About Sandstone Infraprojects Private Limited
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Sandstone Infraprojects Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2008PTC130237. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.54 Cr. It is led by directors Sachin Agarwal and Dinesh Raj Bagga.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 63B College Street, Kolkata, West Bengal, India – 700073.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.19 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹25.32 Cr and EBITDA of -₹25.32 Cr. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years.
As per MCA filings, the company has open charges of ₹50.58 Cr and satisfied charges of ₹6.64 Cr on record. Court records list 41 cases involving the company, including 1 filed by the company and 40 filed against it; 15 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssippl.com.
Company details
Contact details
Sandstone Infraprojects Private Limited's registered office is in Kolkata, West Bengal. Its website is ssippl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address63B College Street, Kolkata, West Bengal, India – 700073
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sandstone Infraprojects 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 Sandstone Infraprojects Private Limited
FY 2019 filings availableSandstone Infraprojects Private Limited reported revenue of ₹1.19 Lakh (up 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 84%. 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 | ₹1.19 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹25.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.32 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | 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 | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sandstone Infraprojects Private Limited, buy the company report.
Board of directors of Sandstone Infraprojects Private Limited
Sandstone Infraprojects has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Agarwal Also directs: Regent Vinimay Private Limited | Director | 03 Nov 2008 | 17 Years 11 Months | Current |
| Dinesh Raj Bagga | Director | 10 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Sandstone Infraprojects Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leading Line Merchant Traders Private Limited | ₹1.19 Lakh (FY 2025) | 214.0% | Gurugram, Haryana, India | |||
| Sandstone Infraprojects Private Limitedthis company | ₹1.19 Lakh (FY 2019) | -₹25.32 Cr | 6.0% | Kolkata, West Bengal, India | ||
| Salasar Buildwell Private Limited | ₹1.19 Lakh (FY 2024) | 16.0% | New Delhi, Delhi, India | |||
| VRM (India) Limited | ₹1.19 Lakh (FY 2024) | 53.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sandstone Infraprojects Private Limited, buy the company report.
Auditor
Sandstone Infraprojects Private Limited is audited by P S P M & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S P M & CO | FY 2019 | 328623E |
Shareholding
The shareholding of Sandstone Infraprojects 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sandstone Infraprojects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2014 | 10474879 | Srei Equipment Finance Limited | ₹78.43 Lakh | Open | |
| 07 Sep 2013 | 10448962 | Hdfc Bank Limited | ₹12.3 Cr | Open | |
| 21 Aug 2013 | 10451104 | Bajaj Finance Limited | ₹1.09 Cr | Open | |
| 30 May 2013 | 10438658 | Reliance Capital Ltd | ₹8.14 Lakh | Open | |
| 22 Mar 2013 | 10425379 | Reliance Capital Ltd | ₹2.23 Cr | Open |
To see the full charge records of Sandstone Infraprojects Private Limited, buy the company report.
Total charge records: 22 View all charges
Legal cases
Sandstone Infraprojects Private Limited has 41 court cases on record: 1 filed by Sandstone Infraprojects, 40 filed against it. 15 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 36 | 15 |
| High courts | 5 | 4 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by Bajaj Finance Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Bajaj Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Reliance Capital Ltd. | Pending |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by Bajaj Finance Limited | Disposed |
To see the full case history of Sandstone Infraprojects 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 Sandstone Infraprojects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sandstone Infraprojects Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
GST
Sandstone Infraprojects has 2 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 Sandstone Infraprojects Private Limited, buy the company report.
Recent activity
Sandstone Infraprojects Private Limited has 16 board changes on record since 2008: 9 appointments and 7 cessations. The latest: Shashi Agarwal ceased to be Director on 09 Jun 2018.
42 earlier events are in the company report.
Frequently asked questions
Sandstone Infraprojects is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 November 2008 (18+ years old) and is registered under CIN U45400WB2008PTC130237.
Sandstone Infraprojects has 2 current directors:
- Sachin Agarwal - Director
- Dinesh Raj Bagga - Director
The latest financial statements of Sandstone Infraprojects on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Sandstone Infraprojects has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sandstone Infraprojects is U45400WB2008PTC130237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sandstone Infraprojects has 41 court cases on record: 1 filed by the company and 40 filed against it. 15 are pending. Most are in the district courts.
Sandstone Infraprojects was incorporated on 03 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sandstone Infraprojects by revenue are Leading Line Merchant Traders Private Limited, Salasar Buildwell Private Limited, VRM (India) Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis).
Shashi Agarwal ceased to be Director on 09 Jun 2018. Parmanand Agarwal ceased to be Director on 28 Dec 2016. Shashi Agarwal was appointed as Director on 28 Dec 2016. Sandstone Infraprojects has 16 board changes on record in total.
Sandstone Infraprojects can be reached through the website ssippl.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Sandstone Infraprojects is at 63B College Street, Kolkata, West Bengal, India – 700073.