About Darode Jog Homes Private Limited
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Darode Jog Homes Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Darode Jog Builders Pvt Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70200PN2010PTC136601. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40.3 Cr and a paid-up capital of ₹40.01 Cr. It is led by directors including Sudhir Darode Chandrakant and Anand Jog Dhundiraj.
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 1212 Darode – Jog House Apte Road Deccan Gymkhana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2016, the company reported a revenue of ₹11.3 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹15.79 Lakh (net margin 1.4%) and EBITDA of ₹2.61 Cr (EBITDA margin 23.1%).
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹180 Cr on record. Court records list 46 cases involving the company, including 14 filed by the company and 32 filed against it; 11 cases are pending. The company has 5 deals on record (2 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹45 Cr; the latest was in March 2016.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website darodejog.com.
Company details
Contact details
Darode Jog Homes Private Limited's registered office is in Pune, Maharashtra. Its website is darodejog.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1212 Darode – Jog House Apte Road Deccan Gymkhana, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Darode Jog Homes 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
Financials of Darode Jog Homes Private Limited
FY 2016 filings availableDarode Jog Homes Private Limited reported revenue of ₹11.3 Cr (up 23% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year. EBITDA fell 91% 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 | ₹11.3 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.61 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹15.79 Lakh | |
| 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 | 23.1% | |
| Net Profit Margin | 1.4% | |
| 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 Darode Jog Homes Private Limited, buy the company report.
Board of directors of Darode Jog Homes Private Limited
Darode Jog Homes has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Darode Chandrakant Also directs: Cupid Constructions LLP, Darode Jog Shelters LLP, High Class Realtors Private Limited and 4 more | Director | 16 Jun 2010 | 16 Years 4 Months | Current |
| Anand Jog Dhundiraj Also directs: Cupid Constructions LLP, Darode Jog Shelters LLP, High Class Realtors Private Limited and 5 more | Director | 16 Jun 2010 | 16 Years 4 Months | Current |
| Ajay Pawar Ramchandra | Director | 15 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Darode Jog Homes Private Limited is audited by S P C M & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P C M & ASSOCIATES | FY 2016 | 112165W |
Shareholding
The shareholding of Darode Jog Homes Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Darode Jog Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2015 | 10573349 | Development Credit Bank Limited | ₹11 Cr | Satisfied | |
| 16 Feb 2015 | 10557550 | Idbi Trusteeship Services Limited | ₹120 Cr | Satisfied | |
| 25 Feb 2014 | 10510833 | Lichfl Trustee Company Private Limited | ₹49 Cr | Satisfied |
To see the full charge records of Darode Jog Homes Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Darode Jog Homes Private Limited has 5 deals on record (2 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹45 Cr; the latest was in March 2016.
Deals on record (2 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lichfl Trustee Company Private Limited |
| Feb 2015 | Acquisition | ₹115 Cr | Buyer: Piramal Investments |
To see the full deal history of Darode Jog Homes Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Darode Jog Homes Private Limited has 46 court cases on record: 14 filed by Darode Jog Homes, 32 filed against it. 11 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 27 | 7 |
| High courts | 9 | 3 | 3 |
| Supreme Court | 2 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Idbi Trusteeship Services Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by DCB Bank Ltd | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Idbi Trusteeship Services Ltd. Director Asian Building, Ground Floor, 17, R, Kamani Marg, Bellard Estate ,Mumbai , Maharashtra | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Idbi Trusteeship Services Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Darode Jog Homes 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 Darode Jog Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Darode Jog Homes Private Limited has a workforce of 21 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Darode Jog Homes 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 Darode Jog Homes Private Limited, buy the company report.
Recent activity
Darode Jog Homes Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Ajay Pawar Ramchandra was appointed as Director on 15 Feb 2018.
3 earlier events are in the company report.
Frequently asked questions
Darode Jog Homes is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 June 2010 (16+ years old) and is registered under CIN U70200PN2010PTC136601.
Darode Jog Homes has 3 current directors:
- Sudhir Darode Chandrakant - Director
- Anand Jog Dhundiraj - Director
- Ajay Pawar Ramchandra - Director
The latest financial statements of Darode Jog Homes 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. Darode Jog Homes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Darode Jog Homes is U70200PN2010PTC136601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Darode Jog Homes has 46 court cases on record: 14 filed by the company and 32 filed against it. 11 are pending. Most are in the district courts.
Darode Jog Homes was incorporated on 16 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Darode Jog Homes has 5 deals on record (2 secondary share transfers, 1 convertible or debt financing, 1 funding round), with disclosed funding of ₹45 Cr; the latest was in March 2016.
Ajay Pawar Ramchandra was appointed as Director on 15 Feb 2018. Alpa Digant Shah ceased to be Nominee Director on 18 Feb 2015. Anand Jog Dhundiraj was appointed as Director on 16 Jun 2010. Darode Jog Homes has 4 board changes on record in total.
Darode Jog Homes can be reached through the website darodejog.com. Its registered office is in Pune, Maharashtra, India.