Chittalax Construction Private Limited

Chittalax Construction Private Limited - metals and minerals in Solapur, Maharashtra, India. FY 2026 financials & compliance.
CIN U45309PN2017PTC173637 Incorporated 30 November 2017 ROC Pune HQ Solapur, Maharashtra, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2022
₹222
▼ 6% YoY
Authorised capital
₹2.8 Cr
Registered with MCA
Paid-up capital
₹273
Issued & subscribed
Open charges
₹4.99 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2022
Balance sheet date

About Chittalax Construction Private Limited

Data last updated:

Chittalax Construction Private Limited is a private limited company based in Solapur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 30 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45309PN2017PTC173637. Its GSTIN is 27AAHCC2994H1ZC (Maharashtra).

The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹273. It is led by directors Laxman Kamu Maske and Rajendra Vayadande Shankar.

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 is at Gat No. 3186/2 Mangalwedha Tal Mangalwedha, Solapur, Maharashtra, India – 413305.

As per MCA filings, the company has open charges of ₹4.99 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 5 deals on record (2 convertible or debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹3.29 Cr; the latest was in July 2020.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Chittalax Construction Private Limited
CIN U45309PN2017PTC173637
Registration Number 173637
Incorporation Date 30 November 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Gat No. 3186/2 Mangalwedha Tal Mangalwedha, Solapur, Maharashtra, India – 413305
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Chittalax Construction Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Chittalax Construction Private Limited

The main business activity of Chittalax Construction is mining and quarrying. In detail, this covers other mining & quarrying activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
BMining and quarryingB4Other Mining & Quarrying ActivitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Chittalax Construction Private Limited FY 2022 filings available

Chittalax Construction Private Limited reported revenue of ₹222 (down 6% YoY) for FY 2022.

Revenue · FY 2022
₹222 ▼ 6%

Compounded Annual Growth Rate (CAGR) of Chittalax Construction Private Limited

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 93%

Revenue has declined at a compounded annual rate (CAGR) of 93% over three years, including a 6% fall 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 of Chittalax Construction Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)••••••••••••••••••••
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 of Chittalax Construction Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chittalax Construction are in the company report.

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Financial statements from FY 2018

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Auditor Details of Chittalax Construction Private Limited

Chittalax Construction Private Limited is audited by A S BINGI & CO for the financial year 2019.

NameStatusAppointment DateCessation Date
A S BINGI & COLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Chittalax Construction Private Limited

Chittalax Construction has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Laxman Kamu MaskeDirector30 Nov 20178 Years 10 MonthsCurrent
Rajendra Vayadande ShankarDirector30 Nov 20178 Years 10 MonthsCurrent

Ownership and Shareholding of Chittalax Construction Private Limited

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Charges & Borrowings of Chittalax Construction Private Limited

Open charges
₹4.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.99 Cr
Latest charge details
DateLenderAmountStatus
20 May 2019Others₹4.99 CrOpen

Total charge records: 1 View all charges

Deals & Funding of Chittalax Construction Private Limited

Chittalax Construction Private Limited has 5 deals on record (2 convertible or debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹3.29 Cr; the latest was in July 2020.

Total deals
5
Convertible or debt financings
2
Funding round
1
Rights issue
1
Acquisition
1
Disclosed funding
₹3.29 Cr

Deals on record (3 of 5)

WhenDealAmountParties
Jun 2019Rights issue₹31.1 LakhInvestors: an individual
May 2019Acquisition₹4.07 CrBuyer: IFCI Ventures
Feb 2019Funding round₹2.37 CrInvestors: IFCI Ventures, an individual
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Full deal history

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Chittalax Construction Private Limited

Employment history and EPFO contributions of people linked to Chittalax Construction.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Chittalax Construction Private Limited

Chittalax Construction Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Chittaranjan Laxman Maske ceased to be Director on 30 Dec 2018.

AGM
Chittalax Construction Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Chittalax Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.
Charges
A charge with Others of Rs. 4.99 Cr registered on 20 May 2019 with Charge ID 100285749 was modified on 08 Jul 2020.
Charges
A charge with Others amounted to Rs. 4.99 Cr with Charge ID 100285749 was registered on 20 May 2019.
Ceased
Chittaranjan Laxman Maske ceased to be Director.
Appointed
Laxman Kamu Maske was appointed as Director.
Appointed
Rajendra Vayadande Shankar was appointed as Director.
Incorporation
30 Nov 2017
Chittalax Construction Private Limited was registered on 30 Nov 2017 with Roc Pune & aged 8 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Chittalax Construction Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Chittalax Construction Private Limited

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Subsidiaries & Group Companies of Chittalax Construction Private Limited

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Corporate group structure

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GST Compliance of Chittalax Construction Private Limited

Chittalax Construction has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCC2994H1ZCMaharashtraActive14 Feb 2019
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Chittalax Construction Private Limited

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MCA filings and documents

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Frequently Asked Questions about Chittalax Construction Private Limited

Chittalax Construction is an active private limited company based in Solapur, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 30 November 2017 (9+ years old) and is registered under CIN U45309PN2017PTC173637.

Chittalax Construction has 2 current directors:

The GSTIN of Chittalax Construction is 27AAHCC2994H1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Chittalax Construction is U45309PN2017PTC173637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chittalax Construction has 2 court cases on record: 2 filed against it. 2 are pending. Most are in the high courts.

Chittalax Construction was incorporated on 30 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.

Chittalax Construction has 5 deals on record (2 convertible or debt financings, 1 funding round, 1 rights issue), with disclosed funding of ₹3.29 Cr; the latest was in July 2020.

Chittaranjan Laxman Maske ceased to be Director on 30 Dec 2018. Laxman Kamu Maske was appointed as Director on 30 Nov 2017. Rajendra Vayadande Shankar was appointed as Director on 30 Nov 2017.

Yes, Chittalax Construction is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Chittalax Construction is at Gat No. 31862 Mangalwedha Tal Mangalwedha, Solapur, Maharashtra, India – 413305.

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