Hi-Speed Appliances Pvt Ltd
About Hi-Speed Appliances Pvt Ltd
Data last updated:
Hi-Speed Appliances Pvt Ltd was a private limited company based in Pune, Maharashtra, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 16 July 1980.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29309MH1980PTC022847. Its GSTIN is 27AAACH4500R1ZF (Maharashtra).
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Rajiv Lalit Sangtani (Managing Director) and Lyla Rajiv Sangtani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 5th Floor Aturchambers2A Moledina Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.84 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹9.59 Lakh (net margin -97.5%) and EBITDA of -₹9.59 Lakh (EBITDA margin -97.5%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 42% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Hi-Speed Appliances Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5th Floor Aturchambers2A Moledina Road, Pune, Maharashtra, India – 411001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Hi-Speed Appliances Pvt Ltd, 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 Hi-Speed Appliances is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Hi-Speed Appliances Pvt Ltd, buy the company report.
Financials of Hi-Speed Appliances Pvt Ltd
FY 2024 filings availableHi-Speed Appliances Pvt Ltd reported revenue of ₹9.84 Lakh (down 95% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 95% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.59 Lakh | ||||
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| Net Profit (PAT) | -₹9.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -97.5% | ||||
| Net Profit Margin | -97.5% | ||||
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To see the full financial statements and ratios of Hi-Speed Appliances Pvt Ltd, buy the company report.
Board of directors of Hi-Speed Appliances Pvt Ltd
Hi-Speed Appliances has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lyla Rajiv Sangtani Also directs: I R Tubes Pvt Ltd | Director | 12 May 2007 | 19 Years 5 Months | As last reported |
| Lalit Atur Sangtani Also directs: Atur India Private Limited, Indumati Properties Pvt Ltd, Baron Resorts Private Limited and 1 more | Director | 25 Mar 2003 | 23 Years 6 Months | As last reported |
| Rajiv Lalit Sangtani | Managing Director | 15 Sep 2005 | 21 Years 1 Months | As last reported |
Auditor
Hi-Speed Appliances Pvt Ltd is audited by PANKAJ POKARNA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ POKARNA & ASSOCIATES | FY 2019 | 117931W |
Shareholding
The shareholding of Hi-Speed Appliances Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hi-Speed Appliances Pvt Ltd, buy the company report.
Legal cases
Hi-Speed Appliances Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed against the company by Bajaj Electricals Ltd | Disposed |
To see the full case history of Hi-Speed Appliances Pvt Ltd, 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 Hi-Speed Appliances Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Speed Appliances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH4500R1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Speed Appliances Pvt Ltd, buy the company report.
Recent activity
Hi-Speed Appliances Pvt Ltd has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Rajiv Lalit Sangtani ceased to be Director on 25 Nov 2017.
Frequently asked questions
Hi-Speed Appliances 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.
Hi-Speed Appliances was a private limited company based in Pune, Maharashtra, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 16 July 1980 and is registered under CIN U29309MH1980PTC022847. The company has been struck off by the Registrar of Companies and is no longer operational.
Hi-Speed Appliances had 3 directors:
- Rajiv Lalit Sangtani - Managing Director
- Lyla Rajiv Sangtani - Director
- Lalit Atur Sangtani - Director
The CIN (Corporate Identification Number) of Hi-Speed Appliances is U29309MH1980PTC022847. 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 Hi-Speed Appliances is at 5th Floor Aturchambers2A Moledina Road, Pune, Maharashtra, India – 411001.
Hi-Speed Appliances was incorporated on 16 July 1980. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Hi-Speed Appliances on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Speed Appliances is 27AAACH4500R1ZF, registered in Maharashtra.
Hi-Speed Appliances operated in the infrastructure and utilities industry, in the general construction services segment. It worked in this industry before it was struck off.
Hi-Speed Appliances has 1 court case on record: 1 filed against it.