Deem Construction Company Private Limited
About Deem Construction Company Private Limited
Data last updated:
Deem Construction Company Private Limited is a private limited company based in Jaipur, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 19 July 2007.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ2007PTC024757. Its GSTIN is 08AACCN5611P1Z5 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹17 Cr. It was formerly known as Neena Buildcon Private Limited. It is led by directors including Sandeep Kumar Jain (Irp/Rp/Liquidator) and Rukhsana Qureshi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at G1 – 262 – 263 Epip RIICO Sitapura, Jaipur, Rajasthan, India – 302029.
As per the financials filed for FY 2018, the company reported a revenue of ₹32.67 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹4.77 Cr (net margin -14.6%) and EBITDA of -₹1.84 Cr (EBITDA margin -5.6%).
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹72.21 Cr and satisfied charges of ₹2.66 Cr on record. Court records list 66 cases involving the company, including 42 filed by the company and 24 filed against it; 32 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.99 Cr; the latest was in January 2014.
Company details
Contact details
Deem Construction Company Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG1 – 262 – 263 Epip RIICO Sitapura, Jaipur, Rajasthan, India – 302029
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Deem Construction Company 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 Deem Construction Company is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Deem Construction Company Private Limited, buy the company report.
Financials of Deem Construction Company Private Limited
FY 2020 filings availableDeem Construction Company Private Limited reported revenue of ₹32.67 Cr (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. EBITDA fell 128% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹32.67 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.84 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.77 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5.6% | |||
| Net Profit Margin | -14.6% | |||
| 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 Deem Construction Company Private Limited, buy the company report.
Board of directors of Deem Construction Company Private Limited
Deem Construction Company has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kumar Jain | Irp/Rp/Liquidator | 02 May 2023 | 3 Years 5 Months | As last reported |
| Rukhsana Qureshi | Director | 19 Feb 2008 | 18 Years 8 Months | As last reported |
| Nasim Qureshi Also directs: Pinkcity Tradecom Private Limited, GG Suntronix Private Limited | Director | 19 Jul 2007 | 19 Years 3 Months | As last reported |
| Arif Kureshi | Director | 13 Jun 2011 | 15 Years 4 Months | As last reported |
| Salamudeen Qureshi Also directs: Salamudeen Financial Services Private Limited | Director | 13 Jun 2011 | 15 Years 4 Months | As last reported |
| Sajida Qureshi | Director | 27 Jun 2011 | 15 Years 3 Months | As last reported |
Auditor
Deem Construction Company Private Limited is audited by S. Singhal & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Singhal & Co. | FY 2018 | 001526C |
Shareholding
The shareholding of Deem Construction Company 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 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Deem Construction Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2016 | 100032549 | Others | ₹1.93 Cr | Open | |
| 22 Apr 2016 | 100037066 | Hdfc Bank Limited | ₹5.65 Lakh | Open | |
| 22 Apr 2016 | 100037068 | Hdfc Bank Limited | ₹5.65 Lakh | Open | |
| 20 Jul 2015 | 10580649 | Hdfc Bank Limited | ₹13 Cr | Open | |
| 29 Jun 2015 | 10581025 | Hdfc Bank Limited | ₹13 Cr | Open |
To see the full charge records of Deem Construction Company Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Deem Construction Company Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.99 Cr; the latest was in January 2014.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Dec 2012 | Funding round | ₹16.25 Cr | Investors: 4 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Jun 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2011 | Funding round | ₹74 Lakh | Investors: 4 individuals |
To see the full deal history of Deem Construction Company 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
Deem Construction Company Private Limited has 66 court cases on record: 42 filed by Deem Construction Company, 24 filed against it. 32 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 41 | 10 | 28 |
| District courts | 23 | 12 | 4 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Pratham Solutions Pvt. Ltd. | Pending |
| NCLT, Jaipur | Insolvency matter | Filed against the company by M/S Tijaria Polypipes Ltd .... Through Mr.Vikas Jain Tijearia | Disposed |
| NCLT, Jaipur | Insolvency matter | Filed against the company by Hellacious Buildcorp Private Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Zennar Aquamet India Pvt Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by HDFC Bank | Disposed |
To see the full case history of Deem Construction Company 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.
Credit ratings & regulatory alerts
Deem Construction Company Private Limited was last rated by Care on 22 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Sep 2022 |
To see the full credit ratings and regulatory alerts of Deem Construction Company Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Deem Construction Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Deem Construction Company has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| GG Suntronix Private Limited | U72200RJ2006PTC023390 |
To see the full group structure of Deem Construction Company Private Limited, buy the company report.
GST
Deem Construction Company has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCN5611P1Z5 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Deem Construction Company Private Limited, buy the company report.
Recent activity
Deem Construction Company Private Limited has 12 board changes on record since 2007: 6 appointments and 6 cessations. The latest: Sandeep Kumar Jain was appointed as Irp/Rp/Liquidator on 02 May 2023.
18 earlier events are in the company report.
Frequently asked questions
Deem Construction Company 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.
Deem Construction Company is a company under insolvency, formerly operating as a private limited company based in Jaipur, Rajasthan, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 19 July 2007 and is registered under CIN U45201RJ2007PTC024757. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Deem Construction Company has 6 current directors:
- Rukhsana Qureshi - Director
- Nasim Qureshi - Director
- Arif Kureshi - Director
- Salamudeen Qureshi - Director
- Sajida Qureshi - Director
- Sandeep Kumar Jain - Irp/Rp/Liquidator
The latest financial statements of Deem Construction Company on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Deem Construction Company is U45201RJ2007PTC024757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deem Construction Company has open charges of ₹72.21 Cr and satisfied charges of ₹2.66 Cr as per latest MCA filings.
Deem Construction Company has 66 court cases on record: 42 filed by the company and 24 filed against it. 32 are pending. Most are in the high courts.
Deem Construction Company was incorporated on 19 July 2007. It is registered with the Registrar of Companies, Jaipur.
Deem Construction Company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹16.99 Cr; the latest was in January 2014.
Sandeep Kumar Jain was appointed as Irp/Rp/Liquidator on 02 May 2023. Amit Sharma ceased to be Company Secretary on 31 Dec 2015. Naveen Poonia ceased to be Director on 26 Feb 2014. Deem Construction Company has 12 board changes on record in total.