Higher Developers Limited
About Higher Developers Limited
Data last updated:
Higher Developers Limited is a public limited company based in Datia, Madhya Pradesh, India. It operates in the railways segment of the construction sector. It was incorporated on 06 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45201MP2009PLC021500. Its GSTIN is 23AACCH1949J1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sabir Ali Quazi and Manu Shrivastava.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 5/5 Near Old Telephone Exchange Bada Bazar, Datia, Madhya Pradesh, India – 475661.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,173, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹3.61 Lakh and EBITDA of ₹11,173 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 80% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Higher Developers Limited's registered office is in Datia, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/5 Near Old Telephone Exchange Bada Bazar, Datia, Madhya Pradesh, India – 475661
- IndustryConstruction, Railways, Buildings, Roads, Utility Projects
To see the full contact details of Higher 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
Business activity
The main business activity of Higher Developers is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Higher Developers Limited, buy the company report.
Financials of Higher Developers Limited
FY 2020 filings availableHigher Developers Limited reported revenue of ₹11,173 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. EBITDA fell 97% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹11,173 | ||||
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| Net Profit (PAT) | -₹3.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 100% | ||||
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To see the full financial statements and ratios of Higher Developers Limited, buy the company report.
Board of directors of Higher Developers Limited
Higher Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sabir Ali Quazi | Director | 06 Jan 2009 | 17 Years 9 Months | Current |
| Manu Shrivastava | Director | 30 May 2019 | 7 Years 4 Months | Current |
| Prakash Pal | Director | 30 May 2019 | 7 Years 4 Months | Current |
Peer comparison
Higher Developers Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Three Star Infra-Tel(India) Private Limited | ₹11,972 (FY 2025) | 5.0% | Sathy Road, Tamil Nadu, India | |||
| CGSB Construction Private Limited | ₹11,939 (FY 2025) | -97.0% | Latehar, Jharkhand, India | |||
| Sayyed Indcoms Private Limited | ₹11,379 (FY 2023) | 21.0% | Hingoli, Maharashtra, India | |||
| Chetak Contracts Private Limited | ₹11,273 (FY 2025) | -99.0% | Jamtara, Jharkhand, India | |||
| MCML Track & Structures Private Limited | ₹11,236 (FY 2016) | Bangalore, Karnataka, India | ||||
| Higher Developers Limitedthis company | ₹11,173 (FY 2020) | -₹3.61 Lakh | -100.0% | 4 | Datia, Madhya Pradesh, India | |
| A2z Powercom Limited | ₹11,000 (FY 2025) | -100.0% | Gurgaon, Haryana, India | |||
| Cannanore Engineers Construction Company Private Limited | ₹11,000 (FY 2018) | -69.0% | Kannur, Kerala, India | |||
| Binod Tiwary Contractors Private Limited | ₹10,846 (FY 2018) | -98.0% | Garhwa, Jharkhand, India | |||
| Harshu Constructions Private Limited | ₹10,840 (FY 2024) | -42.0% | Jabalpur, Madhya Pradesh, India | |||
| Ganesh Shiva Constructions Private Limited | ₹10,680 (FY 2023) | Palamu, Jharkhand, India |
To see the full peer comparison of Higher Developers Limited, buy the company report.
Shareholding
The shareholding of Higher Developers Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Higher Developers Limited, buy the company report.
Legal cases
Higher Developers Limited has 2 court cases on record: 1 filed by Higher Developers, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
| District court, Datia, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
To see the full case history of Higher 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 Higher Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Higher Developers Limited has a workforce of 4 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Higher Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCH1949J1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Higher Developers Limited, buy the company report.
Recent activity
Higher Developers Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Sabir Ali Quazi ceased to be Director on 18 Nov 2019.
Frequently asked questions
Higher Developers is an active public limited company based in Datia, Madhya Pradesh, India. The company works in railways, within the construction industry. It was incorporated on 06 January 2009 (17+ years old) and is registered under CIN U45201MP2009PLC021500.
Higher Developers has 3 current directors:
- Sabir Ali Quazi - Director
- Manu Shrivastava - Director
- Prakash Pal - Director
The latest financial statements of Higher Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Higher Developers is 23AACCH1949J1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Higher Developers is U45201MP2009PLC021500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Higher Developers has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Higher Developers was incorporated on 06 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Higher Developers by revenue are Three Star Infra-Tel(India) Private Limited, CGSB Construction Private Limited, Sayyed Indcoms Private Limited, Chetak Contracts Private Limited, MCML Track & Structures Private Limited and 5 more, all in the same principal business activity (roads, railways, utility projects).
Sabir Ali Quazi ceased to be Director on 18 Nov 2019. Manu Shrivastava was appointed as Director on 30 May 2019. Mohammed Rafique Khan ceased to be Director on 30 May 2019. Higher Developers has 8 board changes on record in total.
The registered office of Higher Developers is at 55 Near Old Telephone Exchange Bada Bazar, Datia, Madhya Pradesh, India – 475661.
Higher Developers operates in the construction industry, in the railways segment.