Hi-Tech Systems & Services LTD.

Hi-Tech Systems & Services LTD. - financial services in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74999WB1989PLC046263 Incorporated 16 February 1989 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2024
₹290.03 Cr
▲ 19.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.14 Cr
Issued & subscribed
Open charges
₹251.11 Cr
Satisfied ₹154.04 Cr
Company age
37 yrs
Est. 1989
Last financials
Mar 2024
Balance sheet date

About Hi-Tech Systems & Services LTD.

Data last updated:

Hi-Tech Systems & Services LTD. is a public limited company based in Kolkata, West Bengal, India. It specialises in equipment leasing and financing, a part of the broader financial services sector. Incorporated on 16 February 1989, the company has been in operation for over 37 years.

Registered with ROC Kolkata under CIN U74999WB1989PLC046263.

Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.14 Cr. Formerly known as Hi-Tech Systems & Services Private Limited. It is led by directors including Sudipta Kumar Mukherjee and Dharam Chand Agrawal.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: White House 5Th Floor 119 Park Street, Kolkata, West Bengal, India – 700016.

As per the financials filed for FY 2024, the company reported a revenue of ₹290.03 Cr, a growth of 19% compared to the previous year.

Its group structure includes 3 subsidiaries.

The company is associated with 2 brands - Hi-Tech Systems And Services Limited, Universal Magnetics. As per MCA filings, the company has open charges of ₹251.11 Cr and satisfied charges of ₹154.04 Cr 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 hitech.in.

Company Details of Hi-Tech Systems & Services LTD.
CIN U74999WB1989PLC046263
Registration Number 046263
Incorporation Date 16 February 1989
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    White House 5Th Floor 119 Park Street, Kolkata, West Bengal, India – 700016
  • Industry
    Financial Services, Equipment Leasing & Financing
Company report
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Financials, compliance, directors, charges, ownership and filings for Hi-Tech Systems & Services LTD. in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Hi-Tech Systems & Services

Hi-Tech Systems & Services has one previous CIN (Corporate Identification Number): L74999WB1989PLC046263. The current CIN is U74999WB1989PLC046263, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999WB1989PLC046263Current
L74999WB1989PLC046263Previous

Associated Brands with Hi-Tech Systems & Services

Hi-Tech Systems & Services operates two associated brands: Hi-Tech Systems and Services Limited and Universal Magnetics. Each brand links to its own profile.

BrandDescriptionWebsite
Provision of specialized products and engineering services to power and process industries in India.hitech.in
Manufacturing of dry type transformers and compact substations for power and industrial sectors.unimag.in

Business Activity of Hi-Tech Systems & Services

The main business activities of Hi-Tech Systems & Services are manufacturing, electricity, gas, steam and air condition supply and trade. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, electric power generation, transmission and distribution and wholesale trading. 3 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distributionLocked
GTradeG1Wholesale TradingLocked
NSupport service to OrganizationsN1Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activitiesLocked
KFinancial and insurance ServiceK8Other financial activitiesLocked
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Business activity turnover details for Hi-Tech Systems & Services LTD.

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Auditor Details of Hi-Tech Systems & Services

Hi-Tech Systems & Services LTD. is audited by J.S.VANZARA & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
J.S.VANZARA & ASSOCIATESLockedLockedLocked
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Complete auditor history for Hi-Tech Systems & Services LTD.

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Board of Directors of Hi-Tech Systems & Services LTD.

Hi-Tech Systems & Services has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudipta Kumar MukherjeeDirector30 May 20242 Years 4 MonthsCurrent
Dharam Chand AgrawalDirector23 Dec 200619 Years 9 MonthsCurrent
Samir BatraDirector21 Jul 20251 Years 2 MonthsCurrent
Narendra BansalDirector13 May 20224 Years 4 MonthsCurrent
Ajay Kumar TodiWhole-Time Director22 Jul 20242 Years 2 MonthsCurrent
Vivek DinodiaWhole-Time Director07 Nov 20178 Years 10 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Financials of Hi-Tech Systems & Services LTD. FY 2024 filings available

Hi-Tech Systems & Services LTD. reported revenue of ₹290.03 Cr (up 19.00% YoY) for FY 2024.

Revenue · FY 2024
₹290.03 Cr ▲ 19.00%
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Ten-year financial statements for Hi-Tech Systems & Services LTD.

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Hi-Tech Systems & Services

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Shareholding and ownership data for Hi-Tech Systems & Services LTD.

Promoter, institutional, public and beneficial ownership figures are in the company report.

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Group Structure of Hi-Tech Systems & Services LTD.

Hi-Tech Systems & Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

3
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Electro Zavod(India)Pvt LtdU31200WB1973PTC028846Locked
Aks Universal Magnetics Private LimitedU31900WB2007PTC116638Locked
Buka Power Plant Consultants Private LimitedU74999TN2014PTC096101Locked

Showing major subsidiaries. Total: 3.

Charges & Borrowings of Hi-Tech Systems & Services

Open charges
₹251.11 Cr
Satisfied charges
₹154.04 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹113.69 Cr
Others₹84.17 Cr
Hdfc Bank Limited₹42.00 Cr
Indian Overseas Bank₹11.25 Cr
Latest charge details
DateLenderAmountStatus
28 Jan 2025The Hongkong and Shanghai Banking Corporation Limited₹61.69 CrOpen
31 Jan 2023Others₹20 LakhOpen
22 Dec 2021The Hongkong and Shanghai Banking Corporation Limited₹16 CrOpen
09 Feb 2017Hdfc Bank Limited₹42 CrOpen
26 May 2014The Hongkong and Shanghai Banking Corporation Limited₹36 CrOpen

Total charge records: 21 View all charges

Employees and EPFO Compliance at Hi-Tech Systems & Services

Employment history and EPFO contributions of people linked to Hi-Tech Systems & Services.

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Employee and EPFO history for Hi-Tech Systems & Services LTD.

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Hi-Tech Systems & Services

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GST registrations and filing compliance for Hi-Tech Systems & Services LTD.

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Credit Ratings, Litigation & Regulatory Alerts for Hi-Tech Systems & Services

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Credit ratings, litigation, and regulatory alerts for Hi-Tech Systems & Services LTD.

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MSME Payment Delays by Hi-Tech Systems & Services

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MSME payment history for Hi-Tech Systems & Services LTD.

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Hi-Tech Systems & Services

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Corporate group structure for Hi-Tech Systems & Services LTD.

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MCA Filings & Documents of Hi-Tech Systems & Services

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MCA filings and documents for Hi-Tech Systems & Services LTD.

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  • Annual returns and statements
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Recent Activity on Hi-Tech Systems & Services

Charges
09 Dec 2025
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 61.69 Cr registered on 28 Jan 2025 with Charge ID 101043599 was modified on 09 Dec 2025.
Directors
21 Jul 2025
Samir Batra was appointed as a Director on 21 Jul 2025 & has been associated with this company since 1 year 2 months.
Charges
28 Jan 2025
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 61.69 Cr with Charge ID 101043599 was registered on 28 Jan 2025.
Charges
27 Jan 2025
A charge registered on 28 Sep 2022 via Charge ID 100617452 with Axis Bank Limited was fully satisfied on 27 Jan 2025.
Charges
27 Oct 2024
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 36.00 Cr registered on 26 May 2014 with Charge ID 10496117 was modified on 27 Oct 2024.
Activity
30 Sep 2024
Hi-Tech Systems & Services Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

Frequently Asked Questions about Hi-Tech Systems & Services LTD.

Hi-Tech Systems & Services is an active public limited company in the financial services sector based in Kolkata, West Bengal, India. It was incorporated on 16 February 1989 (37+ years old) and is registered under CIN U74999WB1989PLC046263.

Hi-Tech Systems & Services reported revenue of ₹290.03 Cr for FY 2024 (up 19.00% YoY).

The current directors of Hi-Tech Systems & Services are:

The primary industry of Hi-Tech Systems & Services is financial services. The company specifically operates in equipment leasing and financing. The company is currently active in this sector.

Hi-Tech Systems & Services can be reached at the registered office: White House 5Th Floor 119 Park Street, Kolkata, West Bengal, India – 700016, or through the website hitech.in.

The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.14 Cr.

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