Fare Developers Private Limited
About Fare Developers Private Limited
Data last updated:
Fare Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 17 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PTC151093.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Heeralal Prabhakar and Paramveer Singh.
Its last annual general meeting (AGM) was held on 14 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ja 0911 Plot No.10 Dda District Centre, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2017, the company reported a revenue of ₹20,000. For the same year it recorded a net loss of ₹5,290 (net margin -26.4%) and EBITDA of -₹14,965 (EBITDA margin -74.8%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fare Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJa 0911 Plot No.10 Dda District Centre, New Delhi, Delhi, India – 110020
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Fare Developers Private Limited, buy the company report.
- 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
Financials of Fare Developers Private Limited
FY 2024 filings availableFare Developers Private Limited reported revenue of ₹20,000 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹20,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹14,965 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5,290 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -74.8% | ||
| Net Profit Margin | -26.4% | ||
| 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 Fare Developers Private Limited, buy the company report.
Board of directors of Fare Developers Private Limited
Fare Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heeralal Prabhakar Also directs: Falcon Buildtech Private Limited, Saamag Agro and Dairy Products Private Limited, Saamag Mart Retail Private Limited and 5 more | Director | 21 Apr 2018 | 8 Years 6 Months | Current |
| Paramveer Singh Also directs: Somap Infrasturcture Limited, Saamag Agro Farms Private Limited, Saamag Housing Private Limited and 5 more | Additional Director | 21 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Fare Developers Private Limited is audited by AVTARSINGH&ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVTARSINGH&ASSOCIATES | FY 2017 | 006042N |
Shareholding
The shareholding of Fare Developers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fare Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fare Developers 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 Fare Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fare Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fare Developers Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Paramveer Singh was appointed as Additional Director on 21 Apr 2023.
1 earlier event is in the company report.
Frequently asked questions
Fare Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 17 July 2006 (20+ years old) and is registered under CIN U70109DL2006PTC151093.
Fare Developers has 2 current directors:
- Heeralal Prabhakar - Director
- Paramveer Singh - Additional Director
The latest financial statements of Fare Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 November 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fare Developers is U70109DL2006PTC151093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fare Developers was incorporated on 17 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Paramveer Singh was appointed as Additional Director on 21 Apr 2023. Vinay Kumar ceased to be Director on 21 Apr 2023. Heeralal Prabhakar ceased to be Additional Director on 20 Sep 2018. Fare Developers has 10 board changes on record in total.
The registered office of Fare Developers is at Ja 0911 Plot No.10 Dda District Centre, New Delhi, Delhi, India – 110020.
Fare Developers operates in the real estate industry, in the real estate leasing segment.
The compliance status of Fare Developers is compliant as of 21 August 2026. The company is actively filing with the Registrar of Companies.
Fare Developers can be reached at its registered office: Ja 0911 Plot No.10 Dda District Centre, New Delhi, Delhi, India – 110020.