Highseas Vyapaar Private Limited
About Highseas Vyapaar Private Limited
Data last updated:
Highseas Vyapaar Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 25 January 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1995PTC161972. Its GSTIN is 27AAACH7285B1ZO (Maharashtra).
The company had an authorised share capital of ₹27.5 Lakh and a paid-up capital of ₹5.91 Lakh. It was led by directors Babulal Soni Banwarilal and Vedant Rakesh Gupta.
Its last annual general meeting (AGM) was held on 03 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at St – 005 2nd Floor Adhyaru Industrial Estate Sun Mill Compound Lower Parel Mumbai, 400013., Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.34 Lakh, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹7.77 Lakh (net margin 44.8%) and EBITDA of ₹10.19 Lakh (EBITDA margin 58.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 17% over five years.
Company details
Contact details
Highseas Vyapaar Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSt – 005 2nd Floor Adhyaru Industrial Estate Sun Mill Compound Lower Parel Mumbai, 400013., Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Highseas Vyapaar 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 Highseas Vyapaar is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Highseas Vyapaar Private Limited
FY 2024 filings availableHighseas Vyapaar Private Limited reported revenue of ₹17.34 Lakh (up 150% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 150% growth in the latest year. EBITDA rose 411% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.19 Lakh | ||||
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| Net Profit (PAT) | ₹7.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 58.8% | ||||
| Net Profit Margin | 44.8% | ||||
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To see the full financial statements and ratios of Highseas Vyapaar Private Limited, buy the company report.
Board of directors of Highseas Vyapaar Private Limited
Highseas Vyapaar 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 |
|---|---|---|---|---|
| Babulal Soni Banwarilal Also directs: Elegent Lighting Devices Pvt Ltd, Anit Enterprises Private Limited | Director | 15 Mar 2008 | 18 Years 7 Months | As last reported |
| Vedant Rakesh Gupta Also directs: Elegent Lighting Devices Pvt Ltd, Anit Enterprises Private Limited, Organodok LLP and 5 more | Director | 16 Feb 2022 | 4 Years 8 Months | As last reported |
Auditor
Highseas Vyapaar Private Limited is audited by R.U.KAMATH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.U.KAMATH & CO. | FY 2022 | 104650W |
Shareholding
The shareholding of Highseas Vyapaar Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Highseas Vyapaar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Highseas Vyapaar 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 Highseas Vyapaar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Highseas Vyapaar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH7285B1ZO | Maharashtra | Active | 21 Mar 2022 |
To see the full GST registrations and return filing status of Highseas Vyapaar Private Limited, buy the company report.
Recent activity
Highseas Vyapaar Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Vedant Rakesh Gupta was appointed as Director on 16 Feb 2022.
Frequently asked questions
Highseas Vyapaar has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Highseas Vyapaar was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 25 January 1995 and is registered under CIN U51909MH1995PTC161972. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Highseas Vyapaar is U51909MH1995PTC161972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highseas Vyapaar had 2 directors:
- Babulal Soni Banwarilal - Director
- Vedant Rakesh Gupta - Director
Highseas Vyapaar was incorporated on 25 January 1995. It is registered with the Registrar of Companies, Mumbai.
The registered office of Highseas Vyapaar is at St – 005 2nd Floor Adhyaru Industrial Estate Sun Mill Compound Lower Parel Mumbai, 400013., Maharashtra, India – 400013.
The latest financial statements of Highseas Vyapaar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 03 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Highseas Vyapaar is 27AAACH7285B1ZO, registered in Maharashtra.
Highseas Vyapaar operated in the financial services industry, in the diversified financial services segment.
Vedant Rakesh Gupta was appointed as Director on 16 Feb 2022. Pawan Ramgopal Kedia ceased to be Director on 10 Mar 2014. Ramesh Purohit ceased to be Additional Director on 30 Sep 2013. Highseas Vyapaar has 6 board changes on record in total.
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