Hi-Tech Systems & Services Ltd.

Specialized products and services for power and process industry, equipment leasing, power generation.

1989 | Kolkata, West Bengal (India) | Active
Last Updated: December 10, 2024

Hi-Tech Systems & Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.14 Cr
  • Company Age 36 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 205.42 Cr
  • Satisfied Charges ₹ 138.04 Cr
  • Revenue Growth 13.12%
  • Profit Growth 2.26%
  • Ebitda 0.68%
  • Net Worth 11.08%
  • Total Assets 2.26%

About Hi-Tech Systems & Services

Hi-Tech Systems & Services Ltd. (HSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 1989 and has a history of 36 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Hi-Tech Systems & Services Private Limited. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.14 Cr.

The company currently has active open charges totaling ₹205.42 Cr. The company has closed loans amounting to ₹138.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Todi, Dharam Agrawal, Vikash Agrawal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hitech.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999WB1989PLC046263

  • Company No.

    046263

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Environment
Energy and Power

What products or services does Hi-Tech Systems & Services Ltd. offer?

Hi-Tech Systems & Services Ltd. offers a wide range of products and services, including Power Engineering Service, Thermal Power Generation Services, Electrical Equipment Rental, Industrial Equipment Rental, Designing Services, Engineering Solution, Marketing Consultancy, Level Gauge.

Who are the key members and board of directors at Hi-Tech Systems & Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Vikash Agrawal Country flag representing In Managing Director23-Dec-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Ajay Todi Country flag representing In Whole-Time Director 22-Jul-2024Current
Dharam Agrawal Country flag representing In Director 23-Dec-2006Current
Vivek Dinodia Country flag representing In Whole-Time Director 07-Nov-2017Current
Narendra Bansal Country flag representing In Director 13-May-2022Current
Sudipta Mukherjee Country flag representing In Director 30-May-2024Current

Financial Performance of Hi-Tech Systems & Services.

Hi-Tech Systems & Services Ltd., for the financial year ended 2021, experienced significant growth in revenue, with a 13.12% increase. The company also saw a slight improvement in profitability, with a 2.26% increase in profit. The company's net worth Soared by an impressive increase of 11.08%.

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
13.12%
Revenue from Operations
13.84%
Total Assets
2.26%
Profit or Loss
2.26%
Net Worth
11.08%
EBITDA
0.68%

What is the Ownership and Shareholding Structure of Hi-Tech Systems & Services?

In 2021, Hi-Tech Systems & Services had a promoter holding of 37.50% and a public holding of 62.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹205.42 Cr

Satisfied Charges

₹138.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 84.17 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 52.00 Cr
  • Hdfc Bank Limited : 42.00 Cr
  • Axis Bank Limited : 16.00 Cr
  • Indian Overseas Bank : 11.25 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2023Others₹2.00 MOpen
28 Sep 2022Axis Bank Limited₹16.00 CrOpen
22 Dec 2021The Hongkong And Shanghai Banking Corporation Limited₹16.00 CrOpen
09 Feb 2017Hdfc Bank Limited₹42.00 CrOpen
26 May 2014The Hongkong And Shanghai Banking Corporation Limited₹36.00 CrOpen

How Many Employees Work at Hi-Tech Systems & Services?

Unlock and access historical data on people associated with Hi-Tech Systems & Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Systems & Services, 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 Hi-Tech Systems & Services'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 Hi-Tech Systems & Services

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 36.00 Cr registered on 26 May 2014 with Charge ID 10496117 was modified on 27 Oct 2024.

    27 Oct 2024

  • Annual General Meeting

    Hi-Tech Systems & Services Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ajay Kumar Todi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Jul 2024 & has been associated with this company since 7 months 3 days .

    22 Jul 2024

  • Director Appointment

    Sudipta Kumar Mukherjee was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 8 months 25 days .

    30 May 2024

  • Balance Sheet

    Hi-Tech Systems & Services Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 42.00 Cr registered on 09 Feb 2017 with Charge ID 100084850 was modified on 19 Mar 2024.

    19 Mar 2024

Frequently asked questions

  • Hi-Tech Systems & Services Ltd. was incorporated on 16 Feb 1989.

  • The authorized share capital of Hi-Tech Systems & Services Ltd. is ₹ 2.00 Cr and paid-up capital is ₹ 1.14 Cr.

  • Currently 6 directors are associated with Hi-Tech Systems & Services Ltd..

    • Ajay Kumar Todi
    • Dharam Chand Agrawal
    • Vikash Agrawal
    • Vivek Dinodia
    • Narendra Bansal
    • Sudipta Kumar Mukherjee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Systems & Services Ltd. is White House 5Th Floor, 119 Park Street India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Hi-Tech Systems & Services Ltd. is U74999WB1989PLC046263 and the company number is 046263 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hi-Tech Systems & Services Ltd. is https://www.hitech.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Hi-Tech Systems & Services Ltd. has risen by 13.12%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Hi-Tech Systems & Services Ltd. has experienced an upsurge of 11.08%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Hi-Tech Systems & Services Ltd. amount to ₹ 205.42 Cr.

  • The most recent Balance Sheet for Hi-Tech Systems & Services Ltd. was filed with the ROC on 31 Mar 2024.

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