About Sankalp Siddhi Developers Private Limited
Data last updated:
Sankalp Siddhi Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hive Carbon-Zero Developers Private Limited. 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 building construction segment of the construction sector. It was incorporated on 19 October 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2010PTC209143. Its GSTIN is 27AAOCS9724Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.1 Lakh. It is led by directors including Gunashekhar Kashi Vishwanathan and Yifei Wang.
Its last annual general meeting (AGM) was held on 28 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ground Floor Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.78 Cr. For the same year it recorded a net loss of ₹13.67 Cr (net margin -139.8%) and EBITDA of -₹13.76 Cr (EBITDA margin -140.6%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹165 Cr on record.
The last known website on record is ahujahive.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryConstruction, Buildings
- 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
- One PDF report, delivered after checkout
Business Activity of Sankalp Siddhi Developers Private Limited
The main business activity of Sankalp Siddhi Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sankalp Siddhi Developers Private Limited
Sankalp Siddhi Developers Private Limited is audited by Manjunath Gowda & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manjunath Gowda & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sankalp Siddhi Developers Private Limited
Sankalp Siddhi Developers has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunashekhar Kashi Vishwanathan Also directs: Nanban Apparel LLP, Magic Properties Private Limited, Shree Ahuja Properties Private Limited and 4 more | Director | 04 Dec 2023 | 2 Years 10 Months | As last reported |
| Yifei Wang Also directs: Magic Properties Private Limited, Shree Ahuja Properties Private Limited, Pushpanjali Realtors Private Limited and 3 more | Director | 01 Oct 2019 | 7 Years 0 Months | As last reported |
| Arun Kishanlal Bagaria Also directs: Bagaria & Co LLP, Anand Vihar Reality Pvt Ltd | Irp/Rp/Liquidator | 06 May 2024 | 2 Years 5 Months | As last reported |
Financials of Sankalp Siddhi Developers Private Limited FY 2022 filings available
Sankalp Siddhi Developers Private Limited reported revenue of ₹9.78 Cr for FY 2022.
Compounded Annual Growth Rate (CAGR) of Sankalp Siddhi Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years. EBITDA fell 309% 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 of Sankalp Siddhi Developers Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹9.78 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.67 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 of Sankalp Siddhi Developers Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -140.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -139.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sankalp Siddhi Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sankalp Siddhi Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sankalp Siddhi Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2017 | Others | ₹20 Cr | Satisfied |
| 30 Oct 2014 | Icici Bank Limited | ₹50 Cr | Satisfied |
| 13 Sep 2012 | Idbi Trusteeship Services Limited | ₹95 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Sankalp Siddhi Developers Private Limited
Sankalp Siddhi Developers Private Limited has a workforce of 10 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Sankalp Siddhi Developers Private Limited
Sankalp Siddhi Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS9724Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Sankalp Siddhi Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sankalp Siddhi Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sankalp Siddhi Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sankalp Siddhi Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Sankalp Siddhi Developers Private Limited
Frequently Asked Questions about Sankalp Siddhi Developers Private Limited
Sankalp Siddhi Developers 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.
Sankalp Siddhi Developers is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 19 October 2010 and is registered under CIN U70102MH2010PTC209143. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sankalp Siddhi Developers reported revenue of ₹9.78 Cr for FY 2022.
Sankalp Siddhi Developers has 3 current directors:
- Gunashekhar Kashi Vishwanathan - Director
- Yifei Wang - Director
- Arun Kishanlal Bagaria - Irp/Rp/Liquidator
Sankalp Siddhi Developers reported a net loss of ₹13.67 Cr (net margin -139.8%) and EBITDA of -₹13.76 Cr (EBITDA margin -140.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sankalp Siddhi Developers is -55% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Sankalp Siddhi Developers is U70102MH2010PTC209143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sankalp Siddhi Developers has no open charges and satisfied charges of ₹165 Cr as per latest MCA filings.
Sankalp Siddhi Developers was incorporated on 19 October 2010. It is registered with the Registrar of Companies, Mumbai.