About Hitech Specialities Solutions Private Limited
Data last updated: 06 February 2026
Hitech Specialities Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Geetanjali Trading And Investments Private Limited. It specialises in chemical distribution and retail, a part of the broader chemicals and materials sector. Incorporated on 04 November 1978, the company has been in operation for over 48 years.
Registered with ROC Mumbai under CIN U65990MH1978PLC020745.
Capital: an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.05 Cr. Formerly known as Rangudyan Trading Investment Company Limited and Rangudyan Trading Investment Company Private Limited. It is led by directors including Ina Ashwin Dani and Harish Narendra Motiwalla.
Last AGM: 14 August 2025. Financial statements filed for year ended 31 March 2025. Office: Unit No. 205 2Nd Floor Welspun House Kamala City Senapati Bapat Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.17 Cr, a decline of 24% compared to the previous year.
The company has a workforce of approximately 51 employees as per the latest available data. It operates as a subsidiary of Geetanjali Trading And Investments Private Limited.
As per MCA filings, the company has open charges of ₹24 Cr and satisfied charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechgroup.com.
-
Email**************
-
Telephone**************
-
Website**************
-
Social Media**************
-
Registered AddressUnit No. 205 2Nd Floor Welspun House Kamala City Senapati Bapat Marg Lower Parel (W), Mumbai, Maharashtra, India – 400013
-
IndustryChemicals and Materials, Chemical Distribution & Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Hitech Specialities Solutions Private Limited
Hitech Specialities Solutions Private Limited has undergone 3 name changes throughout its history. The company was previously known as Rangudyan Trading Investment Company Limited, Rangudyan Trading Investment Company Private Limited, and Coatings Specialities (India) Limited. The current legal name is Hitech Specialities Solutions Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Hitech Specialities Solutions Private Limited | Current |
| Rangudyan Trading Investment Company Limited | Previous |
| Rangudyan Trading Investment Company Private Limited | Previous |
| Coatings Specialities (India) Limited | Previous |
CIN History of Hitech Specialities Solutions Private Limited
Hitech Specialities Solutions Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65990MH1978PTC020745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1978PTC020745 | Current |
| U65990MH1978PLC020745 | Previous |
| L65990MH1978PLC020745 | Previous |
Business Activity of Hitech Specialities Solutions Private Limited
Hitech Specialities Solutions Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | ********* |
Board of Directors of Hitech Specialities Solutions Private Limited
Hitech Specialities Solutions Private Limited is currently managed by 6 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ina Ashwin Dani | Director | 31 Mar 1998 | 28 Years 3 Months | Current |
|
Harish Narendra Motiwalla
Also directs:
Orient Ceratech Limited, Ashapura Perfoclay Limited, Ashapura Industrial Finance Limited and 1 more
|
Director | 15 Mar 2024 | 2 Years 3 Months | Current |
|
Anjan Ray
Also directs:
Hitech Corporation Limited, Ivar Carbons Private Limited, Zedbee Technologies Private Limited and 1 more
|
Director | 10 Aug 2023 | 2 Years 10 Months | Current |
|
Atul Rakesh Sethi
Also directs:
Pareesattva Consulting Llp
|
Director | 05 May 2017 | 9 Years 2 Months | Current |
Financials of Hitech Specialities Solutions Private Limited FY 2025 filings available
Hitech Specialities Solutions Private Limited reported revenue of ₹82.17 Cr (down 24% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Hitech Specialities Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2024 | The Zoroastrian Co-Operative Bank Limited | ₹17 Cr | Open |
| 02 Aug 2006 | Kotak Mahindra Bank Limited | ₹4 Cr | Open |
| 15 Apr 2005 | Others | ₹3 Cr | Open |
| 22 Mar 2017 | Others | ₹15 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Hitech Specialities Solutions Private Limited
View historical data on people associated with Hitech Specialities Solutions Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Hitech Specialities Solutions Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Hitech Specialities Solutions Private Limited
GSTIN & GST Filing Data of Hitech Specialities Solutions Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Hitech Specialities Solutions Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Hitech Specialities Solutions Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Hitech Specialities Solutions Private Limited
MSME Payment Delays by Hitech Specialities Solutions Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Hitech Specialities Solutions Private Limited
Subsidiaries & Group Companies of Hitech Specialities Solutions Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Hitech Specialities Solutions Private Limited with ownership details.
MCA Filings & Documents of Hitech Specialities Solutions Private Limited
MCA Filings & Documents of Hitech Specialities Solutions Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Hitech Specialities Solutions Private Limited
Recent News on Hitech Specialities Solutions Private Limited
Frequently Asked Questions about Hitech Specialities Solutions Private Limited
Hitech Specialities Solutions Private Limited is an active private limited company in the chemicals and materials sector based in Mumbai, Maharashtra, India. It was incorporated on 04 November 1978 (48+ years old) and is registered under CIN U65990MH1978PTC020745. The company has 51 employees.
Hitech Specialities Solutions Private Limited reported revenue of ₹82.17 Cr for FY 2025 (down 24.00% YoY).
The current directors of Hitech Specialities Solutions Private Limited are:
- Ina Ashwin Dani
- Harish Narendra Motiwalla
- Anjan Ray
- Atul Rakesh Sethi
- Viveckanand Krishnnaswami
- Patrick Lalchandra Meinrad
The primary industry of Hitech Specialities Solutions Private Limited is chemicals and materials. The company specifically operates in chemical distribution and retail. The company is currently active in this sector.
Hitech Specialities Solutions Private Limited can be reached at the registered office: Unit No. 205 2Nd Floor Welspun House Kamala City Senapati Bapat Marg Lower Parel W, Mumbai, Maharashtra, India – 400013, or through the website hitechgroup.com.
The authorised capital is ₹1.5 Cr, and the paid-up capital is ₹1.05 Cr.