Point Developers Private Limited
About Point Developers Private Limited
Data last updated:
Point Developers Private Limited is a private limited company based in Mumbai, Maharashtra, 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 specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 22 February 2011, the company has been in operation for over 15 years.
Registered with ROC Mumbai under CIN U45202MH2011PTC213880.
Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹20 Lakh. It is led by directors Jatin Arvind Mehta and Chaitanya Jatin Mehta.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Office No. 505 Business Point D. K. Sandhu Marg Opp. Saibaba Mandir Chembur, Mumbai, Maharashtra, India – 400071.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.32 Cr, a decline of 32% compared to the previous year.
As per MCA filings, the company has open charges of ₹9.94 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments.
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- Registered AddressOffice No. 505 Business Point D. K. Sandhu Marg Opp. Saibaba Mandir Chembur, Mumbai, Maharashtra, India – 400071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Point Developers
The main business activity of Point Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details for Point Developers Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Point Developers
Point Developers Private Limited is audited by PRAKASH SARENA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAKASH SARENA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Point Developers Private Limited
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 Point Developers Private Limited
Point Developers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Arvind Mehta | Director | 22 Feb 2011 | 15 Years 7 Months | As last reported |
| Chaitanya Jatin Mehta | Director | 18 Feb 2019 | 7 Years 7 Months | As last reported |
Financials of Point Developers Private Limited FY 2022 filings available
Point Developers Private Limited reported revenue of ₹3.32 Cr (down 32.00% YoY) for FY 2022.
Ten-year financial statements for Point Developers Private Limited
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 Point Developers
Shareholding and ownership data for Point Developers Private Limited
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 Point Developers
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2019 | Others | ₹2.06 Cr | Open |
| 12 Sep 2018 | Others | ₹1.88 Cr | Open |
| 07 Aug 2018 | State Bank of India | ₹6 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Point Developers
Employment history and EPFO contributions of people linked to Point Developers.
Employee and EPFO history for Point Developers Private Limited
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 Point Developers
GST registrations and filing compliance for Point Developers Private Limited
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 Point Developers
Credit ratings, litigation, and regulatory alerts for Point Developers Private Limited
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 Point Developers
MSME payment history for Point Developers Private Limited
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 Point Developers
Corporate group structure for Point Developers Private Limited
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 Point Developers
MCA filings and documents for Point Developers Private Limited
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 Point Developers
Frequently Asked Questions about Point Developers Private Limited
Point Developers 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.
Point Developers is a company under insolvency, formerly operating as a private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 22 February 2011 and is registered under CIN U45202MH2011PTC213880. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Point Developers reported revenue of ₹3.32 Cr for FY 2022 (down 32.00% YoY).
The current directors of Point Developers are:
- Jatin Arvind Mehta - Director
- Chaitanya Jatin Mehta - Director
The CIN (Corporate Identification Number) of Point Developers is U45202MH2011PTC213880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Point Developers has open charges of ₹9.94 Cr and no satisfied charges on record as per latest MCA filings.