About Mir Realtors Private Limited
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Mir Realtors Private Limited is a private limited company based in Kochi, Kerala, 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 15 November 2004.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70101KL2004PTC017590. Its GSTIN is 32AAECM2282K1ZI (Kerala).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.95 Cr. It is led by directors Karerat Arunkumar (Managing Director) and Binu Joseph Kanappilly.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 41/2030 M Buildings 1st Floor Kalabhavan Road, Kochi, Kerala, India – 682018.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.56 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹19.07 Lakh (net margin -5.4%) and EBITDA of ₹21.83 Lakh (EBITDA margin 6.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.5 Cr and satisfied charges of ₹10.23 Cr on record. Court records list 101 cases involving the company, including 19 filed by the company and 82 filed against it; 43 cases are pending.
The last known website on record is mirrealtors.in.
Company details
Contact details
Mir Realtors Private Limited's registered office is in Kochi, Kerala.
- Social Media
- Registered Address41/2030 M Buildings 1st Floor Kalabhavan Road, Kochi, Kerala, India – 682018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Mir Realtors 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 Mir Realtors Private Limited, buy the company report.
Financials of Mir Realtors Private Limited
FY 2018 filings availableMir Realtors Private Limited reported revenue of ₹3.56 Cr (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 58% fall in the latest year. EBITDA fell 76% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹21.83 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹19.07 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 6.1% | |||
| Net Profit Margin | -5.4% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Mir Realtors Private Limited, buy the company report.
Board of directors of Mir Realtors Private Limited
Mir Realtors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karerat Arunkumar Also directs: Rustic Leisures LLP, Mir Energy Solutions Private Limited, Mir Builders and Developers Private Limited and 5 more | Managing Director | 15 Nov 2004 | 21 Years 11 Months | As last reported |
| Binu Joseph Kanappilly | Director | 19 Jul 2016 | 10 Years 3 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2016 | 10625923 | Kerala Financial Corporation | ₹7.5 Cr | Open | |
| 06 Mar 2015 | 10564854 | Federal Bank Limited | ₹10 Cr | Open | |
| 01 Mar 2014 | 10483031 | Kerala Financial Corporation | ₹20 Cr | Open | |
| 13 Jan 2012 | 10334473 | Bank of India | ₹10 Cr | Satisfied | |
| 01 Jul 2011 | 10300837 | The Federal Bank Limited Ernakulam North Branch | ₹12.55 Lakh | Satisfied |
To see the full charge records of Mir Realtors Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Mir Realtors Private Limited has 101 court cases on record: 19 filed by Mir Realtors, 82 filed against it. 43 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 36 | 28 |
| High courts | 31 | 15 | 9 |
| NCLT | 18 | 18 | 0 |
| NCLAT | 15 | 13 | 6 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by HDFC Bank Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Piramal Capital and Housing Finance Ltd | Pending |
| High Court | Writ petition | Filed by the company against The Federal Bank Limited | Disposed |
| High Court of Kerala | Appeal | Filed by the company against Federal Bank Limited and 1 other | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against Narayan | Disposed |
To see the full case history of Mir Realtors 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 Mir Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mir Realtors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECM2282K1ZI | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mir Realtors Private Limited, buy the company report.
Recent activity
Mir Realtors Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Binu Joseph Kanappilly was appointed as Director on 19 Jul 2016.
3 earlier events are in the company report.
Frequently asked questions
Mir Realtors 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.
Mir Realtors is a company under liquidation, formerly operating as a private limited company based in Kochi, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 November 2004 and is registered under CIN U70101KL2004PTC017590. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mir Realtors has 2 current directors:
- Karerat Arunkumar - Managing Director
- Binu Joseph Kanappilly - Director
The latest financial statements of Mir Realtors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mir Realtors is U70101KL2004PTC017590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mir Realtors has open charges of ₹37.5 Cr and satisfied charges of ₹10.23 Cr as per latest MCA filings.
Mir Realtors has 101 court cases on record: 19 filed by the company and 82 filed against it. 43 are pending. Most are in the district courts.
Mir Realtors was incorporated on 15 November 2004. It is registered with the Registrar of Companies, Ernakulam.
Binu Joseph Kanappilly was appointed as Director on 19 Jul 2016. Vadakke Kadavath Basheerahmed ceased to be Director on 19 Jul 2016. Karerat Arunkumar was appointed as Managing Director on 15 Nov 2004.
Mir Realtors can be reached through the website mirrealtors.in. Its registered office is in Kochi, Kerala, India.
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