About Sunstream City Private Limited
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Sunstream City Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH2006PTC182177. Its GSTIN is 27AAACZ2602A1ZX (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹30 Lakh. It was formerly known as Zeus Infrastructure Private Limited. It is led by directors including Rushank Vyomesh Shah and Chaitya Lalit Adani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹24 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹3.51 Lakh (net margin 14.6%) and EBITDA of ₹73.26 Lakh (EBITDA margin 305.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹665 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hubtown.co.in.
Company details
CIN history
Sunstream City has one previous CIN (Corporate Identification Number): U99999PN2006PTC022340. The current CIN is U99999MH2006PTC182177, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH2006PTC182177 | Current |
| U99999PN2006PTC022340 | Previous |
Contact details
Sunstream City Private Limited's registered office is in Mumbai, Maharashtra. Its website is hubtown.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIt/Ites Special Economic Zone Bld 1 Village Mulund Near Eeh Mulund Tollnaka Mulund East Mha, Da Colony, Mumbai, Maharashtra, India – 400081
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sunstream City 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
Financials of Sunstream City Private Limited
FY 2023 filings availableSunstream City Private Limited reported revenue of ₹24 Lakh (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 48% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹73.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.51 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 305.2% | ||||
| Net Profit Margin | 14.6% | ||||
| 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 Sunstream City Private Limited, buy the company report.
Board of directors of Sunstream City Private Limited
Sunstream City has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushank Vyomesh Shah Also directs: Funsolar Energy LLP, Aradhana Lifespace LLP, MVSR Developers and Trading LLP and 5 more | Director | 28 Jun 2017 | 9 Years 4 Months | Current |
| Chaitya Lalit Adani Also directs: Bowen Developers LLP, Catalina Developers LLP, Green Stream Farms and Agro Private Limited and 5 more | Director | 25 Jun 2018 | 8 Years 4 Months | Current |
| Birendra Badri Prasad | Director | 25 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Sunstream City Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grover Buildwell Private Limited | ₹24.01 Lakh (FY 2018) | -66.0% | New Delhi, Delhi, India | |||
| Mahaveer Multiplex (Orissa) Private Limited | ₹24.01 Lakh (FY 2025) | 37.0% | Cuttack, Odisha, India | |||
| Sunstream City Private Limitedthis company | ₹24 Lakh (FY 2024) | ₹3.51 Lakh | 14.6% | 52.0% | Mumbai, Maharashtra, India | |
| Shreenath Arcade Private Limited | ₹24 Lakh (FY 2024) | Jaipur, Rajasthan, India |
To see the full peer comparison of Sunstream City Private Limited, buy the company report.
Auditor
Sunstream City Private Limited is audited by Sanket R Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanket R Shah & Associates | FY 2023 | 135703W |
Shareholding
The shareholding of Sunstream City Private Limited 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 Sunstream City Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2014 | 10537893 | United Bank of India | ₹100 Cr | Open | |
| 31 Mar 2016 | 100033257 | Others | ₹260 Cr | Satisfied | |
| 24 Aug 2015 | 10593727 | Edelweiss Housing Finance Limited | ₹45 Cr | Satisfied | |
| 06 May 2015 | 10575409 | Punjab National Bank (International) Limited | ₹125 Cr | Satisfied | |
| 29 Dec 2014 | 10541916 | Ecl Finance Limited | ₹120 Cr | Satisfied |
To see the full charge records of Sunstream City Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Sunstream City Private Limited has 7 court cases on record: 4 filed by Sunstream City, 3 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Municipal Corporation of Greater Mumbai and 4 Ors | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Punjab National Bank., Th - Uma Shankar Sinha | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Blue Star Limited | Disposed |
To see the full case history of Sunstream City 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
Sunstream City Private Limited has 34 MSME Form 1 returns on record between 2016 and 2023, listing 149 overdue payments to 9 micro and small suppliers. 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 (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Honest Security Service | |||
| Cubictree Technology Solutions Private Limited | |||
| Doshi Doshi & Associates | |||
| an individual supplier | |||
| Topsource Infotech Solutions Private Limited |
To see the full MSME payment records of Sunstream City Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sunstream City has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ2602A1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunstream City Private Limited, buy the company report.
Recent activity
Sunstream City Private Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Anil Harbanslal Ahluwalia ceased to be Director on 25 Jun 2018.
26 earlier events are in the company report.
Frequently asked questions
Sunstream City is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 April 2006 (20+ years old) and is registered under CIN U99999MH2006PTC182177.
Sunstream City has 3 current directors:
- Rushank Vyomesh Shah - Director
- Chaitya Lalit Adani - Director
- Birendra Badri Prasad - Director
The latest financial statements of Sunstream City on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunstream City is 27AAACZ2602A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sunstream City is U99999MH2006PTC182177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunstream City has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Sunstream City was incorporated on 17 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sunstream City by revenue are Grover Buildwell Private Limited, Mahaveer Multiplex (Orissa) Private Limited, Shreenath Arcade Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Anil Harbanslal Ahluwalia ceased to be Director on 25 Jun 2018. Birendra Badri Prasad was appointed as Director on 25 Jun 2018. Chaitya Lalit Adani was appointed as Director on 25 Jun 2018. Sunstream City has 21 board changes on record in total.
Sunstream City has 34 MSME Form 1 returns on record between 2016 and 2023, listing 149 overdue payments to 9 micro and small suppliers. The latest return was filed on 04 Nov 2023.
Sunstream City can be reached through the website hubtown.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sunstream City is at ItItes Special Economic Zone Bld 1 Village Mulund Near Eeh Mulund Tollnaka Mulund East Mha, Da Colony, Mumbai, Maharashtra, India – 400081.
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