About Canopy Estates Private Limited
Data last updated:
Canopy Estates Private Limited is a private limited company based in Bangalore, Karnataka, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 December 2005.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2005PTC038035. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Syed Yasir Rizvi (Managing Director) and Niraj Kumar.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at No. 969 5th A Cross H.R.B.R 1st Block Kalyan Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2016, the company reported a revenue of ₹7.21 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹9.53 Lakh (net margin 1.3%) and EBITDA of ₹23.18 Lakh (EBITDA margin 3.2%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.08 Cr on record. Court records list 33 cases involving the company, including 5 filed by the company and 28 filed against it; 15 cases are pending.
The last known website on record is canopyestates.in.
Company details
Contact details
Canopy Estates Private Limited's registered office is in Bangalore, Karnataka. Its website is canopyestates.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 969 5th A Cross H.R.B.R 1st Block Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Canopy Estates 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 Canopy Estates 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 Canopy Estates Private Limited, buy the company report.
Financials of Canopy Estates Private Limited
FY 2016 filings availableCanopy Estates Private Limited reported revenue of ₹7.21 Cr (down 64% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 64% in the latest year. EBITDA fell 82% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹7.21 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹23.18 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹9.53 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 | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.2% | |
| Net Profit Margin | 1.3% | |
| 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 Canopy Estates Private Limited, buy the company report.
Board of directors of Canopy Estates Private Limited
Canopy Estates has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Kumar | Director | 10 Oct 2018 | 8 Years 1 Months | As last reported |
| Syed Yasir Rizvi | Managing Director | 25 Feb 2010 | 16 Years 8 Months | As last reported |
| Zahiruddin Ahmed | Director | 11 Jun 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Canopy Estates Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Resizone Buildwell Private Limited | ₹7.23 Cr (FY 2024) | -77.0% | Delhi, India | |||
| Michael Builders and Developers Private Limited | ₹7.23 Cr (FY 2023) | -37.0% | Thiruvananthapuram, Kerala, India | |||
| Evolve Infratech Private Limited | ₹7.22 Cr (FY 2025) | 171.0% | Delhi, India | |||
| Canopy Estates Private Limitedthis company | ₹7.21 Cr (FY 2016) | ₹9.53 Lakh | 1.3% | -64.0% | 7 | Bangalore, Karnataka, India |
| Peopletech Infracon Private Limited | ₹7.21 Cr (FY 2025) | 501.0% | Hyderabad, Telangana, India | |||
| Buttepatil Projects Private Limited | ₹7.2 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Aphrodite Housing & Development Private Limited | ₹7.2 Cr (FY 2024) | 636.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Canopy Estates Private Limited, buy the company report.
Auditor
Canopy Estates Private Limited is audited by S S JAVALI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S JAVALI & ASSOCIATES | FY 2016 | 005363S |
Shareholding
The shareholding of Canopy Estates Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Canopy Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2015 | 10572362 | Vijaya Bank | ₹20 Cr | Open | |
| 22 Sep 2012 | 10376980 | Punjab National Bank | ₹8 Lakh | Open |
To see the full charge records of Canopy Estates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Canopy Estates Private Limited has 33 court cases on record: 5 filed by Canopy Estates, 28 filed against it. 15 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 13 | 5 |
| High courts | 11 | 9 | 6 |
| NCLAT | 4 | 4 | 4 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Mfar Constructions Pvt Ltd Rep by R N Trivedi | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by M/S Mfar Constructions Pvt Ltd | Disposed |
| NCLT, NCLT Bengaluru | Insolvency matter | Filed against the company by M/S Mfar Constructions Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed against the company by M/S Mfar Constructions Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Housing Development Finance Corporation Ltd (HDFC Ltd) | Disposed |
To see the full case history of Canopy Estates 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
Canopy Estates Private Limited was last rated by Crisil on 10 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 Dec 2020 |
To see the full credit ratings and regulatory alerts of Canopy Estates Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Canopy Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Canopy Estates Private Limited has a workforce of 7 employees on its EPFO records as of Nov 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 7 |
| FY 2016-17 |
To see the full employee and EPFO history of Canopy Estates Private Limited, buy the company report.
GST
Canopy Estates 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 Canopy Estates Private Limited, buy the company report.
Recent activity
Canopy Estates Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Niraj Kumar was appointed as Director on 10 Oct 2018.
4 earlier events are in the company report.
Frequently asked questions
Canopy Estates 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.
Canopy Estates is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 December 2005 and is registered under CIN U70102KA2005PTC038035. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Canopy Estates has 3 current directors:
- Syed Yasir Rizvi - Managing Director
- Niraj Kumar - Director
- Zahiruddin Ahmed - Director
The latest financial statements of Canopy Estates on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Canopy Estates is U70102KA2005PTC038035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canopy Estates has open charges of ₹20.08 Cr and no satisfied charges on record as per latest MCA filings.
Canopy Estates has 33 court cases on record: 5 filed by the company and 28 filed against it. 15 are pending. Most are in the district courts.
Canopy Estates was incorporated on 23 December 2005. It is registered with the Registrar of Companies, Bangalore.
The peers of Canopy Estates by revenue are Resizone Buildwell Private Limited, Michael Builders and Developers Private Limited, Evolve Infratech Private Limited, Peopletech Infracon Private Limited, Buttepatil Projects Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Niraj Kumar was appointed as Director on 10 Oct 2018. Kushagra Singh ceased to be Director on 10 Feb 2016. Mahmood Mir Mujahid Ali ceased to be Director on 01 Jul 2014. Canopy Estates has 10 board changes on record in total.
Canopy Estates can be reached through the website canopyestates.in. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
