About Topaim Properties Private Limited
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Topaim Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Selco Investment International Ltd. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 17 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC083044. Its GSTIN is 27AAACT3722B1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.5 Cr. It is led by directors Jagdish Bhagwandas Ahuja and Gautam Jagdish Ahuja.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ground Flr Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.71 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Cr (net margin -94%) and EBITDA of -₹82.24 Lakh (EBITDA margin -48%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 43% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹24.27 Cr on record. Court records list 270 cases involving the company, including 67 filed by the company and 203 filed against it; 67 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 auramarble.com.
Company details
Contact details
Topaim Properties Private Limited's registered office is in Mumbai, Maharashtra. Its website is auramarble.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGround Flr Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Topaim Properties 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 Topaim Properties is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Topaim Properties Private Limited, buy the company report.
Financials of Topaim Properties Private Limited
FY 2020 filings availableTopaim Properties Private Limited reported revenue of ₹1.71 Cr (down 86% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 86% fall in the latest year. EBITDA fell 184% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹82.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.61 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48% | ||||
| Net Profit Margin | -94% | ||||
| 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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| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Topaim Properties Private Limited, buy the company report.
Board of directors of Topaim Properties Private Limited
Topaim Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdish Bhagwandas Ahuja Also directs: Parkville Properties LLP, Valantine Constructions Private Limited, Jaigopal Consultancy Services Private Limited and 5 more | Director | 01 Mar 1997 | 29 Years 8 Months | Current |
| Gautam Jagdish Ahuja Also directs: Parkville Properties LLP, Jaigopal Consultancy Services Private Limited, Keepsade Properties Private Limited and 3 more | Director | 27 Jul 2006 | 20 Years 3 Months | Current |
Auditor
Topaim Properties Private Limited is audited by MANJUNATH GOWDA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANJUNATH GOWDA & ASSOCIATES | FY 2020 | 123659W |
Shareholding
The shareholding of Topaim Properties Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Topaim Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2021 | 100467770 | Others | ₹5 Cr | Open | |
| 29 Oct 2009 | 10187640 | The Cosmos Co-Operative Bank Limited | ₹8.25 Cr | Satisfied | |
| 25 Sep 2009 | 10180792 | The Cosmos Co-Operative Bank Limited | ₹1 Cr | Satisfied | |
| 26 Mar 2009 | 10220544 | The Cosmos Co-Operative Bank Limited | ₹4.35 Cr | Satisfied | |
| 10 Dec 2004 | 90158516 | The Cosmos Co-Op. Bank Ltd. | ₹5 Cr | Satisfied |
To see the full charge records of Topaim Properties Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Topaim Properties Private Limited has 270 court cases on record: 67 filed by Topaim Properties, 203 filed against it. 67 cases are pending and 203 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 213 | 147 | 60 |
| High courts | 49 | 48 | 7 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 270)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Glass Wall Systems India Limited and 2 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Glass Wall Systems India Limited | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Magic Properties Pvt. Ltd. and Ors | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Cupino Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by an individual | Pending |
To see the full case history of Topaim Properties 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 Topaim Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Topaim Properties Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Topaim Properties has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT3722B1ZU | Maharashtra | Active | 01 Jul 2017 |
| 26AAACT3722B1ZW | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Topaim Properties Private Limited, buy the company report.
Recent activity
Topaim Properties Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Jagdish Bhagwandas Ahuja ceased to be Director on 10 Nov 2017.
10 earlier events are in the company report.
Frequently asked questions
Topaim Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 17 November 1994 (32+ years old) and is registered under CIN U45200MH1994PTC083044.
Topaim Properties has 2 current directors:
- Jagdish Bhagwandas Ahuja - Director
- Gautam Jagdish Ahuja - Director
The latest financial statements of Topaim Properties on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Topaim Properties is 27AAACT3722B1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AAACT3722B1ZW (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Topaim Properties is U45200MH1994PTC083044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Topaim Properties has 270 court cases on record: 67 filed by the company and 203 filed against it. 67 are pending. Most are in the district courts.
Topaim Properties was incorporated on 17 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Jagdish Bhagwandas Ahuja ceased to be Director on 10 Nov 2017. Gautam Jagdish Ahuja was appointed as Director on 27 Jul 2006. Jagdish Bhagwandas Ahuja was appointed as Director on 01 Mar 1997.
Topaim Properties can be reached through the website auramarble.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Topaim Properties is at Ground Flr Rajpipla Opp. Standard Chartered Bank Linking Road Santacruz West, Mumbai, Maharashtra, India – 400054.
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