Hitech Specialities Solutions Private Limited - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1978.

1978 Mumbai, Maharashtra, India Active

Last Updated: February 06, 2026

About Hitech Specialities Solutions Private Limited

Hitech Specialities Solutions Private Limited, a active private limited company, was established on 04 November 1978 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U65990MH1978PTC020745. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.05 Cr.

Formerly known as Rangudyan Trading Investment Company Limited, Rangudyan Trading Investment Company Private Limited. It upholds a compliant status. Employing 51 professional, Its leadership includes Ina Ashwin Dani (Director), Harish Narendra Motiwalla (Director), Anjan Ray (Director). Past directors included Bhupendra P Dusara, Ina Ashwin Dani, Jinal Mihir Visrodia. It holds ₹24.00 Cr open charges and ₹1.50 M settled loans. Its latest AGM occurred on 14 August 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 205, 2Nd Floor,Welspun House, Kamala City Senapati Bapat Marg, Lower Parel (W), Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U65990MH1978PTC020745
Registration Number
020745
Incorporation Date
04 November 1978
Authorized Capital
₹1.50 Cr
Paid-Up Capital
₹1.05 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 Cr as on 06-02-2026
Paid Up Capital ₹ 1.05 Cr as on 06-02-2026
Company Age 47 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 24.00 Cr as on 06-02-2026
Satisfied Charges ₹ 1.50 M as on 06-02-2026
Revenue Growth **** -14.95% (FY 2023)
Profit Growth **** -39.26% (FY 2023)
Ebitda **** -41.96% (FY 2023)
Net Worth 13.28% (FY 2023)
Total Assets -0.24% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hitech Specialities Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Hitech Specialities Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ina Ashwin Dani	Director	31 Mar 1998	Current
Harish Narendra Motiwalla	Director	15 Mar 2024	Current
Anjan Ray	Director	10 Aug 2023	Current
Atul Rakesh Sethi	Director	05 May 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2007	Past
Pramod Abcsdd	Director	01 Sep 2018	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Director	03 Aug 2022	Past
Pramod Abcsdd	Additional Director	05 Aug 2024	Past

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Financial Performance of Hitech Specialities Solutions.

Hitech Specialities Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.95% decrease. The company also saw a substantial fall in profitability, with a 39.26% decrease in profit. The company's net worth Soared by an impressive increase of 13.28%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-14.95%

*******

Revenue from Operations

*******

-15.03%

*******

Total Assets

*******

-0.24%

*******

Profit or Loss

*******

-39.26%

*******

Net Worth

*******

13.28%

*******

EBITDA

*******

-41.96%

*******

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What is the Ownership and Shareholding Structure of Hitech Specialities Solutions?

In 2023, Hitech Specialities Solutions 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹240,000,000.00

Satisfied Charges

₹1,500,000.00

Charges Breakdown by Lending Institutions

The Zoroastrian Co-Operative Bank Limited : 17.00 Cr
Kotak Mahindra Bank Limited : 4.00 Cr
Others : 3.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
31 Jan 2024	The Zoroastrian Co-Operative Bank Limited	₹17.00 Cr	Open
02 Aug 2006	Kotak Mahindra Bank Limited	₹4.00 Cr	Open
15 Apr 2005	Others	₹3.00 Cr	Open
22 Mar 2017	Others	₹1.50 M	Satisfied

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How Many Employees Work at Hitech Specialities Solutions?

Hitech Specialities Solutions has a workforce of 51 employees as of Apr 09, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hitech Specialities Solutions, 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 Specialities Solutions's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Hitech Specialities Solutions

Recent Activity within the Organization

Director Appointment

Viveckanand Krishnnaswami was appointed as a Ceo was appointed as a Ceo on 01 Dec 2025 & has been associated with this company since 2 months 11 days . was recorded as a recent event.
01 Dec 2025
Annual General Meeting

Hitech Specialities Solutions Private Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records. was recorded as a recent event.
14 Aug 2025
Director Appointment

The activity Patrick Lalchandra Meinrad was appointed as a Cfo was appointed as a Cfo on 25 Jul 2025 & has been associated with this company since 6 months 18 days . was completed.
25 Jul 2025
Charges

Progress on A charge with Others of Rs. 3.00 Cr registered on 15 Apr 2005 with Charge ID 90241424 was modified on 28 Apr 2025. was documented.
28 Apr 2025
Balance Sheet

Progress on Hitech Specialities Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

The activity Harish Narendra Motiwalla was appointed as a Director was appointed as a Director on 15 Mar 2024 & has been associated with this company since 1 year 10 months . was completed.
15 Mar 2024

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