Hi-Tech Power And Steel Limited

Manufactures sponge iron, billet, and TMT bars with captive power plant.

2000 | Raipur, Chattisgarh (India) | Active
Last Updated: December 19, 2024

Hi-Tech Power And Steel Profile

Key Indicators

  • Authorised Capital ₹ 21.50 Cr
  • Paid Up Capital ₹ 19.30 Cr
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 439.84 Cr
  • Satisfied Charges ₹ 85.20 Cr
  • Revenue Growth 36.54%
  • Profit Growth 3.50%
  • Ebitda 9.60%
  • Net Worth 9.25%
  • Total Assets 25.88%

About Hi-Tech Power And Steel

Hi-Tech Power And Steel Limited (HPASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 2000 and has a history of 24 years and ten months. Its registered office is in Raipur, Chattisgarh, India.

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 21.50 Cr and a paid-up capital of Rs 19.30 Cr.

The company currently has active open charges totaling ₹439.84 Cr. The company has closed loans amounting to ₹85.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hi-Tech Power And Steel Limited India are Ena Lalwani as COMPANY SECRETARY and Kamal Agarwal as Cfo. Rakesh Agarwal, Ashok Agarwalla, Anita Agarwal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nandansteels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104CT2000PLC014148

  • Company No.

    014148

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Hi-Tech Power And Steel Limited offer?

Hi-Tech Power And Steel Limited offers a wide range of products and services, including Beams, Purlins, Frames and Girders, Building Beams & Girders.

Who are the key members and board of directors at Hi-Tech Power And Steel?

Executive Team (3)

NameDesignationAppointment DateStatus
Ena Lalwani Company Secretary10-Mar-2023Current
Kamal Agarwal Country flag representing In CFO01-Jan-2015Current
Binod Agarwal Country flag representing In Managing Director15-Jan-2015Current

Board Members (7)

NameDesignationAppointment DateStatus
Ashok Agarwalla Country flag representing In Whole-Time Director 02-Apr-2003Current
Rakesh Agarwal Country flag representing In Whole-Time Director 23-Dec-2010Current
Anita Agarwal Country flag representing In Director 28-Mar-2023Current
Nikhil Agrawal Country flag representing In Director 29-Sep-2020Current
Pradip Poddar Country flag representing In Director 01-Mar-2015Current
Manoj Agarwalla Country flag representing In Whole-Time Director 16-Nov-2007Current

Financial Performance of Hi-Tech Power And Steel.

Hi-Tech Power And Steel Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.54% increase. The company also saw a slight improvement in profitability, with a 3.5% increase in profit. The company's net worth moved up by a moderate rise of 9.25%.

Graph illustrating revenue growth over time
Graph showing 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
36.54%
Revenue from Operations
36.63%
Total Assets
25.88%
Profit or Loss
3.50%
Net Worth
9.25%
EBITDA
9.60%

What is the Ownership and Shareholding Structure of Hi-Tech Power And Steel?

In 2022, Hi-Tech Power And Steel had a promoter holding of 11.39% and a public holding of 88.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹439.84 Cr

Satisfied Charges

₹85.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 367.34 Cr
  • Hdfc Bank Limited : 71.21 Cr
  • Others : 1.29 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Hdfc Bank Limited₹3.05 MOpen
10 Jun 2024Hdfc Bank Limited₹7.99 MOpen
21 May 2024Others₹9.20 MOpen
14 Aug 2023State Bank Of India₹190.00 CrOpen
21 Jun 2023Hdfc Bank Limited₹2.20 MOpen

How Many Employees Work at Hi-Tech Power And Steel?

Unlock and access historical data on people associated with Hi-Tech Power And Steel, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Power And Steel, 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 Power And Steel'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 Hi-Tech Power And Steel

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101002558 was registered on 29 Oct 2024.

    29 Oct 2024

  • Annual General Meeting

    Hi-Tech Power And Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100963977 was registered on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 0.92 Cr with Charge ID 100952235 was registered on 21 May 2024.

    21 May 2024

  • Balance Sheet

    Hi-Tech Power And Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 190.00 Cr with Charge ID 100769606 was registered on 14 Aug 2023.

    14 Aug 2023

Frequently asked questions

  • Hi-Tech Power And Steel Limited was incorporated on 30 Mar 2000.

  • The authorized share capital of Hi-Tech Power And Steel Limited is ₹ 21.50 Cr and paid-up capital is ₹ 19.30 Cr.

  • Currently 10 directors are associated with Hi-Tech Power And Steel Limited.

    • Rakesh Kumar Agarwal
    • Ashok Kumar Agarwalla
    • Anita Agarwal
    • Ena Lalwani
    • Kamal Kumar Agarwal
    • Nikhil Kumar Agrawal
    • Pradip Poddar
    • Manoj Kumar Agarwalla
    • Manoj Kumar Agarwal
    • Binod Kumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Power And Steel Limited is 199-C 1St Floor, Main Road Samta Colony India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Hi-Tech Power And Steel Limited is U27104CT2000PLC014148 and the company number is 014148 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hi-Tech Power And Steel Limited is https://www.nandansteels.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hi-Tech Power And Steel Limited has risen by 36.54%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hi-Tech Power And Steel Limited has experienced an upsurge of 9.25%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hi-Tech Power And Steel Limited amount to ₹ 439.84 Cr.

  • The most recent Balance Sheet for Hi-Tech Power And Steel Limited was filed with the ROC on 31 Mar 2024.

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