Clover Developers Private Limited

Develops and trades non-residential buildings and electricity, offering construction and real estate services.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: July 05, 2024

Clover Developers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 29.20 Cr
  • Satisfied Charges ₹ 5.81 Cr
  • Revenue Growth 65.43%
  • Profit Growth 129.06%
  • Ebitda 27.69%
  • Net Worth 58.15%
  • Total Assets 13.14%

About Clover Developers

Clover Developers Private Limited (CDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 1984 and has a history of 40 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Gargi Construction Co Pvt Ltd. 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 2.00 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹29.20 Cr. The company has closed loans amounting to ₹5.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhiren Nandu and Raj Bhansali serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200MH1984PTC034153

  • Company No.

    034153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1984

  • 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

What products or services does Clover Developers Private Limited offer?

Clover Developers Private Limited offers a wide range of products and services, including Metal Pipe & Plumbing Fittings, Pipe Clamps, Real Estate Agent & Property Dealers, Real Estate Services, Yarns & Threads, Textile Yarn.

Who are the key members and board of directors at Clover Developers?

Board Members (2)

Name Designation Appointment Date Status
Dhiren Nandu Country flag representing In Director 30-Aug-1999 Current
Raj Bhansali Country flag representing In Director 25-Apr-2014 Current

Financial Performance of Clover Developers.

Clover Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.43% increase. The company also saw a substantial improvement in profitability, with a 129.06% increase in profit. The company's net worth Soared by an impressive increase of 58.15%.

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
65.43%
Revenue from Operations
461.82%
Total Assets
13.14%
Profit or Loss
129.06%
Net Worth
58.15%
EBITDA
27.69%

What is the Ownership and Shareholding Structure of Clover Developers?

In 2023, Clover Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.20 Cr

Satisfied Charges

₹5.81 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.00 Cr
  • Bajaj Finance Limited : 14.20 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2016 Others ₹15.00 Cr Open
15 Feb 2016 Bajaj Finance Limited ₹14.20 Cr Open
07 May 2007 Oriental Bank Of Commerce Ltd. ₹5.81 Cr Satisfied

How Many Employees Work at Clover Developers?

Clover Developers has a workforce of 33 employees as of Apr 07, 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 Clover 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 Clover 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 Clover Developers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100050752 was registered on 31 Aug 2016.

    31 Aug 2016

  • Charges

    A charge with Bajaj Finance Limited amounted to Rs. 14.20 Cr with Charge ID 10624848 was registered on 15 Feb 2016.

    15 Feb 2016

  • Director Appointment

    Raj Kanaksen Bhansali was appointed as a Director was appointed as a Director on 25 Apr 2014 & has been associated with this company since 10 years 9 months .

    25 Apr 2014

  • Charges

    A charge registered on 07 May 2007 via Charge ID 10055225 with Oriental Bank Of Commerce Ltd. was fully satisfied on 06 Apr 2010.

    06 Apr 2010

Recent News, Updates & Announcement

Frequently asked questions

  • Clover Developers Private Limited was incorporated on 29 Sep 1984.

  • The authorized share capital of Clover Developers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Clover Developers Private Limited.

    • Dhiren Popatlal Nandu
    • Raj Kanaksen Bhansali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Clover Developers Private Limited is 5015 FloorAashirwad Bldg.Plot No.471/BRd No.33 H Adenwala Rd Maheswari UdyanKing Circ, LeMatunga, Mumbai, Maharashtra, India, 400019.

  • The corporate identification number (CIN) of Clover Developers Private Limited is U45200MH1984PTC034153 and the company number is 034153 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Clover Developers Private Limited is https://www.cloverbuilders.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Clover Developers Private Limited has risen by 65.43%.

  • As Per 2023 financial reports, 33 employees are currently employed by Clover Developers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Clover Developers Private Limited has experienced an upsurge of 58.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Clover Developers Private Limited amount to ₹ 29.20 Cr.

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

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