About Pincon Developers Limited
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Pincon Developers Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2008PLC082723. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Mbt Publications Private Limited and Pincon Developers Private Limited. It is led by directors including Monoranjan Roy and Subrata Basu.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Samskruti Chambers No.103 K H Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.84 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹32.84 Lakh (net margin 2.1%) and EBITDA of ₹48.21 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 1 case is 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 pincondevelopers.in.
Company details
Name history
Pincon Developers has undergone 2 name changes throughout its history. The company was previously known as Mbt Publications Private Limited, and Pincon Developers Private Limited. The current legal name is Pincon Developers Limited.
| Company Name | Status |
|---|---|
| Pincon Developers Limited | Current |
| Mbt Publications Private Limited | Previous |
| Pincon Developers Private Limited | Previous |
CIN history
Pincon Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70102KA2008PLC082723, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KA2008PLC082723 | Current |
| U70102WB2008PLC128578 | Previous |
| U70102WB2008PTC128578 | Previous |
Contact details
Pincon Developers Limited's registered office is in Bangalore, Karnataka. Its website is pincondevelopers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSamskruti Chambers No.103 K H Road, Bangalore, Karnataka, India – 560027
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Pincon Developers 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 Pincon Developers 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 Pincon Developers Limited, buy the company report.
Financials of Pincon Developers Limited
FY 2017 filings availablePincon Developers Limited reported revenue of ₹15.84 Cr (up 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 9% growth in the latest year. EBITDA rose 68% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹15.84 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹48.21 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹32.84 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3% | ||
| Net Profit Margin | 2.1% | ||
| 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 Pincon Developers Limited, buy the company report.
Board of directors of Pincon Developers Limited
Pincon Developers has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monoranjan Roy | Director | 06 Jul 2015 | 11 Years 3 Months | Current |
| Subrata Basu | Director | 06 Jul 2015 | 11 Years 3 Months | Current |
| Arup Thakur | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Partho Basu | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
Shareholding
The shareholding of Pincon Developers Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pincon Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2015 | 10622042 | Lakshmi Vilas Bank Limited | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Pincon Developers Limited has 10 court cases on record: 1 filed by Pincon Developers, 9 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hooghly, West Bengal | Court case (M C Case) | Filed against the company by Reliance Asset Reconstruction Company Limited,Rep. by- Chinmay Vinay Deshpande | Pending |
| District court, South Twenty Four Parganas, West Bengal | Court case (TITLE APPEAL) | Filed against the company by M/S Excella Realtors Pvt. Ltd. | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Exin Realty Pvt. Ltd. | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| District court, Paschim Medinpur, West Bengal | Court case (Other Suit) | Filed against the company by an individual | Disposed |
To see the full case history of Pincon Developers 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 Pincon Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pincon Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pincon Developers Limited, buy the company report.
Recent activity
Pincon Developers Limited has 27 board changes on record since 2011: 4 appointments and 23 cessations. The latest: Subrata Basu ceased to be Director on 19 Mar 2018.
19 earlier events are in the company report.
Frequently asked questions
Pincon Developers is an active public limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 August 2008 (18+ years old) and is registered under CIN U70102KA2008PLC082723.
Pincon Developers has 4 current directors:
- Monoranjan Roy - Director
- Subrata Basu - Director
- Arup Thakur - Director
- Partho Basu - Director
The latest financial statements of Pincon Developers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Pincon Developers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Pincon Developers is U70102KA2008PLC082723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pincon Developers has 10 court cases on record: 1 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Pincon Developers was incorporated on 14 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Subrata Basu ceased to be Director on 19 Mar 2018. Raja Saha ceased to be Director on 09 Oct 2017. Arup Thakur ceased to be Additional Director on 30 Sep 2017. Pincon Developers has 27 board changes on record in total.
Pincon Developers can be reached through the website pincondevelopers.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Pincon Developers is at Samskruti Chambers No.103 K H Road, Bangalore, Karnataka, India – 560027.