About Platinumcorp Affordable Builders Private Limited
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Platinumcorp Affordable Builders Private Limited was a private limited company based in Mumbai, Maharashtra, India. 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 August 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70103MH2019PTC329373.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was led by directors Vishal Navinchandra Ratanghayra and Shravan Kumar Bali.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 901 Peninsula Heights C.D.Barfiwala Marg Juhu Lane Andheri (West), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2022, the company reported a revenue of ₹6 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Lakh (net margin 17.2%) and EBITDA of ₹1.52 Lakh (EBITDA margin 25.4%).
Court records list 2 cases involving the company, including 2 filed against it. The company has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹15 Cr; the latest was in July 2022. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Nilgiri Commercial Estate Private Limited with revenue of ₹6 Lakh.
The last known website on record is platinumcorp.in.
Company details
Contact details
Platinumcorp Affordable Builders Private Limited's registered office is in Mumbai, Maharashtra. Its website is platinumcorp.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address901 Peninsula Heights C.D.Barfiwala Marg Juhu Lane Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Platinumcorp Affordable Builders 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 Platinumcorp Affordable Builders Private Limited
FY 2022 filings availablePlatinumcorp Affordable Builders Private Limited reported revenue of ₹6 Lakh (down 33% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year. EBITDA fell 23% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.52 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.03 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 25.4% | ||
| Net Profit Margin | 17.2% | ||
| 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 Platinumcorp Affordable Builders Private Limited, buy the company report.
Board of directors of Platinumcorp Affordable Builders Private Limited
Platinumcorp Affordable Builders has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Navinchandra Ratanghayra Also directs: Platinum Lifescapes LLP, Avis Homebuilders LLP, Platinumcorp Land Ventures LLP and 5 more | Director | 16 Aug 2019 | 7 Years 2 Months | As last reported |
| Shravan Kumar Bali Also directs: Azure Tree Townships LLP, Goenka Family Developers LLP, Dynamix Retreat Resort LLP and 5 more | Director | 08 Mar 2022 | 4 Years 7 Months | As last reported |
Peer comparison
Platinumcorp Affordable Builders Private Limited 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 |
|---|---|---|---|---|---|---|
| Platinumcorp Affordable Builders Private Limitedthis company | ₹6 Lakh (FY 2022) | ₹1.03 Lakh | 17.2% | -33.0% | Mumbai, Maharashtra, India | |
| Nilgiri Commercial Estate Private Limited | ₹6 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Newfriends Infraheights Private Limited | ₹6 Lakh (FY 2024) | Agra, Uttar Pradesh, India | ||||
| Aapka Buildhome Private Limited | ₹6 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Mangalrashi Realtors Private Limited | ₹6 Lakh (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Namo Developers Private Limited | ₹6 Lakh (FY 2025) | Delhi, India | ||||
| Lakshmi Ayyappa Infrastructure Private Limited | ₹6 Lakh (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Citygold Logistics Limited | ₹6 Lakh (FY 2020) | -92.0% | Ahmedabad, Gujarat, India | |||
| Skill Realtors Private Limited | ₹6 Lakh (FY 2018) | -1.0% | Mumbai, Maharashtra, India | |||
| Candolim Beach Estates Private Limited | ₹6 Lakh (FY 2024) | Calangute, Goa, India | ||||
| Mobox Labs Limited | ₹6 Lakh (FY 2025) | -21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Platinumcorp Affordable Builders Private Limited, buy the company report.
Auditor
Platinumcorp Affordable Builders Private Limited is audited by Virendra Agrawal & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Virendra Agrawal & Associates | FY 2022 | 151047W |
Shareholding
The shareholding of Platinumcorp Affordable Builders Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Platinumcorp Affordable Builders Private Limited, buy the company report.
Deals & funding
Platinumcorp Affordable Builders Private Limited has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹15 Cr; the latest was in July 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Acquisition | Undisclosed | Buyer: Royal Netra Constructions Private Limited |
| Mar 2022 | Funding round | ₹15 Cr | Investors: Eversmile Construction Company Private Limited, Platinumcorp Constructions LLP , Man Infraconstruction Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Platinumcorp Affordable Builders Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Aditya Birla Finance Ltd. | Disposed |
| Calcutta High Court | Arbitration matter | Filed against the company by Ruptub Solution Private Limited | Disposed |
To see the full case history of Platinumcorp Affordable Builders 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 Platinumcorp Affordable Builders Private Limited; 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 Platinumcorp Affordable Builders Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Platinumcorp Affordable Builders Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Ashwin Bhikhubhai Pariakar ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Platinumcorp Affordable Builders 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.
Platinumcorp Affordable Builders 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 August 2019 and is registered under CIN U70103MH2019PTC329373. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Platinumcorp Affordable Builders was incorporated on 16 August 2019. It is registered with the Registrar of Companies, Mumbai.
Platinumcorp Affordable Builders had 2 directors:
- Vishal Navinchandra Ratanghayra - Director
- Shravan Kumar Bali - Director
The CIN (Corporate Identification Number) of Platinumcorp Affordable Builders is U70103MH2019PTC329373. 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 Platinumcorp Affordable Builders is at 901 Peninsula Heights C.D.Barfiwala Marg Juhu Lane Andheri West, Mumbai, Maharashtra, India – 400058.
Platinumcorp Affordable Builders can be reached through the website platinumcorp.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Platinumcorp Affordable Builders on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
Platinumcorp Affordable Builders operated in the real estate and construction industry, in the real estate builders and developers segment.
Platinumcorp Affordable Builders has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹15 Cr; the latest was in July 2022.
The peers of Platinumcorp Affordable Builders by revenue are Nilgiri Commercial Estate Private Limited, Newfriends Infraheights Private Limited, Aapka Buildhome Private Limited, Mangalrashi Realtors Private Limited, Namo Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
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