About Hi-Tech Elastomers Limited
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Hi-Tech Elastomers Limited is a public limited company based in Kalol, Gujarat, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 21 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1992PLC017680. Its GSTIN is 24AAACH3814N1ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.43 Cr. It is led by directors including Rupen Vinodbhai Soni (Managing Director) and Roshni Rupen Soni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A 227 Santej Vadsar Road Santej, Vill Santej Tal Kalol, Gujarat, India – 382721.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.69 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 2.7%) and EBITDA of ₹6.12 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
The company is associated with 1 brand: Hitechelastomers. As per MCA filings, the company has open charges of ₹40.52 Cr and satisfied charges of ₹70.64 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 2 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.43 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechelastomers.com.
Company details
Contact details
Hi-Tech Elastomers Limited's registered office is in Kalol, Gujarat. Its website is hitechelastomers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA 227 Santej Vadsar Road Santej, Vill Santej Tal Kalol, Gujarat, India – 382721
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Hi-Tech Elastomers 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
Hi-Tech Elastomers operates one associated brand: Hitechelastomers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Marine and offshore product manufacturing, including fenders and mooring systems, based in India. | hitechelastomers.com |
Business activity
The main business activity of Hi-Tech Elastomers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hi-Tech Elastomers Limited, buy the company report.
Financials of Hi-Tech Elastomers Limited
FY 2024 filings availableHi-Tech Elastomers Limited reported revenue of ₹90.69 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 28% growth in the latest year. EBITDA rose 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.12 Cr | ||||
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| Net Profit (PAT) | ₹2.41 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Hi-Tech Elastomers Limited, buy the company report.
Board of directors of Hi-Tech Elastomers Limited
Hi-Tech Elastomers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshni Rupen Soni Also directs: Hel Estates Private Limited | Whole-Time Director | 30 Mar 2006 | 20 Years 7 Months | Current |
| Rupen Vinodbhai Soni Also directs: Hel Estates Private Limited | Managing Director | 01 Apr 1994 | 32 Years 7 Months | Current |
| Hansaben Vinodchandra Soni Also directs: Hel Estates Private Limited | Whole-Time Director | 30 Jul 2003 | 23 Years 3 Months | Current |
| Mansiben Maulikbhai Parikh | Whole-Time Director | 30 Mar 1996 | 30 Years 7 Months | Current |
Auditor
Hi-Tech Elastomers Limited is audited by R R S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R S & ASSOCIATES | FY 2023 | 118336W |
Shareholding
The shareholding of Hi-Tech Elastomers Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hi-Tech Elastomers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2020 | 100358570 | Others | ₹2.72 Cr | Open | |
| 12 Feb 2019 | 100243227 | Others | ₹37.8 Cr | Open | |
| 20 Aug 2011 | 10308792 | Punjab National Bank | ₹5.5 Lakh | Satisfied | |
| 19 May 2011 | 10293173 | Punjab National Bank | ₹9 Lakh | Satisfied | |
| 25 May 2010 | 10227430 | Punjab National Bank | ₹3.2 Lakh | Satisfied |
To see the full charge records of Hi-Tech Elastomers Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Hi-Tech Elastomers Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.43 Cr; the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rupen V Soni -HUF, 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Hi-Tech Elastomers Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hi-Tech Elastomers Limited has 17 court cases on record: 9 filed by Hi-Tech Elastomers, 8 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 0 |
| High courts | 8 | 1 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (TD) | Filed by the company against DBM Geotechnics and Constructions Pvt. Ltd. | Pending |
| Bombay High Court | Court case (COMEX) | Filed by the company against DBM Geotechnics and Constructions Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by DBM Geotechnics and Construction Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by DBM Geotechnics and Construction Private Limited | Disposed |
| Bombay High Court | Court case (JO) | Filed by the company against DBM Geotechnics and Constructions Pvt. Ltd. | Disposed |
To see the full case history of Hi-Tech Elastomers 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 Hi-Tech Elastomers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Tech Elastomers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH3814N1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Tech Elastomers Limited, buy the company report.
Recent activity
Hi-Tech Elastomers Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Rupen Vinodbhai Soni ceased to be Whole-Time Director on 01 Oct 2016.
44 earlier events are in the company report.
Frequently asked questions
Hi-Tech Elastomers is an active public limited company based in Kalol, Gujarat, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 21 May 1992 (34+ years old) and is registered under CIN U51909GJ1992PLC017680.
Hi-Tech Elastomers has 4 current directors:
- Rupen Vinodbhai Soni - Managing Director
- Roshni Rupen Soni - Whole-Time Director
- Hansaben Vinodchandra Soni - Whole-Time Director
- Mansiben Maulikbhai Parikh - Whole-Time Director
The latest financial statements of Hi-Tech Elastomers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Tech Elastomers is 24AAACH3814N1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hi-Tech Elastomers is U51909GJ1992PLC017680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Tech Elastomers has 17 court cases on record: 9 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Hi-Tech Elastomers was incorporated on 21 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hi-Tech Elastomers has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹3.43 Cr; the latest was in March 2024.
Rupen Vinodbhai Soni ceased to be Whole-Time Director on 01 Oct 2016. Vinodchandra Ambalal Soni ceased to be Managing Director on 30 Sep 2016. Hansaben Vinodchandra Soni ceased to be Director on 01 Apr 2012. Hi-Tech Elastomers has 9 board changes on record in total.
Hi-Tech Elastomers can be reached through the website hitechelastomers.com. Its registered office is in Kalol, Gujarat, India.
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