About Development Projects Private Limited
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Development Projects Private Limited is a private limited company based in Memari, West Bengal, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 04 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01400WB2007PTC120795.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.45 Lakh. It is led by directors Radha Suhasaria and Gopal Suhasaria.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at C/O Memari Cold Storage Sultanpur Gt Road, West Bengal, India – 713146.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.94 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹9.02 Lakh (net margin 0.8%) and EBITDA of ₹1.43 Cr (EBITDA margin 11.9%).
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.03 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website dpplindia.com.
Company details
CIN history
Development Projects has one previous CIN (Corporate Identification Number): U45400WB2007PTC120795. The current CIN is U01400WB2007PTC120795, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01400WB2007PTC120795 | Current |
| U45400WB2007PTC120795 | Previous |
Contact details
Development Projects Private Limited's registered office is in Memari, West Bengal. Its website is dpplindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Memari Cold Storage Sultanpur Gt Road, West Bengal, India – 713146
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Development Projects 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 activities of Development Projects are trade and transport and storage. In detail, this covers wholesale trading and warehousing and storage. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Development Projects Private Limited, buy the company report.
Financials of Development Projects Private Limited
FY 2017 filings availableDevelopment Projects Private Limited reported revenue of ₹11.94 Cr (down 17% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.94 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.43 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9.02 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.9% | ||
| Net Profit Margin | 0.8% | ||
| 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 Development Projects Private Limited, buy the company report.
Board of directors of Development Projects Private Limited
Development Projects has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Suhasaria | Director | 25 Feb 2010 | 16 Years 8 Months | Current |
| Gopal Suhasaria | Director | 25 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Development Projects Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Agro Retail and Distribution, Cold Storage and Warehousing, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bibhash Distributors Private Limited | ₹11.95 Cr (FY 2024) | -20.0% | Muzaffarpur, Bihar, India | |||
| Chaya Agri Private Limited | ₹11.95 Cr (FY 2024) | 15.0% | Hyderabad, Telangana, India | |||
| Development Projects Private Limitedthis company | ₹11.94 Cr (FY 2017) | ₹9.02 Lakh | 0.8% | -17.0% | 12 | Memari, West Bengal, India |
| Growers Agrireach Private Limited | ₹11.92 Cr (FY 2019) | 7.0% | Hoskote, Karnataka, India |
To see the full peer comparison of Development Projects Private Limited, buy the company report.
Auditor
Development Projects Private Limited is audited by A K D & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K D & ASSOCIATES | FY 2017 | 325223E |
Shareholding
The shareholding of Development Projects Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Development Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2010 | 10247613 | State Bank of India | ₹9.03 Cr | Open |
To see the full charge records of Development Projects Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Development Projects Private Limited has 11 court cases on record: 1 filed by Development Projects, 10 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 2 |
| District courts | 5 | 5 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Naozad Realty Private Limited | Pending |
| District court, Purba Bardhaman, West Bengal | Execution petition | Filed against the company by National Collateral Management Services Ltd. by Its Authorized Signatory Mr. Mohammad Iqbal | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Naozad Realty Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by National Collateral Management Services Limited. | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by National Collateral Management Services Ltd. | Disposed |
To see the full case history of Development Projects 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 Development Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Development Projects Private Limited has a workforce of 12 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Development Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Development Projects Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Mukesh Kumar Pandey ceased to be Director on 06 Mar 2010.
Frequently asked questions
Development Projects is an active private limited company based in Memari, West Bengal, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 04 December 2007 (19+ years old) and is registered under CIN U01400WB2007PTC120795.
Development Projects has 2 current directors:
- Radha Suhasaria - Director
- Gopal Suhasaria - Director
The latest financial statements of Development Projects on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Development Projects is U01400WB2007PTC120795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Development Projects has 11 court cases on record: 1 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.
Development Projects was incorporated on 04 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Development Projects by revenue are Bibhash Distributors Private Limited, Chaya Agri Private Limited, Growers Agrireach Private Limited, all in the Transport and Logistics industry (Agro Retail and Distribution, Cold Storage and Warehousing, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Mukesh Kumar Pandey ceased to be Director on 06 Mar 2010. Narendra Kumar Pareek ceased to be Director on 06 Mar 2010. Gopal Suhasaria was appointed as Director on 25 Feb 2010. Development Projects has 5 board changes on record in total.
Development Projects can be reached through the website dpplindia.com. Its registered office is in Memari, West Bengal, India.
The registered office of Development Projects is at CO Memari Cold Storage Sultanpur Gt Road, West Bengal, India – 713146.
Development Projects operates in the agriculture industry, in the agro retail and distribution segment.
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