Hi-Tech Induction Private Limited

Provides induction hardening services for automobile components since 1989.

1989 | Belgaum., Karnataka (India) | Active
Last Updated:

Hi-Tech Induction Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.41 M
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.57 M
  • Revenue Growth %
  • Profit Growth 208.91%
  • Ebitda 239.38%
  • Net Worth 1.05%
  • Total Assets -2.47%

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 36 years and one month. 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

  • Location Belgaum., 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

Engineering

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

Board Members (4)

NameDesignationAppointment DateStatus
Ulhas Kakatkar Country flag representing In Director 23-Feb-1989Current
Suhas Kakatkar Country flag representing In Director 23-Feb-1989Current
Sanjay Kakatkar Country flag representing In Director 05-Mar-2016Current
Seema Kakatkar Country flag representing In Director 05-Mar-2016Current

Financial Performance of Hi-Tech Induction.

Hi-Tech Induction Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 208.91% increase in profit. The company's net worth moved up by a moderate rise of 1.05%.

Hi-Tech Induction revenue growth over time
Hi-Tech Induction 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
Revenue from Operations
Total Assets
-2.47%
Profit or Loss
208.91%
Net Worth
1.05%
EBITDA
239.38%

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

Unlock access to Hi-Tech Induction's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.57 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Janata Sahkari Bank Ltd. : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jan 1990Janata Sahkari Bank Ltd.₹0.57 MOpen

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.

Employee growth trends for Hi-Tech Induction Private Limited

Deals i

Graph showing company valuation over time

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

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 Induction

Recent activity within the organization

  • Annual General Meeting

    Hi-Tech Induction Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hi-Tech Induction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Sanjay Shankar Rao Kakatkar was appointed as a Director was appointed as a Director on 05 Mar 2016 & has been associated with this company since 9 years 24 days .

  • Director Appointment

    Seema Ullhas Kakatkar was appointed as a Director was appointed as a Director on 05 Mar 2016 & has been associated with this company since 9 years 24 days .

  • Charges

    A charge with Janata Sahkari Bank Ltd. of Rs. 0.57 M registered on 02 Jan 1990 with Charge ID 90190537 was modified on 27 Dec 1991.

  • Charges

    A charge with Janata Sahkari Bank Ltd. amounted to Rs. 0.57 M with Charge ID 90190537 was registered on 02 Jan 1990.

Frequently asked questions

  • What is the Incorporation or founding date of Hi-Tech Induction Private Limited?

    Hi-Tech Induction Private Limited was incorporated on 23 Feb 1989.

  • What is authorized share capital and paid-up capital of Hi-Tech Induction Private Limited?

    The authorized share capital of Hi-Tech Induction Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.41 M.

  • Who are the current board members & directors of Hi-Tech Induction Private Limited?

    Currently 4 directors are associated with Hi-Tech Induction Private Limited.

    • Ulhas Marutirao Kakatkar
    • Suhas Marutirao Kakatkar
    • Sanjay Shankar Rao Kakatkar
    • Seema Ullhas Kakatkar
  • What is the registered address of Hi-Tech Induction Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Induction Private Limited is 372 Dharwar Road, India, Belgaum., Karnataka.

  • What is the corporate identification number (CIN) and company number of Hi-Tech Induction Private Limited?

    The corporate identification number (CIN) of Hi-Tech Induction Private Limited is U28920KA1989PTC009871 and the company number is 009871 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Hi-Tech Induction Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Hi-Tech Induction Private Limited has experienced an upsurge of 1.05%.

  • What are the total open charges for Hi-Tech Induction Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Hi-Tech Induction Private Limited amount to ₹ 0.57 M.

  • When was the last Balance Sheet of Hi-Tech Induction Private Limited filed with the ROC?

    The most recent Balance Sheet for Hi-Tech Induction Private Limited was filed with the ROC on 31 Mar 2024.

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