Desai Residency Private Limited

Real estate construction and development company based in Maharashtra.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: December 09, 2024

Desai Residency Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 4.83 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 32.00 Cr
  • Satisfied Charges ₹ 341.83 Cr
  • Revenue Growth -2.95%
  • Profit Growth 89.41%
  • Ebitda 120.41%
  • Net Worth -9.37%
  • Total Assets -32.36%

About Desai Residency

Desai Residency Private Limited (DRPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and four months 14 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 5.50 M and a paid-up capital of Rs 4.83 M.

The company currently has active open charges totaling ₹32.00 Cr. The company has closed loans amounting to ₹341.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajay Desai, Dattajirao Desai, Pallavi Desai, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70109MH2018PTC314282

  • Company No.

    314282

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Desai Residency?

Board Members (4)

Name Designation Appointment Date Status
Ajay Desai Country flag representing In Director 20-Sep-2018 Current
Dattajirao Desai Country flag representing In Director 20-Sep-2018 Current
Pallavi Desai Country flag representing In Director 20-Sep-2018 Current
Sarojini Desai Country flag representing In Director 20-Sep-2018 Current

Financial Performance of Desai Residency.

Desai Residency Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.95% decrease. The company also saw a substantial improvement in profitability, with a 89.41% increase in profit. The company's net worth dipped by a decrease of 9.37%.

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
-2.95%
Revenue from Operations
-5.46%
Total Assets
-32.36%
Profit or Loss
89.41%
Net Worth
-9.37%
EBITDA
120.41%

What is the Ownership and Shareholding Structure of Desai Residency?

In 2021, Desai Residency 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

₹320.00 M

Satisfied Charges

₹3,418.34 M

Charges Breakdown by Lending Institutions

  • Others : 32.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Nov 2019 Others ₹32.00 Cr Open
25 Nov 2019 Others ₹113.00 Cr Satisfied
30 Jul 2019 Indian Bank ₹8.34 M Satisfied
20 Sep 2018 Others ₹125.00 Cr Satisfied
11 Jun 2018 Others ₹103.00 Cr Satisfied

How Many Employees Work at Desai Residency?

Desai Residency has a workforce of 10 employees as of Apr 09, 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 Desai Residency, 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 Residency'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 Desai Residency

Recent activity within the organization

  • Charges

    A charge registered on 25 Nov 2019 via Charge ID 100352407 with Others was fully satisfied on 18 Nov 2024.

    18 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 30 Jul 2019 via Charge ID 100284444 with Indian Bank was fully satisfied on 25 Sep 2024.

    25 Sep 2024

  • Balance Sheet

    Desai Residency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 20 Sep 2018 via Charge ID 100219337 with Others was fully satisfied on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge registered on 11 Jun 2018 via Charge ID 100188239 with Others was fully satisfied on 24 Aug 2020.

    24 Aug 2020

Frequently asked questions

  • Desai Residency Private Limited was incorporated on 20 Sep 2018.

  • The authorized share capital of Desai Residency Private Limited is ₹ 5.50 M and paid-up capital is ₹ 4.83 M.

  • Currently 4 directors are associated with Desai Residency Private Limited.

    • Ajay Dattajirao Desai
    • Dattajirao Chudappa Desai
    • Pallavi Ajay Desai
    • Sarojini Dattajirao Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desai Residency Private Limited is 601 A Wing 6Th Floor Naman Midtown Senapati Bapat Marg Elphinstone, Prabhadevi(West) India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Desai Residency Private Limited is U70109MH2018PTC314282 and the company number is 314282 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Desai Residency Private Limited is https://www.sparkdevelopers.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Desai Residency Private Limited has fallen by -2.95%.

  • As Per 2022 financial reports, 10 employees are currently employed by Desai Residency Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Desai Residency Private Limited has experienced an downturn of -9.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Desai Residency Private Limited amount to ₹ 32.00 Cr.

  • The most recent Balance Sheet for Desai Residency Private Limited was filed with the ROC on 31 Mar 2024.