Kasata Hometech (India) Private Limited
About Kasata Hometech (India) Private Limited
Data last updated:
Kasata Hometech (India) Private Limited is a private limited company based in Navi Mumbai, 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 20 July 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2009PTC194229. Its GSTIN is 24AADCK7320F1ZW (Gujarat).
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.01 Cr. It is led by directors Naresh Babubhai Patel and Rameshkumar Babulal Patel.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Shop No.5 Casa Blenca Destination Architecture Plot No.45 Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.75 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹7.14 Lakh (net margin 1.9%) and EBITDA of ₹27.68 Lakh (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 27% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52 Cr and satisfied charges of ₹20 Cr on record. Court records list 15 cases involving the company, including 5 filed by the company and 10 filed against it; 5 cases are pending.
Company details
Contact details
Kasata Hometech (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.5 Casa Blenca Destination Architecture Plot No.45 Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Kasata Hometech (India) 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 Kasata Hometech (India) 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 Kasata Hometech (India) Private Limited, buy the company report.
Financials of Kasata Hometech (India) Private Limited
FY 2020 filings availableKasata Hometech (India) Private Limited reported revenue of ₹3.75 Cr (down 52% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 52% fall in the latest year. EBITDA fell 94% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.75 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹27.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.14 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Kasata Hometech (India) Private Limited, buy the company report.
Board of directors of Kasata Hometech (India) Private Limited
Kasata Hometech (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Babubhai Patel Also directs: Kasata Buildtech Private Limited | Director | 20 Jul 2009 | 17 Years 3 Months | As last reported |
| Rameshkumar Babulal Patel Also directs: Kasata Buildtech Private Limited | Director | 20 Jul 2009 | 17 Years 3 Months | As last reported |
Auditor
Kasata Hometech (India) Private Limited is audited by PRATIK M DUGAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATIK M DUGAR & CO | FY 2020 | 151189W |
Shareholding
The shareholding of Kasata Hometech (India) Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kasata Hometech (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2016 | 100030093 | Others | ₹25 Cr | Open | |
| 24 Sep 2012 | 10377681 | Icici Bank Limited | ₹27 Cr | Open | |
| 14 Aug 2013 | 10443018 | Icici Bank Limited | ₹15 Cr | Satisfied | |
| 01 Aug 2011 | 10303359 | India Infoline Investment Services Limited | ₹5 Cr | Satisfied |
To see the full charge records of Kasata Hometech (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Kasata Hometech (India) Private Limited has 15 court cases on record: 5 filed by Kasata Hometech (India), 10 filed against it. 5 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 3 |
| District courts | 2 | 1 | 2 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Kalpana Realty Services Pvt Ltd | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed by the company against individuals | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Income Tax Department Through George Verghese | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Kalpataru Properties Pvt. Ltd. | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by Kalpataru Properties Pvt. Ltd. | Pending |
To see the full case history of Kasata Hometech (India) 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 Kasata Hometech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kasata Hometech (India) Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Kasata Hometech (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK7320F1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kasata Hometech (India) Private Limited, buy the company report.
Recent activity
Kasata Hometech (India) Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Naresh Babubhai Patel was appointed as Director on 20 Jul 2009.
Frequently asked questions
Kasata Hometech (India) 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.
Kasata Hometech (India) is a company under liquidation, formerly operating as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 July 2009 and is registered under CIN U45202MH2009PTC194229. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kasata Hometech (India) has 2 current directors:
- Naresh Babubhai Patel - Director
- Rameshkumar Babulal Patel - Director
The latest financial statements of Kasata Hometech (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kasata Hometech (India) is U45202MH2009PTC194229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kasata Hometech (India) has open charges of ₹52 Cr and satisfied charges of ₹20 Cr as per latest MCA filings.
Kasata Hometech (India) has 15 court cases on record: 5 filed by the company and 10 filed against it. 5 are pending. Most are in the high courts.
Kasata Hometech (India) was incorporated on 20 July 2009. It is registered with the Registrar of Companies, Mumbai.
Naresh Babubhai Patel was appointed as Director on 20 Jul 2009. Rameshkumar Babulal Patel was appointed as Director on 20 Jul 2009.
The registered office of Kasata Hometech (India) is at Shop No.5 Casa Blenca Destination Architecture Plot No.45 Sector 11 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
