Neelachal Estates Pvt Ltd
About Neelachal Estates Pvt Ltd
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Neelachal Estates Pvt Ltd is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 August 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U55101OR1983PTC001240.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.93 Cr. It is led by directors including Supravamayee Sahoo and Sangram Kishor Sahoo.
Its last annual general meeting (AGM) was held on 31 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at A/19 Cuttack Road, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2018, the company reported a revenue of ₹32,500, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹10,380 (net margin -31.9%) and EBITDA of -₹10,380 (EBITDA margin -31.9%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company has open charges of ₹2.33 Cr and satisfied charges of ₹95.5 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Neelachal Estates Pvt Ltd's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressA/19 Cuttack Road, Bhubaneswar, Odisha, India – 751006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neelachal 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
Financials of Neelachal Estates Pvt Ltd
FY 2018 filings availableNeelachal Estates Pvt Ltd reported revenue of ₹32,500 (down 7% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 7% fall in the latest year. EBITDA fell 65% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹32,500 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹10,380 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10,380 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -31.9% | |||
| Net Profit Margin | -31.9% | |||
| 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 Neelachal Estates Pvt Ltd, buy the company report.
Board of directors of Neelachal Estates Pvt Ltd
Neelachal 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 |
|---|---|---|---|---|
| Supravamayee Sahoo | Director | 02 Aug 1983 | 43 Years 2 Months | Current |
| Sangram Kishor Sahoo | Director | 02 Aug 1983 | 43 Years 2 Months | Current |
| Sanjay Kumar Sahoo | Director | 02 Aug 1983 | 43 Years 2 Months | Current |
Peer comparison
Neelachal Estates Pvt Ltd is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neelachal Estates Pvt Ltdthis company | ₹32,500 (FY 2018) | -₹10,380 | -31.9% | -7.0% | Bhubaneswar, Odisha, India | |
| Golden Bricks Promoters Private Limited | ₹32,500 (FY 2025) | 75.0% | New Delhi, Delhi, India | |||
| Padia Farms Private Limited | ₹32,500 (FY 2024) | 3.0% | Meerut, Uttar Pradesh, India | |||
| Ropar Estates Private Limited | ₹32,500 (FY 2023) | 26.0% | New Delhi, Delhi, India | |||
| Bankey Bihari Infra Promoters Private Limited | ₹32,500 (FY 2025) | 15.0% | Firozabad, Uttar Pradesh, India | |||
| SRM Infracon Private Limited | ₹32,500 (FY 2025) | -96.0% | New Delhi, Delhi, India | |||
| Ysrajv Enterprise Private Limited | ₹32,500 (FY 2021) | 2383.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Kesar Retails Private Limited | ₹32,500 (FY 2025) | 3719.0% | Kolkata, West Bengal, India | |||
| Anywhere Realtech Private Limited | ₹32,480 (FY 2024) | -94.0% | Delhi, India | |||
| Riyasat Palaces Limited | ₹32,460 (FY 2023) | -34.0% | Delhi, India | |||
| Pujas Shilpkala Private Limited | ₹32,458 (FY 2025) | -67.0% | New Delhi, Delhi, India |
To see the full peer comparison of Neelachal Estates Pvt Ltd, buy the company report.
Auditor
Neelachal Estates Pvt Ltd is audited by A C S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A C S & CO | FY 2018 | 325716E |
Shareholding
The shareholding of Neelachal Estates Pvt Ltd is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Neelachal Estates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2000 | 90384515 | State Bank of India | ₹95 Lakh | Open | |
| 29 Jun 2000 | 90384511 | State Bank of India | ₹95 Lakh | Open | |
| 04 Dec 1997 | 90384501 | Canara Bank | ₹3.4 Lakh | Open | |
| 17 Jun 1997 | 90382221 | The Gujarat Industrial Co- Op. Bank Ltd. | ₹5 Lakh | Open | |
| 20 Jan 1991 | 90382202 | State Bank of India | ₹5.35 Lakh | Open |
To see the full charge records of Neelachal Estates Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Neelachal Estates Pvt Ltd has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company | Pending |
| District court, Cuttack, Orissa | Court case (2 (c)cc) | Filed against the company by The Registrar of Companies, Orissa | Disposed |
| District court, Cuttack, Odisha | Court case (2 (c)cc) | Filed against the company by The Registrar of Companies, Orissa | Disposed |
To see the full case history of Neelachal 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 Neelachal Estates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Neelachal Estates Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neelachal Estates Pvt Ltd has 6 board changes on record since 1983: 3 appointments and 3 cessations. The latest: Radhika Beri ceased to be Managing Director on 28 Mar 2006.
9 earlier events are in the company report.
Frequently asked questions
Neelachal Estates is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 August 1983 (43+ years old) and is registered under CIN U55101OR1983PTC001240.
Neelachal Estates has 3 current directors:
- Supravamayee Sahoo - Director
- Sangram Kishor Sahoo - Director
- Sanjay Kumar Sahoo - Director
The latest financial statements of Neelachal Estates on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 31 July 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Neelachal Estates is U55101OR1983PTC001240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelachal Estates has 5 court cases on record: 5 filed against it. 1 is pending.
Neelachal Estates was incorporated on 02 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Neelachal Estates by revenue are Golden Bricks Promoters Private Limited, Padia Farms Private Limited, Ropar Estates Private Limited, Bankey Bihari Infra Promoters Private Limited, SRM Infracon Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Radhika Beri ceased to be Managing Director on 28 Mar 2006. Preeti Beri ceased to be Director on 17 Sep 2005. Rakesh Kumar Beri ceased to be Director on 01 Sep 2004. Neelachal Estates has 6 board changes on record in total.
The registered office of Neelachal Estates is at A19 Cuttack Road, Bhubaneswar, Odisha, India – 751006.
Neelachal Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
Neelachal Estates has open charges of ₹2.33 Cr and satisfied charges of ₹95.5 Lakh as per latest MCA filings.