Hi-Tech Abrasives Limited. Company Logo

Hi-Tech Abrasives Limited. - Company Profile

It is a metals and minerals public limited company based in Raipur, Chattisgarh, India, established in 1991.

1991 | Raipur, Chattisgarh, India | Active
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About Hi-Tech Abrasives Limited.

Hi-Tech Abrasives Limited., a active public limited company, was established on 10 May 1991 in Raipur, Chattisgarh, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U05005CT1991PLC006432. Registered under ROC Roc Chhattisgarh. it is unlisted. It has an authorized capital of ₹13.50 Cr and a paid-up capital of ₹11.55 Cr.

Formerly known as Hi-Tech Abrasives Private Limited, Hi-Tech Abrasive Limited. It upholds a active non-compliant status. Its leadership includes Sejal Rathod (Additional Director), Shakuntala Devi Tekriwal (Director), Raghvendra Charan Sinha (Additional Director). Past directors included Sejal Rathod, Shashikant Agrawal, Vinod Bajoria. It holds ₹203.07 Cr open charges and ₹167.40 Cr settled loans. Its latest AGM occurred on 30 September 2019, with the balance sheet filed on 31 March 2019. It is based at Mig-21 Indrawati Colony,, Raipur, Chattisgarh, 492001.

Company Details

  • CIN/LLPIN

    U05005CT1991PLC006432

  • Registration Number

    006432

  • Incorporation Date

    10 May 1991

  • Authorized Capital

    ₹13.50 Cr

  • Paid-Up Capital

    ₹11.55 Cr

  • ROC Code

    Roc Chhattisgarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 11.55 Cr
  • Company Age 34 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 203.07 Cr
  • Satisfied Charges ₹ 167.40 Cr
  • Revenue Growth 55.10%
  • Profit Growth -33.18%
  • Ebitda -30.93%
  • Net Worth -24.58%
  • Total Assets 13.57%
Company report

Hi-Tech Abrasives Limited.

Company Report FY 2025-2026

Explore comprehensive insights into Hi-Tech Abrasives Limited. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hi-Tech Abrasives Limited.?

Current Directors

NameDesignationAppointment DateStatus
Sejal RathodAdditional Director01 Jun 2020Current
Shakuntala Devi TekriwalDirector13 Apr 2001Current
Raghvendra Charan SinhaAdditional Director04 Jan 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director31 Mar 2022Past
Pramod AbcsddDirector10 Jun 2011Past
Pramod AbcsddAdditional Director01 Jun 2020Past
Pramod AbcsddDirector12 Apr 2019Past

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Financial Performance of Hi-Tech Abrasives.

Hi-Tech Abrasives Limited., for the financial year ended 2019, experienced significant growth in revenue, with a 55.1% increase. The company also saw a substantial fall in profitability, with a 33.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.58%.

Hi-Tech Abrasives revenue growth over time
Hi-Tech Abrasives profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
55.10%
Revenue from Operations
55.46%
Total Assets
13.57%
Profit or Loss
-33.18%
Net Worth
-24.58%
EBITDA
-30.93%

What is the Ownership and Shareholding Structure of Hi-Tech Abrasives?

In 2019, Hi-Tech Abrasives had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,030,650,000.00

Satisfied Charges

₹1,674,000,000.00

Charges Breakdown by Lending Institutions

  • Jm Financial Asset Reconstruction Company Private Limited : 125.70 Cr
  • State Bank Of India : 59.10 Cr
  • Axis Bank Ltd : 16.90 Cr
  • M.P. Financial Corporation : 1.20 Cr
  • Centurion Bank Ltd : 0.09 Cr
  • Others : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2009Jm Financial Asset Reconstruction Company Private Limited₹125.70 CrOpen
09 Jan 2008Axis Bank Ltd₹16.90 CrOpen
21 Jul 2004State Bank Of India₹30.10 CrOpen
21 Jul 2004State Bank Of India₹29.00 CrOpen
13 Aug 2003Centurion Bank Ltd₹0.85 MOpen

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How Many Employees Work at Hi-Tech Abrasives?

Unlock and access historical data on people associated with Hi-Tech Abrasives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Hi-Tech Abrasives Limited.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Abrasives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hi-Tech Abrasives's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Hi-Tech Abrasives

Recent Activity within the Organization

  • Director Appointment

    Progress on Sejal Rathod was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2020 & has been associated with this company since 5 years 6 months . was documented.

  • Director Appointment

    Progress on Raghvendra Charan Sinha was appointed as a Additional Director was appointed as a Additional Director on 04 Jan 2020 & has been associated with this company since 5 years 10 months . was documented.

  • Annual General Meeting

    Progress on Hi-Tech Abrasives Limited. last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Hi-Tech Abrasives Limited. has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chhattisgarh. was documented.

  • Charges

    The activity A charge with Jm Financial Asset Reconstruction Company Private Limited of Rs. 125.70 Cr registered on 09 Sep 2009 with Charge ID 10230938 was modified on 26 Mar 2014. was completed.

  • Charges

    The activity A charge with Axis Bank Ltd of Rs. 16.90 Cr registered on 09 Jan 2008 with Charge ID 10086117 was modified on 21 Sep 2010. was completed.

Frequently Asked Questions

  • What is the CIN of Hi-Tech Abrasives Limited.?

    The CIN of Hi-Tech Abrasives Limited. is U05005CT1991PLC006432.

  • Where is Hi-Tech Abrasives Limited. headquartered?

    Hi-Tech Abrasives Limited. is headquartered at Mig-21 Indrawati Colony,, Raipur, Chattisgarh, 492001.

  • When was Hi-Tech Abrasives Limited. incorporated?

    Hi-Tech Abrasives Limited. was incorporated on 10 May 1991.

  • Who are the current directors of Hi-Tech Abrasives Limited.?

    The current directors of Hi-Tech Abrasives Limited. are

  • What is the primary industry of Hi-Tech Abrasives Limited.?

    The primary industry of Hi-Tech Abrasives Limited. is Manufacturing.

  • Is Hi-Tech Abrasives Limited. a listed company?

    Hi-Tech Abrasives Limited. is unlisted.

  • What is the capital structure of Hi-Tech Abrasives Limited.?

    The authorized capital of Hi-Tech Abrasives Limited. is ₹13.50 Cr, and the paid-up capital is ₹11.55 Cr.

  • What is the compliance status of Hi-Tech Abrasives Limited.?

    The compliance status of Hi-Tech Abrasives Limited. is Active Non-Compliant.

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