Hi-Tech Newchem Private Limited
About Hi-Tech Newchem Private Limited
Data last updated:
Hi-Tech Newchem Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 11 April 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2011PTC064869. Its GSTIN is 24AADCH1045A1ZF (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Arjun Anangbhai Lalbhai and Anangbhai Ajaybhai Lalbhai.
Its last annual general meeting (AGM) was held on 12 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Ahmedabad, Gujarat.
Company details
Contact details
Hi-Tech Newchem Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressOne42 Building 1003 North Block 10th Floor B/H Ashok Vatika Iscon Amb, Li Road, Ahmedabad, Gujarat, India – 380054
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Hi-Tech Newchem Private 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
Financials of Hi-Tech Newchem Private Limited
FY 2024 filings availableHi-Tech Newchem Private Limited reported revenue of ₹900 (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years, including a 35% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hi-Tech Newchem Private Limited, buy the company report.
Board of directors of Hi-Tech Newchem Private Limited
Hi-Tech Newchem has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arjun Anangbhai Lalbhai Also directs: Pelican Commercial LLP, Zeus Precision Products LLP, Afar Trading and Commercial LLP and 5 more | Director | 25 Feb 2020 | 6 Years 8 Months | As last reported |
| Anangbhai Ajaybhai Lalbhai | Director | 01 May 2015 | 11 Years 6 Months | As last reported |
| Bhavin Kiritbhai Jhaveri Also directs: Aarna Clothing Private Limited | Director | 12 Jul 2019 | 7 Years 3 Months | As last reported |
Peer comparison
Hi-Tech Newchem Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balan Organic Chemicals Private Limited | ₹1,000 (FY 2024) | Bangalore, Karnataka, India | ||||
| Hans Pharmaceutical and Chemicals Private Limited | ₹1,000 (FY 2019) | Uttar Pradesh, India | ||||
| Dr.Kutty's Formulations (OPC) Private Limited | ₹1,000 (FY 2025) | Thrissur, Kerala, India | ||||
| R.Selvamani's Surface Technics Private Limited | ₹991 (FY 2024) | Kanchipuram, Tamil Nadu, India | ||||
| Nishu Chemicals Limited | ₹968 (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Hi-Tech Newchem Private Limitedthis company | ₹900 (FY 2024) | -35.0% | Ahmedabad, Gujarat, India | |||
| Psra Graphics India Private Limited | ₹900 (FY 2025) | -100.0% | Ghaziabad, Uttar Pradesh, India | |||
| Sonal Dye-Chem Private Limited | ₹875 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Gangotri Chlorochem Private Limited | ₹866 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Ajay Impex Private Limited | ₹852 (FY 2025) | 14.0% | Jamnagar, Gujarat, India | |||
| Hindustan Monomers (Unit No. II) Private Limited | ₹775 (FY 2025) | -100.0% | Dombivli, Maharashtra, India |
To see the full peer comparison of Hi-Tech Newchem Private Limited, buy the company report.
Auditor
Hi-Tech Newchem Private Limited is audited by JHAVERI SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JHAVERI SHAH & CO | FY 2018 | 127390W |
Shareholding
The shareholding of Hi-Tech Newchem Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Newchem Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hi-Tech Newchem Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi-Tech Newchem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Tech Newchem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCH1045A1ZF | Gujarat | Active | 08 Jun 2021 |
To see the full GST registrations and return filing status of Hi-Tech Newchem Private Limited, buy the company report.
Recent activity
Hi-Tech Newchem Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Arjun Anangbhai Lalbhai was appointed as Director on 25 Feb 2020.
Frequently asked questions
Hi-Tech Newchem has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hi-Tech Newchem was a private limited company based in Ahmedabad, Gujarat, India. The company worked in industrial chemicals, within the chemicals and materials industry. It was incorporated on 11 April 2011 and is registered under CIN U24100GJ2011PTC064869. The company has been struck off by the Registrar of Companies and is no longer operational.
Hi-Tech Newchem had 3 directors:
- Arjun Anangbhai Lalbhai - Director
- Anangbhai Ajaybhai Lalbhai - Director
- Bhavin Kiritbhai Jhaveri - Director
The CIN (Corporate Identification Number) of Hi-Tech Newchem is U24100GJ2011PTC064869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hi-Tech Newchem is at One42 Building 1003 North Block 10th Floor BH Ashok Vatika Iscon Amb, Li Road, Ahmedabad, Gujarat, India – 380054.
Hi-Tech Newchem was incorporated on 11 April 2011. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Hi-Tech Newchem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 12 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Tech Newchem is 24AADCH1045A1ZF, registered in Gujarat.
Hi-Tech Newchem operated in the chemicals and materials industry, in the industrial chemicals segment. It worked in this industry before it was struck off.
The peers of Hi-Tech Newchem by revenue are Balan Organic Chemicals Private Limited, Hans Pharmaceutical and Chemicals Private Limited, Dr.Kutty's Formulations (OPC) Private Limited, R.Selvamani's Surface Technics Private Limited, Nishu Chemicals Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
Arjun Anangbhai Lalbhai was appointed as Director on 25 Feb 2020. Bhavin Kiritbhai Jhaveri was appointed as Director on 12 Jul 2019. Ashitbhai Sunderlal Parikh ceased to be Additional Director on 15 Sep 2016. Hi-Tech Newchem has 7 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
