Team Hiitec Eqpt Private Limited

Designs and fabricates engineering equipment for various industries, including water purification and distribution.

1975 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Team Hiitec Eqpt Profile

Key Indicators

  • Authorised Capital ₹ 7.25 Cr
  • Paid Up Capital ₹ 8.30 M
  • Company Age 49 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 135.00 Cr
  • Satisfied Charges ₹ 232.33 Cr
  • Revenue Growth 21.26%
  • Profit Growth -29.50%
  • Ebitda -69.41%
  • Net Worth 3.06%
  • Total Assets -6.04%

About Team Hiitec Eqpt

Team Hiitec Eqpt Private Limited (THEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 October 1975 and has a history of 49 years and six months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Titanium Equipment & Anode Manufacturing Company Limited. The Company is engaged in the Environment 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 7.25 Cr and a paid-up capital of Rs 8.30 M.

The company currently has active open charges totaling ₹135.00 Cr. The company has closed loans amounting to ₹232.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Seshgiri, Cittur Ramesh, Ramachandran Nagarathnam, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U41000TN1975PTC007017

  • Company No.

    007017

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1975

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Environment
Machinery and Equipment
Engineering
Company report

Team Hiitec Eqpt Private Limited

Explore comprehensive data for Team Hiitec Eqpt Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Team Hiitec Eqpt?

Board Members (4)

NameDesignationAppointment DateStatus
Nitin Seshgiri Country flag representing In Director 16-Jun-2021Current
Cittur Ramesh Country flag representing In Director 30-May-2013Current
Ramachandran Nagarathnam Country flag representing In Director 25-Jun-2018Current
Suresh Rao Country flag representing In Director 01-Apr-2007Current

Financial Performance of Team Hiitec Eqpt.

Titanium Equipment & Anode Manufacturing Company Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.26% increase. The company also saw a substantial fall in profitability, with a 29.5% decrease in profit. The company's net worth moved up by a moderate rise of 3.06%.

Team Hiitec Eqpt revenue growth over time
Team Hiitec Eqpt 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
21.26%
Revenue from Operations
16.40%
Total Assets
-6.04%
Profit or Loss
-29.50%
Net Worth
3.06%
EBITDA
-69.41%

What is the Ownership and Shareholding Structure of Team Hiitec Eqpt?

In 2022, Team Hiitec Eqpt 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

₹135.00 Cr

Satisfied Charges

₹232.33 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 80.00 Cr
  • Indian Bank : 30.00 Cr
  • Others : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Apr 2023Hdfc Bank Limited₹40.00 CrOpen
18 Mar 2022Hdfc Bank Limited₹40.00 CrOpen
28 May 2020Indian Bank₹30.00 CrOpen
28 Nov 2018Others₹25.00 CrOpen
27 Aug 2019Axis Bank Limited₹6.35 CrSatisfied

How Many Employees Work at Team Hiitec Eqpt?

Team Hiitec Eqpt has a workforce of 219 employees as of Mar 30, 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.

Employee growth trends for Team Hiitec Eqpt Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Team Hiitec Eqpt, 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 Team Hiitec Eqpt'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 Team Hiitec Eqpt

Recent activity within the organization

  • Annual General Meeting

    Team Hiitec Eqpt Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Team Hiitec Eqpt Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 11 Jan 2019 via Charge ID 100243182 with Others was fully satisfied on 12 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100720762 was registered on 18 Apr 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 Cr registered on 18 Mar 2022 with Charge ID 100551296 was modified on 17 Apr 2023.

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 28 Nov 2018 with Charge ID 100224371 was modified on 25 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Team Hiitec Eqpt Private Limited?

    Team Hiitec Eqpt Private Limited was incorporated on 25 Oct 1975.

  • What is authorized share capital and paid-up capital of Team Hiitec Eqpt Private Limited?

    The authorized share capital of Team Hiitec Eqpt Private Limited is ₹ 7.25 Cr and paid-up capital is ₹ 8.30 M.

  • Who are the current board members & directors of Team Hiitec Eqpt Private Limited?

    Currently 4 directors are associated with Team Hiitec Eqpt Private Limited.

    • Nitin Cowlagi Seshgiri
    • Cittur Sundar Rao Ramesh
    • Ramachandran Nagarathnam
    • Suresh Krishnamurthi Rao

  • What is the registered address of Team Hiitec Eqpt Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Team Hiitec Eqpt Private Limited is Team House Gst Road Vandalur, India, Madras, Tamil Nadu, 600048.

  • What is the corporate identification number (CIN) and company number of Team Hiitec Eqpt Private Limited?

    The corporate identification number (CIN) of Team Hiitec Eqpt Private Limited is U41000TN1975PTC007017 and the company number is 007017 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Team Hiitec Eqpt Private Limited?

    The Official website of Team Hiitec Eqpt Private Limited is https://www.team.co.in

  • What has been the recent revenue trend for Team Hiitec Eqpt Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Team Hiitec Eqpt Private Limited has risen by 21.26%.

  • How many employees does Team Hiitec Eqpt Private Limited currently have?

    As Per 2022 financial reports, 219 employees are currently employed by Team Hiitec Eqpt Private Limited.

  • What change has been observed in the net worth of Team Hiitec Eqpt Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Team Hiitec Eqpt Private Limited has experienced an upsurge of 3.06%.

  • What are the total open charges for Team Hiitec Eqpt Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Team Hiitec Eqpt Private Limited amount to ₹ 135.00 Cr.

  • When was the last Balance Sheet of Team Hiitec Eqpt Private Limited filed with the ROC?

    The most recent Balance Sheet for Team Hiitec Eqpt Private Limited was filed with the ROC on 31 Mar 2024.

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