Skystar Buildcon Private Limited
About Skystar Buildcon Private Limited
Data last updated:
Skystar Buildcon Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Advaith Infraprojects Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 January 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2010PTC198509. Its GSTIN is 27AANCS9331A1ZB (Maharashtra).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Ajeet Singh and Prashant Chaubey.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹147.4 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹24.46 Cr (net margin 16.6%) and EBITDA of ₹39.23 Cr (EBITDA margin 26.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 22% over five years.
The company had about 37 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹790 Cr on record. Court records list 26 cases involving the company, including 10 filed by the company and 16 filed against it; 2 cases are pending. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in January 2016. Its 8 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 5 larger and 3 smaller; the largest is RPS Infrastructure Ltd. with revenue of ₹148.61 Cr. The company has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 1 micro and small supplier.
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- Registered Address5th Floor Sunteck Centre Vile Parle ( East), India, Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
The main business activity of Skystar Buildcon is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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
Financials of Skystar Buildcon Private Limited
FY 2023 filings availableSkystar Buildcon Private Limited reported revenue of ₹147.4 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 9% fall in the latest year. EBITDA rose 4% 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 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹147.4 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹39.23 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹24.46 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 26.6% | |
| Net Profit Margin | 16.6% | |
| 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, and every line for FY 2018-19 to FY 2021-22, 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 Skystar Buildcon are in the company report.
: available in the company report
Board of Directors of Skystar Buildcon Private Limited
Skystar Buildcon has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajeet Singh Also directs: Sunteck Realty Limited, Sahrish Constructions Private Limited, Mithra Buildcon Private Limited and 5 more | Director | 04 Oct 2016 | 10 Years 0 Months | As last reported |
| Prashant Chaubey Also directs: Mithra Buildcon Private Limited, Sunteck Realty Holdings Private Limited, Sunteck Infraprojects Private Limited and 5 more | Director | 28 Nov 2022 | 3 Years 10 Months | As last reported |
| Chaitanya Champaklal Dalal Also directs: I G A S & Associates LLP, Sunteck Realty Limited | Director | 30 Dec 2021 | 4 Years 9 Months | As last reported |
Peer Comparison
Skystar Buildcon Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RPS Infrastructure Ltd. | ₹148.61 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| S.B.G. Software Private Limited | ₹148.41 Cr (FY 2023) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Godrej Township Development Limited | ₹148.2 Cr (FY 2025) | •••• | •••• | 1454.0% | •••• | Mumbai, Maharashtra, India |
| Avacado Properties and Trading (India) Private Limited | ₹148.09 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Pardos Real Estate Private Limited | ₹147.99 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | New Delhi, Delhi, India |
| Skystar Buildcon Private Limited this company | ₹147.4 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| High End Infratech Private Limited | ₹147.25 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | Delhi, India |
| Orbit Tirupati Towers Private Limited | ₹146.83 Cr (FY 2024) | •••• | •••• | 827.0% | •••• | Kolkata, West Bengal, India |
| Paikar Real Estates Private Limited | ₹145.81 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Skystar Buildcon by revenue, above and below it, in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Skystar Buildcon Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2020 | Others | ₹120 Cr | Satisfied |
| 07 Oct 2019 | Others | ₹150 Cr | Satisfied |
| 27 Dec 2016 | Others | ₹100 Cr | Satisfied |
| 22 Jan 2015 | Others | ₹350 Cr | Satisfied |
| 12 Dec 2011 | State Bank of India | ₹70 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding
Skystar Buildcon Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in January 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Advaith Infraprojects Private Limited & Kamal Khetan, Advaith Infraprojects Private Limited Seller: Sunteck Realty Limited , Sunteck Property Holdings Private Limited |
| May 2010 | Acquisition | Undisclosed | Buyer: Sunteck Realty Limited Seller: 2 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Skystar Buildcon Private Limited has 26 court cases on record: 10 filed by Skystar Buildcon, 16 filed against it. 2 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 8 | 2 |
| District courts | 8 | 8 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Sunteck Realty Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sunteck Realty Limited | Pending |
| Supreme Court | Appeal | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by an individual | Disposed |
| High Court | Appeal | Filed against the company by an individual | Disposed |
: available in 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
Skystar Buildcon Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Skystar Buildcon Private Limited has a workforce of 37 employees as of Mar 29, 2024.
: available in the company report
Recent Activity
Skystar Buildcon Private Limited has 14 board changes on record since 2010: 3 appointments and 11 cessations. The latest: Prashant Chaubey ceased to be Additional Director on 26 Sep 2023.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Skystar Buildcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS9331A1ZB | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Skystar Buildcon has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Skystar Buildcon was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 January 2010 and is registered under CIN U70102MH2010PTC198509. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Skystar Buildcon was incorporated on 05 January 2010. It is registered with the Registrar of Companies, Mumbai.
Skystar Buildcon had 3 directors:
- Ajeet Singh - Director
- Prashant Chaubey - Director
- Chaitanya Champaklal Dalal - Director
The CIN (Corporate Identification Number) of Skystar Buildcon is U70102MH2010PTC198509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Skystar Buildcon is at 5th Floor Sunteck Centre Vile Parle East, India, Mumbai, Maharashtra, India – 400057.
The latest financial statements of Skystar Buildcon on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Skystar Buildcon is 27AANCS9331A1ZB, registered in Maharashtra.
Skystar Buildcon operated in the real estate and construction industry, in the real estate builders and developers segment.
Skystar Buildcon has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in January 2016.
The peers of Skystar Buildcon by revenue are RPS Infrastructure Ltd, S.B.G. Software Private Limited, Godrej Township Development Limited, Avacado Properties and Trading (India) Private Limited, Pardos Real Estate Private Limited and 3 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Skystar Buildcon has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 May 2019.