Ideal Devcon Private Limited
About Ideal Devcon Private Limited
Data last updated:
Ideal Devcon Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 11 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2008PTC124001.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sudip Kumar Auddy and Anuj Tulsyan.
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 ₹37.03 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹68.75 Lakh (net margin -185.6%) and EBITDA of ₹23.27 Lakh (EBITDA margin 62.8%).
As per MCA filings, the company has open charges of ₹1,033.83 Cr and satisfied charges of ₹1,010 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ideal Devcon Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address50 Jawarhar Lal Nehru Road 11th Floor, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Ideal Devcon 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 Devcon 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 Devcon Private Limited, buy the company report.
Financials of Ideal Devcon Private Limited
FY 2024 filings availableIdeal Devcon Private Limited reported revenue of ₹37.03 Lakh (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year. EBITDA fell 86% 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 | ₹23.27 Lakh | ||||
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| Net Profit (PAT) | -₹68.75 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 | 62.8% | ||||
| Net Profit Margin | -185.6% | ||||
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To see the full financial statements and ratios of Ideal Devcon Private Limited, buy the company report.
Board of directors of Ideal Devcon Private Limited
Ideal Devcon has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudip Kumar Auddy Also directs: Ideal Carriers & Logistics Private Limited, Ideal Enclave Private Limited, Ideal Estates Pvt Ltd and 5 more | Director | 21 Mar 2015 | 11 Years 7 Months | Current |
| Anuj Tulsyan Also directs: Ideal Aurum Nirman LLP, Himatsingka Infrastructure Private Limited, Ideal Heights Services Private Limited and 5 more | Additional Director | 02 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Ideal Devcon Private Limited is audited by KEDIA & KEDIA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA & KEDIA | FY 2021 | 304039E |
Shareholding
The shareholding of Ideal Devcon 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 Devcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2022 | 100539459 | Yes Bank Limited | ₹650.44 Cr | Open | |
| 25 Aug 2021 | 100481927 | Idbi Trusteeship Services Limited | ₹2.89 Cr | Open | |
| 13 Jan 2020 | 100320305 | Idbi Trusteeship Services Limited | ₹25 Cr | Open | |
| 20 Jun 2018 | 100186975 | Idbi Trusteeship Services Limited | ₹350 Cr | Open | |
| 16 Apr 2014 | 10502097 | Tata Capital Housing Finance Limited | ₹5.5 Cr | Open |
To see the full charge records of Ideal Devcon Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Ideal Devcon Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Yes Bank Limited | Pending |
To see the full case history of Ideal Devcon 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 Devcon 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 Devcon Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ideal Devcon Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Anuj Tulsyan was appointed as Additional Director on 02 Nov 2023.
15 earlier events are in the company report.
Frequently asked questions
Ideal Devcon is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 11 March 2008 (18+ years old) and is registered under CIN U45400WB2008PTC124001.
Ideal Devcon has 2 current directors:
- Sudip Kumar Auddy - Director
- Anuj Tulsyan - Additional Director
The latest financial statements of Ideal Devcon 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 Devcon is U45400WB2008PTC124001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideal Devcon has 4 court cases on record: 4 filed against it. 4 are pending.
Ideal Devcon was incorporated on 11 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Anuj Tulsyan was appointed as Additional Director on 02 Nov 2023. Srawan Kumar Himatsingka ceased to be Director on 02 Nov 2023. Sudip Kumar Auddy ceased to be Additional Director on 30 Sep 2015. Ideal Devcon has 5 board changes on record in total.
The registered office of Ideal Devcon is at 50 Jawarhar Lal Nehru Road 11th Floor, Kolkata, West Bengal, India – 700071.
Ideal Devcon operates in the real estate and construction industry, in the real estate marketing and sales segment.
Ideal Devcon has open charges of ₹1,033.83 Cr and satisfied charges of ₹1,010 Cr as per latest MCA filings.