Candor Gurgaon Two Developers & Projects Private Limited
About Candor Gurgaon Two Developers & Projects Private Limited
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Candor Gurgaon Two Developers & Projects Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Bsrep India Office Holding Iii Pte. Ltd.. 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 27 July 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2006PTC281179. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹5.85 Lakh. It was formerly known as Unitech Developers and Projects Limited and Unitech Developers and Projects Private Limited. It was led by directors including Sanjay Yadav and Shantanu Chakraborty.
Its last annual general meeting (AGM) was held on 06 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at F – 83 Profit Centre Gate No 1 Mahavir Ngr Nr Pizza Hut Kandivali (W), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2019, the company reported a revenue of ₹437.73 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹83.87 Cr (net margin 19.2%) and EBITDA of ₹276.18 Cr (EBITDA margin 63.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company had satisfied charges of ₹2,979 Cr on record. Court records list 37 cases involving the company, including 18 filed by the company and 19 filed against it; 1 case is pending.
Company details
Name history
Candor Gurgaon Two Developers & Projects has undergone 2 name changes throughout its history. The company was previously known as Unitech Developers And Projects Limited, and Unitech Developers And Projects Private Limited. The current legal name is Candor Gurgaon Two Developers & Projects Private Limited.
| Company Name | Status |
|---|---|
| Candor Gurgaon Two Developers & Projects Private Limited | Current |
| Unitech Developers And Projects Limited | Previous |
| Unitech Developers And Projects Private Limited | Previous |
CIN history
Candor Gurgaon Two Developers & Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70109MH2006PTC281179, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109MH2006PTC281179 | Current |
| U70109DL2006PLC151341 | Previous |
| U70109DL2006PTC151341 | Previous |
Contact details
Candor Gurgaon Two Developers & Projects Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 83 Profit Centre Gate No 1 Mahavir Ngr Nr Pizza Hut Kandivali (W), Mumbai, Maharashtra, India – 400067
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Candor Gurgaon Two Developers & Projects 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 Candor Gurgaon Two Developers & Projects 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 Candor Gurgaon Two Developers & Projects Private Limited, buy the company report.
Financials of Candor Gurgaon Two Developers & Projects Private Limited
FY 2019 filings availableCandor Gurgaon Two Developers & Projects Private Limited reported revenue of ₹437.73 Cr (up 2% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 2% growth in the latest year. EBITDA fell 4% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹276.18 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹83.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.1% | ||||
| Net Profit Margin | 19.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Candor Gurgaon Two Developers & Projects Private Limited, buy the company report.
Board of directors of Candor Gurgaon Two Developers & Projects Private Limited
Candor Gurgaon Two Developers & Projects has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Yadav | Director | 19 Aug 2016 | 10 Years 2 Months | As last reported |
| Shantanu Chakraborty | Director | 04 Feb 2019 | 7 Years 9 Months | As last reported |
| Sanjeev Kumar Sharma | Director | 04 Feb 2019 | 7 Years 9 Months | As last reported |
Peer comparison
Candor Gurgaon Two Developers & Projects Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (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 |
|---|---|---|---|---|---|---|
| Ilabs Hyderabad Technology Centre Private Limited | ₹441.39 Cr (FY 2024) | -17.0% | Hyderabad, Telangana, India | |||
| Panchshil Corporate Park Private Limited | ₹441.04 Cr (FY 2025) | 9.0% | Pune, Maharashtra, India | |||
| Micro Infrastructure India Private Limited | ₹440.5 Cr (FY 2025) | 347.0% | Bangalore, Karnataka, India | |||
| Candor Gurgaon Two Developers & Projects Private Limitedthis company | ₹437.73 Cr (FY 2019) | ₹83.87 Cr | 19.2% | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Candor Gurgaon Two Developers & Projects Private Limited, buy the company report.
Auditor
Candor Gurgaon Two Developers & Projects Private Limited is audited by B S R & Co. LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2018 | 101248W/W100022 |
Shareholding
The shareholding of Candor Gurgaon Two Developers & Projects Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Candor Gurgaon Two Developers & Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2016 | 100068481 | Idbi Trusteeship Services Limited | ₹1,329 Cr | Satisfied | |
| 11 Aug 2015 | 10587025 | Idbi Trusteeship Services Limited | ₹190 Cr | Satisfied | |
| 11 Aug 2015 | 10587023 | Idbi Trusteeship Services Limited | ₹650 Cr | Satisfied | |
| 28 Mar 2013 | 10418347 | Indiabulls Infrastructure Credit Limited | ₹20 Cr | Satisfied | |
| 26 Mar 2012 | 10350544 | Indiabulls Housing Finance Limited | ₹640 Cr | Satisfied |
To see the full charge records of Candor Gurgaon Two Developers & Projects Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Candor Gurgaon Two Developers & Projects Private Limited has 37 court cases on record: 18 filed by Candor Gurgaon Two Developers & Projects, 19 filed against it. 1 case is pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 13 | 1 |
| Supreme Court | 5 | 5 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Srei Infrastructure Finance Limited Thru Rajdeep Khullar Power of Attorney Holder at Viswakarma, 86C, Topsia Road S ,Kolkata , West Bengal | Disposed |
| Supreme Court | Court case | Filed against the company by Srei Infrastructure Finance Limited | Disposed |
| High Court, West Bengal | Court case (APO) | Filed against the company by Srei Infrastructure Finance Limited | Disposed |
| High Court, West Bengal | Court case (EC) | Filed by the company against Srei Infrastructure Finance Ltd | Disposed |
| High Court | Arbitration matter | Filed against the company by Srei Infrastructure Finance Limited | Disposed |
To see the full case history of Candor Gurgaon Two Developers & Projects 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 Candor Gurgaon Two Developers & Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candor Gurgaon Two Developers & Projects has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Candor Gurgaon Two Developers & Projects Private Limited, buy the company report.
Recent activity
Candor Gurgaon Two Developers & Projects Private Limited has 22 board changes on record since 2011: 3 appointments and 19 cessations. The latest: Sanjeev Kumar Sharma ceased to be Additional Director on 06 Sep 2019.
27 earlier events are in the company report.
Frequently asked questions
Candor Gurgaon Two Developers & Projects 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.
Candor Gurgaon Two Developers & Projects was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 July 2006 and is registered under CIN U70109MH2006PTC281179. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Candor Gurgaon Two Developers & Projects was incorporated on 27 July 2006. It is registered with the Registrar of Companies, Mumbai.
Candor Gurgaon Two Developers & Projects had 3 directors:
- Sanjay Yadav - Director
- Shantanu Chakraborty - Director
- Sanjeev Kumar Sharma - Director
The CIN (Corporate Identification Number) of Candor Gurgaon Two Developers & Projects is U70109MH2006PTC281179. 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 Candor Gurgaon Two Developers & Projects is at F – 83 Profit Centre Gate No 1 Mahavir Ngr Nr Pizza Hut Kandivali W, Mumbai, Maharashtra, India – 400067.
The latest financial statements of Candor Gurgaon Two Developers & Projects on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 06 September 2019. Year-wise statements from 2015 are in the company report.
No. Candor Gurgaon Two Developers & Projects has 3 GST registrations on record and all of them are cancelled or inactive.
Candor Gurgaon Two Developers & Projects operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Candor Gurgaon Two Developers & Projects by revenue are Ilabs Hyderabad Technology Centre Private Limited, Panchshil Corporate Park Private Limited, Micro Infrastructure India Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Candor Gurgaon Two Developers & Projects has 37 court cases on record: 18 filed by the company and 19 filed against it. 1 is pending. Most are in the high courts.
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