
Hi-Rises Diamonds Private Limited
About Hi-Rises Diamonds Private Limited
Data last updated:
Hi-Rises Diamonds Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U32111RJ2007PTC024284. Its GSTIN is 27AABCH8688R1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹54.98 Lakh. It is led by directors Pooja Saraf and Prakash Saraf.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7/7 Khandelwal Towers Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302023.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.5 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.57 Lakh (net margin 20.3%) and EBITDA of ₹4.58 Lakh (EBITDA margin 20.4%). Revenue has declined at a compounded annual rate (CAGR) of 39% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address7/7 Khandelwal Towers Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302023
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Hi-Rises Diamonds Private Limited
The main business activities of Hi-Rises Diamonds are financial and insurance service and real estate. In detail, this covers other financial activities and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Hi-Rises Diamonds Private Limited FY 2024 filings available
Hi-Rises Diamonds Private Limited reported revenue of ₹22.5 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Hi-Rises Diamonds Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 15% fall in the latest year. EBITDA fell 12% 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 Hi-Rises Diamonds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.57 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 Hi-Rises Diamonds Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.3% | •••• | •••• | •••• | •••• |
| 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 Hi-Rises Diamonds are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acme Real Estate Pvt Ltd | ₹22.5 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Devi Soorya Builders and Developers Private Limited | ₹22.5 Lakh (FY 2024) | •••• | •••• | 224900.0% | •••• | Palakkad, Kerala, India |
| East Coast Nirman Private Limited | ₹22.5 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Aishwarya Greennest Properties Private Limited | ₹22.5 Lakh (FY 2021) | •••• | •••• | 67.0% | •••• | Bangalore, Karnataka, India |
| Surya Infracon India Private Limited | ₹22.5 Lakh (FY 2025) | •••• | •••• | 784.0% | •••• | Gurgaon, Haryana, India |
| Hi-Rises Diamonds Private Limited this company | ₹22.5 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Jaipur, Rajasthan, India |
| Kie Infrastructures and Projects Private Limited | ₹22.49 Lakh (FY 2021) | •••• | •••• | -84.0% | •••• | New Delhi, Delhi, India |
| Ratnashri Communications Private Limited | ₹22.49 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Ravaiya Landmark Infrastructure Private Limited | ₹22.47 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Junagadh, Gujarat, India |
| Blue Pearl Developments Private Limited | ₹22.47 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Chennai, Tamil Nadu, India |
| BDK Construction Private Limited | ₹22.46 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Hi-Rises Diamonds by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Saraf | Director | 13 Jan 2022 | 4 Years 9 Months | Current |
| Prakash Saraf Also directs: The South Reserve LLP | Director | 24 Apr 2007 | 19 Years 5 Months | Current |
Charges & Borrowings of Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hi-Rises Diamonds Private Limited
Employment history and EPFO contributions of people linked to Hi-Rises Diamonds.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds has one previous CIN (Corporate Identification Number): U45201RJ2007PTC024284. The current CIN is U32111RJ2007PTC024284, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32111RJ2007PTC024284 | Current |
| U45201RJ2007PTC024284 | Previous |
Recent Activity on Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Vikas Saraf ceased to be Director on 14 Jan 2022.
Credit Ratings, Litigation & Regulatory Alerts for Hi-Rises Diamonds Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Hi-Rises Diamonds Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Hi-Rises Diamonds Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH8688R1ZH | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Hi-Rises Diamonds Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Hi-Rises Diamonds Private Limited
Hi-Rises Diamonds is an active private limited company based in Jaipur, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 April 2007 (19+ years old) and is registered under CIN U32111RJ2007PTC024284.
Hi-Rises Diamonds reported revenue of ₹22.5 Lakh for FY 2024 (down 15% YoY).
Hi-Rises Diamonds has 2 current directors:
- Pooja Saraf - Director
- Prakash Saraf - Director
Hi-Rises Diamonds reported a net profit of ₹4.57 Lakh (net margin 20.3%) and EBITDA of ₹4.58 Lakh (EBITDA margin 20.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hi-Rises Diamonds is -39% over five years. In the latest year (FY 2024) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hi-Rises Diamonds is 27AABCH8688R1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Hi-Rises Diamonds is U32111RJ2007PTC024284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Rises Diamonds was incorporated on 24 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Hi-Rises Diamonds by revenue are Acme Real Estate Pvt Ltd, Devi Soorya Builders and Developers Private Limited, East Coast Nirman Private Limited, Aishwarya Greennest Properties Private Limited, Surya Infracon India Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Vikas Saraf ceased to be Director on 14 Jan 2022. Pooja Saraf was appointed as Director on 13 Jan 2022. Prakash Saraf was appointed as Director on 24 Apr 2007.
The registered office of Hi-Rises Diamonds is at 77 Khandelwal Towers Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302023.