About Bengal Shelter Housing Development Limited
Data last updated:
Bengal Shelter Housing Development Limited is a public limited company based in Kolkata, West Bengal, 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 agricultural support and advisory segment of the agriculture sector. It was incorporated on 28 January 2004.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2004PLC097716. Its GSTIN is 19AACCB4289R2ZT (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹50.6 Cr. It is led by directors including Samar Nag (Managing Director) and Shib Ram Nag (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Eternity Building Dn – 1 3rd Floor Sector – V Salt Lake, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.67 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹9.16 Cr (net margin -249.6%) and EBITDA of -₹8.58 Cr (EBITDA margin -233.6%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 18% over five years.
The company has about 46 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shelter Group. As per MCA filings, the company has open charges of ₹347.7 Cr and satisfied charges of ₹88 Cr on record. Court records list 59 cases involving the company, including 32 filed by the company and 27 filed against it; 8 cases are pending.
The last known website on record is bengalshelter.com.
Company details
CIN history
Bengal Shelter Housing Development has one previous CIN (Corporate Identification Number): L70101WB2004PLC097716. The current CIN is U70101WB2004PLC097716, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB2004PLC097716 | Current |
| L70101WB2004PLC097716 | Previous |
Contact details
Bengal Shelter Housing Development Limited's registered office is in Kolkata, West Bengal. Its website is bengalshelter.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressEternity Building Dn – 1 3rd Floor Sector – V Salt Lake, Kolkata, West Bengal, India – 700091
- IndustryAgriculture, Agri Support Services
To see the full contact details of Bengal Shelter Housing Development 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
Brands
Bengal Shelter Housing Development operates one associated brand: SHELTER GROUP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate projects have been developed in West Bengal, focusing on housing and urban infrastructure. | bengalshelter.com |
Business activity
The main business activity of Bengal Shelter Housing Development 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 Bengal Shelter Housing Development Limited, buy the company report.
Financials of Bengal Shelter Housing Development Limited
FY 2024 filings availableBengal Shelter Housing Development Limited reported revenue of ₹3.67 Cr (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 57% fall in the latest year. EBITDA fell 815% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.16 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -233.6% | ||||
| Net Profit Margin | -249.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Bengal Shelter Housing Development Limited, buy the company report.
Board of directors of Bengal Shelter Housing Development Limited
Bengal Shelter Housing Development has 12 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Majumdar | Additional Director | 01 Apr 2025 | 1 Years 7 Months | As last reported |
| Jishnudeb Mukherjee Also directs: Calcutta Chamber of Proficient Accountants | Additional Director | 01 Apr 2025 | 1 Years 7 Months | As last reported |
| Himalaya Roy | Nominee Director | 20 Feb 2025 | 1 Years 8 Months | As last reported |
| Abhijit Ghosh Also directs: Sandhija Infra Development LLP, Shelter Agri Horti Farms Private Limited, Bengal Shelter Horti-Flora Limited and 5 more | Nominee Director | 26 Dec 2024 | 1 Years 10 Months | As last reported |
| Shib Ram Nag Also directs: Kevalin Infra Developers LLP, Shelter Projects Ltd | Whole-Time Director | 28 Jan 2004 | 22 Years 9 Months | As last reported |
| Anjan Ghosh | Nominee Director | 05 Sep 2017 | 9 Years 2 Months | As last reported |
Peer comparison
Bengal Shelter Housing Development Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agri Services, Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V.G. Panneerdas and Company Private Limited | ₹3.95 Cr (FY 2024) | 10.0% | Chennai, Tamil Nadu, India | |||
| Sid Constructions Private Limited | ₹3.95 Cr (FY 2025) | 43.0% | Lucknow, Uttar Pradesh, India | |||
| BR Landbase Developers Private Limited | ₹3.95 Cr (FY 2017) | Gurgaon, Haryana, India | ||||
| Ganesh Construct & Build Private Limited | ₹3.94 Cr (FY 2025) | 564.0% | Howrah, West Bengal, India | |||
| Bengal Shelter Housing Development Limitedthis company | ₹3.67 Cr (FY 2024) | -₹9.16 Cr | -249.6% | -57.0% | 46 | Kolkata, West Bengal, India |
To see the full peer comparison of Bengal Shelter Housing Development Limited, buy the company report.
Auditor
Bengal Shelter Housing Development Limited is audited by KGRS & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KGRS & CO | FY 2024 | 310014E |
Shareholding
The shareholding of Bengal Shelter Housing Development Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bengal Shelter Housing Development Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2008 | 10112596 | Invent Assets Securitisation and Reconstruction Private Limited | ₹132 Cr | Open | |
| 05 Jul 2008 | 10114174 | State Bank of Bikaner & Jaipur | ₹15 Cr | Open | |
| 09 Apr 2008 | 10101479 | Others | ₹200.7 Cr | Open | |
| 14 May 2010 | 10223826 | Corporation Bank | ₹25 Cr | Satisfied | |
| 29 Jun 2007 | 10058124 | Canara Bank | ₹45 Cr | Satisfied |
To see the full charge records of Bengal Shelter Housing Development Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Bengal Shelter Housing Development Limited has 59 court cases on record: 32 filed by Bengal Shelter Housing Development, 27 filed against it. 8 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 32 | 11 | 4 |
| District courts | 18 | 12 | 3 |
| Supreme Court | 5 | 0 | 1 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Axis Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Idbi Bank Ltd. | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Barnaparichay Book Mall Pvt Ltd. Through Its Director 83, College Street, Kolkata ,Kolkata , West Bengal and 2 others | Disposed |
| High Court, West Bengal | Arbitration matter | Filed against the company by M/S. Krishna Hi-Tech Infrastructure Private Limited | Disposed |
| High Court | Court case (AP-COM) | Filed against the company by M/S Krishna Hi Tech Infrastructure Pvt Ltd Sumit Biswas | Disposed |
To see the full case history of Bengal Shelter Housing Development 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
Bengal Shelter Housing Development Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 47 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Star Fabricators | |||
| an individual supplier |
To see the full MSME payment records of Bengal Shelter Housing Development Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bengal Shelter Housing Development has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Barnaparichay Book-Mall Pvt. Ltd. | U74994WB2007PTC115564 |
To see the full group structure of Bengal Shelter Housing Development Limited, buy the company report.
Employees & EPFO
Bengal Shelter Housing Development Limited has a workforce of 46 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Bengal Shelter Housing Development has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB4289R2ZT | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bengal Shelter Housing Development Limited, buy the company report.
Recent activity
Bengal Shelter Housing Development Limited has 39 board changes on record since 2004: 13 appointments and 26 cessations. The latest: Abhijit Majumdar was appointed as Additional Director on 01 Apr 2025.
44 earlier events are in the company report.
Frequently asked questions
Bengal Shelter Housing Development 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.
Bengal Shelter Housing Development is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in agri support services, within the agriculture industry. It was incorporated on 28 January 2004 and is registered under CIN U70101WB2004PLC097716. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bengal Shelter Housing Development has 12 current directors:
- Samar Nag - Managing Director
- Shib Ram Nag - Whole-Time Director
- Abhijit Majumdar - Additional Director
- Jishnudeb Mukherjee - Additional Director
- Himalaya Roy - Nominee Director
- Abhijit Ghosh - Nominee Director
- Anjan Ghosh - Nominee Director
- Tapas Kumar Haldar - Nominee Director
- Dibyendu Bikash Pande - Nominee Director
- Sankar Prasad Paul - Nominee Director
- Swathi Lama - Nominee Director
- Jai Prakash Agrawal - Nominee Director
The latest financial statements of Bengal Shelter Housing Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bengal Shelter Housing Development is U70101WB2004PLC097716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bengal Shelter Housing Development has open charges of ₹347.7 Cr and satisfied charges of ₹88 Cr as per latest MCA filings.
Bengal Shelter Housing Development has 59 court cases on record: 32 filed by the company and 27 filed against it. 8 are pending. Most are in the high courts.
Bengal Shelter Housing Development was incorporated on 28 January 2004. It is registered with the Registrar of Companies, Kolkata.
The peers of Bengal Shelter Housing Development by revenue are V.G. Panneerdas and Company Private Limited, Sid Constructions Private Limited, BR Landbase Developers Private Limited, Ganesh Construct & Build Private Limited, all in the Agriculture industry (Agri Services, Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Abhijit Majumdar was appointed as Additional Director on 01 Apr 2025. Jishnudeb Mukherjee was appointed as Additional Director on 01 Apr 2025. Dibyendu Bikash Pande was appointed as Nominee Director on 20 Feb 2025. Bengal Shelter Housing Development has 39 board changes on record in total.
Bengal Shelter Housing Development has 10 MSME Form 1 returns on record between 2020 and 2024, listing 47 overdue payments to 13 micro and small suppliers. The latest return was filed on 05 Jun 2024.
Bengal Shelter Housing Development can be reached through the website bengalshelter.com. Its registered office is in Kolkata, West Bengal, India.
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