Hitek Fine Chemicals Private Limited

Creates and supplies floor chemicals and materials for various clients in the construction industry.

1987 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Hitek Fine Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.94 M
  • Company Age 38 Year, 14 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.75 Cr
  • Revenue Growth 19.87%
  • Profit Growth 8.50%
  • Ebitda 33.46%
  • Net Worth 32.59%
  • Total Assets 79.82%

About Hitek Fine Chemicals

Hitek Fine Chemicals Private Limited (HFCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 February 1987 and has a history of 38 years. Its registered office is in Bangalore, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.94 M.

The company currently has active open charges totaling ₹2.75 Cr.

Bhanu Govani and Karan Govani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24116KA1987PTC008135

  • Company No.

    008135

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1987

  • Date of AGM

    31 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials

What products or services does Hitek Fine Chemicals Private Limited offer?

Hitek Fine Chemicals Private Limited offers a wide range of products and services, including Epoxy Adhesives, Silicone Sealant, Marble Sealers, Tile Adhesives, Marble Adhesive, Sealants, Adhesives, Glue and Sealants, Paints, Wall Putty & Varnishes, Marble Granite Polish, Body Fillers.

Who are the key members and board of directors at Hitek Fine Chemicals?

Executive Team (1)

Name Designation Appointment Date Status
Bhanu Govani Country flag representing In Managing Director 08-Nov-1988 Current

Board Members (1)

Name Designation Appointment Date Status
Karan Govani Country flag representing In Director 01-Apr-2005 Current

Financial Performance of Hitek Fine Chemicals.

Hitek Fine Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.87% increase. The company also saw a slight improvement in profitability, with a 8.5% increase in profit. The company's net worth Soared by an impressive increase of 32.59%.

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
19.87%
Revenue from Operations
19.85%
Total Assets
79.82%
Profit or Loss
8.50%
Net Worth
32.59%
EBITDA
33.46%

What is the Ownership and Shareholding Structure of Hitek Fine Chemicals?

In 2023, Hitek Fine Chemicals had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.45 Cr
  • The Federal Bank Ltd : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
20 Sep 2017 Others ₹2.45 Cr Open
25 Mar 2013 The Federal Bank Ltd ₹3.00 M Open

How Many Employees Work at Hitek Fine Chemicals?

Hitek Fine Chemicals has a workforce of 49 employees as of Mar 27, 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 Hitek Fine Chemicals, 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 Hitek Fine Chemicals'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 Hitek Fine Chemicals

Recent activity within the organization

  • Annual General Meeting

    Hitek Fine Chemicals Private Limited last Annual general meeting of members was held on 31 Oct 2023 as per latest MCA records.

    31 Oct 2023

  • Charges

    A charge with Others of Rs. 24.50 M registered on 20 Sep 2017 with Charge ID 100145135 was modified on 06 Jul 2023.

    06 Jul 2023

  • Balance Sheet

    Hitek Fine Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 24.50 M with Charge ID 100145135 was registered on 20 Sep 2017.

    20 Sep 2017

  • Charges

    A charge with The Federal Bank Ltd amounted to Rs. 3.00 M with Charge ID 10418808 was registered on 25 Mar 2013.

    25 Mar 2013

  • Director Appointment

    Karan Kishore Govani was appointed as a Director was appointed as a Director on 01 Apr 2005 & has been associated with this company since 19 years 10 months .

    01 Apr 2005

Frequently asked questions

  • Hitek Fine Chemicals Private Limited was incorporated on 02 Feb 1987.

  • The authorized share capital of Hitek Fine Chemicals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.94 M.

  • Currently 2 directors are associated with Hitek Fine Chemicals Private Limited.

    • Bhanu Kishore Govani
    • Karan Kishore Govani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hitek Fine Chemicals Private Limited is No.10 First Floor Bannerghatta Main Road AdugodiNear Mico Factory, Bangalore, Karnataka, India, 560030.

  • The corporate identification number (CIN) of Hitek Fine Chemicals Private Limited is U24116KA1987PTC008135 and the company number is 008135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hitek Fine Chemicals Private Limited is https://www.hitekfinechemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hitek Fine Chemicals Private Limited has risen by 19.87%.

  • As Per 2023 financial reports, 49 employees are currently employed by Hitek Fine Chemicals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hitek Fine Chemicals Private Limited has experienced an upsurge of 32.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hitek Fine Chemicals Private Limited amount to ₹ 2.75 Cr.

  • The most recent Balance Sheet for Hitek Fine Chemicals Private Limited was filed with the ROC on 31 Mar 2023.

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