Heatcal Technology Pvt Ltd
About Heatcal Technology Pvt Ltd
Data last updated:
Heatcal Technology Pvt Ltd was a private limited company based in Vadodara, Gujarat, 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 retail trade segment of the trading and commerce sector. It was incorporated on 28 December 1988.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1988PTC011689. Its GSTIN is 24AAACH5773L1ZC (Gujarat).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.49 Lakh. It was led by directors including Bakulesh Manubhai Nagarsheth and Subhash Manubhai Nagarsheth.
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 Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.03 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Lakh (net margin 80.9%) and EBITDA of ₹2.45 Lakh (EBITDA margin 80.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 56% over five years.
As per MCA filings, the company had satisfied charges of ₹4 Lakh on record.
Company details
CIN history
Heatcal Technology has one previous CIN (Corporate Identification Number): U40109GJ1988PTC011689. The current CIN is U45201GJ1988PTC011689, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ1988PTC011689 | Current |
| U40109GJ1988PTC011689 | Previous |
Contact details
Heatcal Technology Pvt Ltd's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShed No. C – 1 – 392 GIDC, Makarpura Road, Vadodara, Gujarat, India – 390010
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Heatcal Technology 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 Heatcal Technology is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Heatcal Technology Pvt Ltd
FY 2024 filings availableHeatcal Technology Pvt Ltd reported revenue of ₹3.03 Lakh (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 28% growth in the latest year. EBITDA rose 141% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.45 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.9% | ||||
| Net Profit Margin | 80.9% | ||||
| 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 Heatcal Technology Pvt Ltd, buy the company report.
Board of directors of Heatcal Technology Pvt Ltd
Heatcal Technology has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bakulesh Manubhai Nagarsheth | Director | 28 Dec 1988 | 37 Years 9 Months | As last reported |
| Subhash Manubhai Nagarsheth Also directs: Altop Industries Ltd | Director | 28 Dec 1988 | 37 Years 9 Months | As last reported |
| Vilas Sunil Nagarsheth Also directs: Altop Controls Private Limited | Additional Director | 01 Mar 2025 | 1 Years 7 Months | As last reported |
Peer comparison
Heatcal Technology Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flare International Enterprises Private Limited | ₹3.03 Lakh (FY 2022) | 222.0% | Pathanamthitta, Kerala, India | |||
| Agate Iron & Steel Private Limited | ₹3.03 Lakh (FY 2017) | 44.0% | Ghaziabad, Uttar Pradesh, India | |||
| Infinite Wellness Solutions Private Limited | ₹3.03 Lakh (FY 2024) | Nagpur, Maharashtra, India | ||||
| Primerose Dimension (OPC) Private Limited | ₹3.03 Lakh (FY 2025) | 358.0% | Muzzaffarpur, Bihar, India | |||
| Wellness Family Private Limited | ₹3.03 Lakh (FY 2024) | -69.0% | Bengaluru, Karnataka, India | |||
| Heatcal Technology Pvt Ltdthis company | ₹3.03 Lakh (FY 2024) | ₹2.45 Lakh | 80.9% | 28.0% | Vadodara, Gujarat, India | |
| Creat Smile Impex Private Limited | ₹3.03 Lakh (FY 2017) | -21.0% | Mumbai, Maharashtra, India | |||
| Uptree Industries Private Limited | ₹3.03 Lakh (FY 2025) | 141.0% | Mainpuri, Uttar Pradesh, India | |||
| Akshita Creations Private Limited | ₹3.03 Lakh (FY 2023) | 36.0% | Mgm Town, Jamshedpur, Jharkhand, India | |||
| Dev Townships Private Limited | ₹3.03 Lakh (FY 2017) | -78.0% | Ludhiana, Punjab, India | |||
| Sine Star Technologies Private Limited | ₹3.03 Lakh (FY 2025) | 7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Heatcal Technology Pvt Ltd, buy the company report.
Shareholding
The shareholding of Heatcal Technology Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Heatcal Technology Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 1997 | 90109543 | Bank of Baroda | ₹4 Lakh | Satisfied |
To see the full charge records of Heatcal Technology Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Heatcal Technology Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heatcal Technology Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heatcal Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH5773L1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Heatcal Technology Pvt Ltd, buy the company report.
Recent activity
Heatcal Technology Pvt Ltd has 6 board changes on record since 1988: 3 appointments and 3 cessations. The latest: Bakulesh Manubhai Nagarsheth ceased to be Director on 01 Mar 2025.
Frequently asked questions
Heatcal Technology 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.
Heatcal Technology was a private limited company based in Vadodara, Gujarat, India. The company worked in retailers, within the trading industry. It was incorporated on 28 December 1988 and is registered under CIN U45201GJ1988PTC011689. The company has been struck off by the Registrar of Companies and is no longer operational.
Heatcal Technology had 3 directors:
- Bakulesh Manubhai Nagarsheth - Director
- Subhash Manubhai Nagarsheth - Director
- Vilas Sunil Nagarsheth - Additional Director
The CIN (Corporate Identification Number) of Heatcal Technology is U45201GJ1988PTC011689. 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 Heatcal Technology is at Shed No. C – 1 – 392 GIDC, Makarpura Road, Vadodara, Gujarat, India – 390010.
Heatcal Technology was incorporated on 28 December 1988. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Heatcal Technology 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 Heatcal Technology is 24AAACH5773L1ZC, registered in Gujarat.
Heatcal Technology operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Heatcal Technology by revenue are Flare International Enterprises Private Limited, Agate Iron & Steel Private Limited, Infinite Wellness Solutions Private Limited, Primerose Dimension (OPC) Private Limited, Wellness Family Private Limited and 5 more, all in the same principal business activity (retail trading).
Bakulesh Manubhai Nagarsheth ceased to be Director on 01 Mar 2025. Vilas Sunil Nagarsheth was appointed as Additional Director on 01 Mar 2025. Baboobhai Manubhai Nagarsheth ceased to be Director on 24 Mar 2021. Heatcal Technology has 6 board changes on record in total.