cr | Satisfied |
| 04 May 2009 | Indian Overseas Bank | ₹2.50 M | Satisfied |
| 20 Feb 2004 | Bank Of India | ₹2.50 M | Satisfied |
How Many Employees Work at Hi-Tech Formulations?
Hi-Tech Formulations has a workforce of 66 employees as of Mar 23, 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 Hi-Tech Formulations, 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 Formulations'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.
