Hitech Products Private Ltd

Manufacturer of PVC wires, cables, and related products with ISO certification and large manufacturing unit.

1985 | Delhi (India) | Active
Last Updated:

Hitech Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.46 Cr
  • Satisfied Charges ₹ 1.89 M
  • Revenue Growth -28.77%
  • Profit Growth -111.78%
  • Ebitda -22.89%
  • Net Worth -0.22%
  • Total Assets 7.63%

About Hitech Products

Hitech Products Private Ltd (HPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 1985 and has a history of 39 years and 11 months. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing 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 0.18 M.

The company currently has active open charges totaling ₹1.46 Cr. The company has closed loans amounting to ₹1.89 M, as per Ministry of Corporate Affairs (MCA) records.

Veshal Gupta, Mangi Gupta, Vineet Gupta, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1985PTC020513

  • Company No.

    020513

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Hitech Products Private Ltd offer?

Hitech Products Private Ltd offers a wide range of products and services, including Electrical & Electronic Connectors, PCB Connectors, Computer PCI Cards, Cables & Modules, Computer Cables, Electrical Cables & Wires, Submersible Cables, Electronic Connectors, Multicore Cables, Router, Cables & Networking Devices, AV Cable.

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

Board Members (4)

NameDesignationAppointment DateStatus
Veshal Gupta Country flag representing In Director 01-Feb-1993Current
Mangi Gupta Country flag representing In Director 01-Apr-1994Current
Vineet Gupta Country flag representing In Director 03-Dec-1989Current
Vikkas Gupta Country flag representing In Director 25-Apr-2008Current

Financial Performance of Hitech Products.

Hitech Products Private Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.77% decrease. The company also saw a substantial fall in profitability, with a 111.78% decrease in profit. The company's net worth dipped by a decrease of 0.22%.

Hitech Products revenue growth over time
Hitech Products 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
-28.77%
Revenue from Operations
-28.89%
Total Assets
7.63%
Profit or Loss
-111.78%
Net Worth
-0.22%
EBITDA
-22.89%

What is the Ownership and Shareholding Structure of Hitech Products?

In 2021, Hitech Products had a promoter holding of 99.65% and a public holding of 0.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.57 M

Satisfied Charges

₹1.89 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.46 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2024Hdfc Bank Limited₹1.58 MOpen
16 Oct 2023Hdfc Bank Limited₹8.00 MOpen
22 Dec 2022Hdfc Bank Limited₹3.18 MOpen
15 Nov 2022Hdfc Bank Limited₹1.80 MOpen
20 Mar 2019Axis Bank Limited₹1.89 MSatisfied

How Many Employees Work at Hitech Products?

Hitech Products has a workforce of 4 employees as of Apr 06, 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 Products Private Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Hitech Products Private Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hitech Products Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.58 M with Charge ID 100855260 was registered on 16 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.00 M with Charge ID 100832107 was registered on 16 Oct 2023.

  • Charges

    A charge registered on 20 Mar 2019 via Charge ID 100253447 with Axis Bank Limited was fully satisfied on 10 Apr 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.18 M with Charge ID 100697067 was registered on 22 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Hitech Products Private Ltd?

    Hitech Products Private Ltd was incorporated on 22 Mar 1985.

  • What is authorized share capital and paid-up capital of Hitech Products Private Ltd?

    The authorized share capital of Hitech Products Private Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.18 M.

  • Who are the current board members & directors of Hitech Products Private Ltd?

    Currently 4 directors are associated with Hitech Products Private Ltd.

    • Veshal Gupta
    • Mangi Lal Gupta
    • Vineet Gupta
    • Vikkas Gupta
  • What is the registered address of Hitech Products Private Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Products Private Ltd is A-13 B-1 Extn Mohan Coperative Industiral Estate, Badarpur India, New Delhi, 110044.

  • What is the corporate identification number (CIN) and company number of Hitech Products Private Ltd?

    The corporate identification number (CIN) of Hitech Products Private Ltd is U74899DL1985PTC020513 and the company number is 020513 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hitech Products Private Ltd?

    The Official website of Hitech Products Private Ltd is https://www.wireandcableindia.com

  • What has been the recent revenue trend for Hitech Products Private Ltd?

    According to the financial reports for the fiscal year 2021, the revenue trend for Hitech Products Private Ltd has fallen by -28.77%.

  • How many employees does Hitech Products Private Ltd currently have?

    As Per 2021 financial reports, 4 employees are currently employed by Hitech Products Private Ltd.

  • What change has been observed in the net worth of Hitech Products Private Ltd, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Hitech Products Private Ltd has experienced an downturn of -0.22%.

  • What are the total open charges for Hitech Products Private Ltd?

    As per the financial statements for fiscal Year 2021, The total open charges for Hitech Products Private Ltd amount to ₹ 1.46 Cr.

  • When was the last Balance Sheet of Hitech Products Private Ltd filed with the ROC?

    The most recent Balance Sheet for Hitech Products Private Ltd was filed with the ROC on 31 Mar 2024.