About Saket Promoters Limited
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Saket Promoters Limited is a public 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 06 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2003PLC097210. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹17.15 Cr. It was formerly known as Saket Promoters Private Limited. It is led by directors including Shashi Kant Khetan (Whole-Time Director) and Arvind Kumar Mishra.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 46 B Ganguly Street 1st Floor, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.8 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹5.56 Cr (net margin -51.5%) and EBITDA of -₹2.35 Cr (EBITDA margin -21.8%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 24% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹24.7 Cr and satisfied charges of ₹18.98 Cr on record. Court records list 66 cases involving the company, including 47 filed by the company and 19 filed against it; 28 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saketpromoters.com.
Company details
CIN history
Saket Promoters has one previous CIN (Corporate Identification Number): U45201WB2003PTC097210. The current CIN is U45201WB2003PLC097210, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201WB2003PLC097210 | Current |
| U45201WB2003PTC097210 | Previous |
Contact details
Saket Promoters Limited's registered office is in Kolkata, West Bengal. Its website is saketpromoters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address46 B Ganguly Street 1st Floor, Kolkata, West Bengal, India – 700012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Saket Promoters 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 Saket Promoters 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 Saket Promoters Limited, buy the company report.
Financials of Saket Promoters Limited
FY 2023 filings availableSaket Promoters Limited reported revenue of ₹10.8 Cr (down 27% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 27% fall in the latest year. EBITDA rose 92% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹10.8 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹2.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.56 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.8% | ||||
| Net Profit Margin | -51.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Saket Promoters Limited, buy the company report.
Board of directors and KMP of Saket Promoters Limited
Saket Promoters Limited currently reports 3 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Mishra | Director | 08 Oct 2012 | 14 Years 0 Months | Current |
| Arun Kumar Tiwari | Cfo | 10 Aug 2015 | 11 Years 2 Months | Current |
| Shashi Kant Khetan Also directs: Saket La Paris Towers LLP, Foremost Tracom LLP, Saket Devcon Private Limited and 4 more | Whole-Time Director | 06 Nov 2003 | 22 Years 11 Months | Current |
| Om Prakash Singh | Director | 03 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Saket Promoters Limited is audited by Ds Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ds Associates | FY 2022 | 317063E |
Shareholding
The shareholding of Saket Promoters Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saket Promoters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2019 | 100239788 | State Bank of India | ₹2.72 Cr | Open | |
| 15 Nov 2018 | 100217472 | Others | ₹6.98 Cr | Open | |
| 09 Aug 2016 | 100048089 | Syndicate Bank | ₹15 Cr | Open | |
| 31 Oct 2017 | 100141441 | Others | ₹18 Cr | Satisfied | |
| 15 May 2012 | 10355946 | Srei Equipment Finance Limited | ₹17.77 Lakh | Satisfied |
To see the full charge records of Saket Promoters Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Saket Promoters Limited has 66 court cases on record: 47 filed by Saket Promoters, 19 filed against it. 28 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 15 | 24 |
| High courts | 12 | 4 | 0 |
| NCLAT | 4 | 0 | 4 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Tata Capital Ltd | Pending |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Icici Bank Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against KRR Infra Projects Pvt Ltd | Pending |
| High Court, West Bengal | Court case (APOT) | Filed by the company against M/S Gopeshwar Iron and Steel Works Pvt Ltd and Ors | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Tata Capital Financial Services Limited | Disposed |
To see the full case history of Saket Promoters 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.
Credit ratings & regulatory alerts
Saket Promoters Limited was last rated by Crisil on 20 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Jan 2021 |
To see the full credit ratings and regulatory alerts of Saket Promoters Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saket Promoters Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Saket Promoters has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Dibakar Properties Private Limited | U70109WB2009PTC139376 | |
| Saket Infradevelopers Private Limited | U70109WB2011PTC156643 |
To see the full group structure of Saket Promoters Limited, buy the company report.
Employees & EPFO
Saket Promoters Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Saket Promoters 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 Saket Promoters Limited, buy the company report.
Recent activity
Saket Promoters Limited has 19 board changes on record since 2003: 4 appointments and 15 cessations. The latest: Om Prakash Singh ceased to be Additional Director on 29 Sep 2023.
22 earlier events are in the company report.
Frequently asked questions
Saket Promoters is an active public 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 06 November 2003 (23+ years old) and is registered under CIN U45201WB2003PLC097210.
Saket Promoters has 4 current directors and KMP:
- Shashi Kant Khetan - Whole-Time Director
- Arvind Kumar Mishra - Director
- Om Prakash Singh - Director
- Arun Kumar Tiwari - Cfo
The latest financial statements of Saket Promoters on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Saket Promoters has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saket Promoters is U45201WB2003PLC097210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saket Promoters has 66 court cases on record: 47 filed by the company and 19 filed against it. 28 are pending. Most are in the district courts.
Saket Promoters was incorporated on 06 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Om Prakash Singh ceased to be Additional Director on 29 Sep 2023. Arun Kumar Jha ceased to be Additional Director on 03 Jul 2023. Om Prakash Singh was appointed as Director on 03 Jul 2023. Saket Promoters has 19 board changes on record in total.
Saket Promoters can be reached through the website saketpromoters.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Saket Promoters is at 46 B Ganguly Street 1st Floor, Kolkata, West Bengal, India – 700012.