Hi-Tech Promoters & Construction Private Limited
About Hi-Tech Promoters & Construction Private Limited
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Hi-Tech Promoters & Construction Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70200OR2010PTC012497. Its GSTIN is 37AACCH5115Q1Z9 (Andhra Pradesh).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹98.15 Lakh. It is led by directors including Tirupati Choudhury (Managing Director) and Sandeep Chowdari.
Its last annual general meeting (AGM) was held on 05 January 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No – A/103 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.09 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹37.8 Lakh (net margin 6.2%) and EBITDA of ₹53.48 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 50% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Hi-Tech Promoters & Construction Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – A/103 Saheed Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hi-Tech Promoters & Construction 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
Business activity
The main business activity of Hi-Tech Promoters & Construction is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Hi-Tech Promoters & Construction Private Limited, buy the company report.
Financials of Hi-Tech Promoters & Construction Private Limited
FY 2021 filings availableHi-Tech Promoters & Construction Private Limited reported revenue of ₹6.09 Cr (up 28% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 28% growth in the latest year. EBITDA rose 19% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹53.48 Lakh | ||||
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| Net Profit (PAT) | ₹37.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 6.2% | ||||
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To see the full financial statements and ratios of Hi-Tech Promoters & Construction Private Limited, buy the company report.
Board of directors of Hi-Tech Promoters & Construction Private Limited
Hi-Tech Promoters & Construction has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tirupati Choudhury Also directs: Konark Habitas Private Limited, Hi-Tech Kutira & Promoters Private Limited, Hi-Tech Greenglow Private Limited and 5 more | Managing Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Sandeep Chowdari | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
| Hareram Chowdary Also directs: Sujatha Infra and Developers LLP, Hareram Infra and Developers LLP, Konark Habitas Private Limited and 1 more | Director | 28 Sep 2010 | 16 Years 0 Months | Current |
| Santosh Kumar Chowdary Also directs: Sujatha Infra and Developers LLP, Hi-Tech Kutira & Promoters Private Limited, Inch 2 Inch Construction & Interior LLP and 5 more | Director | 28 Sep 2010 | 16 Years 0 Months | Current |
| Bhaskara Chowdary | Director | 29 Dec 2010 | 15 Years 9 Months | Current |
Auditor
Hi-Tech Promoters & Construction Private Limited is audited by B SREERAMAMURTY & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SREERAMAMURTY & ASSOCIATES | FY 2019 | 003972S |
Shareholding
The shareholding of Hi-Tech Promoters & Construction Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hi-Tech Promoters & Construction Private Limited, buy the company report.
Legal cases
Hi-Tech Promoters & Construction Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Orissa | Court case (2 (c)cc) | Filed against the company by Assistant Registrar of Companies | Pending |
To see the full case history of Hi-Tech Promoters & Construction Private 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 Promoters & Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Tech Promoters & Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCH5115Q1Z9 | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Tech Promoters & Construction Private Limited, buy the company report.
Recent activity
Hi-Tech Promoters & Construction Private Limited has 9 board changes on record since 2010: 5 appointments and 4 cessations. The latest: Tirupati Choudhury was appointed as Managing Director on 01 Mar 2021.
Frequently asked questions
Hi-Tech Promoters & Construction is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 September 2010 (16+ years old) and is registered under CIN U70200OR2010PTC012497.
Hi-Tech Promoters & Construction has 5 current directors:
- Tirupati Choudhury - Managing Director
- Sandeep Chowdari - Director
- Hareram Chowdary - Director
- Santosh Kumar Chowdary - Director
- Bhaskara Chowdary - Director
The latest financial statements of Hi-Tech Promoters & Construction on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 05 January 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Tech Promoters & Construction is 37AACCH5115Q1Z9, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Hi-Tech Promoters & Construction is U70200OR2010PTC012497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Tech Promoters & Construction has 3 court cases on record: 3 filed against it. 3 are pending.
Hi-Tech Promoters & Construction was incorporated on 28 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Tirupati Choudhury was appointed as Managing Director on 01 Mar 2021. Trinadha Chowdari ceased to be Director on 19 Dec 2019. Sandeep Chowdari was appointed as Director on 30 Sep 2017. Hi-Tech Promoters & Construction has 9 board changes on record in total.
The registered office of Hi-Tech Promoters & Construction is at Plot No – A103 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
Hi-Tech Promoters & Construction operates in the real estate and construction industry, in the real estate builders and developers segment.