Rajen Skyscapers Private Limited
About Rajen Skyscapers Private Limited
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Rajen Skyscapers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rkw Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2010PTC202456. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dheeraj Skyscapers Private Limited. It is led by directors Ajay Prakash Parekh and Rajen Vasant Dhruv.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2 Home Worth Apt Gulmohar Colony 7th Cross Road Jvpd Scheme Juhu, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.52 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹14.96 Cr and EBITDA of ₹87.65 Lakh (EBITDA margin 57.5%). Revenue has grown at a compounded annual rate (CAGR) of 470% over five years.
As per MCA filings, the company has open charges of ₹1,000 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rajen Skyscapers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2 Home Worth Apt Gulmohar Colony 7th Cross Road Jvpd Scheme Juhu, Mumbai, Maharashtra, India – 400049
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rajen Skyscapers 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 Rajen Skyscapers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Rajen Skyscapers Private Limited
FY 2019 filings availableRajen Skyscapers Private Limited reported revenue of ₹1.52 Cr (down 74% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 470%. EBITDA fell 83% 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 | ₹1.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹87.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.96 Cr | ||||
| Balance Sheet | |||||
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| 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 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.5% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Rajen Skyscapers Private Limited, buy the company report.
Board of directors of Rajen Skyscapers Private Limited
Rajen Skyscapers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Prakash Parekh | Director | 09 Feb 2019 | 7 Years 8 Months | Current |
| Rajen Vasant Dhruv Also directs: Mid-City Projects LLP, Mid-City Landmarks LLP, Primo Realtors Private Limited and 4 more | Director | 27 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Rajen Skyscapers Private Limited is audited by RAMESH VORA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH VORA & CO | FY 2019 | 108579W |
Shareholding
The shareholding of Rajen Skyscapers 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 Rajen Skyscapers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2017 | 100102753 | Others | ₹350 Cr | Open | |
| 27 Feb 2017 | 100085269 | Others | ₹650 Cr | Open |
To see the full charge records of Rajen Skyscapers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Rajen Skyscapers Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 2 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Dewan Housing Finance Corporation Ltd. (DHFL) | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Kishinchand Motoomal Foundation | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Kishinchand Motoomal Foundation | Pending |
| District court, Central, Delhi | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Rajen Skyscapers 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 Rajen Skyscapers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajen Skyscapers 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 Rajen Skyscapers Private Limited, buy the company report.
Recent activity
Rajen Skyscapers Private Limited has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Kishore Shantilal Parekh ceased to be Director on 11 Feb 2019.
6 earlier events are in the company report.
Frequently asked questions
Rajen Skyscapers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 April 2010 (16+ years old) and is registered under CIN U70102MH2010PTC202456.
Rajen Skyscapers has 2 current directors:
- Ajay Prakash Parekh - Director
- Rajen Vasant Dhruv - Director
The latest financial statements of Rajen Skyscapers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
No. Rajen Skyscapers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajen Skyscapers is U70102MH2010PTC202456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajen Skyscapers has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the district courts.
Rajen Skyscapers was incorporated on 27 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Kishore Shantilal Parekh ceased to be Director on 11 Feb 2019. Ajay Prakash Parekh was appointed as Director on 09 Feb 2019. Rajen Vasant Dhruv ceased to be Additional Director on 29 Sep 2017. Rajen Skyscapers has 12 board changes on record in total.
The registered office of Rajen Skyscapers is at 2 Home Worth Apt Gulmohar Colony 7th Cross Road Jvpd Scheme Juhu, Mumbai, Maharashtra, India – 400049.
Rajen Skyscapers operates in the real estate and construction industry, in the real estate builders and developers segment.