Hitech Specialities Solutions Private Limited

Founded in 1978 and headquartered in Maharashtra, India.

1978 | Mumbai, Maharashtra (India) | Active
Last Updated:

Hitech Specialities Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.00 Cr
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth -14.95%
  • Profit Growth -39.26%
  • Ebitda -41.96%
  • Net Worth 13.28%
  • Total Assets -0.24%

About Hitech Specialities Solutions

Hitech Specialities Solutions Private Limited (HSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 November 1978 and has a history of 46 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Rangudyan Trading Investment Company Limited. The Company is engaged in the Chemicals And Materials 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 1.05 Cr.

The company currently has active open charges totaling ₹41.00 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hitech Specialities Solutions Private Limited India are Rahul Prabhudesai as CEO and Harshhika Limbachia as Company Secretary. Harish Motiwalla, Ina Dani, Anjan Ray, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1978PTC020745

  • Company No.

    020745

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 1978

  • Date of AGM

    06 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Hitech Specialities Solutions Private Limited offer?

Hitech Specialities Solutions Private Limited offers a wide range of products and services, including Bread & Buns, Brown Bread, Sealing Tape, Self Adhesive Tapes, Paint Rollers, Texture Roller, Chemical Reagents & Catalysts, Potassium Salts, Bakery & Confectionery Flavors, Cocoa Powder.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Rahul Prabhudesai CEO03-Oct-2022Current
Harshhika Limbachia Country flag representing In Company Secretary18-Jul-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Atul Sethi Country flag representing In Director 05-May-2017Current
Harish Motiwalla Country flag representing In Director 25-Apr-2024Current
Ina Dani Country flag representing In Director 31-Mar-1998Current
Anjan Ray Country flag representing In Director Current
Homi Daruwalla Country flag representing In Director 20-Jul-2018Current
Rahul Prabhudesai Director 05-Aug-2024Current

Financial Performance of Hitech Specialities Solutions.

Hitech Specialities Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.95% decrease. The company also saw a substantial fall in profitability, with a 39.26% decrease in profit. The company's net worth Soared by an impressive increase of 13.28%.

Hitech Specialities Solutions revenue growth over time
Hitech Specialities Solutions 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
-14.95%
Revenue from Operations
-15.03%
Total Assets
-0.24%
Profit or Loss
-39.26%
Net Worth
13.28%
EBITDA
-41.96%

What is the Ownership and Shareholding Structure of Hitech Specialities Solutions?

In 2023, Hitech Specialities Solutions 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

₹41.00 Cr

Satisfied Charges

₹0.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr
  • The Zoroastrian Co-Operative Bank Limited : 17.00 Cr
  • Kotak Mahindra Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024The Zoroastrian Co-Operative Bank Limited₹17.00 CrOpen
02 Aug 2006Kotak Mahindra Bank Limited₹4.00 CrOpen
15 Apr 2005Others₹20.00 CrOpen
22 Mar 2017Others₹1.50 MSatisfied

How Many Employees Work at Hitech Specialities Solutions?

Hitech Specialities Solutions has a workforce of 51 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.

Employee growth trends for Hitech Specialities Solutions Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Hitech Specialities Solutions Private Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.

  • Director Appointment

    Rahul Uday Prabhudesai was appointed as a Director was appointed as a Director on 05 Aug 2024 & has been associated with this company since 7 months 3 days .

  • Director Appointment

    Harshhika Kamlesh Limbachia was appointed as a Company Secretary was appointed as a Company Secretary on 18 Jul 2024 & has been associated with this company since 7 months 21 days .

  • Director Appointment

    Harish Narendra Motiwalla was appointed as a Director was appointed as a Director on 25 Apr 2024 & has been associated with this company since 10 months 13 days .

  • Balance Sheet

    Hitech Specialities Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with The Zoroastrian Co-Operative Bank Limited amounted to Rs. 17.00 Cr with Charge ID 100867926 was registered on 31 Jan 2024.

Recent News, Updates & Announcement

Frequently asked questions

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

    Hitech Specialities Solutions Private Limited was incorporated on 04 Nov 1978.

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

    The authorized share capital of Hitech Specialities Solutions Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.05 Cr.

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

    Currently 8 directors are associated with Hitech Specialities Solutions Private Limited.

    • Harish Narendra Motiwalla
    • Ina Ashwin Dani
    • Anjan Ray
    • Atul Rakesh Sethi
    • Homi Burjor Daruwalla
    • Rahul Uday Prabhudesai
    • Rahul Uday Prabhudesai
    • Harshhika Kamlesh Limbachia

  • What is the registered address of Hitech Specialities Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Specialities Solutions Private Limited is Unit No. 205 2Nd Floor Welspun House Kamala City Senapati Bapat Marg, Lower Parel (W) India, Mumbai, Maharashtra, 400013.

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

    The corporate identification number (CIN) of Hitech Specialities Solutions Private Limited is U65990MH1978PTC020745 and the company number is 020745 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hitech Specialities Solutions Private Limited?

    The Official website of Hitech Specialities Solutions Private Limited is https://www.hitechgroup.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Hitech Specialities Solutions Private Limited has fallen by -14.95%.

  • How many employees does Hitech Specialities Solutions Private Limited currently have?

    As Per 2023 financial reports, 51 employees are currently employed by Hitech Specialities Solutions Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Hitech Specialities Solutions Private Limited has experienced an upsurge of 13.28%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Hitech Specialities Solutions Private Limited amount to ₹ 41.00 Cr.

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

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

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