Sattyaahomes Development Private Limited
About Sattyaahomes Development Private Limited
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Sattyaahomes Development Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Satyatower Affordables Projects Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70102WB2014PTC204442. Its GSTIN is 19AADCH5205L1ZH (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹22.5 Lakh. It was formerly known as Sattyaa Developers Private Limited and Hiland Genesis Developers Private Limited. It is led by directors Sumit Dabriwala (Managing Director) and Amit Dabriwala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 7C Middleton Street Ground Floor, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2021, the company reported a revenue of ₹78.16 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.82 Lakh (net margin 34.3%) and EBITDA of -₹37.72 Lakh (EBITDA margin -48.3%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 382% over five years.
As per MCA filings, the company has open charges of ₹150 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Sattyaahomes Development has undergone 6 name changes throughout its history. The current legal name is Sattyaahomes Development Private Limited.
| Company Name | Status |
|---|---|
| Sattyaahomes Development Private Limited | Current |
| Sattyaa Developers Private Limited | Previous |
| Hiland Genesis Developers Private Limited | Previous |
| Satya-Nirman Developers Private Limited | Previous |
| Satyanirman Developers Private Limited | Previous |
| Satyaproject Developers Private Limited | Previous |
| Satya-Project Developers Private Limited | Previous |
Contact details
Sattyaahomes Development Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address7C Middleton Street Ground Floor, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sattyaahomes Development 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 Sattyaahomes Development 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 Sattyaahomes Development Private Limited, buy the company report.
Financials of Sattyaahomes Development Private Limited
FY 2022 filings availableSattyaahomes Development Private Limited reported revenue of ₹78.16 Lakh (up 52236% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 382% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹78.16 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹37.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.82 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48.3% | ||||
| Net Profit Margin | 34.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sattyaahomes Development Private Limited, buy the company report.
Board of directors of Sattyaahomes Development Private Limited
Sattyaahomes Development has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Dabriwala Also directs: Satyatower Affordables Projects Private Limited, Edmond Finvest Private Limited, Master Project Management LLP and 5 more | Director | 03 Jan 2018 | 8 Years 10 Months | Current |
| Sumit Dabriwala Also directs: Belmont Towers LLP, Satyatower Affordables Projects Private Limited, River Apartment Owners Association and 5 more | Managing Director | 28 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Sattyaahomes Development Private Limited is audited by SINGHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & CO | FY 2021 | 302049E |
Shareholding
The shareholding of Sattyaahomes Development Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sattyaahomes Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2018 | 100186114 | Others | ₹100 Cr | Open | |
| 20 Jun 2018 | 100188739 | Others | ₹50 Cr | Open |
To see the full charge records of Sattyaahomes Development Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sattyaahomes Development Private Limited has 1 court case on record: 1 filed by Sattyaahomes Development. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The State of West Bengal & Anr. | Disposed |
To see the full case history of Sattyaahomes Development 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 Sattyaahomes Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sattyaahomes Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCH5205L1ZH | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sattyaahomes Development Private Limited, buy the company report.
Recent activity
Sattyaahomes Development Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Sumit Dabriwala ceased to be Director on 01 Jan 2021.
2 earlier events are in the company report.
Frequently asked questions
Sattyaahomes Development 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 28 November 2014 (12+ years old) and is registered under CIN U70102WB2014PTC204442.
Sattyaahomes Development has 2 current directors:
- Sumit Dabriwala - Managing Director
- Amit Dabriwala - Director
The latest financial statements of Sattyaahomes Development on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sattyaahomes Development is 19AADCH5205L1ZH, registered in West Bengal.
The CIN (Corporate Identification Number) of Sattyaahomes Development is U70102WB2014PTC204442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sattyaahomes Development has 1 court case on record: 1 filed by the company.
Sattyaahomes Development was incorporated on 28 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kolkata.
Sumit Dabriwala ceased to be Director on 01 Jan 2021. Krishna Kumar Pandey ceased to be Additional Director on 26 Feb 2019. Amit Dabriwala ceased to be Additional Director on 29 Sep 2018. Sattyaahomes Development has 8 board changes on record in total.
The registered office of Sattyaahomes Development is at 7C Middleton Street Ground Floor, Kolkata, West Bengal, India – 700071.
Sattyaahomes Development operates in the real estate and construction industry, in the real estate builders and developers segment.
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