About Hi-Tech Formulations Private Limited
Data last updated: 06 January 2026
Hi-Tech Formulations Private Limited is a private limited company based in Chandigarh, Chandigarh, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 17 September 2002, the company has been in operation for over 24 years.
Registered with ROC Chandigarh under CIN U24232CH2002PTC025430.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Jaspreet Singh Gulati and Dharmender Singh Gulati.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. 348 Industrial Area Phase 1, Chandigarh, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.6 Cr, a decline of 16% compared to the previous year.
The company has a workforce of approximately 66 employees as per the latest available data.
The company is associated with 1 brand - Hitech Formulations. As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹22.56 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechformulations.com.
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Registered AddressPlot No. 348 Industrial Area Phase 1, Chandigarh, Chandigarh, India – 160002
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Hi-Tech Formulations Private Limited
Hi-Tech Formulations Private Limited operates one associated brand: Hitech Formulations. These brands represent Hi-Tech Formulations Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Skin care products are distributed via an internet-first brand. | hitechformulations.com |
Competitors & Alternatives of Hi-Tech Formulations Private Limited
Brands and companies operating in the same space as Hi-Tech Formulations Private Limited include Influx Healthtech, Ador Multiproducts, Vedic Cosmeceuticals and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Influx Healthtech
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Contract based manufacturer of healthcare products | Mumbai, India, India | 2003 |
Ador Multiproducts
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Personal care products are manufactured and supplied by Ador Multiproducts. | Mumbai, India, India | 1948 |
Vedic Cosmeceuticals
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Personal care products are manufactured under contract by the company. | Noida, India, India | 2002 |
Stella Indusstries
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Produces high-quality personal care products, including aerosols and cosmetics. | Gurugram, India, India | 1983 |
Primacy Industries
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Scented candles, air, personal care, and hygiene products are contract-manufactured. | Mangaluru, India, India | 2005 |
Bioingredia
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Crafts premium plant-based extracts for food, beverage, and nutraceutical applications. | Ernakulam, India, India | 2014 |
Ivia Beaute
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Specializes in contract manufacturing of high-quality personal care products. | Sonipat, India, India | 2018 |
Intigree Biomed
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Produces high-quality personal care products focused on skin, hair, and cosmetics. | Mumbai, India, India | 2014 |
Business Activity of Hi-Tech Formulations Private Limited
Hi-Tech Formulations Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Hi-Tech Formulations Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Hi-Tech Formulations Private Limited
Hi-Tech Formulations Private Limited is audited by Gambhir Khurana & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gambhir Khurana & Associates | Locked | Locked | Locked |
Complete auditor history for Hi-Tech Formulations Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Hi-Tech Formulations Private Limited
Hi-Tech Formulations Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaspreet Singh Gulati | Director | 21 Dec 2014 | 11 Years 6 Months | Current |
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Dharmender Singh Gulati
Also directs:
Quencil Research Private Limited, Re'equil India Private Limited, Lyra Laboratories Private Limited and 2 more
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Director | 17 Sep 2002 | 23 Years 9 Months | Current |
Financials of Hi-Tech Formulations Private Limited FY 2025 filings available
Hi-Tech Formulations Private Limited reported revenue of ₹105.6 Cr (down 16.00% YoY) for FY 2025.
Ten-year financial statements for Hi-Tech Formulations Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Hi-Tech Formulations Private Limited
Shareholding and ownership data for Hi-Tech Formulations Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Hi-Tech Formulations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2025 | Bank of India | ₹24 Cr | Open |
| 26 Jun 2024 | Hdfc Bank Limited | ₹30.98 Lakh | Satisfied |
| 21 Nov 2022 | Hdfc Bank Limited | ₹80 Lakh | Satisfied |
| 25 Oct 2018 | Hdfc Bank Limited | ₹13 Cr | Satisfied |
| 07 Oct 2015 | Others | ₹7.7 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Hi-Tech Formulations Private Limited
Hi-Tech Formulations Private Limited has a workforce of 66 employees as of Mar 23, 2024.
Employee and EPFO history for Hi-Tech Formulations Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Hi-Tech Formulations Private Limited
GST registrations and filing compliance for Hi-Tech Formulations Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Hi-Tech Formulations Private Limited
Credit ratings, litigation, and regulatory alerts for Hi-Tech Formulations Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Hi-Tech Formulations Private Limited
MSME payment history for Hi-Tech Formulations Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Hi-Tech Formulations Private Limited
Corporate group structure for Hi-Tech Formulations Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Hi-Tech Formulations Private Limited
MCA filings and documents for Hi-Tech Formulations Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Hi-Tech Formulations Private Limited
Frequently Asked Questions about Hi-Tech Formulations Private Limited
Hi-Tech Formulations Private Limited is an active private limited company in the pharma sector based in Chandigarh, Chandigarh, India. It was incorporated on 17 September 2002 (24+ years old) and is registered under CIN U24232CH2002PTC025430. The company has 66 employees.
Hi-Tech Formulations Private Limited reported revenue of ₹105.6 Cr for FY 2025 (down 16.00% YoY).
The current directors of Hi-Tech Formulations Private Limited are:
- Jaspreet Singh Gulati - Director
- Dharmender Singh Gulati - Director
The primary industry of Hi-Tech Formulations Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Hi-Tech Formulations Private Limited can be reached at the registered office: Plot No. 348 Industrial Area Phase 1, Chandigarh, Chandigarh, India – 160002, or through the website hitechformulations.com.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.07 Cr.