MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0001980
Highborne Laminates Private Limited - packaging in Ravapar Nadi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.82 Cr
▲ 2% YoY
Net profit · FY 2025
₹3.05 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹1.46 Cr
EBITDA margin 5.7%
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹5.28 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About Highborne Laminates Private Limited
Data last updated:
Highborne Laminates Private Limited is a private limited company based in Ravapar Nadi, Gujarat, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 28 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U20219GJ2016PTC085840. Its GSTIN is 24AADCH7935F1ZM (Gujarat).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Kishan Ratanshibhai Sitapara and Vishal Rameshbhai Thoriya.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S. No. 326P1 NH – 27 Tal. & Dist. Morbi, Ravapar Nadi, Gujarat, India – 363642.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.82 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Lakh (net margin 0.1%) and EBITDA of ₹1.46 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹5.28 Cr on record.
Highborne Laminates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001980). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highbornelaminates.com.
Company Details of Highborne Laminates Private Limited
CIN U20219GJ2016PTC085840
Registration Number 085840
Incorporation Date 28 January 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0001980
Key People
Kishan Ratanshibhai Sitapara Director Vishal Rameshbhai Thoriya Director Jigarkumar Ratanshibhai Sitapara Director Recognitions & Rankings of Highborne Laminates
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressS. No. 326P1 NH – 27 Tal. & Dist. Morbi, Ravapar Nadi, Gujarat, India – 363642
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
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Business Activity of Highborne Laminates Private Limited
The main business activity of Highborne Laminates is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Highborne Laminates Private Limited FY 2025 filings available
Highborne Laminates Private Limited reported revenue of ₹25.82 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹25.82 Cr ▲ 2%
Net profit · FY 2025
₹3.05 Lakh margin 0.1%
EBITDA · FY 2025
₹1.46 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR) of Highborne Laminates Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 2%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 2% growth in the latest year. EBITDA rose 2% 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 of Highborne Laminates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.05 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 of Highborne Laminates Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Highborne Laminates are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Highborne Laminates Private Limited
Highborne Laminates has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Ratanshibhai Sitapara Also directs: Hightek Urja LLP | Director | 23 Aug 2022 | 4 Years 1 Months | Current |
| Vishal Rameshbhai Thoriya | Director | 28 Jan 2016 | 10 Years 8 Months | Current |
| Jigarkumar Ratanshibhai Sitapara Also directs: Saheb Fibre Private Limited | Director | 28 Jan 2016 | 10 Years 8 Months | Current |
Peer Comparison of Highborne Laminates Private Limited
Highborne Laminates Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mittal Ocean Trade Private Limited | ₹26.29 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Delhi, India |
| Dahiya Timber Private Limited | ₹26.19 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Galax Industries Private Limited | ₹26.14 Cr (FY 2025) | •••• | •••• | 31924.0% | •••• | Bhubaneswar, Odisha, India |
| PG Polychem Private Limited | ₹26.05 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | New Delhi, Delhi, India |
| Shree Ambika Wood Creation Private Limited | ₹25.86 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Rishra, West Bengal, India |
| Highborne Laminates Private Limited this company | ₹25.82 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Ravapar Nadi, Gujarat, India |
| Uniglobe Exports Private Limited | ₹25.74 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Jodhpur, Rajasthan, India |
| Shree Ganga Veneers and Plyboard Private Limited | ₹25.69 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bareilly, Uttar Pradesh, India |
| Egwood Boards and Panels Private Limited | ₹25.49 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Golden Plywood Industries Pvt Ltd | ₹25.42 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ludhiana, Punjab, India |
| Ramhans Wood India Private Limited | ₹25.38 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Anjar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Highborne Laminates by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Highborne Laminates Private Limited
Highborne Laminates Private Limited is audited by V. N. SITAPARA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. N. SITAPARA & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Highborne Laminates Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Highborne Laminates Private Limited
Open charges
₹5.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Aug 2016 | State Bank of India | ₹5.28 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Highborne Laminates Private Limited
Highborne Laminates Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 42 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fakirsons Papchem Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Lemica Paper Mill | •••• | •••• | •••• |
| Surface Ahmedabad | •••• | •••• | •••• |
| Aatmajyot Chem Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Highborne Laminates Private Limited
Employment history and EPFO contributions of people linked to Highborne Laminates.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Highborne Laminates Private Limited
Highborne Laminates Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Anilbhai Govindbhai Sitapara ceased to be Director on 23 Aug 2022.
AGM
Highborne Laminates Private Limited last Annual general meeting of members was held on 11 Aug 2025 as per latest MCA records.
Filing
Highborne Laminates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 5.28 Cr registered on 02 Aug 2016 with Charge ID 100046192 was modified on 08 Feb 2024.
Ceased
Anilbhai Govindbhai Sitapara ceased to be Director.
Appointed
Kishan Ratanshibhai Sitapara was appointed as Director.
Ceased
Udaykumar Anilbhai Sitapara ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.28 Cr with Charge ID 100046192 was registered on 02 Aug 2016.
Appointed
Jigarkumar Ratanshibhai Sitapara was appointed as Director.
Appointed
Vishal Rameshbhai Thoriya was appointed as Director.
Incorporation
28 Jan 2016
Highborne Laminates Private Limited was registered on 28 Jan 2016 with Roc Ahmedabad & aged 10 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Highborne Laminates Private Limited
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Subsidiaries & Group Companies of Highborne Laminates Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Highborne Laminates Private Limited
Highborne Laminates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCH7935F1ZM | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Highborne Laminates Private Limited
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Frequently Asked Questions about Highborne Laminates Private Limited
Highborne Laminates is an active private limited company based in Ravapar Nadi, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 28 January 2016 (10+ years old) and is registered under CIN U20219GJ2016PTC085840.
Highborne Laminates reported revenue of ₹25.82 Cr for FY 2025 (up 2% YoY).
Highborne Laminates has 3 current directors:
- Kishan Ratanshibhai Sitapara - Director
- Vishal Rameshbhai Thoriya - Director
- Jigarkumar Ratanshibhai Sitapara - Director
Highborne Laminates reported a net profit of ₹3.05 Lakh (net margin 0.1%) and EBITDA of ₹1.46 Cr (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Highborne Laminates is 2% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Highborne Laminates is 24AADCH7935F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Highborne Laminates is U20219GJ2016PTC085840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highborne Laminates was incorporated on 28 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Highborne Laminates by revenue are Mittal Ocean Trade Private Limited, Dahiya Timber Private Limited, Galax Industries Private Limited, PG Polychem Private Limited, Shree Ambika Wood Creation Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Anilbhai Govindbhai Sitapara ceased to be Director on 23 Aug 2022. Kishan Ratanshibhai Sitapara was appointed as Director on 23 Aug 2022. Udaykumar Anilbhai Sitapara ceased to be Director on 23 Aug 2022. Highborne Laminates has 5 board changes on record in total.
Yes, Highborne Laminates is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0001980).
Highborne Laminates has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 42 overdue payments to 13 micro and small suppliers. The latest return was filed on 03 Jun 2019.