M D Devcon Private Limited
About M D Devcon Private Limited
Data last updated:
M D Devcon Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 December 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC225356. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Jaycee Devcon Private Limited. It was led by directors Mukesh Lakshman Bhagtani and Diipesh Lakshman Bhagtani.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 501 5th Floor Prime Plaza Next To Asha Parekh Hospital S V Road Santacruz West, Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2015, the company reported a revenue of ₹4.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 39.5%) and EBITDA of ₹2.74 Lakh (EBITDA margin 58.6%).
Court records list 20 cases involving the company, including 20 filed against it; 8 cases are pending.
Company details
Contact details
M D Devcon Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address501 5th Floor Prime Plaza Next To Asha Parekh Hospital S V Road Santacruz West, Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of M D Devcon 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
Business activity
The main business activities of M D Devcon are real estate and financial and insurance service. In detail, this covers real estate activities on fee or contract basis and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of M D Devcon Private Limited, buy the company report.
Financials of M D Devcon Private Limited
FY 2015 filings availableM D Devcon Private Limited reported revenue of ₹4.67 Lakh (up 227% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 227% in the latest year. EBITDA rose 967% in the latest 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 | ₹4.67 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.74 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.85 Lakh |
| 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 | 58.6% |
| Net Profit Margin | 39.5% |
| 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 M D Devcon Private Limited, buy the company report.
Board of directors of M D Devcon Private Limited
M D Devcon has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Lakshman Bhagtani | Director | 23 Dec 2011 | 14 Years 10 Months | As last reported |
| Diipesh Lakshman Bhagtani Also directs: Jaycee Homes Private Limited, E D Developers Private Limited | Director | 23 Dec 2011 | 14 Years 10 Months | As last reported |
Auditor
M D Devcon Private Limited is audited by H B K & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B K & ASSOCIATES | FY 2015 | 131688W |
Shareholding
The shareholding of M D Devcon 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 M D Devcon Private Limited, buy the company report.
Legal cases
M D Devcon Private Limited has 20 court cases on record: 20 filed against it. 8 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 4 |
| NCLAT | 8 | 8 | 4 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Assured Advertising and Media Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Assured Advertising and Media Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by M/S. Assured Advertising and Media Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by M/S. Assured Advertising and Media Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
To see the full case history of M D Devcon 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 M D Devcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M D Devcon 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 M D Devcon Private Limited, buy the company report.
Recent activity
M D Devcon Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Lakshman Purshottam Bhagtani ceased to be Director on 01 Oct 2016.
Frequently asked questions
M D Devcon has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
M D Devcon 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 23 December 2011 and is registered under CIN U45400MH2011PTC225356. The company has been struck off by the Registrar of Companies and is no longer operational.
M D Devcon had 2 directors:
- Mukesh Lakshman Bhagtani - Director
- Diipesh Lakshman Bhagtani - Director
The CIN (Corporate Identification Number) of M D Devcon is U45400MH2011PTC225356. 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 M D Devcon is at 501 5th Floor Prime Plaza Next To Asha Parekh Hospital S V Road Santacruz West, Mumbai, Maharashtra, India – 400054.
M D Devcon was incorporated on 23 December 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of M D Devcon on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. M D Devcon has 1 GST registration on record and it is cancelled or inactive.
M D Devcon operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
M D Devcon has 20 court cases on record: 20 filed against it. 8 are pending. Most are in the district courts.