
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.
Company details
CIN history
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 |
Contact details
Hi-Rises Diamonds Private Limited's registered office is in Jaipur, Rajasthan.
- 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hi-Rises Diamonds Private Limited, buy the company report.
Financials of Hi-Rises Diamonds Private Limited
FY 2024 filings availableHi-Rises Diamonds Private Limited reported revenue of ₹22.5 Lakh (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Hi-Rises Diamonds Private Limited, buy 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 |
Legal cases
No court or tribunal cases involving Hi-Rises Diamonds 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 Hi-Rises Diamonds Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hi-Rises Diamonds has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH8688R1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hi-Rises Diamonds Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Pooja Saraf - Director
- Prakash Saraf - Director
The latest financial statements of Hi-Rises Diamonds on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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.
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.
Hi-Rises Diamonds operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Hi-Rises Diamonds is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.