Usashi Realstates Private Limited
About Usashi Realstates Private Limited
Data last updated:
Usashi Realstates Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 November 2013.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2013PTC198195. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Dreamparadise Properties Private Limited. It is led by directors Mahesh Kumar Soni and Goutam Kumar Sahoo.
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 is at 86 Golaghata Road Jamuna Appartment, Kolkata, West Bengal, India – 700048.
As per the financials filed for FY 2021, the company reported a revenue of ₹36,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,122 (net margin -39.2%) and EBITDA of ₹6.36 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
The company has about 43 employees on its provident fund (EPFO) records.
Court records list 36 cases involving the company, including 1 filed by the company and 35 filed against it; 21 cases are pending.
Company details
Contact details
Usashi Realstates Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address86 Golaghata Road Jamuna Appartment, Kolkata, West Bengal, India – 700048
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Usashi Realstates 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 Usashi Realstates Private Limited
FY 2022 filings availableUsashi Realstates Private Limited reported revenue of ₹36,000 (up 71900% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 84% over three years. EBITDA fell 33% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14,122 | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -39.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Usashi Realstates Private Limited, buy the company report.
Board of directors of Usashi Realstates Private Limited
Usashi Realstates has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Soni | Director | 01 Dec 2022 | 3 Years 11 Months | As last reported |
| Goutam Kumar Sahoo Also directs: Evanie Infrastructure Private Limited | Director | 20 Feb 2020 | 6 Years 8 Months | As last reported |
Shareholding
The shareholding of Usashi Realstates Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Usashi Realstates Private Limited, buy the company report.
Legal cases
Usashi Realstates Private Limited has 36 court cases on record: 1 filed by Usashi Realstates, 35 filed against it. 21 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 32 | 20 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Lionsec and Mac Escorts Pvt Ltd | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| High Court, West Bengal | Court case (CRR) | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, Paschim Medinpur, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Usashi Realstates 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 Usashi Realstates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Usashi Realstates Private Limited has a workforce of 43 employees on its EPFO records as of May 2019, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 43 |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Usashi Realstates Private Limited, buy the company report.
GST
Usashi Realstates 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 Usashi Realstates Private Limited, buy the company report.
Recent activity
Usashi Realstates Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Mahesh Kumar Soni was appointed as Director on 01 Dec 2022.
Frequently asked questions
Usashi Realstates is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Usashi Realstates is a company under insolvency, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 November 2013 and is registered under CIN U45400WB2013PTC198195. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Usashi Realstates has 2 current directors:
- Mahesh Kumar Soni - Director
- Goutam Kumar Sahoo - Director
The latest financial statements of Usashi Realstates 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.
The CIN (Corporate Identification Number) of Usashi Realstates is U45400WB2013PTC198195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Usashi Realstates has 36 court cases on record: 1 filed by the company and 35 filed against it. 21 are pending. Most are in the district courts.
Usashi Realstates was incorporated on 01 November 2013. It is registered with the Registrar of Companies, Kolkata.
Mahesh Kumar Soni was appointed as Director on 01 Dec 2022. Uma Khan ceased to be Director on 01 Dec 2022. Avijit Dey ceased to be Director on 22 Dec 2021. Usashi Realstates has 8 board changes on record in total.
The registered office of Usashi Realstates is at 86 Golaghata Road Jamuna Appartment, Kolkata, West Bengal, India – 700048.
No. Usashi Realstates has 1 GST registration on record and it is cancelled or inactive.
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