Samudra Developers Private Limited.
About Samudra Developers Private Limited.
Data last updated:
Samudra Developers 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 28 October 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1991PTC063799. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹4.97 Lakh. It is led by directors Bhagwat Swarup Sharma and Prameela Ravindra Amin.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 4th Floor Hdil Towers Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.36 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹11.36 Cr and EBITDA of -₹9.02 Cr. Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹816.15 Cr and satisfied charges of ₹190 Cr on record. Court records list 28 cases involving the company, including 1 filed by the company and 27 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Samudra Developers Private Limited.'s registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address4th Floor Hdil Towers Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Samudra 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 Samudra Developers Private Limited 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 Samudra Developers Private Limited.
FY 2018 filings availableSamudra Developers Private Limited. reported revenue of ₹4.36 Lakh (down 80% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 80% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 99%. EBITDA fell 645% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4.36 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹9.02 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.36 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Samudra Developers Private Limited., buy the company report.
Board of directors of Samudra Developers Private Limited.
Samudra Developers Private Limited has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwat Swarup Sharma Also directs: Vallabh Poly-Plast International Limited, Ultra Space Developers Private Limited, Resources Realty Private Limited and 5 more | Director | 30 Mar 2010 | 16 Years 6 Months | Current |
| Prameela Ravindra Amin | Director | 20 Jan 2016 | 10 Years 9 Months | Current |
Auditor
Samudra Developers Private Limited. is audited by T R CHADHA & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO LLP | FY 2018 | 006711N/N500028 |
Shareholding
The shareholding of Samudra Developers Private Limited. is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Samudra Developers Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2019 | 100287091 | Others | ₹362.5 Cr | Open | |
| 11 Sep 2019 | 100287097 | Others | ₹170.65 Cr | Open | |
| 27 Oct 2017 | 100136935 | Others | ₹80 Cr | Open | |
| 31 Jan 2017 | 100101957 | Others | ₹203 Cr | Open | |
| 09 Feb 2016 | 10623646 | Indiabulls Housing Finance Limited | ₹145 Cr | Satisfied |
To see the full charge records of Samudra Developers Private Limited., buy the company report.
Total charge records: 6 View all charges
Legal cases
Samudra Developers Private Limited. has 28 court cases on record: 1 filed by Samudra Developers Private Limited, 27 filed against it. 4 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 4 |
| High courts | 3 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Sammaan Capital Limited | Pending |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by BMW India Financial Services Private Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Mercury Realty Pvt Ltd and 6 Ors | Disposed |
| District court, Gurugram, Haryana | Court case (CRR) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Indiabulls Commercial Credit Limited | Pending |
To see the full case history of Samudra 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 Samudra Developers Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Samudra Developers Private Limited. has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Samudra Developers Private Limited 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 Samudra Developers Private Limited., buy the company report.
Recent activity
Samudra Developers Private Limited. has 14 board changes on record since 2009: 2 appointments and 12 cessations. The latest: Prameela Ravindra Amin ceased to be Director on 12 Dec 2019.
14 earlier events are in the company report.
Frequently asked questions
Samudra Developers Private Limited 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 28 October 1991 (35+ years old) and is registered under CIN U45200MH1991PTC063799.
Samudra Developers Private Limited has 2 current directors:
- Bhagwat Swarup Sharma - Director
- Prameela Ravindra Amin - Director
The latest financial statements of Samudra Developers Private Limited on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Samudra Developers Private Limited has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Samudra Developers Private Limited is U45200MH1991PTC063799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samudra Developers Private Limited has 28 court cases on record: 1 filed by the company and 27 filed against it. 4 are pending. Most are in the district courts.
Samudra Developers Private Limited was incorporated on 28 October 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Prameela Ravindra Amin ceased to be Director on 12 Dec 2019. Bhagwat Swarup Sharma ceased to be Director on 23 Oct 2019. Placid Jacob Naronha ceased to be Director on 20 Jan 2016. Samudra Developers Private Limited has 14 board changes on record in total.
The registered office of Samudra Developers Private Limited is at 4th Floor Hdil Towers Anant Kanekar Marg Bandra East, Mumbai, Maharashtra, India – 400051.
Samudra Developers Private Limited operates in the real estate and construction industry, in the real estate builders and developers segment.