Innovative Buildestates Private Limited
About Innovative Buildestates Private Limited
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Innovative Buildestates Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 26 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400HR2011PTC043956. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.61 Cr. It is led by directors Amit Bansal and Mukesh Chand.
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 Ground Floor H.No – 736 Sector – 14, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.36 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹73.6 Lakh and EBITDA of -₹24.8 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
As per MCA filings, the company has open charges of ₹11 Cr and satisfied charges of ₹2.53 Cr on record. Court records list 30 cases involving the company, including 6 filed by the company and 24 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Innovative Buildestates Private Limited's registered office is in Gurgaon, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor H.No – 736 Sector – 14, Gurgaon, Haryana, India – 122001
- IndustryReal Estate and Construction, Real Estate Marketing & Sales, Real Estate Builders & Developers
To see the full contact details of Innovative Buildestates 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 Innovative Buildestates Private Limited
FY 2018 filings availableInnovative Buildestates Private Limited reported revenue of ₹1.36 Lakh (down 93% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years, including a 93% fall in the latest year. EBITDA fell 501% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.36 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹24.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹73.6 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 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Innovative Buildestates Private Limited, buy the company report.
Board of directors of Innovative Buildestates Private Limited
Innovative Buildestates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Chand Also directs: Innovative Infradevelopers Private Limited | Additional Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Amit Bansal Also directs: Innovative Social Welfare | Director | 26 Sep 2011 | 15 Years 0 Months | Current |
Peer comparison
Innovative Buildestates Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Real Estate Marketing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Simplex Buildcon Private Limited | ₹1.36 Lakh (FY 2020) | 90.0% | New Delhi, Delhi, India | |||
| J. J. Bharati Promoters Private Limited | ₹1.36 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Rakkhyan Developers Private Limited | ₹1.36 Lakh (FY 2022) | -44.0% | Mumbai, Maharashtra, India | |||
| Quickway Builders Private Limited | ₹1.36 Lakh (FY 2025) | Margao, Goa, India | ||||
| Bihari Singh Constructions Private Limited | ₹1.36 Lakh (FY 2024) | 241.0% | Daltonganj, Jharkhand, India | |||
| Innovative Buildestates Private Limitedthis company | ₹1.36 Lakh (FY 2018) | -₹73.6 Lakh | -93.0% | Gurgaon, Haryana, India | ||
| Rathore Infra Estate Private Limited | ₹1.36 Lakh (FY 2025) | 9.0% | Tikamgarh, Madhya Pradesh, India | |||
| Anuya Enterprises Private Limited | ₹1.36 Lakh (FY 2024) | -27.0% | Nashik, Maharashtra, India | |||
| Likewise Construction Private Limited | ₹1.36 Lakh (FY 2025) | -38.0% | Kolkata, West Bengal, India | |||
| Lares Infracon Private Limited | ₹1.36 Lakh (FY 2021) | -84.0% | Delhi, India | |||
| Abacus Computers Limited | ₹1.36 Lakh (FY 2017) | -51.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Innovative Buildestates Private Limited, buy the company report.
Auditor
Innovative Buildestates Private Limited is audited by D S R V AND CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S R V AND CO LLP | FY 2018 | 006993N |
Shareholding
The shareholding of Innovative Buildestates 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 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovative Buildestates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2014 | 10539311 | Others | ₹4.5 Cr | Open | |
| 16 Dec 2013 | 10469891 | Religare Finvest Limited | ₹6.5 Cr | Open | |
| 30 Nov 2013 | 10463464 | Aditya Birla Finance Limited | ₹2.53 Cr | Satisfied |
To see the full charge records of Innovative Buildestates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Innovative Buildestates Private Limited has 30 court cases on record: 6 filed by Innovative Buildestates, 24 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 23 | 0 |
| High courts | 5 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against RG Buildestate Pvt. Ltd. Through Its Authorised Signatory Having Office at: Anand Lok Site Office, Sector-14, Vill. Godhan Bhiwadi, Tehsil Tijara ,Alwar , Rajasthan | Disposed |
| High Court | Writ petition | Filed by the company against M/S Divya Aashirwad Properties Pvt. Ltd. and 4 others | Disposed |
| District court, North, Delhi | Arbitration matter | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Cheque dishonour complaint | Filed against the company by DB Corp Ltd. | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint(pariwad)) | Filed against the company by DB Corp Ltd. | Disposed |
To see the full case history of Innovative Buildestates 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 Innovative Buildestates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Buildestates Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Innovative Buildestates has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Innovative Buildestates Private Limited, buy the company report.
Recent activity
Innovative Buildestates Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Manju Bansal ceased to be Director on 09 Mar 2018.
Frequently asked questions
Innovative Buildestates is an active private limited company based in Gurgaon, Haryana, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 26 September 2011 (15+ years old) and is registered under CIN U45400HR2011PTC043956.
Innovative Buildestates has 2 current directors:
- Mukesh Chand - Additional Director
- Amit Bansal - Director
The latest financial statements of Innovative Buildestates 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 2015 are in the company report.
No. Innovative Buildestates has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Innovative Buildestates is U45400HR2011PTC043956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Buildestates has 30 court cases on record: 6 filed by the company and 24 filed against it. Most are in the district courts.
Innovative Buildestates was incorporated on 26 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Innovative Buildestates by revenue are Simplex Buildcon Private Limited, J. J. Bharati Promoters Private Limited, Rakkhyan Developers Private Limited, Quickway Builders Private Limited, Bihari Singh Constructions Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Real Estate Marketing).
Manju Bansal ceased to be Director on 09 Mar 2018. Mukesh Chand was appointed as Additional Director on 09 Mar 2018. Amit Bansal was appointed as Director on 26 Sep 2011. Innovative Buildestates has 4 board changes on record in total.
The registered office of Innovative Buildestates is at Ground Floor H.No – 736 Sector – 14, Gurgaon, Haryana, India – 122001.
Innovative Buildestates operates in the real estate and construction industry, in the real estate marketing and sales segment.