About Alcove Industries Private Limited
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Alcove Industries Private Limited was a private limited company based in Kolkata, West Bengal, 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 10 September 1981.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1981PTC034083. Its GSTIN is 19AACCA3818R1Z6 (West Bengal).
The company had an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.73 Cr. It was formerly known as Alcove Industries Ltd. It was led by directors including Yashaswi Shroff and Rajeev Kejriwal.
Its last annual general meeting (AGM) was held on 18 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 68/2 Harish Mukharjee Road, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.69 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹2.9 Cr and EBITDA of -₹1.86 Cr. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 71% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹43.8 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it.
The last known website on record is alcoverealty.in.
Company details
CIN history
Alcove Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70101WB1981PTC034083, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB1981PTC034083 | Current |
| U70101WB1981PLC034083 | Previous |
| L70101WB1981PLC034083 | Previous |
Contact details
Alcove Industries Private Limited's registered office is in Kolkata, West Bengal. Its website is alcoverealty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address68/2 Harish Mukharjee Road, Kolkata, West Bengal, India – 700025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Alcove Industries 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 Alcove Industries is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Alcove Industries Private Limited, buy the company report.
Financials of Alcove Industries Private Limited
FY 2022 filings availableAlcove Industries Private Limited reported revenue of ₹1.69 Lakh (down 91% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 91% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.86 Cr | ||||
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| Net Profit (PAT) | -₹2.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Alcove Industries Private Limited, buy the company report.
Board of directors of Alcove Industries Private Limited
Alcove Industries has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashaswi Shroff Also directs: Sundarvan Realty Private Limited, Alcove Manufacturers Private Limited, Alcove Electrical Services Private Limited and 4 more | Director | 02 Mar 2021 | 5 Years 8 Months | As last reported |
| Rajeev Kejriwal | Director | 27 Mar 2015 | 11 Years 7 Months | As last reported |
| Archana Shroff Also directs: Nidan Constructions Pvt Ltd, Shronit Builders Pvt Ltd, Sweet Home Constructions Pvt Ltd and 5 more | Director | 02 Mar 2021 | 5 Years 8 Months | As last reported |
Auditor
Alcove Industries Private Limited is audited by SANJAY BAJORIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY BAJORIA & ASSOCIATES | FY 2021 | 117443W |
Shareholding
The shareholding of Alcove Industries Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Alcove Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2019 | 100277982 | Others | ₹9.9 Cr | Satisfied | |
| 13 Feb 2018 | 100162528 | Others | ₹14 Cr | Satisfied | |
| 22 Nov 2001 | 80048294 | Punjab National Bank | ₹19.9 Cr | Satisfied |
To see the full charge records of Alcove Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Alcove Industries Private Limited has 13 court cases on record: 5 filed by Alcove Industries, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| Supreme Court | 4 | 3 | 0 |
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Oriental Structural Engineers Private Limited | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Oriental Structural Engineers Ltd Through Managing Director 21, Commercial Complex, Malcha Marg , District: New Delhi ,New Delhi , Delhi | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Oriental Structural Engineers P. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against Oriental Structural Engineers P.Ltd. | Disposed |
| Supreme Court | Court case (2810-Mercantile Laws, Commercial Transactions Including Banking : Bank Guarantee matters) | Filed against the company by M/S. Oriental Structural Engineers Ltd | Disposed |
To see the full case history of Alcove Industries 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 Alcove Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alcove Industries Private Limited has a workforce of 3 employees on its EPFO records as of Feb 2017.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 3 |
GST
Alcove Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA3818R1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alcove Industries Private Limited, buy the company report.
Recent activity
Alcove Industries Private Limited has 12 board changes on record since 2013: 3 appointments and 9 cessations. The latest: Archana Shroff ceased to be Additional Director on 30 Oct 2021.
11 earlier events are in the company report.
Frequently asked questions
Alcove Industries 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.
Alcove Industries was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 September 1981 and is registered under CIN U70101WB1981PTC034083. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Alcove Industries was incorporated on 10 September 1981. It is registered with the Registrar of Companies, Kolkata.
Alcove Industries had 3 directors:
- Yashaswi Shroff - Director
- Rajeev Kejriwal - Director
- Archana Shroff - Director
The CIN (Corporate Identification Number) of Alcove Industries is U70101WB1981PTC034083. 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 Alcove Industries is at 682 Harish Mukharjee Road, Kolkata, West Bengal, India – 700025.
Alcove Industries can be reached through the website alcoverealty.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Alcove Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 18 October 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Alcove Industries is 19AACCA3818R1Z6, registered in West Bengal.
Alcove Industries operated in the real estate and construction industry, in the real estate builders and developers segment.
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