About Bairagra Builders Private Limited
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Bairagra Builders Private Limited is a private limited company based in Mumbai, Maharashtra, 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 09 November 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PTC094309. Its GSTIN is 27AAACB4848E1ZT (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Pawankumar Manguturam Bairagra and Prajakta Avil Menezes (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 502/3/4 Banarasi Heritage Behind Inorbit Mall Mindspace Malad Link Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.43 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹43.78 Lakh (net margin 30.6%) and EBITDA of ₹76.63 Lakh (EBITDA margin 53.6%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹53.07 Cr and satisfied charges of ₹70 Lakh on record. Court records list 60 cases involving the company, including 28 filed by the company and 32 filed against it; 21 cases are pending.
The last known website on record is bairagrabuilders.com.
Company details
Contact details
Bairagra Builders Private Limited's registered office is in Mumbai, Maharashtra. Its website is bairagrabuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address502/3/4 Banarasi Heritage Behind Inorbit Mall Mindspace Malad Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bairagra Builders 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 Bairagra Builders is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Bairagra Builders Private Limited, buy the company report.
Financials of Bairagra Builders Private Limited
FY 2022 filings availableBairagra Builders Private Limited reported revenue of ₹1.43 Cr (up 127% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 127% growth in the latest year. EBITDA rose 226% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.43 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹76.63 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.78 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.6% | ||||
| Net Profit Margin | 30.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Bairagra Builders Private Limited, buy the company report.
Board of directors of Bairagra Builders Private Limited
Bairagra Builders has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawankumar Manguturam Bairagra Also directs: Urmi Realtors Private Limited, Adukia and Sons Private Limited | Director | 09 Nov 1995 | 30 Years 11 Months | As last reported |
| Prajakta Avil Menezes Also directs: Aegis Resolution Services Private Limited | Irp/Rp/Liquidator | 29 Sep 2023 | 3 Years 0 Months | As last reported |
| Amar Pawankumar Bairagra Also directs: Urmi Realtors Private Limited | Director | 15 Jul 2008 | 18 Years 3 Months | As last reported |
Auditor
Bairagra Builders Private Limited is audited by N.G. Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.G. Jain & Co. | FY 2022 | 103941W |
Shareholding
The shareholding of Bairagra Builders Private Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bairagra Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2019 | 100256701 | Others | ₹10.14 Cr | Open | |
| 29 Mar 2019 | 100257920 | Others | ₹15.22 Cr | Open | |
| 28 Mar 2019 | 100256720 | Others | ₹10.14 Cr | Open | |
| 28 Mar 2019 | 100256721 | Others | ₹15.22 Cr | Open | |
| 30 Dec 2016 | 100075325 | Idbi Bank Limited | ₹2.35 Cr | Open |
To see the full charge records of Bairagra Builders Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Bairagra Builders Private Limited has 60 court cases on record: 28 filed by Bairagra Builders, 32 filed against it. 21 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 15 | 11 |
| District courts | 13 | 5 | 10 |
| NCLAT | 11 | 11 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Dwarkadas Developers Pvt. Ltd. | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Tarapur Transformers Limited | Pending |
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against Acute Consultancy Ltd. and 20 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Encore Asset Reconstruction Company Pvt Ltd | Disposed |
| High Court | Commercial suit | Filed by the company against Encore Asset Reconstruction Company Pvt. Ltd. and 3 others | Disposed |
To see the full case history of Bairagra Builders 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 Bairagra Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bairagra Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4848E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bairagra Builders Private Limited, buy the company report.
Recent activity
Bairagra Builders Private Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Prajakta Avil Menezes was appointed as Irp/Rp/Liquidator on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Bairagra Builders 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.
Bairagra Builders is a company under insolvency, formerly operating as a 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 09 November 1995 and is registered under CIN U45200MH1995PTC094309. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bairagra Builders has 3 current directors:
- Pawankumar Manguturam Bairagra - Director
- Amar Pawankumar Bairagra - Director
- Prajakta Avil Menezes - Irp/Rp/Liquidator
The latest financial statements of Bairagra Builders on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bairagra Builders is U45200MH1995PTC094309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bairagra Builders has open charges of ₹53.07 Cr and satisfied charges of ₹70 Lakh as per latest MCA filings.
Bairagra Builders has 60 court cases on record: 28 filed by the company and 32 filed against it. 21 are pending. Most are in the high courts.
Bairagra Builders was incorporated on 09 November 1995. It is registered with the Registrar of Companies, Mumbai.
Prajakta Avil Menezes was appointed as Irp/Rp/Liquidator on 29 Sep 2023. Urmila Pawankumar Bairagra ceased to be Director on 01 Aug 2008. Amar Pawankumar Bairagra was appointed as Director on 15 Jul 2008. Bairagra Builders has 4 board changes on record in total.
Bairagra Builders can be reached through the website bairagrabuilders.com. Its registered office is in Mumbai, Maharashtra, India.