About High Tec Lifts Private Limited
Data last updated:
High Tec Lifts Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 September 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U29253TN2009PTC073026. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Kavitha Karuppaiya and Padma Jayaram.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No . 6 Chakarapani Road Maduvinkarai Guindy Chennai 600032, Tamil Nadu, India – 600032.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.92 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.75 Lakh (net margin 2.5%) and EBITDA of ₹9.21 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The company had about 2 employees on its provident fund (EPFO) records before it was struck off.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The last known website on record is highteclift.com.
Company details
Contact details
High Tec Lifts Private Limited's registered office is in Chennai, Tamil Nadu. Its website is highteclift.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo . 6 Chakarapani Road Maduvinkarai Guindy Chennai 600032, Tamil Nadu, India – 600032
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of High Tec Lifts Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of High Tec Lifts is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of High Tec Lifts Private Limited, buy the company report.
Financials of High Tec Lifts Private Limited
FY 2017 filings availableHigh Tec Lifts Private Limited reported revenue of ₹1.92 Cr (up 25% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 25% growth in the latest year. EBITDA fell 39% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.92 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.21 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.75 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.8% | ||
| Net Profit Margin | 2.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of High Tec Lifts Private Limited, buy the company report.
Board of directors of High Tec Lifts Private Limited
High Tec Lifts has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavitha Karuppaiya | Additional Director | 22 Dec 2017 | 8 Years 10 Months | As last reported |
| Padma Jayaram | Additional Director | 22 Dec 2017 | 8 Years 10 Months | As last reported |
Shareholding
The shareholding of High Tec Lifts Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of High Tec Lifts Private Limited, buy the company report.
Legal cases
High Tec Lifts Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Court case (CRR) | Filed against the company by M/S Roop Polymers Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Roop Polymers Ltd. | Disposed |
To see the full case history of High Tec Lifts Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for High Tec Lifts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
High Tec Lifts Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
High Tec Lifts has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of High Tec Lifts Private Limited, buy the company report.
Recent activity
High Tec Lifts Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Jayanthi Harikrishnan ceased to be Whole-Time Director on 23 Dec 2017.
Frequently asked questions
High Tec Lifts has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
High Tec Lifts was a private limited company based in Chennai, Tamil Nadu, India. The company worked in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 29 September 2009 and is registered under CIN U29253TN2009PTC073026. The company has been struck off by the Registrar of Companies and is no longer operational.
High Tec Lifts had 2 directors:
- Kavitha Karuppaiya - Additional Director
- Padma Jayaram - Additional Director
The CIN (Corporate Identification Number) of High Tec Lifts is U29253TN2009PTC073026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of High Tec Lifts is at No . 6 Chakarapani Road Maduvinkarai Guindy Chennai 600032, Tamil Nadu, India – 600032.
High Tec Lifts was incorporated on 29 September 2009. It is registered with the Registrar of Companies, Chennai.
High Tec Lifts can be reached through the website highteclift.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of High Tec Lifts on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. High Tec Lifts has 1 GST registration on record and it is cancelled or inactive.
High Tec Lifts operated in the machinery and equipment industry, in the material handling and storage equipment segment. It worked in this industry before it was struck off.
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