About Hem Infrastructure and Property Developers Private Limited
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Hem Infrastructure and Property Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Peninsula Holdings And Investments Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 February 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2006PTC160048.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors including Bhagwandas Ramchandra Bhattad and Nandan Ashok Piramal.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1401 Tower B 14th Floor Peninsula Business Park, Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013.
As per MCA filings, the company has open charges of ₹450 Cr on record. Court records list 5 cases involving the company, including 5 filed against it. The company has 1 deal on record (1 acquisition); the latest was in March 2018. The company has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is peninsula.co.in.
Company details
Contact details
Hem Infrastructure and Property Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is peninsula.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1401 Tower B 14th Floor Peninsula Business Park, Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hem Infrastructure and Property 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 Hem Infrastructure and Property Developers Private Limited
FY 2024 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Hem Infrastructure and Property Developers Private Limited, buy the company report.
Board of directors of Hem Infrastructure and Property Developers Private Limited
Hem Infrastructure and Property Developers has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwandas Ramchandra Bhattad Also directs: RMB Event Infrastructure LLP, Bhattad Agri Private Limited, Bhattad Development Private Limited and 5 more | Director | 23 Mar 2018 | 8 Years 7 Months | As last reported |
| Nandan Ashok Piramal | Director | 05 Mar 2015 | 11 Years 8 Months | As last reported |
| Rajeev Ashok Piramal Also directs: Westgate Real Estate Developers LLP, Eastgate Real Estate Developers LLP, Bridgeview Real Estate Development LLP and 5 more | Director | 21 Mar 2013 | 13 Years 7 Months | As last reported |
| Rajesh Jhunjhunwala Also directs: Vikram Boards & Papers Pvt Ltd | Irp/Rp/Liquidator | 23 Jul 2025 | 1 Years 3 Months | As last reported |
Auditor
Hem Infrastructure and Property Developers Private Limited is audited by D. Dadheech & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. Dadheech & Co. | FY 2023 | 101981W |
Shareholding
The shareholding of Hem Infrastructure and Property Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
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To see the full shareholding pattern of Hem Infrastructure and Property Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2017 | 100113957 | Others | ₹200 Cr | Open | |
| 27 Sep 2012 | 10382723 | Housing Development Finance Corporation Limited | ₹250 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Hem Infrastructure and Property Developers Private Limited has 1 deal on record (1 acquisition); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Acquisition | ₹14.32 Cr | Buyer: Peninsula Land Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hem Infrastructure and Property Developers Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by JM Financial Credit Solutions Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by JM Financial Credit Solutions Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by JM Financial Solutions Limited Credit Solutions Limited | Disposed |
| Supreme Court | Court case | Filed against the company by Income Tax Officer 14(2)(1) Mumbai | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by JM Financial Credit Solutions Pvt Ltd | Disposed |
To see the full case history of Hem Infrastructure and Property 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
Hem Infrastructure and Property Developers Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Haren Sanghvi & Associates |
To see the full MSME payment records of Hem Infrastructure and Property Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Hem Infrastructure and Property Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hem Infrastructure and Property Developers Private Limited has 16 board changes on record since 2007: 4 appointments and 12 cessations. The latest: Rajesh Jhunjhunwala was appointed as Irp/Rp/Liquidator on 23 Jul 2025.
9 earlier events are in the company report.
Frequently asked questions
Hem Infrastructure and Property Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Hem Infrastructure and Property Developers is a company under insolvency, 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 27 February 2006 and is registered under CIN U45200MH2006PTC160048. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Hem Infrastructure and Property Developers has 4 current directors:
- Bhagwandas Ramchandra Bhattad - Director
- Nandan Ashok Piramal - Director
- Rajeev Ashok Piramal - Director
- Rajesh Jhunjhunwala - Irp/Rp/Liquidator
The latest financial statements of Hem Infrastructure and Property Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hem Infrastructure and Property Developers is U45200MH2006PTC160048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hem Infrastructure and Property Developers has open charges of ₹450 Cr and no satisfied charges on record as per latest MCA filings.
Hem Infrastructure and Property Developers has 5 court cases on record: 5 filed against it. Most are in the district courts.
Hem Infrastructure and Property Developers was incorporated on 27 February 2006. It is registered with the Registrar of Companies, Mumbai.
Hem Infrastructure and Property Developers has 1 deal on record (1 acquisition); the latest was in March 2018.
Rajesh Jhunjhunwala was appointed as Irp/Rp/Liquidator on 23 Jul 2025. Shardul Arvind Doshi ceased to be Additional Director on 02 Sep 2019. Mahesh Shrikrishna Gupta ceased to be Director on 10 Sep 2018. Hem Infrastructure and Property Developers has 16 board changes on record in total.
Hem Infrastructure and Property Developers has 1 MSME Form 1 return on record for the period ending Sep 2020, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 10 Dec 2020.
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