About Xrbia Chakan Developers Private Limited
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Xrbia Chakan Developers Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Xrbia Developers Limited. 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 March 2012.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45209PN2012PTC142553. Its GSTIN is 27AAECG7846F1ZE (Maharashtra).
The company has an authorised share capital of ₹1.35 Lakh and a paid-up capital of ₹1.31 Lakh. It was formerly known as Goodland Landmarks Private Limited. It is led by directors Datta Phale and Kailash Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Office No. 125/126 Patil Plaza Mitramandal Chowk Parvati, Pune, Maharashtra, India – 411009.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.84 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹8.08 Cr (net margin -40.7%) and EBITDA of ₹15.66 Cr (EBITDA margin 78.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 244% over five years.
As per MCA filings, the company has open charges of ₹355 Cr and satisfied charges of ₹55 Cr on record. Court records list 48 cases involving the company, including 34 filed by the company and 14 filed against it; 27 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in June 2015. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is Shirdi Shelters Whitefield Private Limited with revenue of ₹19.87 Cr.
The last known website on record is xrbia.com.
Company details
Contact details
Xrbia Chakan Developers Private Limited's registered office is in Pune, Maharashtra. Its website is xrbia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 125/126 Patil Plaza Mitramandal Chowk Parvati, Pune, Maharashtra, India – 411009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Xrbia Chakan Developers 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 Xrbia Chakan Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Xrbia Chakan Developers Private Limited, buy the company report.
Financials of Xrbia Chakan Developers Private Limited
FY 2021 filings availableXrbia Chakan Developers Private Limited reported revenue of ₹19.84 Cr (down 43% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 244%. EBITDA fell 35% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.84 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹15.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.08 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.9% | ||||
| Net Profit Margin | -40.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Xrbia Chakan Developers Private Limited, buy the company report.
Board of directors of Xrbia Chakan Developers Private Limited
Xrbia Chakan Developers has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Datta Phale | Director | 18 Dec 2024 | 1 Years 10 Months | As last reported |
| Kailash Kumar | Director | 04 Nov 2020 | 5 Years 11 Months | As last reported |
Peer comparison
Xrbia Chakan Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shirdi Shelters Whitefield Private Limited | ₹19.87 Cr (FY 2025) | 681.0% | Chennai, Tamil Nadu, India | |||
| Xrbia Chakan Developers Private Limitedthis company | ₹19.84 Cr (FY 2021) | -₹8.08 Cr | -40.7% | -43.0% | Pune, Maharashtra, India | |
| Classic Build Projects Private Limited | ₹19.82 Cr (FY 2025) | 174.0% | Ahmedabad, Gujarat, India | |||
| Sri Ganraj Buildcon Private Limited | ₹19.82 Cr (FY 2025) | Delhi, India | ||||
| Kesharinandan Prakalpa Private Limited | ₹19.81 Cr (FY 2025) | -9.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Xrbia Chakan Developers Private Limited, buy the company report.
Auditor
Xrbia Chakan Developers Private Limited is audited by RAJNIKANT MISTRY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNIKANT MISTRY & CO | FY 2021 | 127753W |
Shareholding
The shareholding of Xrbia Chakan Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | 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 Xrbia Chakan Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2018 | 100224739 | Others | ₹75 Cr | Open | |
| 12 Jun 2018 | 100187374 | Others | ₹280 Cr | Open | |
| 02 Jun 2016 | 100035827 | State Bank of India | ₹55 Cr | Satisfied |
To see the full charge records of Xrbia Chakan Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Xrbia Chakan Developers Private Limited has 4 deals on record (4 secondary share transfers); the latest was in June 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Xrbia Developers Limited Seller: 4 individuals |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Xrbia Developers Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Xrbia Developers Limited & Shekhar Dattatray Savlekar, Xrbia Developers Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Xrbia Chakan Developers Private Limited has 48 court cases on record: 34 filed by Xrbia Chakan Developers, 14 filed against it. 27 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 11 | 25 |
| High courts | 2 | 0 | 2 |
| NCLT | 2 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Masters Management Consultants (India) Pvt. Ltd. Through Mr. Pradeep Shetty | Pending |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed against the company by Asset Reconstruction Company India Limited Through Its Ao J H Bhavsar | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Asset Reconstruction Company India Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Tricon Infra Buildtech Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Masters Management Consultants (India) Pvt. Ltd. Through Mr. Pradeep Shetty | Disposed |
To see the full case history of Xrbia Chakan Developers 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.
Credit ratings & regulatory alerts
Xrbia Chakan Developers Private Limited was last rated by Icra on 02 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 02 Jan 2019 |
To see the full credit ratings and regulatory alerts of Xrbia Chakan Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Xrbia Chakan Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xrbia Chakan Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG7846F1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Xrbia Chakan Developers Private Limited, buy the company report.
Recent activity
Xrbia Chakan Developers Private Limited has 14 board changes on record since 2012: 2 appointments and 12 cessations. The latest: Ganesh Shantaram Kondhalkar ceased to be Director on 19 Dec 2024.
11 earlier events are in the company report.
Frequently asked questions
Xrbia Chakan Developers 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.
Xrbia Chakan Developers is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 March 2012 and is registered under CIN U45209PN2012PTC142553. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Xrbia Chakan Developers has 2 current directors:
- Datta Phale - Director
- Kailash Kumar - Director
The latest financial statements of Xrbia Chakan Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Xrbia Chakan Developers is U45209PN2012PTC142553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xrbia Chakan Developers has open charges of ₹355 Cr and satisfied charges of ₹55 Cr as per latest MCA filings.
Xrbia Chakan Developers has 48 court cases on record: 34 filed by the company and 14 filed against it. 27 are pending. Most are in the district courts.
Xrbia Chakan Developers was incorporated on 14 March 2012. It is registered with the Registrar of Companies, Pune.
Xrbia Chakan Developers has 4 deals on record (4 secondary share transfers); the latest was in June 2015.
The peers of Xrbia Chakan Developers by revenue are Shirdi Shelters Whitefield Private Limited, Classic Build Projects Private Limited, Sri Ganraj Buildcon Private Limited, Kesharinandan Prakalpa Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ganesh Shantaram Kondhalkar ceased to be Director on 19 Dec 2024. Datta Phale was appointed as Director on 18 Dec 2024. Vaibhav Narendra Gole ceased to be Director on 01 Nov 2021. Xrbia Chakan Developers has 14 board changes on record in total.
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