Puspam Developers Private Limited
About Puspam Developers Private Limited
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Puspam Developers Private Limited is a private limited company based in Asansol, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB2003PTC096233. Its GSTIN is 19AADCP7347K3ZU (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹94 Lakh. It was formerly known as Puspam Housing Development Private Limited. It is led by directors including Puspa Agarwal and Rakesh Agarwal.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Puspam Niwas Court More Opp: Sani Mandir, Asansol, West Bengal, India – 713304.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.38 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹1,525 (net margin 0%) and EBITDA of ₹45.48 Lakh (EBITDA margin 33%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹20 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Puspam Developers Private Limited's registered office is in Asansol, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressPuspam Niwas Court More Opp: Sani Mandir, Asansol, West Bengal, India – 713304
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Puspam 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 Puspam Developers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Puspam Developers Private Limited, buy the company report.
Financials of Puspam Developers Private Limited
FY 2020 filings availablePuspam Developers Private Limited reported revenue of ₹1.38 Cr (down 55% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 55% fall in the latest year. EBITDA fell 42% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.38 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹45.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,525 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Puspam Developers Private Limited, buy the company report.
Board of directors of Puspam Developers Private Limited
Puspam Developers has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puspa Agarwal Also directs: SRT Real Con Private Limited | Director | 28 Jan 2022 | 4 Years 8 Months | Current |
| Rakesh Agarwal | Director | 12 May 2003 | 23 Years 5 Months | Current |
| Ritesh Agarwal Also directs: SRT Real Con Private Limited | Director | 22 May 2003 | 23 Years 5 Months | Current |
| Vikas Agarwal | Director | 12 May 2003 | 23 Years 5 Months | Current |
Auditor
Puspam Developers Private Limited is audited by A D R & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D R & ASSOCIATES | FY 2020 | 325092E |
Shareholding
The shareholding of Puspam Developers Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Puspam Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2012 | 10341392 | West Bengal Financial Corporation | ₹2 Cr | Open | |
| 04 Jul 2007 | 10064433 | Allahabad Bank | ₹4 Cr | Open | |
| 25 Mar 2004 | 90252900 | Uco Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Puspam Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Puspam Developers Private Limited has 3 court cases on record: 1 filed by Puspam Developers, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Radix Electrocast Pvt. Ltd. | Disposed |
| District court, Paschim Bardhaman, West Bengal | Civil suit | Filed by the company against Idbi Bank Limited, Idbi House | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by West Bengal Financial Corporation | Disposed |
To see the full case history of Puspam 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 Puspam Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Puspam Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCP7347K3ZU | West Bengal | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Puspam Developers Private Limited, buy the company report.
Recent activity
Puspam Developers Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Puspa Agarwal was appointed as Director on 28 Jan 2022.
4 earlier events are in the company report.
Frequently asked questions
Puspam Developers is an active private limited company based in Asansol, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 May 2003 (23+ years old) and is registered under CIN U45201WB2003PTC096233.
Puspam Developers has 4 current directors:
- Puspa Agarwal - Director
- Rakesh Agarwal - Director
- Ritesh Agarwal - Director
- Vikas Agarwal - Director
The latest financial statements of Puspam Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Puspam Developers is 19AADCP7347K3ZU, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Puspam Developers is U45201WB2003PTC096233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Puspam Developers has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Puspam Developers was incorporated on 12 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Puspa Agarwal was appointed as Director on 28 Jan 2022. Loknath Agarwal ceased to be Director on 14 Sep 2017. Puspa Agarwal ceased to be Director on 14 Sep 2017. Puspam Developers has 8 board changes on record in total.
The registered office of Puspam Developers is at Puspam Niwas Court More Opp: Sani Mandir, Asansol, West Bengal, India – 713304.
Puspam Developers operates in the real estate and construction industry, in the real estate builders and developers segment.