Urvi Build Tech Limited
About Urvi Build Tech Limited
Data last updated:
Urvi Build Tech Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hubtown Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 July 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U15400MH1996PLC101031. Its GSTIN is 27AABCN3508J1ZI (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Kamal Babulal Matalia and Bhavik Bharatbhai Shah.
Its last annual general meeting (AGM) was held on 17 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹76.67 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹1.04 Cr (net margin -135.2%) and EBITDA of ₹10.86 Lakh (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company had satisfied charges of ₹4 Cr on record.
Company details
CIN history
Urvi Build Tech has one previous CIN (Corporate Identification Number): L15400MH1996PLC101031. The current CIN is U15400MH1996PLC101031, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15400MH1996PLC101031 | Current |
| L15400MH1996PLC101031 | Previous |
Contact details
Urvi Build Tech Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri (E), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Urvi Build Tech 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 Urvi Build Tech is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Urvi Build Tech Limited, buy the company report.
Financials of Urvi Build Tech Limited
FY 2019 filings availableUrvi Build Tech Limited reported revenue of ₹76.67 Lakh (down 92% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 92% fall in the latest year. EBITDA fell 99% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.04 Cr | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | -135.2% | ||||
| 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 Urvi Build Tech Limited, buy the company report.
Board of directors of Urvi Build Tech Limited
Urvi Build Tech 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 |
|---|---|---|---|---|
| Kamal Babulal Matalia | Director | 23 Dec 2006 | 19 Years 10 Months | As last reported |
| Bhavik Bharatbhai Shah Also directs: Formula Trading Private Limited | Director | 12 Mar 2015 | 11 Years 7 Months | As last reported |
| Jasmin Pranlal Rathod | Director | 28 Sep 2016 | 10 Years 0 Months | As last reported |
Auditor
Urvi Build Tech Limited is audited by M K GOHEL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M K GOHEL & ASSOCIATES | FY 2016 | 103256W |
Shareholding
The shareholding of Urvi Build Tech 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 Urvi Build Tech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2009 | 10182181 | Idbi Trusteeship Services Limited | ₹4 Cr | Satisfied |
To see the full charge records of Urvi Build Tech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Urvi Build Tech Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Urvi Build Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Urvi Build Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN3508J1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Urvi Build Tech Limited, buy the company report.
Recent activity
Urvi Build Tech Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Jasmin Pranlal Rathod ceased to be Additional Director on 28 Aug 2017.
3 earlier events are in the company report.
Frequently asked questions
Urvi Build Tech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Urvi Build Tech was a public limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 July 1996 and is registered under CIN U15400MH1996PLC101031. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Urvi Build Tech was incorporated on 15 July 1996. It is registered with the Registrar of Companies, Mumbai.
Urvi Build Tech had 3 directors:
- Kamal Babulal Matalia - Director
- Bhavik Bharatbhai Shah - Director
- Jasmin Pranlal Rathod - Director
The CIN (Corporate Identification Number) of Urvi Build Tech is U15400MH1996PLC101031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Urvi Build Tech is at Unit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri E, Mumbai, Maharashtra, India – 400093.
The latest financial statements of Urvi Build Tech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 17 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Urvi Build Tech is 27AABCN3508J1ZI, registered in Maharashtra.
Urvi Build Tech operated in the real estate and construction industry, in the real estate builders and developers segment.
Jasmin Pranlal Rathod ceased to be Additional Director on 28 Aug 2017. Jasmin Pranlal Rathod was appointed as Director on 28 Sep 2016. Bhavik Bharatbhai Shah ceased to be Additional Director on 28 Sep 2015. Urvi Build Tech has 10 board changes on record in total.