Andes Town Planners Private Limited
About Andes Town Planners Private Limited
Data last updated:
Andes Town Planners Private Limited is a private limited company based in New Delhi, Delhi, 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 26 August 2006.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PTC152579. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.01 Cr. It is led by directors including Ashok Kumar Gupta (Irp/Rp/Liquidator) and Paresh Rastogi.
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 is at F – 50 – B F No – 2 F/F Madhu Vihar, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2018, the company reported a revenue of ₹77.46 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹9.11 Lakh (net margin -11.8%) and EBITDA of -₹9.07 Lakh (EBITDA margin -11.7%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years.
The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹183.6 Cr and satisfied charges of ₹138.7 Cr on record. Court records list 26 cases involving the company, including 2 filed by the company and 24 filed against it; 10 cases are pending.
Company details
Contact details
Andes Town Planners Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressF – 50 – B F No – 2 F/F Madhu Vihar, New Delhi, Delhi, India – 110092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Andes Town Planners 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 Andes Town Planners 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 Andes Town Planners Private Limited, buy the company report.
Financials of Andes Town Planners Private Limited
FY 2018 filings availableAndes Town Planners Private Limited reported revenue of ₹77.46 Lakh (down 97% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over three years, including a 97% fall in the latest year. EBITDA fell 659% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹77.46 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹9.07 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹9.11 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -11.7% | |||
| Net Profit Margin | -11.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 Andes Town Planners Private Limited, buy the company report.
Board of directors of Andes Town Planners Private Limited
Andes Town Planners 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 |
|---|---|---|---|---|
| Paresh Rastogi Also directs: Crystals and Chemical Laboratories Private Limited, Fortek Bio-Sciences Private Limited, Prosix Infotech Private Limited and 2 more | Additional Director | 24 Jun 2008 | 18 Years 4 Months | As last reported |
| Ashok Kumar Gupta Also directs: Proresolution Advisors LLP, Agml Ipe Services Private Limited | Irp/Rp/Liquidator | 16 Mar 2023 | 3 Years 7 Months | As last reported |
| Piyush Rastogi Also directs: Crystals and Chemical Laboratories Private Limited, Genesis Club Limited, Clarion Projects Private Limited and 1 more | Additional Director | 24 Jun 2008 | 18 Years 4 Months | As last reported |
Auditor
Andes Town Planners Private Limited is audited by ANIL SONI AND ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL SONI AND ASSOCIATES | FY 2018 | 022577C |
Shareholding
The shareholding of Andes Town Planners Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Andes Town Planners Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2015 | 10595659 | Ifci Limited | ₹25 Cr | Open | |
| 01 Oct 2014 | 10527111 | Others | ₹90 Cr | Open | |
| 31 Aug 2014 | 10518658 | Pnb Housing Finance Limited | ₹7.57 Cr | Open | |
| 26 Jun 2014 | 10527845 | Syndicate Bank | ₹14 Cr | Open | |
| 31 Mar 2014 | 10488329 | Corporation Bank | ₹10 Cr | Open |
To see the full charge records of Andes Town Planners Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Andes Town Planners Private Limited has 26 court cases on record: 2 filed by Andes Town Planners, 24 filed against it. 10 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 7 |
| District courts | 8 | 7 | 3 |
| NCLAT | 6 | 6 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed against the company by M/S Cis Land Developers LLP Thru. Partner Mr.Sahejdeep Singh | Pending |
| District court, Lucknow, Uttar Pradesh | Civil suit | Filed against the company by M/S Cis Infrastructure LLP Through Its Designated Partner | Pending |
| District court, Lucknow, Uttar Pradesh | Cheque dishonour complaint | Filed against the company by M/S Idbi Bank Ltd. Through Manager Shailesh Kumar Yadav | Pending |
| Allahabad High Court | Writ petition | Filed against the company by M/S Cis Infrastructure LLP Thru. Director Lko. | Disposed |
| Allahabad High Court | Writ petition | Filed against the company by M/S Cis Land Developers LLP Thru. Director Lko. | Disposed |
To see the full case history of Andes Town Planners 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 Andes Town Planners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Andes Town Planners has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Neptune Retails Private Limited | U51909DL2005PTC135507 |
To see the full group structure of Andes Town Planners Private Limited, buy the company report.
Employees & EPFO
Andes Town Planners Private Limited has a workforce of 6 employees on its EPFO records as of Aug 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 6 |
| FY 2016-17 |
To see the full employee and EPFO history of Andes Town Planners Private Limited, buy the company report.
GST
Andes Town Planners has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Andes Town Planners Private Limited, buy the company report.
Recent activity
Andes Town Planners Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Ashok Kumar Gupta was appointed as Irp/Rp/Liquidator on 16 Mar 2023.
13 earlier events are in the company report.
Frequently asked questions
Andes Town Planners 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.
Andes Town Planners is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 August 2006 and is registered under CIN U70109DL2006PTC152579. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Andes Town Planners has 3 current directors:
- Paresh Rastogi - Additional Director
- Piyush Rastogi - Additional Director
- Ashok Kumar Gupta - Irp/Rp/Liquidator
The latest financial statements of Andes Town Planners 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.
The CIN (Corporate Identification Number) of Andes Town Planners is U70109DL2006PTC152579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Andes Town Planners has open charges of ₹183.6 Cr and satisfied charges of ₹138.7 Cr as per latest MCA filings.
Andes Town Planners has 26 court cases on record: 2 filed by the company and 24 filed against it. 10 are pending. Most are in the high courts.
Andes Town Planners was incorporated on 26 August 2006. It is registered with the Registrar of Companies, Delhi.
Ashok Kumar Gupta was appointed as Irp/Rp/Liquidator on 16 Mar 2023. Akhil Chandra Seth ceased to be Director on 04 Aug 2008. Vijay Rastogi ceased to be Director on 04 Aug 2008. Andes Town Planners has 5 board changes on record in total.
The registered office of Andes Town Planners is at F – 50 – B F No – 2 FF Madhu Vihar, New Delhi, Delhi, India – 110092.
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