Hitech Coatings Private Limited - Company Profile

It is a chemicals and materials private limited company based in Sarigam, Gujarat, India, established in 2011.
2011 Sarigam, Gujarat, India Active
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About Hitech Coatings Private Limited

Hitech Coatings Private Limited, a active private limited company, was established on 08 August 2011 in Sarigam, Gujarat, India. Engaging in organic chemicals & compounds within the chemicals and materials sector, it holds CIN: U24100GJ2011PTC066667. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Kirti Bansnarayan Rai (Director), Pratik Bansnarayan Rai (Director), Manishkumar Bansnarayan Ray (Director). Past directors included Kirti Bansnarayan Rai, Pratik Bansnarayan Rai, Birendrakant Gyanprakash Srivastava. It holds ₹19.94 Cr open charges and ₹4.19 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Industrial Plot No. 1313 At Sarigam Industrial Estate, Gidc, Sarigam, Gujarat, 396155.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24100GJ2011PTC066667

  • Registration Number

    066667

  • Incorporation Date

    08 August 2011

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 19.94 Cr
  • Satisfied Charges ₹ 4.19 Cr
  • Revenue Growth **** 9.14%
  • Profit Growth **** -21.96%
  • Ebitda **** -426.86%
  • Net Worth 63.86%
  • Total Assets -27.86%
Company report

Hitech Coatings Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hitech Coatings Private 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 Hitech Coatings Private Limited?
Current Directors
Name Designation Appointment Date Status
Kirti Bansnarayan Rai Director 15 Oct 2016 Current
Pratik Bansnarayan Rai Director 15 Oct 2016 Current
Manishkumar Bansnarayan Ray Director 08 Aug 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Additional Director 30 Sep 2017 Past
Pramod Abcsdd Director 17 Oct 2016 Past

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Financial Performance of Hitech Coatings.

Hitech Coatings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.14% increase. The company also saw a substantial fall in profitability, with a 21.96% decrease in profit. The company's net worth Soared by an impressive increase of 63.86%.

Hitech Coatings revenue growth over time
Hitech Coatings 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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 9.14%
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Revenue from Operations
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*******
Total Assets
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 -27.86%
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*******
*******
Profit or Loss
*******
 -21.96%
*******
*******
*******
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Net Worth
*******
 63.86%
*******
*******
*******
*******
EBITDA
*******
 -426.86%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hitech Coatings?

In 2023, Hitech Coatings had a promoter holding of 100.00%. 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

₹199,350,000.00

Satisfied Charges

₹41,900,000.00

Charges Breakdown by Lending Institutions
  • Others : 19.94 Cr
Latest Charge Details
Date Lender Amount Status
11 Oct 2024 Others ₹3.90 M Open
11 Oct 2024 Others ₹3.75 Cr Open
11 Oct 2024 Others ₹4.70 M Open
11 Oct 2024 Others ₹9.60 M Open
07 Jun 2024 Others ₹8.49 Cr Open

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How Many Employees Work at Hitech Coatings?

Unlock and access historical data on people associated with Hitech Coatings, 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 Hitech Coatings, 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 Hitech Coatings'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 Hitech Coatings
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Hitech Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Others of Rs. 84.90 M registered on 07 Jun 2024 with Charge ID 100937541 was modified on 08 May 2025. was documented.

  • Balance Sheet

    The activity Hitech Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.90 M with Charge ID 101015508 was registered on 11 Oct 2024. was documented.

  • Charges

    A charge with Others amounted to Rs. 37.50 M with Charge ID 101015507 was registered on 11 Oct 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 4.70 M with Charge ID 101015506 was registered on 11 Oct 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Hitech Coatings Private Limited?

The CIN of Hitech Coatings Private Limited is U24100GJ2011PTC066667.

Where is Hitech Coatings Private Limited headquartered?

Hitech Coatings Private Limited is headquartered at Industrial Plot No. 1313 At Sarigam Industrial Estate, Gidc, Sarigam, Gujarat, 396155.

When was Hitech Coatings Private Limited incorporated?

Hitech Coatings Private Limited was incorporated on 08 August 2011.

Who are the current directors of Hitech Coatings Private Limited?

The current directors of Hitech Coatings Private Limited are

What is the primary industry of Hitech Coatings Private Limited?

The primary industry of Hitech Coatings Private Limited is Chemicals And Materials.

Is Hitech Coatings Private Limited a listed company?

Hitech Coatings Private Limited is unlisted.

What is the capital structure of Hitech Coatings Private Limited?

The authorized capital of Hitech Coatings Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Hitech Coatings Private Limited?

The compliance status of Hitech Coatings Private Limited is Compliant.

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