Hytech Steel Foundry Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 25-07-2024
- Paid Up Capital ₹ 4.27 Cr
as on 25-07-2024
- Company Age 14 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.85 Cr
as on 25-07-2024
- Satisfied Charges ₹ 3.00 Cr
as on 25-07-2024
- Revenue 76.11%
(FY 2023)
- Profit 58.52%
(FY 2023)
- Ebitda 179.86%
(FY 2023)
- Net Worth -35.12%
(FY 2023)
- Total Assets 13.63%
(FY 2023)
About Hytech Steel Foundry
The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 4.27 Cr.
The company currently has active open charges totaling ₹4.85 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Soumya Srinivas, Srinivas Geetha, Hemachandra Suhan, and Five other members serve as directors at the Company.
- CIN/LLPIN
U28910KA2010PTC055648
- Company No.
055648
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Oct 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore Rural, Karnataka, India
- Telephone
- Email Address
- Social Media-
Who are the key members and board of directors at Hytech Steel Foundry?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Soumya Srinivas  | Director | 23-Dec-2020 | Current |
| Srinivas Geetha | Director | 23-Dec-2020 | Current |
| Hemachandra Suhan | Director | 07-Sep-2019 | Current |
| Savitha Kanaganahallimath | Director | 27-Oct-2010 | Current |
| Kote Rao | Director | 27-Oct-2010 | Current |
| Kanchakaranalli Nagaraj | Director | 27-Oct-2010 | Current |
Financial Performance of Hytech Steel Foundry.
Hytech Steel Foundry Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 76.11% increase. The company also saw a substantial improvement in profitability, with a 58.52% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Hytech Steel Foundry?
In 2023, Hytech Steel Foundry had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hytech Machine Tool & Automation (India) Private LimitedActive 18 years 2 monthsSavitha Kanaganahallimath and Kanchakaranalli Nagaraj are mutual person
- Tacit Technovative Private LimitedActive 35 years 3 months
Kote Rao and Srinivasa Nayari are mutual person
- Tacit Cast Specialities Private LimitedActive 17 years 2 months
Kote Rao and Srinivasa Nayari are mutual person
Charges (Loans)
₹4.85 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2017 | Axis Bank Limited | ₹4.85 Cr | Open |
| 13 Mar 2014 | Karnataka State Financial Corporation | ₹3.00 Cr | Satisfied |
How Many Employees Work at Hytech Steel Foundry?
Hytech Steel Foundry has a workforce of 4 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hytech Steel Foundry, 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 Hytech Steel Foundry's trajectory.
Rating
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
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.
