Oricon Properties Private Limited
About Oricon Properties Private Limited
Data last updated:
Oricon Properties Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Oricon Enterprises Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 November 1943.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1943PTC004089. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.12 Cr. It was led by directors including Sanjay Praveenchand Dosi and Vithal Narasimha Kamath.
Its last annual general meeting (AGM) was held on 28 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 35Dr E Moses Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2017, the company reported a revenue of ₹8.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.32 Cr (net margin 61.3%) and EBITDA of -₹1.91 Cr (EBITDA margin -22%). Revenue has grown at a compounded annual rate (CAGR) of 368% over three years.
As per MCA filings, the company had satisfied charges of ₹90 Cr on record. Court records list 25 cases involving the company, including 9 filed by the company and 16 filed against it; 4 cases are pending.
Company details
Contact details
Oricon Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address35Dr E Moses Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Oricon Properties 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
Financials of Oricon Properties Private Limited
FY 2017 filings availableOricon Properties Private Limited reported revenue of ₹8.68 Cr (up 21532% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 368% over three years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹8.68 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.91 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.32 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -22% | ||
| Net Profit Margin | 61.3% | ||
| 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 Oricon Properties Private Limited, buy the company report.
Board of directors of Oricon Properties Private Limited
Oricon Properties has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Praveenchand Dosi | Director | 21 Dec 2011 | 14 Years 10 Months | As last reported |
| Vithal Narasimha Kamath | Director | 16 Apr 1991 | 35 Years 6 Months | As last reported |
| Bal Mukand Gaggar | Director | 12 Sep 2008 | 18 Years 1 Months | As last reported |
| Varun Surendra Somani Also directs: Kopran Limited, G Claridge and Company Limited, Kopran Laboratories Limited and 5 more | Director | 22 Jan 2016 | 10 Years 9 Months | As last reported |
Auditor
Oricon Properties Private Limited is audited by ABHAY H JOSHI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY H JOSHI & CO | FY 2017 | 100014W |
Shareholding
The shareholding of Oricon Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Oricon Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2011 | 10282408 | Others | ₹25 Cr | Satisfied | |
| 05 Nov 2007 | 10075334 | Clearwater Capital Partners India Private Limited | ₹65 Cr | Satisfied |
To see the full charge records of Oricon Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Oricon Properties Private Limited has 25 court cases on record: 9 filed by Oricon Properties, 16 filed against it. 4 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 11 | 2 |
| High courts | 10 | 5 | 2 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Oricon Properties 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 Oricon Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oricon Properties 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 Oricon Properties Private Limited, buy the company report.
Recent activity
Oricon Properties Private Limited has 9 board changes on record since 1991: 4 appointments and 5 cessations. The latest: Varun Surendra Somani ceased to be Additional Director on 19 Aug 2016.
5 earlier events are in the company report.
Frequently asked questions
Oricon Properties has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Oricon Properties was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 November 1943 and is registered under CIN U99999MH1943PTC004089. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Oricon Properties was incorporated on 16 November 1943. It is registered with the Registrar of Companies, Mumbai.
Oricon Properties had 4 directors:
- Sanjay Praveenchand Dosi - Director
- Vithal Narasimha Kamath - Director
- Bal Mukand Gaggar - Director
- Varun Surendra Somani - Director
The CIN (Corporate Identification Number) of Oricon Properties is U99999MH1943PTC004089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Oricon Properties is at 35Dr E Moses Road Worli, Mumbai, Maharashtra, India – 400018.
The latest financial statements of Oricon Properties on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 July 2017. Year-wise statements from 2015 are in the company report.
No. Oricon Properties has 1 GST registration on record and it is cancelled or inactive.
Oricon Properties operated in the real estate and construction industry, in the real estate builders and developers segment.
Oricon Properties has 25 court cases on record: 9 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
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