High Spirit Commercial Ventures Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 1.04 Cr
- Company Age 12 Year, 8 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 eight 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
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.
Who are the key members and board of directors at High Spirit Commercial Ventures?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tushar Jain  | Director | 14-Jun-2012 | Current |
| Mulchand Jain | Director | 14-Jun-2012 | Current |
| Rashmi Jain | Director | 14-Jun-2012 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
High Spirit Soft Bags Private LimitedTushar Jain is a mutual person
- High Spirit Retail India Private Limited
Tushar Jain is a mutual person
High Spirit Investment Company Private LimitedTushar Jain, Mulchand Jain and 1 more are mutual person
- Aparna Industrial Promotion Council
Tushar Jain is a mutual person
Charges (Loans)
₹82.39 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2024 | Bank Of India | ₹1.45 M | Open |
| 11 Oct 2023 | Sidbi | ₹1.05 Cr | Open |
| 28 Jul 2023 | Bank Of India | ₹9.00 Cr | Open |
| 28 Jul 2023 | Bank Of India | ₹8.88 Cr | Open |
| 14 Mar 2023 | Bank Of India | ₹16.00 Cr | Open |
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.
Deals i
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
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
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.
