High Spirit Soft Bags Private Limited

Manufactures narrow woven fabrics and polypropylene belts for bag manufacturing industry.

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

High Spirit Soft Bags Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.20 Cr
  • Revenue Growth 115.10%
  • Profit Growth 142.81%
  • Ebitda 38.34%
  • Net Worth 20.51%
  • Total Assets 15.84%

About High Spirit Soft Bags

High Spirit Soft Bags Private Limited (HSSBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2012 and has a history of 12 years and ten 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹13.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Arvind Chandak, Tushar Jain, Ashish Mandowara, and One other member 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

    U19115MH2012PTC232207

  • Company No.

    232207

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle
Manufacturing
Company report

High Spirit Soft Bags Private Limited

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

Who are the key members and board of directors at High Spirit Soft Bags?

Board Members (4)

NameDesignationAppointment DateStatus
Arvind Chandak Country flag representing In Director 24-Jan-2013Current
Tushar Jain Country flag representing In Director 14-Jun-2012Current
Ashish Mandowara Country flag representing In Director 02-Jun-2022Current
Bhagwan Chandak Country flag representing In Additional Director 07-Nov-2023Current

Financial Performance of High Spirit Soft Bags.

High Spirit Soft Bags Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 115.1% increase. The company also saw a substantial improvement in profitability, with a 142.81% increase in profit. The company's net worth Soared by an impressive increase of 20.51%.

High Spirit Soft Bags revenue growth over time
High Spirit Soft Bags 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
115.10%
Revenue from Operations
116.10%
Total Assets
15.84%
Profit or Loss
142.81%
Net Worth
20.51%
EBITDA
38.34%

What is the Ownership and Shareholding Structure of High Spirit Soft Bags?

In 2023, High Spirit Soft Bags 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

₹0

Satisfied Charges

₹13.20 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 10.20 Cr
  • Allahabad Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Nov 2020Standard Chartered Bank₹6.00 MSatisfied
23 Feb 2018Standard Chartered Bank₹5.60 CrSatisfied
27 Oct 2017Standard Chartered Bank₹3.00 CrSatisfied
27 Oct 2017Standard Chartered Bank₹1.00 CrSatisfied
27 Jan 2014Allahabad Bank₹3.00 CrSatisfied

How Many Employees Work at High Spirit Soft Bags?

High Spirit Soft Bags has a workforce of 5 employees as of Apr 06, 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 Soft Bags Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of High Spirit Soft Bags, 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 Soft Bags'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 Soft Bags

Recent activity within the organization

  • Annual General Meeting

    High Spirit Soft Bags Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    High Spirit Soft Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Bhagwan Swaroop Chandak was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Charges

    A charge registered on 19 Nov 2020 via Charge ID 100388960 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.

  • Charges

    A charge registered on 23 Feb 2018 via Charge ID 100158695 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.

  • Charges

    A charge registered on 27 Oct 2017 via Charge ID 100131945 with Standard Chartered Bank was fully satisfied on 13 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of High Spirit Soft Bags Private Limited?

    High Spirit Soft Bags Private Limited was incorporated on 14 Jun 2012.

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

    The authorized share capital of High Spirit Soft Bags Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of High Spirit Soft Bags Private Limited?

    Currently 4 directors are associated with High Spirit Soft Bags Private Limited.

    • Arvind Kumar Chandak
    • Tushar Jain
    • Ashish Ramgopal Mandowara
    • Bhagwan Swaroop Chandak

  • What is the registered address of High Spirit Soft Bags Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of High Spirit Soft Bags Private Limited is Universal Majestic 1008 10Th Floor P L Lokhande Marg Ghatkopar Mankhurd Link Rd, Govandi (West) India, Mumbai, Maharashtra, 400043.

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

    The corporate identification number (CIN) of High Spirit Soft Bags Private Limited is U19115MH2012PTC232207 and the company number is 232207 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of High Spirit Soft Bags Private Limited?

    The Official website of High Spirit Soft Bags Private Limited is https://www.prioritybags.in

  • What has been the recent revenue trend for High Spirit Soft Bags Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for High Spirit Soft Bags Private Limited has risen by 115.10%.

  • How many employees does High Spirit Soft Bags Private Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by High Spirit Soft Bags Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of High Spirit Soft Bags Private Limited has experienced an upsurge of 20.51%.

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

    The most recent Balance Sheet for High Spirit Soft Bags Private Limited was filed with the ROC on 31 Mar 2024.

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