Horizon Dream Homes Private Limited
About Horizon Dream Homes Private Limited
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Horizon Dream Homes 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 16 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2009PTC194133. Its GSTIN is 27AACCH2442L1ZK (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43.1 Lakh. It is led by directors Dhiren Vinay Chheda and Nishad Anil Todankar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹20.54 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.55 Lakh (net margin -7.5%) and EBITDA of ₹1.1 Cr. Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
As per MCA filings, the company has open charges of ₹9.8 Cr on record. Court records list 28 cases involving the company, including 2 filed by the company and 26 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Horizon Dream Homes Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5002 A – Wing Cts No – 20 20/1 To 5 & 24 24/1 To 25 25/A, 25/A/1 Mamladtar Wadi Liberty Garden Malad – West, Mumbai, Maharashtra, India – 400064
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Horizon Dream Homes 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 Horizon Dream Homes 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 Horizon Dream Homes Private Limited, buy the company report.
Financials of Horizon Dream Homes Private Limited
FY 2021 filings availableHorizon Dream Homes Private Limited reported revenue of ₹20.54 Lakh (up 490% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 490% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 74%. EBITDA rose 749% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹20.54 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.1 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.55 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 | ||||
| Net Profit Margin | -7.5% | |||
| 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 Horizon Dream Homes Private Limited, buy the company report.
Board of directors of Horizon Dream Homes Private Limited
Horizon Dream Homes has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiren Vinay Chheda | Director | 16 Jul 2009 | 17 Years 3 Months | Current |
| Nishad Anil Todankar | Director | 31 Dec 2009 | 16 Years 10 Months | Current |
Peer comparison
Horizon Dream Homes 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 |
|---|---|---|---|---|---|---|
| M.N. Singha Promoters Private Limited | ₹20.54 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Horizon Dream Homes Private Limitedthis company | ₹20.54 Lakh (FY 2018) | -₹1.55 Lakh | -7.5% | 490.0% | Mumbai, Maharashtra, India | |
| GDB Construction & Developers Private Limited | ₹20.53 Lakh (FY 2021) | -85.0% | Kolkata, West Bengal, India | |||
| Common Wealth Developers Limited | ₹20.51 Lakh (FY 2022) | 62.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Horizon Dream Homes Private Limited, buy the company report.
Auditor
Horizon Dream Homes Private Limited is audited by N M ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N M ASSOCIATES | FY 2018 | 106745W |
Shareholding
The shareholding of Horizon Dream Homes Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Horizon Dream Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2012 | 10601263 | Bank of Maharashtra | ₹9.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Horizon Dream Homes Private Limited has 28 court cases on record: 2 filed by Horizon Dream Homes, 26 filed against it. 3 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 20 | 3 |
| District courts | 6 | 6 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Court case (CONP) | Filed against the company by individuals | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed by the company against individuals | Disposed |
To see the full case history of Horizon Dream Homes 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.
Credit ratings & regulatory alerts
Horizon Dream Homes Private Limited was last rated by Icra on 11 Feb 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Feb 2015 |
To see the full credit ratings and regulatory alerts of Horizon Dream Homes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Horizon Dream Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Horizon Dream Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH2442L1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horizon Dream Homes Private Limited, buy the company report.
Recent activity
Horizon Dream Homes Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Amit Chandulal Punjabi ceased to be Director on 30 Jun 2021.
Frequently asked questions
Horizon Dream Homes 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 16 July 2009 (17+ years old) and is registered under CIN U45202MH2009PTC194133.
Horizon Dream Homes has 2 current directors:
- Dhiren Vinay Chheda - Director
- Nishad Anil Todankar - Director
The latest financial statements of Horizon Dream Homes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Horizon Dream Homes is 27AACCH2442L1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Horizon Dream Homes is U45202MH2009PTC194133. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Dream Homes has 28 court cases on record: 2 filed by the company and 26 filed against it. 3 are pending. Most are in the high courts.
Horizon Dream Homes was incorporated on 16 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Horizon Dream Homes by revenue are M.N. Singha Promoters Private Limited, GDB Construction & Developers Private Limited, Common Wealth Developers Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Amit Chandulal Punjabi ceased to be Director on 30 Jun 2021. Murtuza Yusufali Arsiwala ceased to be Director on 09 Jun 2012. Nishad Anil Todankar was appointed as Director on 31 Dec 2009. Horizon Dream Homes has 4 board changes on record in total.
The registered office of Horizon Dream Homes is at 5002 A – Wing Cts No – 20 201 To 5 & 24 241 To 25 25A, 25A1 Mamladtar Wadi Liberty Garden Malad – West, Mumbai, Maharashtra, India – 400064.
Horizon Dream Homes operates in the real estate and construction industry, in the real estate builders and developers segment.
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