Seguro Foundations and Structures Private Limited
About Seguro Foundations and Structures Private Limited
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Seguro Foundations and Structures Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Inkel Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 03 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2007PTC021501. Its GSTIN is 32AALCS4028A1ZU (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.54 Cr. It is led by directors Rajeev Chirammel Vijayan and Mohammed Sagheer.
Its last annual general meeting (AGM) was held on 17 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Building No: VII/710 E & E1 Mavelipuram Thrikkakara Municipality, Ernakulam, Kerala, India – 682030.
As per the financials filed for FY 2018, the company reported a revenue of ₹52 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹5.65 Cr (net margin -10.9%) and EBITDA of ₹2.56 Cr (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100.89 Cr and satisfied charges of ₹1.84 Cr on record. Court records list 49 cases involving the company, including 16 filed by the company and 33 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Seguro Foundations and Structures Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBuilding No: VII/710 E & E1 Mavelipuram Thrikkakara Municipality, Ernakulam, Kerala, India – 682030
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Seguro Foundations and Structures 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 Seguro Foundations and Structures is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Seguro Foundations and Structures Private Limited, buy the company report.
Financials of Seguro Foundations and Structures Private Limited
FY 2018 filings availableSeguro Foundations and Structures Private Limited reported revenue of ₹52 Cr (down 59% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 59% fall in the latest year. EBITDA fell 80% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹52 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.56 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.65 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.9% | |||
| Net Profit Margin | -10.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Seguro Foundations and Structures Private Limited, buy the company report.
Board of directors of Seguro Foundations and Structures Private Limited
Seguro Foundations and Structures has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Chirammel Vijayan | Director | 12 Dec 2007 | 18 Years 10 Months | Current |
| Mohammed Sagheer Also directs: Sea Blue Shipyard Limited | Director | 08 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Seguro Foundations and Structures Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Renown Infrastructure Private Limited | ₹52.14 Cr (FY 2024) | 2811.0% | Gwalior, Madhya Pradesh, India | |||
| Paceinfracon Private Limited | ₹52.11 Cr (FY 2025) | 10.0% | Mohali, Punjab, India | |||
| Seguro Foundations and Structures Private Limitedthis company | ₹52 Cr (FY 2018) | -₹5.65 Cr | -10.9% | -59.0% | 2 | Ernakulam, Kerala, India |
| Tassos Construction Private Limited | ₹51.91 Cr (FY 2024) | -51.0% | Ahmedabad, Gujarat, India | |||
| Rabina Enterprises Private Limited | ₹51.9 Cr (FY 2025) | 141.0% | Jalandhar, Punjab, India | |||
| Lakshmi Infra Buildcon Private Limited | ₹51.85 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India |
To see the full peer comparison of Seguro Foundations and Structures Private Limited, buy the company report.
Auditor
Seguro Foundations and Structures Private Limited is audited by BABUSENAN AND CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BABUSENAN AND CO | FY 2018 | 297S |
Shareholding
The shareholding of Seguro Foundations and Structures Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Seguro Foundations and Structures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2017 | 100144157 | Others | ₹3 Cr | Open | |
| 17 Aug 2016 | 100051217 | Others | ₹53.74 Lakh | Open | |
| 30 Apr 2016 | 100031274 | Others | ₹22.72 Lakh | Open | |
| 09 Mar 2016 | 100016760 | Others | ₹23.39 Lakh | Open | |
| 25 Nov 2015 | 10625597 | Icici Bank Limited | ₹11.68 Lakh | Open |
To see the full charge records of Seguro Foundations and Structures Private Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Seguro Foundations and Structures Private Limited has 49 court cases on record: 16 filed by Seguro Foundations and Structures, 33 filed against it. 11 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 10 | 5 |
| District courts | 12 | 12 | 2 |
| NCLT | 7 | 7 | 1 |
| NCLAT | 4 | 4 | 3 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court II | Tribunal matter | Filed against the company by Inkel Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Inkel Ltd. | Pending |
| High Court | Writ petition | Filed by the company against The Kerala State Construction Corporation Ltd. and 2 others | Pending |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by M S Metric Infrastructure Private Limited | Disposed |
| High Court | Court case (RP) | Filed against the company by Inkel Limited | Disposed |
To see the full case history of Seguro Foundations and Structures 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.
Credit ratings & regulatory alerts
Seguro Foundations and Structures Private Limited was last rated by Care on 28 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Jul 2022 |
To see the full credit ratings and regulatory alerts of Seguro Foundations and Structures Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Seguro Foundations and Structures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Seguro Foundations and Structures Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Seguro Foundations and Structures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCS4028A1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Seguro Foundations and Structures Private Limited, buy the company report.
Recent activity
Seguro Foundations and Structures Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Mohammed Sagheer ceased to be Director on 25 Oct 2019.
39 earlier events are in the company report.
Frequently asked questions
Seguro Foundations and Structures is an active private limited company based in Ernakulam, Kerala, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 03 December 2007 (19+ years old) and is registered under CIN U45200KL2007PTC021501.
Seguro Foundations and Structures has 2 current directors:
- Rajeev Chirammel Vijayan - Director
- Mohammed Sagheer - Director
The latest financial statements of Seguro Foundations and Structures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 17 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Seguro Foundations and Structures is 32AALCS4028A1ZU, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Seguro Foundations and Structures is U45200KL2007PTC021501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seguro Foundations and Structures has 49 court cases on record: 16 filed by the company and 33 filed against it. 11 are pending. Most are in the high courts.
Seguro Foundations and Structures was incorporated on 03 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Seguro Foundations and Structures by revenue are Renown Infrastructure Private Limited, Paceinfracon Private Limited, Tassos Construction Private Limited, Rabina Enterprises Private Limited, Lakshmi Infra Buildcon Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Mohammed Sagheer ceased to be Director on 25 Oct 2019. Varghese Kurian ceased to be Additional Director on 31 Aug 2019. Rajeev Chirammel Vijayan ceased to be Managing Director on 26 Feb 2019. Seguro Foundations and Structures has 10 board changes on record in total.
The registered office of Seguro Foundations and Structures is at Building No: VII710 E & E1 Mavelipuram Thrikkakara Municipality, Ernakulam, Kerala, India – 682030.
Seguro Foundations and Structures operates in the infrastructure and utilities industry, in the general construction services segment.