Kakade Developers Private Limited
About Kakade Developers Private Limited
Data last updated:
Kakade Developers Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 March 2005.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2005PTC020491. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sanjay Dattatraya Kakade and Chandrakant Kankayya Boda.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Sanjay Kakade Group Plot No. 1205 Shirole Raod Near P. Jog Classes Shivaji Nagar, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2015, the company reported a revenue of ₹6.62 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹14.51 Cr (net margin -219.1%) and EBITDA of ₹4.07 Cr (EBITDA margin 61.4%).
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹101.14 Cr and satisfied charges of ₹69.3 Cr on record. Court records list 19 cases involving the company, including 2 filed by the company and 17 filed against it; 10 cases are pending.
Company details
Contact details
Kakade Developers Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSanjay Kakade Group Plot No. 1205 Shirole Raod Near P. Jog Classes Shivaji Nagar, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kakade Developers 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
Business activity
The main business activity of Kakade Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Kakade Developers Private Limited, buy the company report.
Financials of Kakade Developers Private Limited
FY 2016 filings availableKakade Developers Private Limited reported revenue of ₹6.62 Cr (up 49% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 49% in the latest year. EBITDA rose 39% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
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| Total Expenses | |
| EBITDA | ₹4.07 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹14.51 Cr |
| 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 | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 61.4% |
| Net Profit Margin | -219.1% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Kakade Developers Private Limited, buy the company report.
Board of directors of Kakade Developers Private Limited
Kakade Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Dattatraya Kakade Also directs: Nitsan Real Estate LLP, Kakade Infracon LLP, Shri Chintamani Packaging Industries LLP and 5 more | Director | 10 Jul 2017 | 9 Years 3 Months | As last reported |
| Chandrakant Kankayya Boda Also directs: New Morn Ventures LLP, Kakade Promoters Private Limited, Kakade Constructions Company Private Limited and 5 more | Director | 01 Oct 2016 | 10 Years 1 Months | As last reported |
Shareholding
The shareholding of Kakade Developers Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kakade Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2010 | 10289917 | Punjab National Bank | ₹22.14 Cr | Open | |
| 12 Feb 2009 | 10142155 | Punjab National Bank | ₹79 Cr | Open | |
| 11 Jan 2011 | 10333783 | Punjab National Bank | ₹9.3 Cr | Satisfied | |
| 08 Feb 2007 | 10041882 | Housing Development Corporation Limited | ₹60 Cr | Satisfied |
To see the full charge records of Kakade Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Kakade Developers Private Limited has 19 court cases on record: 2 filed by Kakade Developers, 17 filed against it. 10 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 7 |
| High courts | 3 | 2 | 3 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Runwal Realtors Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Runwal Realtors Pvt. Ltd. Through Ankush Jasraj Parakh | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S R A K Ceramics India Pvt Ltd Through Sachin Sharad More | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Runwal Realtors Pvt Ltd Through Ankush Jasraj Parakh | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Fame India Limited | Disposed |
To see the full case history of Kakade Developers 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 Kakade Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kakade Developers has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Grand Maratha Constructions Private Limited | U45200PN2005PTC021176 | |
| Jonas Holding Private Limited | U67120PN1996PTC099533 |
To see the full group structure of Kakade Developers Private Limited, buy the company report.
GST
Kakade Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kakade Developers Private Limited, buy the company report.
Recent activity
Kakade Developers Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Chandrakant Kankayya Boda ceased to be Additional Director on 29 Sep 2017.
7 earlier events are in the company report.
Frequently asked questions
Kakade Developers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Kakade Developers is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 March 2005 and is registered under CIN U70102PN2005PTC020491. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kakade Developers has 2 current directors:
- Sanjay Dattatraya Kakade - Director
- Chandrakant Kankayya Boda - Director
The latest financial statements of Kakade Developers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kakade Developers is U70102PN2005PTC020491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kakade Developers has open charges of ₹101.14 Cr and satisfied charges of ₹69.3 Cr as per latest MCA filings.
Kakade Developers has 19 court cases on record: 2 filed by the company and 17 filed against it. 10 are pending. Most are in the district courts.
Kakade Developers was incorporated on 31 March 2005. It is registered with the Registrar of Companies, Pune.
Chandrakant Kankayya Boda ceased to be Additional Director on 29 Sep 2017. Sanjay Dattatraya Kakade ceased to be Additional Director on 29 Sep 2017. Yogesh Dattatraya Pimpalkar ceased to be Additional Director on 29 Sep 2017. Kakade Developers has 7 board changes on record in total.
The registered office of Kakade Developers is at Sanjay Kakade Group Plot No. 1205 Shirole Raod Near P. Jog Classes Shivaji Nagar, Pune, Maharashtra, India – 411004.
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