Hitech Rolling Balls Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 06-12-2024
- Paid Up Capital ₹ 1.10 Cr
as on 06-12-2024
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 14.94 Cr
as on 06-12-2024
- Satisfied Charges ₹ 3.25 Cr
as on 06-12-2024
- Revenue 10.06%
(FY 2021)
- Profit 39.63%
(FY 2021)
- Ebitda 50.76%
(FY 2021)
- Net Worth 15.69%
(FY 2021)
- Total Assets 20.77%
(FY 2021)
About Hitech Rolling Balls
The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.10 Cr.
The company currently has active open charges totaling ₹14.94 Cr. The company has closed loans amounting to ₹3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saurabh Shah, Rushabh Shah, Yogesh Shah, and One other member serve as directors at the Company.
- CIN/LLPIN
U29130MH1989PTC053278
- Company No.
053278
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Aug 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Hitech Rolling Balls Private Limited offer?
Hitech Rolling Balls Private Limited offers a wide range of products and services, including Alloy, Metal and Machine Washers, Flat Washers, Ball Cage, Bearing Cages, Industrial Pins, Crank Pin.
Who are the key members and board of directors at Hitech Rolling Balls?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Shah  | Managing Director | 31-Aug-1989 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saurabh Shah | Director | 01-Jun-2008 | Current |
| Rushabh Shah | Director | 09-Feb-2012 | Current |
| Arti Shah | Director | 18-Aug-1992 | Current |
Financial Performance and Corporate Structure Insights of Hitech Rolling Balls.
Hitech Rolling Balls Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 10.06% increase. The company also saw a substantial improvement in profitability, with a 39.63% increase in profit. The company's net worth Soared by an impressive increase of 15.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Hitech Rolling Balls?
In 2021, Hitech Rolling Balls had a promoter holding of 38.61% and a public holding of 61.39%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Chetan Bearings Pvt LtdActive 31 years 7 monthsSaurabh Shah, Yogesh Shah and 1 more are mutual person
- All India Ball Bearing Merchants' AssociationActive 61 years 10 months
Yogesh Shah is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Co Op Bank Of Ahmedabad Ltd Creation Date: 04 Oct 1995 | ₹3.44 M | Open |
Co Op Bank Of Ahmedabad Ltd Creation Date: 31 Jul 1995 | ₹14.25 Cr | Open |
Co Op Bank Of Ahmedabad Ltd Creation Date: 04 Oct 1990 | ₹3.44 M | Open |
How Many Employees Work at Hitech Rolling Balls?
Hitech Rolling Balls has a workforce of 39 employees as of Apr 09, 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 Rolling Balls, 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 Rolling Balls'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.
