About High Seas Properties Private Limited
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High Seas Properties Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2007PTC130028. Its GSTIN is 27AACCH1041H1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rahul Hemraj Mundada (Whole-Time Director) and Atul Hemraj Mundada (Whole-Time Director).
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 16/1 Parvati Chambers Sangam Press Road Off. Karve Road Kothrud Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.55 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.65 Cr (net margin 12.9%) and EBITDA of ₹3.44 Cr (EBITDA margin 16.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 7% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹173.23 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atulenterprises.com.
Company details
Contact details
High Seas Properties Private Limited's registered office is in Pune, Maharashtra. Its website is atulenterprises.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address16/1 Parvati Chambers Sangam Press Road Off. Karve Road Kothrud Pune, Maharashtra, India – 411029
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of High Seas Properties 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 Seas Properties 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 High Seas Properties Private Limited, buy the company report.
Financials of High Seas Properties Private Limited
FY 2025 filings availableHigh Seas Properties Private Limited reported revenue of ₹20.55 Cr (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 34% fall in the latest year. EBITDA rose 850% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.44 Cr | ||||
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| Net Profit (PAT) | ₹2.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 12.9% | ||||
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To see the full financial statements and ratios of High Seas Properties Private Limited, buy the company report.
Board of directors of High Seas Properties Private Limited
High Seas Properties has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Hemraj Mundada | Whole-Time Director | 23 Apr 2007 | 19 Years 6 Months | Current |
| Ramesh Chandra Sharma Also directs: Khutani Power Company Private Limited | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Atul Hemraj Mundada | Whole-Time Director | 23 Apr 2007 | 19 Years 6 Months | Current |
| Santosh Thakur | Director | 27 Mar 2010 | 16 Years 6 Months | Current |
Auditor
High Seas Properties Private Limited is audited by VIPIN GUJARATHI AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPIN GUJARATHI AND ASSOCIATES | FY 2022 | 108793W |
Shareholding
The shareholding of High Seas Properties Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of High Seas Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2020 | 100409182 | Others | ₹7.07 Cr | Satisfied | |
| 04 Sep 2018 | 100202529 | Others | ₹21 Cr | Satisfied | |
| 03 Aug 2017 | 100114990 | Others | ₹25 Cr | Satisfied | |
| 31 Aug 2016 | 100047694 | Others | ₹25 Cr | Satisfied | |
| 26 Feb 2015 | 10552485 | Icici Bank Ltd | ₹20 Cr | Satisfied |
To see the full charge records of High Seas Properties Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
High Seas Properties Private Limited has 3 court cases on record: 1 filed by High Seas Properties, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Westernhills Phase I Co Operative Housing Soicety Pvt.Ltd. Through Prakash Kewalram Nirwan and 1 other | Pending |
| Bombay High Court | Court case (CARAP) | Filed against the company by Prasanna Developers and 2 Ors. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Pune Municipal Corporation Through Commissioner | Disposed |
To see the full case history of High Seas Properties 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 Seas Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
High Seas Properties Private Limited has a workforce of 25 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
High Seas Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH1041H1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of High Seas Properties Private Limited, buy the company report.
Recent activity
High Seas Properties Private Limited has 9 board changes on record since 2007: 4 appointments and 5 cessations. The latest: Ramesh Chandra Sharma ceased to be Additional Director on 30 Nov 2021.
22 earlier events are in the company report.
Frequently asked questions
High Seas Properties is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 April 2007 (19+ years old) and is registered under CIN U70102PN2007PTC130028.
High Seas Properties has 4 current directors:
- Rahul Hemraj Mundada - Whole-Time Director
- Atul Hemraj Mundada - Whole-Time Director
- Ramesh Chandra Sharma - Director
- Santosh Thakur - Director
The latest financial statements of High Seas Properties 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 Seas Properties is 27AACCH1041H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of High Seas Properties is U70102PN2007PTC130028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
High Seas Properties has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
High Seas Properties was incorporated on 23 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
Ramesh Chandra Sharma ceased to be Additional Director on 30 Nov 2021. Ramesh Chandra Sharma was appointed as Director on 15 Jul 2021. Mayank Jain ceased to be Director on 25 Feb 2021. High Seas Properties has 9 board changes on record in total.
High Seas Properties can be reached through the website atulenterprises.com. Its registered office is in Pune, Maharashtra, India.
The registered office of High Seas Properties is at 161 Parvati Chambers Sangam Press Road Off. Karve Road Kothrud Pune, Maharashtra, India – 411029.