About Bhagwati Builders & Development Pvt Ltd
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Bhagwati Builders & Development Pvt Ltd was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Rdb Realty & Infrastructure Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 August 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70102WB1995PTC073792. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.72 Lakh. It was led by directors including Hulash Raut and Sushil Kumar Banthia.
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 was at Bikaner Bulding.8/1 Lal Bazar Street 1st Floor Room.No. – 10, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.52 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Lakh (net margin -36.2%) and EBITDA of ₹1.6 Lakh (EBITDA margin 45.5%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 64% over five years.
As per MCA filings, the company had satisfied charges of ₹15 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 2 cases are pending.
The last known website on record is rdbprojects.com.
Company details
Contact details
Bhagwati Builders & Development Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is rdbprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBikaner Bulding.8/1 Lal Bazar Street 1st Floor Room.No. – 10, Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bhagwati Builders & Development Pvt Ltd, 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 Bhagwati Builders & Development 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 Bhagwati Builders & Development Pvt Ltd, buy the company report.
Financials of Bhagwati Builders & Development Pvt Ltd
FY 2022 filings availableBhagwati Builders & Development Pvt Ltd reported revenue of ₹3.52 Lakh (down 97% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 97% fall in the latest year. EBITDA fell 98% 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 | ₹3.52 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.27 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.5% | ||||
| Net Profit Margin | -36.2% | ||||
| 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 Bhagwati Builders & Development Pvt Ltd, buy the company report.
Board of directors of Bhagwati Builders & Development Pvt Ltd
Bhagwati Builders & Development has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hulash Raut Also directs: Shree Construction Co Pvt Ltd, Goldline Writing Instrument Limited, Bestway Suppliers Pvt Ltd and 5 more | Director | 21 Feb 2020 | 6 Years 8 Months | As last reported |
| Sushil Kumar Banthia | Director | 09 Mar 2019 | 7 Years 7 Months | As last reported |
| Pradeep Kumar Hirawat Also directs: Bhagwati Plastoworks Private Limited, Shree Construction Co Pvt Ltd, Veekay Apartments Pvt Ltd and 4 more | Director | 15 Apr 2013 | 13 Years 6 Months | As last reported |
Auditor
Bhagwati Builders & Development Pvt Ltd is audited by VINEET KHETAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINEET KHETAN & ASSOCIATES | FY 2022 | 324428E |
Shareholding
The shareholding of Bhagwati Builders & Development Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhagwati Builders & Development Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2009 | 10169522 | Lic Housing Finance Ltd | ₹15 Cr | Satisfied |
To see the full charge records of Bhagwati Builders & Development Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Bhagwati Builders & Development Pvt Ltd has 7 court cases on record: 4 filed by Bhagwati Builders & Development, 3 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Girik Infra Projects Private Limited | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Pioneer Township Ltd. | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Bhagwati Builders & Development Pvt Ltd, 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 Bhagwati Builders & Development Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhagwati Builders & Development has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Bhagwati Builders & Development Pvt Ltd, buy the company report.
Recent activity
Bhagwati Builders & Development Pvt Ltd has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Hulash Raut ceased to be Additional Director on 26 Dec 2020.
5 earlier events are in the company report.
Frequently asked questions
Bhagwati Builders & Development has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bhagwati Builders & Development was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 August 1995 and is registered under CIN U70102WB1995PTC073792. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bhagwati Builders & Development was incorporated on 28 August 1995. It is registered with the Registrar of Companies, Kolkata.
Bhagwati Builders & Development had 3 directors:
- Hulash Raut - Director
- Sushil Kumar Banthia - Director
- Pradeep Kumar Hirawat - Director
The CIN (Corporate Identification Number) of Bhagwati Builders & Development is U70102WB1995PTC073792. 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 Bhagwati Builders & Development is at Bikaner Bulding.81 Lal Bazar Street 1st Floor Room.No. – 10, Kolkata, West Bengal, India – 700001.
Bhagwati Builders & Development can be reached through the website rdbprojects.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Bhagwati Builders & Development 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.
No. Bhagwati Builders & Development has 1 GST registration on record and it is cancelled or inactive.
Bhagwati Builders & Development operated in the real estate and construction industry, in the real estate builders and developers segment.