Hitech Saw Limited

Manufactures spiral saw pipes and coatings for various applications.

1993 | Delhi (India) | Active
Last Updated: December 26, 2024

Hitech Saw Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 27.63 Cr
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25.21 Cr
  • Satisfied Charges ₹ 1.60 Cr
  • Revenue Growth 82.69%
  • Profit Growth 28.32%
  • Ebitda 34.69%
  • Net Worth 73.19%
  • Total Assets 2.48%

About Hitech Saw

Hitech Saw Limited (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 1993 and has a history of 31 years and nine months. Its registered office is in Delhi, India.

The Corporate was formerly known as Gujrat Hi-Tech Steels Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 27.63 Cr.

The company currently has active open charges totaling ₹25.21 Cr. The company has closed loans amounting to ₹1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hitech Saw Limited India are Puneet Verma as COMPANY SECRETARY and Ajay Rauniyar as Cfo. Vipul Bansal, Vinod Aggarwal, Rosy Jaiswal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1993PLC053185

  • Company No.

    053185

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Hitech Saw Limited offer?

Hitech Saw Limited offers a wide range of products and services, including Steel Pipes and Tubes, Galvanized Pipe, Hollow Sections.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Vipul Bansal Country flag representing In Managing Director29-Jun-2015Current
Puneet Verma Country flag representing In Company Secretary27-Jul-2024Current
Ajay Rauniyar CFO05-Dec-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Rosy Jaiswal Country flag representing In Director 31-May-2024Current
Vinod Aggarwal Country flag representing In Director 10-Jul-2024Current
Neerja Kumar Country flag representing In Director 09-Aug-2021Current
Nikita Bansal Country flag representing In Director 30-Jan-2024Current
Anand Amin Country flag representing In Whole-Time Director 30-Jan-2024Current

Financial Performance of Hitech Saw.

Hitech Saw Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 82.69% increase. The company also saw a substantial improvement in profitability, with a 28.32% increase in profit. The company's net worth Soared by an impressive increase of 73.19%.

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
82.69%
Revenue from Operations
82.85%
Total Assets
2.48%
Profit or Loss
28.32%
Net Worth
73.19%
EBITDA
34.69%

What is the Ownership and Shareholding Structure of Hitech Saw?

In 2023, Hitech Saw had a promoter holding of 81.37% and a public holding of 18.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹25.21 Cr

Satisfied Charges

₹1.60 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 25.00 Cr
  • Canara Bank : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2023Canara Bank₹2.10 MOpen
13 Sep 2019Axis Bank Limited₹25.00 CrOpen
04 Jan 2021Axis Bank Limited₹1.60 CrSatisfied

How Many Employees Work at Hitech Saw?

Hitech Saw has a workforce of 21 employees as of Aug 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Puneet Verma was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jul 2024 & has been associated with this company since 6 months 6 days .

    27 Jul 2024

  • Director Appointment

    Vinod Aggarwal was appointed as a Director was appointed as a Director on 10 Jul 2024 & has been associated with this company since 6 months 23 days .

    10 Jul 2024

  • Director Appointment

    Rosy Jaiswal was appointed as a Director was appointed as a Director on 31 May 2024 & has been associated with this company since 8 months 1 day .

    31 May 2024

  • Director Appointment

    Nikita Bansal was appointed as a Director was appointed as a Director on 30 Jan 2024 & has been associated with this company since 1 year 1 day .

    30 Jan 2024

  • Director Appointment

    Anand Thakorprasad Amin was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Jan 2024 & has been associated with this company since 1 year 1 day .

    30 Jan 2024

  • Annual General Meeting

    Hitech Saw Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Hitech Saw Limited was incorporated on 21 Apr 1993.

  • The authorized share capital of Hitech Saw Limited is ₹ 40.00 Cr and paid-up capital is ₹ 27.63 Cr.

  • Currently 8 directors are associated with Hitech Saw Limited.

    • Vipul Bansal
    • Vinod Aggarwal
    • Rosy Jaiswal
    • Neerja Kumar
    • Nikita Bansal
    • Anand Thakorprasad Amin
    • Puneet Verma
    • Ajay Kumar Rauniyar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Saw Limited is Sf 34 Pearls Omaxe Tower Netaji Subhash Place, Pitampura India, Delhi, 110034.

  • The corporate identification number (CIN) of Hitech Saw Limited is U74899DL1993PLC053185 and the company number is 053185 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hitech Saw Limited is https://www.hitechsaw.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hitech Saw Limited has risen by 82.69%.

  • As Per 2022 financial reports, 21 employees are currently employed by Hitech Saw Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hitech Saw Limited has experienced an upsurge of 73.19%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hitech Saw Limited amount to ₹ 25.21 Cr.

  • The most recent Balance Sheet for Hitech Saw Limited was filed with the ROC on 31 Mar 2023.

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