About Adarsh Super Construction Private Limited
Data last updated:
Adarsh Super Construction Private Limited is a private limited company based in Mohali, Punjab, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 March 2009.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45200PB2009PTC032660. Its GSTIN is 03AAICA9366N1Z6 (Punjab).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11 Lakh. It was formerly known as Adarsh Structures Private Limited. It is led by directors including Gurmukh Singh and Avtar Singh.
Its last annual general meeting (AGM) was held on 10 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mohali, Punjab.
As per the financials filed for FY 2023, the company reported a revenue of ₹93.14 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Lakh (net margin 1.3%) and EBITDA of ₹28.65 Lakh (EBITDA margin 30.8%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹1.69 Cr and satisfied charges of ₹1.24 Cr on record. Court records list 23 cases involving the company, including 5 filed by the company and 18 filed against it; 4 cases are pending.
The last known website on record is adarshsupercon.com.
Company details
Contact details
Adarsh Super Construction Private Limited's registered office is in Mohali, Punjab. Its website is adarshsupercon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.E – 328 Phase – 8 – A Industrial Area (Opp. New Judicial Compl, Ex), Mohali, Punjab, India – 160070
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Adarsh Super Construction 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 Adarsh Super Construction is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Adarsh Super Construction Private Limited, buy the company report.
Financials of Adarsh Super Construction Private Limited
FY 2023 filings availableAdarsh Super Construction Private Limited reported revenue of ₹93.14 Lakh (down 57% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 57% fall in the latest year. EBITDA rose 4% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹93.14 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.22 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.8% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Adarsh Super Construction Private Limited, buy the company report.
Board of directors of Adarsh Super Construction Private Limited
Adarsh Super Construction has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurmukh Singh | Director | 08 Aug 2022 | 4 Years 2 Months | As last reported |
| Avtar Singh | Director | 31 Aug 2017 | 9 Years 2 Months | As last reported |
| Jaswinder Singh Sandhu | Additional Director | 28 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Adarsh Super Construction Private Limited is audited by Jain Rajeev & Associate for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Rajeev & Associate | FY 2023 | 0275217 |
Shareholding
The shareholding of Adarsh Super Construction Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adarsh Super Construction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2017 | 100124753 | Others | ₹1.57 Cr | Open | |
| 18 Jan 2017 | 100089255 | Vijaya Bank | ₹8.04 Lakh | Open | |
| 24 Jun 2015 | 10614031 | Vijaya Bank | ₹3.5 Lakh | Open | |
| 03 Dec 2010 | 10262708 | Oriental Bank of Commerce | ₹1.24 Cr | Satisfied |
To see the full charge records of Adarsh Super Construction Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Adarsh Super Construction Private Limited has 23 court cases on record: 5 filed by Adarsh Super Construction, 18 filed against it. 4 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 14 | 3 |
| High courts | 3 | 2 | 1 |
| NCLT | 3 | 2 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Acc Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Prism Johnson Limited | Disposed |
| District court, Mohali, Punjab | Civil miscellaneous application | Filed by the company against M/S Vishavkarma Machanical Works Pvt. Ltd. and 1 other | Disposed |
| District court, Mohali, Punjab | Execution petition | Filed against the company by Ms Vishavkarama Mechanicval Works Pvt. Ltd. | Disposed |
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed by the company against Preet Land Promoters and Developers Private Ltd. and 3 others | Disposed |
To see the full case history of Adarsh Super Construction 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 Adarsh Super Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adarsh Super Construction has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAICA9366N1Z6 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adarsh Super Construction Private Limited, buy the company report.
Recent activity
Adarsh Super Construction Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Amar Deep Sandhu ceased to be Director on 09 Aug 2022.
5 earlier events are in the company report.
Frequently asked questions
Adarsh Super Construction 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.
Adarsh Super Construction is a company under insolvency, formerly operating as a private limited company based in Mohali, Punjab, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 March 2009 and is registered under CIN U45200PB2009PTC032660. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Adarsh Super Construction has 3 current directors:
- Gurmukh Singh - Director
- Avtar Singh - Director
- Jaswinder Singh Sandhu - Additional Director
The latest financial statements of Adarsh Super Construction on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 10 December 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Adarsh Super Construction is U45200PB2009PTC032660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adarsh Super Construction has open charges of ₹1.69 Cr and satisfied charges of ₹1.24 Cr as per latest MCA filings.
Adarsh Super Construction has 23 court cases on record: 5 filed by the company and 18 filed against it. 4 are pending. Most are in the district courts.
Adarsh Super Construction was incorporated on 06 March 2009. It is registered with the Registrar of Companies, Chandigarh.
Amar Deep Sandhu ceased to be Director on 09 Aug 2022. Gurmukh Singh was appointed as Director on 08 Aug 2022. Jaswinder Singh Sandhu was appointed as Additional Director on 28 Dec 2017. Adarsh Super Construction has 7 board changes on record in total.
Adarsh Super Construction can be reached through the website adarshsupercon.com. Its registered office is in Mohali, Punjab, India.
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