Float Developers Private Limited
About Float Developers Private Limited
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Float Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Nival Developers 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 26 July 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2011PTC220201. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was led by directors Rakesh Kumar Sharma and Narayan Ananthan.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per MCA filings, the company had open charges of ₹415 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.
Company details
Contact details
Float Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPiramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Float 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 Float Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
Financials of Float Developers Private Limited
FY 2016 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Float Developers Private Limited, buy the company report.
Board of directors of Float Developers Private Limited
Float Developers has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Sharma | Director | 17 Dec 2013 | 12 Years 10 Months | As last reported |
| Narayan Ananthan | Director | 17 Dec 2013 | 12 Years 10 Months | As last reported |
Auditor
Float Developers Private Limited is audited by D. Dadheech & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. Dadheech & Co. | FY 2016 |
Shareholding
The shareholding of Float Developers Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Float Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2012 | 10381808 | Housing Development Finance Corporation Limited | ₹415 Cr | Open |
To see the full charge records of Float Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Float Developers Private Limited has 6 court cases on record: 2 filed by Float Developers, 4 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Disposed |
To see the full case history of Float 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 Float Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Float Developers 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 Float Developers Private Limited, buy the company report.
Recent activity
Float Developers Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Sunilkumar Jagdishprasad Adukia ceased to be Director on 07 Nov 2016.
4 earlier events are in the company report.
Frequently asked questions
Float Developers 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.
Float Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 July 2011 and is registered under CIN U70101MH2011PTC220201. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Float Developers was incorporated on 26 July 2011. It is registered with the Registrar of Companies, Mumbai.
Float Developers had 2 directors:
- Rakesh Kumar Sharma - Director
- Narayan Ananthan - Director
The CIN (Corporate Identification Number) of Float Developers is U70101MH2011PTC220201. 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 Float Developers is at Piramal Tower 8th Floor Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
The latest financial statements of Float Developers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
No. Float Developers has 1 GST registration on record and it is cancelled or inactive.
Float Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
Float Developers has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
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