About Faime Makers Private Limited
Data last updated:
Faime Makers Private Limited is a private limited company based in Mumbai, Maharashtra, 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 26 March 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2007PTC169152. Its GSTIN is 27AABCF0786E1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Fairmont Constructions Private Limited. It is led by directors including Abdul Razak Ahmed Chunawala and Pramod Dattaram Rasam (Irp/Rp/Liquidator).
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 201 / 202 Vastu Prestige Near Fame Adlabs Andheri Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2020, the company reported a revenue of ₹18.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.44 Cr (net margin 45.2%) and EBITDA of ₹9.65 Cr (EBITDA margin 51.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 79% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹64.09 Cr and satisfied charges of ₹43 Cr on record. Court records list 39 cases involving the company, including 11 filed by the company and 29 filed against it; 6 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹4.99 Cr; the latest was in March 2010. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Sanmul Construction Private Limited with revenue of ₹18.69 Cr.
The last known website on record is fairmont-constructions.com.
Company details
Contact details
Faime Makers Private Limited's registered office is in Mumbai, Maharashtra. Its website is fairmont-constructions.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address201 / 202 Vastu Prestige Near Fame Adlabs Andheri Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Faime Makers 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 Faime Makers 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 Faime Makers Private Limited, buy the company report.
Financials of Faime Makers Private Limited
FY 2020 filings availableFaime Makers Private Limited reported revenue of ₹18.67 Cr (up 184% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 184% growth in the latest year. EBITDA rose 219% 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 | ₹18.67 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.44 Cr | ||||
| Balance Sheet | |||||
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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 | 51.7% | ||||
| Net Profit Margin | 45.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Faime Makers Private Limited, buy the company report.
Board of directors of Faime Makers Private Limited
Faime Makers has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Razak Ahmed Chunawala | Director | 26 Mar 2007 | 19 Years 7 Months | As last reported |
| Pramod Dattaram Rasam | Irp/Rp/Liquidator | 22 Feb 2024 | 2 Years 8 Months | As last reported |
| Sameer Abdul Razak Chunawala | Director | 26 Mar 2007 | 19 Years 7 Months | As last reported |
| Farook Abdul Razak Chunawala | Director | 26 Mar 2007 | 19 Years 7 Months | As last reported |
| Aarif Abdul Razak Chunawala | Director | 26 Mar 2007 | 19 Years 7 Months | As last reported |
Peer comparison
Faime Makers 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanmul Construction Private Limited | ₹18.69 Cr (FY 2025) | 120.0% | Faridabad, Haryana, India | |||
| Farm Peak India Private Limited | ₹18.68 Cr (FY 2018) | Bangalore, Karnataka, India | ||||
| Faime Makers Private Limitedthis company | ₹18.67 Cr (FY 2020) | ₹8.44 Cr | 45.2% | 184.0% | 1 | Mumbai, Maharashtra, India |
| Naoolin Realcon Private Limited | ₹18.66 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Faime Makers Private Limited, buy the company report.
Auditor
Faime Makers Private Limited is audited by A R SODHA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R SODHA & CO | FY 2020 | 110324W |
Shareholding
The shareholding of Faime Makers Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Faime Makers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2018 | 100241142 | Others | ₹3 Cr | Open | |
| 19 May 2017 | 100114458 | Others | ₹20.1 Cr | Open | |
| 12 Aug 2016 | 100100619 | Others | ₹1 Cr | Open | |
| 20 May 2015 | 10569401 | One Capitall Limited | ₹9.33 Cr | Open | |
| 22 Jan 2015 | 10546233 | Others | ₹5.65 Cr | Open |
To see the full charge records of Faime Makers Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Faime Makers Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹4.99 Cr; the latest was in March 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Funding round | ₹4.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Faime Makers Private Limited has 39 court cases on record: 11 filed by Faime Makers, 29 filed against it. 6 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 14 | 2 |
| High courts | 13 | 8 | 4 |
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against M/S. Kanakadhara Ventures Pvt. Ltd., and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (APPLN) | Filed against the company by LPHP Real Estate Private Limited | Disposed |
| High Court, MAHARASHTRA | Company petition | Filed against the company by LPHP Real Estate Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Faime Makers Private Limited and 1 other | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Faime Makers Pvt Ltd and 1 other | Disposed |
To see the full case history of Faime Makers 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 Faime Makers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Faime Makers Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Faime Makers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF0786E1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Faime Makers Private Limited, buy the company report.
Recent activity
Faime Makers Private Limited has 6 board changes on record since 2007: 5 appointments and 1 cessation. The latest: Pramod Dattaram Rasam was appointed as Irp/Rp/Liquidator on 22 Feb 2024.
7 earlier events are in the company report.
Frequently asked questions
Faime Makers 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.
Faime Makers is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 March 2007 and is registered under CIN U45201MH2007PTC169152. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Faime Makers has 5 current directors:
- Abdul Razak Ahmed Chunawala - Director
- Sameer Abdul Razak Chunawala - Director
- Farook Abdul Razak Chunawala - Director
- Aarif Abdul Razak Chunawala - Director
- Pramod Dattaram Rasam - Irp/Rp/Liquidator
The latest financial statements of Faime Makers 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 Faime Makers is U45201MH2007PTC169152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Faime Makers has open charges of ₹64.09 Cr and satisfied charges of ₹43 Cr as per latest MCA filings.
Faime Makers has 39 court cases on record: 11 filed by the company and 29 filed against it. 6 are pending. Most are in the district courts.
Faime Makers was incorporated on 26 March 2007. It is registered with the Registrar of Companies, Mumbai.
Faime Makers has 1 deal on record (1 funding round), with disclosed funding of ₹4.99 Cr; the latest was in March 2010.
The peers of Faime Makers by revenue are Sanmul Construction Private Limited, Farm Peak India Private Limited, Naoolin Realcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Pramod Dattaram Rasam was appointed as Irp/Rp/Liquidator on 22 Feb 2024. Sunil Baldev Dujari ceased to be Additional Director on 02 Apr 2019. Aarif Abdul Razak Chunawala was appointed as Director on 26 Mar 2007. Faime Makers has 6 board changes on record in total.
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