Balan And Chheda Developers Private Limited

Real estate development and construction services since 1996 in Mumbai.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 09, 2024

Balan And Chheda Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.74 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 45.32 Cr
  • Revenue Growth -66.36%
  • Profit Growth -88.46%
  • Ebitda -82.32%
  • Net Worth -1.02%
  • Total Assets -8.06%

About Balan And Chheda Developers

Balan And Chheda Developers Private Limited (BACDPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 May 1996 and has a history of 28 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.74 M.

The company has closed loans amounting to ₹45.32 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Satish Balan, Dungarshi Chheda, and Vasant Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100MH1996PTC099524

  • Company No.

    099524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Balan And Chheda Developers?

Board Members (3)

NameDesignationAppointment DateStatus
Satish Balan Country flag representing In Director 15-May-1996Current
Dungarshi Chheda Country flag representing In Director 15-May-1996Current
Vasant Shetty Country flag representing In Director 06-Feb-2024Current

Financial Performance of Balan And Chheda Developers.

Balan And Chheda Developers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 66.36% decrease. The company also saw a substantial fall in profitability, with a 88.46% decrease in profit. The company's net worth dipped by a decrease of 1.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-66.36%
Revenue from Operations
-67.29%
Total Assets
-8.06%
Profit or Loss
-88.46%
Net Worth
-1.02%
EBITDA
-82.32%

What is the Ownership and Shareholding Structure of Balan And Chheda Developers?

In 2022, Balan And Chheda Developers had a promoter holding of 86.92% and a public holding of 13.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹45.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 40.62 Cr
  • The Saraswat Co-Op Bank Ltd : 3.00 Cr
  • Kotak Mahindra Bank Limited : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2018Others₹6.17 MSatisfied
01 Jul 2016Others₹20.00 CrSatisfied
28 Jun 2016Others₹20.00 CrSatisfied
30 Jan 2013Kotak Mahindra Bank Limited₹1.70 CrSatisfied
30 Dec 2006The Saraswat Co-Op Bank Ltd₹3.00 CrSatisfied

How Many Employees Work at Balan And Chheda Developers?

Balan And Chheda Developers has a workforce of 3 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balan And Chheda Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Balan And Chheda Developers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Balan And Chheda Developers

Recent activity within the organization

  • Director Appointment

    Vasant Thimmaya Shetty was appointed as a Director was appointed as a Director on 06 Feb 2024 & has been associated with this company since 1 year 19 days .

    06 Feb 2024

  • Annual General Meeting

    Balan And Chheda Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 01 Jul 2016 via Charge ID 100043268 with Others was fully satisfied on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge registered on 28 Jun 2016 via Charge ID 100043263 with Others was fully satisfied on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge registered on 07 Jun 2018 via Charge ID 100190326 with Others was fully satisfied on 14 Aug 2023.

    14 Aug 2023

  • Balance Sheet

    Balan And Chheda Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Balan And Chheda Developers Private Limited was incorporated on 15 May 1996.

  • The authorized share capital of Balan And Chheda Developers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.74 M.

  • Currently 3 directors are associated with Balan And Chheda Developers Private Limited.

    • Satish Balan
    • Dungarshi Rayshi Chheda
    • Vasant Thimmaya Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Balan And Chheda Developers Private Limited is A.F.F 83/A N.G Acharya Marg, Chembur India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Balan And Chheda Developers Private Limited is U70100MH1996PTC099524 and the company number is 099524 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Balan And Chheda Developers Private Limited has fallen by -66.36%.

  • As Per 2022 financial reports, 3 employees are currently employed by Balan And Chheda Developers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Balan And Chheda Developers Private Limited has experienced an downturn of -1.02%.

  • The most recent Balance Sheet for Balan And Chheda Developers Private Limited was filed with the ROC on 31 Mar 2023.