Hitech Motors And Automobiles Private Limited
Trades and services automobiles, incorporated in 2019, based in Karnataka.
2019 | Belgaum, Karnataka (India) | Active
Hitech Motors And Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.60 Cr
- Revenue Growth 181.55%
- Profit Growth 174.45%
- Ebitda 274.92%
- Net Worth 74.15%
- Total Assets 53.82%
About Hitech Motors And Automobiles
Hitech Motors And Automobiles Private Limited (HMAAPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 May 2019 (Five years and ten months 5 days old ). Its registered office is in Belgaum, Karnataka, India.
The Company is engaged in the Automotive 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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹14.60 Cr.
Rajendra Desai, Vinay Balikai, Rajesh Bhosagi, and One other member serve as directors at the Company.
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50300KA2019PTC124597
- Company No.
124597
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 May 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
Who are the key members and board of directors at Hitech Motors And Automobiles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Balikai  | Director | 19-Jun-2020 | Current |
| Rajesh Bhosagi | Director | 24-May-2019 | Current |
| Rajendra Desai | Director | 19-Jun-2020 | Current |
| Basavaraj Tangadi | Director | 24-May-2019 | Current |
Financial Performance of Hitech Motors And Automobiles.
Hitech Motors And Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 181.55% increase. The company also saw a substantial improvement in profitability, with a 174.45% increase in profit. The company's net worth Soared by an impressive increase of 74.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hitech Motors And Automobiles?
In 2023, Hitech Motors And Automobiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹146.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 14.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2023 | Axis Bank Limited | ₹14.60 Cr | Open |
How Many Employees Work at Hitech Motors And Automobiles?
Hitech Motors And Automobiles has a workforce of 36 employees as of Mar 22, 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 Hitech Motors And Automobiles, 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 Motors And Automobiles'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.
Latest Updates, News, and FAQs on Hitech Motors And Automobiles
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 146.00 M registered on 25 Aug 2023 with Charge ID 100766554 was modified on 28 Jan 2025.
- Annual General Meeting
Hitech Motors And Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Hitech Motors And Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited amounted to Rs. 146.00 M with Charge ID 100766554 was registered on 25 Aug 2023.
- Director Appointment
Rajendra Desai was appointed as a Director was appointed as a Director on 19 Jun 2020 & has been associated with this company since 4 years 9 months .
- Director Appointment
Vinay Kumar Balikai was appointed as a Director was appointed as a Director on 19 Jun 2020 & has been associated with this company since 4 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Hitech Motors And Automobiles Private Limited?
Hitech Motors And Automobiles Private Limited was incorporated on 24 May 2019.
What is authorized share capital and paid-up capital of Hitech Motors And Automobiles Private Limited?
The authorized share capital of Hitech Motors And Automobiles Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Hitech Motors And Automobiles Private Limited?
Currently 4 directors are associated with Hitech Motors And Automobiles Private Limited.
- Rajendra Desai
- Vinay Kumar Balikai
- Rajesh Mahaveer Bhosagi
- Basavaraj Tangadi
What is the registered address of Hitech Motors And Automobiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Motors And Automobiles Private Limited is Rs No. 325 1B/2A/3 Opp Patson Nr Pimple Katta, Old Road India, Belgaum, Karnataka, 590003.
What is the corporate identification number (CIN) and company number of Hitech Motors And Automobiles Private Limited?
The corporate identification number (CIN) of Hitech Motors And Automobiles Private Limited is U50300KA2019PTC124597 and the company number is 124597 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Hitech Motors And Automobiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Motors And Automobiles Private Limited has risen by 181.55%.
How many employees does Hitech Motors And Automobiles Private Limited currently have?
As Per 2023 financial reports, 36 employees are currently employed by Hitech Motors And Automobiles Private Limited.
What change has been observed in the net worth of Hitech Motors And Automobiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Motors And Automobiles Private Limited has experienced an upsurge of 74.15%.
What are the total open charges for Hitech Motors And Automobiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hitech Motors And Automobiles Private Limited amount to ₹ 14.60 Cr.
When was the last Balance Sheet of Hitech Motors And Automobiles Private Limited filed with the ROC?
The most recent Balance Sheet for Hitech Motors And Automobiles Private Limited was filed with the ROC on 31 Mar 2024.