Keshari Estates Pvt Ltd
About Keshari Estates Pvt Ltd
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Keshari Estates Pvt Ltd is a private limited company based in Bhubaneswar, Odisha, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 06 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70101OR1992PTC003179. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹75.4 Lakh. It is led by directors including Ajaya Kumar Chaudhury (Managing Director) and Alok Choudhury.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kesari Talkies Compound98 Kharavela Nagar, Bhubaneswar, Odisha, India – 751001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.38 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹77,380 (net margin 0.6%) and EBITDA of ₹3.61 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1.81 Cr and satisfied charges of ₹6.94 Cr on record. Court records list 25 cases involving the company, including 14 filed by the company and 11 filed against it; 10 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Keshari Estates Pvt Ltd's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressKesari Talkies Compound98 Kharavela Nagar, Bhubaneswar, Odisha, India – 751001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Keshari 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 Keshari 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 Keshari Estates Pvt Ltd, buy the company report.
Financials of Keshari Estates Pvt Ltd
FY 2024 filings availableKeshari Estates Pvt Ltd reported revenue of ₹1.38 Cr (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 80% fall in the latest year. EBITDA fell 43% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.61 Lakh | ||||
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| Net Profit (PAT) | ₹77,380 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Keshari Estates Pvt Ltd, buy the company report.
Board of directors of Keshari Estates Pvt Ltd
Keshari Estates has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Choudhury Also directs: Golden Triangle Hotels & Resorts Private Limited, Jaganath Foods & Aqua-Culture Pvt Ltd, Keshari Urja Private Limited and 2 more | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
| Bidyutlata Choudhury | Director | 18 Dec 2007 | 18 Years 10 Months | Current |
| Ajaya Kumar Chaudhury Also directs: Golden Triangle Hotels & Resorts Private Limited, Jaganath Foods & Aqua-Culture Pvt Ltd, Altech Minerals Private Limited and 5 more | Managing Director | 06 Nov 1992 | 34 Years 0 Months | Current |
Auditor
Keshari Estates Pvt Ltd is audited by ANIL MIHIR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL MIHIR & ASSOCIATES | FY 2019 | 303038E |
Shareholding
The shareholding of Keshari Estates Pvt Ltd is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Keshari Estates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2013 | 10453991 | Bank of Baroda | ₹14.09 Lakh | Open | |
| 29 Sep 2011 | 10312762 | Indian Bank | ₹1.32 Cr | Open | |
| 28 May 2007 | 10053563 | Punjab National Bank | ₹35 Lakh | Open | |
| 30 Apr 2011 | 10287857 | State Bank of India | ₹3.7 Cr | Satisfied | |
| 28 Apr 2011 | 10292135 | State Bank of India | ₹84 Lakh | Satisfied |
To see the full charge records of Keshari Estates Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Keshari Estates Pvt Ltd has 25 court cases on record: 14 filed by Keshari Estates, 11 filed against it. 10 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 3 | 4 |
| District courts | 10 | 7 | 6 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Ms Hindustan Steelworks Construction Limited | Pending |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Jaycee Housing Pvt. Ltd. Represented by Its Director Shri Narottam Budhraja S/O Late Shri Jagadish Chandra Budhraja at Construction House, Jharpada, Cuttack Road , District: Khurda ,Bhubaneswar , Orissa and 2 others | Disposed |
| High Court, ORISSA | Writ petition | Filed against the company by Jaycee Housing Pvt. Ltd. and 3 others | Disposed |
| High Court | Court case (CRLMC) | Filed against the company by M/S.Hindustan Steelworks Construction Ltd. M/S.Sujan Ku.Roy Choudhury, K.Roy Choudhury | Disposed |
| District court, Khurda, Orissa | Civil suit | Filed against the company by Ms Hindustan Steelworks Construction Limited | Disposed |
To see the full case history of Keshari 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 Keshari Estates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Keshari Estates has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Keshari Multi Functional Complex Private Limited | U45400OR2011PTC013593 |
To see the full group structure of Keshari Estates Pvt Ltd, buy the company report.
GST
Keshari Estates has 3 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 Keshari Estates Pvt Ltd, buy the company report.
Recent activity
Keshari Estates Pvt Ltd has 6 board changes on record since 1992: 3 appointments and 3 cessations. The latest: Akshay Kumar Chaudhury ceased to be Director on 22 Dec 2020.
9 earlier events are in the company report.
Frequently asked questions
Keshari Estates is an active private limited company based in Bhubaneswar, Odisha, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 06 November 1992 (34+ years old) and is registered under CIN U70101OR1992PTC003179.
Keshari Estates has 3 current directors:
- Ajaya Kumar Chaudhury - Managing Director
- Alok Choudhury - Director
- Bidyutlata Choudhury - Director
The latest financial statements of Keshari Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Keshari Estates has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Keshari Estates is U70101OR1992PTC003179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keshari Estates has 25 court cases on record: 14 filed by the company and 11 filed against it. 10 are pending. Most are in the high courts.
Keshari Estates was incorporated on 06 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Cuttack.
Akshay Kumar Chaudhury ceased to be Director on 22 Dec 2020. Alok Choudhury ceased to be Additional Director on 30 Sep 2017. Alok Choudhury was appointed as Director on 01 Dec 2014. Keshari Estates has 6 board changes on record in total.
The registered office of Keshari Estates is at Kesari Talkies Compound98 Kharavela Nagar, Bhubaneswar, Odisha, India – 751001.
Keshari Estates operates in the infrastructure and utilities industry, in the general construction services segment.
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