Highpoint Trading Company Private Limited
About Highpoint Trading Company Private Limited
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Highpoint Trading Company Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 07 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC153814.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Vimal Kumar Bohra and Omprakash Manikchand Sharma.
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 is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.87 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹78.54 Lakh and EBITDA of -₹4.14 Lakh (EBITDA margin -144.1%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 89% over five years.
The company is associated with 1 brand: HighPoint. As per MCA filings, the company has satisfied charges of ₹50 Cr on record. The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in January 2020. Its 10 peer companies in the same principal business activity (retail trading) are compared by revenue, 5 larger and 5 smaller; the largest is KWHC Private Limited with revenue of ₹2.88 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Highpoint Trading Company Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address509 Sagbaug Sneh Sagar Sra Chs, Ak Road Andheri East Marol, Mumbai, Maharashtra, India – 400059
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Highpoint Trading Company 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
Brands
Highpoint Trading Company operates one associated brand: HighPoint. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT service suite | highpoint.com |
Business activity
The main business activity of Highpoint Trading Company is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Highpoint Trading Company Private Limited, buy the company report.
Financials of Highpoint Trading Company Private Limited
FY 2022 filings availableHighpoint Trading Company Private Limited reported revenue of ₹2.87 Lakh (down 92% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over five years, including a 92% fall in the latest year. EBITDA fell 106% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹4.14 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹78.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -144.1% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Highpoint Trading Company Private Limited, buy the company report.
Board of directors of Highpoint Trading Company Private Limited
Highpoint Trading Company has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omprakash Manikchand Sharma Also directs: Southernedge Multiventures Private Limited | Additional Director | 25 Apr 2022 | 4 Years 6 Months | Current |
| Vimal Kumar Bohra Also directs: Southernedge Multiventures Private Limited | Director | 01 Jan 2011 | 15 Years 10 Months | Current |
Peer comparison
Highpoint Trading Company Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KWHC Private Limited | ₹2.88 Lakh (FY 2020) | Chennai, Tamil Nadu, India | ||||
| Bastet Conceptual Art Private Limited | ₹2.88 Lakh (FY 2024) | -76.0% | Vadodara, Gujarat, India | |||
| Tridhara Marketing Private Limited | ₹2.88 Lakh (FY 2022) | 19.0% | Balasore, Odisha, India | |||
| Comitrade Commercials Private Limited | ₹2.88 Lakh (FY 2022) | -84.0% | Patna, Bihar, India | |||
| Techsaman Retail & Services Private Limited | ₹2.87 Lakh (FY 2023) | -15.0% | Tirumalagiri Hyderabad, Telangana, India | |||
| Highpoint Trading Company Private Limitedthis company | ₹2.87 Lakh (FY 2022) | -₹78.54 Lakh | -92.0% | Mumbai, Maharashtra, India | ||
| Anitech Instruments and Supplies Pvt Ltd | ₹2.87 Lakh (FY 2023) | -73.0% | Thane, Maharashtra, India | |||
| Tern Consultancy Services Private Limited | ₹2.87 Lakh (FY 2016) | -94.0% | Mumbai, Maharashtra, India | |||
| Gabhiratma Enterprises Limited | ₹2.87 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Vesuna Brand Solutions Private Limited | ₹2.87 Lakh (FY 2021) | -65.0% | Pune, Maharashtra, India | |||
| Pavan Structurals Pvt Ltd | ₹2.87 Lakh (FY 2019) | -94.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Highpoint Trading Company Private Limited, buy the company report.
Auditor
Highpoint Trading Company Private Limited is audited by MANISH KUMAR GOYAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH KUMAR GOYAL & CO | FY 2020 | 007734C |
Shareholding
The shareholding of Highpoint Trading Company Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Highpoint Trading Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2017 | 100121649 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Highpoint Trading Company Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Highpoint Trading Company Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in January 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹40 Lakh | Investors: 2 individuals |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Highpoint Trading Company Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Highpoint Trading Company Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Highpoint Trading Company Private Limited; 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 Highpoint Trading Company Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Highpoint Trading Company Private Limited has 14 board changes on record since 2005: 8 appointments and 6 cessations. The latest: Bhimrao Balku Retharekar ceased to be Additional Director on 25 Apr 2022.
8 earlier events are in the company report.
Frequently asked questions
Highpoint Trading Company is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 07 June 2005 (21+ years old) and is registered under CIN U51909MH2005PTC153814.
Highpoint Trading Company has 2 current directors:
- Omprakash Manikchand Sharma - Additional Director
- Vimal Kumar Bohra - Director
The latest financial statements of Highpoint Trading Company 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.
The CIN (Corporate Identification Number) of Highpoint Trading Company is U51909MH2005PTC153814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highpoint Trading Company was incorporated on 07 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Highpoint Trading Company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹40 Lakh; the latest was in January 2020.
The peers of Highpoint Trading Company by revenue are KWHC Private Limited, Bastet Conceptual Art Private Limited, Tridhara Marketing Private Limited, Comitrade Commercials Private Limited, Techsaman Retail & Services Private Limited and 5 more, all in the same principal business activity (retail trading).
Bhimrao Balku Retharekar ceased to be Additional Director on 25 Apr 2022. Omprakash Manikchand Sharma was appointed as Additional Director on 25 Apr 2022. Ajay Kumar Mittal ceased to be Additional Director on 06 Nov 2018. Highpoint Trading Company has 14 board changes on record in total.
The registered office of Highpoint Trading Company is at 509 Sagbaug Sneh Sagar Sra Chs, Ak Road Andheri East Marol, Mumbai, Maharashtra, India – 400059.
Highpoint Trading Company operates in the trading industry, in the other wholesale segment.
Highpoint Trading Company has no open charges and satisfied charges of ₹50 Cr as per latest MCA filings.
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