About Ideal Abasan Private Limited
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Ideal Abasan Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2008PTC130470.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kishan Kumar Damani and Sudip Kumar Auddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 50 Jawarhar Lal Nehru Road 11th Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.23 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹3.89 Lakh (net margin 27.3%) and EBITDA of ₹33.58 Lakh (EBITDA margin 236%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
As per MCA filings, the company has open charges of ₹1,034.33 Cr and satisfied charges of ₹995 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideal.in.
Company details
Contact details
Ideal Abasan Private Limited's registered office is in Kolkata, West Bengal. Its website is ideal.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address50 Jawarhar Lal Nehru Road 11th Floor, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ideal Abasan 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 Ideal Abasan is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Ideal Abasan Private Limited, buy the company report.
Financials of Ideal Abasan Private Limited
FY 2024 filings availableIdeal Abasan Private Limited reported revenue of ₹14.23 Lakh (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹33.58 Lakh | ||||
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| Net Profit (PAT) | ₹3.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 236% | ||||
| Net Profit Margin | 27.3% | ||||
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To see the full financial statements and ratios of Ideal Abasan Private Limited, buy the company report.
Board of directors of Ideal Abasan Private Limited
Ideal Abasan has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Kumar Damani Also directs: Ideal Rice Projects Private Limited, Ideal Realcon Private Limited, Ideal Silverline Buildcon Private Limited and 5 more | Director | 21 Mar 2015 | 11 Years 7 Months | Current |
| Sudip Kumar Auddy Also directs: Ideal Awas Private Limited, Ideal Marrygold Highrise Private Limited, Ideal Orchid Nirman Private Limited and 5 more | Director | 21 Mar 2015 | 11 Years 7 Months | Current |
| Aashish Debnath Also directs: Ideal Rice Projects Private Limited, Ideal Realcon Private Limited, Ideal Silverline Buildcon Private Limited and 5 more | Director | 20 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Ideal Abasan Private Limited is audited by P N R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N R & ASSOCIATES | FY 2021 | 329373E |
Shareholding
The shareholding of Ideal Abasan Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ideal Abasan Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2022 | 100538326 | Yes Bank Limited | ₹650.44 Cr | Open | |
| 25 Aug 2021 | 100483446 | Idbi Trusteeship Services Limited | ₹2.89 Cr | Open | |
| 13 Jan 2020 | 100320293 | Idbi Trusteeship Services Limited | ₹25 Cr | Open | |
| 20 Jun 2018 | 100186969 | Idbi Trusteeship Services Limited | ₹350 Cr | Open | |
| 30 Aug 2017 | 100308114 | Others | ₹4 Cr | Open |
To see the full charge records of Ideal Abasan Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Ideal Abasan Private Limited has 3 court cases on record: 2 filed by Ideal Abasan, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Appeal | Filed by the company against an individual | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Ideal Abasan 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 Ideal Abasan 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 Ideal Abasan Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ideal Abasan Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Aashish Debnath was appointed as Director on 20 Jul 2024.
15 earlier events are in the company report.
News
Frequently asked questions
Ideal Abasan is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 November 2008 (18+ years old) and is registered under CIN U45400WB2008PTC130470.
Ideal Abasan has 3 current directors:
- Kishan Kumar Damani - Director
- Sudip Kumar Auddy - Director
- Aashish Debnath - Director
The latest financial statements of Ideal Abasan on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ideal Abasan is U45400WB2008PTC130470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Abasan has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending.
Ideal Abasan was incorporated on 11 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Aashish Debnath was appointed as Director on 20 Jul 2024. Kishan Kumar Damani ceased to be Additional Director on 30 Sep 2015. Sudip Kumar Auddy ceased to be Additional Director on 30 Sep 2015. Ideal Abasan has 7 board changes on record in total.
Ideal Abasan can be reached through the website ideal.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Ideal Abasan is at 50 Jawarhar Lal Nehru Road 11th Floor, Kolkata, West Bengal, India – 700071.
Ideal Abasan operates in the real estate and construction industry, in the real estate builders and developers segment.