About Friends Development Corporation (Imperia) Private Limited
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Friends Development Corporation (Imperia) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Dosti Realty Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2010PTC206647. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5.09 Cr. It was led by directors including Rajesh Premji Shah and Rajul Vrajlal Vora.
Its last annual general meeting (AGM) was held on 26 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Lawrency & Mayo House 1st Floor 276 Dr.D.N.Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2015, the company reported a revenue of ₹199.85 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹22.04 Cr (net margin 11%) and EBITDA of ₹45.02 Cr (EBITDA margin 22.5%). Revenue has grown at a compounded annual rate (CAGR) of 475% over three years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is dostirealty.com.
Company details
Contact details
Friends Development Corporation (Imperia) Private Limited's registered office is in Mumbai, Maharashtra. Its website is dostirealty.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressLawrency & Mayo House 1st Floor 276 Dr.D.N.Road, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Friends Development Corporation (Imperia) 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 Friends Development Corporation (Imperia) Private Limited
FY 2015 filings availableFriends Development Corporation (Imperia) Private Limited reported revenue of ₹199.85 Cr (up 66% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 475% over three years, including 66% growth in the latest year. EBITDA rose 82% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹199.85 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹45.02 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹22.04 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 22.5% |
| Net Profit Margin | 11% |
| 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 Friends Development Corporation (Imperia) Private Limited, buy the company report.
Board of directors and KMP of Friends Development Corporation (Imperia) Private Limited
Friends Development Corporation (Imperia) Private Limited currently reports 7 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Premji Shah Also directs: KNK Trading Private Limited, Bhavanika Buildcon Private Limited, Adrika Developers Private Limited and 5 more | Director | 16 Aug 2010 | 16 Years 2 Months | As last reported |
| Rajul Vrajlal Vora Also directs: KNK Trading Private Limited, Bhavanika Buildcon Private Limited, Adrika Developers Private Limited and 5 more | Director | 16 Aug 2010 | 16 Years 2 Months | As last reported |
| Nayan Champaklal Shah Also directs: Eximius Infotech Private Limited, True Care Education Private Limited, True Care Doc Private Limited and 4 more | Director | 29 Sep 2014 | 12 Years 1 Months | As last reported |
| Kishan Chunilal Goradia | Director | 16 Aug 2010 | 16 Years 2 Months | As last reported |
| Heman Narayandas Ashar | Person Incharge | 02 Jan 2011 | 15 Years 10 Months | As last reported |
| Deepak Kishan Goradia Also directs: Dosti Seaview Realty LLP, Enerzium Oil & Gas Services Private Limited, KNK Trading Private Limited and 5 more | Director | 16 Aug 2010 | 16 Years 2 Months | As last reported |
Auditor
Friends Development Corporation (Imperia) Private Limited is audited by NATVARLAL VEPARI & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATVARLAL VEPARI & CO | FY 2015 | 106971W |
Shareholding
The shareholding of Friends Development Corporation (Imperia) Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Friends Development Corporation (Imperia) Private Limited, buy the company report.
Legal cases
Friends Development Corporation (Imperia) Private Limited has 3 court cases on record: 2 filed by Friends Development Corporation (Imperia), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Friends Development Corporation (Imperia) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Friends Development Corporation (Imperia) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Friends Development Corporation (Imperia) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Friends Development Corporation (Imperia) Private Limited, buy the company report.
Recent activity
Friends Development Corporation (Imperia) Private Limited has 11 board changes on record since 2010: 8 appointments and 3 cessations. The latest: Hiten Chandulal Timbadia ceased to be Additional Director on 26 Sep 2015.
2 earlier events are in the company report.
News
Frequently asked questions
Friends Development Corporation (Imperia) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Friends Development Corporation (Imperia) was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 August 2010 and is registered under CIN U45400MH2010PTC206647. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Friends Development Corporation (Imperia) was incorporated on 16 August 2010. It is registered with the Registrar of Companies, Mumbai.
Friends Development Corporation (Imperia) had 8 directors and KMP:
- Rajesh Premji Shah - Director
- Rajul Vrajlal Vora - Director
- Nayan Champaklal Shah - Director
- Kishan Chunilal Goradia - Director
- Deepak Kishan Goradia - Director
- Hiten Chandulal Timbadia - Director
- Heman Narayandas Ashar - Person Incharge
- Narendra Ramniranjan Jain - Company Secretary
The CIN (Corporate Identification Number) of Friends Development Corporation (Imperia) is U45400MH2010PTC206647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Friends Development Corporation (Imperia) is at Lawrency & Mayo House 1st Floor 276 Dr.D.N.Road, Mumbai, Maharashtra, India – 400001.
Friends Development Corporation (Imperia) can be reached through the website dostirealty.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Friends Development Corporation (Imperia) on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 26 September 2015. Year-wise statements from 2015 are in the company report.
No. Friends Development Corporation (Imperia) has 1 GST registration on record and it is cancelled or inactive.
Friends Development Corporation (Imperia) operated in the real estate and construction industry, in the real estate builders and developers segment.
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