Resurgent Foundations Private Limited
About Resurgent Foundations Private Limited
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Resurgent Foundations Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 06 February 2002.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN2002PTC048417. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Krishnan Sankarasubramanian and Loknath Ratho.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2015, the company reported a revenue of ₹9.11 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹6,193 (net margin 0.7%) and EBITDA of ₹2.4 Lakh (EBITDA margin 26.3%).
As per MCA filings, the company had satisfied charges of ₹2.75 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
Company details
Contact details
Resurgent Foundations Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No.484 – 485 New No.28 – 30 2nd Floor Pantheon Plaza Pantheon Road, Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Resurgent Foundations 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
Financials of Resurgent Foundations Private Limited
FY 2015 filings availableResurgent Foundations Private Limited reported revenue of ₹9.11 Lakh (down 37% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA rose 435% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹9.11 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.4 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹6,193 |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 26.3% |
| Net Profit Margin | 0.7% |
| 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 Resurgent Foundations Private Limited, buy the company report.
Board of directors of Resurgent Foundations Private Limited
Resurgent Foundations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Sankarasubramanian Also directs: Enmas G.B. Power Systems Private Limited | Director | 01 Aug 2013 | 13 Years 2 Months | As last reported |
| Loknath Ratho | Additional Director | 31 Aug 2010 | 16 Years 1 Months | As last reported |
Auditor
Resurgent Foundations Private Limited is audited by KUMAR SRINIVASAN AND ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR SRINIVASAN AND ASSOCIATES | FY 2015 | 012759S |
Shareholding
The shareholding of Resurgent Foundations Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Resurgent Foundations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2005 | 90286187 | Icici Bank Ltd. | ₹2.75 Cr | Satisfied |
To see the full charge records of Resurgent Foundations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Resurgent Foundations Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2903-Simple Money & Mortgage Matters Etc. : Others) | Filed against the company by Inpac Projects International Private Limited Through Its Authorized Signatory Shri Chandrashekhar G. Ogale Through Its Authorized Signatory Shri Chandrashekhar G. Ogale Office at Swaroop Complex, 1St Floor, Karve Road , District: Pune ,Pune , Maharashtra and 1 other | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Inpac Projects International Private Limited and Anr. | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Inpac Projects International Etc 1 | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Inpac Projects International Etc 1 | Disposed |
To see the full case history of Resurgent Foundations 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 Resurgent Foundations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Resurgent Foundations has 4 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 Resurgent Foundations Private Limited, buy the company report.
Recent activity
Resurgent Foundations Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Krishna Kumar ceased to be Additional Director on 01 Aug 2013.
Frequently asked questions
Resurgent Foundations 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.
Resurgent Foundations was a private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 February 2002 and is registered under CIN U45201TN2002PTC048417. The company has been struck off by the Registrar of Companies and is no longer operational.
Resurgent Foundations had 2 directors:
- Krishnan Sankarasubramanian - Director
- Loknath Ratho - Additional Director
The CIN (Corporate Identification Number) of Resurgent Foundations is U45201TN2002PTC048417. 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 Resurgent Foundations is at Old No.484 – 485 New No.28 – 30 2nd Floor Pantheon Plaza Pantheon Road, Egmore, Chennai, Tamil Nadu, India – 600008.
Resurgent Foundations was incorporated on 06 February 2002. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Resurgent Foundations on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Resurgent Foundations has 4 GST registrations on record and all of them are cancelled or inactive.
Resurgent Foundations 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.
Resurgent Foundations has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.