About Sargam Builders Private Limited
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Sargam Builders Private Limited is a private limited company based in Kochi, Kerala, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 June 1997.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45201KL1997PTC011565. Its GSTIN is 32AAJCS0115J1ZP (Kerala).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.74 Cr. It is led by directors including Vezhappillil Kunjali Naina Abdul Rahim (Managing Director) and Razia Rahim.
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 28/3858 – D Sargam House Water Land Road Elamkulam, Kochi, Kerala, India – 682020.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.27 Lakh. For the same year it recorded a net loss of ₹16.58 Lakh and EBITDA of -₹10.03 Lakh (EBITDA margin -306.5%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
As per MCA filings, the company has open charges of ₹1.55 Cr and satisfied charges of ₹33.38 Lakh on record. Court records list 41 cases involving the company, including 19 filed by the company and 22 filed against it; 10 cases are pending.
The last known website on record is sargambuild.com.
Company details
Contact details
Sargam Builders Private Limited's registered office is in Kochi, Kerala. Its website is sargambuild.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address28/3858 – D Sargam House Water Land Road Elamkulam, Kochi, Kerala, India – 682020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sargam Builders 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 Sargam Builders 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 |
To see the full business activity and turnover split of Sargam Builders Private Limited, buy the company report.
Financials of Sargam Builders Private Limited
FY 2019 filings availableSargam Builders Private Limited reported revenue of ₹3.27 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over three years. EBITDA rose 26% 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 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 | ₹3.27 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16.58 Lakh | ||||
| 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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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -306.5% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sargam Builders Private Limited, buy the company report.
Board of directors of Sargam Builders Private Limited
Sargam Builders has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vezhappillil Kunjali Naina Abdul Rahim | Managing Director | 12 Dec 2002 | 23 Years 10 Months | As last reported |
| Saveen Abubaker | Additional Director | 04 Feb 2011 | 15 Years 8 Months | As last reported |
| Razia Rahim | Director | 24 Nov 2004 | 21 Years 10 Months | As last reported |
Auditor
Sargam Builders Private Limited is audited by SEN GEORGE ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEN GEORGE ASSOCIATES | FY 2019 | 007399S |
Shareholding
The shareholding of Sargam Builders Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sargam Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2010 | 10223049 | The Federal Bank Ltd | ₹85 Lakh | Open | |
| 02 Nov 2009 | 10185363 | The Federal Bank Ltd | ₹70 Lakh | Open | |
| 28 May 2010 | 10223050 | The Federal Bank Ltd | ₹27.5 Lakh | Satisfied | |
| 02 Nov 2009 | 10185303 | The Federal Bank Ltd | ₹5.88 Lakh | Satisfied |
To see the full charge records of Sargam Builders Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sargam Builders Private Limited has 41 court cases on record: 19 filed by Sargam Builders, 22 filed against it. 10 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 12 | 7 |
| District courts | 14 | 9 | 2 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (OP (DRT)) | Filed against the company by The Federal Bank Ltd. and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against The Federal Bank Limited and 2 others | Disposed |
| District court, Ernakulam, Kerala | Court case (AOP) | Filed against the company by HDFC Bank Limited | Disposed |
| High Court | Court case (Crl.MC) | Filed against the company by an individual | Pending |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Sargam Builders 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 Sargam Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sargam Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCS0115J1ZP | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sargam Builders Private Limited, buy the company report.
Recent activity
Sargam Builders Private Limited has 5 board changes on record since 2002: 3 appointments and 2 cessations. The latest: Anooja Rahim ceased to be Director on 21 Aug 2018.
3 earlier events are in the company report.
Frequently asked questions
Sargam Builders is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sargam Builders is a company under liquidation, formerly operating as a private limited company based in Kochi, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 June 1997 and is registered under CIN U45201KL1997PTC011565. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sargam Builders has 3 current directors:
- Vezhappillil Kunjali Naina Abdul Rahim - Managing Director
- Saveen Abubaker - Additional Director
- Razia Rahim - Director
The latest financial statements of Sargam Builders 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.
The CIN (Corporate Identification Number) of Sargam Builders is U45201KL1997PTC011565. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sargam Builders has open charges of ₹1.55 Cr and satisfied charges of ₹33.38 Lakh as per latest MCA filings.
Sargam Builders has 41 court cases on record: 19 filed by the company and 22 filed against it. 10 are pending. Most are in the high courts.
Sargam Builders was incorporated on 23 June 1997. It is registered with the Registrar of Companies, Ernakulam.
Anooja Rahim ceased to be Director on 21 Aug 2018. Saveen Abubaker was appointed as Additional Director on 04 Feb 2011. Vezhappillil Kunjali Naina Abdul Rahim ceased to be Director on 10 Nov 2010. Sargam Builders has 5 board changes on record in total.
Sargam Builders can be reached through the website sargambuild.com. Its registered office is in Kochi, Kerala, India.