Pushpam Plaza Private Limited
About Pushpam Plaza Private Limited
Data last updated:
Pushpam Plaza Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45309PN1995PTC091617. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹36.9 Lakh. It was formerly known as Pushpam Promoters & Builders Private Limited. It is led by directors Bina Vasudeo Gidwani and Kishor Vasudeo Gidwani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 51 Krishna Kunj Lulla Nagar, Pune, Maharashtra, India – 411040.
As per the financials filed for FY 2019, the company reported a revenue of ₹99.66 Lakh, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹2.44 Cr (net margin -244.8%) and EBITDA of ₹73.21 Lakh (EBITDA margin 73.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹15.72 Cr and satisfied charges of ₹5.45 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Pushpam Plaza has one previous CIN (Corporate Identification Number): U45309MH1995PTC091617. The current CIN is U45309PN1995PTC091617, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45309PN1995PTC091617 | Current |
| U45309MH1995PTC091617 | Previous |
Contact details
Pushpam Plaza Private Limited's registered office is in Pune, Maharashtra.
- Registered Address51 Krishna Kunj Lulla Nagar, Pune, Maharashtra, India – 411040
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Pushpam Plaza 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 Pushpam Plaza Private Limited, buy the company report.
Financials of Pushpam Plaza Private Limited
FY 2019 filings availablePushpam Plaza Private Limited reported revenue of ₹99.66 Lakh (up 89% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 89% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 155% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹73.21 Lakh | ||||
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| Net Profit (PAT) | -₹2.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 73.5% | ||||
| Net Profit Margin | -244.8% | ||||
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To see the full financial statements and ratios of Pushpam Plaza Private Limited, buy the company report.
Board of directors of Pushpam Plaza Private Limited
Pushpam Plaza has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bina Vasudeo Gidwani | Director | 09 Oct 1995 | 31 Years 0 Months | Current |
| Kishor Vasudeo Gidwani Also directs: Pushpam Software Private Limited | Director | 11 Jan 1999 | 27 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2012 | 10340885 | Punjab National Bank | ₹1 Cr | Open | |
| 24 Aug 2011 | 10307301 | Panjab National Bank | ₹2.3 Cr | Open | |
| 10 Dec 2010 | 10255417 | Punjab National Bank | ₹55 Lakh | Open | |
| 31 Aug 2010 | 10241531 | Panjab National Bank Limited | ₹3.3 Cr | Open | |
| 05 Mar 2010 | 10214850 | Panjab National Bank | ₹66.1 Lakh | Open |
To see the full charge records of Pushpam Plaza Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Pushpam Plaza Private Limited has 15 court cases on record: 12 filed by Pushpam Plaza, 3 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 2 |
| Supreme Court | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0602-Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution]) | Filed by the company against individuals | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Pushpam Software Pvt Ltd and Anr | Pending |
| Bombay High Court | Writ petition | Filed by the company against Raisoni Kothari Builders LLP and 1 other | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Authorised Officer Punjab National Bank Branch Pune and Ors | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Authorised Officer Punjab National Bank Branch Pune and Ors | Disposed |
To see the full case history of Pushpam Plaza 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 Pushpam Plaza Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pushpam Plaza has 3 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 Pushpam Plaza Private Limited, buy the company report.
Recent activity
Pushpam Plaza Private Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Pushpa Vasudeo Gidwani ceased to be Director on 08 Nov 2023.
18 earlier events are in the company report.
Frequently asked questions
Pushpam Plaza is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 August 1995 (31+ years old) and is registered under CIN U45309PN1995PTC091617.
Pushpam Plaza has 2 current directors:
- Bina Vasudeo Gidwani - Director
- Kishor Vasudeo Gidwani - Director
The latest financial statements of Pushpam Plaza on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Pushpam Plaza has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Pushpam Plaza is U45309PN1995PTC091617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pushpam Plaza has 15 court cases on record: 12 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Pushpam Plaza was incorporated on 09 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Pushpa Vasudeo Gidwani ceased to be Director on 08 Nov 2023. Uday Kumar Bhat was appointed as CFO on 16 Jan 2020. Kishor Vasudeo Gidwani was appointed as Director on 11 Jan 1999. Pushpam Plaza has 4 board changes on record in total.
The registered office of Pushpam Plaza is at 51 Krishna Kunj Lulla Nagar, Pune, Maharashtra, India – 411040.
Pushpam Plaza operates in the real estate and construction industry, in the real estate builders and developers segment.
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