Highgrowth Developers Private Limited
About Highgrowth Developers Private Limited
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Highgrowth Developers Private Limited 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 financial brokerage segment of the financial services sector. It was incorporated on 19 April 2013.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2013PTC192443.
The company had an authorised share capital of ₹16 Lakh and a paid-up capital of ₹16 Lakh. It was led by directors Vijay Nalsaria and Mamta Jaiswal Narsaria.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 1 Chandney Chowk 2nd Floor, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2017, the company reported a revenue of ₹1 Lakh. For the same year it recorded a net profit of ₹2,102 (net margin 2.1%) and EBITDA of -₹94,998 (EBITDA margin -95%).
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Highgrowth Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Chandney Chowk 2nd Floor, Kolkata, West Bengal, India – 700072
- IndustryFinancial Services, Financial Brokerage, Advisory, Financial Activities, Consultancy
To see the full contact details of Highgrowth Developers 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 Highgrowth Developers is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Highgrowth Developers Private Limited, buy the company report.
Financials of Highgrowth Developers Private Limited
FY 2022 filings availableHighgrowth Developers Private Limited reported revenue of ₹1 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹94,998 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2,102 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -95% | ||
| Net Profit Margin | 2.1% | ||
| 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 | |||
To see the full financial statements and ratios of Highgrowth Developers Private Limited, buy the company report.
Board of directors of Highgrowth Developers Private Limited
Highgrowth Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Nalsaria Also directs: Facit Sales Pvt.Ltd., Economy Distributors Private Limited, Festino Sales Private Limited and 1 more | Director | 18 Aug 2015 | 11 Years 2 Months | As last reported |
| Mamta Jaiswal Narsaria | Additional Director | 01 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
Highgrowth Developers Private Limited is audited by NEHA AGARWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEHA AGARWAL | FY 2017 | 302433 |
Shareholding
The shareholding of Highgrowth Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Highgrowth Developers Private Limited, buy the company report.
Legal cases
Highgrowth Developers Private Limited has 2 court cases on record: 2 filed by Highgrowth Developers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Highgrowth Developers 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 Highgrowth Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Highgrowth Developers has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Highgrowth Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Highgrowth Developers Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Binod Kumar Kejriwal ceased to be Director on 04 Apr 2017.
Frequently asked questions
Highgrowth Developers 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.
Highgrowth Developers was a private limited company based in Kolkata, West Bengal, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 19 April 2013 and is registered under CIN U70109WB2013PTC192443. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Highgrowth Developers was incorporated on 19 April 2013. It is registered with the Registrar of Companies, Kolkata.
Highgrowth Developers had 2 directors:
- Vijay Nalsaria - Director
- Mamta Jaiswal Narsaria - Additional Director
The CIN (Corporate Identification Number) of Highgrowth Developers is U70109WB2013PTC192443. 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 Highgrowth Developers is at 1 Chandney Chowk 2nd Floor, Kolkata, West Bengal, India – 700072.
The latest financial statements of Highgrowth Developers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Highgrowth Developers operated in the financial services industry, in the financial brokerage segment.
Highgrowth Developers has 2 court cases on record: 2 filed by the company.
Binod Kumar Kejriwal ceased to be Director on 04 Apr 2017. Mamta Jaiswal Narsaria was appointed as Additional Director on 01 Apr 2017. Bijoy Kumar Sonthalia ceased to be Director on 18 Aug 2015. Highgrowth Developers has 6 board changes on record in total.