Celebration City Projects Private Limited
About Celebration City Projects Private Limited
Data last updated:
Celebration City Projects Private Limited is a private limited company based in New Delhi, Delhi, 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 31 August 2005.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51109DL2005PTC256701. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹72 Cr and a paid-up capital of ₹70.75 Cr. It was formerly known as Vridhi Merchants Private Limited. It is led by directors including Sanjay Aggarwal and Gulshan Singh.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Flat No. 206 Situated At Vikas Plaza On Plot No.2 Local Shopping Centre Kalkaj, I, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2017, the company reported a revenue of ₹13.01 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Cr (net margin 28.1%) and EBITDA of ₹2.89 Cr (EBITDA margin 22.2%).
As per MCA filings, the company has open charges of ₹350.99 Cr and satisfied charges of ₹86.9 Cr on record. Court records list 137 cases involving the company, including 5 filed by the company and 132 filed against it; 17 cases are pending.
Company details
CIN history
Celebration City Projects has one previous CIN (Corporate Identification Number): U51109WB2005PTC105044. The current CIN is U51109DL2005PTC256701, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109DL2005PTC256701 | Current |
| U51109WB2005PTC105044 | Previous |
Contact details
Celebration City Projects Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 206 Situated At Vikas Plaza On Plot No.2 Local Shopping Centre Kalkaj, I, New Delhi, Delhi, India – 110019
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Celebration City 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 Celebration City Projects 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 Celebration City Projects Private Limited, buy the company report.
Financials of Celebration City Projects Private Limited
FY 2017 filings availableCelebration City Projects Private Limited reported revenue of ₹13.01 Cr (down 69% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year. EBITDA rose 819% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹13.01 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.89 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.65 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 22.2% | ||
| Net Profit Margin | 28.1% | ||
| 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 Celebration City Projects Private Limited, buy the company report.
Board of directors of Celebration City Projects Private Limited
Celebration City Projects has 5 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Aggarwal | Director | 08 May 2017 | 9 Years 5 Months | As last reported |
| Rajender Singh | Additional Director | 10 Jan 2018 | 8 Years 9 Months | As last reported |
| Himanshu Batra Also directs: Primuss Pipes & Tubes Limited, Riseast Realty Private Limited, Uchchit Edge Estates Private Limited and 1 more | Additional Director | 24 Mar 2018 | 8 Years 7 Months | As last reported |
| Gulshan Singh Also directs: Stupefy Buildcon Private Limited, Stupefy Developers Private Limited, Stupefy Infratech Private Limited and 5 more | Director | 18 Aug 2017 | 9 Years 2 Months | As last reported |
| Harpreet Singh Sethi | Additional Director | 05 Mar 2018 | 8 Years 7 Months | As last reported |
Peer comparison
Celebration City 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Timo Infrastructure Private Limited | ₹13.03 Cr (FY 2024) | 202.0% | Lucknow, Uttar Pradesh, India | |||
| Celebration City Projects Private Limitedthis company | ₹13.01 Cr (FY 2017) | ₹3.65 Cr | 28.1% | -69.0% | New Delhi, Delhi, India | |
| Annaibharath Housing Private Limited | ₹13 Cr (FY 2025) | -33.0% | Madurai, Tamil Nadu, India | |||
| B3 Prime Town Realty Private Limited | ₹13 Cr (FY 2025) | 63.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Celebration City Projects Private Limited, buy the company report.
Auditor
Celebration City Projects Private Limited is audited by B G J C & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B G J C & ASSOCIATES LLP | FY 2017 | 003304N |
Shareholding
The shareholding of Celebration City Projects Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Celebration City Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2018 | 100171151 | Others | ₹172.99 Cr | Open | |
| 26 May 2017 | 100100960 | Others | ₹35 Cr | Open | |
| 26 May 2017 | 100100965 | Others | ₹35 Cr | Open | |
| 20 Apr 2017 | 100100851 | Others | ₹60 Cr | Open | |
| 20 Apr 2017 | 100100954 | Others | ₹48 Cr | Open |
To see the full charge records of Celebration City Projects Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Celebration City Projects Private Limited has 137 court cases on record: 5 filed by Celebration City Projects, 132 filed against it. 17 cases are pending and 120 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 91 | 91 | 14 |
| High courts | 29 | 24 | 3 |
| NCLT | 15 | 15 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 137)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Aditya Birla Fashion and Retail Limited | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Shahi Realtech Pvt Ltd | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by Aditya Birla Fashion and Retail Limited | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Asian Dynasties Grace Industries Limited Through Its Authorised Signatory and 4 others | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Boulder Builders Pvt. Ltd Through Its Authorized Signatory Through Its Director Shri Rakesh Jain S/O Late Shri Kalyan Singh Having Registered Office at S-22, Green Park Extension, New Delhi-110016 ,New Delhi , Delhi | Disposed |
To see the full case history of Celebration City 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 Celebration City Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Celebration City Projects has 2 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 Celebration City Projects Private Limited, buy the company report.
Recent activity
Celebration City Projects Private Limited has 17 board changes on record since 2006: 5 appointments and 12 cessations. The latest: Rajender Singh ceased to be Additional Director on 05 Nov 2018.
22 earlier events are in the company report.
Frequently asked questions
Celebration City Projects 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.
Celebration City Projects is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 August 2005 and is registered under CIN U51109DL2005PTC256701. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Celebration City Projects has 5 current directors:
- Sanjay Aggarwal - Director
- Rajender Singh - Additional Director
- Himanshu Batra - Additional Director
- Gulshan Singh - Director
- Harpreet Singh Sethi - Additional Director
The latest financial statements of Celebration City Projects on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Celebration City Projects is U51109DL2005PTC256701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Celebration City Projects has open charges of ₹350.99 Cr and satisfied charges of ₹86.9 Cr as per latest MCA filings.
Celebration City Projects has 137 court cases on record: 5 filed by the company and 132 filed against it. 17 are pending. Most are in the district courts.
Celebration City Projects was incorporated on 31 August 2005. It is registered with the Registrar of Companies, Delhi.
The peers of Celebration City Projects by revenue are Timo Infrastructure Private Limited, Annaibharath Housing Private Limited, B3 Prime Town Realty Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rajender Singh ceased to be Additional Director on 05 Nov 2018. Himanshu Batra ceased to be Additional Director on 25 Sep 2018. Naveen Sanjay ceased to be Additional Director on 07 May 2018. Celebration City Projects has 17 board changes on record in total.
The registered office of Celebration City Projects is at Flat No. 206 Situated At Vikas Plaza On Plot No.2 Local Shopping Centre Kalkaj, I, New Delhi, Delhi, India – 110019.