Hi Life Steels Private Limited
About Hi Life Steels Private Limited
Data last updated:
Hi Life Steels Private Limited was a private limited company based in Delhi, 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 metals retail and distribution segment of the metals and mining sector. It was incorporated on 03 August 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL2004PTC128048.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Priyanka Vaish and Ankur Vaish.
Its last annual general meeting (AGM) was held on 21 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at E – 914 Ground Floor Chittranjan Park, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.8 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Lakh (net margin 31.6%) and EBITDA of ₹3.73 Lakh (EBITDA margin 42.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Company details
Contact details
Hi Life Steels Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 914 Ground Floor Chittranjan Park, Delhi, India – 110019
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Hi Life Steels Private 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
Business activity
The main business activity of Hi Life Steels is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Hi Life Steels Private Limited, buy the company report.
Financials of Hi Life Steels Private Limited
FY 2023 filings availableHi Life Steels Private Limited reported revenue of ₹8.8 Lakh (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA fell 37% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.78 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.4% | ||||
| Net Profit Margin | 31.6% | ||||
| 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 Hi Life Steels Private Limited, buy the company report.
Board of directors of Hi Life Steels Private Limited
Hi Life Steels has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Vaish Also directs: Omega Trends Private Limited, D V Packing Private Limited | Director | 31 Aug 2019 | 7 Years 2 Months | As last reported |
| Ankur Vaish Also directs: Omega Trends Private Limited, D V Packing Private Limited | Director | 14 Sep 2012 | 14 Years 2 Months | As last reported |
Auditor
Hi Life Steels Private Limited is audited by V C GARG & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C GARG & CO | FY 2020 | 020325N |
Shareholding
The shareholding of Hi Life Steels Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hi Life Steels Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hi Life Steels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hi Life Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Hi Life Steels Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hi Life Steels Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Namit Sureka ceased to be Director on 25 Jul 2020.
Frequently asked questions
Hi Life Steels 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.
Hi Life Steels was a private limited company based in Delhi, India. The company worked in metal retail and distribution, within the metals and minerals industry. It was incorporated on 03 August 2004 and is registered under CIN U27109DL2004PTC128048. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Hi Life Steels is U27109DL2004PTC128048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi Life Steels had 2 directors:
- Priyanka Vaish - Director
- Ankur Vaish - Director
Hi Life Steels was incorporated on 03 August 2004. It is registered with the Registrar of Companies, Delhi.
The registered office of Hi Life Steels is at E – 914 Ground Floor Chittranjan Park, Delhi, India – 110019.
The latest financial statements of Hi Life Steels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 21 July 2023. Year-wise statements from 2015 are in the company report.
Hi Life Steels operated in the metals and minerals industry, in the metal retail and distribution segment.
Namit Sureka ceased to be Director on 25 Jul 2020. Pooja Jain ceased to be Director on 25 Jul 2020. Priyanka Vaish was appointed as Director on 31 Aug 2019. Hi Life Steels has 9 board changes on record in total.
The compliance status of Hi Life Steels is compliant as of 24 August 2026.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
