Desai Developers Private Limited

Desai Developers Private Limited - real estate and construction in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U45201GJ2007PTC050389 Incorporated 29 March 2007 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2015
₹16.81 Cr
▲ 9% YoY
Net profit · FY 2015
₹3.61 Lakh
Net margin 0.2%
EBITDA · FY 2015
-₹7.59 Lakh
EBITDA margin -0.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹81 Lakh
Issued & subscribed
Open charges
₹25 Cr
Satisfied ₹12 Cr
Company age
19 yrs
Est. 2007
Directors on board
4
As per MCA filings

About Desai Developers Private Limited

Data last updated:

Desai Developers Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 March 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2007PTC050389. The company has 1 GST registration on record, which is no longer active.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 ₹81 Lakh. It is led by directors including Nilimaben Rajnikant Desai and Rajnikant Ambelal Desai.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 302 – 304 Rajhans Bonista Behind Ram Chowk Ghod Dod Road, Surat, Gujarat, India – 395002.

As per the financials filed for FY 2015, the company reported a revenue of ₹16.81 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.61 Lakh (net margin 0.2%) and EBITDA of -₹7.59 Lakh (EBITDA margin -0.5%).

As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹12 Cr on record. Court records list 30 cases involving the company, including 2 filed by the company and 23 filed against it; 3 cases are pending.

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 desaidevelopers.in.

Company Details of Desai Developers Private Limited
CIN U45201GJ2007PTC050389
Registration Number 050389
Incorporation Date 29 March 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    302 – 304 Rajhans Bonista Behind Ram Chowk Ghod Dod Road, Surat, Gujarat, India – 395002
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Desai Developers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Desai Developers Private Limited FY 2015 filings available

Desai Developers Private Limited reported revenue of ₹16.81 Cr (up 9% YoY) for FY 2015.

Revenue · FY 2015
₹16.81 Cr ▲ 9%
Net profit · FY 2015
₹3.61 Lakh margin 0.2%
EBITDA · FY 2015
-₹7.59 Lakh margin -0.5%

Compounded Annual Growth Rate (CAGR) of Desai Developers Private Limited

Revenue CAGR growth
1 year
▲ 9%

Revenue rose 9% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Desai Developers Private Limited

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue₹16.81 Cr
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA-₹7.59 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹3.61 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 of Desai Developers Private Limited

MetricsFY 2014-15
Profitability
EBITDA Margin-0.5%
Net Profit Margin0.2%
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••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Desai Developers are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Desai Developers Private Limited

Desai Developers Private Limited is audited by Y B DESAI & ASSOCIATES for the financial year 2015.

NameStatusAppointment DateCessation Date
Y B DESAI & ASSOCIATESLockedLockedLocked
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Board of Directors of Desai Developers Private Limited

Desai Developers has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nilimaben Rajnikant DesaiDirector29 Mar 200719 Years 6 MonthsCurrent
Rajnikant Ambelal DesaiDirector29 Mar 200719 Years 6 MonthsCurrent
Ravi Rajanikant DesaiDirector05 Oct 201214 Years 0 MonthsCurrent
Vinit Rajnikantbhai DesaiDirector05 Oct 201214 Years 0 MonthsCurrent

Ownership and Shareholding of Desai Developers Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Desai Developers Private Limited

Open charges
₹25 Cr
Satisfied charges
₹12 Cr
Breakdown by lending institutions
State Bank of India₹25.00 Cr
Latest charge details
DateLenderAmountStatus
14 Mar 2016State Bank of India₹25 CrOpen
23 Sep 2010Bank of Baroda₹12 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Desai Developers Private Limited

Employment history and EPFO contributions of people linked to Desai Developers.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Desai Developers Private Limited

Desai Developers Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Ravi Rajanikant Desai was appointed as Director on 05 Oct 2012.

Charges
A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 10627516 was registered on 14 Mar 2016.
AGM
Desai Developers Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Filing
Desai Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Ahmedabad.
Appointed
Ravi Rajanikant Desai was appointed as Director.
Appointed
Vinit Rajnikantbhai Desai was appointed as Director.
Charges
A charge registered on 23 Sep 2010 via Charge ID 10244092 with Bank Of Baroda was fully satisfied on 14 Jun 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 12.00 Cr with Charge ID 10244092 was registered on 23 Sep 2010.
Appointed
Nilimaben Rajnikant Desai was appointed as Director.
Appointed
Rajnikant Ambelal Desai was appointed as Director.
Incorporation
29 Mar 2007
Desai Developers Private Limited was registered on 29 Mar 2007 with Roc Ahmedabad & aged 19 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Desai Developers Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Desai Developers Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Desai Developers Private Limited

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Corporate group structure

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GST Compliance of Desai Developers Private Limited

Desai Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

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MCA Filings & Documents of Desai Developers Private Limited

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MCA filings and documents

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Frequently Asked Questions about Desai Developers Private Limited

Desai Developers is an active private limited company based in Surat, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 March 2007 (19+ years old) and is registered under CIN U45201GJ2007PTC050389.

Desai Developers reported revenue of ₹16.81 Cr for FY 2015 (up 9% YoY).

Desai Developers has 4 current directors:

Desai Developers reported a net profit of ₹3.61 Lakh (net margin 0.2%) and EBITDA of -₹7.59 Lakh (EBITDA margin -0.5%) for FY 2015, as per its filed financial statements.

No. Desai Developers has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Desai Developers is U45201GJ2007PTC050389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Desai Developers has 30 court cases on record: 2 filed by the company and 23 filed against it. 3 are pending. Most are in the district courts.

Desai Developers was incorporated on 29 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Ravi Rajanikant Desai was appointed as Director on 05 Oct 2012. Vinit Rajnikantbhai Desai was appointed as Director on 05 Oct 2012. Nilimaben Rajnikant Desai was appointed as Director on 29 Mar 2007. Desai Developers has 4 board changes on record in total.

Desai Developers can be reached through the website desaidevelopers.in. Its registered office is in Surat, Gujarat, India.

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