About High City Retail Private Limited
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High City Retail Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 03 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52390DL2012PTC229601. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹26.5 Lakh. It is led by directors including Sherfur Rehman and Zuhaib Tufail Khan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C – 110 Rajupark Khanpur Devli Road, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.52 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹8.6 Lakh (net margin -100.9%) and EBITDA of -₹7.9 Lakh (EBITDA margin -92.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
The company is associated with 1 brand: ShopAtPlaces. The company has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shopatplaces.com.
Company details
Contact details
High City Retail Private Limited's registered office is in New Delhi, Delhi. Its website is shopatplaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 110 Rajupark Khanpur Devli Road, New Delhi, Delhi, India – 110062
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of High City Retail 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
Brands
High City Retail operates one associated brand: ShopAtPlaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online portal showcasing the best buys from across India. | shopatplaces.com |
Financials of High City Retail Private Limited
FY 2019 filings availableHigh City Retail Private Limited reported revenue of ₹8.52 Lakh (down 90% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 90% fall 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹8.52 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7.9 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹8.6 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -92.7% | |||
| Net Profit Margin | -100.9% | |||
| 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 High City Retail Private Limited, buy the company report.
Board of directors of High City Retail Private Limited
High City Retail has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sherfur Rehman | Director | 03 Jan 2012 | 14 Years 10 Months | Current |
| Zuhaib Tufail Khan | Director | 03 Jan 2012 | 14 Years 10 Months | Current |
| Vipul Prakash Also directs: Ushta Te Consultancy Services LLP, Diensten Tech Limited, Wow Equipment & Infra Private Limited and 4 more | Additional Director | 06 Feb 2015 | 11 Years 9 Months | Current |
Auditor
High City Retail Private Limited is audited by A SINGHAL & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SINGHAL & ASSOCIATES | FY 2018 | 010429C |
Shareholding
The shareholding of High City Retail Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of High City Retail Private Limited, buy the company report.
Deals & funding
High City Retail Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Funding round | ₹50 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving High City Retail 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 High City Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
High City Retail 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 High City Retail Private Limited, buy the company report.
Recent activity
High City Retail Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Hari Balasubramanian ceased to be Additional Director on 15 Mar 2019.
Frequently asked questions
High City Retail is an active private limited company based in New Delhi, Delhi, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 03 January 2012 (14+ years old) and is registered under CIN U52390DL2012PTC229601.
High City Retail has 3 current directors:
- Sherfur Rehman - Director
- Zuhaib Tufail Khan - Director
- Vipul Prakash - Additional Director
The latest financial statements of High City Retail on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. High City Retail has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of High City Retail is U52390DL2012PTC229601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High City Retail was incorporated on 03 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
High City Retail has 1 deal on record (1 funding round), with disclosed funding of ₹50 Lakh; the latest was in May 2015.
Hari Balasubramanian ceased to be Additional Director on 15 Mar 2019. Vipul Prakash ceased to be Additional Director on 30 Jan 2019. Vipul Prakash was appointed as Additional Director on 06 Feb 2015. High City Retail has 5 board changes on record in total.
High City Retail can be reached through the website shopatplaces.com. Its registered office is in New Delhi, Delhi, India.
The registered office of High City Retail is at C – 110 Rajupark Khanpur Devli Road, New Delhi, Delhi, India – 110062.
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