Timoksh Business Private Limited
About Timoksh Business Private Limited
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Timoksh Business 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 14 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2016PTC283636. Its GSTIN is 27AAFCT8718G1Z1 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Timoksh Properties Private Limited. It is led by directors Nirav Jayant Shah and Dipal Nirav Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B/404 Shri Vaastu Siddhi Co – Op. Hsg Soc. Ltd Rajmata Jijabai Road Pump House, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.06 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹22.08 Lakh and EBITDA of -₹1.02 Lakh (EBITDA margin -25.1%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Timoksh Business Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/404 Shri Vaastu Siddhi Co – Op. Hsg Soc. Ltd Rajmata Jijabai Road Pump House, Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Timoksh Business 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 activity of Timoksh Business is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Timoksh Business Private Limited, buy the company report.
Financials of Timoksh Business Private Limited
FY 2022 filings availableTimoksh Business Private Limited reported revenue of ₹4.06 Lakh (down 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 58% fall in the latest year. EBITDA fell 119% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.06 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.08 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.1% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Timoksh Business Private Limited, buy the company report.
Board of directors of Timoksh Business Private Limited
Timoksh Business has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Jayant Shah | Director | 14 Jul 2016 | 10 Years 3 Months | Current |
| Dipal Nirav Shah | Director | 14 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Timoksh Business Private Limited is audited by THAKUR PATEL & GORYAWALA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR PATEL & GORYAWALA | FY 2022 | 114636W |
Shareholding
The shareholding of Timoksh Business Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Timoksh Business Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2017 | 100106634 | The Kunbi Sahakari Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Timoksh Business Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The Kunbi Sahakari Bank Ltd | Disposed |
To see the full case history of Timoksh Business 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 Timoksh Business Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Timoksh Business has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT8718G1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Timoksh Business Private Limited, buy the company report.
Recent activity
Timoksh Business Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Dipal Nirav Shah was appointed as Director on 14 Jul 2016.
Frequently asked questions
Timoksh Business 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 14 July 2016 (10+ years old) and is registered under CIN U70200MH2016PTC283636.
Timoksh Business has 2 current directors:
- Nirav Jayant Shah - Director
- Dipal Nirav Shah - Director
The latest financial statements of Timoksh Business on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Timoksh Business is 27AAFCT8718G1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Timoksh Business is U70200MH2016PTC283636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Timoksh Business has 3 court cases on record: 3 filed against it. 2 are pending.
Timoksh Business was incorporated on 14 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dipal Nirav Shah was appointed as Director on 14 Jul 2016. Nirav Jayant Shah was appointed as Director on 14 Jul 2016.
The registered office of Timoksh Business is at B404 Shri Vaastu Siddhi Co – Op. Hsg Soc. Ltd Rajmata Jijabai Road Pump House, Mumbai, Maharashtra, India – 400093.
Timoksh Business operates in the real estate and construction industry, in the real estate builders and developers segment.
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