Halitious Developer Limited
About Halitious Developer Limited
Data last updated:
Halitious Developer Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hubtown 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 01 August 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2007PLC172784. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Halitious Warehousing Limited and Ackruti Warehousing Limited. It was led by directors including Khilen Vyomesh Shah and Kushal Hemant Shah.
Its last annual general meeting (AGM) was held on 17 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹23,263, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹6.72 Lakh and EBITDA of -₹1.02 Lakh (EBITDA margin -437.6%). Revenue has grown at a compounded annual rate (CAGR) of 229% over three years.
As per MCA filings, the company had satisfied charges of ₹27.18 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
Name history
Halitious Developer has undergone 3 name changes throughout its history. The company was previously known as Halitious Warehousing Limited, Ackruti Warehousing Limited, and Akruti Warehousing Limited. The current legal name is Halitious Developer Limited.
| Company Name | Status |
|---|---|
| Halitious Developer Limited | Current |
| Halitious Warehousing Limited | Previous |
| Ackruti Warehousing Limited | Previous |
| Akruti Warehousing Limited | Previous |
CIN history
Halitious Developer has one previous CIN (Corporate Identification Number): U74999MH2007PLC172784. The current CIN is U70101MH2007PLC172784, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH2007PLC172784 | Current |
| U74999MH2007PLC172784 | Previous |
Contact details
Halitious Developer Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri (E), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Halitious Developer 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 Halitious Developer 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 |
Financials of Halitious Developer Limited
FY 2019 filings availableHalitious Developer Limited reported revenue of ₹23,263 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 229% over three years. EBITDA fell 101% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.02 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹6.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -437.6% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Halitious Developer Limited, buy the company report.
Board of directors of Halitious Developer Limited
Halitious Developer has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khilen Vyomesh Shah Also directs: Camwood Mercantile LLP, Aradhana Lifespace LLP, MVSR Developers and Trading LLP and 5 more | Director | 23 Jan 2012 | 14 Years 9 Months | As last reported |
| Kushal Hemant Shah Also directs: Camwood Mercantile LLP, Aradhana Lifespace LLP, MVSR Developers and Trading LLP and 5 more | Director | 12 Mar 2015 | 11 Years 7 Months | As last reported |
| Nishith Bhupatrai Shah Also directs: Immortal Trading Private Limited | Director | 01 Apr 2019 | 7 Years 6 Months | As last reported |
Auditor
Halitious Developer Limited is audited by SANKET R SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKET R SHAH & ASSOCIATES | FY 2017 | 135703W |
Shareholding
The shareholding of Halitious Developer Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Halitious Developer Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2009 | 10184151 | Dena Bank | ₹24 Cr | Satisfied | |
| 30 Aug 2008 | 10124594 | Union Bank of India | ₹3.18 Cr | Satisfied |
To see the full charge records of Halitious Developer Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Halitious Developer Limited has 3 court cases on record: 3 filed by Halitious Developer. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against Lakshmi Vilas Bank Ltd. | Pending |
| Bombay High Court | Court case (S) | Filed by the company against Laxmi Vilas Bank Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Laxmi Vilas Bank Ltd. | Disposed |
To see the full case history of Halitious Developer 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 Halitious Developer Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Halitious Developer has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Halitious Developer Limited, buy the company report.
Recent activity
Halitious Developer Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Nishith Bhupatrai Shah ceased to be Additional Director on 17 Sep 2019.
7 earlier events are in the company report.
Frequently asked questions
Halitious Developer 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.
Halitious Developer was a public 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 01 August 2007 and is registered under CIN U70101MH2007PLC172784. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Halitious Developer was incorporated on 01 August 2007. It is registered with the Registrar of Companies, Mumbai.
Halitious Developer had 3 directors:
- Khilen Vyomesh Shah - Director
- Kushal Hemant Shah - Director
- Nishith Bhupatrai Shah - Director
The CIN (Corporate Identification Number) of Halitious Developer is U70101MH2007PLC172784. 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 Halitious Developer is at Unit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri E, Mumbai, Maharashtra, India – 400093.
The latest financial statements of Halitious Developer on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 17 September 2019. Year-wise statements from 2015 are in the company report.
No. Halitious Developer has 2 GST registrations on record and all of them are cancelled or inactive.
Halitious Developer operated in the real estate and construction industry, in the real estate builders and developers segment.
Halitious Developer has 3 court cases on record: 3 filed by the company. 1 is pending.