Elite County Developers Private Limited
About Elite County Developers Private Limited
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Elite County Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PTC150277.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Jaskaranjit Singh Sandhu and Jagmeet Singh Sandhu.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 2 Amar Park Near Zakhira Flyover, New Delhi, Delhi, India – 110035.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.93 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹22,277 (net margin 2%) and EBITDA of ₹1.79 Lakh (EBITDA margin 16.4%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹80.6 Lakh on record. Court records list 76 cases involving the company, including 19 filed by the company and 57 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Elite County Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Amar Park Near Zakhira Flyover, New Delhi, Delhi, India – 110035
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Elite County Developers 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 Elite County Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Elite County Developers Private Limited, buy the company report.
Financials of Elite County Developers Private Limited
FY 2020 filings availableElite County Developers Private Limited reported revenue of ₹10.93 Lakh (down 95% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 95% fall in the latest year. EBITDA fell 42% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.93 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22,277 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.4% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Elite County Developers Private Limited, buy the company report.
Board of directors of Elite County Developers Private Limited
Elite County Developers has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaskaranjit Singh Sandhu Also directs: Elite County Industries Private Limited | Director | 06 Sep 2006 | 20 Years 1 Months | Current |
| Jagmeet Singh Sandhu | Director | 20 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Elite County Developers Private Limited is audited by SANJAY KAPOOR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY KAPOOR & CO | FY 2020 | 011851N |
Shareholding
The shareholding of Elite County Developers Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Elite County Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2011 | 10310982 | State Bank of Patiala | ₹80.6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Elite County Developers Private Limited has 76 court cases on record: 19 filed by Elite County Developers, 57 filed against it. 7 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 56 | 7 |
| High courts | 7 | 1 | 0 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Four Seasons Hospitality Pvt Ltd | Disposed |
| District court, Amritsar, Punjab | Appeal | Filed by the company against Punjab State Power Corporation Ltd Through Chairman | Disposed |
| District court, Amritsar, Punjab | Civil suit | Filed by the company against Punjab State Power Corporation Ltd. | Disposed |
| District court, Amritsar, Punjab | Appeal | Filed by the company against an individual | Pending |
| District court, Amritsar, Punjab | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Elite County Developers 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 Elite County Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Elite County Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Elite County Developers Private Limited has 13 board changes on record since 2006: 2 appointments and 11 cessations. The latest: Bikramjit Singh ceased to be Director on 08 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
Elite County Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 June 2006 (20+ years old) and is registered under CIN U70109DL2006PTC150277.
Elite County Developers has 2 current directors:
- Jaskaranjit Singh Sandhu - Director
- Jagmeet Singh Sandhu - Director
The latest financial statements of Elite County Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Elite County Developers is U70109DL2006PTC150277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite County Developers has 76 court cases on record: 19 filed by the company and 57 filed against it. 7 are pending. Most are in the district courts.
Elite County Developers was incorporated on 26 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Bikramjit Singh ceased to be Director on 08 Sep 2022. Balwant Singh ceased to be Director on 01 Nov 2016. Guriqbal Singh Bhullar ceased to be Director on 11 Nov 2011. Elite County Developers has 13 board changes on record in total.
The registered office of Elite County Developers is at 2 Amar Park Near Zakhira Flyover, New Delhi, Delhi, India – 110035.
Elite County Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Elite County Developers has open charges of ₹80.6 Lakh and no satisfied charges on record as per latest MCA filings.