About Hara Estates and Capital Private Limited
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Hara Estates and Capital Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 December 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1994PTC083767. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.86 Cr.
Its last annual general meeting (AGM) was held on 05 May 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 602 Janki Centre Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2018, the company reported a revenue of ₹55.48 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹91.68 Lakh (net margin -165.2%) and EBITDA of -₹45.62 Lakh (EBITDA margin -82.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has satisfied charges of ₹3.85 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The last known website on record is haraestates.com.
Company details
Contact details
Hara Estates and Capital Private Limited's registered office is in Mumbai, Maharashtra. Its website is haraestates.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address602 Janki Centre Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hara Estates and Capital 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 Hara Estates and Capital 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 |
Financials of Hara Estates and Capital Private Limited
FY 2018 filings availableHara Estates and Capital Private Limited reported revenue of ₹55.48 Lakh (up 30% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 43%. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹55.48 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹45.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹91.68 Lakh | |||
| 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 | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -82.2% | |||
| Net Profit Margin | -165.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 Hara Estates and Capital Private Limited, buy the company report.
Board of directors of Hara Estates and Capital Private Limited
Hara Estates and Capital has 6 former directors on record and no current directors listed.
Auditor
Hara Estates and Capital Private Limited is audited by JOY DALIA & CO. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOY DALIA & CO. | FY 2018 | 104460W |
Shareholding
The shareholding of Hara Estates and Capital Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hara Estates and Capital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2011 | 10264612 | Kotak Mahindra Bank Limited | ₹3 Cr | Satisfied | |
| 28 Jun 2006 | 10008905 | Icici Bank Ltd | ₹85 Lakh | Satisfied |
To see the full charge records of Hara Estates and Capital Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hara Estates and Capital Private Limited has 3 court cases on record: 1 filed by Hara Estates and Capital, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed against the company by Exquisite Buildcon Projects Pvt. Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed by the company against Gitanjali Gems Limited | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Disposed |
To see the full case history of Hara Estates and Capital 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 Hara Estates and Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hara Estates and Capital 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 Hara Estates and Capital Private Limited, buy the company report.
Recent activity
Hara Estates and Capital Private Limited has 6 board changes on record since 2010: 0 appointments and 6 cessations. The latest: Anuraag Ramesh Shah ceased to be Director on 05 Sep 2018.
1 earlier event is in the company report.
Frequently asked questions
Hara Estates and Capital has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Hara Estates and Capital 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 15 December 1994 and is registered under CIN U70101MH1994PTC083767. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Hara Estates and Capital is U70101MH1994PTC083767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hara Estates and Capital was incorporated on 15 December 1994. It is registered with the Registrar of Companies, Mumbai.
Hara Estates and Capital can be reached through the website haraestates.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hara Estates and Capital is at 602 Janki Centre Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400053.
The latest financial statements of Hara Estates and Capital on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 05 May 2018. Year-wise statements from 2015 are in the company report.
No. Hara Estates and Capital has 1 GST registration on record and it is cancelled or inactive.
Hara Estates and Capital operated in the real estate and construction industry, in the real estate builders and developers segment.
Hara Estates and Capital has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
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