Hi-Class Buildcon Private Limited
About Hi-Class Buildcon Private Limited
Data last updated:
Hi-Class Buildcon Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Palava Dwellers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 March 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2007PTC168949. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Amit Ashok Kamble and Prakash Lavji Vaghela.
Its last annual general meeting (AGM) was held on 15 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹275.77 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹3.66 Cr (net margin 1.3%) and EBITDA of ₹3.7 Cr (EBITDA margin 1.3%).
As per MCA filings, the company had satisfied charges of ₹150 Cr on record. Court records list 32 cases involving the company, including 12 filed by the company and 20 filed against it; 12 cases are pending.
Company details
Contact details
Hi-Class Buildcon Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hi-Class Buildcon 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-Class Buildcon is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Hi-Class Buildcon Private Limited, buy the company report.
Financials of Hi-Class Buildcon Private Limited
FY 2017 filings availableHi-Class Buildcon Private Limited reported revenue of ₹275.77 Cr (up 114% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 114% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||
| EBITDA | ₹3.7 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.66 Cr | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.3% | ||
| Net Profit Margin | 1.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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| Receivable Days | |||
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To see the full financial statements and ratios of Hi-Class Buildcon Private Limited, buy the company report.
Board of directors of Hi-Class Buildcon Private Limited
Hi-Class Buildcon has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Ashok Kamble | Nominee Director | 04 Oct 2013 | 13 Years 0 Months | As last reported |
| Prakash Lavji Vaghela Also directs: Roselabs Finance Limited, SVP Global Textiles Limited, Diligent Media Corporation Limited and 5 more | Additional Director | 12 Jun 2018 | 8 Years 4 Months | As last reported |
| Mayank Chimanbhai Padiya Also directs: Roselabs Finance Limited | Additional Director | 12 Jun 2018 | 8 Years 4 Months | As last reported |
| Govind Agarwal | Additional Director | 12 Jun 2018 | 8 Years 4 Months | As last reported |
Peer comparison
Hi-Class Buildcon Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eldeco Infrastructure and Properties Limited | ₹277.35 Cr (FY 2024) | -9.0% | Faridabad, Haryana, India | |||
| Palladium Constructions Private Limited | ₹276.96 Cr (FY 2025) | -71.0% | Mumbai, Maharashtra, India | |||
| Hi-Class Buildcon Private Limitedthis company | ₹275.77 Cr (FY 2017) | ₹3.66 Cr | 1.3% | 114.0% | Mumbai, Maharashtra, India | |
| Reddy Structures Private Limited | ₹274.69 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Dra Aadithya South City Projects Private Limited | ₹274.02 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India | |||
| Om Shivam Buildcon Private Limited | ₹273.47 Cr (FY 2025) | 54.0% | Hingna, Maharashtra, India |
To see the full peer comparison of Hi-Class Buildcon Private Limited, buy the company report.
Auditor
Hi-Class Buildcon Private Limited is audited by Shanker and Kapani for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shanker and Kapani | FY 2016 | 117761W |
Shareholding
The shareholding of Hi-Class Buildcon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Hi-Class Buildcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2015 | 10582521 | Others | ₹150 Cr | Satisfied |
To see the full charge records of Hi-Class Buildcon Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Hi-Class Buildcon Private Limited has 32 court cases on record: 12 filed by Hi-Class Buildcon, 20 filed against it. 12 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 3 |
| High courts | 13 | 13 | 9 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Mr. Gajesh Labhchand Jain Resolution Professional of Capacite Structures Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by individuals | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Pending |
To see the full case history of Hi-Class Buildcon Private 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 Hi-Class Buildcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Class Buildcon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Hi-Class Buildcon Private Limited, buy the company report.
Recent activity
Hi-Class Buildcon Private Limited has 20 board changes on record since 2009: 4 appointments and 16 cessations. The latest: Govind Agarwal was appointed as Additional Director on 12 Jun 2018.
14 earlier events are in the company report.
Frequently asked questions
Hi-Class Buildcon has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hi-Class Buildcon was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 March 2007 and is registered under CIN U45200MH2007PTC168949. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hi-Class Buildcon was incorporated on 20 March 2007. It is registered with the Registrar of Companies, Mumbai.
Hi-Class Buildcon had 4 directors:
- Amit Ashok Kamble - Nominee Director
- Prakash Lavji Vaghela - Additional Director
- Mayank Chimanbhai Padiya - Additional Director
- Govind Agarwal - Additional Director
The CIN (Corporate Identification Number) of Hi-Class Buildcon is U45200MH2007PTC168949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hi-Class Buildcon is at 412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Hi-Class Buildcon on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 15 September 2017. Year-wise statements from 2015 are in the company report.
No. Hi-Class Buildcon has 1 GST registration on record and it is cancelled or inactive.
Hi-Class Buildcon operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Hi-Class Buildcon by revenue are Eldeco Infrastructure and Properties Limited, Palladium Constructions Private Limited, Reddy Structures Private Limited, Dra Aadithya South City Projects Private Limited, Om Shivam Buildcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Hi-Class Buildcon has 32 court cases on record: 12 filed by the company and 20 filed against it. 12 are pending. Most are in the district courts.