About Suvidha Parklift Limited
Data last updated:
Suvidha Parklift Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 12 August 1996.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24111DL1996PLC081132. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹35.5 Lakh. It is led by directors including Ajay Kumar Poddar and Pranav Poddar.
Its last annual general meeting (AGM) was held on 28 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 202 2nd Floor Raj Tower – 1 G – 1 Alaknanda Community Centre, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,593, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹69,600 and EBITDA of -₹85,628. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 73% over five years.
As per MCA filings, the company has satisfied charges of ₹46.25 Lakh on record. Court records list 24 cases involving the company, including 8 filed by the company and 16 filed against it. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in March 2009.
The last known website on record is suvidhaparklift.com.
Company details
CIN history
Suvidha Parklift has one previous CIN (Corporate Identification Number): U24111DL1996PTC081132. The current CIN is U24111DL1996PLC081132, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24111DL1996PLC081132 | Current |
| U24111DL1996PTC081132 | Previous |
Contact details
Suvidha Parklift Limited's registered office is in New Delhi, Delhi. Its website is suvidhaparklift.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 2nd Floor Raj Tower – 1 G – 1 Alaknanda Community Centre, New Delhi, Delhi, India – 110019
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Suvidha Parklift 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 Suvidha Parklift Limited
FY 2020 filings availableSuvidha Parklift Limited reported revenue of ₹11,593 (down 99% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 99% fall in the latest year. EBITDA fell 105% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹85,628 | ||||
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| Net Profit (PAT) | ₹69,600 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Suvidha Parklift Limited, buy the company report.
Board of directors of Suvidha Parklift Limited
Suvidha Parklift has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Poddar Also directs: JCL International Ltd., Syenergy Environics Limited | Director | 12 Aug 1996 | 30 Years 2 Months | As last reported |
| Pranav Poddar | Director | 01 Jan 2005 | 21 Years 10 Months | As last reported |
| Manisha Matanhelia Also directs: Syenergy Environics Limited | Director | 29 Sep 2014 | 12 Years 1 Months | As last reported |
Auditor
Suvidha Parklift Limited is audited by KRA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRA & ASSOCIATES | FY 2017 | 02352N |
Shareholding
The shareholding of Suvidha Parklift 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 Suvidha Parklift Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2010 | 10231860 | Central Bank of India | ₹21.25 Lakh | Satisfied | |
| 22 Jun 2006 | 10011159 | Central Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Suvidha Parklift Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Suvidha Parklift Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in March 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2007 | Funding round | ₹15 Lakh | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suvidha Parklift Limited has 24 court cases on record: 8 filed by Suvidha Parklift, 16 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 13 | 0 |
| District courts | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Belmaks Pvt Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Belmaks Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S. National Company | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S. National Company | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by M/S National Company Rep. by Managing Partner No 9, Kandasamy Street , District: Mylapore ,Chennai , Tamil Nadu | Disposed |
To see the full case history of Suvidha Parklift 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 Suvidha Parklift Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suvidha Parklift has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Suvidha Parklift Limited, buy the company report.
Recent activity
Suvidha Parklift Limited has 10 board changes on record since 1996: 3 appointments and 7 cessations. The latest: Pranav Poddar ceased to be Managing Director on 01 May 2019.
6 earlier events are in the company report.
Frequently asked questions
Suvidha Parklift is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Suvidha Parklift is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in retail trading, within the trading industry. It was incorporated on 12 August 1996 and is registered under CIN U24111DL1996PLC081132. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Suvidha Parklift has 3 current directors:
- Ajay Kumar Poddar - Director
- Pranav Poddar - Director
- Manisha Matanhelia - Director
The latest financial statements of Suvidha Parklift on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 August 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Suvidha Parklift is U24111DL1996PLC081132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvidha Parklift has no open charges and satisfied charges of ₹46.25 Lakh as per latest MCA filings.
Suvidha Parklift has 24 court cases on record: 8 filed by the company and 16 filed against it. Most are in the high courts.
Suvidha Parklift was incorporated on 12 August 1996. It is registered with the Registrar of Companies, Delhi.
Suvidha Parklift has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹15 Lakh; the latest was in March 2009.
Pranav Poddar ceased to be Managing Director on 01 May 2019. Manisha Matanhelia was appointed as Director on 29 Sep 2014. Anil Kaul ceased to be Director on 30 Jun 2014. Suvidha Parklift has 10 board changes on record in total.
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