Cornerstone Developers Private Limited

Develops and operates various properties, including land, buildings, and estates.

2007 | Kolkata, West Bengal (India) | Active
Last Updated:

Cornerstone Developers Profile

Key Indicators

  • Authorised Capital ₹ 5.20 M
  • Paid Up Capital ₹ 5.14 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 17.31 Cr
  • Revenue Growth 66.67%
  • Profit Growth -6163.92%
  • Ebitda 36.87%
  • Net Worth -3.07%
  • Total Assets 0.08%

About Cornerstone Developers

Cornerstone Developers Private Limited (CDPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 March 2007 and has a history of 18 years and one month. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.20 M and a paid-up capital of Rs 5.14 M.

The company has closed loans amounting to ₹17.31 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Raj Goenka and Rajeev Goenka serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200WB2007PTC114092

  • Company No.

    114092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Company report

Cornerstone Developers Private Limited

Explore comprehensive data for Cornerstone Developers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Rajeev Goenka Country flag representing In Director 05-Apr-2019Current
Raj Goenka Country flag representing In Director 05-Mar-2012Current

Financial Performance of Cornerstone Developers.

Cornerstone Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 66.67% increase. The company also saw a substantial fall in profitability, with a 6163.92% decrease in profit. The company's net worth dipped by a decrease of 3.07%.

Cornerstone Developers revenue growth over time
Cornerstone Developers 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
66.67%
Revenue from Operations
Total Assets
0.08%
Profit or Loss
-6163.92%
Net Worth
-3.07%
EBITDA
36.87%

What is the Ownership and Shareholding Structure of Cornerstone Developers?

In 2023, Cornerstone Developers had a promoter holding of 61.09% and a public holding of 38.91%. 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

₹173.08 M

Charges Breakdown by Lending Institutions

  • Others : 11.04 Cr
  • Tata Capital Housing Finance Limited : 4.90 Cr
  • Tata Capital Financial Services Limited : 1.37 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2020Others₹1.61 CrSatisfied
30 Nov 2017Others₹9.43 CrSatisfied
24 Apr 2013Tata Capital Financial Services Limited₹1.37 CrSatisfied
29 Feb 2012Tata Capital Housing Finance Limited₹4.90 CrSatisfied

How Many Employees Work at Cornerstone Developers?

Unlock and access historical data on people associated with Cornerstone Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Cornerstone Developers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cornerstone 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 Cornerstone 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 Cornerstone Developers

Recent activity within the organization

  • Annual General Meeting

    Cornerstone Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Cornerstone Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 15 Oct 2020 via Charge ID 100376815 with Others was fully satisfied on 28 Mar 2024.

  • Charges

    A charge registered on 30 Nov 2017 via Charge ID 100138625 with Others was fully satisfied on 28 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 16.08 M with Charge ID 100376815 was registered on 15 Oct 2020.

  • Charges

    A charge registered on 24 Apr 2013 via Charge ID 10421455 with Tata Capital Financial Services Limited was fully satisfied on 14 Jan 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Cornerstone Developers Private Limited?

    Cornerstone Developers Private Limited was incorporated on 12 Mar 2007.

  • What is authorized share capital and paid-up capital of Cornerstone Developers Private Limited?

    The authorized share capital of Cornerstone Developers Private Limited is ₹ 5.20 M and paid-up capital is ₹ 5.14 M.

  • Who are the current board members & directors of Cornerstone Developers Private Limited?

    Currently 2 directors are associated with Cornerstone Developers Private Limited.

    • Raj Goenka
    • Rajeev Goenka

  • What is the registered address of Cornerstone Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cornerstone Developers Private Limited is Kanan Ground Floor Fl-04 16, Belvedere Road India, Kolkata, West Bengal, 700027.

  • What is the corporate identification number (CIN) and company number of Cornerstone Developers Private Limited?

    The corporate identification number (CIN) of Cornerstone Developers Private Limited is U45200WB2007PTC114092 and the company number is 114092 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Cornerstone Developers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cornerstone Developers Private Limited has risen by 66.67%.

  • What change has been observed in the net worth of Cornerstone Developers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cornerstone Developers Private Limited has experienced an downturn of -3.07%.

  • When was the last Balance Sheet of Cornerstone Developers Private Limited filed with the ROC?

    The most recent Balance Sheet for Cornerstone Developers Private Limited was filed with the ROC on 31 Mar 2024.

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