Hit Kit Global Solutions Ltd Company Summary

Hit Kit Global Solutions Ltd Summary

Hit Kit Global Solutions Limited, formerly known as Sun Beam Infotech Limited was incorporated as Private Limited Company on December 6, 1988. The Company name was changed from Sun Beam Infotech Limited to Hit Kit Global Solutions Limited on February 23, 2007. The Company started its business in the hospitality sector and in the name of Rituraj Holiday Resorts Ltd., it diverted into Software development. Presently, the Company is focusing mainly on agri-business value chain.During the year 2002 the company has been sub-divided its Face Value of Equity Share from Rs.10 each to Rs.2 each and the total Paid up capital of the company stood at Rs.7.00 crores.Parle Software Ltd and Nav-Parva Technologies Pvt Ltd are Whollyowned subsidiaries of Sun Beam Infotech Ltd.The Company completed the development of Retail Software in 2007. It got into the organized retail Market in India which includes Contract farming and selling of speciality Ayurvedic herbal produce in 2008.During the year 2010, the company concentrated it activities in Retail of E-Horoscope i.e. Om Astrosoft. It started E-Horoscope reports in regional languages to its customers through counters, spread across the retail outlets and further developed its marketing of PSExcise software by tieingup with Priti Software.During year 2017-18, Company formalized the Joint Venture on 15 September, 2017, to be known in the name of Engineers India Associates for operations of resort project near Lonavala, Dist. Pune. It focused mainly on agri-business value chain by carrying out retailing of vegetables to the small vendors at the APMC market.The Company started implementation of the resort project in 2017-18.In the financial year 2023-24, Company has adopted the unique strategy to set up Luxurious Tented Villas (temporary structures), instead of luxurious villas and cottages (permanent & costly structure) in the resort project, thereby minimizing the capex and by passing the tidious process of obtaining development permissions from authorities.