Hitech Drives Private Limited - Company Profile

It is a engineering private limited company based in Dist-Anand., Gujarat, India, established in 2006.
2006 Dist-Anand., Gujarat, India Active
Last Updated:
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About Hitech Drives Private Limited

Hitech Drives Private Limited, a active private limited company, was established on 06 April 2006 in Dist-Anand., Gujarat, India. Engaging in engineering components retail & distribution within the engineering sector, it holds CIN: U29130GJ2006PTC048090. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Employing 2 professional, Its leadership includes Vaishali Manoj Thakar (Director), Hariprashad Maganlal Thakar (Director). Past directors included Manoj Hariprasad Thakar, Hemant Hariprasad Thakar. It holds no open charges and ₹1.33 Cr settled loans. Its latest AGM occurred on 31 December 2020, with the balance sheet filed on 31 March 2020. It is based at 443/A, G-8, G.I.D.C Vithaludyognagar- 388 121 Dist-Anand., Dist-Anand., Gujarat.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U29130GJ2006PTC048090

  • Registration Number

    048090

  • Incorporation Date

    06 April 2006

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 1.33 Cr
  • Revenue Growth **** -53.41%
  • Profit Growth **** -489.52%
  • Ebitda **** -53.31%
  • Net Worth -24.60%
  • Total Assets -22.21%
Company report

Hitech Drives Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Hitech Drives 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 Drives Private Limited?
Current Directors
Name Designation Appointment Date Status
Vaishali Manoj Thakar Director 14 Jul 2009 Current
Hariprashad Maganlal Thakar Director 15 Apr 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 13 Apr 2018 Past
Pramod Abcsdd Director 14 Jul 2009 Past

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Financial Performance of Hitech Drives.

Hitech Drives Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 53.41% decrease. The company also saw a substantial fall in profitability, with a 489.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.6%.

Hitech Drives revenue growth over time
Hitech Drives 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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 -53.41%
*******
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*******
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Revenue from Operations
*******
 -36.34%
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*******
*******
Total Assets
*******
 -22.21%
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*******
*******
*******
Profit or Loss
*******
 -489.52%
*******
*******
*******
*******
Net Worth
*******
 -24.60%
*******
*******
*******
*******
EBITDA
*******
 -53.31%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hitech Drives?

In 2017, Hitech Drives 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

₹0

Satisfied Charges

₹13,300,000.00

Charges Breakdown by Lending Institutions
  • Central Bank Of India Limited : 1.33 Cr
Latest Charge Details
Date Lender Amount Status
21 Jun 2006 Central Bank Of India Limited ₹1.33 Cr Satisfied

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How Many Employees Work at Hitech Drives?

Hitech Drives has a workforce of 2 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Drives, 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 Drives'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
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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 Drives
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Hitech Drives Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records. was documented.

  • Charges

    The activity A charge registered on 21 Jun 2006 via Charge ID 10009080 with Central Bank Of India Limited was fully satisfied on 09 Oct 2020. was completed.

  • Balance Sheet

    Hitech Drives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Vaishali Manoj Thakar was appointed as a Director was appointed as a Director on 14 Jul 2009 & has been associated with this company since 16 years 6 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Central Bank Of India Limited of Rs. 13.30 M registered on 21 Jun 2006 with Charge ID 10009080 was modified on 14 Jul 2006. was documented.

  • Charges

    A charge with Central Bank Of India Limited amounted to Rs. 13.30 M with Charge ID 10009080 was registered on 21 Jun 2006. was recorded as a recent event.

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

The CIN of Hitech Drives Private Limited is U29130GJ2006PTC048090.

Where is Hitech Drives Private Limited headquartered?

Hitech Drives Private Limited is headquartered at 443/A, G-8, G.I.D.C Vithaludyognagar- 388 121 Dist-Anand., Dist-Anand., Gujarat.

When was Hitech Drives Private Limited incorporated?

Hitech Drives Private Limited was incorporated on 06 April 2006.

Who are the current directors of Hitech Drives Private Limited?

The current directors of Hitech Drives Private Limited are

What is the primary industry of Hitech Drives Private Limited?

The primary industry of Hitech Drives Private Limited is Engineering.

Is Hitech Drives Private Limited a listed company?

Hitech Drives Private Limited is unlisted.

What is the capital structure of Hitech Drives Private Limited?

The authorized capital of Hitech Drives Private Limited is ₹4.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Hitech Drives Private Limited?

The compliance status of Hitech Drives Private Limited is Compliant.

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