MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-28-0056213
Highwaymen Private Limited
Highwaymen Private Limited - packaging in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹31.18 Cr
▲ 2291% YoY
Net profit · FY 2023
₹4.87 Cr
Net margin 15.6%
EBITDA · FY 2023
₹6.13 Cr
EBITDA margin 19.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹7.26 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
161
Provident fund records
About Highwaymen Private Limited
Data last updated:
Highwaymen Private Limited is a private limited company based in Delhi, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 20 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U16000DL2021PTC391467. Its GSTIN is 09AAGCH0946R1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Vaibhav Singh Deshwal (Managing Director) and Akshaan George (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 March 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D – 201 Mahesh Apartments Vasundhra Enclave, Delhi, India – 110096.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.18 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.87 Cr (net margin 15.6%) and EBITDA of ₹6.13 Cr (EBITDA margin 19.6%).
The company has about 161 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.26 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Highwaymen Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0056213). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U16000DL2021PTC391467
Registration Number 391467
Incorporation Date 20 December 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 March 2024
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0056213
Key People
Vaibhav Singh Deshwal Managing Director Akshaan George Whole-Time Director Vishal Verdhan Director Recognitions & Rankings of Highwaymen
Contact details
Highwaymen Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 201 Mahesh Apartments Vasundhra Enclave, Delhi, India – 110096
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Highwaymen Private Limited, buy the company report.
Comprehensive company report
Highwaymen Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Highwaymen is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Highwaymen Private Limited, buy the company report.
Financials of Highwaymen Private Limited
FY 2023 filings availableHighwaymen Private Limited reported revenue of ₹31.18 Cr (up 2291% YoY) for FY 2023.
Revenue · FY 2023
₹31.18 Cr ▲ 2291%
Net profit · FY 2023
₹4.87 Cr margin 15.6%
EBITDA · FY 2023
₹6.13 Cr margin 19.6%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹31.18 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹6.13 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.87 Cr | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 19.6% | |
| Net Profit Margin | 15.6% | |
| 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 Highwaymen Private Limited, buy the company report.
Board of directors of Highwaymen Private Limited
Highwaymen has 7 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 |
|---|---|---|---|---|
| Vishal Verdhan Also directs: Alfheim Innovations LLP, Kvva Consultants LLP, Auriga Buildwell Private Limited and 4 more | Director | 11 Mar 2023 | 3 Years 7 Months | Current |
| Akshaan George | Whole-Time Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Vaibhav Singh Deshwal | Managing Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Vijai Kumar Singh | Director | 04 Apr 2023 | 3 Years 6 Months | Current |
| John Nariamparambil George | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
| Kuldeep Kumar Dhar Also directs: Highwaymen Collective Private Limited | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Highwaymen Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhinav Paper Products Private Limited | ₹31.61 Cr (FY 2022) | 2.0% | Delhi, India | |||
| Mohit Tissues Private Limited | ₹31.38 Cr (FY 2025) | 7.0% | Delhi, India | |||
| Maheshwari Paper Industries Private Limited | ₹31.29 Cr (FY 2025) | 14.0% | Palanpur, Gujarat, India | |||
| Pee Kay Paper and Board Pvt Ltd | ₹31.2 Cr (FY 2025) | 28.0% | Punjab, India | |||
| Highwaymen Private Limitedthis company | ₹31.18 Cr (FY 2023) | ₹4.87 Cr | 15.6% | 2291.0% | 161 | Delhi, India |
| Wilson Paper Mills Private Limited | ₹31.06 Cr (FY 2025) | 33.0% | Rajkot, Gujarat, India | |||
| Anjani International Private Limited | ₹31.04 Cr (FY 2025) | 0.0% | Indore, Madhya Pradesh, India | |||
| Pioneer Paper & Stationery Private Limited | ₹30.91 Cr (FY 2024) | -4.0% | Kolkata, West Bengal, India | |||
| Palar Paper Mills Limited | ₹30.85 Cr (FY 2024) | -40.0% | A Street, Tamil Nadu, India |
To see the full peer comparison of Highwaymen Private Limited, buy the company report.
Auditor
Highwaymen Private Limited is audited by ADITYA V AGARWAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADITYA V AGARWAL & COMPANY | FY 2023 | 038242N |
Shareholding
The shareholding of Highwaymen Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Highwaymen Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2024 | 100911532 | Others | ₹1.04 Cr | Open | |
| 19 Apr 2024 | 100913327 | Others | ₹1.04 Cr | Open | |
| 06 Sep 2023 | 100787403 | State Bank of India | ₹4.99 Cr | Open | |
| 02 Aug 2023 | 100787536 | Hdfc Bank Limited | ₹20 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Highwaymen Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dausa, Rajasthan | Criminal case | Filed against the company by State | Disposed |
| District court, Saharanpur, Uttar Pradesh | Court case (Motor Vehc Act) | Filed against the company by State Goverment | Disposed |
To see the full case history of Highwaymen 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
Highwaymen Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 110 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cartsecurity Solutions Private Limited | |||
| Maa Ganga Security and Manpower Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Highwaymen Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Highwaymen Private Limited has a workforce of 161 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
161
Active EPFO establishments
1
Employee growth
117.57%
GST
Highwaymen has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCH0946R1ZX | Uttar Pradesh | Active | 03 Feb 2022 |
To see the full GST registrations and return filing status of Highwaymen Private Limited, buy the company report.
Recent activity
Highwaymen Private Limited has 9 board changes on record since 2021: 7 appointments and 2 cessations. The latest: Vijai Kumar Singh was appointed as Director on 04 Apr 2023.
Charges
A charge with Others amounted to Rs. 1.04 Cr with Charge ID 100911532 was registered on 22 Apr 2024.
Charges
A charge with Others amounted to Rs. 1.04 Cr with Charge ID 100913327 was registered on 19 Apr 2024.
AGM
Highwaymen Private Limited last Annual general meeting of members was held on 18 Mar 2024 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 4.99 Cr with Charge ID 100787403 was registered on 06 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100787536 was registered on 02 Aug 2023.
Appointed
Vijai Kumar Singh was appointed as Director.
Appointed
John Nariamparambil George was appointed as Director.
Filing
Highwaymen Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Appointed
Ankit Goel was appointed as Director.
Appointed
Vishal Verdhan was appointed as Director.
Ceased
Akshaan George ceased to be Director.
Ceased
Vaibhav Singh Deshwal ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Highwaymen is an active private limited company based in Delhi, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 20 December 2021 (5+ years old) and is registered under CIN U16000DL2021PTC391467.
Highwaymen has 7 current directors:
- Vaibhav Singh Deshwal - Managing Director
- Akshaan George - Whole-Time Director
- Vishal Verdhan - Director
- Vijai Kumar Singh - Director
- John Nariamparambil George - Director
- Kuldeep Kumar Dhar - Director
- Ankit Goel - Director
The latest financial statements of Highwaymen on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 March 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Highwaymen is 09AAGCH0946R1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Highwaymen is U16000DL2021PTC391467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highwaymen has 2 court cases on record: 2 filed against it.
Highwaymen was incorporated on 20 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Highwaymen by revenue are Abhinav Paper Products Private Limited, Mohit Tissues Private Limited, Maheshwari Paper Industries Private Limited, Pee Kay Paper and Board Pvt Ltd, Wilson Paper Mills Private Limited and 3 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Vijai Kumar Singh was appointed as Director on 04 Apr 2023. John Nariamparambil George was appointed as Director on 01 Apr 2023. Ankit Goel was appointed as Director on 11 Mar 2023. Highwaymen has 9 board changes on record in total.
Yes, Highwaymen is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0056213).
Highwaymen has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 110 overdue payments to 15 micro and small suppliers. The latest return was filed on 25 Apr 2024.
The registered office of Highwaymen is at D – 201 Mahesh Apartments Vasundhra Enclave, Delhi, India – 110096.
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