About Hi-Tech Sweet Water Technologies Private Limited
Data last updated:
Hi-Tech Sweet Water Technologies Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 18 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45205GJ2000PTC037188. Its GSTIN is 24AAACH7432C1Z3 (Gujarat). The company holds 16 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.24 Cr. It is led by directors Vijay Kumar Shah and Radheshyam Tulsiram Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 Gopal Nagar Nandida Char Rasta GIDC Bardoli, Surat, Gujarat, India – 394601.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.89 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹19.38 Cr (net margin -108.3%) and EBITDA of -₹15.38 Cr (EBITDA margin -86%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹100.96 Cr and satisfied charges of ₹97.26 Cr on record. Court records list 47 cases involving the company, including 21 filed by the company and 26 filed against it; 15 cases are pending. The company has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.51 Cr; the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hitechro.net.
Company details
Contact details
Hi-Tech Sweet Water Technologies Private Limited's registered office is in Surat, Gujarat. Its website is hitechro.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4 Gopal Nagar Nandida Char Rasta GIDC Bardoli, Surat, Gujarat, India – 394601
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Hi-Tech Sweet Water Technologies 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 Sweet Water Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
Financials of Hi-Tech Sweet Water Technologies Private Limited
FY 2024 filings availableHi-Tech Sweet Water Technologies Private Limited reported revenue of ₹17.89 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 79% fall in the latest year. EBITDA fell 584% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹15.38 Cr | ||||
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| Net Profit (PAT) | -₹19.38 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -86% | ||||
| Net Profit Margin | -108.3% | ||||
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To see the full financial statements and ratios of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
Board of directors of Hi-Tech Sweet Water Technologies Private Limited
Hi-Tech Sweet Water Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Shah | Director | 18 Jan 2000 | 26 Years 9 Months | Current |
| Radheshyam Tulsiram Sharma | Additional Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Hi-Tech Sweet Water Technologies Private Limited is audited by MAHESH KUMAR MITTAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH KUMAR MITTAL & CO. | FY 2023 | 127309W |
Shareholding
The shareholding of Hi-Tech Sweet Water Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2018 | 100153310 | Others | ₹7.74 Cr | Open | |
| 14 Oct 2014 | 10526005 | Others | ₹93.22 Cr | Open | |
| 31 Dec 2016 | 100087050 | Others | ₹4 Cr | Satisfied | |
| 16 Jan 2015 | 10543698 | Bank of Baroda | ₹4 Cr | Satisfied | |
| 30 Sep 2014 | 10524616 | Religare Finvest Limited | ₹3.42 Cr | Satisfied |
To see the full charge records of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Hi-Tech Sweet Water Technologies Private Limited has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.51 Cr; the latest was in March 2020.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pallavi Marriage Trust |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Utsav Marriage Trust, Nikhil Marriage Trust, Utsav & Princy Benefit Trust |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sagar Dyeing and Printing Mills Pvt.Ltd. , Millionaire Developers Private Limited |
| Nov 2010 | Funding round | ₹9.34 Cr | Investors: Millionaire Developers Private Limited , Sagar Dyeing and Printing Mills Pvt.Ltd. , an individual |
To see the full deal history of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hi-Tech Sweet Water Technologies Private Limited has 47 court cases on record: 21 filed by Hi-Tech Sweet Water Technologies, 26 filed against it. 15 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 10 | 5 |
| High courts | 13 | 4 | 4 |
| NCLAT | 11 | 8 | 3 |
| NCLT | 5 | 4 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Shree Maruti Integrated Logistics Limited - Sanjay Naranbhai Mokariya | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Indian Railway Catering and Tourism Corporation Limited | Pending |
| District court, Ahmedabad, Gujarat | Civil suit | Filed by the company against Environment Planning Group Ltd. and 3 others | Pending |
| District court, SURAT, Gujarat | Court case (SPCS) | Filed by the company against Kashyap Infraprojects P Ltd and 11 others | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Kashyap Infraprojects Private Limited | Pending |
To see the full case history of Hi-Tech Sweet Water Technologies 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.
Credit ratings & regulatory alerts
Hi-Tech Sweet Water Technologies Private Limited was last rated by Brickwork on 21 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Dec 2021 |
To see the full credit ratings and regulatory alerts of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi-Tech Sweet Water Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Tech Sweet Water Technologies has 16 GST registrations: 14 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH7432C1Z3 | Gujarat | Active | 01 Jul 2017 |
| 03AAACH7432C1Z7 | Punjab | Active | 01 Jul 2017 |
| 07AAACH7432C1ZZ | Delhi | Active | 01 Jul 2017 |
| 08AAACH7432C1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Tech Sweet Water Technologies Private Limited, buy the company report.
Recent activity
Hi-Tech Sweet Water Technologies Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Dilipbhai Khushalbhai Patel ceased to be Director on 28 Mar 2023.
18 earlier events are in the company report.
Frequently asked questions
Hi-Tech Sweet Water Technologies is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 18 January 2000 (26+ years old) and is registered under CIN U45205GJ2000PTC037188.
Hi-Tech Sweet Water Technologies has 2 current directors:
- Vijay Kumar Shah - Director
- Radheshyam Tulsiram Sharma - Additional Director
The latest financial statements of Hi-Tech Sweet Water Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hi-Tech Sweet Water Technologies is 24AAACH7432C1Z3, registered in Gujarat. The company has 16 GST registrations in all, of which 14 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAACH7432C1Z7 (Punjab), 07AAACH7432C1ZZ (Delhi), 08AAACH7432C1ZX (Rajasthan).
The CIN (Corporate Identification Number) of Hi-Tech Sweet Water Technologies is U45205GJ2000PTC037188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Tech Sweet Water Technologies has 47 court cases on record: 21 filed by the company and 26 filed against it. 15 are pending. Most are in the district courts.
Hi-Tech Sweet Water Technologies was incorporated on 18 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hi-Tech Sweet Water Technologies has 11 deals on record (7 secondary share transfers, 4 funding rounds), with disclosed funding of ₹15.51 Cr; the latest was in March 2020.
Dilipbhai Khushalbhai Patel ceased to be Director on 28 Mar 2023. Radheshyam Tulsiram Sharma was appointed as Additional Director on 22 Aug 2022. Satish Dhanraj Agarwal ceased to be Director on 28 Jul 2022. Hi-Tech Sweet Water Technologies has 5 board changes on record in total.
Hi-Tech Sweet Water Technologies can be reached through the website hitechro.net. Its registered office is in Surat, Gujarat, India.