Faery Estates Private Limited
About Faery Estates Private Limited
Data last updated:
Faery Estates Private Limited was a foreign private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Airoli Itp Development Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 May 1998.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U70101TN1998FTC134733. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹60 Cr and a paid-up capital of ₹47.98 Cr. It was led by directors including Hooi Pik Ling and Mohan Muthanna Kudupoje.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Global Infocity Park 40 Anna Nedunchalai Kandanchavadi Perungudi, Chennai, Tamil Nadu, India – 600096.
As per the financials filed for FY 2021, the company reported a revenue of ₹247.71 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹97.69 Cr (net margin 39.4%) and EBITDA of ₹204.57 Cr (EBITDA margin 82.6%).
As per MCA filings, the company had satisfied charges of ₹727.43 Cr on record. Court records list 25 cases involving the company, including 16 filed by the company and 9 filed against it; 1 case is pending. The company has 2 deals on record (2 acquisitions); the latest was in November 2018. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is Suncity Buildcon Private Limited with revenue of ₹249.26 Cr.
Company details
CIN history
Faery Estates has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70101TN1998FTC134733, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101TN1998FTC134733 | Current |
| U70101MH1998PTC114830 | Previous |
| U70101MH1998FTC114830 | Previous |
Contact details
Faery Estates Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressGlobal Infocity Park 40 Anna Nedunchalai Kandanchavadi Perungudi, Chennai, Tamil Nadu, India – 600096
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Faery Estates 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 Faery Estates 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 Faery Estates Private Limited, buy the company report.
Financials of Faery Estates Private Limited
FY 2021 filings availableFaery Estates Private Limited reported revenue of ₹247.71 Cr (up 3% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹247.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹204.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹97.69 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82.6% | ||||
| Net Profit Margin | 39.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Faery Estates Private Limited, buy the company report.
Board of directors of Faery Estates Private Limited
Faery Estates has 3 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hooi Pik Ling Also directs: Airoli Itp Development Private Limited, Pune BP Development Private Limited, Adamas Builders Private Limited and 5 more | Director | 13 Sep 2019 | 7 Years 1 Months | As last reported |
| Mohan Muthanna Kudupoje Also directs: Airoli Itp Development Private Limited, Pune BP Development Private Limited, Adamas Builders Private Limited and 1 more | Director | 28 Nov 2018 | 7 Years 11 Months | As last reported |
| Lena Paw | Director | 28 Nov 2018 | 7 Years 11 Months | As last reported |
Peer comparison
Faery Estates Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suncity Buildcon Private Limited | ₹249.26 Cr (FY 2024) | 118.0% | Ahmedabad, Gujarat, India | |||
| Suncity Infrastructures Private Limited | ₹248.79 Cr (FY 2022) | 64.0% | Ahmedabad, Gujarat, India | |||
| Faery Estates Private Limitedthis company | ₹247.71 Cr (FY 2021) | ₹97.69 Cr | 39.4% | 3.0% | Chennai, Tamil Nadu, India | |
| Concorde Housing Corporation Private Limited. | ₹246.14 Cr (FY 2024) | -4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Faery Estates Private Limited, buy the company report.
Auditor
Faery Estates Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2021 | 012754N/N500016 |
Shareholding
The shareholding of Faery Estates Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Faery Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2013 | 10501383 | Axis Bank Limited | ₹220 Cr | Satisfied | |
| 09 Dec 2013 | 10472094 | Indusind Bank | ₹250 Cr | Satisfied | |
| 02 Jul 2007 | 10060029 | Axis Bank Limited | ₹257.43 Cr | Satisfied |
To see the full charge records of Faery Estates Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Faery Estates Private Limited has 2 deals on record (2 acquisitions); the latest was in November 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Acquisition | ₹1,693.98 Cr | Buyer: Mapletree Investment Pte. Ltd. Seller: SPREP Pte Ltd. |
| Jun 2015 | Acquisition | ₹1,400 Cr | Buyer: SPREP Pte Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Faery Estates Private Limited has 25 court cases on record: 16 filed by Faery Estates, 9 filed against it. 1 case is pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 9 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S Edison Enterprises Pvt Ltd1 and 13 others | Disposed |
| High Court, TAMIL NADU | Court case (OSA) | Filed by the company against M/S Edison Enterprises Pvt Ltd1 and 13 others | Disposed |
| High Court, TAMIL NADU | Court case (OSA) | Filed by the company against Srushti Foods P Ltd | Disposed |
| High Court, TAMIL NADU | Original application | Filed by the company against Srushti Foods Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Srushti Foods Pvt Ltd | Disposed |
To see the full case history of Faery Estates 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 Faery Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Faery Estates 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 Faery Estates Private Limited, buy the company report.
Recent activity
Faery Estates Private Limited has 27 board changes on record since 2007: 3 appointments and 24 cessations. The latest: Tan Wee Seng ceased to be Director on 30 Dec 2021.
25 earlier events are in the company report.
Frequently asked questions
Faery Estates has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Faery Estates was a foreign private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 May 1998 and is registered under CIN U70101TN1998FTC134733. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Faery Estates was incorporated on 08 May 1998. It is registered with the Registrar of Companies, Chennai.
Faery Estates had 3 directors:
- Hooi Pik Ling - Director
- Mohan Muthanna Kudupoje - Director
- Lena Paw - Director
The CIN (Corporate Identification Number) of Faery Estates is U70101TN1998FTC134733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Faery Estates is at Global Infocity Park 40 Anna Nedunchalai Kandanchavadi Perungudi, Chennai, Tamil Nadu, India – 600096.
The latest financial statements of Faery Estates on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
No. Faery Estates has 1 GST registration on record and it is cancelled or inactive.
Faery Estates operated in the real estate and construction industry, in the real estate builders and developers segment.
Faery Estates has 2 deals on record (2 acquisitions); the latest was in November 2018.
The peers of Faery Estates by revenue are Suncity Buildcon Private Limited, Suncity Infrastructures Private Limited, Concorde Housing Corporation Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
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