Desai Construction Profile
Key Indicators
- Authorised Capital ₹ 4.10 Cr
- Paid Up Capital ₹ 4.08 Cr
- Company Age 37 Year, 24 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 85.00 Cr
- Satisfied Charges ₹ 58.50 Cr
- Revenue Growth 21.13%
- Profit Growth 66.07%
- Ebitda 88.64%
- Net Worth 21.99%
- Total Assets 20.52%
About Desai Construction
Desai Construction Private Limited (DCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 1988 and has a history of 37 years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure And Utilities 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 4.10 Cr and a paid-up capital of Rs 4.08 Cr.
The company currently has active open charges totaling ₹85.00 Cr. The company has closed loans amounting to ₹58.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahendra Desai, Arjun Desai, Sanjay Desai, and Four other members 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
U45201MH1988PTC269690
- Company No.
269690
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Feb 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Infrastructure and Utilities
What products or services does Desai Construction Private Limited offer?
Desai Construction Private Limited offers a wide range of products and services, including Commercial Construction Service, Hotel Construction Service, Residential Construction Projects, House Construction Services, Bungalow Construction Service, Flats Development Services, Apartment Construction, Commercial Buildings Construction.
Who are the key members and board of directors at Desai Construction?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendra Desai  | Whole-Time Director | 08-Feb-1988 | Current |
| Arjun Desai | Whole-Time Director | 08-Feb-1988 | Current |
| Sanjay Desai | Whole-Time Director | 12-Sep-1996 | Current |
| Shivang Desai | Director | 30-Dec-2014 | Current |
| Apurva Desai | Director | 30-Dec-2014 | Current |
| Mehul Desai | Director | 30-Dec-2014 | Current |
Financial Performance of Desai Construction.
Desai Construction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.13% increase. The company also saw a substantial improvement in profitability, with a 66.07% increase in profit. The company's net worth Soared by an impressive increase of 21.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Desai Construction?
In 2022, Desai Construction had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Mahendra Desai is a mutual person
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Shivang Desai is a mutual person
- Sun Imprints Llp
Shivang Desai is a mutual person
Charges (Loans)
Open Charges
₹85.00 Cr
Satisfied Charges
₹58.50 Cr
Charges Breakdown by Lending Institutions
- Others : 85.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Dec 2020 | Others | ₹32.00 Cr | Open |
| 28 Nov 2019 | Others | ₹53.00 Cr | Open |
| 04 Nov 2015 | Icici Bank | ₹20.00 Cr | Satisfied |
| 21 Jul 2010 | Idbi Bank Limited | ₹25.00 Cr | Satisfied |
| 16 Oct 2007 | Indusind Bank Limited | ₹12.00 Cr | Satisfied |
How Many Employees Work at Desai Construction?
Desai Construction has a workforce of 1854 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Desai Construction, 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 Desai Construction's trajectory.
Rating
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
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 Desai Construction
Recent activity within the organization
- Director Appointment
Bhavesh Kishorchandra Desai was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2024 & has been associated with this company since 1 year 17 days .
- Annual General Meeting
Desai Construction Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Desai Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others of Rs. 53.00 Cr registered on 28 Nov 2019 with Charge ID 100310400 was modified on 09 Jun 2022.
- Charges
A charge with Others amounted to Rs. 32.00 Cr with Charge ID 100397282 was registered on 21 Dec 2020.
- Charges
A charge with Others amounted to Rs. 53.00 Cr with Charge ID 100310400 was registered on 28 Nov 2019.
Frequently asked questions
What is the Incorporation or founding date of Desai Construction Private Limited?
Desai Construction Private Limited was incorporated on 08 Feb 1988.
What is authorized share capital and paid-up capital of Desai Construction Private Limited?
The authorized share capital of Desai Construction Private Limited is ₹ 4.10 Cr and paid-up capital is ₹ 4.08 Cr.
Who are the current board members & directors of Desai Construction Private Limited?
Currently 7 directors are associated with Desai Construction Private Limited.
- Mahendra Balvantrai Desai
- Arjun Balvantrai Desai
- Sanjay Manubhai Desai
- Shivang Arjun Desai
- Apurva Arjunbhai Desai
- Mehul Mahendra Desai
- Bhavesh Kishorchandra Desai
What is the registered address of Desai Construction Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Desai Construction Private Limited is 522 5Th Floor Tulsiani Chamber, 212 Nariman Point, Mumbai, Maharashtra, India, 400021.
What is the corporate identification number (CIN) and company number of Desai Construction Private Limited?
The corporate identification number (CIN) of Desai Construction Private Limited is U45201MH1988PTC269690 and the company number is 269690 as per Ministry of Corporate Affairs (MCA).
What is the official website of Desai Construction Private Limited?
The Official website of Desai Construction Private Limited is https://www.desaiconstruction.com
What has been the recent revenue trend for Desai Construction Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Desai Construction Private Limited has risen by 21.13%.
How many employees does Desai Construction Private Limited currently have?
As Per 2023 financial reports, 1854 employees are currently employed by Desai Construction Private Limited.
What change has been observed in the net worth of Desai Construction Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Desai Construction Private Limited has experienced an upsurge of 21.99%.
What are the total open charges for Desai Construction Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Desai Construction Private Limited amount to ₹ 85.00 Cr.
When was the last Balance Sheet of Desai Construction Private Limited filed with the ROC?
The most recent Balance Sheet for Desai Construction Private Limited was filed with the ROC on 31 Mar 2023.
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