Drastee Realcon Private Limited

Drastee Realcon Private Limited - real estate and construction in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U45209UP2019PTC123293 Incorporated 13 November 2019 ROC Kanpur HQ Noida, Uttar Pradesh, India
Under Insolvency Private Limited Company real estate and construction
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹100 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2021
Balance sheet date
Last AGM
30 Nov 2021
Annual general meeting

About Drastee Realcon Private Limited

Data last updated:

Drastee Realcon Private Limited is a private limited company based in Noida, Uttar Pradesh, 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2019.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U45209UP2019PTC123293. Its GSTIN is 09AAHCD5098D1ZG (Uttar Pradesh).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajit Gyanchand Jain (Irp/Rp/Liquidator) and Rajat Arora.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 45 Sector 62, Noida, Uttar Pradesh, India – 201307.

As per MCA filings, the company has open charges of ₹100 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Company details

CIN U45209UP2019PTC123293
Registration Number 123293
Incorporation Date 13 November 2019
ROC Kanpur
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021

Contact details

Drastee Realcon Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address is in the company report.

  • Email
  • Registered Address
    C – 45 Sector 62, Noida, Uttar Pradesh, India – 201307
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Drastee Realcon Private Limited, buy the company report.

Comprehensive company report
Drastee Realcon Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Drastee Realcon is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

Financials of Drastee Realcon Private Limited

FY 2021 filings available

Financial Statement Summary

MetricsFY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Drastee Realcon Private Limited, buy the company report.

Board of directors of Drastee Realcon Private Limited

Drastee Realcon has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ajit Gyanchand JainIrp/Rp/Liquidator25 Aug 20233 Years 2 MonthsAs last reported
Rajat AroraDirector13 Nov 20196 Years 11 MonthsAs last reported
Mohit AroraDirector13 Nov 20196 Years 11 MonthsAs last reported

Auditor

Drastee Realcon Private Limited is audited by SOHIL AGARWAL & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SOHIL AGARWAL & ASSOCIATESFY 2021029226N

Shareholding

The shareholding of Drastee Realcon Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Drastee Realcon Private Limited, buy the company report.

Charges & borrowings

Open charges
₹100 Cr
Satisfied charges
None
Breakdown by lending institutions
Sbicap Trustee Company Limited₹100.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Mar 2020100336353Sbicap Trustee Company Limited₹100 CrOpen

To see the full charge records of Drastee Realcon Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Drastee Realcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Drastee Realcon has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAHCD5098D1ZGUttar PradeshActive05 May 2021

To see the full GST registrations and return filing status of Drastee Realcon Private Limited, buy the company report.

Recent activity

Drastee Realcon Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator on 25 Aug 2023.

Appointed
Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 10,000.00 Lakh registered on 02 Mar 2020 with Charge ID 100336353 was modified on 29 Mar 2022.
AGM
Drastee Realcon Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Drastee Realcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kanpur.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 10,000.00 Lakh with Charge ID 100336353 was registered on 02 Mar 2020.
Appointed
Mohit Arora was appointed as Director.
Appointed
Rajat Arora was appointed as Director.
Incorporation
13 Nov 2019
Drastee Realcon Private Limited was registered on 13 Nov 2019 with Roc Kanpur & aged 6 years 11 months as per MCA records.

Frequently asked questions

Drastee Realcon 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.

Drastee Realcon is a company under insolvency, formerly operating as a private limited company based in Noida, Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 November 2019 and is registered under CIN U45209UP2019PTC123293. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Drastee Realcon has 3 current directors:

The latest financial statements of Drastee Realcon on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Drastee Realcon is U45209UP2019PTC123293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Drastee Realcon has open charges of ₹100 Cr and no satisfied charges on record as per latest MCA filings.

Drastee Realcon has 1 court case on record: 1 filed against it. 1 is pending.

Drastee Realcon was incorporated on 13 November 2019. It is registered with the Registrar of Companies, Kanpur.

Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator on 25 Aug 2023. Mohit Arora was appointed as Director on 13 Nov 2019. Rajat Arora was appointed as Director on 13 Nov 2019.

The registered office of Drastee Realcon is at C – 45 Sector 62, Noida, Uttar Pradesh, India – 201307.