Pratik Hytech Works Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.00 Cr
- Satisfied Charges ₹ 3.02 Cr
- Revenue Growth 15.14%
- Profit Growth 242.37%
- Ebitda 124.57%
- Net Worth 16.88%
- Total Assets 13.95%
About Pratik Hytech Works
Pratik Hytech Works Private Limited (PHWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2004 and has a history of 20 years and eight months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹3.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suresh Akbari, Maheshbhai Thumar, Parthiv Akbari, and One other member serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300GJ2004PTC044766
- Company No.
044766
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Sep 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
What products or services does Pratik Hytech Works Private Limited offer?
Pratik Hytech Works Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Industrial Bearings, Engine Components, Engine Connecting Rod, Engine & Engine Spare Parts, Piston & Crankshaft Assemblies, Rocker Arm Assembly, Camshafts, Engine Camshaft, Rocker Arms.
Pratik Hytech Works Private Limited
Explore comprehensive data for Pratik Hytech Works Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pratik Hytech Works?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Akbari  | Director | 20-Sep-2004 | Current |
| Maheshbhai Thumar | Director | 20-Sep-2004 | Current |
| Parthiv Akbari | Additional Director | 20-Jul-2018 | Current |
| Sarojben Akbari | Director | 05-Aug-2015 | Current |
Financial Performance of Pratik Hytech Works.
Pratik Hytech Works Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 15.14% increase. The company also saw a substantial improvement in profitability, with a 242.37% increase in profit. The company's net worth Soared by an impressive increase of 16.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Pratik Hytech Works?
In 2021, Pratik Hytech Works had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Spirotech Automek Private LimitedSuresh Akbari, Maheshbhai Thumar and 2 more are mutual person
- A. P. Autotech Private Limited
Suresh Akbari and Parthiv Akbari are mutual person
Charges (Loans)
Open Charges
₹1.00 Cr
Satisfied Charges
₹3.02 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2015 | Hdfc Bank Limited | ₹1.00 Cr | Open |
| 06 Aug 2012 | Icici Bank Limited | ₹1.59 Cr | Satisfied |
| 07 Sep 2010 | Central Bank Of India | ₹7.18 M | Satisfied |
| 18 Jul 2007 | Central Bank Of India | ₹0.58 M | Satisfied |
| 02 Sep 2006 | Central Bank Of India | ₹6.50 M | Satisfied |
How Many Employees Work at Pratik Hytech Works?
Pratik Hytech Works has a workforce of 20 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pratik Hytech Works, 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 Pratik Hytech Works's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
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.
Latest Updates, News, and FAQs on Pratik Hytech Works
Recent activity within the organization
- Annual General Meeting
Pratik Hytech Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Pratik Hytech Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 1.00 Cr registered on 06 Nov 2015 with Charge ID 10602888 was modified on 09 Jan 2020.
- Director Appointment
Parthiv Sureshbhai Akbari was appointed as a Additional Director was appointed as a Additional Director on 20 Jul 2018 & has been associated with this company since 6 years 10 months .
- Charges
A charge registered on 06 Aug 2012 via Charge ID 10371735 with Icici Bank Limited was fully satisfied on 30 Jan 2016.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10602888 was registered on 06 Nov 2015.
Frequently asked questions
What is the Incorporation or founding date of Pratik Hytech Works Private Limited?
Pratik Hytech Works Private Limited was incorporated on 20 Sep 2004.
What is authorized share capital and paid-up capital of Pratik Hytech Works Private Limited?
The authorized share capital of Pratik Hytech Works Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Pratik Hytech Works Private Limited?
Currently 4 directors are associated with Pratik Hytech Works Private Limited.
- Suresh Mohanlal Akbari
- Maheshbhai Keshubhai Thumar
- Parthiv Sureshbhai Akbari
- Sarojben Sureshbhai Akbari
What is the registered address of Pratik Hytech Works Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pratik Hytech Works Private Limited is Plot G /1603 Road No 5 Nr Telephone Exchange Gidc Metoda ( Lodhika Gidc) Rajkot India, Metoda Rajkot, Gujarat, 360021.
What is the corporate identification number (CIN) and company number of Pratik Hytech Works Private Limited?
The corporate identification number (CIN) of Pratik Hytech Works Private Limited is U34300GJ2004PTC044766 and the company number is 044766 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pratik Hytech Works Private Limited?
The Official website of Pratik Hytech Works Private Limited is https://www.pratikhytech.com
What has been the recent revenue trend for Pratik Hytech Works Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Pratik Hytech Works Private Limited has risen by 15.14%.
How many employees does Pratik Hytech Works Private Limited currently have?
As Per 2021 financial reports, 20 employees are currently employed by Pratik Hytech Works Private Limited.
What change has been observed in the net worth of Pratik Hytech Works Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Pratik Hytech Works Private Limited has experienced an upsurge of 16.88%.
What are the total open charges for Pratik Hytech Works Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Pratik Hytech Works Private Limited amount to ₹ 1.00 Cr.
When was the last Balance Sheet of Pratik Hytech Works Private Limited filed with the ROC?
The most recent Balance Sheet for Pratik Hytech Works Private Limited was filed with the ROC on 31 Mar 2024.
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