About Piyush Colonisers Limited
Data last updated:
Piyush Colonisers Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 July 2004.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40105DL2004PLC127584. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹22.2 Cr. It was formerly known as Piyush Colonisers Private Limited. It is led by directors including Puneet Goel (Managing Director) and Manoj Kumar.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at A16/B1 Mohan Co – Operative Industrial Estate Main Mathura Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2015, the company reported a revenue of ₹124.16 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.69 Cr (net margin 3.8%) and EBITDA of ₹26.73 Cr (EBITDA margin 21.5%).
Its group structure includes 22 subsidiaries.
As per MCA filings, the company has open charges of ₹237.22 Cr and satisfied charges of ₹56.6 Cr on record. Court records list 265 cases involving the company, including 32 filed by the company and 234 filed against it; 57 cases are pending.
The last known website on record is piyushgroup.com.
Company details
CIN history
Piyush Colonisers has one previous CIN (Corporate Identification Number): U45201DL2004PLC127584. The current CIN is U40105DL2004PLC127584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40105DL2004PLC127584 | Current |
| U45201DL2004PLC127584 | Previous |
Contact details
Piyush Colonisers Limited's registered office is in New Delhi, Delhi. Its website is piyushgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA16/B1 Mohan Co – Operative Industrial Estate Main Mathura Road, New Delhi, Delhi, India – 110044
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Piyush Colonisers 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 Piyush Colonisers Limited
FY 2015 filings availablePiyush Colonisers Limited reported revenue of ₹124.16 Cr (down 5% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year. EBITDA fell 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹124.16 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹26.73 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4.69 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 21.5% |
| Net Profit Margin | 3.8% |
| 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 Piyush Colonisers Limited, buy the company report.
Board of directors of Piyush Colonisers Limited
Piyush Colonisers has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar | Additional Director | 09 Nov 2016 | 9 Years 11 Months | As last reported |
| Puneet Goel | Managing Director | 20 Oct 2006 | 20 Years 0 Months | As last reported |
| Rajiv Sharma | Additional Director | 14 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Piyush Colonisers Limited is audited by S S KOTHARI MEHTA & COMPANY for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S KOTHARI MEHTA & COMPANY | FY 2015 | 000756N |
Shareholding
The shareholding of Piyush Colonisers 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 Piyush Colonisers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100023637 | Others | ₹140 Cr | Open | |
| 31 Aug 2015 | 10594615 | Religare Housing Development Finance Corporation Limited | ₹5 Cr | Open | |
| 18 Feb 2015 | 10554849 | Oriental Bank of Commerce | ₹30 Cr | Open | |
| 11 Jul 2014 | 10515446 | Indiabulls Housing Finance Limited | ₹3 Cr | Open | |
| 11 Jul 2014 | 10515450 | Indiabulls Housing Finance Limited | ₹3 Cr | Open |
To see the full charge records of Piyush Colonisers Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Piyush Colonisers Limited has 265 court cases on record: 32 filed by Piyush Colonisers, 234 filed against it. 57 cases are pending and 208 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 211 | 196 | 53 |
| High courts | 40 | 28 | 4 |
| NCLAT | 9 | 9 | 0 |
| Supreme Court | 5 | 1 | 0 |
Cases on record (5 of 265)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Criminal miscellaneous application | Filed against the company by M/S Savbri Health Care Pvt. Ltd. | Pending |
| District court, South East, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed against the company by Sammaan Capital Limited Earlier India Bulls Housing Finance Limited and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Acc Ltd | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Punjab National Bank & Ors. Financial Institutions of the Coc of Piyush Colonisers Ltd. Corporate Debtor and 3 others | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Piyush Colonisers Ltd. Through Resolution Professional Mr. Ashish Singh | Disposed |
To see the full case history of Piyush Colonisers 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.
Credit ratings & regulatory alerts
Piyush Colonisers Limited was last rated by Icra on 10 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Feb 2022 |
To see the full credit ratings and regulatory alerts of Piyush Colonisers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piyush Colonisers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Piyush Colonisers has 22 subsidiary companies and 10 associated companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Piyush Buildwell India Limited | U40300DL2006PLC144655 | |
| Piyush Buildwell India Limited | U40300DL2006PLC144655 | |
| Jupiter Home Makers India Private Limited | U45201DL2006PTC219869 | |
| Jupiter Home Makers India Private Limited | U45201DL2006PTC219869 | |
| Endemic Buildcon India Private Limited | U45201DL2006PTC221672 | |
| Endemic Buildcon India Private Limited | U45201DL2006PTC221672 |
To see the full group structure of Piyush Colonisers Limited, buy the company report.
GST
Piyush Colonisers has 5 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 Piyush Colonisers Limited, buy the company report.
Recent activity
Piyush Colonisers Limited has 15 board changes on record since 2006: 3 appointments and 12 cessations. The latest: Manoj Kumar ceased to be Additional Director on 05 Dec 2018.
33 earlier events are in the company report.
Frequently asked questions
Piyush Colonisers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Piyush Colonisers is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 July 2004 and is registered under CIN U40105DL2004PLC127584. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Piyush Colonisers has 3 current directors:
- Puneet Goel - Managing Director
- Manoj Kumar - Additional Director
- Rajiv Sharma - Additional Director
The latest financial statements of Piyush Colonisers on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Piyush Colonisers is U40105DL2004PLC127584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piyush Colonisers has open charges of ₹237.22 Cr and satisfied charges of ₹56.6 Cr as per latest MCA filings.
Piyush Colonisers has 265 court cases on record: 32 filed by the company and 234 filed against it. 57 are pending. Most are in the district courts.
Piyush Colonisers was incorporated on 14 July 2004. It is registered with the Registrar of Companies, Delhi.
Manoj Kumar ceased to be Additional Director on 05 Dec 2018. Manish Goyal ceased to be Director on 15 Jun 2017. Rajiv Sharma was appointed as Additional Director on 14 Jun 2017. Piyush Colonisers has 15 board changes on record in total.
Piyush Colonisers can be reached through the website piyushgroup.com. Its registered office is in New Delhi, Delhi, India.