Desai Construction Profile
Key Indicators
- Authorised Capital ₹ 4.10 Cr
as on 11-07-2024
- Paid Up Capital ₹ 4.08 Cr
as on 11-07-2024
- Company Age 36 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 85.00 Cr
as on 11-07-2024
- Satisfied Charges ₹ 58.50 Cr
as on 11-07-2024
- Revenue 21.13%
(FY 2023)
- Profit 66.07%
(FY 2023)
- Ebitda 88.64%
(FY 2023)
- Net Worth 21.99%
(FY 2023)
- Total Assets 20.52%
(FY 2023)
About Desai Construction
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Dec 2020 | ₹32.00 Cr | Open |
Others Creation Date: 28 Nov 2019 | ₹53.00 Cr | Open |
Icici Bank Creation Date: 04 Nov 2015 | ₹20.00 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.
