Guruashish Construction Private Limited
About Guruashish Construction Private Limited
Data last updated:
Guruashish Construction Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Housing Development And Infrastructure Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 June 2000.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2000PTC126895. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17 Cr. It is led by directors including Rakeshkumar Kuldipsingh Wadhawan and Sarang Rakesh Wadhawan.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per MCA filings, the company has open charges of ₹1,295 Cr on record. Court records list 82 cases involving the company, including 4 filed by the company and 78 filed against it; 47 cases are pending. The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.49 Cr; the latest was in March 2015.
Company details
Contact details
Guruashish Construction Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Siddharth Nagar No. 1 Opp. Siddharth Nagar Post Office Gorega, On (West), Mumbai, Maharashtra, India – 400104
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Guruashish Construction 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 Guruashish Construction 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 Guruashish Construction Private Limited, buy the company report.
Financials of Guruashish Construction Private Limited
FY 2018 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Guruashish Construction Private Limited, buy the company report.
Board of directors of Guruashish Construction Private Limited
Guruashish Construction has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Kuldipsingh Wadhawan | Director | 20 Mar 2007 | 19 Years 7 Months | As last reported |
| Sarang Rakesh Wadhawan Also directs: Privilege Airways Pvt Ltd, Privilege Distilleries Private Limited, Privilege Holding and Investment Private Limited and 2 more | Director | 08 Nov 2011 | 14 Years 11 Months | As last reported |
| Satyajeet Yashwant Hire Also directs: Mackstar Developers LLP, Vijaydurg Ports Private Limited, Privilege Hi-Tech Infrastructure Limited and 5 more | Director | 10 Jun 2015 | 11 Years 4 Months | As last reported |
Auditor
Guruashish Construction Private Limited is audited by THAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAR & CO | FY 2017 | 110958W |
Shareholding
The shareholding of Guruashish Construction Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
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| Others |
To see the full shareholding pattern of Guruashish Construction Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2017 | 100099661 | Punjab and Maharashtra Co-Operative Bank Limited | ₹75 Cr | Open | |
| 26 Sep 2016 | 100067274 | Others | ₹150 Cr | Open | |
| 13 Aug 2015 | 10598825 | Il&Fs Financial Services Limited | ₹155 Cr | Open | |
| 29 Jul 2015 | 10582472 | Idbi Trusteeship Services Limited | ₹500 Cr | Open | |
| 17 Nov 2011 | 10321303 | Il & Fs Trust Company Limited | ₹215 Cr | Open |
To see the full charge records of Guruashish Construction Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Guruashish Construction Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.49 Cr; the latest was in March 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹54 Cr | Investors: Housing Development and Infrastructure Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Housing Development and Infrastructure Limited , Housing Development and Infrastructure Limited & Rakeshkumar Wadhawan Seller: an individual |
| Mar 2010 | Funding round | ₹1.5 Cr | Investors: Housing Development and Infrastructure Limited |
| Aug 2009 | Funding round | ₹5 Cr | Investors: Housing Development and Infrastructure Limited , an individual |
| Jun 2009 | Acquisition | ₹2.5 Cr | Buyer: Housing Development and Infrastructure Limited Seller: an individual |
To see the full deal history of Guruashish Construction Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Guruashish Construction Private Limited has 82 court cases on record: 4 filed by Guruashish Construction, 78 filed against it. 47 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 61 | 60 | 37 |
| District courts | 18 | 15 | 9 |
| NCLAT | 2 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 82)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Unity Small Finance Bank Ltd | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Keyana Estate LLP (Formerly Known As M/S Kiyana Ventures LLP) | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Pinky Skyscrapers Real Estate LLP | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Pinky Skyscrapers Real Estate LLP | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Ekta Everglade Homes Private Limited | Pending |
To see the full case history of Guruashish Construction 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 Guruashish Construction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Guruashish Construction 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 Guruashish Construction Private Limited, buy the company report.
Recent activity
Guruashish Construction Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Hazari Lal ceased to be Director on 24 Jul 2017.
12 earlier events are in the company report.
Frequently asked questions
Guruashish Construction is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Guruashish Construction is a company under liquidation, 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 01 June 2000 and is registered under CIN U45200MH2000PTC126895. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Guruashish Construction has 3 current directors:
- Rakeshkumar Kuldipsingh Wadhawan - Director
- Sarang Rakesh Wadhawan - Director
- Satyajeet Yashwant Hire - Director
The latest financial statements of Guruashish Construction on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Guruashish Construction is U45200MH2000PTC126895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Guruashish Construction has open charges of ₹1,295 Cr and no satisfied charges on record as per latest MCA filings.
Guruashish Construction has 82 court cases on record: 4 filed by the company and 78 filed against it. 47 are pending. Most are in the high courts.
Guruashish Construction was incorporated on 01 June 2000. It is registered with the Registrar of Companies, Mumbai.
Guruashish Construction has 8 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.49 Cr; the latest was in March 2015.
Hazari Lal ceased to be Director on 24 Jul 2017. Sandhya Baliga ceased to be Director on 24 Jul 2017. Satyajeet Yashwant Hire ceased to be Additional Director on 15 Sep 2015. Guruashish Construction has 12 board changes on record in total.