Classic Bhoomi Constructors and Developers Private Limited
About Classic Bhoomi Constructors and Developers Private Limited
Data last updated:
Classic Bhoomi Constructors and Developers Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 December 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC176593. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was led by directors Jayshree Vijay Gajra and Vijaykumar Satramdas Lakhani.
Its last annual general meeting (AGM) was held on 11 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Management Office Palm Beach Gallaria Plot No – 17 Sector 19B Off – Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.33 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹76.04 Lakh (net margin -57.3%) and EBITDA of -₹75.83 Lakh (EBITDA margin -57.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 198% over five years.
As per MCA filings, the company has satisfied charges of ₹45 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 4 cases are pending.
Company details
Contact details
Classic Bhoomi Constructors and Developers Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressManagement Office Palm Beach Gallaria Plot No – 17 Sector 19B Off – Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Classic Bhoomi Constructors and 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
Business activity
The main business activity of Classic Bhoomi Constructors and Developers 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 |
Financials of Classic Bhoomi Constructors and Developers Private Limited
FY 2023 filings availableClassic Bhoomi Constructors and Developers Private Limited reported revenue of ₹1.33 Cr (up 71% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 198% over five years, including 71% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹75.83 Lakh | ||||
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| Net Profit (PAT) | -₹76.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -57.2% | ||||
| Net Profit Margin | -57.3% | ||||
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To see the full financial statements and ratios of Classic Bhoomi Constructors and Developers Private Limited, buy the company report.
Board of directors of Classic Bhoomi Constructors and Developers Private Limited
Classic Bhoomi Constructors and Developers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayshree Vijay Gajra Also directs: Classic Bhoomi Constructors and Developers LLP | Director | 19 Aug 2023 | 3 Years 2 Months | As last reported |
| Vijaykumar Satramdas Lakhani Also directs: Lakhani Mega Structure LLP, Baramati Mega Structures LLP, Baramati Superstructure LLP and 4 more | Director | 19 Aug 2023 | 3 Years 2 Months | As last reported |
Auditor
Classic Bhoomi Constructors and Developers Private Limited is audited by B P RAKHOLIYA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P RAKHOLIYA & CO | FY 2020 | 134877W |
Shareholding
The shareholding of Classic Bhoomi Constructors and Developers Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Classic Bhoomi Constructors and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2008 | 10111201 | Pegasus Group Nineteen Trust I - Pegasus Assets Reconstruction Private Limited | ₹45 Cr | Satisfied |
To see the full charge records of Classic Bhoomi Constructors and Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Classic Bhoomi Constructors and Developers Private Limited has 13 court cases on record: 5 filed by Classic Bhoomi Constructors and Developers, 8 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 5 | 1 |
| District courts | 4 | 2 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Hardcastle Restaurants Pvt Ltd Through Vinesh Shanbhag | Pending |
| Supreme Court | Court case (2405-Indirect Taxation : Service Tax) | Filed against the company by Lifestyle International Pvt.Ltd. | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Trent Hyper Market Ltd. and Anr and 3 others | Pending |
| Bombay High Court | Court case (AO) | Filed against the company by Hardcastle Restaurants Private Limited | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by Hardcastle Restaurants Private Limited | Disposed |
To see the full case history of Classic Bhoomi Constructors and 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 Classic Bhoomi Constructors and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Classic Bhoomi Constructors and Developers has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
Classic Bhoomi Constructors and Developers 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 Classic Bhoomi Constructors and Developers Private Limited, buy the company report.
Recent activity
Classic Bhoomi Constructors and Developers Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Sunny Vijay Lakhani ceased to be Director on 15 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
Classic Bhoomi Constructors and Developers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Classic Bhoomi Constructors and Developers was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 December 2007 and is registered under CIN U45400MH2007PTC176593. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Classic Bhoomi Constructors and Developers is U45400MH2007PTC176593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Bhoomi Constructors and Developers had 2 directors:
- Jayshree Vijay Gajra - Director
- Vijaykumar Satramdas Lakhani - Director
Classic Bhoomi Constructors and Developers was incorporated on 10 December 2007. It is registered with the Registrar of Companies, Mumbai.
The registered office of Classic Bhoomi Constructors and Developers is at Management Office Palm Beach Gallaria Plot No – 17 Sector 19B Off – Palm Beach Road Vashi, Navi Mumbai, Maharashtra, India – 400705.
The latest financial statements of Classic Bhoomi Constructors and Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 September 2023. Year-wise statements from 2015 are in the company report.
No. Classic Bhoomi Constructors and Developers has 1 GST registration on record and it is cancelled or inactive.
Classic Bhoomi Constructors and Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
Classic Bhoomi Constructors and Developers has 13 court cases on record: 5 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.