Global Hi-Tech Industries Limited
About Global Hi-Tech Industries Limited
Data last updated:
Global Hi-Tech Industries Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 21 November 2003.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2003PLC172856. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹21.4 Cr. It is led by directors including Narayan Prasad Tekriwal and Rajkumar Mohanlal Bagla.
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at 33 Atlanta 3rd Floor 205 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per MCA filings, the company has open charges of ₹152.95 Cr and satisfied charges of ₹17 Lakh on record. Court records list 39 cases involving the company, including 2 filed by the company and 37 filed against it; 5 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹45.58 Cr; the latest was in October 2007.
Company details
CIN history
Global Hi-Tech Industries has one previous CIN (Corporate Identification Number): U28112CT2003PLC016227. The current CIN is U28112MH2003PLC172856, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28112MH2003PLC172856 | Current |
| U28112CT2003PLC016227 | Previous |
Contact details
Global Hi-Tech Industries Limited's registered office is in Mumbai, Maharashtra.
- Registered Address33 Atlanta 3rd Floor 205 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
Financials of Global Hi-Tech Industries Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Global Hi-Tech Industries Limited, buy the company report.
Board of directors of Global Hi-Tech Industries Limited
Global Hi-Tech Industries has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Prasad Tekriwal | Director | 29 Mar 2007 | 19 Years 6 Months | As last reported |
| Rajkumar Mohanlal Bagla Also directs: Raj Kumar Bagla Film Private Limited | Director | 01 Jun 2015 | 11 Years 4 Months | As last reported |
| Awadheshwari Sinha Also directs: Dynamix Urja (India) Limited | Director | 22 Nov 2010 | 15 Years 11 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2009 | 10160787 | Jm Financial Asset Reconstruction Company Private Limited | ₹20 Cr | Open | |
| 30 Mar 2009 | 10153379 | State Bank of India | ₹7.25 Cr | Open | |
| 25 Aug 2005 | 80037884 | Invent Assets Securitisation and Reconstruction Private Limited | ₹125.7 Cr | Open | |
| 19 May 2005 | 90206364 | Hdfc Bank House | ₹17 Lakh | Satisfied |
To see the full charge records of Global Hi-Tech Industries Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Global Hi-Tech Industries Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹45.58 Cr; the latest was in October 2007.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2006 | Funding round | ₹2.99 Cr | Investors: Mahindra Finvest Private Limited, Lassez Advisory Private Limited, Chaplet Tracon Pvt Ltd |
| Jan 2005 | Funding round | ₹5.99 Cr | Investors: Jemco Vanijya Pvt Ltd , Aditya Thermo Plastics Pvt Ltd , Saket Traders Private Limited |
To see the full deal history of Global Hi-Tech Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Global Hi-Tech Industries Limited has 39 court cases on record: 2 filed by Global Hi-Tech Industries, 37 filed against it. 5 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 4 |
| High courts | 16 | 14 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMSS) | Filed against the company by Sbi Global Factors Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by Ms. Global Trade Finance Ltd | Pending |
| Bombay High Court | Court case (SJ) | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Sbi Global Factors Ltd. | Disposed |
| Bombay High Court | Court case (CHSCD) | Filed against the company by Global Trade Finance Ltd. | Disposed |
To see the full case history of Global Hi-Tech Industries 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 Global Hi-Tech Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Global Hi-Tech Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Global Hi-Tech Industries Limited, buy the company report.
Recent activity
Global Hi-Tech Industries Limited has 10 board changes on record since 2007: 3 appointments and 7 cessations. The latest: Ashok Kumar Maskara ceased to be Director on 01 Jun 2015.
9 earlier events are in the company report.
Frequently asked questions
Global Hi-Tech Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Global Hi-Tech Industries is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 21 November 2003 and is registered under CIN U28112MH2003PLC172856. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Global Hi-Tech Industries has 3 current directors:
- Narayan Prasad Tekriwal - Director
- Rajkumar Mohanlal Bagla - Director
- Awadheshwari Sinha - Director
The latest financial statements of Global Hi-Tech Industries on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Global Hi-Tech Industries is U28112MH2003PLC172856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Hi-Tech Industries has open charges of ₹152.95 Cr and satisfied charges of ₹17 Lakh as per latest MCA filings.
Global Hi-Tech Industries has 39 court cases on record: 2 filed by the company and 37 filed against it. 5 are pending. Most are in the district courts.
Global Hi-Tech Industries was incorporated on 21 November 2003. It is registered with the Registrar of Companies, Mumbai.
Global Hi-Tech Industries has 3 deals on record (3 funding rounds), with disclosed funding of ₹45.58 Cr; the latest was in October 2007.
Ashok Kumar Maskara ceased to be Director on 01 Jun 2015. Rajkumar Mohanlal Bagla was appointed as Director on 01 Jun 2015. Ganpat Lal Salecha ceased to be Director on 12 Jul 2012. Global Hi-Tech Industries has 10 board changes on record in total.