About Unitech Hi-Tech Developers Limited
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Unitech Hi-Tech Developers Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Unitech Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2006PLC144322. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Salil Narang and Krishna Manohar.
Its last annual general meeting (AGM) was held on 26 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Basement 6 Community Centresaket New Delhi Saket New Delhi, Delhi, India.
As per the financials filed for FY 2015, the company reported a revenue of ₹185.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹34.16 Cr (net margin -18.5%) and EBITDA of -₹41.72 Cr (EBITDA margin -22.5%).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Unitech Group. As per MCA filings, the company has open charges of ₹400 Cr on record. Court records list 44 cases involving the company, including 3 filed by the company and 41 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unitechgroup.com.
Company details
Contact details
Unitech Hi-Tech Developers Limited's registered office is in New Delhi, Delhi. Its website is unitechgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBasement 6 Community Centresaket New Delhi Saket New Delhi, Delhi, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Unitech Hi-Tech Developers 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
Brands
Unitech Hi-Tech Developers operates one associated brand: Unitech Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial projects are developed by Unitech Group. | unitechgroup.com |
Financials of Unitech Hi-Tech Developers Limited
FY 2015 filings availableUnitech Hi-Tech Developers Limited reported revenue of ₹185.13 Cr (up 259% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 259% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹185.13 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹41.72 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹34.16 Cr |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -22.5% |
| Net Profit Margin | -18.5% |
| 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 | |
To see the full financial statements and ratios of Unitech Hi-Tech Developers Limited, buy the company report.
Board of directors of Unitech Hi-Tech Developers Limited
Unitech Hi-Tech Developers has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salil Narang | Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Krishna Manohar Also directs: Unitech Business Parks Limited, Unitech Industries Limited, New India Construction Company Ltd and 5 more | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
| Rajesh Kumar Tiwari Also directs: Unitech Business Parks Limited, Unitech Industries Limited, Unitech Builders Limited and 5 more | Director | 09 Apr 2024 | 2 Years 6 Months | Current |
Auditor
Unitech Hi-Tech Developers Limited is audited by GOEL GARG & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOEL GARG & CO | FY 2015 | 000397N |
Shareholding
The shareholding of Unitech Hi-Tech Developers Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Unitech Hi-Tech Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2006 | 10012118 | Allahabad Bank | ₹400 Cr | Open |
To see the full charge records of Unitech Hi-Tech Developers Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Unitech Hi-Tech Developers Limited has 44 court cases on record: 3 filed by Unitech Hi-Tech Developers, 41 filed against it. 17 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 21 | 7 |
| High courts | 13 | 12 | 5 |
| Supreme Court | 9 | 8 | 5 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WTAX) | Filed against the company by M/S Akashganga Infraventures India Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Arvind Overseas Project Services Pvt.Ltd. | Pending |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Frog Cellsat Limited | Pending |
| District court, South, Delhi | Criminal case | Filed against the company by M/S An Infracon Pvt. Ltd. | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by M/S Mitsubishi Elevator India Pvt. Ltd. | Disposed |
To see the full case history of Unitech Hi-Tech Developers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Unitech Hi-Tech Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Unitech Hi-Tech Developers has 1 subsidiary company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Unitech Acacia Projects Private Limited | U31908DL2007PTC170020 |
To see the full group structure of Unitech Hi-Tech Developers Limited, buy the company report.
GST
Unitech Hi-Tech Developers has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Unitech Hi-Tech Developers Limited, buy the company report.
Recent activity
Unitech Hi-Tech Developers Limited has 14 board changes on record since 2009: 3 appointments and 11 cessations. The latest: Rajesh Kumar Tiwari was appointed as Director on 09 Apr 2024.
7 earlier events are in the company report.
News
Frequently asked questions
Unitech Hi-Tech Developers is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 January 2006 (20+ years old) and is registered under CIN U45201DL2006PLC144322.
Unitech Hi-Tech Developers has 3 current directors:
- Salil Narang - Director
- Krishna Manohar - Director
- Rajesh Kumar Tiwari - Director
The latest financial statements of Unitech Hi-Tech Developers on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 26 September 2015. Year-wise statements from 2015 are in the company report.
No. Unitech Hi-Tech Developers has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Unitech Hi-Tech Developers is U45201DL2006PLC144322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unitech Hi-Tech Developers has 44 court cases on record: 3 filed by the company and 41 filed against it. 17 are pending. Most are in the district courts.
Unitech Hi-Tech Developers was incorporated on 02 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Rajesh Kumar Tiwari was appointed as Director on 09 Apr 2024. Kuldeep Kumar Varshney ceased to be Director on 23 Feb 2024. Krishna Manohar was appointed as Director on 02 Sep 2022. Unitech Hi-Tech Developers has 14 board changes on record in total.
Unitech Hi-Tech Developers can be reached through the website unitechgroup.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Unitech Hi-Tech Developers is at Basement 6 Community Centresaket New Delhi Saket New Delhi, Delhi, India.