
Astilbe Builders Limited
About Astilbe Builders Limited
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Astilbe Builders Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Indiabulls Distribution Services Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 03 January 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70102DL2013PLC247000.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Astilbe Builders Private Limited. It was led by directors including Sudhir Khullar and Sumer Singh Tokas.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at M – 62 & 63 First Floor Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹88,816, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹21,927 (net margin 24.7%) and EBITDA of ₹30,409 (EBITDA margin 34.2%).
As per MCA filings, the company had satisfied charges of ₹125 Cr on record.
Company details
CIN history
Astilbe Builders has one previous CIN (Corporate Identification Number): U70102DL2013PTC247000. The current CIN is U70102DL2013PLC247000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102DL2013PLC247000 | Current |
| U70102DL2013PTC247000 | Previous |
Contact details
Astilbe Builders Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 62 & 63 First Floor Connaught Place, New Delhi, Delhi, India – 110001
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Astilbe Builders 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 Astilbe Builders 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 |
Financials of Astilbe Builders Limited
FY 2017 filings availableAstilbe Builders Limited reported revenue of ₹88,816 (down 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹88,816 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹30,409 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹21,927 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 34.2% | ||
| Net Profit Margin | 24.7% | ||
| 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 Astilbe Builders Limited, buy the company report.
Board of directors of Astilbe Builders Limited
Astilbe Builders has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Khullar | Director | 30 Jun 2016 | 10 Years 4 Months | As last reported |
| Sumer Singh Tokas Also directs: Mariana Properties Limited, Sky Forest Projects Private Limited, Lorita Developers Limited and 5 more | Director | 16 Sep 2014 | 12 Years 1 Months | As last reported |
| Pankaj Sharma | Director | 04 Jan 2013 | 13 Years 9 Months | As last reported |
| Tejpal Gulia Also directs: Indo Sugars Limited, Kritikka Infrastructure Private Limited, Karanbhumi Estates Private Limited and 5 more | Director | 05 Feb 2013 | 13 Years 8 Months | As last reported |
Peer comparison
Astilbe Builders Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astilbe Builders Limitedthis company | ₹88,816 (FY 2017) | ₹21,927 | 24.7% | -3.0% | New Delhi, Delhi, India | |
| MJ Infraheight Private Limited | ₹45,000 (FY 2017) | Lucknow, Uttar Pradesh, India | ||||
| Sweet Property Solutions Private Limited | ₹45,000 (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Indohomz (OPC) Private Limited | ₹45,000 (FY 2025) | Gurugram, Haryana, India | ||||
| Shree Radhey Krishna Assobuild Private Limited | ₹44,997 (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Arp Commercial Services Private Limited | ₹44,464 (FY 2016) | 442.0% | Kolkata, West Bengal, India | |||
| Centa Development Management Services Private Limited | ₹44,384 (FY 2018) | New Delhi, Delhi, India | ||||
| Tater Real Estate Developers Private Limited | ₹44,317 (FY 2016) | Jaipur, Rajasthan, India | ||||
| Greenimage Developers Private Limited | ₹44,200 (FY 2022) | 88.0% | Kolkata, West Bengal, India | |||
| Babylon Real Estate Developers Private Limited | ₹44,000 (FY 2025) | 5.0% | Haryana, India | |||
| Apnapan Residency Private Limited | ₹44,000 (FY 2016) | Kolkata, West Bengal, India |
To see the full peer comparison of Astilbe Builders Limited, buy the company report.
Auditor
Astilbe Builders Limited is audited by Sas & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sas & Co. | FY 2017 | ABLFS2508P |
Shareholding
The shareholding of Astilbe Builders 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 Astilbe Builders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2013 | 10420264 | Indiabulls Housing Finance Limited | ₹125 Cr | Satisfied |
To see the full charge records of Astilbe Builders Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Astilbe Builders Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astilbe Builders Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Astilbe Builders Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Astilbe Builders Limited has 10 board changes on record since 2013: 4 appointments and 6 cessations. The latest: Sudhir Khullar was appointed as Director on 30 Jun 2016.
3 earlier events are in the company report.
Frequently asked questions
Astilbe Builders has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Astilbe Builders was a public limited company based in New Delhi, Delhi, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 03 January 2013 and is registered under CIN U70102DL2013PLC247000. The company has been struck off by the Registrar of Companies and is no longer operational.
Astilbe Builders had 4 directors:
- Sudhir Khullar - Director
- Sumer Singh Tokas - Director
- Pankaj Sharma - Director
- Tejpal Gulia - Director
The CIN (Corporate Identification Number) of Astilbe Builders is U70102DL2013PLC247000. 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 Astilbe Builders is at M – 62 & 63 First Floor Connaught Place, New Delhi, Delhi, India – 110001.
Astilbe Builders was incorporated on 03 January 2013. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Astilbe Builders on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
Astilbe Builders operated in the real estate industry, in the real estate leasing segment. It worked in this industry before it was struck off.
The peers of Astilbe Builders by revenue are MJ Infraheight Private Limited, Sweet Property Solutions Private Limited, Indohomz (OPC) Private Limited, Shree Radhey Krishna Assobuild Private Limited, Arp Commercial Services Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Sudhir Khullar was appointed as Director on 30 Jun 2016. Sumer Singh Tokas ceased to be Additional Director on 25 Sep 2014. Sumer Singh Tokas was appointed as Director on 16 Sep 2014. Astilbe Builders has 10 board changes on record in total.
Astilbe Builders has no open charges and satisfied charges of ₹125 Cr as per latest MCA filings.

