Hi Rise Merchants Pvt Ltd

Investment and trading company dealing in various commodities and securities, established in 1993 in Kolkata.

1993 | Kolkata, West Bengal (India) | Merged
Last Updated: January 17, 2025

Hi Rise Merchants Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 6.24 M
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 53.20 Cr
  • Revenue Growth -15.89%
  • Profit Growth -18.75%
  • Ebitda -224.08%
  • Net Worth -17.98%
  • Total Assets -17.25%

About Hi Rise Merchants

Hi Rise Merchants Pvt Ltd (HRMPL) is Amalgamated company established on 04 Jan 1993 with its office registered at Kolkata, West Bengal, India and has been running since 32 Year, 1 Month with a paid up capital of 6.24 M. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB1993PTC057359

  • Company No.

    057359

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jan 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Hi Rise Merchants?

Board Members (2)

NameDesignationAppointment DateStatus
Manisha Bathwal Country flag representing In Director 25-Nov-2017Current
Harihar Srivastava Country flag representing In Director 29-Mar-2011Current

Financial Performance of Hi Rise Merchants.

Hi Rise Merchants Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.89% decrease. The company also saw a substantial fall in profitability, with a 18.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.98%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-15.89%
Revenue from Operations
-23.56%
Total Assets
-17.25%
Profit or Loss
-18.75%
Net Worth
-17.98%
EBITDA
-224.08%

What is the Ownership and Shareholding Structure of Hi Rise Merchants?

In 2023, Hi Rise Merchants had a promoter holding of 100.00%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹532.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 53.20 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2013State Bank Of India₹20.00 CrSatisfied
02 Sep 2005State Bank Of India₹33.20 CrSatisfied

How Many Employees Work at Hi Rise Merchants?

Unlock and access historical data on people associated with Hi Rise Merchants, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hi Rise Merchants, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hi Rise Merchants's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hi Rise Merchants

Recent activity within the organization

  • Annual General Meeting

    Hi Rise Merchants Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Hi Rise Merchants Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 02 Sep 2005 via Charge ID 80021071 with State Bank Of India was fully satisfied on 05 Jan 2024.

    05 Jan 2024

  • Director Appointment

    Manisha Bathwal was appointed as a Director was appointed as a Director on 25 Nov 2017 & has been associated with this company since 7 years 2 months .

    25 Nov 2017

  • Charges

    A charge registered on 07 Nov 2013 via Charge ID 10465472 with State Bank Of India was fully satisfied on 23 Dec 2013.

    23 Dec 2013

  • Charges

    A charge with State Bank Of India amounted to Rs. 200.00 M with Charge ID 10465472 was registered on 07 Nov 2013.

    07 Nov 2013

Frequently asked questions

  • Hi Rise Merchants Pvt Ltd was incorporated on 04 Jan 1993.

  • The authorized share capital of Hi Rise Merchants Pvt Ltd is ₹ 8.00 M and paid-up capital is ₹ 6.24 M.

  • Currently 2 directors are associated with Hi Rise Merchants Pvt Ltd.

    • Manisha Bathwal
    • Harihar Narainlal Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hi Rise Merchants Pvt Ltd is 35, Ganesh Chandra Avenue 3Rd Floor India, Kolkata, West Bengal, 700013.

  • The corporate identification number (CIN) of Hi Rise Merchants Pvt Ltd is U51909WB1993PTC057359 and the company number is 057359 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hi Rise Merchants Pvt Ltd has fallen by -15.89%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hi Rise Merchants Pvt Ltd has experienced an downturn of -17.98%.

  • The most recent Balance Sheet for Hi Rise Merchants Pvt Ltd was filed with the ROC on 31 Mar 2024.

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