Cheerful Trade & Realty Developers Private Limited
About Cheerful Trade & Realty Developers Private Limited
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Cheerful Trade & Realty Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India. 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 leasing and property management segment of the real estate sector. It was incorporated on 06 January 1987.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1987PTC042110.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mukesh Leasing and Finance Private Limited and Prawas Leasing and Finance Private Limited. It was led by directors Kailash Kumar Kesari and Rajesh Ghisalal Sharma.
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 35 Ashok Chambers Broach Street Devji Ratansey Marg Masjid Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2022, the company reported a revenue of ₹15,930. For the same year it recorded a net profit of ₹5.2 Cr and EBITDA of ₹5.2 Cr. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Company details
Name history
Cheerful Trade & Realty Developers has undergone 2 name changes throughout its history. The company was previously known as Mukesh Leasing And Finance Private Limited, and Prawas Leasing And Finance Private Limited. The current legal name is Cheerful Trade & Realty Developers Private Limited.
| Company Name | Status |
|---|---|
| Cheerful Trade & Realty Developers Private Limited | Current |
| Mukesh Leasing And Finance Private Limited | Previous |
| Prawas Leasing And Finance Private Limited | Previous |
CIN history
Cheerful Trade & Realty Developers has one previous CIN (Corporate Identification Number): U65910MH1987PTC042110. The current CIN is U70100MH1987PTC042110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH1987PTC042110 | Current |
| U65910MH1987PTC042110 | Previous |
Contact details
Cheerful Trade & Realty Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address35 Ashok Chambers Broach Street Devji Ratansey Marg Masjid Bunder, Mumbai, Maharashtra, India – 400009
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Cheerful Trade & Realty Developers 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
Financials of Cheerful Trade & Realty Developers Private Limited
FY 2022 filings availableCheerful Trade & Realty Developers Private Limited reported revenue of ₹15,930 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over three years. EBITDA rose 89% 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 | ₹15,930 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.2 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Cheerful Trade & Realty Developers Private Limited, buy the company report.
Board of directors of Cheerful Trade & Realty Developers Private Limited
Cheerful Trade & Realty Developers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Kumar Kesari | Director | 06 Apr 2022 | 4 Years 6 Months | As last reported |
| Rajesh Ghisalal Sharma | Director | 07 Aug 2021 | 5 Years 2 Months | As last reported |
Auditor
Cheerful Trade & Realty Developers Private Limited is audited by VIJAY H. SHAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY H. SHAH & CO. | FY 2022 | 047391 |
Shareholding
The shareholding of Cheerful Trade & Realty Developers Private Limited 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 Cheerful Trade & Realty Developers Private Limited, buy the company report.
Legal cases
Cheerful Trade & Realty Developers Private Limited has 5 court cases on record: 2 filed by Cheerful Trade & Realty Developers, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by Ashok Investors Trust Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by DBS Bank India Limited | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against DBS Bank India Limited and 2 Ors. and 2 others | Disposed |
| High Court | Arbitration matter | Filed against the company by Subhkaran and Sons | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Cheerful Trade & Realty Developers 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 Cheerful Trade & Realty Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Cheerful Trade & Realty Developers has 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Cheerful Trade & Realty Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cheerful Trade & Realty Developers Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Kailash Kumar Kesari ceased to be Additional Director on 30 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Cheerful Trade & Realty Developers 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.
Cheerful Trade & Realty Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 06 January 1987 and is registered under CIN U70100MH1987PTC042110. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Cheerful Trade & Realty Developers was incorporated on 06 January 1987. It is registered with the Registrar of Companies, Mumbai.
Cheerful Trade & Realty Developers had 2 directors:
- Kailash Kumar Kesari - Director
- Rajesh Ghisalal Sharma - Director
The CIN (Corporate Identification Number) of Cheerful Trade & Realty Developers is U70100MH1987PTC042110. 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 Cheerful Trade & Realty Developers is at 35 Ashok Chambers Broach Street Devji Ratansey Marg Masjid Bunder, Mumbai, Maharashtra, India – 400009.
The latest financial statements of Cheerful Trade & Realty Developers 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.
Cheerful Trade & Realty Developers operated in the real estate industry, in the real estate leasing segment.
Cheerful Trade & Realty Developers has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.
Kailash Kumar Kesari ceased to be Additional Director on 30 Sep 2022. Kailash Kumar Kesari was appointed as Director on 06 Apr 2022. Rajesh Ghisalal Sharma ceased to be Additional Director on 19 Nov 2021. Cheerful Trade & Realty Developers has 11 board changes on record in total.