Hitech Projects Private Limited

Designs and constructs industrial, residential, commercial, and institutional buildings for various clients.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Hitech Projects Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 140.09 Cr
  • Satisfied Charges ₹ 7.21 Cr
  • Revenue Growth 37.61%
  • Profit Growth 66.27%
  • Ebitda 55.28%
  • Net Worth 30.66%
  • Total Assets 27.09%

About Hitech Projects

Hitech Projects Private Limited (HPPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2016 (Eight years and nine months 19 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Real Estate And Construction 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 12.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹140.09 Cr. The company has closed loans amounting to ₹7.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hitech Projects Private Limited India is Payal Banwari as COMPANY SECRETARY. Tejas Dalal and Munir Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201GJ2016PTC092432

  • Company No.

    092432

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction

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

Executive Team (1)

NameDesignationAppointment DateStatus
Payal Banwari Company Secretary01-Mar-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Tejas Dalal Country flag representing Us Director 13-Jun-2016Current
Munir Shah Country flag representing In Director 13-Jun-2016Current

Financial Performance of Hitech Projects.

Hitech Projects Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.61% increase. The company also saw a substantial improvement in profitability, with a 66.27% increase in profit. The company's net worth Soared by an impressive increase of 30.66%.

Hitech Projects revenue growth over time
Hitech Projects 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
37.61%
Revenue from Operations
37.79%
Total Assets
27.09%
Profit or Loss
66.27%
Net Worth
30.66%
EBITDA
55.28%

What is the Ownership and Shareholding Structure of Hitech Projects?

In 2023, Hitech Projects had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹140.09 Cr

Satisfied Charges

₹7.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 97.76 Cr
  • Axis Bank Limited : 38.00 Cr
  • Tata Capital Financial Services Limited : 2.93 Cr
  • Hdfc Bank Limited : 1.40 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2023Others₹5.30 MOpen
06 Jun 2023Others₹5.70 MOpen
06 Jun 2023Others₹5.30 MOpen
27 Apr 2023Tata Capital Financial Services Limited₹2.93 CrOpen
23 Feb 2023Others₹9.79 MOpen

How Many Employees Work at Hitech Projects?

Hitech Projects has a workforce of 1135 employees as of Jun 27, 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 Projects Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Hitech Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 29.00 Cr registered on 14 Jun 2016 with Charge ID 100050134 was modified on 25 Jan 2024.

  • Charges

    A charge registered on 08 Dec 2020 via Charge ID 100394544 with Others was fully satisfied on 04 Jan 2024.

  • Charges

    A charge registered on 23 Sep 2020 via Charge ID 100376293 with Others was fully satisfied on 31 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 0.53 Cr with Charge ID 100736070 was registered on 28 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Hitech Projects Private Limited?

    Hitech Projects Private Limited was incorporated on 13 Jun 2016.

  • What is authorized share capital and paid-up capital of Hitech Projects Private Limited?

    The authorized share capital of Hitech Projects Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Who are the current board members & directors of Hitech Projects Private Limited?

    Currently 3 directors are associated with Hitech Projects Private Limited.

    • Tejas Rajendrabhai Dalal
    • Payal Ravi Banwari
    • Munir Kiritbhai Shah

  • What is the registered address of Hitech Projects Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Projects Private Limited is A-1401 Block-A West Gate Business Bay Besides Signature-1 S.G. Highway Makarba, India, Ahmedabad, Gujarat, 380051.

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

    The corporate identification number (CIN) of Hitech Projects Private Limited is U45201GJ2016PTC092432 and the company number is 092432 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hitech Projects Private Limited?

    The Official website of Hitech Projects Private Limited is https://www.hitechprojects.co.in

  • What has been the recent revenue trend for Hitech Projects Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Projects Private Limited has risen by 37.61%.

  • How many employees does Hitech Projects Private Limited currently have?

    As Per 2023 financial reports, 1135 employees are currently employed by Hitech Projects Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Projects Private Limited has experienced an upsurge of 30.66%.

  • What are the total open charges for Hitech Projects Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Hitech Projects Private Limited amount to ₹ 140.09 Cr.

  • When was the last Balance Sheet of Hitech Projects Private Limited filed with the ROC?

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