Joita Estates Pvt Ltd
About Joita Estates Pvt Ltd
Data last updated:
Joita Estates Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1987PTC043144. Its GSTIN is 19AAACJ8034E1ZO (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.4 Lakh. It is led by directors including Anil Tolasaria (Managing Director) and Rekha Tolasaria.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 18/77 Dover Ln, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.7 Lakh and EBITDA of -₹7.71 Lakh (EBITDA margin -308%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Joita Estates Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address18/77 Dover Ln, Kolkata, West Bengal, India – 700029
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Joita Estates Pvt Ltd, 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 Joita Estates 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 |
To see the full business activity and turnover split of Joita Estates Pvt Ltd, buy the company report.
Financials of Joita Estates Pvt Ltd
FY 2022 filings availableJoita Estates Pvt Ltd reported revenue of ₹2.5 Lakh (up 462% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 462% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 57%. EBITDA rose 27% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹7.71 Lakh | ||||
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| Net Profit (PAT) | -₹13.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -308% | ||||
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To see the full financial statements and ratios of Joita Estates Pvt Ltd, buy the company report.
Board of directors of Joita Estates Pvt Ltd
Joita Estates has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Tolasaria Also directs: Ambient Projects LLP | Director | 31 Jan 2001 | 25 Years 8 Months | Current |
| Nimish Tolasaria Also directs: Ambient Projects LLP | Additional Director | 31 Oct 2011 | 14 Years 11 Months | Current |
| Anil Tolasaria Also directs: Ankur Infrastructure Development Pvt Ltd | Managing Director | 17 Oct 1987 | 39 Years 0 Months | Current |
Auditor
Joita Estates Pvt Ltd is audited by BHURA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHURA & CO | FY 2017 | 320079E |
Shareholding
The shareholding of Joita Estates Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Joita Estates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 1997 | 90252743 | Peerless Abasan Finance Ltd | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Joita Estates Pvt Ltd has 15 court cases on record: 9 filed by Joita Estates, 6 filed against it. 7 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 1 |
| District courts | 7 | 5 | 6 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed against the company by Peerless Abasan Finance Ltd. M/S. S. N. Sen & Co. | Pending |
| High Court | Company petition | Filed by the company against Priya Food Products Limited | Disposed |
| High Court | Court case (T) | Filed by the company against Cesc Ltd. | Disposed |
| High Court | Court case (APOT) | Filed by the company against C.E.S.C.Ltd. | Disposed |
| High Court | Court case (APO) | Filed by the company against Cesc Ltd. | Disposed |
To see the full case history of Joita Estates Pvt Ltd, 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 Joita Estates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Joita Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACJ8034E1ZO | West Bengal | Active | 31 Jul 2017 |
To see the full GST registrations and return filing status of Joita Estates Pvt Ltd, buy the company report.
Recent activity
Joita Estates Pvt Ltd has 3 board changes on record since 1987: 3 appointments. The latest: Nimish Tolasaria was appointed as Additional Director on 31 Oct 2011.
Frequently asked questions
Joita Estates is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 October 1987 (39+ years old) and is registered under CIN U70109WB1987PTC043144.
Joita Estates has 3 current directors:
- Anil Tolasaria - Managing Director
- Rekha Tolasaria - Director
- Nimish Tolasaria - Additional Director
The latest financial statements of Joita Estates on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Joita Estates is 19AAACJ8034E1ZO, registered in West Bengal.
The CIN (Corporate Identification Number) of Joita Estates is U70109WB1987PTC043144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joita Estates has 15 court cases on record: 9 filed by the company and 6 filed against it. 7 are pending. Most are in the high courts.
Joita Estates was incorporated on 13 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Nimish Tolasaria was appointed as Additional Director on 31 Oct 2011. Rekha Tolasaria was appointed as Director on 31 Jan 2001. Anil Tolasaria was appointed as Managing Director on 17 Oct 1987.
The registered office of Joita Estates is at 1877 Dover Ln, Kolkata, West Bengal, India – 700029.
Joita Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
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