About Dharmesh Constructions Private Limited
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Dharmesh Constructions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Acme Complex Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 August 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1991PTC063058. Its GSTIN is 27AACCD4733E1ZX (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.71 Cr. It was formerly known as Shri Ganesh Dwellers Private Limited and Trishna Dwellers Private Limited. It is led by directors including Munish Pravin Doshi and Ketan Jayantilal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Acme Ghar 19 K.D. Road Off V.M. Road Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.84 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹23.19 Cr (net margin -106.2%) and EBITDA of -₹23.18 Cr (EBITDA margin -106.2%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹534.47 Cr and satisfied charges of ₹562.78 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 4 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹201.7 Cr; the latest was in June 2014. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 335 overdue payments to 28 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acmehousing.com.
Company details
Name history
Dharmesh Constructions has undergone 2 name changes throughout its history. The company was previously known as Shri Ganesh Dwellers Private Limited, and Trishna Dwellers Private Limited. The current legal name is Dharmesh Constructions Private Limited.
| Company Name | Status |
|---|---|
| Dharmesh Constructions Private Limited | Current |
| Shri Ganesh Dwellers Private Limited | Previous |
| Trishna Dwellers Private Limited | Previous |
Contact details
Dharmesh Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its website is acmehousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAcme Ghar 19 K.D. Road Off V.M. Road Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Dharmesh Constructions 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 Dharmesh Constructions 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 Dharmesh Constructions Private Limited, buy the company report.
Financials of Dharmesh Constructions Private Limited
FY 2023 filings availableDharmesh Constructions Private Limited reported revenue of ₹21.84 Cr (down 62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 62% fall in the latest year. EBITDA rose 78% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹23.18 Cr | ||||
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| Net Profit (PAT) | -₹23.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -106.2% | ||||
| Net Profit Margin | -106.2% | ||||
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To see the full financial statements and ratios of Dharmesh Constructions Private Limited, buy the company report.
Board of directors of Dharmesh Constructions Private Limited
Dharmesh Constructions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Pravin Doshi Also directs: Acropolis Agro Private Limited, Acme Sthapati Limited, Acme Building Design Consultants Pvt Ltd and 5 more | Director | 29 Jan 1998 | 28 Years 8 Months | Current |
| Ketan Jayantilal Mehta Also directs: Acme Building Products Private Limited, Acme Sthapati Limited, Acme Housing India Private Limited and 5 more | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
| Pravin Himmatlal Doshi Also directs: Acropolis Agro Private Limited, Acme Building Products Private Limited, Acme Sthapati Limited and 5 more | Director | 23 Aug 1991 | 35 Years 2 Months | Current |
| Mukesh Parmanand Ajmera Also directs: Aalap Construction P Ltd, Acme Civil Engineering Company Private Limited, 29Estate Solutions Private Limited and 5 more | Director | 22 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Dharmesh Constructions Private Limited is audited by M/s CGCA & Associates LLP, for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s CGCA & Associates LLP, | FY 2022 | 123393W |
Shareholding
The shareholding of Dharmesh Constructions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dharmesh Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2021 | 100435857 | Others | ₹85.4 Cr | Open | |
| 27 Nov 2018 | 100223559 | Others | ₹90 Cr | Open | |
| 15 Dec 2016 | 100067179 | Others | ₹100 Cr | Open | |
| 29 Oct 2013 | 10456886 | Others | ₹250 Cr | Open | |
| 03 Dec 2004 | 90384767 | Housing & Urban Development Corporation Ltd. | ₹9 Cr | Open |
To see the full charge records of Dharmesh Constructions Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Dharmesh Constructions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹201.7 Cr; the latest was in June 2014.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Acme Complex Private Limited Seller: Acme Housing India Private Limited , 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Pravin H Doshi HUF, an individual |
| Jun 2006 | Funding round | ₹201 Cr | Investors: Acme Housing India Private Limited |
To see the full deal history of Dharmesh Constructions 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
Dharmesh Constructions Private Limited has 5 court cases on record: 5 filed against it. 4 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Skyway RMC Plants Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed against the company by Shreeji Enterprises Through Partners Ramesh Govind Limbasia | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Dharmesh Constructions 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
Dharmesh Constructions Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 335 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Pag International Private Limited | |||
| Nootan RMC Infra | |||
| an individual supplier |
To see the full MSME payment records of Dharmesh Constructions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Dharmesh Constructions Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Dharmesh Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD4733E1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dharmesh Constructions Private Limited, buy the company report.
Recent activity
Dharmesh Constructions Private Limited has 8 board changes on record since 1991: 4 appointments and 4 cessations. The latest: Bhupendra Madhusudan Doshi ceased to be Director on 22 Jul 2022.
23 earlier events are in the company report.
Frequently asked questions
Dharmesh Constructions is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 August 1991 (35+ years old) and is registered under CIN U70100MH1991PTC063058.
Dharmesh Constructions has 4 current directors:
- Munish Pravin Doshi - Director
- Ketan Jayantilal Mehta - Director
- Pravin Himmatlal Doshi - Director
- Mukesh Parmanand Ajmera - Director
The latest financial statements of Dharmesh Constructions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Dharmesh Constructions is 27AACCD4733E1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dharmesh Constructions is U70100MH1991PTC063058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dharmesh Constructions has 5 court cases on record: 5 filed against it. 4 are pending.
Dharmesh Constructions was incorporated on 23 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Dharmesh Constructions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹201.7 Cr; the latest was in June 2014.
Bhupendra Madhusudan Doshi ceased to be Director on 22 Jul 2022. Rajesh Pravin Doshi ceased to be Director on 15 Nov 2016. Ketan Jayantilal Mehta ceased to be Additional Director on 30 Sep 2015. Dharmesh Constructions has 8 board changes on record in total.
Dharmesh Constructions has 7 MSME Form 1 returns on record between 2019 and 2023, listing 335 overdue payments to 28 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Dharmesh Constructions can be reached through the website acmehousing.com. Its registered office is in Mumbai, Maharashtra, India.