About Adinath Builders Private Limited
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Adinath Builders Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Lodha Developers Pvt Ltd. 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 04 September 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC164295. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹31 Lakh and a paid-up capital of ₹21.93 Lakh. It was led by directors Bankim Ashok Doshi and Purnima Vikramprasad Pavle.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹30.44 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹22.56 Cr (net margin -74.1%) and EBITDA of ₹7.85 Lakh (EBITDA margin 0.3%).
As per MCA filings, the company had satisfied charges of ₹90 Cr on record. Court records list 22 cases involving the company, including 3 filed by the company and 19 filed against it; 5 cases are pending.
The last known website on record is lodhagroup.com.
Company details
Contact details
Adinath Builders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Adinath Builders 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 Adinath Builders 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 |
To see the full business activity and turnover split of Adinath Builders Private Limited, buy the company report.
Financials of Adinath Builders Private Limited
FY 2018 filings availableAdinath Builders Private Limited reported revenue of ₹30.44 Cr (down 46% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year. EBITDA rose 933% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹7.85 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹22.56 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 0.3% | |||
| Net Profit Margin | -74.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Adinath Builders Private Limited, buy the company report.
Board of directors of Adinath Builders Private Limited
Adinath Builders has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purnima Vikramprasad Pavle | Nominee Director | 04 Oct 2013 | 13 Years 0 Months | As last reported |
| Bankim Ashok Doshi | Director | 06 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
Adinath Builders Private Limited is audited by SHANKER AND KAPANI for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHANKER AND KAPANI | FY 2016 | 117761W |
Shareholding
The shareholding of Adinath Builders 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 Adinath Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2010 | 10244717 | Punjab & Sind Bank | ₹90 Cr | Satisfied |
To see the full charge records of Adinath Builders Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Adinath Builders Private Limited has 22 court cases on record: 3 filed by Adinath Builders, 19 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 17 | 5 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Meghal Homes Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 4 | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 4 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-Central-4 | Pending |
To see the full case history of Adinath Builders 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 Adinath Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adinath Builders 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 Adinath Builders Private Limited, buy the company report.
Recent activity
Adinath Builders Private Limited has 20 board changes on record since 2009: 2 appointments and 18 cessations. The latest: Kishore Purushottam Tidke ceased to be Nominee Director on 26 Jul 2018.
13 earlier events are in the company report.
Frequently asked questions
Adinath Builders 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.
Adinath Builders 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 04 September 2006 and is registered under CIN U45201MH2006PTC164295. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Adinath Builders was incorporated on 04 September 2006. It is registered with the Registrar of Companies, Mumbai.
Adinath Builders had 2 directors:
- Purnima Vikramprasad Pavle - Nominee Director
- Bankim Ashok Doshi - Director
The CIN (Corporate Identification Number) of Adinath Builders is U45201MH2006PTC164295. 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 Adinath Builders is at 412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001.
Adinath Builders can be reached through the website lodhagroup.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Adinath Builders on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
No. Adinath Builders has 1 GST registration on record and it is cancelled or inactive.
Adinath Builders operated in the real estate and construction industry, in the real estate builders and developers segment.