Damask Infracon Private Limited
About Damask Infracon Private Limited
Data last updated:
Damask Infracon Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rkw Developers Private Limited. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 19 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC179052. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹9 Lakh. It was formerly known as Starlight Hospitality Private Limited. It is led by directors including Placid Jacob Naronha and Bhagwat Swarup Sharma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 4th Floor Hdil Towers Anant Kanekar Marg Bandra – East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.53 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹115.94 Cr and EBITDA of -₹115.81 Cr. Revenue has declined at a compounded annual rate (CAGR) of 29% over three years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹150 Cr on record. Court records list 32 cases involving the company, including 5 filed by the company and 27 filed against it; 11 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8 Cr; the latest was in March 2010.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Damask Infracon has one previous CIN (Corporate Identification Number): U55204MH2008PTC179052. The current CIN is U70102MH2008PTC179052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH2008PTC179052 | Current |
| U55204MH2008PTC179052 | Previous |
Contact details
Damask Infracon Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Hdil Towers Anant Kanekar Marg Bandra – East, Mumbai, Maharashtra, India – 400051
- IndustryInfrastructure and Utilities, Infrastructure Project Management
To see the full contact details of Damask Infracon 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 Damask Infracon is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Damask Infracon Private Limited
FY 2018 filings availableDamask Infracon Private Limited reported revenue of ₹9.53 Lakh (down 97% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over three years, including a 97% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹115.81 Cr | |||
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| Net Profit (PAT) | -₹115.94 Cr | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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To see the full financial statements and ratios of Damask Infracon Private Limited, buy the company report.
Board of directors of Damask Infracon Private Limited
Damask Infracon has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Placid Jacob Naronha | Director | 10 Aug 2010 | 16 Years 2 Months | Current |
| Bhagwat Swarup Sharma Also directs: Vallabh Poly-Plast International Limited, Samudra Developers Private Limited., Ultra Space Developers Private Limited and 5 more | Director | 15 May 2010 | 16 Years 5 Months | Current |
| Sunil Sambhaji Shinde Also directs: Ultra Space Developers Private Limited, Shishir Realty Private Limited, Wadhawan Retail Private Limited and 4 more | Additional Director | 25 Feb 2020 | 6 Years 7 Months | Current |
| Kalpesh Keshav Shelar Also directs: Ultra Space Developers Private Limited, Resources Realty Private Limited, Yardstick Developers Private Limited and 5 more | Director | 25 Feb 2020 | 6 Years 7 Months | Current |
Auditor
Damask Infracon Private Limited is audited by T R CHADHA & CO LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO LLP | FY 2015 | 006711N |
Shareholding
The shareholding of Damask Infracon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Damask Infracon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2010 | 10258371 | Icici Bank Limited | ₹23 Cr | Satisfied | |
| 10 Dec 2010 | 10258384 | Icici Bank Limited | ₹54 Cr | Satisfied | |
| 10 Dec 2010 | 10258478 | Icici Bank Limited | ₹21 Cr | Satisfied | |
| 10 Dec 2010 | 10258480 | Icici Bank Limited | ₹12 Cr | Satisfied | |
| 10 Dec 2010 | 10258484 | Icici Bank Limited | ₹40 Cr | Satisfied |
To see the full charge records of Damask Infracon Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Damask Infracon Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8 Cr; the latest was in March 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: RKW Developers Private Limited , Rkw Developers Private Limited And Wadhawan Holdings Private Limited Seller: Canary Hospitality Private Limited , Coral Inn Private Limited , 2 individuals |
| Mar 2009 | Funding round | ₹8 Cr | Investors: Canary Hospitality Private Limited , Coral Inn Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Damask Infracon Private Limited has 32 court cases on record: 5 filed by Damask Infracon, 27 filed against it. 11 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 19 | 5 |
| District courts | 8 | 5 | 5 |
| Supreme Court | 2 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Rizvi Estates and Hotels Pvt. Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M/S Sunbeam Monochem Pvt.Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Sunbeam Monochem Pvt.Ltd | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by JSL Lifestyle Ltd | Pending |
To see the full case history of Damask Infracon 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 Damask Infracon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Damask Infracon has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Angels Infracon Private Limited | U70109MH2002PTC136017 |
To see the full group structure of Damask Infracon Private Limited, buy the company report.
GST
Damask Infracon 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 Damask Infracon Private Limited, buy the company report.
Recent activity
Damask Infracon Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Kalpesh Keshav Shelar was appointed as Director on 25 Feb 2020.
12 earlier events are in the company report.
Frequently asked questions
Damask Infracon is an active private limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 19 February 2008 (18+ years old) and is registered under CIN U70102MH2008PTC179052.
Damask Infracon has 4 current directors:
- Placid Jacob Naronha - Director
- Bhagwat Swarup Sharma - Director
- Sunil Sambhaji Shinde - Additional Director
- Kalpesh Keshav Shelar - Director
The latest financial statements of Damask Infracon on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Damask Infracon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Damask Infracon is U70102MH2008PTC179052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Damask Infracon has 32 court cases on record: 5 filed by the company and 27 filed against it. 11 are pending. Most are in the high courts.
Damask Infracon was incorporated on 19 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Damask Infracon has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹8 Cr; the latest was in March 2010.
Kalpesh Keshav Shelar was appointed as Director on 25 Feb 2020. Sunil Sambhaji Shinde was appointed as Additional Director on 25 Feb 2020. Bhagwat Swarup Sharma ceased to be Director on 23 Oct 2019. Damask Infracon has 11 board changes on record in total.
The registered office of Damask Infracon is at 4th Floor Hdil Towers Anant Kanekar Marg Bandra – East, Mumbai, Maharashtra, India – 400051.