Hitech Spices Private Limited

Produces and sells packaged masalas, spice powders, and pickles.

2014 | Hyderabad, Telangana (India) | Active
Last Updated: December 31, 2024

Hitech Spices Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.96 Cr
  • Revenue Growth -13.33%
  • Profit Growth 103.75%
  • Ebitda 39.06%
  • Net Worth 38.28%
  • Total Assets 12.80%

About Hitech Spices

Hitech Spices Private Limited (HSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 December 2014 and has a history of Ten years and one month. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Food And Beverages 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.96 Cr.

Rajiv Modi and Navneeta Modi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15122TG2014PTC097068

  • Company No.

    097068

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Dec 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Food and Beverages

What products or services does Hitech Spices Private Limited offer?

Hitech Spices Private Limited offers a wide range of products and services, including Cooking Spices and Masala, Masala Mix, Masala Powder, Chilli Powder, Dhaniya.

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

Board Members (2)

NameDesignationAppointment DateStatus
Rajiv Modi Country flag representing In Director 31-Dec-2014Current
Navneeta Modi Country flag representing In Additional Director 12-Aug-2016Current

Financial Performance of Hitech Spices.

Hitech Spices Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 13.33% decrease. The company also saw a substantial improvement in profitability, with a 103.75% increase in profit. The company's net worth Soared by an impressive increase of 38.28%.

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
-13.33%
Revenue from Operations
-11.43%
Total Assets
12.80%
Profit or Loss
103.75%
Net Worth
38.28%
EBITDA
39.06%

What is the Ownership and Shareholding Structure of Hitech Spices?

In 2020, Hitech Spices 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

₹59.62 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.76 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
01 Nov 2022Hdfc Bank Limited₹2.01 MOpen
29 Jul 2020Axis Bank Limited₹2.91 CrOpen
06 Jun 2020Axis Bank Limited₹0.51 MOpen
29 Sep 2016Axis Bank Limited₹2.80 CrOpen

How Many Employees Work at Hitech Spices?

Hitech Spices has a workforce of 8 employees as of Apr 05, 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 Spices, 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 Spices'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 Spices

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 29.10 M registered on 29 Jul 2020 with Charge ID 100404925 was modified on 23 May 2023.

    23 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.01 M with Charge ID 100646240 was registered on 01 Nov 2022.

    01 Nov 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 29.10 M with Charge ID 100404925 was registered on 29 Jul 2020.

    29 Jul 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.51 M with Charge ID 100413117 was registered on 06 Jun 2020.

    06 Jun 2020

Frequently asked questions

  • Hitech Spices Private Limited was incorporated on 31 Dec 2014.

  • The authorized share capital of Hitech Spices Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Hitech Spices Private Limited.

    • Rajiv Modi
    • Navneeta Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitech Spices Private Limited is D-86 Phase-I, Ida Jeedimetla India, Hyderabad, Telangana, 500055.

  • The corporate identification number (CIN) of Hitech Spices Private Limited is U15122TG2014PTC097068 and the company number is 097068 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Hitech Spices Private Limited has fallen by -13.33%.

  • As Per 2020 financial reports, 8 employees are currently employed by Hitech Spices Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Hitech Spices Private Limited has experienced an upsurge of 38.28%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Hitech Spices Private Limited amount to ₹ 5.96 Cr.

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

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