Hitech Motors And Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 5 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.27 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 eight months 10 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 2023. 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 ₹12.27 Cr.
Rajendra Desai, Vinay Balikai, Basavaraj Tangadi, and One other member serve as directors at the Company.
Company Details
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Location
Belgaum, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U50300KA2019PTC124597
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Company No.
124597
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 May 2019
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Hitech Motors And Automobiles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Balikai
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Director | 19-Jun-2020 | Current |
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Rajesh Bhosagi
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Director | 24-May-2019 | Current |
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Rajendra Desai
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Director | 19-Jun-2020 | Current |
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Basavaraj Tangadi
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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%.
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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)
₹122.70 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 12.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2023 | Axis Bank Limited | ₹12.27 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.