Reliable Hitech Pvt Ltd

Manufactures iron and steel, established in 2006, based in Orissa.

2006 | Sundergarh, Odisha (India) | Active
Last Updated: November 16, 2024

Reliable Hitech Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.05 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.00 Cr
  • Satisfied Charges ₹ 217.65 Cr
  • Revenue Growth -7.62%
  • Profit Growth -18.58%
  • Ebitda -18.55%
  • Net Worth 37.94%
  • Total Assets 23.51%

About Reliable Hitech

Reliable Hitech Pvt Ltd (RHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 2006 and has a history of 18 years and ten months. Its registered office is in Sundergarh, Odisha, India.

The Company is engaged in the Metals And Minerals 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 2.25 Cr and a paid-up capital of Rs 2.05 Cr.

The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹217.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vineet Dua, Vikas Dua, Aman Dua, and Two other members serve as directors at the Company.

Company Details

  • Location

    Sundergarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U55101OR2006PTC041547

  • Company No.

    108497

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

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

Board Members (5)

Name Designation Appointment Date Status
Vineet Dua Country flag representing In Director 01-Apr-2006 Current
Vikas Dua Country flag representing In Director 09-Mar-2020 Current
Aman Dua Country flag representing In Director 09-Mar-2020 Current
Akash Dua Country flag representing In Director 09-Mar-2020 Current
Sadashiva Pradhan Country flag representing In Director 04-Sep-2020 Current

Financial Performance of Reliable Hitech.

Reliable Hitech Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.62% decrease. The company also saw a substantial fall in profitability, with a 18.58% decrease in profit. The company's net worth Soared by an impressive increase of 37.94%.

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
-7.62%
Revenue from Operations
-7.90%
Total Assets
23.51%
Profit or Loss
-18.58%
Net Worth
37.94%
EBITDA
-18.55%

What is the Ownership and Shareholding Structure of Reliable Hitech?

In 2023, Reliable Hitech 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

₹18.00 Cr

Satisfied Charges

₹217.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 18.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2021 State Bank Of India ₹18.00 Cr Open
30 Sep 2013 State Bank Of India ₹64.00 Cr Satisfied
11 May 2012 Uco Bank ₹82.64 Cr Satisfied
23 Mar 2012 Axis Bank Limited ₹5.00 Cr Satisfied
20 Aug 2010 Allahabad Bank ₹9.50 M Satisfied

How Many Employees Work at Reliable Hitech?

Reliable Hitech has a workforce of 71 employees as of Apr 06, 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 Reliable Hitech, 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 Reliable Hitech'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 Reliable Hitech

Recent activity within the organization

  • Annual General Meeting

    Reliable Hitech Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Reliable Hitech Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 18.00 Cr with Charge ID 100444439 was registered on 24 Mar 2021.

    24 Mar 2021

  • Charges

    A charge registered on 23 Mar 2012 via Charge ID 10348967 with Axis Bank Limited was fully satisfied on 09 Mar 2021.

    09 Mar 2021

  • Charges

    A charge registered on 30 Sep 2013 via Charge ID 10456318 with State Bank Of India was fully satisfied on 08 Mar 2021.

    08 Mar 2021

  • Charges

    A charge registered on 20 Sep 2008 via Charge ID 10232314 with Industrial Devlopment Bank Of India Limited was fully satisfied on 18 Dec 2020.

    18 Dec 2020

Frequently asked questions

  • Reliable Hitech Pvt Ltd was incorporated on 07 Mar 2006.

  • The authorized share capital of Reliable Hitech Pvt Ltd is ₹ 2.25 Cr and paid-up capital is ₹ 2.05 Cr.

  • Currently 5 directors are associated with Reliable Hitech Pvt Ltd.

    • Vineet Dua
    • Vikas Dua
    • Aman Dua
    • Akash Dua
    • Sadashiva Pradhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliable Hitech Pvt Ltd is Plot No. 11/352 2Nd Floor Dua Complex Panposh Road Civil Township, India, Rourkela, Orissa, 769012.

  • The corporate identification number (CIN) of Reliable Hitech Pvt Ltd is U55101OR2006PTC041547 and the company number is 108497 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Reliable Hitech Pvt Ltd has fallen by -7.62%.

  • As Per 2023 financial reports, 71 employees are currently employed by Reliable Hitech Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Reliable Hitech Pvt Ltd has experienced an upsurge of 37.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Reliable Hitech Pvt Ltd amount to ₹ 18.00 Cr.

  • The most recent Balance Sheet for Reliable Hitech Pvt Ltd was filed with the ROC on 31 Mar 2024.

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