Hittco Properties Private Limited

Hittco Properties Private Limited - real estate and construction in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U70100KA1996PTC020745 Incorporated 03 July 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Converted to LLP Private Limited Company real estate and construction
Data last updated
Revenue · FY 2015
₹35 Lakh
▲ 2817% YoY
Net loss · FY 2015
₹7.61 Lakh
Net margin -21.7%
EBITDA · FY 2015
-₹3.21 Lakh
EBITDA margin -9.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Satisfied charges
₹2.55 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
5
As per MCA filings

About Hittco Properties Private Limited

Data last updated:

Hittco Properties Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 July 1996.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA1996PTC020745.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It was formerly known as Citadel Software Private Limited. It was led by directors including Kulkarni Raghavendra Rao and Sidharth Bhandari.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 9 14th B Main Vasanth Nagar, Bangalore, Karnataka, India – 560052.

As per the financials filed for FY 2015, the company reported a revenue of ₹35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.61 Lakh (net margin -21.7%) and EBITDA of -₹3.21 Lakh (EBITDA margin -9.2%).

As per MCA filings, the company has satisfied charges of ₹2.55 Cr on record.

The last known website on record is hittco.com.

Company Details of Hittco Properties Private Limited
CIN U70100KA1996PTC020745
Registration Number 020745
Incorporation Date 03 July 1996
ROC Bangalore
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    9 14th B Main Vasanth Nagar, Bangalore, Karnataka, India – 560052
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Hittco Properties Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Hittco Properties Private Limited FY 2015 filings available

Hittco Properties Private Limited reported revenue of ₹35 Lakh (up 2817% YoY) for FY 2015.

Revenue · FY 2015
₹35 Lakh ▲ 2817%
Net loss · FY 2015
₹7.61 Lakh margin -21.7%
EBITDA · FY 2015
-₹3.21 Lakh margin -9.2%

Financial Statement Summary of Hittco Properties Private Limited

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations₹35 Lakh
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA-₹3.21 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)-₹7.61 Lakh
Balance Sheet
Share Capital••••
Reserves and Surplus••••
Net Worth (Total Equity)••••
Long-term Borrowings••••
Short-term Borrowings••••
Trade Payables••••
Total Liabilities••••
Fixed Assets••••
Investments••••
Inventories••••
Trade Receivables••••
Cash and Bank Balance••••
Total Assets••••

Financial Ratios of Hittco Properties Private Limited

MetricsFY 2014-15
Profitability
EBITDA Margin-9.2%
Net Profit Margin-21.7%
Return on Equity (ROE)••••
Return on Capital Employed (ROCE)••••
Return on Assets (ROA)••••
Liquidity and Debt
Current Ratio••••
Quick Ratio••••
Debt-to-Equity Ratio••••
Interest Coverage Ratio••••
Efficiency and Growth
Asset Turnover••••
Receivable Days••••
Payable Days••••
Inventory Days••••
Revenue Growth••••
Net Profit Growth••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Hittco Properties are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Hittco Properties Private Limited

Hittco Properties Private Limited is audited by NAGESH & MYLAR for the financial year 2015.

NameStatusAppointment DateCessation Date
NAGESH & MYLARLockedLockedLocked
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Board of Directors of Hittco Properties Private Limited

Hittco Properties has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kulkarni Raghavendra RaoDirector25 Aug 200917 Years 1 MonthsAs last reported
Sidharth BhandariDirector13 Aug 200719 Years 1 MonthsAs last reported
Surendra BhandariDirector13 Aug 200719 Years 1 MonthsAs last reported
Madhu BhandariDirector15 Apr 201313 Years 5 MonthsAs last reported
Manesha BhandariDirector15 Apr 201313 Years 5 MonthsAs last reported

Ownership and Shareholding of Hittco Properties Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Hittco Properties Private Limited

Open charges
None
Satisfied charges
₹2.55 Cr
Breakdown by lending institutions
Kotak Mahindra Bank Limited₹2.55 Cr
Latest charge details
DateLenderAmountStatus
25 May 2012Kotak Mahindra Bank Limited₹2.55 CrSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Hittco Properties Private Limited

Employment history and EPFO contributions of people linked to Hittco Properties.

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Employee and EPFO history

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

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CIN History of Hittco Properties Private Limited

Hittco Properties has one previous CIN (Corporate Identification Number): U72200KA1996PTC020745. The current CIN is U70100KA1996PTC020745, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70100KA1996PTC020745Current
U72200KA1996PTC020745Previous

Recent Activity on Hittco Properties Private Limited

Hittco Properties Private Limited has 12 board changes on record since 2007: 5 appointments and 7 cessations. The latest: Sharad Bhandari ceased to be Director on 30 Jun 2015.

AGM
Hittco Properties Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Ceased
Sharad Bhandari ceased to be Director.
Filing
Hittco Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore.
Charges
A charge registered on 25 May 2012 via Charge ID 10365043 with Kotak Mahindra Bank Limited was fully satisfied on 31 Jan 2015.
Ceased
Manesha Bhandari ceased to be Additional Director.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 255.00 Lakh registered on 25 May 2012 with Charge ID 10365043 was modified on 19 Jun 2013.
Appointed
Madhu Bhandari was appointed as Director.
Appointed
Manesha Bhandari was appointed as Director.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 255.00 Lakh with Charge ID 10365043 was registered on 25 May 2012.
Ceased
Madhu Bhandari ceased to be Director.
Ceased
Kulkarni Raghavendra Rao ceased to be Additional Director.
Appointed
Kulkarni Raghavendra Rao was appointed as Director.

6 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Hittco Properties Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Hittco Properties Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Hittco Properties Private Limited

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GST Compliance of Hittco Properties Private Limited

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GST registrations and filing compliance

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MCA Filings & Documents of Hittco Properties Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Hittco Properties Private Limited

Hittco Properties has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Hittco Properties was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 July 1996 and is registered under CIN U70100KA1996PTC020745. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Hittco Properties is U70100KA1996PTC020745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Hittco Properties had 5 directors:

Hittco Properties was incorporated on 03 July 1996. It is registered with the Registrar of Companies, Bangalore.

Hittco Properties can be reached through the website hittco.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Hittco Properties is at 9 14th B Main Vasanth Nagar, Bangalore, Karnataka, India – 560052.

Hittco Properties reported revenue of ₹35 Lakh for FY 2015 (up 2817% YoY).

Hittco Properties has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh.

Hittco Properties reported a net loss of ₹7.61 Lakh (net margin -21.7%) and EBITDA of -₹3.21 Lakh (EBITDA margin -9.2%) for FY 2015, as per its filed financial statements.

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