High Rise Yarns Private Limited
About High Rise Yarns Private Limited
Data last updated:
High Rise Yarns Private Limited is a private limited company based in Dombivli, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2011PTC212083. Its GSTIN is 24AACCH5713L1ZM (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Girish Vasudeo Hanchate and Vasudeo Mahadeo Hanchate.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 1102 Angelica Bldg No. 21 Regency Estate Nr. Jondhale Engg. College Kalyan Shil Road, Dombivli, Maharashtra, India – 421203.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.77 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹89,000 (net margin 0.2%) and EBITDA of ₹7.38 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹78 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
High Rise Yarns Private Limited's registered office is in Dombivli, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA 1102 Angelica Bldg No. 21 Regency Estate Nr. Jondhale Engg. College Kalyan Shil Road, Dombivli, Maharashtra, India – 421203
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of High Rise Yarns 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 High Rise Yarns is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of High Rise Yarns Private Limited, buy the company report.
Financials of High Rise Yarns Private Limited
FY 2025 filings availableHigh Rise Yarns Private Limited reported revenue of ₹3.77 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 288% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.38 Lakh | ||||
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| Net Profit (PAT) | ₹89,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of High Rise Yarns Private Limited, buy the company report.
Board of directors of High Rise Yarns Private Limited
High Rise Yarns has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Vasudeo Hanchate | Director | 08 Feb 2011 | 15 Years 9 Months | Current |
| Vasudeo Mahadeo Hanchate | Director | 10 Jan 2011 | 15 Years 9 Months | Current |
| Poonam Harshal Hanchate | Director | 21 Jan 2014 | 12 Years 9 Months | Current |
| Harshal Vasudeo Hanchate | Director | 17 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
High Rise Yarns Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zeal Corrugation Private Limited | ₹3.78 Cr (FY 2024) | -56.0% | Vadodara, Gujarat, India | |||
| Choice Collection (India) Private Limited | ₹3.78 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India | |||
| High Rise Yarns Private Limitedthis company | ₹3.77 Cr (FY 2025) | ₹89,000 | 0.2% | -18.0% | Dombivli, Maharashtra, India | |
| Inch Trade Private Limited | ₹3.77 Cr (FY 2024) | -33.0% | Surat, Gujarat, India | |||
| Khoob Soorat Fabrics Private Limited | ₹3.75 Cr (FY 2024) | 4280.0% | New Delhi, Delhi, India |
To see the full peer comparison of High Rise Yarns Private Limited, buy the company report.
Auditor
High Rise Yarns Private Limited is audited by P M TAMBE & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M TAMBE & CO | FY 2019 | 112707W |
Shareholding
The shareholding of High Rise Yarns Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | 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 Rise Yarns Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2011 | 10317424 | The Cosmos Co-Op Bank Ltd | ₹78 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
High Rise Yarns Private Limited has 1 court case on record: 1 filed by High Rise Yarns. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S. Wajeeha Traders Through Jamal Khan | Pending |
To see the full case history of High Rise Yarns 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 High Rise Yarns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
High Rise Yarns has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCH5713L1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of High Rise Yarns Private Limited, buy the company report.
Recent activity
High Rise Yarns Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Harshal Vasudeo Hanchate was appointed as Director on 17 Jan 2026.
Frequently asked questions
High Rise Yarns is an active private limited company based in Dombivli, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 January 2011 (15+ years old) and is registered under CIN U17120MH2011PTC212083.
High Rise Yarns has 4 current directors:
- Girish Vasudeo Hanchate - Director
- Vasudeo Mahadeo Hanchate - Director
- Poonam Harshal Hanchate - Director
- Harshal Vasudeo Hanchate - Director
The latest financial statements of High Rise Yarns on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of High Rise Yarns is 24AACCH5713L1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of High Rise Yarns is U17120MH2011PTC212083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High Rise Yarns has 1 court case on record: 1 filed by the company. 1 is pending.
High Rise Yarns was incorporated on 10 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of High Rise Yarns by revenue are Zeal Corrugation Private Limited, Choice Collection (India) Private Limited, Inch Trade Private Limited, Khoob Soorat Fabrics Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Harshal Vasudeo Hanchate was appointed as Director on 17 Jan 2026. Poonam Harshal Hanchate ceased to be Additional Director on 30 Sep 2014. Harshal Vasudeo Hanchate ceased to be Director on 21 Jan 2014. High Rise Yarns has 6 board changes on record in total.
The registered office of High Rise Yarns is at A 1102 Angelica Bldg No. 21 Regency Estate Nr. Jondhale Engg. College Kalyan Shil Road, Dombivli, Maharashtra, India – 421203.
High Rise Yarns operates in the manufacturing industry, in the textile and fabric production segment.
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