Shalimar Estates Pvt Ltd
About Shalimar Estates Pvt Ltd
Data last updated:
Shalimar Estates Pvt Ltd is a private limited company based in Chandigarh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45201CH1991PTC011335. Its GSTIN is 06AAHCS1356F2ZH (Haryana). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.5 Lakh. It is led by directors Ram Kumar Aggarwal (Managing Director) and Kamlesh Aggarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No. 1084 Sector – 8 C, Chandigarh, India – 160008.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.63 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹28.54 Lakh (net margin -46.3%) and EBITDA of -₹38.33 Lakh (EBITDA margin -62.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 48% over five years.
As per MCA filings, the company has satisfied charges of ₹12.55 Cr on record. Court records list 76 cases involving the company, including 35 filed by the company and 42 filed against it; 17 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shalimar Estates Pvt Ltd's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 1084 Sector – 8 C, Chandigarh, India – 160008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shalimar Estates Pvt Ltd, 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 Shalimar Estates Pvt Ltd
FY 2024 filings availableShalimar Estates Pvt Ltd reported revenue of ₹61.63 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 94% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹61.63 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹38.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.54 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -62.2% | ||||
| Net Profit Margin | -46.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shalimar Estates Pvt Ltd, buy the company report.
Board of directors of Shalimar Estates Pvt Ltd
Shalimar Estates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Kumar Aggarwal Also directs: Shivalik Farms Private Limited, New Life General Finance and Investment Company Ltd, Shalimar Infonet Private Limited and 1 more | Managing Director | 08 May 1991 | 35 Years 5 Months | Current |
| Kamlesh Aggarwal Also directs: Shivalik Farms Private Limited, New Life General Finance and Investment Company Ltd, Shalimar Infonet Private Limited and 1 more | Director | 08 May 1991 | 35 Years 5 Months | Current |
Auditor
Shalimar Estates Pvt Ltd is audited by S P Babuta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P Babuta & Associates | FY 2023 | 007657N |
Shareholding
The shareholding of Shalimar Estates Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shalimar Estates Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2007 | 10062322 | Punjab National Bank | ₹5 Cr | Satisfied | |
| 28 Nov 2005 | 80009383 | Punjab National Bank | ₹7.5 Cr | Satisfied | |
| 15 Feb 2000 | 90173762 | Canara Bank | ₹4.5 Lakh | Satisfied |
To see the full charge records of Shalimar Estates Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shalimar Estates Pvt Ltd has 76 court cases on record: 35 filed by Shalimar Estates, 42 filed against it. 17 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 27 | 6 |
| High courts | 28 | 10 | 9 |
| Supreme Court | 12 | 5 | 2 |
Cases on record (5 of 76)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Appeal | Filed against the company by Shalimar Estates Pvt Ltd. Through Its Managing Director and 2 others | Pending |
| High Court of Punjab and Haryana | Appeal | Filed by the company against Shalimar Estates Pvt Ltd. and Ors | Pending |
| District court, Chandigarh | Arbitration matter | Filed by the company against Inox Leisure Ltd and 1 other | Pending |
| District court, Chandigarh | Interim or miscellaneous application | Filed by the company against Axis Bank Limited and 1 other | Disposed |
| High Court, PUNJAB | Court case (RA-CR) | Filed against the company by Reliance Retail Limited | Disposed |
To see the full case history of Shalimar Estates Pvt Ltd, 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 Shalimar Estates Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shalimar Estates has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCS1356F2ZH | Haryana | Active | 02 Aug 2024 |
To see the full GST registrations and return filing status of Shalimar Estates Pvt Ltd, buy the company report.
Recent activity
Shalimar Estates Pvt Ltd has 2 board changes on record since 1991: 2 appointments. The latest: Kamlesh Aggarwal was appointed as Director on 08 May 1991.
Frequently asked questions
Shalimar Estates is an active private limited company based in Chandigarh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 May 1991 (35+ years old) and is registered under CIN U45201CH1991PTC011335.
Shalimar Estates has 2 current directors:
- Ram Kumar Aggarwal - Managing Director
- Kamlesh Aggarwal - Director
The latest financial statements of Shalimar Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shalimar Estates is 06AAHCS1356F2ZH, registered in Haryana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shalimar Estates is U45201CH1991PTC011335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalimar Estates has 76 court cases on record: 35 filed by the company and 42 filed against it. 17 are pending. Most are in the district courts.
Shalimar Estates was incorporated on 08 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chandigarh.
Kamlesh Aggarwal was appointed as Director on 08 May 1991. Ram Kumar Aggarwal was appointed as Managing Director on 08 May 1991.
The registered office of Shalimar Estates is at House No. 1084 Sector – 8 C, Chandigarh, India – 160008.
Shalimar Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
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