Hi-Tech Forgings (Bangalore) Private Limited

Manufactures and exports a variety of forged products for various industries.

1999 | Bangaluru, Karnataka (India) | Active
Last Updated:

Hi-Tech Forgings (Bangalore) Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.81 Cr
  • Revenue Growth 25.10%
  • Profit Growth 138.12%
  • Ebitda 178.65%
  • Net Worth 18.70%
  • Total Assets -12.79%

About Hi-Tech Forgings (Bangalore)

Hi-Tech Forgings (Bangalore) Private Limited (HFBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 1999 and has a history of 25 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹9.81 Cr.

Rambabu Dontamsetti, Dontamsetti Rajaparvathi, and Ajay Mittal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31103KA1999PTC025613

  • Company No.

    025613

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering

What products or services does Hi-Tech Forgings (Bangalore) Private Limited offer?

Hi-Tech Forgings (Bangalore) Private Limited offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forgings, Rock Drill Bits, DTH Hammers, Drilling Bits, Collets and Chucks, Open Die Forgings.

Company report

Hi-Tech Forgings (Bangalore) Private Limited

Explore comprehensive data for Hi-Tech Forgings (Bangalore) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Hi-Tech Forgings (Bangalore)?

Executive Team (1)

NameDesignationAppointment DateStatus
Rambabu Dontamsetti Country flag representing In Managing Director18-Aug-1999Current

Board Members (2)

NameDesignationAppointment DateStatus
Dontamsetti Rajaparvathi Country flag representing In Director 18-Sep-2018Current
Ajay Mittal Country flag representing In Director 01-Feb-2024Current

Financial Performance of Hi-Tech Forgings (Bangalore).

Hi-Tech Forgings (Bangalore) Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 25.1% increase. The company also saw a substantial improvement in profitability, with a 138.12% increase in profit. The company's net worth Soared by an impressive increase of 18.7%.

Hi-Tech Forgings (Bangalore) revenue growth over time
Hi-Tech Forgings (Bangalore) 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
25.10%
Revenue from Operations
23.39%
Total Assets
-12.79%
Profit or Loss
138.12%
Net Worth
18.70%
EBITDA
178.65%

What is the Ownership and Shareholding Structure of Hi-Tech Forgings (Bangalore)?

In 2020, Hi-Tech Forgings (Bangalore) 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 Indicator graph

Charges (Loans)

Open Charges

₹9.81 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 9.81 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2015Indian Bank₹5.00 MOpen
05 Sep 2013Indian Bank₹3.85 CrOpen
12 Nov 2007Indian Bank₹0.35 MOpen
03 Nov 2000Indian Bank₹5.42 CrOpen

How Many Employees Work at Hi-Tech Forgings (Bangalore)?

Hi-Tech Forgings (Bangalore) has a workforce of 23 employees as of Apr 07, 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 growth trends for Hi-Tech Forgings (Bangalore) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi-Tech Forgings (Bangalore), 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 Forgings (Bangalore)'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.

Latest Updates, News, and FAQs on Hi-Tech Forgings (Bangalore)

Recent activity within the organization

  • Annual General Meeting

    Hi-Tech Forgings (Bangalore) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Hi-Tech Forgings (Bangalore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Ajay Kumar Mittal was appointed as a Director was appointed as a Director on 01 Feb 2024 & has been associated with this company since 1 year 4 months .

  • Director Appointment

    Dontamsetti Rajaparvathi was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 6 years 9 months .

  • Charges

    A charge with Indian Bank of Rs. 3.85 Cr registered on 05 Sep 2013 with Charge ID 10454973 was modified on 30 Jun 2016.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.50 Cr with Charge ID 10602198 was registered on 09 Oct 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Hi-Tech Forgings (Bangalore) Private Limited?

    Hi-Tech Forgings (Bangalore) Private Limited was incorporated on 18 Aug 1999.

  • What is authorized share capital and paid-up capital of Hi-Tech Forgings (Bangalore) Private Limited?

    The authorized share capital of Hi-Tech Forgings (Bangalore) Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Who are the current board members & directors of Hi-Tech Forgings (Bangalore) Private Limited?

    Currently 3 directors are associated with Hi-Tech Forgings (Bangalore) Private Limited.

    • Rambabu Dontamsetti
    • Dontamsetti Rajaparvathi
    • Ajay Kumar Mittal

  • What is the registered address of Hi-Tech Forgings (Bangalore) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Hi-Tech Forgings (Bangalore) Private Limited is Plot No. V - 1A 4Th Cross Peenya 1St Stage, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Hi-Tech Forgings (Bangalore) Private Limited?

    The corporate identification number (CIN) of Hi-Tech Forgings (Bangalore) Private Limited is U31103KA1999PTC025613 and the company number is 025613 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Hi-Tech Forgings (Bangalore) Private Limited?

    The Official website of Hi-Tech Forgings (Bangalore) Private Limited is https://www.hi-techindustry.com

  • What has been the recent revenue trend for Hi-Tech Forgings (Bangalore) Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Hi-Tech Forgings (Bangalore) Private Limited has risen by 25.10%.

  • How many employees does Hi-Tech Forgings (Bangalore) Private Limited currently have?

    As Per 2020 financial reports, 23 employees are currently employed by Hi-Tech Forgings (Bangalore) Private Limited.

  • What change has been observed in the net worth of Hi-Tech Forgings (Bangalore) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Hi-Tech Forgings (Bangalore) Private Limited has experienced an upsurge of 18.70%.

  • What are the total open charges for Hi-Tech Forgings (Bangalore) Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Hi-Tech Forgings (Bangalore) Private Limited amount to ₹ 9.81 Cr.

  • When was the last Balance Sheet of Hi-Tech Forgings (Bangalore) Private Limited filed with the ROC?

    The most recent Balance Sheet for Hi-Tech Forgings (Bangalore) Private Limited was filed with the ROC on 31 Mar 2024.

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