Hi-Tech Pipes Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 20.31 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 655.76 Cr
- Satisfied Charges ₹ 1,172.27 Cr
- Revenue Growth 47.26%
- Profit Growth 98.66%
- Ebitda 44.78%
- Net Worth 24.74%
- Total Assets 28.22%
About Hi-Tech Pipes
Hi-Tech Pipes Ltd (HPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 January 1985 and has a history of 40 years and one month. Its registered office is in Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543411 and on the National Stock Exchange(NSE) under HITECH.
The Corporate was formerly known as Ram Lal Harbans Lal Limited. The Company is engaged in the Metals And Minerals 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 24.00 Cr and a paid-up capital of Rs 20.31 Cr.
The company currently has active open charges totaling ₹655.76 Cr. The company has closed loans amounting to ₹1,172.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hi-Tech Pipes Ltd India are Arvind Kumar as CFO and Arun Kumar as Company Secretary. Anish Bansal, Ajay Bansal, Vivek Goyal, and Four other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Hi-Tech Pipes?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Bansal  | Managing Director | 02-Jan-1985 | Current |
| Arvind Kumar | CFO | 25-Aug-2023 | Current |
| Arun Kumar | Company Secretary | 18-Jul-2017 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prashant Saxena | Director | 30-Jan-2018 | Current |
| Anish Bansal | Whole-Time Director | 19-Feb-2009 | Current |
| Vivek Goyal | Director | 30-Jan-2018 | Current |
| Neerja Kumar | Director | 22-Jan-2020 | Current |
| Mukesh Garg | Director | 03-Dec-2020 | Current |
| Kamleshwar Prasad | Whole-Time Director | 12-Jan-2024 | Current |
Financial Performance of Hi-Tech Pipes.
Hi-Tech Pipes Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 47.26% increase. The company also saw a substantial improvement in profitability, with a 98.66% increase in profit. The company's net worth Soared by an impressive increase of 24.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hi-Tech Pipes?
In 2023, Hi-Tech Pipes had a promoter holding of 56.87% and a public holding of 43.12%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Htl Metal Private LimitedAnish Bansal, Ajay Bansal and 1 more are mutual person
Hitech Saw LimitedNeerja Kumar is a mutual person
Hitech Metalex Private LimitedAnish Bansal, Ajay Bansal and 1 more are mutual person
Salasar Techno Engineering LimitedMukesh Garg is a mutual person
Ems LimitedMukesh Garg is a mutual person
Allengers Medical Systems LimitedVivek Goyal is a mutual person
Charges (Loans)
₹655.76 Cr
₹1,172.27 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 339.00 Cr
- Others : 186.29 Cr
- Hdfc Bank Limited : 100.88 Cr
- State Bank Of India : 18.75 Cr
- Axis Bank Limited : 10.84 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2024 | Others | ₹15.00 Cr | Open |
| 08 Mar 2024 | Others | ₹10.10 Cr | Open |
| 06 Mar 2024 | Others | ₹77.00 Cr | Open |
| 31 Jul 2023 | Axis Bank Limited | ₹1.84 Cr | Open |
| 23 Aug 2022 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Hi-Tech Pipes?
Hi-Tech Pipes has a workforce of 180 employees as of Aug 24, 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 Pipes, 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 Pipes'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.
