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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 13.50 Cr
  • Paid Up Capital ₹ 11.55 Cr
  • Company Age 34 Year, 9 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Sejal Rathod Additional Director 01 Jun 2020 Current
Shakuntala Devi Tekriwal Director 13 Apr 2001 Current
Raghvendra Charan Sinha Additional Director 04 Jan 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 31 Mar 2022 Past
Pramod Abcsdd Director 10 Jun 2011 Past
Pramod Abcsdd Additional Director 01 Jun 2020 Past
Pramod Abcsdd Director 12 Apr 2019 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 55.10%
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Revenue from Operations
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 55.46%
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*******
Total Assets
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 13.57%
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*******
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*******
Profit or Loss
*******
 -33.18%
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*******
*******
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Net Worth
*******
 -24.58%
*******
*******
*******
*******
EBITDA
*******
 -30.93%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
09 Sep 2009 Jm Financial Asset Reconstruction Company Private Limited ₹125.70 Cr Open
09 Jan 2008 Axis Bank Ltd ₹16.90 Cr Open
21 Jul 2004 State Bank Of India ₹29.00 Cr Open
21 Jul 2004 State Bank Of India ₹30.10 Cr Open
13 Aug 2003 Centurion Bank Ltd ₹0.85 M Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hi-Tech Abrasives
Recent Activity within the Organization
  • Director Appointment

    The activity 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 9 months . was completed.

  • Director Appointment

    The activity 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 6 years 2 months . was completed.

  • Annual General Meeting

    Hi-Tech Abrasives Limited. last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Hi-Tech Abrasives Limited. has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chhattisgarh. was recorded as a recent event.

  • Charges

    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 recorded as a recent event.

  • Charges

    Progress on 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 documented.

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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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