- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0005683

About Buildmet Private Limited
Data last updated:
Buildmet Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ayoki Fabricon Private Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1984PTC006143. Its GSTIN is 29AAACB7376F1ZI (Karnataka). The company holds 10 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.87 Cr. It was formerly known as Buildmet Fibers Limited and Buildmet Fibers Private Limited. It is led by directors including Krishnankutty Kottakalam and Sukumaran Nair Gopakumar.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.14 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹76.26 Lakh (net margin 5.4%) and EBITDA of ₹6.95 Cr (EBITDA margin 49.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹9.26 Cr and satisfied charges of ₹62.45 Cr on record. Court records list 65 cases involving the company, including 27 filed by the company and 38 filed against it; 5 cases are pending.
Buildmet Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0005683). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website buildmet.co.in.
Company details
Name history
Buildmet has undergone 3 name changes throughout its history. The company was previously known as Buildmet Fibers Limited, Buildmet Fibers Private Limited, and Buildmet Limited.. The current legal name is Buildmet Private Limited.
| Company Name | Status |
|---|---|
| Buildmet Private Limited | Current |
| Buildmet Fibers Limited | Previous |
| Buildmet Fibers Private Limited | Previous |
| Buildmet Limited. | Previous |
CIN history
Buildmet has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KA1984PTC006143, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1984PTC006143 | Current |
| U51432KA1984PLC006143 | Previous |
| U85110KA1984PLC006143 | Previous |
Recognitions & Rankings of Buildmet
Contact details
Buildmet Private Limited's registered office is in Bangalore, Karnataka. Its website is buildmet.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 58/1 Kkr Pearl Nagashetti Halli Kasaba Hobli Hebbal – Tumkur Outer Ring R, Oad, Bangalore, Karnataka, India – 560001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Buildmet 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 Buildmet is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Buildmet Private Limited, buy the company report.
Financials of Buildmet Private Limited
FY 2024 filings availableBuildmet Private Limited reported revenue of ₹14.14 Cr (down 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 26% fall in the latest year. EBITDA rose 169% 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 |
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| EBITDA | ₹6.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.2% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Buildmet Private Limited, buy the company report.
Board of directors of Buildmet Private Limited
Buildmet has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnankutty Kottakalam Also directs: Geepack Closures Private Limited, Glister Sachet India Private Limited, Ayoki Fabricon Private Limited and 3 more | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
| Sukumaran Nair Gopakumar Also directs: Nas Enterprises Private Limited | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
| Ganesh Kumar Also directs: Nesara Herbals Private Limited, Geepack Closures Private Limited, Glister Sachet India Private Limited and 5 more | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
Auditor
Buildmet Private Limited is audited by BOLLURODI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BOLLURODI & ASSOCIATES | FY 2023 | 014475S |
Shareholding
The shareholding of Buildmet Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Buildmet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2020 | 100335685 | Others | ₹41.76 Lakh | Open | |
| 27 Jan 2020 | 100328311 | Others | ₹1.25 Cr | Open | |
| 26 Nov 2019 | 100311565 | Others | ₹18.66 Lakh | Open | |
| 26 Nov 2019 | 100311573 | Others | ₹18.66 Lakh | Open | |
| 29 May 2019 | 100278155 | Others | ₹1.6 Cr | Open |
To see the full charge records of Buildmet Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Buildmet Private Limited has 65 court cases on record: 27 filed by Buildmet, 38 filed against it. 5 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 28 | 3 |
| High courts | 11 | 5 | 2 |
| NCLAT | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by M/S. Thyssenkrupp Industries India Pvt Ltd, | Pending |
| High Court, TELANGANA | Company petition | Filed by the company against Bharathi Cement Corporation Private Limited | Pending |
| District court, East, Delhi | Execution petition | Filed against the company by Skywing Carriers Private Ltd | Disposed |
| District court, East, Delhi | Civil suit | Filed against the company by Skywing Carriers Private Limited | Disposed |
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Omkara Transport Private Limited | Disposed |
To see the full case history of Buildmet 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.
Credit ratings & regulatory alerts
Buildmet Private Limited was last rated by Icra on 17 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 May 2021 |
To see the full credit ratings and regulatory alerts of Buildmet Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Buildmet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Buildmet has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB7376F1ZI | Karnataka | Active | 01 Jul 2017 |
| 18AAACB7376F2ZK | Assam | Active | 01 Jul 2017 |
| 21AAACB7376F1ZY | Odisha | Active | 01 Jul 2017 |
| 36AAACB7376F1ZN | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Buildmet Private Limited, buy the company report.
Recent activity
Buildmet Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Hosadurgam Nigamanthan Varadarajan ceased to be Whole-Time Director on 11 May 2015.
22 earlier events are in the company report.
Frequently asked questions
Buildmet is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 June 1984 (42+ years old) and is registered under CIN U85110KA1984PTC006143.
Buildmet has 3 current directors:
- Krishnankutty Kottakalam - Director
- Sukumaran Nair Gopakumar - Director
- Ganesh Kumar - Director
The latest financial statements of Buildmet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Buildmet is 29AAACB7376F1ZI, registered in Karnataka. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 18AAACB7376F2ZK (Assam), 21AAACB7376F1ZY (Odisha), 36AAACB7376F1ZN (Telangana).
The CIN (Corporate Identification Number) of Buildmet is U85110KA1984PTC006143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Buildmet has 65 court cases on record: 27 filed by the company and 38 filed against it. 5 are pending. Most are in the district courts.
Buildmet was incorporated on 11 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Bangalore.
Hosadurgam Nigamanthan Varadarajan ceased to be Whole-Time Director on 11 May 2015. Sindhaghatta Viswanath ceased to be Managing Director on 11 May 2015. Ganesh Kumar was appointed as Director on 29 Apr 2015. Buildmet has 6 board changes on record in total.
Yes, Buildmet is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0005683).
Buildmet can be reached through the website buildmet.co.in. Its registered office is in Bangalore, Karnataka, India.