Hi-Tech Induction Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.41 M
- Company Age 35 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.57 M
- Revenue Growth %
- Profit Growth -200.91%
- Ebitda -350.27%
- Net Worth -1.93%
- Total Assets -0.75%
About Hi-Tech Induction
Hi-Tech Induction Private Limited (HIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 1989 and has a history of 35 years and 11 months. Its registered office is in Belgaum., Karnataka.
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 1.50 M and a paid-up capital of Rs 1.41 M.
The company currently has active open charges totaling ₹0.57 M.
Ulhas Kakatkar, Suhas Kakatkar, Sanjay Kakatkar, and One other member serve as directors at the Company.
Company Details
-
LocationBelgaum., Karnataka
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U28920KA1989PTC009871
-
Company No.
009871
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
23 Feb 1989
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Hi-Tech Induction?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ulhas Kakatkar
|
Director | 23-Feb-1989 | Current |
|
Suhas Kakatkar
|
Director | 23-Feb-1989 | Current |
|
Sanjay Kakatkar
|
Director | 05-Mar-2016 | Current |
|
Seema Kakatkar
|
Director | 05-Mar-2016 | Current |
Financial Performance of Hi-Tech Induction.
Hi-Tech Induction Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 200.91% decrease in profit. The company's net worth dipped by a decrease of 1.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Hi-Tech Induction?
In 2017, Hi-Tech Induction 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)
-
Hind Autocranks Private LimitedUlhas Kakatkar, Sanjay Kakatkar and 1 more are mutual person
Charges (Loans)
₹0.57 M
₹0
Charges Breakdown by Lending Institutions
- Janata Sahkari Bank Ltd. : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 1990 | Janata Sahkari Bank Ltd. | ₹0.57 M | Open |
How Many Employees Work at Hi-Tech Induction?
Unlock and access historical data on people associated with Hi-Tech Induction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Induction, 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 Induction'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.
