About Indiabulls Commercial Assets Limited
Data last updated:
Indiabulls Commercial Assets Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Indiabulls Real Estate Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 30 April 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL2011PLC218367.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Indiabulls Commercial Builders Limited. It was led by directors including Satpal Singh and Rajesh Joon.
Its last annual general meeting (AGM) was held on 25 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at M – 62 & 63 First Floor Connaught Place, New Delhi, Delhi, India – 110001.
Its group structure included 1 subsidiary.
The last known website on record is indiabulls.com.
Company details
Contact details
Indiabulls Commercial Assets Limited's registered office is in New Delhi, Delhi. Its website is indiabulls.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 62 & 63 First Floor Connaught Place, New Delhi, Delhi, India – 110001
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Indiabulls Commercial Assets 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 Indiabulls Commercial Assets 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 |
Financials of Indiabulls Commercial Assets Limited
FY 2020 filings availableIndiabulls Commercial Assets Limited reported revenue of ₹5,878 for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three 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
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| Total Revenue | ₹5,878 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Indiabulls Commercial Assets Limited, buy the company report.
Board of directors of Indiabulls Commercial Assets Limited
Indiabulls Commercial Assets has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satpal Singh | Director | 28 Mar 2016 | 10 Years 7 Months | As last reported |
| Rajesh Joon | Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
| Amit Malhan | Director | 31 Mar 2015 | 11 Years 7 Months | As last reported |
Auditor
Indiabulls Commercial Assets Limited is audited by AGARWAL PRAKASH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL PRAKASH & CO | FY 2018 | 005975N |
Shareholding
The shareholding of Indiabulls Commercial Assets 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 Indiabulls Commercial Assets Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indiabulls Commercial Assets Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indiabulls Commercial Assets Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indiabulls Commercial Assets has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ashkit Real Estate Limited | U45200DL2008PLC172646 |
To see the full group structure of Indiabulls Commercial Assets Limited, buy the company report.
GST
No GST registration is on our record for Indiabulls Commercial Assets Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indiabulls Commercial Assets Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Satpal Singh ceased to be Additional Director on 19 Sep 2016.
2 earlier events are in the company report.
News
Frequently asked questions
Indiabulls Commercial Assets has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Indiabulls Commercial Assets was a public limited company based in New Delhi, Delhi, India. The company worked in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 30 April 2011 and is registered under CIN U70101DL2011PLC218367. The company has been struck off by the Registrar of Companies and is no longer operational.
Indiabulls Commercial Assets had 3 directors:
- Satpal Singh - Director
- Rajesh Joon - Director
- Amit Malhan - Director
The CIN (Corporate Identification Number) of Indiabulls Commercial Assets is U70101DL2011PLC218367. 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 Indiabulls Commercial Assets is at M – 62 & 63 First Floor Connaught Place, New Delhi, Delhi, India – 110001.
Indiabulls Commercial Assets was incorporated on 30 April 2011. It is registered with the Registrar of Companies, Delhi.
Indiabulls Commercial Assets can be reached through the website indiabulls.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Indiabulls Commercial Assets on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 25 September 2020. Year-wise statements from 2015 are in the company report.
Indiabulls Commercial Assets operated in the infrastructure and utilities industry, in the general infrastructure services segment. It worked in this industry before it was struck off.
Satpal Singh ceased to be Additional Director on 19 Sep 2016. Sahdev Chhikara ceased to be Director on 28 Mar 2016. Satpal Singh was appointed as Director on 28 Mar 2016. Indiabulls Commercial Assets has 11 board changes on record in total.
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