Sanand Properties Private Limited
About Sanand Properties Private Limited
Data last updated:
Sanand Properties Private Limited was a private limited company based in Pune, Maharashtra, India. 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 06 October 1997.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN1997PTC111093. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹57,000. It was led by directors including Ashok Venilal Suratwala and Pravin Hiralal Jain.
Its last annual general meeting (AGM) was held on 07 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Pune, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.33 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Cr (net margin 65.7%) and EBITDA of ₹4.02 Cr (EBITDA margin 92.7%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years.
Court records list 21 cases involving the company, including 8 filed by the company and 13 filed against it; 3 cases are pending.
Company details
CIN history
Sanand Properties has one previous CIN (Corporate Identification Number): U70101MH1997PTC111093. The current CIN is U70101PN1997PTC111093, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101PN1997PTC111093 | Current |
| U70101MH1997PTC111093 | Previous |
Contact details
Sanand Properties Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address502 Surad Appt. 106/13 Erandawana Off Ketkar Road Opp. Shamrao Kalmadi Sc, Hool, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sanand Properties 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 activity of Sanand Properties 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 |
Financials of Sanand Properties Private Limited
FY 2019 filings availableSanand Properties Private Limited reported revenue of ₹4.33 Cr (down 8% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over three years, including a 8% fall in the latest year. EBITDA rose 2% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.85 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.7% | ||||
| Net Profit Margin | 65.7% | ||||
| 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 Sanand Properties Private Limited, buy the company report.
Board of directors of Sanand Properties Private Limited
Sanand Properties has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Venilal Suratwala Also directs: Riverside Spaces LLP, Surad Physiotherapy Services LLP, Pune E - Stock Broking Limited and 4 more | Director | 30 Mar 2002 | 24 Years 7 Months | As last reported |
| Pravin Hiralal Jain Also directs: Desons Finvest Private Limited | Director | 22 Dec 2008 | 17 Years 10 Months | As last reported |
| Ashwin Rasiklal Bhalakiya | Director | 24 Jan 2017 | 9 Years 9 Months | As last reported |
Peer comparison
Sanand Properties Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| N A Leasing & Credit Private Limited | ₹4.34 Cr (FY 2025) | 127.0% | Noida, Uttar Pradesh, India | |||
| Latent Light Estates Private Limited | ₹4.34 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Sanand Properties Private Limitedthis company | ₹4.33 Cr (FY 2019) | ₹2.85 Cr | 65.7% | -8.0% | Pune, Maharashtra, India | |
| Abhinandan Buildhome Private Limited | ₹4.33 Cr (FY 2025) | -69.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Sanand Properties Private Limited, buy the company report.
Auditor
Sanand Properties Private Limited is audited by SURESH C SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH C SHAH & CO | FY 2019 | 110664W |
Shareholding
The shareholding of Sanand Properties Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sanand Properties Private Limited, buy the company report.
Legal cases
Sanand Properties Private Limited has 21 court cases on record: 8 filed by Sanand Properties, 13 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 2 |
| Supreme Court | 7 | 5 | 1 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Google India Pvt. Ltd. Etc 1 | Disposed |
| Supreme Court | Court case | Filed by the company against Commissioner of Income Tax | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax 3 Pune | Pending |
| Bombay High Court | Tax appeal | Filed by the company against Commissioner of Income Tax-Iii, | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by The PR. Commissioner of Income Tax 3 Pune | Disposed |
To see the full case history of Sanand Properties 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 Sanand Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sanand Properties has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sanand Properties Private Limited, buy the company report.
Recent activity
Sanand Properties Private Limited has 8 board changes on record since 2002: 3 appointments and 5 cessations. The latest: Ashok Venilal Suratwala ceased to be Managing Director on 01 Apr 2018.
Frequently asked questions
Sanand Properties 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.
Sanand Properties was a private limited company based in Pune, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 October 1997 and is registered under CIN U70101PN1997PTC111093. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sanand Properties was incorporated on 06 October 1997. It is registered with the Registrar of Companies, Pune.
Sanand Properties had 3 directors:
- Ashok Venilal Suratwala - Director
- Pravin Hiralal Jain - Director
- Ashwin Rasiklal Bhalakiya - Director
The CIN (Corporate Identification Number) of Sanand Properties is U70101PN1997PTC111093. 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 Sanand Properties is at 502 Surad Appt. 10613 Erandawana Off Ketkar Road Opp. Shamrao Kalmadi Sc, Hool, Pune, Maharashtra, India – 411004.
The latest financial statements of Sanand Properties on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 07 September 2019. Year-wise statements from 2015 are in the company report.
No. Sanand Properties has 3 GST registrations on record and all of them are cancelled or inactive.
Sanand Properties operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Sanand Properties by revenue are N A Leasing & Credit Private Limited, Latent Light Estates Private Limited, Abhinandan Buildhome Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Sanand Properties has 21 court cases on record: 8 filed by the company and 13 filed against it. 3 are pending. Most are in the high courts.
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