About Coral Infragold Private Limited
Data last updated:
Coral Infragold Private Limited is a private limited company based in Bikaner, Rajasthan, 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 21 May 2007.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ2007PTC024455. Its GSTIN is 08AADCC0826E2Z2 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Shyam Sunder Daga and Mahendra Kalla.
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 Daga Chowk Near Mahesh Bhawan, Bikaner, Rajasthan, India – 334001.
As per the financials filed for FY 2016, the company reported a revenue of ₹34.49 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹45,635 (net margin 1.3%) and EBITDA of ₹1.77 Cr.
As per MCA filings, the company has open charges of ₹4.9 Cr and satisfied charges of ₹14.25 Cr on record. Court records list 41 cases involving the company, including 4 filed by the company and 37 filed against it; 9 cases are pending.
The last known website on record is coralgroup.co.in.
Company details
Contact details
Coral Infragold Private Limited's registered office is in Bikaner, Rajasthan. Its website is coralgroup.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressDaga Chowk Near Mahesh Bhawan, Bikaner, Rajasthan, India – 334001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Coral Infragold 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 Coral Infragold 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 Coral Infragold Private Limited, buy the company report.
Financials of Coral Infragold Private Limited
FY 2016 filings availableCoral Infragold Private Limited reported revenue of ₹34.49 Lakh (down 92% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year. EBITDA fell 36% 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 | ₹34.49 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.77 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹45,635 | |
| 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 | ||
| Net Profit Margin | 1.3% | |
| 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 Coral Infragold Private Limited, buy the company report.
Board of directors of Coral Infragold Private Limited
Coral Infragold has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Daga | Director | 21 May 2007 | 19 Years 5 Months | As last reported |
| Mahendra Kalla | Director | 21 May 2007 | 19 Years 5 Months | As last reported |
Peer comparison
Coral Infragold Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Archbuild Contractors Private Limited | ₹34.51 Lakh (FY 2025) | 1233.0% | Ahmedabad, Gujarat, India | |||
| Coral Infragold Private Limitedthis company | ₹34.49 Lakh (FY 2016) | ₹45,635 | 1.3% | -92.0% | Bikaner, Rajasthan, India | |
| Crum Infra Tech Private Limited | ₹34.48 Lakh (FY 2024) | 37.0% | Hyderabad, Telangana, India | |||
| Rajmata Enterprises Private Limited | ₹34.47 Lakh (FY 2023) | 14.0% | Thane, Maharashtra, India | |||
| Sumeru Landmarks Private Limited | ₹34.43 Lakh (FY 2016) | Palus, Maharashtra, India |
To see the full peer comparison of Coral Infragold Private Limited, buy the company report.
Auditor
Coral Infragold Private Limited is audited by SUDHISH SHARMA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHISH SHARMA & CO | FY 2016 | 006965C |
Shareholding
The shareholding of Coral Infragold Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Coral Infragold Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2019 | 100258934 | Others | ₹40 Lakh | Open | |
| 12 Oct 2013 | 10453708 | State Bank of Bikaner and Jaipur | ₹4.5 Cr | Open | |
| 08 Jun 2016 | 100035187 | Others | ₹4.25 Cr | Satisfied | |
| 21 Jul 2015 | 10588864 | Religare Finvest Limited | ₹3.5 Cr | Satisfied | |
| 16 Jan 2014 | 10476007 | Au Financiers (India) Limited | ₹2 Cr | Satisfied |
To see the full charge records of Coral Infragold Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Coral Infragold Private Limited has 41 court cases on record: 4 filed by Coral Infragold, 37 filed against it. 9 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 15 | 1 |
| District courts | 14 | 14 | 6 |
| NCLAT | 6 | 6 | 0 |
| NCLT | 2 | 2 | 2 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Zee Media Corporation Ltd | Pending |
| District court, South East, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Tata Capital Housing Finance Limited | Disposed |
| High Court of Rajasthan | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by an individual | Pending |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by an individual | Pending |
To see the full case history of Coral Infragold 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 Coral Infragold Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coral Infragold has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCC0826E2Z2 | Rajasthan | Active | 29 Jul 2021 |
To see the full GST registrations and return filing status of Coral Infragold Private Limited, buy the company report.
Recent activity
Coral Infragold Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Mahendra Kalla was appointed as Director on 21 May 2007.
3 earlier events are in the company report.
Frequently asked questions
Coral Infragold 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.
Coral Infragold is a company under insolvency, formerly operating as a private limited company based in Bikaner, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 May 2007 and is registered under CIN U45201RJ2007PTC024455. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Coral Infragold has 2 current directors:
- Shyam Sunder Daga - Director
- Mahendra Kalla - Director
The latest financial statements of Coral Infragold 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.
The CIN (Corporate Identification Number) of Coral Infragold is U45201RJ2007PTC024455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coral Infragold has open charges of ₹4.9 Cr and satisfied charges of ₹14.25 Cr as per latest MCA filings.
Coral Infragold has 41 court cases on record: 4 filed by the company and 37 filed against it. 9 are pending. Most are in the high courts.
Coral Infragold was incorporated on 21 May 2007. It is registered with the Registrar of Companies, Jaipur.
The peers of Coral Infragold by revenue are Archbuild Contractors Private Limited, Crum Infra Tech Private Limited, Rajmata Enterprises Private Limited, Sumeru Landmarks Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Mahendra Kalla was appointed as Director on 21 May 2007. Shyam Sunder Daga was appointed as Director on 21 May 2007.
Coral Infragold can be reached through the website coralgroup.co.in. Its registered office is in Bikaner, Rajasthan, India.
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