About Heera Construction Company Private Limited
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Heera Construction Company Private Limited is a private limited company based in Goa, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U45201GA1991PTC001114. Its GSTIN is 32AAACH5125Q1ZJ (Kerala).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It was formerly known as Heera Construction Private Limited. It is led by directors Tiju Varghese Chacko (Managing Director) and Kuttiparampil Varghese Chacko.
Its last annual general meeting (AGM) was held on 28 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at City Centre 113 Patto Plaza Panaji, Goa, India – 403001.
As per the financials filed for FY 2015, the company reported a revenue of ₹126.24 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹5.78 Cr (net margin 4.6%) and EBITDA of ₹24.57 Cr (EBITDA margin 19.5%).
The company has about 35 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Heera Homes. As per MCA filings, the company has open charges of ₹182.5 Cr and satisfied charges of ₹30.72 Cr on record. Court records list 140 cases involving the company, including 56 filed by the company and 86 filed against it; 38 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.8 Cr; the latest was in March 2014. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Bhavya Elitehomes India Private Limited with revenue of ₹126.88 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website heeragroup.com.
Company details
CIN history
Heera Construction Company has one previous CIN (Corporate Identification Number): U45201GA1991PLC001114. The current CIN is U45201GA1991PTC001114, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GA1991PTC001114 | Current |
| U45201GA1991PLC001114 | Previous |
Contact details
Heera Construction Company Private Limited's registered office is in Goa. Its website is heeragroup.com.
- Website
- Registered AddressCity Centre 113 Patto Plaza Panaji, Goa, India – 403001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
Brands
Heera Construction Company operates one associated brand: Heera Homes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed in India. | heeragroup.com |
Business activity
The main business activity of Heera Construction Company 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 |
To see the full business activity and turnover split of Heera Construction Company Private Limited, buy the company report.
Financials of Heera Construction Company Private Limited
FY 2015 filings availableHeera Construction Company Private Limited reported revenue of ₹126.24 Cr (down 18% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. EBITDA fell 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹126.24 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹24.57 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹5.78 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 19.5% |
| Net Profit Margin | 4.6% |
| 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 Heera Construction Company Private Limited, buy the company report.
Board of directors of Heera Construction Company Private Limited
Heera Construction Company has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tiju Varghese Chacko Also directs: Royalheights Projects Private Limited, Itma Hotels India Private Limited, Identity Dwellings Private Limited and 5 more | Managing Director | 06 Sep 2023 | 3 Years 2 Months | Current |
| Kuttiparampil Varghese Chacko Also directs: Royalheights Projects Private Limited, Itma Hotels India Private Limited, Identity Dwellings Private Limited and 2 more | Additional Director | 31 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Heera Construction Company 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhavya Elitehomes India Private Limited | ₹126.88 Cr (FY 2025) | 11638.0% | Hyderabad, Telangana, India | |||
| Goyal and Co.(Const.) Private Limited | ₹126.43 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Heera Construction Company Private Limitedthis company | ₹126.24 Cr (FY 2015) | ₹5.78 Cr | 4.6% | -18.0% | 35 | Goa, India |
| Lavasa Corporation Limited | ₹126.1 Cr (FY 2017) | -58.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Heera Construction Company Private Limited, buy the company report.
Auditor
Heera Construction Company Private Limited is audited by R K PIKALE & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K PIKALE & CO | FY 2015 | 107919W |
Shareholding
The shareholding of Heera Construction Company Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Heera Construction Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2015 | 10559287 | Ifci Limited | ₹50 Cr | Open | |
| 12 Mar 2014 | 10494556 | Tata Capital Housing Finance Limited | ₹16.5 Cr | Open | |
| 23 Dec 2013 | 10470941 | State Bank of Travancore | ₹15 Cr | Open | |
| 20 Nov 2013 | 10466456 | Indian Overseas Bank | ₹20 Cr | Open | |
| 20 Mar 2013 | 10412824 | Kerala Financial Corporation | ₹15 Cr | Open |
To see the full charge records of Heera Construction Company Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Heera Construction Company Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.8 Cr; the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹7 Cr | Investors: 4 individuals |
| Mar 2008 | Funding round | ₹79.9 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Heera Construction Company Private Limited has 140 court cases on record: 56 filed by Heera Construction Company, 86 filed against it. 38 cases are pending and 102 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 33 | 17 |
| District courts | 57 | 49 | 20 |
| Supreme Court | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 140)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against M/S. Royal Heights Projects Private Limited and 1 other | Pending |
| High Court | Revision petition | Filed by the company against Ifci Ltd and 1 other | Pending |
| Bombay High Court | Court case (COMEX) | Filed against the company by Tata Capital Housing Finance Limited | Pending |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by Subin Abdul Rasheed, Director, M/S Heera Construction Co. Pvt. Ltd. | Pending |
| Bombay High Court | Court case (N) | Filed against the company by Tata Capital Housing Finance Limited | Pending |
To see the full case history of Heera Construction Company 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 Heera Construction Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Heera Construction Company has 2 subsidiary companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Heera Life Style Private Limite | U45200KL2012PTC031314 | |
| Heera Life Style Private Limited | U45200KL2012PTC031314 |
To see the full group structure of Heera Construction Company Private Limited, buy the company report.
Employees & EPFO
Heera Construction Company Private Limited has a workforce of 35 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Heera Construction Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACH5125Q1ZJ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Heera Construction Company Private Limited, buy the company report.
Recent activity
Heera Construction Company Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Kuttiparambil Varghese Abraham ceased to be Additional Director on 31 May 2024.
30 earlier events are in the company report.
Frequently asked questions
Heera Construction Company is an active private limited company based in Goa, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 February 1991 (35+ years old) and is registered under CIN U45201GA1991PTC001114.
Heera Construction Company has 2 current directors:
- Tiju Varghese Chacko - Managing Director
- Kuttiparampil Varghese Chacko - Additional Director
The latest financial statements of Heera Construction Company on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 28 September 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Heera Construction Company is 32AAACH5125Q1ZJ, registered in Kerala.
The CIN (Corporate Identification Number) of Heera Construction Company is U45201GA1991PTC001114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heera Construction Company has 140 court cases on record: 56 filed by the company and 86 filed against it. 38 are pending. Most are in the high courts.
Heera Construction Company was incorporated on 04 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Goa.
Heera Construction Company has 2 deals on record (2 funding rounds), with disclosed funding of ₹7.8 Cr; the latest was in March 2014.
The peers of Heera Construction Company by revenue are Bhavya Elitehomes India Private Limited, Goyal and Co.(Const.) Private Limited, Lavasa Corporation Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kuttiparambil Varghese Abraham ceased to be Additional Director on 31 May 2024. Kuttiparampil Varghese Chacko was appointed as Additional Director on 31 May 2024. Abdul Rasheed Aliyaru Kunju ceased to be Managing Director on 27 Nov 2023. Heera Construction Company has 9 board changes on record in total.
Heera Construction Company can be reached through the website heeragroup.com. Its registered office is in Goa, India.
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