About GM Hitech Solution Private Limited
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GM Hitech Solution Private Limited is a private limited company based in Firozabad, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 28 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2020PTC128870. Its GSTIN is 09AAICG3110C1Z5 (Uttar Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Govind Kumar Mittal and Piyush Mittal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 85 Krasna Bihar Colony Kakrau Chauraha Jalesar Road, Firozabad, Uttar Pradesh, India – 283203.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.24 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹48,377 (net margin -1.8%) and EBITDA of ₹4,574 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
For more details, the company can be reached via its website gmhitech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address85 Krasna Bihar Colony Kakrau Chauraha Jalesar Road, Firozabad, Uttar Pradesh, India – 283203
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of GM Hitech Solution Private Limited
The main business activity of GM Hitech Solution is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of GM Hitech Solution Private Limited FY 2025 filings available
GM Hitech Solution Private Limited reported revenue of ₹26.24 Lakh (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of GM Hitech Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 51% fall in the latest year. EBITDA fell 97% 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 of GM Hitech Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹4,574 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹48,377 | •••• | •••• | •••• |
| 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 of GM Hitech Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• |
| Net Profit Margin | -1.8% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of GM Hitech Solution are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of GM Hitech Solution Private Limited
GM Hitech Solution Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ssara Retail Private Limited | ₹26.42 Lakh (FY 2022) | •••• | •••• | 106.0% | •••• | Mumbai, Maharashtra, India |
| Cellguru Network Private Limited | ₹26.35 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | Ambala Cantt, Haryana, India |
| Rohana Advertising Media Private Limited | ₹26.34 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Brahmaasha Technology India Private Limited | ₹26.32 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | Jaipur, Rajasthan, India |
| GSS Engineering Private Limited | ₹26.3 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Kolkata, West Bengal, India |
| GM Hitech Solution Private Limited this company | ₹26.24 Lakh (FY 2024) | •••• | •••• | -51.0% | •••• | Firozabad, Uttar Pradesh, India |
| Kanmur Electronics Private Limited | ₹26.24 Lakh (FY 2025) | •••• | •••• | 863.0% | •••• | Chennai, Tamil Nadu, India |
| Abhishek Digitech Private Limited | ₹26.19 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Patternlab Agents Private Limited | ₹26.15 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Metasine Technologies Private Limited | ₹26.1 Lakh (FY 2024) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Posh Electronics Private Limited | ₹26.02 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below GM Hitech Solution by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of GM Hitech Solution Private Limited
GM Hitech Solution Private Limited is audited by Shashi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shashi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of GM Hitech Solution Private Limited
GM Hitech Solution has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govind Kumar Mittal | Director | 28 May 2020 | 6 Years 4 Months | Current |
| Piyush Mittal | Director | 28 May 2020 | 6 Years 4 Months | Current |
Ownership and Shareholding of GM Hitech Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of GM Hitech Solution Private Limited
GM Hitech Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at GM Hitech Solution Private Limited
GM Hitech Solution Private Limited has a workforce of 0 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on GM Hitech Solution Private Limited
GM Hitech Solution Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Govind Kumar Mittal was appointed as Director on 28 May 2020.
Credit Ratings, Litigation & Regulatory Alerts for GM Hitech Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by GM Hitech Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of GM Hitech Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of GM Hitech Solution Private Limited
GM Hitech Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICG3110C1Z5 | Uttar Pradesh | Active | 29 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of GM Hitech Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about GM Hitech Solution Private Limited
GM Hitech Solution is an active private limited company based in Firozabad, Uttar Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 28 May 2020 (6+ years old) and is registered under CIN U74999UP2020PTC128870.
GM Hitech Solution reported revenue of ₹26.24 Lakh for FY 2024 (down 51% YoY).
GM Hitech Solution has 2 current directors:
- Govind Kumar Mittal - Director
- Piyush Mittal - Director
GM Hitech Solution reported a net loss of ₹48,377 (net margin -1.8%) and EBITDA of ₹4,574 (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of GM Hitech Solution is -23% over three years. In the latest year (FY 2024) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of GM Hitech Solution is 09AAICG3110C1Z5, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of GM Hitech Solution is U74999UP2020PTC128870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Hitech Solution was incorporated on 28 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of GM Hitech Solution by revenue are Ssara Retail Private Limited, Cellguru Network Private Limited, Rohana Advertising Media Private Limited, Brahmaasha Technology India Private Limited, GSS Engineering Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Govind Kumar Mittal was appointed as Director on 28 May 2020. Piyush Mittal was appointed as Director on 28 May 2020.
Yes, GM Hitech Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).