Queencity Developers Private Limited
About Queencity Developers Private Limited
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Queencity Developers Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 August 1995.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA1995PTC018622.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors including Manohar Dayaram Chatlani and Suresh Jain.
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 was at 10/5 Rathnams Complexkasturba Road Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.5 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹54.37 Lakh and EBITDA of -₹52.79 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.
Court records list 4 cases involving the company, including 4 filed against it.
Company details
Contact details
Queencity Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10/5 Rathnams Complexkasturba Road Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Queencity 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 Queencity 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 Queencity Developers Private Limited, buy the company report.
Financials of Queencity Developers Private Limited
FY 2019 filings availableQueencity Developers Private Limited reported revenue of ₹4.5 Lakh (down 27% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 27% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.5 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹52.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.37 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Queencity Developers Private Limited, buy the company report.
Board of directors of Queencity Developers Private Limited
Queencity Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manohar Dayaram Chatlani Also directs: MD Retail LLP, MD Retail India Private Limited, Soch Apparels Private Limited and 1 more | Director | 31 Dec 1996 | 29 Years 10 Months | As last reported |
| Suresh Jain | Director | 23 Aug 1995 | 31 Years 2 Months | As last reported |
| Ranjit Kumar Kedia | Director | 31 Dec 1996 | 29 Years 10 Months | As last reported |
Auditor
Queencity Developers Private Limited is audited by M R N M & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M R N M & CO | FY 2019 | 013072S |
Shareholding
The shareholding of Queencity Developers Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Queencity Developers Private Limited, buy the company report.
Legal cases
Queencity Developers Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Disposed |
To see the full case history of Queencity 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 Queencity Developers 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 Queencity Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Queencity Developers Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Sachanand Ladhani ceased to be Director on 28 Feb 2021.
Frequently asked questions
Queencity Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Queencity Developers was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 August 1995 and is registered under CIN U70101KA1995PTC018622. The company has been struck off by the Registrar of Companies and is no longer operational.
Queencity Developers had 3 directors:
- Manohar Dayaram Chatlani - Director
- Suresh Jain - Director
- Ranjit Kumar Kedia - Director
The CIN (Corporate Identification Number) of Queencity Developers is U70101KA1995PTC018622. 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 Queencity Developers is at 105 Rathnams Complexkasturba Road Bangalore, Karnataka, India – 560001.
Queencity Developers was incorporated on 23 August 1995. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Queencity Developers 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.
Queencity Developers operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Queencity Developers has 4 court cases on record: 4 filed against it. Most are in the district courts.
Sachanand Ladhani ceased to be Director on 28 Feb 2021. Arjun Kewalramani ceased to be Director on 18 May 2019. Kishore Venkatarathnam Kaveripatnam ceased to be Director on 18 May 2019. Queencity Developers has 6 board changes on record in total.
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