About Unishire Developers Private Limited
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Unishire Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Unishire Urbanscape Private Limited. It operates in the building construction segment of the construction sector. It was incorporated on 08 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2010PTC055096. Its GSTIN is 29AABCU2204J1ZG (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pratik Kirti Mehta and Vinay Kirti Mehta.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at No.36 Railway Parallel Road Nehru Nagar, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2016, the company reported a revenue of ₹87,656, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹83.45 Lakh and EBITDA of -₹50.45 Lakh.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Unishire. As per MCA filings, the company has open charges of ₹139.5 Cr and satisfied charges of ₹39 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website unishire.com.
Company details
Contact details
Unishire Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is unishire.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.36 Railway Parallel Road Nehru Nagar, Bangalore, Karnataka, India – 560020
- IndustryConstruction, Buildings
To see the full contact details of Unishire 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
Brands
Unishire Developers operates one associated brand: Unishire. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential property development services are provided in India. | unishire.com |
Business activity
The main business activity of Unishire Developers 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 Unishire Developers Private Limited, buy the company report.
Financials of Unishire Developers Private Limited
FY 2016 filings availableUnishire Developers Private Limited reported revenue of ₹87,656 (down 100% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹87,656 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹50.45 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹83.45 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Unishire Developers Private Limited, buy the company report.
Board of directors of Unishire Developers Private Limited
Unishire Developers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Kirti Mehta Also directs: Unishire Green Energy Venture LLP, Unishire Estates & Properties Private Limited, Unishire Urbanscape Private Limited and 3 more | Director | 08 Sep 2010 | 16 Years 2 Months | Current |
| Vinay Kirti Mehta Also directs: Unishire Urbanscape Private Limited, Pravij Properties LLP, Terravue Projects LLP and 1 more | Director | 08 Oct 2012 | 14 Years 1 Months | Current |
| Kirti Kantilal Mehta | Director | 08 Sep 2010 | 16 Years 2 Months | Current |
Auditor
Unishire Developers Private Limited is audited by N TATIA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N TATIA & ASSOCIATES | FY 2016 | 011067S |
Shareholding
The shareholding of Unishire Developers Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Unishire Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2018 | 100212971 | Others | ₹13.5 Cr | Open | |
| 06 Jul 2015 | 10587462 | Il & Fs Trust Company Limited | ₹126 Cr | Open | |
| 04 May 2015 | 10568395 | L&T Housing Finance Limited | ₹11 Cr | Satisfied | |
| 24 May 2013 | 10436485 | Religare Finvest Limited | ₹18 Cr | Satisfied | |
| 28 Aug 2012 | 10377588 | Dewan Housing Finance Corporation Limited | ₹10 Cr | Satisfied |
To see the full charge records of Unishire Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Unishire Developers Private Limited has 20 court cases on record: 6 filed by Unishire Developers, 14 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 11 | 4 |
| High courts | 5 | 3 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Revision petition | Filed against the company by Vistra Itcl (India) Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Vistra Itcl India Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Vistra Itcl India Ltd. | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/D Unishire Regency Park LLP and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Vistra Itcl India Ltd. | Pending |
To see the full case history of Unishire 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 Unishire Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Unishire Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCU2204J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Unishire Developers Private Limited, buy the company report.
Recent activity
Unishire Developers Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Pratik Kirti Mehta ceased to be Managing Director on 24 Dec 2015.
6 earlier events are in the company report.
Frequently asked questions
Unishire Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in buildings, within the construction industry. It was incorporated on 08 September 2010 (16+ years old) and is registered under CIN U70102KA2010PTC055096.
Unishire Developers has 3 current directors:
- Pratik Kirti Mehta - Director
- Vinay Kirti Mehta - Director
- Kirti Kantilal Mehta - Director
The latest financial statements of Unishire Developers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Unishire Developers is 29AABCU2204J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Unishire Developers is U70102KA2010PTC055096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unishire Developers has 20 court cases on record: 6 filed by the company and 14 filed against it. 6 are pending. Most are in the district courts.
Unishire Developers was incorporated on 08 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Pratik Kirti Mehta ceased to be Managing Director on 24 Dec 2015. Vinay Kirti Mehta was appointed as Director on 08 Oct 2012. Manish Pravinchandra Shah ceased to be Director on 28 Mar 2012. Unishire Developers has 7 board changes on record in total.
Unishire Developers can be reached through the website unishire.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Unishire Developers is at No.36 Railway Parallel Road Nehru Nagar, Bangalore, Karnataka, India – 560020.
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