Hitech Lights Limited

Manufacturer of energy-efficient lighting products, including CFLs, LEDs, and solar lamps.

2008 | Rupnagar, Punjab (India) | Active
Last Updated:

Hitech Lights Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.75 M
  • Company Age 17 Year, 23 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.90 Cr
  • Satisfied Charges ₹ 25.33 Cr
  • Revenue Growth -15.25%
  • Profit Growth -27.22%
  • Ebitda -30.01%
  • Net Worth 2.68%
  • Total Assets -0.55%

About Hitech Lights

Hitech Lights Limited (HLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 February 2008 and has a history of 17 years. Its registered office is in Rupnagar, Punjab, India.

The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 4.75 M.

The company currently has active open charges totaling ₹32.90 Cr. The company has closed loans amounting to ₹25.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rupinder Sachdeva, Satinder Kaur, Pawandeep Kaur, and One other member serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31503PB2008PLC031674

  • Company No.

    031674

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables

What products or services does Hitech Lights Limited offer?

Hitech Lights Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Panel Light, Ceiling Lights, Flood Lights, LED Floodlight, LED Lights, LED Bulb, Street Lights, LED Street Light, LED Downlight.

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

Board Members (4)

NameDesignationAppointment DateStatus
Rupinder Sachdeva Country flag representing In Director 14-Feb-2008Current
Satinder Kaur Country flag representing In Director 28-Jun-2018Current
Pawandeep Kaur Country flag representing In Director 10-Sep-2018Current
Lakshneet Singh Country flag representing In Additional Director 17-Dec-2021Current

Financial Performance of Hitech Lights.

Hitech Lights Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.25% decrease. The company also saw a substantial fall in profitability, with a 27.22% decrease in profit. The company's net worth moved up by a moderate rise of 2.68%.

Hitech Lights revenue growth over time
Hitech Lights 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
-15.25%
Revenue from Operations
-17.19%
Total Assets
-0.55%
Profit or Loss
-27.22%
Net Worth
2.68%
EBITDA
-30.01%

What is the Ownership and Shareholding Structure of Hitech Lights?

In 2023, Hitech Lights had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹328.97 M

Satisfied Charges

₹253.28 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 32.90 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2014Hdfc Bank Limited₹16.45 CrOpen
24 Jun 2014Hdfc Bank Limited₹16.45 CrOpen
26 Jul 2013Allahabad Bank₹7.75 CrSatisfied
30 Mar 2012Axis Bank Limited₹8.30 CrSatisfied
20 Mar 2012Axis Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Hitech Lights?

Hitech Lights has a workforce of 35 employees as of Apr 07, 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.

Employee growth trends for Hitech Lights Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hitech Lights, 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 Hitech Lights'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 Hitech Lights

Recent activity within the organization

  • Annual General Meeting

    Hitech Lights Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Hitech Lights Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 164.49 M registered on 09 Aug 2014 with Charge ID 10519998 was modified on 21 Mar 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 164.49 M registered on 24 Jun 2014 with Charge ID 10519804 was modified on 21 Mar 2022.

  • Director Appointment

    Lakshneet Singh was appointed as a Additional Director was appointed as a Additional Director on 17 Dec 2021 & has been associated with this company since 3 years 2 months .

  • Director Appointment

    Pawandeep Kaur was appointed as a Director was appointed as a Director on 10 Sep 2018 & has been associated with this company since 6 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Hitech Lights Limited?

    Hitech Lights Limited was incorporated on 14 Feb 2008.

  • What is authorized share capital and paid-up capital of Hitech Lights Limited?

    The authorized share capital of Hitech Lights Limited is ₹ 5.00 M and paid-up capital is ₹ 4.75 M.

  • Who are the current board members & directors of Hitech Lights Limited?

    Currently 4 directors are associated with Hitech Lights Limited.

    • Rupinder Singh Sachdeva
    • Satinder Kaur
    • Pawandeep Kaur
    • Lakshneet Singh

  • What is the registered address of Hitech Lights Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Lights Limited is Plot No. 315-316 Industrial Area Phase 9, India, Mohali, Punjab, 160059.

  • What is the corporate identification number (CIN) and company number of Hitech Lights Limited?

    The corporate identification number (CIN) of Hitech Lights Limited is U31503PB2008PLC031674 and the company number is 031674 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hitech Lights Limited?

    The Official website of Hitech Lights Limited is https://www.hitechlights.in

  • What has been the recent revenue trend for Hitech Lights Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Lights Limited has fallen by -15.25%.

  • How many employees does Hitech Lights Limited currently have?

    As Per 2023 financial reports, 35 employees are currently employed by Hitech Lights Limited.

  • What change has been observed in the net worth of Hitech Lights Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Lights Limited has experienced an upsurge of 2.68%.

  • What are the total open charges for Hitech Lights Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hitech Lights Limited amount to ₹ 32.90 Cr.

  • When was the last Balance Sheet of Hitech Lights Limited filed with the ROC?

    The most recent Balance Sheet for Hitech Lights Limited was filed with the ROC on 31 Mar 2023.

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