Mehta Hitech Industries Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 16.80 Cr
- Company Age 24 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22.35 Cr
- Satisfied Charges ₹ 27.59 Cr
- Revenue Growth 40.41%
- Profit Growth 69.35%
- Ebitda 50.21%
- Net Worth 33.04%
- Total Assets 54.87%
About Mehta Hitech Industries
Mehta Hitech Industries Limited (MHIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 June 2000 and has a history of 24 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 25.00 Cr and a paid-up capital of Rs 16.80 Cr.
The company currently has active open charges totaling ₹22.35 Cr. The company has closed loans amounting to ₹27.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mehta Hitech Industries Limited India is Deep Adatiya as CFO. Marmik Shah, Tanmay Mehta, Raj Mehta, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200GJ2000PLC038163
- Company No.
038163
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jun 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Mehta Hitech Industries Limited offer?
Mehta Hitech Industries Limited offers a wide range of products and services, including Binding and Pressing Machines, Engraving Machines, Printing Machinery & Equipment, Cutting Plotter, Cutting Machines & Equipment, Metal Cutting Machines, Laser Cutting Machines, Laser Engraving Machines, Large Format Printers, Digital Solvent Printer.
Who are the key members and board of directors at Mehta Hitech Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Deep Adatiya | CFO | 05-Feb-2025 | Current |
Shailesh Mehta  | Managing Director | 06-Jun-2000 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raj Mehta | Director | 15-Jul-2023 | Current |
| Marmik Shah | Director | 06-Jan-2025 | Current |
| Tanmay Mehta | Director | 06-Jan-2025 | Current |
| Sangita Mehta | Director | 06-Jun-2000 | Current |
Financial Performance of Mehta Hitech Industries.
Mehta Hitech Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.41% increase. The company also saw a substantial improvement in profitability, with a 69.35% increase in profit. The company's net worth Soared by an impressive increase of 33.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mehta Hitech Industries?
In 2023, Mehta Hitech Industries 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)
Mehta Expai Technologies Private LimitedRaj Mehta and Shailesh Mehta are mutual person
Klick It Business Solutions Private LimitedMarmik Shah is a mutual person
- Sampati Securities Limited
Tanmay Mehta is a mutual person
- Mehta Mechatronix Private Limited
Raj Mehta, Shailesh Mehta and 1 more are mutual person
- Mehta Softech Private Limited
Raj Mehta and Shailesh Mehta are mutual person
- Spectron Lasers Llp
Shailesh Mehta and Sangita Mehta are mutual person
Charges (Loans)
Open Charges
₹22.35 Cr
Satisfied Charges
₹27.59 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 22.01 Cr
- Hdfc Bank Limited : 0.28 Cr
- Others : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2025 | Hdfc Bank Limited | ₹1.00 M | Open |
| 03 Nov 2023 | Hdfc Bank Limited | ₹0.95 M | Open |
| 03 Nov 2023 | Hdfc Bank Limited | ₹0.85 M | Open |
| 28 Dec 2019 | Others | ₹0.60 M | Open |
| 01 Oct 2009 | Standard Chartered Bank | ₹22.01 Cr | Open |
How Many Employees Work at Mehta Hitech Industries?
Mehta Hitech Industries has a workforce of 925 employees as of Apr 08, 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 Mehta Hitech Industries, 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 Mehta Hitech Industries'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.
Latest Updates, News, and FAQs on Mehta Hitech Industries
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101049516 was registered on 10 Feb 2025.
- Director Appointment
Deep Bharatbhai Adatiya was appointed as a Cfo was appointed as a Cfo on 05 Feb 2025 & has been associated with this company since 27 days .
- Director Appointment
Marmik Girishbhai Shah was appointed as a Director was appointed as a Director on 06 Jan 2025 & has been associated with this company since 1 month 26 days .
- Director Appointment
Tanmay Rajendrakumar Mehta was appointed as a Director was appointed as a Director on 06 Jan 2025 & has been associated with this company since 1 month 26 days .
- Charges
A charge with Standard Chartered Bank of Rs. 22.01 Cr registered on 01 Oct 2009 with Charge ID 10177221 was modified on 02 Jan 2025.
- Charges
A charge registered on 03 Feb 2017 via Charge ID 100075867 with Sidbi was fully satisfied on 30 Dec 2024.
Frequently asked questions
What is the Incorporation or founding date of Mehta Hitech Industries Limited?
Mehta Hitech Industries Limited was incorporated on 06 Jun 2000.
What is authorized share capital and paid-up capital of Mehta Hitech Industries Limited?
The authorized share capital of Mehta Hitech Industries Limited is ₹ 25.00 Cr and paid-up capital is ₹ 16.80 Cr.
Who are the current board members & directors of Mehta Hitech Industries Limited?
Currently 6 directors are associated with Mehta Hitech Industries Limited.
- Marmik Girishbhai Shah
- Tanmay Rajendrakumar Mehta
- Deep Bharatbhai Adatiya
- Raj S Mehta
- Shailesh Narayanchand Mehta
- Sangita Shailesh Mehta
What is the registered address of Mehta Hitech Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mehta Hitech Industries Limited is Plot No. 3 Road 1 Gidc Kathwada, India, Ahmedabad, Gujarat, 382430.
What is the corporate identification number (CIN) and company number of Mehta Hitech Industries Limited?
The corporate identification number (CIN) of Mehta Hitech Industries Limited is U72200GJ2000PLC038163 and the company number is 038163 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mehta Hitech Industries Limited?
The Official website of Mehta Hitech Industries Limited is https://www.mehtaindia.com
What has been the recent revenue trend for Mehta Hitech Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mehta Hitech Industries Limited has risen by 40.41%.
How many employees does Mehta Hitech Industries Limited currently have?
As Per 2023 financial reports, 925 employees are currently employed by Mehta Hitech Industries Limited.
What change has been observed in the net worth of Mehta Hitech Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mehta Hitech Industries Limited has experienced an upsurge of 33.04%.
What are the total open charges for Mehta Hitech Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mehta Hitech Industries Limited amount to ₹ 22.35 Cr.
When was the last Balance Sheet of Mehta Hitech Industries Limited filed with the ROC?
The most recent Balance Sheet for Mehta Hitech Industries Limited was filed with the ROC on 31 Mar 2024.