Ardour Developers Private Limited
About Ardour Developers Private Limited
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Ardour Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kalpataru Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45300MH2008PTC178011. Its GSTIN is 27AAGCA7628D1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Narendra Kumar Lodha and Devesh Dhananjay Bhatt.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2021, the company reported a revenue of ₹40.97 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Lakh (net margin -4.1%) and EBITDA of -₹1.27 Lakh (EBITDA margin -3.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 56% over five years.
As per MCA filings, the company has open charges of ₹1,950 Cr and satisfied charges of ₹1,033.37 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address101 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Ardour Developers Private Limited
The main business activity of Ardour Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ardour Developers Private Limited FY 2024 filings available
Ardour Developers Private Limited reported revenue of ₹40.97 Lakh (down 80% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Ardour Developers Private Limited
Revenue fell 80% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 56%. 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 of Ardour Developers Private Limited
| 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 | ₹40.97 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.27 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.7 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 of Ardour Developers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ardour Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Ardour Developers Private Limited
Ardour Developers Private Limited is audited by KHIMJI KUNVERJI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHIMJI KUNVERJI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ardour Developers Private Limited
Ardour Developers has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Kumar Lodha Also directs: Kalpataru Property Ventures LLP, Klassik Vinyl Products LLP, MPM Holding LLP and 5 more | Director | 14 Nov 2017 | 8 Years 10 Months | Current |
| Devesh Dhananjay Bhatt Also directs: Eversmile Properties Private Limited, Kalpataru Gardens Private Limited, Padmanagar Constructions Private Limited and 5 more | Director | 11 Oct 2021 | 4 Years 11 Months | Current |
| Jayant Chaganlal Oswal Also directs: Kalpataru Land Private Limited, Abacus Real Estate Private Limited, Mango People Homes LLP and 5 more | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Ardour Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ardour Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2022 | Others | ₹1,950 Cr | Open |
| 09 Jul 2020 | Others | ₹367 Cr | Satisfied |
| 30 May 2020 | Others | ₹225 Cr | Satisfied |
| 02 Aug 2017 | Others | ₹200 Cr | Satisfied |
| 25 Nov 2014 | Capital First Limited | ₹75 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Ardour Developers Private Limited
Employment history and EPFO contributions of people linked to Ardour Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ardour Developers Private Limited
Ardour Developers Private Limited has 15 board changes on record since 2009: 3 appointments and 12 cessations. The latest: Devesh Dhananjay Bhatt ceased to be Additional Director on 29 Nov 2021.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ardour Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ardour Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ardour Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ardour Developers Private Limited
Ardour Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA7628D1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ardour Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ardour Developers Private Limited
Ardour Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 January 2008 (18+ years old) and is registered under CIN U45300MH2008PTC178011.
Ardour Developers reported revenue of ₹40.97 Lakh for FY 2021 (down 80% YoY).
Ardour Developers has 3 current directors:
- Narendra Kumar Lodha - Director
- Devesh Dhananjay Bhatt - Director
- Jayant Chaganlal Oswal - Director
Ardour Developers reported a net loss of ₹1.7 Lakh (net margin -4.1%) and EBITDA of -₹1.27 Lakh (EBITDA margin -3.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ardour Developers is -56% over three years and 56% over five years. In the latest year (FY 2021) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ardour Developers is 27AAGCA7628D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ardour Developers is U45300MH2008PTC178011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ardour Developers was incorporated on 19 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Devesh Dhananjay Bhatt ceased to be Additional Director on 29 Nov 2021. Anuj Amar Munot ceased to be Director on 11 Oct 2021. Devesh Dhananjay Bhatt was appointed as Director on 11 Oct 2021. Ardour Developers has 15 board changes on record in total.
The registered office of Ardour Developers is at 101 Kalpataru Synergy Opp. Grand Hyatt Santacruz East, Mumbai, Maharashtra, India – 400055.