Primary Estates and Developers Private Limited
About Primary Estates and Developers Private Limited
Data last updated:
Primary Estates and Developers Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109PB2013PTC045327. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Jashneet Singh and Vijay Rana.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at SCO No. 43 Ground Floor Basement New Sunny Enclave Near Kfc Sector 125, Mohali, Punjab, India – 140301.
As per the financials filed for FY 2016, the company reported a revenue of ₹18.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.62 Lakh (net margin 1.1%) and EBITDA of ₹1.04 Cr (EBITDA margin 5.6%).
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 23 cases involving the company, including 23 filed against it.
Company details
CIN history
Primary Estates and Developers has one previous CIN (Corporate Identification Number): U70109CH2013PTC034616. The current CIN is U70109PB2013PTC045327, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109PB2013PTC045327 | Current |
| U70109CH2013PTC034616 | Previous |
Contact details
Primary Estates and Developers Private Limited's registered office is in Mohali, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO No. 43 Ground Floor Basement New Sunny Enclave Near Kfc Sector 125, Mohali, Punjab, India – 140301
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Primary Estates and Developers 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
Business activity
The main business activity of Primary Estates and 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 Primary Estates and Developers Private Limited, buy the company report.
Financials of Primary Estates and Developers Private Limited
FY 2016 filings availablePrimary Estates and Developers Private Limited reported revenue of ₹18.61 Cr (up 280% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 280% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹18.61 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.04 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹19.62 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.6% | |
| Net Profit Margin | 1.1% | |
| 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 Primary Estates and Developers Private Limited, buy the company report.
Board of directors of Primary Estates and Developers Private Limited
Primary Estates and Developers has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jashneet Singh | Director | 22 Jul 2013 | 13 Years 3 Months | Current |
| Vijay Rana | Director | 22 Jul 2013 | 13 Years 3 Months | Current |
| Samar Mohan Ranga | Director | 22 Jul 2013 | 13 Years 3 Months | Current |
| Ashish Sachdeva | Director | 22 Jul 2013 | 13 Years 3 Months | Current |
| Gulshan Wadhawan | Director | 22 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Primary Estates and Developers Private Limited is audited by AJAY PAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY PAL & ASSOCIATES | FY 2016 | 021443N |
Shareholding
The shareholding of Primary Estates and Developers Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Primary Estates and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2015 | 10580113 | Reliance Home Finance Limited | ₹50 Lakh | Open | |
| 28 May 2015 | 10580112 | Reliance Home Finance Limited | ₹2 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Primary Estates and Developers Private Limited has 23 court cases on record: 23 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Arbitration matter | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Icici Bank Ltd | Disposed |
| NCLT, Chandigarh | Appeal | Filed against the company by Dy Commissioner of Income Tax | Disposed |
| District court, Ferozepur, Punjab | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Primary Estates and Developers 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 Primary Estates and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Primary Estates and Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Primary Estates and Developers Private Limited, buy the company report.
Recent activity
Primary Estates and Developers Private Limited has 5 board changes on record since 2013: 5 appointments. The latest: Ashish Sachdeva was appointed as Director on 22 Jul 2013.
Frequently asked questions
Primary Estates and Developers is an active private limited company based in Mohali, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 July 2013 (13+ years old) and is registered under CIN U70109PB2013PTC045327.
Primary Estates and Developers has 5 current directors:
- Jashneet Singh - Director
- Vijay Rana - Director
- Samar Mohan Ranga - Director
- Ashish Sachdeva - Director
- Gulshan Wadhawan - Director
The latest financial statements of Primary Estates and Developers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Primary Estates and Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Primary Estates and Developers is U70109PB2013PTC045327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Primary Estates and Developers has 23 court cases on record: 23 filed against it. Most are in the district courts.
Primary Estates and Developers was incorporated on 22 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ashish Sachdeva was appointed as Director on 22 Jul 2013. Gulshan Wadhawan was appointed as Director on 22 Jul 2013. Jashneet Singh was appointed as Director on 22 Jul 2013. Primary Estates and Developers has 5 board changes on record in total.
The registered office of Primary Estates and Developers is at SCO No. 43 Ground Floor Basement New Sunny Enclave Near Kfc Sector 125, Mohali, Punjab, India – 140301.
Primary Estates and Developers operates in the real estate and construction industry, in the real estate builders and developers segment.