About Dream Procon Private Limited
Data last updated:
Dream Procon Private Limited is a private limited company based in Delhi, India, a subsidiary of Victory Infratech Private Limited. 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 25 May 2011.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70200DL2011PTC219778.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Krishan Kumar Gupta and Pramod Goel.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 811 8th Floor Krishna Apra Plaza Tower – 1 Netaji Subhash Place Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2017, the company reported a revenue of ₹21.14 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹89.53 Lakh (net margin -4.2%) and EBITDA of ₹8.41 Cr (EBITDA margin 39.8%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58.98 Cr and satisfied charges of ₹34.5 Cr on record. Court records list 127 cases involving the company, including 1 filed by the company and 126 filed against it; 68 cases are pending.
The last known website on record is victoryinfra.com.
Company details
Contact details
Dream Procon Private Limited's registered office is in Delhi, Delhi. Its website is victoryinfra.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address811 8th Floor Krishna Apra Plaza Tower – 1 Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Dream Procon 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 activities of Dream Procon are construction and real estate. In detail, this covers buildings and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Dream Procon Private Limited, buy the company report.
Financials of Dream Procon Private Limited
FY 2018 filings availableDream Procon Private Limited reported revenue of ₹21.14 Cr (down 65% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year. EBITDA fell 29% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹21.14 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.41 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹89.53 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 39.8% | ||
| Net Profit Margin | -4.2% | ||
| 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 | |||
To see the full financial statements and ratios of Dream Procon Private Limited, buy the company report.
Board of directors of Dream Procon Private Limited
Dream Procon has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kumar Gupta Also directs: Nanda Parbat Finlease Limited | Director | 18 Mar 2013 | 13 Years 7 Months | As last reported |
| Pramod Goel Also directs: Victory Infraprojects Private Limited, Victory Portfolio Limited | Director | 01 Dec 2012 | 13 Years 10 Months | As last reported |
Peer comparison
Dream Procon Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Netflex Homes Private Limited | ₹21.15 Cr (FY 2023) | 50.0% | Asansol, West Bengal, India | |||
| Parthsarthy Infrastructures Private Limited | ₹21.14 Cr (FY 2024) | 99.0% | Niwari, Madhya Pradesh, India | |||
| Kele Realcorp Private Limited | ₹21.14 Cr (FY 2024) | -61.0% | Pune, Maharashtra, India | |||
| Dream Procon Private Limitedthis company | ₹21.14 Cr (FY 2017) | -₹89.53 Lakh | -4.2% | -65.0% | Delhi, India | |
| Alion Trade Private Limited | ₹21.14 Cr (FY 2025) | 3.0% | Jamnagar, Gujarat, India | |||
| Vaanam Constructions and Development Private Limited | ₹21.13 Cr (FY 2024) | 35.0% | Chennai, Tamil Nadu, India | |||
| Alayam Infraventure Private Limited | ₹21.13 Cr (FY 2025) | -52.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Dream Procon Private Limited, buy the company report.
Auditor
Dream Procon Private Limited is audited by SUMAN C GUPTA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMAN C GUPTA & ASSOCIATES | FY 2017 | 006974N |
Shareholding
The shareholding of Dream Procon Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dream Procon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2016 | 100040043 | Others | ₹2.45 Cr | Open | |
| 04 May 2016 | 100032403 | Others | ₹23.3 Lakh | Open | |
| 20 May 2015 | 10570530 | Moneywise Financial Services Private Limited | ₹5 Cr | Open | |
| 14 Nov 2014 | 10531937 | Reliance Capital Ltd | ₹35.28 Lakh | Open | |
| 02 May 2014 | 10490062 | Indrani Patnaik | ₹50 Cr | Open |
To see the full charge records of Dream Procon Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Dream Procon Private Limited has 127 court cases on record: 1 filed by Dream Procon, 126 filed against it. 68 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 103 | 103 | 62 |
| NCLAT | 15 | 15 | 3 |
| Supreme Court | 6 | 5 | 3 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 127)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Criminal miscellaneous application | Filed against the company by M/S Moneywise Financial Services Pvt Ltd | Pending |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Moneywise Financial Services Private Limited | Disposed |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
| District court, Panipat, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Victory Welfare Association | Pending |
To see the full case history of Dream Procon 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 Dream Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dream Procon has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Dream Procon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dream Procon Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Krishan Kumar Gupta ceased to be Director on 01 Sep 2019.
11 earlier events are in the company report.
Frequently asked questions
Dream Procon 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.
Dream Procon is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 May 2011 and is registered under CIN U70200DL2011PTC219778. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dream Procon has 2 current directors:
- Krishan Kumar Gupta - Director
- Pramod Goel - Director
The latest financial statements of Dream Procon on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dream Procon is U70200DL2011PTC219778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dream Procon has open charges of ₹58.98 Cr and satisfied charges of ₹34.5 Cr as per latest MCA filings.
Dream Procon has 127 court cases on record: 1 filed by the company and 126 filed against it. 68 are pending. Most are in the district courts.
Dream Procon was incorporated on 25 May 2011. It is registered with the Registrar of Companies, Delhi.
The peers of Dream Procon by revenue are Netflex Homes Private Limited, Parthsarthy Infrastructures Private Limited, Kele Realcorp Private Limited, Alion Trade Private Limited, Vaanam Constructions and Development Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Krishan Kumar Gupta ceased to be Director on 01 Sep 2019. Savita Goel ceased to be Director on 22 Sep 2018. Anil Gupta ceased to be Director on 27 Jul 2017. Dream Procon has 9 board changes on record in total.
Dream Procon can be reached through the website victoryinfra.com. Its registered office is in Delhi, India.