High Spirit Commercial Ventures Private Limited

Manufacturer and trader of bags, purses, and fabrics with regional offices, warehouses, and factory.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated:

High Spirit Commercial Ventures Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 82.39 Cr
  • Satisfied Charges ₹ 42.73 Cr
  • Revenue Growth 44.26%
  • Profit Growth 29.12%
  • Ebitda 47.58%
  • Net Worth 7.81%
  • Total Assets 10.32%

About High Spirit Commercial Ventures

High Spirit Commercial Ventures Private Limited (HSCVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2012 and has a history of 12 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.04 Cr.

The company currently has active open charges totaling ₹82.39 Cr. The company has closed loans amounting to ₹42.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tushar Jain, Mulchand Jain, and Rashmi Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U19115MH2012PTC232201

  • Company No.

    232201

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does High Spirit Commercial Ventures Private Limited offer?

High Spirit Commercial Ventures Private Limited offers a wide range of products and services, including Travel Bags & Backpacks, Luggage Bags, School Bags, Kids School Bag, Briefcase, Portfolio & Laptop Bags, Laptop Bag, Trolley Bag, Trekking Equipments, Trekking Bag, College Bag.

Company report

High Spirit Commercial Ventures Private Limited

Explore comprehensive data for High Spirit Commercial Ventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at High Spirit Commercial Ventures?

Board Members (3)

NameDesignationAppointment DateStatus
Tushar Jain Country flag representing In Director 14-Jun-2012Current
Mulchand Jain Country flag representing In Director 14-Jun-2012Current
Rashmi Jain Country flag representing In Director 14-Jun-2012Current

Financial Performance of High Spirit Commercial Ventures.

High Spirit Commercial Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.26% increase. The company also saw a substantial improvement in profitability, with a 29.12% increase in profit. The company's net worth moved up by a moderate rise of 7.81%.

High Spirit Commercial Ventures revenue growth over time
High Spirit Commercial Ventures 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
44.26%
Revenue from Operations
46.12%
Total Assets
10.32%
Profit or Loss
29.12%
Net Worth
7.81%
EBITDA
47.58%

What is the Ownership and Shareholding Structure of High Spirit Commercial Ventures?

In 2023, High Spirit Commercial Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹82.39 Cr

Satisfied Charges

₹42.73 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 34.03 Cr
  • Standard Chartered Bank : 29.20 Cr
  • Citi Bank N.A. : 17.00 Cr
  • Sidbi : 2.16 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2024Bank Of India₹1.45 MOpen
11 Oct 2023Sidbi₹1.05 CrOpen
28 Jul 2023Bank Of India₹9.00 CrOpen
28 Jul 2023Bank Of India₹8.88 CrOpen
14 Mar 2023Bank Of India₹16.00 CrOpen

How Many Employees Work at High Spirit Commercial Ventures?

High Spirit Commercial Ventures has a workforce of 413 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for High Spirit Commercial Ventures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of High Spirit Commercial Ventures, 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 High Spirit Commercial Ventures'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 High Spirit Commercial Ventures

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 0.15 Cr with Charge ID 100969172 was registered on 30 May 2024.

  • Charges

    A charge registered on 30 Apr 2018 via Charge ID 100175271 with Others was fully satisfied on 25 May 2024.

  • Charges

    A charge registered on 30 Nov 2017 via Charge ID 100142752 with Others was fully satisfied on 25 May 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 19.00 Cr registered on 26 Apr 2016 with Charge ID 100023940 was modified on 21 Mar 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 2.20 Cr registered on 26 Apr 2016 with Charge ID 100023942 was modified on 21 Mar 2024.

  • Charges

    A charge registered on 01 Oct 2016 via Charge ID 100061000 with Axis Bank Limited was fully satisfied on 30 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of High Spirit Commercial Ventures Private Limited?

    High Spirit Commercial Ventures Private Limited was incorporated on 14 Jun 2012.

  • What is authorized share capital and paid-up capital of High Spirit Commercial Ventures Private Limited?

    The authorized share capital of High Spirit Commercial Ventures Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.04 Cr.

  • Who are the current board members & directors of High Spirit Commercial Ventures Private Limited?

    Currently 3 directors are associated with High Spirit Commercial Ventures Private Limited.

    • Tushar Jain
    • Mulchand Jain
    • Rashmi Jain

  • What is the registered address of High Spirit Commercial Ventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of High Spirit Commercial Ventures Private Limited is Universal Majestic 1009-1010 10Th Floor, P L Lokhande Marg Ghatkopar Mankhurd Link Ro Ad Govandi India, Mumbai, Maharashtra, 400043.

  • What is the corporate identification number (CIN) and company number of High Spirit Commercial Ventures Private Limited?

    The corporate identification number (CIN) of High Spirit Commercial Ventures Private Limited is U19115MH2012PTC232201 and the company number is 232201 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of High Spirit Commercial Ventures Private Limited?

    The Official website of High Spirit Commercial Ventures Private Limited is https://www.high-spirit-commerical-venture-pvt-ltd.business.site

  • What has been the recent revenue trend for High Spirit Commercial Ventures Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for High Spirit Commercial Ventures Private Limited has risen by 44.26%.

  • How many employees does High Spirit Commercial Ventures Private Limited currently have?

    As Per 2023 financial reports, 413 employees are currently employed by High Spirit Commercial Ventures Private Limited.

  • What change has been observed in the net worth of High Spirit Commercial Ventures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of High Spirit Commercial Ventures Private Limited has experienced an upsurge of 7.81%.

  • What are the total open charges for High Spirit Commercial Ventures Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for High Spirit Commercial Ventures Private Limited amount to ₹ 82.39 Cr.

  • When was the last Balance Sheet of High Spirit Commercial Ventures Private Limited filed with the ROC?

    The most recent Balance Sheet for High Spirit Commercial Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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