About Ipsel Ventures and Realty Private Limited
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Ipsel Ventures and Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 03 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2008PTC183097. Its GSTIN is 27AABCI9292A1ZL (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors including Anita Anilkumar Harchandani and Anil Nandkumar Harchandani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.51 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹6.68 Lakh (net margin 1.2%) and EBITDA of -₹5.33 Lakh (EBITDA margin -1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹5.62 Cr and satisfied charges of ₹8.95 Cr on record. Court records list 4 cases involving the company, including 4 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 ipselventures.com.
Company details
Contact details
Ipsel Ventures and Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is ipselventures.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No. 216 Hubtown Viva Shankarwadi Western Express Highway Jogeshwari (East, ), Mumbai, Maharashtra, India – 400060
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ipsel Ventures and Realty 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 Ipsel Ventures and Realty Private Limited
FY 2021 filings availableIpsel Ventures and Realty Private Limited reported revenue of ₹5.51 Cr (down 47% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 47% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.68 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Ipsel Ventures and Realty Private Limited, buy the company report.
Board of directors of Ipsel Ventures and Realty Private Limited
Ipsel Ventures and Realty has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Anilkumar Harchandani | Director | 01 Mar 2020 | 6 Years 8 Months | Current |
| Anil Nandkumar Harchandani Also directs: Sunrise Assets Private Limited, Linkhouse Industries Limited | Director | 04 Aug 2023 | 3 Years 2 Months | Current |
| Ritesh Nandkumar Harchandani | Director | 03 Jun 2008 | 18 Years 4 Months | Current |
Auditor
Ipsel Ventures and Realty Private Limited is audited by S P DARA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P DARA & ASSOCIATES | FY 2019 | 121776W |
Shareholding
The shareholding of Ipsel Ventures and Realty Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ipsel Ventures and Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2018 | 100179104 | Others | ₹1.87 Cr | Open | |
| 29 Jun 2009 | 10173130 | Axis Bank Limited | ₹3.75 Cr | Open | |
| 27 Sep 2014 | 10527962 | Hdfc Bank Limited | ₹1.45 Cr | Satisfied | |
| 13 Mar 2013 | 10424403 | Sicom Realty Limited | ₹5 Cr | Satisfied | |
| 03 Dec 2010 | 10265551 | Sicom Realty Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Ipsel Ventures and Realty Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ipsel Ventures and Realty Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by HDFC Bank Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Idfc First Bank Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Ipsel Ventures and Realty 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 Ipsel Ventures and Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ipsel Ventures and Realty has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI9292A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ipsel Ventures and Realty Private Limited, buy the company report.
Recent activity
Ipsel Ventures and Realty Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Anil Nandkumar Harchandani was appointed as Director on 04 Aug 2023.
9 earlier events are in the company report.
Frequently asked questions
Ipsel Ventures and Realty is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 03 June 2008 (18+ years old) and is registered under CIN U70200MH2008PTC183097.
Ipsel Ventures and Realty has 3 current directors:
- Anita Anilkumar Harchandani - Director
- Anil Nandkumar Harchandani - Director
- Ritesh Nandkumar Harchandani - Director
The latest financial statements of Ipsel Ventures and Realty on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Ipsel Ventures and Realty is 27AABCI9292A1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ipsel Ventures and Realty is U70200MH2008PTC183097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipsel Ventures and Realty has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Ipsel Ventures and Realty was incorporated on 03 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Anil Nandkumar Harchandani was appointed as Director on 04 Aug 2023. Anita Anilkumar Harchandani was appointed as Director on 01 Mar 2020. Vijay Nandkumar Harchandani ceased to be Managing Director on 01 Mar 2020. Ipsel Ventures and Realty has 8 board changes on record in total.
Ipsel Ventures and Realty can be reached through the website ipselventures.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ipsel Ventures and Realty is at Office No. 216 Hubtown Viva Shankarwadi Western Express Highway Jogeshwari East, , Mumbai, Maharashtra, India – 400060.
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