Reform Estate Developers Private Limited

Reform Estate Developers Private Limited - real estate and construction in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U45201GJ2002PTC041165 Incorporated 26 August 2002 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Merged Private Limited Company real estate and construction
Data last updated
Revenue · FY 2016
₹12.65 Lakh
▲ 82% YoY
Net profit · FY 2016
₹1.19 Lakh
Net margin 9.4%
EBITDA · FY 2016
₹10.04 Lakh
EBITDA margin 79.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹2.4 Cr
No open charges
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings

About Reform Estate Developers Private Limited

Data last updated:

Reform Estate Developers Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 August 2002.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2002PTC041165. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Lakh. It was led by directors including Nishant Upendra Shah and Upendra Chinubhai Shah.

Its last annual general meeting (AGM) was held on 23 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2016, the company reported a revenue of ₹12.65 Lakh, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 9.4%) and EBITDA of ₹10.04 Lakh (EBITDA margin 79.4%).

As per MCA filings, the company had satisfied charges of ₹2.4 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Company details

CIN U45201GJ2002PTC041165
Registration Number 041165
Incorporation Date 26 August 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 23 September 2016
Date of Balance Sheet 31 March 2016

Contact details

Reform Estate Developers Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Reform Estate Developers Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Reform Estate Developers is real estate. In detail, this covers real estate activities with own or leased property.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property

To see the full business activity and turnover split of Reform Estate Developers Private Limited, buy the company report.

Financials of Reform Estate Developers Private Limited

FY 2016 filings available

Reform Estate Developers Private Limited reported revenue of ₹12.65 Lakh (up 82% YoY) for FY 2016.

Revenue · FY 2016
₹12.65 Lakh ▲ 82%
Net profit · FY 2016
₹1.19 Lakh margin 9.4%
EBITDA · FY 2016
₹10.04 Lakh margin 79.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 82%
EBITDA CAGR growth
1 year
▲ 117%

Revenue rose 82% in the latest year. EBITDA rose 117% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹10.04 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.19 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin79.4%
Net Profit Margin9.4%
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 Reform Estate Developers Private Limited, buy the company report.

Board of directors of Reform Estate Developers Private Limited

Reform Estate Developers has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Nishant Upendra ShahDirector07 Jan 200422 Years 9 MonthsAs last reported
Upendra Chinubhai ShahDirector26 Aug 200224 Years 1 MonthsAs last reported
Nilam Upendra ShahDirector26 Aug 200224 Years 1 MonthsAs last reported

Charges & borrowings

Open charges
None
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Icici Bank Limited₹1.91 Cr
Icici Home Finance Company Limited₹0.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Aug 201210371682Icici Bank Limited₹60 LakhSatisfied
18 Aug 200910171670Icici Home Finance Company Limited₹48.96 LakhSatisfied
27 Nov 200610036981Icici Bank Limited₹1.31 CrSatisfied

To see the full charge records of Reform Estate Developers Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Reform Estate Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Reform Estate Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Reform Estate Developers Private Limited, buy the company report.

Recent activity

Reform Estate Developers Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Nishant Upendra Shah was appointed as Director on 07 Jan 2004.

AGM
Reform Estate Developers Private Limited last Annual general meeting of members was held on 23 Sep 2016 as per latest MCA records.
Filing
Reform Estate Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Ahmedabad.
Charges
A charge registered on 18 Aug 2009 via Charge ID 10171670 with Icici Home Finance Company Limited was fully satisfied on 24 Mar 2015.
Charges
A charge registered on 08 Aug 2012 via Charge ID 10371682 with Icici Bank Limited was fully satisfied on 23 Mar 2015.
Charges
A charge with Icici Bank Limited amounted to Rs. 0.60 Cr with Charge ID 10371682 was registered on 08 Aug 2012.
Charges
A charge with Icici Home Finance Company Limited of Rs. 0.49 Cr registered on 18 Aug 2009 with Charge ID 10171670 was modified on 08 Aug 2012.
Charges
A charge registered on 27 Nov 2006 via Charge ID 10036981 with Icici Bank Limited was fully satisfied on 07 Sep 2009.
Charges
A charge with Icici Home Finance Company Limited amounted to Rs. 0.49 Cr with Charge ID 10171670 was registered on 18 Aug 2009.
Charges
A charge with Icici Bank Limited amounted to Rs. 1.31 Cr with Charge ID 10036981 was registered on 27 Nov 2006.
Appointed
Nishant Upendra Shah was appointed as Director.
Appointed
Nilam Upendra Shah was appointed as Director.
Appointed
Upendra Chinubhai Shah was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Reform Estate Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Reform Estate Developers was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 August 2002 and is registered under CIN U45201GJ2002PTC041165. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Reform Estate Developers was incorporated on 26 August 2002. It is registered with the Registrar of Companies, Ahmedabad.

Reform Estate Developers had 3 directors:

The CIN (Corporate Identification Number) of Reform Estate Developers is U45201GJ2002PTC041165. 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 Reform Estate Developers is at 801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.

The latest financial statements of Reform Estate Developers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 23 September 2016. Year-wise statements from 2015 are in the company report.

No. Reform Estate Developers has 1 GST registration on record and it is cancelled or inactive.

Reform Estate Developers operated in the real estate and construction industry, in the real estate builders and developers segment.

Reform Estate Developers has 2 court cases on record: 2 filed by the company.