Immediate Real Estate Private Limited
About Immediate Real Estate Private Limited
Data last updated:
Immediate Real Estate Private Limited is a private limited company based in Mumbai, Maharashtra, India. 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 09 June 2015.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2015PTC265366.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anand Shankar Tedginkeri and Javed Abdul Kadir Shaikh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at F/40 1st Floor Raghuleela Mega Mall Nr Poisar Bus Depot Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2018, the company reported a revenue of ₹90 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹41.94 Lakh (net margin -46.6%) and EBITDA of ₹48.06 Lakh (EBITDA margin 53.4%).
As per MCA filings, the company has open charges of ₹580 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 3 cases are pending.
Company details
Contact details
Immediate Real Estate Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF/40 1st Floor Raghuleela Mega Mall Nr Poisar Bus Depot Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Immediate Real Estate 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 Immediate Real Estate Private Limited
FY 2018 filings availableImmediate Real Estate Private Limited reported revenue of ₹90 Lakh (up 51% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 51% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹90 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹48.06 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹41.94 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 53.4% | ||
| Net Profit Margin | -46.6% | ||
| 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 Immediate Real Estate Private Limited, buy the company report.
Board of directors of Immediate Real Estate Private Limited
Immediate Real Estate has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Shankar Tedginkeri Also directs: Aneri Industries Limited, Gagann Polyplast Limited, Kil Infrastructures Limited and 4 more | Additional Director | 01 Jan 2020 | 6 Years 9 Months | As last reported |
| Javed Abdul Kadir Shaikh Also directs: Aneri Industries Limited, Gagann Polyplast Limited, Kil Infrastructures Limited and 4 more | Additional Director | 02 Jan 2020 | 6 Years 9 Months | As last reported |
Peer comparison
Immediate Real Estate Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| App Henry Private Limited | ₹90.03 Lakh (FY 2024) | 1515.0% | Ranchi, Jharkhand, India | |||
| Annai Golden Builders Private Limited | ₹90.03 Lakh (FY 2025) | 40.0% | Tuticorin, Tamil Nadu, India | |||
| Tangerime Villa Private Limited | ₹90.02 Lakh (FY 2025) | 13583.0% | Kolkata, West Bengal, India | |||
| Crystal Propcon Private Limited | ₹90.02 Lakh (FY 2025) | 93.0% | New Delhi, Delhi, India | |||
| Rahul Buildtech Private Limited | ₹90 Lakh (FY 2025) | -44.0% | Delhi, India | |||
| Immediate Real Estate Private Limitedthis company | ₹90 Lakh (FY 2018) | -₹41.94 Lakh | -46.6% | 51.0% | Mumbai, Maharashtra, India | |
| Heron Developers Private Limited | ₹90 Lakh (FY 2022) | -87.0% | Mumbai, Maharashtra, India | |||
| Ssparc Builders Private Limited | ₹90 Lakh (FY 2024) | Delhi, India | ||||
| Presido Land Developers Private Limited | ₹90 Lakh (FY 2024) | 803571350.0% | Kolkata, West Bengal, India | |||
| Tanisha Buildcon Private Limited | ₹90 Lakh (FY 2023) | 877.0% | Indore, Madhya Pradesh, India | |||
| Glowstar Marketing Private Limited | ₹90 Lakh (FY 2025) | 20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Immediate Real Estate Private Limited, buy the company report.
Auditor
Immediate Real Estate Private Limited is audited by BANSAL BANSAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL BANSAL & CO | FY 2018 | 100986W |
Shareholding
The shareholding of Immediate Real Estate Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Immediate Real Estate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2016 | 100046015 | Others | ₹580 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Immediate Real Estate Private Limited has 8 court cases on record: 8 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 2 | 2 | 2 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by 63 Moons Technologies Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by 63 Moons Technologies Limited | Disposed |
| District court, Central, Delhi | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Dy. Registrar of Companies | Pending |
To see the full case history of Immediate Real Estate 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 Immediate Real Estate 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 Immediate Real Estate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Immediate Real Estate Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Mohammad Ayub Nasim Ansari ceased to be Director on 11 Feb 2020.
4 earlier events are in the company report.
Frequently asked questions
Immediate Real Estate 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.
Immediate Real Estate 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 09 June 2015 and is registered under CIN U70102MH2015PTC265366. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Immediate Real Estate has 2 current directors:
- Anand Shankar Tedginkeri - Additional Director
- Javed Abdul Kadir Shaikh - Additional Director
The latest financial statements of Immediate Real Estate on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Immediate Real Estate is U70102MH2015PTC265366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Immediate Real Estate has open charges of ₹580 Cr and no satisfied charges on record as per latest MCA filings.
Immediate Real Estate has 8 court cases on record: 8 filed against it. 3 are pending. Most are in the high courts.
Immediate Real Estate was incorporated on 09 June 2015. It is registered with the Registrar of Companies, Mumbai.
The peers of Immediate Real Estate by revenue are App Henry Private Limited, Annai Golden Builders Private Limited, Tangerime Villa Private Limited, Crystal Propcon Private Limited, Rahul Buildtech Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Mohammad Ayub Nasim Ansari ceased to be Director on 11 Feb 2020. Vinayak Kashinath Bijam ceased to be Director on 11 Feb 2020. Anand Shankar Tedginkeri ceased to be Additional Director on 04 Feb 2020. Immediate Real Estate has 12 board changes on record in total.
The registered office of Immediate Real Estate is at F40 1st Floor Raghuleela Mega Mall Nr Poisar Bus Depot Kandivali West, Mumbai, Maharashtra, India – 400067.