Hitech Motors And Automobiles Private Limited Company Logo

Hitech Motors And Automobiles Private Limited - Company Profile

It is a automotive private limited company based in Belgaum, Karnataka, India, established in 2019.

2019 | Belgaum, Karnataka, India | Active
Last Updated:

About Hitech Motors And Automobiles Private Limited

Hitech Motors And Automobiles Private Limited, a active private limited company, was established on 24 May 2019 in Belgaum, Karnataka, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50300KA2019PTC124597. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Employing 36 professional, Its leadership includes Rajesh Mahaveer Bhosagi (Director), Basavaraj Tangadi (Director), Vinay Kumar Balikai (Director). Past directors included Vinay Kumar Balikai, Rajendra Desai. It holds ₹14.60 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Rs No. 325, 1B/2A/3, Opp Patson Nr Pimple Katta, Old Pb Road, Belgaum, Karnataka, 590003.

Company Details

  • CIN/LLPIN

    U50300KA2019PTC124597

  • Registration Number

    124597

  • Incorporation Date

    24 May 2019

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.60 Cr
  • Revenue Growth 181.55%
  • Profit Growth 174.45%
  • Ebitda 274.92%
  • Net Worth 74.15%
  • Total Assets 53.82%
Company report

Hitech Motors And Automobiles Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Hitech Motors And Automobiles 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 Motors And Automobiles Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Rajesh Mahaveer BhosagiDirector24 May 2019Current
Basavaraj TangadiDirector24 May 2019Current
Vinay Kumar BalikaiDirector19 Jun 2020Current
Rajendra DesaiDirector19 Jun 2020Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddAdditional Director31 Dec 2020Past

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Financial Performance of Hitech Motors And Automobiles.

Hitech Motors And Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 181.55% increase. The company also saw a substantial improvement in profitability, with a 174.45% increase in profit. The company's net worth Soared by an impressive increase of 74.15%.

Hitech Motors And Automobiles revenue growth over time
Hitech Motors And Automobiles 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
181.55%
Revenue from Operations
181.49%
Total Assets
53.82%
Profit or Loss
174.45%
Net Worth
74.15%
EBITDA
274.92%

What is the Ownership and Shareholding Structure of Hitech Motors And Automobiles?

In 2023, Hitech Motors And Automobiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹146,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.60 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2023Axis Bank Limited₹14.60 CrOpen

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How Many Employees Work at Hitech Motors And Automobiles?

Hitech Motors And Automobiles has a workforce of 36 employees as of Mar 22, 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 Hitech Motors And Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hitech Motors And Automobiles, 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 Motors And Automobiles's trajectory.

Rating

Graph displaying rating trends over time

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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 Hitech Motors And Automobiles

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 146.00 M registered on 25 Aug 2023 with Charge ID 100766554 was modified on 28 Jan 2025. was documented.

  • Annual General Meeting

    Hitech Motors And Automobiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Hitech Motors And Automobiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 146.00 M with Charge ID 100766554 was registered on 25 Aug 2023. was documented.

  • Director Appointment

    Progress on Vinay Kumar Balikai was appointed as a Director was appointed as a Director on 19 Jun 2020 & has been associated with this company since 5 years 6 months . was documented.

  • Director Appointment

    The activity Rajendra Desai was appointed as a Director was appointed as a Director on 19 Jun 2020 & has been associated with this company since 5 years 6 months . was completed.

Frequently Asked Questions

  • What is the CIN of Hitech Motors And Automobiles Private Limited?

    The CIN of Hitech Motors And Automobiles Private Limited is U50300KA2019PTC124597.

  • Where is Hitech Motors And Automobiles Private Limited headquartered?

    Hitech Motors And Automobiles Private Limited is headquartered at Rs No. 325, 1B/2A/3, Opp Patson Nr Pimple Katta, Old Pb Road, Belgaum, Karnataka, 590003.

  • When was Hitech Motors And Automobiles Private Limited incorporated?

    Hitech Motors And Automobiles Private Limited was incorporated on 24 May 2019.

  • Who are the current directors of Hitech Motors And Automobiles Private Limited?

    The current directors of Hitech Motors And Automobiles Private Limited are

  • What is the primary industry of Hitech Motors And Automobiles Private Limited?

    The primary industry of Hitech Motors And Automobiles Private Limited is Trade.

  • Is Hitech Motors And Automobiles Private Limited a listed company?

    Hitech Motors And Automobiles Private Limited is unlisted.

  • What is the capital structure of Hitech Motors And Automobiles Private Limited?

    The authorized capital of Hitech Motors And Automobiles Private Limited is ₹1.00 M, and the paid-up capital is ₹0.10 M.

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