Island Abasan Pvt Ltd
About Island Abasan Pvt Ltd
Data last updated:
Island Abasan Pvt Ltd was a private limited company based in Faridabad, Haryana, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the real estate financing segment of the financial services sector. It was incorporated on 16 May 2006.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70101HR2006PTC065961.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.77 Lakh. It was led by directors including Sunita Agarwal and Swati Singhania (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at E – 7/8 Sgm Nagar Badkhal Road, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.64 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹74,085 (net margin 45.2%) and EBITDA of ₹84,473 (EBITDA margin 51.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 46% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Island Abasan has one previous CIN (Corporate Identification Number): U70101WB2006PTC109406. The current CIN is U70101HR2006PTC065961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101HR2006PTC065961 | Current |
| U70101WB2006PTC109406 | Previous |
Contact details
Island Abasan Pvt Ltd's registered office is in Faridabad, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 7/8 Sgm Nagar Badkhal Road, Faridabad, Haryana, India – 121001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Island Abasan Pvt Ltd, 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
Business activity
The main business activity of Island Abasan is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Island Abasan Pvt Ltd, buy the company report.
Financials of Island Abasan Pvt Ltd
FY 2022 filings availableIsland Abasan Pvt Ltd reported revenue of ₹1.64 Lakh (up 19% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 19% growth in the latest year. EBITDA rose 58% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹84,473 | ||||
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| Net Profit (PAT) | ₹74,085 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.5% | ||||
| Net Profit Margin | 45.2% | ||||
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To see the full financial statements and ratios of Island Abasan Pvt Ltd, buy the company report.
Board of directors of Island Abasan Pvt Ltd
Island Abasan has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Agarwal Also directs: Megabyte Nirman Pvt Ltd | Director | 09 Feb 2015 | 11 Years 8 Months | As last reported |
| Swati Singhania Also directs: Asian Hotels (East) Limited, Shree Karni Fabcom Limited, Rajami Retail Private Limited and 1 more | Irp/Rp/Liquidator | 20 Apr 2023 | 3 Years 6 Months | As last reported |
| Gopal Agrawal | Director | 09 Feb 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Island Abasan Pvt Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RVC Estates Private Limited | ₹1.65 Lakh (FY 2021) | -82.0% | Gurugram, Haryana, India | |||
| Aask Corporate Consultancy and Holdings Private Limited | ₹1.65 Lakh (FY 2025) | 22.0% | Indore, Madhya Pradesh, India | |||
| Santlal Commodities and Stocks Limited | ₹1.65 Lakh (FY 2025) | -59.0% | Mainpuri, Uttar Pradesh, India | |||
| Island Abasan Pvt Ltdthis company | ₹1.64 Lakh (FY 2022) | ₹74,085 | 45.2% | 19.0% | Faridabad, Haryana, India | |
| Drass Properties Private Limited | ₹1.63 Lakh (FY 2025) | -86.0% | New Delhi, Delhi, India | |||
| Varkha Construction Private Limited | ₹1.63 Lakh (FY 2024) | -27.0% | Kolkata, West Bengal, India | |||
| Evershine Construction Company Private Limited | ₹1.63 Lakh (FY 2024) | -27.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Island Abasan Pvt Ltd, buy the company report.
Auditor
Island Abasan Pvt Ltd is audited by S R G M & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R G M & ASSOCIATES | FY 2018 | 024189N |
Shareholding
The shareholding of Island Abasan Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Island Abasan Pvt Ltd, buy the company report.
Legal cases
Island Abasan Pvt Ltd has 1 court case on record: 1 filed by Island Abasan. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Island Abasan Pvt Ltd, 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 Island Abasan Pvt Ltd; 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 Island Abasan Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Island Abasan Pvt Ltd has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Swati Singhania was appointed as Irp/Rp/Liquidator on 20 Apr 2023.
Frequently asked questions
Island Abasan has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Island Abasan was a private limited company based in Faridabad, Haryana, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 16 May 2006 and is registered under CIN U70101HR2006PTC065961. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Island Abasan was incorporated on 16 May 2006. It is registered with the Registrar of Companies, Delhi.
Island Abasan had 3 directors:
- Sunita Agarwal - Director
- Gopal Agrawal - Director
- Swati Singhania - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Island Abasan is U70101HR2006PTC065961. 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 Island Abasan is at E – 78 Sgm Nagar Badkhal Road, Faridabad, Haryana, India – 121001.
The latest financial statements of Island Abasan on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
Island Abasan operated in the financial services industry, in the real estate financing segment.
The peers of Island Abasan by revenue are RVC Estates Private Limited, Aask Corporate Consultancy and Holdings Private Limited, Santlal Commodities and Stocks Limited, Drass Properties Private Limited, Varkha Construction Private Limited and 1 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Island Abasan has 1 court case on record: 1 filed by the company.
Swati Singhania was appointed as Irp/Rp/Liquidator on 20 Apr 2023. Ashok Kumar Agarwal ceased to be Director on 10 Feb 2015. Brajesh Agrawal ceased to be Director on 10 Feb 2015. Island Abasan has 5 board changes on record in total.
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