Sancheti Buildtech Private Limited
About Sancheti Buildtech Private Limited
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Sancheti Buildtech Private Limited is a private limited company based in Bhilwara, Rajasthan, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 1994.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U50103RJ1994PTC009165. Its GSTIN is 08AACCN5776F1Z8 (Rajasthan).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹53.8 Lakh. It was formerly known as Nagour Motors Pvt. Ltd. It is led by directors including Rishabh Chand Lodha (Irp/Rp/Liquidator) and Asha Devi Sancheti.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 13 Hari Sewa Marg, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2023, the company reported a revenue of ₹72.18 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21,514 (net margin 0.3%) and EBITDA of ₹1.22 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 187% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 2 cases are pending.
Company details
Contact details
Sancheti Buildtech Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13 Hari Sewa Marg, Bhilwara, Rajasthan, India – 311001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sancheti Buildtech 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 Sancheti Buildtech 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 Sancheti Buildtech Private Limited, buy the company report.
Financials of Sancheti Buildtech Private Limited
FY 2023 filings availableSancheti Buildtech Private Limited reported revenue of ₹72.18 Lakh (up 289% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 289% growth in the latest year. EBITDA rose 122% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹72.18 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21,514 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sancheti Buildtech Private Limited, buy the company report.
Board of directors of Sancheti Buildtech Private Limited
Sancheti Buildtech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Chand Lodha | Irp/Rp/Liquidator | 24 Jul 2024 | 2 Years 3 Months | As last reported |
| Asha Devi Sancheti Also directs: Mansukhi Nidhi Limited | Director | 27 Mar 2008 | 18 Years 6 Months | As last reported |
| Roshan Lal Sancheti Also directs: Mansukhi Nidhi Limited | Director | 27 Mar 2008 | 18 Years 6 Months | As last reported |
Auditor
Sancheti Buildtech Private Limited is audited by NAVEEN CHHAPARWAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN CHHAPARWAL | FY 2023 | 432458 |
Shareholding
The shareholding of Sancheti Buildtech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sancheti Buildtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2014 | 10514148 | Bhilwara Mahila Urban Co-Operative Bank Limited | ₹60 Lakh | Open | |
| 24 Sep 2012 | 10377656 | Kotak Mahindra Bank Limited | ₹1.9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Sancheti Buildtech Private Limited has 12 court cases on record: 4 filed by Sancheti Buildtech, 8 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 2 | 2 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Writ petition | Filed by the company against Reliance Commercial Finance Limited and 1 other | Pending |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Tiffany Finance Private Ltd. | Pending |
| NCLT, NCLT Jaipur | Insolvency matter | Filed against the company by Tiffany Finance Private Limited | Disposed |
| NCLT, Jaipur | Insolvency matter | Filed against the company by Tiffany Finance Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Roshan Lal Sancheti Director (Power Suspended) Sancheti Buildtech Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Sancheti Buildtech 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 Sancheti Buildtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sancheti Buildtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCN5776F1Z8 | Rajasthan | Active | 25 Sep 2024 |
To see the full GST registrations and return filing status of Sancheti Buildtech Private Limited, buy the company report.
Recent activity
Sancheti Buildtech Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Rishabh Chand Lodha was appointed as Irp/Rp/Liquidator on 24 Jul 2024.
Frequently asked questions
Sancheti Buildtech is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sancheti Buildtech is a company under insolvency, formerly operating as a private limited company based in Bhilwara, Rajasthan, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 December 1994 and is registered under CIN U50103RJ1994PTC009165. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sancheti Buildtech has 3 current directors:
- Asha Devi Sancheti - Director
- Roshan Lal Sancheti - Director
- Rishabh Chand Lodha - Irp/Rp/Liquidator
The latest financial statements of Sancheti Buildtech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sancheti Buildtech is U50103RJ1994PTC009165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sancheti Buildtech has open charges of ₹2.5 Cr and no satisfied charges on record as per latest MCA filings.
Sancheti Buildtech has 12 court cases on record: 4 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Sancheti Buildtech was incorporated on 14 December 1994. It is registered with the Registrar of Companies, Jaipur.
Rishabh Chand Lodha was appointed as Irp/Rp/Liquidator on 24 Jul 2024. Asha Surana ceased to be Director on 26 Apr 2008. Vikas Somani ceased to be Director on 26 Apr 2008. Sancheti Buildtech has 7 board changes on record in total.
The registered office of Sancheti Buildtech is at 13 Hari Sewa Marg, Bhilwara, Rajasthan, India – 311001.