Hi-Tech Investment Castings Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.17 Cr
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 24.88 Cr
- Revenue Growth 20.25%
- Profit Growth 13.07%
- Ebitda 20.16%
- Net Worth 16.79%
- Total Assets 18.17%
About Hi-Tech Investment Castings
Hi-Tech Investment Castings Private Limited (HICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 1989 and has a history of 35 years and ten months. Its registered office is in Bhavnagar, Gujarat, India.
The Corporate was formerly known as Hi-Tech Investment Castings 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 2.50 Cr and a paid-up capital of Rs 1.17 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹24.88 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tarun Vora, Jatin Thakkar, Kishorkumar Virani, and One other member serve as directors at the Company.
Company Details
- Location
Bhavnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27320GJ1989PTC012127
- Company No.
012127
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Apr 1989
- Date of AGM
14 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Hi-Tech Investment Castings Private Limited offer?
Hi-Tech Investment Castings Private Limited offers a wide range of products and services, including Generators, Turbines & Power Plants, Turbine Components, Die Casting & Investment Castings, Die Casting, Metal Alloys, Aluminum Alloys, Copper Alloys, Vacuum Castings.
Who are the key members and board of directors at Hi-Tech Investment Castings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatin Thakkar  | Managing Director | 17-Apr-1989 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kishorkumar Virani | Director | 17-Apr-1989 | Current |
| Tarun Vora | Whole-Time Director | 17-Apr-1989 | Current |
| Rohan Thakkar | Whole-Time Director | 11-Feb-2019 | Current |
Financial Performance of Hi-Tech Investment Castings.
Hi-Tech Investment Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.25% increase. The company also saw a substantial improvement in profitability, with a 13.07% increase in profit. The company's net worth Soared by an impressive increase of 16.79%.
- 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 Investment Castings?
In 2023, Hi-Tech Investment Castings had a promoter holding of 92.29% and a public holding of 7.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Karp Jewellery Private LimitedKishorkumar Virani is a mutual person
.webp)
Karp Impex LimitedKishorkumar Virani is a mutual person
Lost Wax Hitech Castings Private LimitedJatin Thakkar and Rohan Thakkar are mutual person
- Shantabana Impex Llp
Kishorkumar Virani is a mutual person
- Sp3 Technologies Llp
Kishorkumar Virani is a mutual person
- Vansh Grow Green Llp
Kishorkumar Virani is a mutual person
Charges (Loans)
₹5.00 Cr
₹24.88 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2010 | Axis Bank Limited | ₹5.00 Cr | Open |
| 26 Mar 2009 | State Bank Of India | ₹0.67 M | Satisfied |
| 08 Nov 2005 | State Bank Of India | ₹9.99 Cr | Satisfied |
| 08 Nov 2005 | State Bank Of India | ₹9.99 Cr | Satisfied |
| 08 Nov 2005 | State Bank Of Saurashtra | ₹2.00 Cr | Satisfied |
How Many Employees Work at Hi-Tech Investment Castings?
Hi-Tech Investment Castings has a workforce of 269 employees as of Apr 05, 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 Investment Castings, 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 Investment Castings'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.
