Payel Devcon Private Limited
About Payel Devcon Private Limited
Data last updated:
Payel Devcon Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Payel Prodev Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70100WB2009PTC138452.
The company has an authorised share capital of ₹11.91 Lakh and a paid-up capital of ₹11.91 Lakh. It was formerly known as Payel Awas Creation Private Limited and Primerose Financial Advisory Private Limited. It is led by directors Imtiyaz Ahamad and Zarrin Kahkashan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 14 Princep Street 4th Floor Room No.01, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.83 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹11.58 Lakh and EBITDA of -₹5.55 Lakh (EBITDA margin -303.2%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 47% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address14 Princep Street 4th Floor Room No.01, Kolkata, West Bengal, India – 700072
- 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
- One PDF report, delivered after checkout
Name History of Payel Devcon Private Limited
Payel Devcon has undergone 4 name changes throughout its history. The current legal name is Payel Devcon Private Limited.
| Company Name | Status |
|---|---|
| Payel Devcon Private Limited | Current |
| Payel Awas Creation Private Limited | Previous |
| Primerose Financial Advisory Private Limited | Previous |
| Payel Infracon Private Limited | Previous |
CIN History of Payel Devcon Private Limited
Payel Devcon has one previous CIN (Corporate Identification Number): U51909WB2009PTC138452. The current CIN is U70100WB2009PTC138452, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100WB2009PTC138452 | Current |
| U51909WB2009PTC138452 | Previous |
Auditor Details of Payel Devcon Private Limited
Payel Devcon Private Limited is audited by S N KHETAN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S N KHETAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Payel Devcon Private Limited
Payel Devcon has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imtiyaz Ahamad Also directs: Reftech Refractories Private Limited, Payel Prodev Private Limited, Sim Devcon Private Limited and 5 more | Director | 16 Dec 2014 | 11 Years 9 Months | Current |
| Zarrin Kahkashan Also directs: Payel Prodev Private Limited, Shaharsh Fiscal Services Pvt. Ltd., Fairplan Sales Private Limited and 2 more | Director | 16 Dec 2014 | 11 Years 9 Months | Current |
Financials of Payel Devcon Private Limited FY 2024 filings available
Payel Devcon Private Limited reported revenue of ₹1.83 Lakh (down 79% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Payel Devcon Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 79% fall 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 of Payel Devcon Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.83 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹5.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.58 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 of Payel Devcon Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -303.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Payel Devcon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Payel Devcon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Payel Devcon Private Limited
Payel Devcon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payel Devcon Private Limited
Employment history and EPFO contributions of people linked to Payel Devcon.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Payel Devcon Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Payel Devcon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Payel Devcon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Payel Devcon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Payel Devcon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Payel Devcon Private Limited
Frequently Asked Questions about Payel Devcon Private Limited
Payel Devcon is an active private 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 16 September 2009 (17+ years old) and is registered under CIN U70100WB2009PTC138452.
Payel Devcon reported revenue of ₹1.83 Lakh for FY 2021 (down 79% YoY).
Payel Devcon has 2 current directors:
- Imtiyaz Ahamad - Director
- Zarrin Kahkashan - Director
Payel Devcon reported a net loss of ₹11.58 Lakh and EBITDA of -₹5.55 Lakh (EBITDA margin -303.2%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Payel Devcon is -64% over three years and -47% over five years. In the latest year (FY 2021) revenue fell 79%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Payel Devcon is U70100WB2009PTC138452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payel Devcon was incorporated on 16 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The registered office of Payel Devcon is at 14 Princep Street 4th Floor Room No.01, Kolkata, West Bengal, India – 700072.
Payel Devcon has an authorised share capital of ₹11.91 Lakh and a paid-up capital of ₹11.91 Lakh.