Clarion Projects Private Limited
About Clarion Projects Private Limited
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Clarion Projects Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2008PTC179352. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Piyush Rastogi and Deepak Rastogi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Flat No 2 F – 50 B Madhu Vihar Extension, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2016, the company reported a revenue of ₹23.38 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.03 Cr (net margin -4.4%) and EBITDA of ₹3.02 Cr (EBITDA margin 12.9%).
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.95 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Clarion Projects Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No 2 F – 50 B Madhu Vihar Extension, New Delhi, Delhi, India – 110092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Clarion 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 Clarion 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 Clarion Projects Private Limited, buy the company report.
Financials of Clarion Projects Private Limited
FY 2016 filings availableClarion Projects Private Limited reported revenue of ₹23.38 Cr (down 47% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. EBITDA fell 29% 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 | ||
| Other Income | ||
| Total Revenue | ₹23.38 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.02 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.03 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.9% | |
| Net Profit Margin | -4.4% | |
| 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 Clarion Projects Private Limited, buy the company report.
Board of directors of Clarion Projects Private Limited
Clarion Projects has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Rastogi | Director | 11 Jun 2008 | 18 Years 4 Months | Current |
| Deepak Rastogi Also directs: Genisca Club & Hospitality LLP, Fortek Bio-Sciences Private Limited, Recco Structurals Pvt Ltd and 2 more | Director | 11 Jun 2008 | 18 Years 4 Months | Current |
Auditor
Clarion Projects Private Limited is audited by D K A ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K A ASSOCIATES | FY 2016 | 006094C |
Shareholding
The shareholding of Clarion Projects Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Clarion Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2015 | 10582878 | Karnataka Bank Ltd. | ₹12.5 Cr | Open | |
| 30 Apr 2015 | 10572906 | Syndicate Bank | ₹2.38 Cr | Open | |
| 13 Jan 2015 | 10554587 | Small Industries Development Bank of India | ₹7 Cr | Open | |
| 15 Jan 2014 | 10480271 | Karnataka Bank Limited | ₹6.5 Lakh | Open | |
| 17 Dec 2009 | 10198049 | Axis Bank Ltd. | ₹5 Cr | Open |
To see the full charge records of Clarion Projects Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Clarion Projects Private Limited has 8 court cases on record: 2 filed by Clarion Projects, 6 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 1 |
| District courts | 3 | 3 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by M/S Idbi Bank Ltd Through Urvashi Vikram Singh | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by PNB Housing Finance Limited | Disposed |
| District court, Lucknow, Uttar Pradesh | Cheque dishonour complaint | Filed against the company by M/S Ultra Tech Cement Ltd Through Ashok Naval and Others | Pending |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by M/S RMC Ready Mix (India) | Pending |
| Allahabad High Court | Court case (CRLP) | Filed against the company | Disposed |
To see the full case history of Clarion 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 Clarion Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Clarion Projects has 48 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
GST
Clarion 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 Clarion Projects Private Limited, buy the company report.
Recent activity
Clarion Projects Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Deepak Rastogi was appointed as Director on 11 Jun 2008.
Frequently asked questions
Clarion Projects is an active 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 11 June 2008 (18+ years old) and is registered under CIN U45200DL2008PTC179352.
Clarion Projects has 2 current directors:
- Piyush Rastogi - Director
- Deepak Rastogi - Director
The latest financial statements of Clarion Projects on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Clarion Projects has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Clarion Projects is U45200DL2008PTC179352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clarion Projects has 8 court cases on record: 2 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Clarion Projects was incorporated on 11 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Deepak Rastogi was appointed as Director on 11 Jun 2008. Piyush Rastogi was appointed as Director on 11 Jun 2008.
The registered office of Clarion Projects is at Flat No 2 F – 50 B Madhu Vihar Extension, New Delhi, Delhi, India – 110092.
Clarion Projects operates in the real estate and construction industry, in the real estate builders and developers segment.