
Ibrox Estates Private Limited
About Ibrox Estates Private Limited
Data last updated:
Ibrox Estates Private Limited was a foreign private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Niwas Residential & Commercial Properties Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the travel and tour services segment of the transport and logistics sector. It was incorporated on 20 June 1989.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1989FTC052282.
The company had an authorised share capital of ₹6.3 Cr and a paid-up capital of ₹6.3 Cr. It was led by directors Rajesh Parshuram Mayekar and Veera Joy Patel.
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 was at Essar House11 K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2021, the company reported a revenue of ₹18.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.09 Cr (net margin 88.8%) and EBITDA of ₹17.11 Cr (EBITDA margin 94.4%). Revenue has grown at a compounded annual rate (CAGR) of 571% over three years and 299% over five years.
As per MCA filings, the company had satisfied charges of ₹77.5 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
Company details
CIN history
Ibrox Estates has one previous CIN (Corporate Identification Number): U63040MH1989PTC052282. The current CIN is U63040MH1989FTC052282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63040MH1989FTC052282 | Current |
| U63040MH1989PTC052282 | Previous |
Contact details
Ibrox Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressEssar House11 K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Ibrox Estates 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 Ibrox Estates 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 |
To see the full business activity and turnover split of Ibrox Estates Private Limited, buy the company report.
Financials of Ibrox Estates Private Limited
FY 2021 filings availableIbrox Estates Private Limited reported revenue of ₹18.11 Cr (up 17464% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 299% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.09 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.4% | ||||
| Net Profit Margin | 88.8% | ||||
| 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 Ibrox Estates Private Limited, buy the company report.
Board of directors of Ibrox Estates Private Limited
Ibrox Estates has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Parshuram Mayekar Also directs: Edwell Park Properties and Networks Private Limited, Bhargava Estates Private Limited, Essar House Private Limited and 2 more | Director | 23 Aug 2018 | 8 Years 2 Months | As last reported |
| Veera Joy Patel Also directs: Edwell Park Properties and Networks Private Limited, Bhargava Estates Private Limited, Essar House Private Limited and 2 more | Director | 23 Aug 2018 | 8 Years 2 Months | As last reported |
Auditor
Ibrox Estates Private Limited is audited by N K R & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & CO | FY 2020 | 127820W |
Shareholding
The shareholding of Ibrox Estates Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ibrox Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2014 | 10504178 | Ing Vysya Bank Limited | ₹15 Cr | Satisfied | |
| 13 Jun 2013 | 10431134 | Edelweiss Housing Finance Limited | ₹13 Cr | Satisfied | |
| 13 Jun 2013 | 10431180 | Ecl Finance Limited | ₹17 Cr | Satisfied | |
| 12 May 1998 | 90220307 | Global Trust Bank Ltd. | ₹22.5 Cr | Satisfied | |
| 11 Apr 1996 | 90220230 | Times Bank Ltd. | ₹10 Cr | Satisfied |
To see the full charge records of Ibrox Estates Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ibrox Estates Private Limited has 5 court cases on record: 5 filed by Ibrox Estates. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Hill Properties Ltd and Ors | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Hill Properties Limited and 2 others | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Hill Properties Private Limited and Ors. | Disposed |
To see the full case history of Ibrox Estates 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 Ibrox Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ibrox Estates Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ibrox Estates Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Devdas Lakkanna Shetty ceased to be Director on 24 Sep 2018.
13 earlier events are in the company report.
Frequently asked questions
Ibrox Estates has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ibrox Estates was a foreign private limited company based in Mumbai, Maharashtra, India. The company worked in travel and tour services, within the transport and logistics industry. It was incorporated on 20 June 1989 and is registered under CIN U63040MH1989FTC052282. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ibrox Estates was incorporated on 20 June 1989. It is registered with the Registrar of Companies, Mumbai.
Ibrox Estates had 2 directors:
- Rajesh Parshuram Mayekar - Director
- Veera Joy Patel - Director
The CIN (Corporate Identification Number) of Ibrox Estates is U63040MH1989FTC052282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ibrox Estates is at Essar House11 K Marg Mahalaxmi, Mumbai, Maharashtra, India – 400034.
The latest financial statements of Ibrox Estates 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.
Ibrox Estates operated in the transport and logistics industry, in the travel and tour services segment.
Ibrox Estates has 5 court cases on record: 5 filed by the company. Most are in the district courts.
Devdas Lakkanna Shetty ceased to be Director on 24 Sep 2018. Vishwanathan Kannan ceased to be Director on 24 Sep 2018. Rajesh Parshuram Mayekar ceased to be Additional Director on 18 Sep 2018. Ibrox Estates has 11 board changes on record in total.

