Harichandana Developers Private Limited
About Harichandana Developers Private Limited
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Harichandana Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1995PTC084525. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹42.71 Lakh. It was formerly known as Poppy Developers Private Limited and Poppy Developers Limited. It is led by directors including Monika Agrawal and Deepak Bhagwandas Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 204 Shivai Plaza Marol Maroshi Road Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.84 Lakh. For the same year it recorded a net loss of ₹46.63 Lakh and EBITDA of ₹23.64 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹3.63 Cr and satisfied charges of ₹4 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Harichandana Developers has undergone 4 name changes throughout its history. The current legal name is Harichandana Developers Private Limited.
| Company Name | Status |
|---|---|
| Harichandana Developers Private Limited | Current |
| Poppy Developers Private Limited | Previous |
| Poppy Developers Limited | Previous |
| Kaarshni Developers Private Limited | Previous |
| Poppy Developers Limited | Previous |
CIN history
Harichandana Developers has one previous CIN (Corporate Identification Number): U45200MH1995PLC084525. The current CIN is U45200MH1995PTC084525, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1995PTC084525 | Current |
| U45200MH1995PLC084525 | Previous |
Contact details
Harichandana Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address204 Shivai Plaza Marol Maroshi Road Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Harichandana 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
Financials of Harichandana Developers Private Limited
FY 2023 filings availableHarichandana Developers Private Limited reported revenue of ₹1.84 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years. EBITDA rose 319% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.84 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.63 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 | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Harichandana Developers Private Limited, buy the company report.
Board of directors of Harichandana Developers Private Limited
Harichandana Developers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Agrawal | Director | 18 Dec 2009 | 16 Years 10 Months | Current |
| Deepak Bhagwandas Agrawal | Director | 01 Nov 2006 | 20 Years 0 Months | Current |
| Annapurna Bhagwandas Agrawal Also directs: Kunj Real Estate and Investment Private Limited | Director | 12 Nov 2014 | 11 Years 11 Months | Current |
| Bhagwandas Mohanlal Agrawal | Director | 11 Jan 1995 | 31 Years 9 Months | Current |
Peer comparison
Harichandana Developers 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 (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harichandana Developers Private Limitedthis company | ₹1.84 Lakh (FY 2023) | -₹46.63 Lakh | Mumbai, Maharashtra, India | |||
| Integra Realties Private Linited | ₹1.84 Lakh (FY 2015) | Kandivlai West, Maharashtra, India | ||||
| Erode Property Investments Private Limited | ₹1.84 Lakh (FY 2016) | -1.0% | Coimbatore, Tamil Nadu, India | |||
| Suryansh Realtech Private Limited | ₹1.84 Lakh (FY 2024) | New Delhi, Delhi, India |
To see the full peer comparison of Harichandana Developers Private Limited, buy the company report.
Auditor
Harichandana Developers Private Limited is audited by V. K. GOYAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. K. GOYAL & ASSOCIATES | FY 2023 | 112197W |
Shareholding
The shareholding of Harichandana Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harichandana Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2022 | 100554673 | Others | ₹3.45 Cr | Open | |
| 04 Apr 1995 | 90212644 | Bank of Baroda | ₹18 Lakh | Open | |
| 05 Feb 2007 | 10042570 | Vijaya Bank | ₹4 Cr | Satisfied |
To see the full charge records of Harichandana Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Harichandana Developers Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by individuals | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Bank of Baraoda | Disposed |
To see the full case history of Harichandana 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 Harichandana Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harichandana Developers 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 Harichandana Developers Private Limited, buy the company report.
Recent activity
Harichandana Developers Private Limited has 6 board changes on record since 1995: 4 appointments and 2 cessations. The latest: Annapurna Bhagwandas Agrawal ceased to be Additional Director on 30 Sep 2015.
2 earlier events are in the company report.
Frequently asked questions
Harichandana Developers is an active 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 11 January 1995 (31+ years old) and is registered under CIN U45200MH1995PTC084525.
Harichandana Developers has 4 current directors:
- Monika Agrawal - Director
- Deepak Bhagwandas Agrawal - Director
- Annapurna Bhagwandas Agrawal - Director
- Bhagwandas Mohanlal Agrawal - Director
The latest financial statements of Harichandana Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Harichandana Developers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Harichandana Developers is U45200MH1995PTC084525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harichandana Developers has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the high courts.
Harichandana Developers was incorporated on 11 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Harichandana Developers by revenue are Integra Realties Private Linited, Erode Property Investments Private Limited, Suryansh Realtech Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Annapurna Bhagwandas Agrawal ceased to be Additional Director on 30 Sep 2015. Annapurna Bhagwandas Agrawal was appointed as Director on 12 Nov 2014. Monika Agrawal was appointed as Director on 18 Dec 2009. Harichandana Developers has 6 board changes on record in total.
The registered office of Harichandana Developers is at 204 Shivai Plaza Marol Maroshi Road Andheri East, Mumbai, Maharashtra, India – 400059.
Harichandana Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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