High Spirit Commercial Ventures Private Limited - Company Profile

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 2012.

2012 Mumbai, Maharashtra, India Active

Last Updated: December 31, 2025

About High Spirit Commercial Ventures Private Limited

High Spirit Commercial Ventures Private Limited, a active private limited company, was established on 14 June 2012 in Mumbai, Maharashtra, India. Engaging in lifestyle products & accessories manufacturing within the manufacturing sector, it holds CIN: U19115MH2012PTC232201. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹1.04 Cr.

It upholds a compliant status. Employing 413 professional, Its leadership includes Rashmi Jain (Director), Mulchand Jain (Director), Tushar Jain (Director). Past directors included Abhishek Jain. It holds ₹104.87 Cr open charges and ₹42.73 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2024. It is based at Universal Majestic, 1009-1010 10Th Floor, P L Lokhande Marg Ghatkopar Mankhurd Link Ro, Ad Govandi, Mumbai, Maharashtra, 400043.

Company Details

CIN/LLPIN
U19115MH2012PTC232201
Registration Number
232201
Incorporation Date
14 June 2012
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹1.04 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 31-12-2025
Paid Up Capital ₹ 1.04 Cr as on 31-12-2025
Company Age 13 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 104.87 Cr as on 31-12-2025
Satisfied Charges ₹ 42.73 Cr as on 31-12-2025
Revenue Growth **** 44.26% (FY 2023)
Profit Growth **** 29.12% (FY 2023)
Ebitda **** 47.58% (FY 2023)
Net Worth 7.81% (FY 2023)
Total Assets **** 10.32% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into High Spirit Commercial Ventures Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at High Spirit Commercial Ventures Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rashmi Jain	Director	14 Jun 2012	Current
Mulchand Jain	Director	14 Jun 2012	Current
Tushar Jain	Director	14 Jun 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Chief Financial Officer	-	Past

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Financial Performance of High Spirit Commercial Ventures.

High Spirit Commercial Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.26% increase. The company also saw a substantial improvement in profitability, with a 29.12% increase in profit. The company's net worth moved up by a moderate rise of 7.81%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

44.26%

*******

Revenue from Operations

*******

46.12%

*******

Total Assets

*******

10.32%

*******

Profit or Loss

*******

29.12%

*******

Net Worth

*******

7.81%

*******

EBITDA

*******

47.58%

*******

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What is the Ownership and Shareholding Structure of High Spirit Commercial Ventures?

In 2023, High Spirit Commercial Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,048,674,298.00

Satisfied Charges

₹427,288,140.00

Charges Breakdown by Lending Institutions

Bank Of India : 42.80 Cr
Citi Bank N.A. : 30.00 Cr
Standard Chartered Bank : 29.20 Cr
Sidbi : 2.16 Cr
Hdfc Bank Limited : 0.70 Cr

Latest Charge Details

Date	Lender	Amount	Status
01 Aug 2025	Bank Of India	₹3.49 Cr	Open
26 Jun 2025	Hdfc Bank Limited	₹3.51 M	Open
02 Jan 2025	Bank Of India	₹2.88 M	Open
14 Nov 2024	Hdfc Bank Limited	₹3.50 M	Open
30 May 2024	Bank Of India	₹1.45 M	Open

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How Many Employees Work at High Spirit Commercial Ventures?

High Spirit Commercial Ventures has a workforce of 413 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of High Spirit Commercial Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped High Spirit Commercial Ventures's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on High Spirit Commercial Ventures

Recent Activity within the Organization

Annual General Meeting

Progress on High Spirit Commercial Ventures Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was documented.
29 Sep 2025
Charges

A charge with Bank Of India amounted to Rs. 3.49 Cr with Charge ID 101150200 was registered on 01 Aug 2025. was recorded as a recent event.
01 Aug 2025
Charges

The activity A charge with Bank Of India of Rs. 21.00 Cr registered on 14 Mar 2023 with Charge ID 100692796 was modified on 01 Aug 2025. was completed.
01 Aug 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 101113917 was registered on 26 Jun 2025. was completed.
26 Jun 2025
Charges

The activity A charge with Bank Of India amounted to Rs. 0.29 Cr with Charge ID 101051523 was registered on 02 Jan 2025. was completed.
02 Jan 2025
Charges

Progress on A charge with Citi Bank N.A. of Rs. 30.00 Cr registered on 26 Apr 2017 with Charge ID 100101572 was modified on 03 Dec 2024. was documented.
03 Dec 2024

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