Sussan Project Private Limited
About Sussan Project Private Limited
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Sussan Project Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 08 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74140TN2003PTC051538. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Namitha Surana (Managing Director) and Aalok Surana.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at New No. 250 Old No.113 N.S.C Bose Road First Floor, Chennai, Tamil Nadu, India – 600079.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.4 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹93,826 (net margin -39.1%) and EBITDA of ₹1.59 Lakh (EBITDA margin 66.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sussan Project Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No. 250 Old No.113 N.S.C Bose Road First Floor, Chennai, Tamil Nadu, India – 600079
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Sussan Project 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 Sussan Project Private Limited
FY 2019 filings availableSussan Project Private Limited reported revenue of ₹2.4 Lakh (down 45% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 45% fall in the latest year. EBITDA fell 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 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 | ₹2.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹93,826 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.5% | ||||
| Net Profit Margin | -39.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Sussan Project Private Limited, buy the company report.
Board of directors of Sussan Project Private Limited
Sussan Project 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 |
|---|---|---|---|---|
| Aalok Surana | Director | 20 Jan 2012 | 14 Years 9 Months | Current |
| Shobhag Chand Surana | Director | 08 Sep 2003 | 23 Years 1 Months | Current |
| Namitha Surana | Managing Director | 08 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Sussan Project Private Limited is audited by ABHAY U JAIN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY U JAIN & ASSOCIATES | FY 2017 | 207937 |
Shareholding
The shareholding of Sussan Project Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sussan Project Private Limited, buy the company report.
Legal cases
Sussan Project Private Limited has 3 court cases on record: 1 filed by Sussan Project, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Petition | Filed against the company by individuals | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against an individual | Disposed |
| District court, Chengalpattu, Tamil Nadu | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Sussan Project 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 Sussan Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sussan Project 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 Sussan Project Private Limited, buy the company report.
Recent activity
Sussan Project Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Aalok Surana ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
Sussan Project is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 08 September 2003 (23+ years old) and is registered under CIN U74140TN2003PTC051538.
Sussan Project has 3 current directors:
- Namitha Surana - Managing Director
- Aalok Surana - Director
- Shobhag Chand Surana - Director
The latest financial statements of Sussan Project on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Sussan Project has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sussan Project is U74140TN2003PTC051538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sussan Project has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Sussan Project was incorporated on 08 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Aalok Surana ceased to be Additional Director on 29 Sep 2012. Aalok Surana was appointed as Director on 20 Jan 2012. Ravichandran Ethirajulu ceased to be Additional Director on 30 Sep 2009. Sussan Project has 5 board changes on record in total.
The registered office of Sussan Project is at New No. 250 Old No.113 N.S.C Bose Road First Floor, Chennai, Tamil Nadu, India – 600079.
Sussan Project operates in the real estate industry, in the real estate leasing segment.