Aspen Realcon Private Limited
About Aspen Realcon Private Limited
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Aspen Realcon Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2010PTC156233. Its GSTIN is 19AAJCA1462C1ZY (West Bengal).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chandra Hati and Mahendra Hati.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at At – Rajarhart Newtown Aa – Iiib Hazrakalim Adir, Kolkata, West Bengal, India – 700156.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.24 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹7.51 Lakh (net margin 6.1%) and EBITDA of ₹21.25 Lakh (EBITDA margin 17.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹82.85 Lakh on record. Court records list 28 cases involving the company, including 14 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aspen Realcon Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt – Rajarhart Newtown Aa – Iiib Hazrakalim Adir, Kolkata, West Bengal, India – 700156
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aspen Realcon 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 Aspen Realcon 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 Aspen Realcon Private Limited, buy the company report.
Financials of Aspen Realcon Private Limited
FY 2020 filings availableAspen Realcon Private Limited reported revenue of ₹1.24 Cr (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 73% fall in the latest year. EBITDA fell 45% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹21.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.2% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Aspen Realcon Private Limited, buy the company report.
Board of directors of Aspen Realcon Private Limited
Aspen Realcon has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Hati | Director | 27 Dec 2010 | 15 Years 10 Months | Current |
| Mahendra Hati | Director | 18 Mar 2013 | 13 Years 7 Months | Current |
Auditor
Aspen Realcon Private Limited is audited by KUMARROY BARMAN PRASANTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMARROY BARMAN PRASANTA & ASSOCIATES | FY 2020 | 330634E |
Shareholding
The shareholding of Aspen Realcon Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aspen Realcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2018 | 100151977 | Vijaya Bank | ₹13.9 Lakh | Open | |
| 31 Oct 2017 | 100135093 | Vijaya Bank | ₹30 Lakh | Open | |
| 29 Sep 2014 | 10526782 | Vijaya Bank | ₹4.65 Lakh | Open | |
| 29 Sep 2014 | 10526787 | Vijaya Bank | ₹4.65 Lakh | Open | |
| 29 Sep 2014 | 10526861 | Vijaya Bank | ₹4.65 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Aspen Realcon Private Limited has 28 court cases on record: 14 filed by Aspen Realcon, 14 filed against it. 5 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 3 |
| High courts | 14 | 0 | 2 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Limited | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against State of West Bengal and Ors. | Pending |
| Calcutta High Court | Writ petition | Filed by the company against The W.B. Housing Development Corporation (Wbhidco)& Ors | Pending |
| District court, Nadia, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Aspen Realcon 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 Aspen Realcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aspen Realcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCA1462C1ZY | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aspen Realcon Private Limited, buy the company report.
Recent activity
Aspen Realcon Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Soma Sardar ceased to be Director on 20 Mar 2013.
Frequently asked questions
Aspen Realcon is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 December 2010 (16+ years old) and is registered under CIN U45400WB2010PTC156233.
Aspen Realcon has 2 current directors:
- Chandra Hati - Director
- Mahendra Hati - Director
The latest financial statements of Aspen Realcon on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Aspen Realcon is 19AAJCA1462C1ZY, registered in West Bengal.
The CIN (Corporate Identification Number) of Aspen Realcon is U45400WB2010PTC156233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspen Realcon has 28 court cases on record: 14 filed by the company and 14 filed against it. 5 are pending. Most are in the district courts.
Aspen Realcon was incorporated on 27 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
Soma Sardar ceased to be Director on 20 Mar 2013. Mahendra Hati was appointed as Director on 18 Mar 2013. Chandra Hati was appointed as Director on 27 Dec 2010.
The registered office of Aspen Realcon is at At – Rajarhart Newtown Aa – Iiib Hazrakalim Adir, Kolkata, West Bengal, India – 700156.
Aspen Realcon operates in the real estate and construction industry, in the real estate builders and developers segment.