About Dreams Construction (Pune) Private Limited
Data last updated:
Dreams Construction (Pune) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Dreams Construction 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 09 August 2011.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2011PTC140416. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹12.5 Lakh. It is led by directors including Umesh Shashikant Ambardekar and Savita Kewalchand Kawediya.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at City Mall Office No. 301 3rd Floor University Road Ganeshkhind, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.03 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹54.22 Lakh (net margin 6%) and EBITDA of ₹59.39 Lakh (EBITDA margin 6.6%).
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The last known website on record is dreams-group.com.
Company details
Contact details
Dreams Construction (Pune) Private Limited's registered office is in Pune, Maharashtra. Its website is dreams-group.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressCity Mall Office No. 301 3rd Floor University Road Ganeshkhind, Pune, Maharashtra, India – 411007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Dreams Construction (Pune) 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 Dreams Construction (Pune) 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 Dreams Construction (Pune) Private Limited, buy the company report.
Financials of Dreams Construction (Pune) Private Limited
FY 2017 filings availableDreams Construction (Pune) Private Limited reported revenue of ₹9.03 Cr (down 39% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 39% in the latest year. EBITDA fell 77% 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 | ₹9.03 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹59.39 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹54.22 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 | 6.6% | ||
| Net Profit Margin | 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 Dreams Construction (Pune) Private Limited, buy the company report.
Board of directors of Dreams Construction (Pune) Private Limited
Dreams Construction (Pune) has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Shashikant Ambardekar Also directs: Rakshak Infrastructure (India) Private Limited | Director | 02 Dec 2013 | 12 Years 11 Months | As last reported |
| Savita Kewalchand Kawediya | Director | 25 Feb 2015 | 11 Years 8 Months | As last reported |
| Vijendra Kumar Jain Also directs: Jain Nemani Advisors Private Limited | Irp/Rp/Liquidator | 03 Jul 2024 | 2 Years 4 Months | As last reported |
| Ramesh Ghisulal Mehta Also directs: Dreams Bio-Tech Private Limited, Dreams Corporation Private Limited, Nesting Dreams Private Limited and 3 more | Director | 09 Aug 2011 | 15 Years 2 Months | As last reported |
| Subhash Sobhachand Lodha | Director | 25 Feb 2015 | 11 Years 8 Months | As last reported |
Peer comparison
Dreams Construction (Pune) Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Siba Habitats Private Limited | ₹9.04 Cr (FY 2025) | -3.0% | Sambalpur, Odisha, India | |||
| PG Setty Habitat Systems India Private Limited | ₹9.03 Cr (FY 2024) | 1635.0% | Mysore, Karnataka, India | |||
| Orient Builders Private Limited | ₹9.03 Cr (FY 2025) | 54.0% | Thanjavur, Tamil Nadu, India | |||
| Dreams Construction (Pune) Private Limitedthis company | ₹9.03 Cr (FY 2017) | ₹54.22 Lakh | 6% | -39.0% | 2 | Pune, Maharashtra, India |
| Narendra Properties Limited | ₹9.02 Cr (FY 2025) | -54.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Dreams Construction (Pune) Private Limited, buy the company report.
Auditor
Dreams Construction (Pune) Private Limited is audited by R G KATARIYA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R G KATARIYA & CO | FY 2017 | 104918W |
Shareholding
The shareholding of Dreams Construction (Pune) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dreams Construction (Pune) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2015 | 10582262 | Rajarambapu Sahakari Bank Limited | ₹22 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Dreams Construction (Pune) Private Limited has 2 court cases on record: 1 filed by Dreams Construction (Pune), 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Kohinoor Development Corporation Through Its Partner Shri Rajesh K Goel | Pending |
| District court, East Godavari, Andhra Pradesh | Criminal complaint | Filed against the company by M/S Rak Ceramics India Pvt Limited, Rep by Its Assistant General Manager ,Biswa Ranjan Subudhi | Pending |
To see the full case history of Dreams Construction (Pune) 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 Dreams Construction (Pune) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dreams Construction (Pune) Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Dreams Construction (Pune) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dreams Construction (Pune) Private Limited, buy the company report.
Recent activity
Dreams Construction (Pune) Private Limited has 12 board changes on record since 2011: 5 appointments and 7 cessations. The latest: Vijendra Kumar Jain was appointed as Irp/Rp/Liquidator on 03 Jul 2024.
4 earlier events are in the company report.
Frequently asked questions
Dreams Construction (Pune) 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.
Dreams Construction (Pune) is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 August 2011 and is registered under CIN U45200PN2011PTC140416. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dreams Construction (Pune) has 5 current directors:
- Umesh Shashikant Ambardekar - Director
- Savita Kewalchand Kawediya - Director
- Ramesh Ghisulal Mehta - Director
- Subhash Sobhachand Lodha - Director
- Vijendra Kumar Jain - Irp/Rp/Liquidator
The latest financial statements of Dreams Construction (Pune) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dreams Construction (Pune) is U45200PN2011PTC140416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dreams Construction (Pune) has open charges of ₹22 Lakh and no satisfied charges on record as per latest MCA filings.
Dreams Construction (Pune) has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Dreams Construction (Pune) was incorporated on 09 August 2011. It is registered with the Registrar of Companies, Pune.
The peers of Dreams Construction (Pune) by revenue are Siba Habitats Private Limited, PG Setty Habitat Systems India Private Limited, Orient Builders Private Limited, Narendra Properties Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Vijendra Kumar Jain was appointed as Irp/Rp/Liquidator on 03 Jul 2024. Pradeep Devichand Bansal ceased to be Director on 01 Oct 2017. Satish Subhash Bansal ceased to be Director on 01 Oct 2017. Dreams Construction (Pune) has 12 board changes on record in total.
Dreams Construction (Pune) can be reached through the website dreams-group.com. Its registered office is in Pune, Maharashtra, India.
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