- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0023225

About Hita Technology Private Limited
Data last updated:
Hita Technology Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U32109WB2003PTC096070. Its GSTIN is 19AABCH3254M1ZC (West Bengal). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Arun Das Ghosh and Leena Das Ghosh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Millenium City 8E Tower II Salt Lake Information Technology Park, Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.57 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹39.16 Lakh (net margin -15.3%) and EBITDA of -₹36.23 Lakh (EBITDA margin -14.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 81% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HiTA Technology. As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 4 cases are pending.
Hita Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0023225). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitaups.com.
Company details
Recognitions & Rankings of Hita Technology
Contact details
Hita Technology Private Limited's registered office is in Kolkata, West Bengal. Its website is hitaups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMillenium City 8E Tower II Salt Lake Information Technology Park Dn – 62 Secto, R V, Kolkata, West Bengal, India – 700091
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Hita Technology Private Limited, 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
Brands
Hita Technology operates one associated brand: HiTA Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power protection solutions, including UPS and surge protectors, are delivered by HiTA Technology for industrial and commercial applications in India. | hitaups.com |
Business activity
The main business activity of Hita 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 |
To see the full business activity and turnover split of Hita Technology Private Limited, buy the company report.
Financials of Hita Technology Private Limited
FY 2023 filings availableHita Technology Private Limited reported revenue of ₹2.57 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% over five years, including 42% growth in the latest year. EBITDA fell 5% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.57 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹36.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.16 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.1% | ||||
| Net Profit Margin | -15.3% | ||||
| 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 Hita Technology Private Limited, buy the company report.
Board of directors of Hita Technology Private Limited
Hita Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Das Ghosh Also directs: Krishi Bikash Shilpa Kendra Limited | Director | 21 Apr 2003 | 23 Years 6 Months | Current |
| Leena Das Ghosh | Director | 01 Jul 2003 | 23 Years 3 Months | Current |
Auditor
Hita Technology Private Limited is audited by B.BISWAS & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.BISWAS & CO | FY 2023 | 061426 |
Shareholding
The shareholding of Hita Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hita Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2005 | 90254724 | Uco Bank | ₹4.5 Cr | Open |
To see the full charge records of Hita Technology Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hita Technology Private Limited has 14 court cases on record: 5 filed by Hita Technology, 9 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 3 |
| High courts | 5 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against Auro Electropower Pvt.Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Cyber Power Systems I Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Cyber Power Systems I Pvt Ltd | Pending |
| Calcutta High Court | Court case (CO) | Filed against the company | Pending |
To see the full case history of Hita Technology Private 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 Hita Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hita Technology Private Limited has a workforce of 15 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Hita Technology has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCH3254M1ZC | West Bengal | Active | 01 Jul 2017 |
| 27AABCH3254M1ZF | Maharashtra | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of Hita Technology Private Limited, buy the company report.
Recent activity
Hita Technology Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Leena Das Ghosh was appointed as Director on 01 Jul 2003.
Frequently asked questions
Hita Technology is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 April 2003 (23+ years old) and is registered under CIN U32109WB2003PTC096070.
Hita Technology has 2 current directors:
- Arun Das Ghosh - Director
- Leena Das Ghosh - Director
The latest financial statements of Hita Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Hita Technology is 19AABCH3254M1ZC, registered in West Bengal. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCH3254M1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Hita Technology is U32109WB2003PTC096070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hita Technology has 14 court cases on record: 5 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Hita Technology was incorporated on 21 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Leena Das Ghosh was appointed as Director on 01 Jul 2003. Arun Das Ghosh was appointed as Director on 21 Apr 2003.
Yes, Hita Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0023225).
Hita Technology can be reached through the website hitaups.com. Its registered office is in Kolkata, West Bengal, India.