About Best Zone Builders and Developers Private Limited
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Best Zone Builders and Developers Private Limited is a private limited company based in Kharar, Punjab, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 January 2011.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45209PB2011PTC034617. Its GSTIN is 03AAECB4373L2ZN (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manmohan Singh (Managing Director) and Paramjit Kaur.
Its last annual general meeting (AGM) was held on 29 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Scf 4 Shivalik City Sector 127 Kharar – Landran Road Mohali, Punjab, India – 140301.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.22 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹23.86 Lakh (net margin -19.6%) and EBITDA of -₹21.72 Lakh (EBITDA margin -17.8%). Revenue has grown at a compounded annual rate (CAGR) of 100% over three years and 300% over five years.
As per MCA filings, the company has open charges of ₹2.04 Cr on record. Court records list 23 cases involving the company, including 6 filed by the company and 17 filed against it.
The last known website on record is bestzonebuilders.com.
Company details
Contact details
Best Zone Builders and Developers Private Limited's registered office is in Kharar, Punjab. Its website is bestzonebuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressScf 4 Shivalik City Sector 127 Kharar – Landran Road Mohali, Punjab, India – 140301
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Best Zone Builders and Developers 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 Best Zone Builders and Developers 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 Best Zone Builders and Developers Private Limited, buy the company report.
Financials of Best Zone Builders and Developers Private Limited
FY 2020 filings availableBest Zone Builders and Developers Private Limited reported revenue of ₹1.22 Cr (down 92% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 300%. EBITDA rose 75% 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 | ₹1.22 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹21.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.86 Lakh | ||||
| Balance Sheet | |||||
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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 | -17.8% | ||||
| Net Profit Margin | -19.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Best Zone Builders and Developers Private Limited, buy the company report.
Board of directors of Best Zone Builders and Developers Private Limited
Best Zone Builders and Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manmohan Singh | Managing Director | 19 Jan 2011 | 15 Years 9 Months | As last reported |
| Paramjit Kaur | Director | 19 Jan 2011 | 15 Years 9 Months | As last reported |
Peer comparison
Best Zone Builders and Developers Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Builders and Developers, Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Best Zone Builders and Developers Private Limitedthis company | ₹1.22 Cr (FY 2020) | -₹23.86 Lakh | -19.6% | -92.0% | Kharar, Punjab, India | |
| Nitiksha Buildwell Private Limited | ₹1.22 Cr (FY 2025) | 171.0% | New Delhi, Delhi, India | |||
| Sharad Vijay Infrastructure Private Limited | ₹1.22 Cr (FY 2019) | 24.0% | Ahmedabad, Gujarat, India | |||
| Kamran Live Stock and Real Estate Private Limited | ₹1.22 Cr (FY 2025) | -54.0% | Thane, Maharashtra, India |
To see the full peer comparison of Best Zone Builders and Developers Private Limited, buy the company report.
Auditor
Best Zone Builders and Developers Private Limited is audited by VISHAL K AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL K AND ASSOCIATES | FY 2020 | 035891N |
Shareholding
The shareholding of Best Zone Builders and Developers Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Best Zone Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 2015 | 10594180 | India Infoline Housing Finance Limited | ₹2 Cr | Open | |
| 28 Jun 2014 | 10509091 | Srei Equipment Finance Limited | ₹4.3 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Best Zone Builders and Developers Private Limited has 23 court cases on record: 6 filed by Best Zone Builders and Developers, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 17 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Kotak Mahindra Prime Ltd | Disposed |
| District court, Chandigarh | Arbitration matter | Filed against the company by India Infoline Finance Ltd. | Disposed |
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Best Zone Builders and Developers 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 Best Zone Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Best Zone Builders and Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECB4373L2ZN | Punjab | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Best Zone Builders and Developers Private Limited, buy the company report.
Recent activity
Best Zone Builders and Developers Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Manmohan Singh was appointed as Managing Director on 19 Jan 2011.
Frequently asked questions
Best Zone Builders and Developers 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.
Best Zone Builders and Developers is a company under insolvency, formerly operating as a private limited company based in Kharar, Punjab, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 January 2011 and is registered under CIN U45209PB2011PTC034617. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Best Zone Builders and Developers has 2 current directors:
- Manmohan Singh - Managing Director
- Paramjit Kaur - Director
The latest financial statements of Best Zone Builders and Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 June 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Best Zone Builders and Developers is U45209PB2011PTC034617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Best Zone Builders and Developers has open charges of ₹2.04 Cr and no satisfied charges on record as per latest MCA filings.
Best Zone Builders and Developers has 23 court cases on record: 6 filed by the company and 17 filed against it.
Best Zone Builders and Developers was incorporated on 19 January 2011. It is registered with the Registrar of Companies, Chandigarh.
The peers of Best Zone Builders and Developers by revenue are Nitiksha Buildwell Private Limited, Sharad Vijay Infrastructure Private Limited, Kamran Live Stock and Real Estate Private Limited, all in the Infrastructure industry (Builders and Developers, Construction Services), with the same principal business activity (buildings).
Manmohan Singh was appointed as Managing Director on 19 Jan 2011. Paramjit Kaur was appointed as Director on 19 Jan 2011.
Best Zone Builders and Developers can be reached through the website bestzonebuilders.com. Its registered office is in Kharar, Punjab, India.
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