High Time Holdings Pvtltd
About High Time Holdings Pvtltd
Data last updated:
High Time Holdings Pvtltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 30 July 1990.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74110WB1990PTC049514.
The company had an authorised share capital of ₹2.96 Cr and a paid-up capital of ₹1.65 Cr. It was led by directors Saket Agrawal and Harideo Mandal.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1 Croocked Lane Ground Floor Room No. G – 2, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹18.87 Cr and EBITDA of -₹18.87 Cr. Revenue has grown at a compounded annual rate (CAGR) of 100% over three years.
As per MCA filings, the company had open charges of ₹4,693.3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
Company details
CIN history
High Time Holdings has one previous CIN (Corporate Identification Number): U65999WB1990PTC049514. The current CIN is U74110WB1990PTC049514, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110WB1990PTC049514 | Current |
| U65999WB1990PTC049514 | Previous |
Contact details
High Time Holdings Pvtltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Croocked Lane Ground Floor Room No. G – 2, Kolkata, West Bengal, India – 700069
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of High Time Holdings Pvtltd, 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 Time Holdings is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of High Time Holdings Pvtltd, buy the company report.
Financials of High Time Holdings Pvtltd
FY 2023 filings availableHigh Time Holdings Pvtltd reported revenue of ₹6.97 Lakh (up 892% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 100% over three years, including 892% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.97 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.87 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Time Holdings Pvtltd, buy the company report.
Board of directors of High Time Holdings Pvtltd
High Time Holdings has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saket Agrawal Also directs: MSP Steel & Power Limited, MSP Mines & Minerals Limited, Madanpur South Coal Company Limited and 4 more | Director | 20 Dec 2007 | 18 Years 10 Months | As last reported |
| Harideo Mandal | Director | 06 May 2017 | 9 Years 5 Months | As last reported |
Auditor
High Time Holdings Pvtltd is audited by CHAMPS AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAMPS AND ASSOCIATES | FY 2023 | 328678E |
Shareholding
The shareholding of High Time Holdings Pvtltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of High Time Holdings Pvtltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2015 | 10566693 | State Bank of India | ₹1,670.26 Cr | Open | |
| 06 Apr 2015 | 10567808 | State Bank of India | ₹1,320.34 Cr | Open | |
| 25 Jun 2014 | 10519470 | State Bank of Bikaner and Jaipur | ₹4 Cr | Open | |
| 27 Mar 2014 | 10495064 | State Bank of Mysore | ₹28 Cr | Open | |
| 19 Mar 2014 | 10489305 | Indian Overseas Bank | ₹36 Cr | Open |
To see the full charge records of High Time Holdings Pvtltd, buy the company report.
Total charge records: 12 View all charges
Legal cases
High Time Holdings Pvtltd has 4 court cases on record: 4 filed by High Time Holdings. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Allahabad Bank and Ors | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of High Time Holdings Pvtltd, 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 Time Holdings Pvtltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for High Time Holdings Pvtltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
High Time Holdings Pvtltd has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Harideo Mandal ceased to be Additional Director on 29 Sep 2017.
11 earlier events are in the company report.
Frequently asked questions
High Time Holdings 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.
High Time Holdings was a private limited company based in Kolkata, West Bengal, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 30 July 1990 and is registered under CIN U74110WB1990PTC049514. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
High Time Holdings was incorporated on 30 July 1990. It is registered with the Registrar of Companies, Kolkata.
High Time Holdings had 2 directors:
- Saket Agrawal - Director
- Harideo Mandal - Director
The CIN (Corporate Identification Number) of High Time Holdings is U74110WB1990PTC049514. 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 High Time Holdings is at 1 Croocked Lane Ground Floor Room No. G – 2, Kolkata, West Bengal, India – 700069.
The latest financial statements of High Time Holdings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
High Time Holdings operated in the chemicals and materials industry, in the chemical distribution and retail segment.
High Time Holdings has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Harideo Mandal ceased to be Additional Director on 29 Sep 2017. Arun Kumar Halder ceased to be Director on 06 May 2017. Harideo Mandal was appointed as Director on 06 May 2017. High Time Holdings has 7 board changes on record in total.