Deserve Builders & Developer Limited

Real estate development and construction services for elite projects in Mumbai.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Deserve Builders & Developer Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 13.00 Cr
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 155.00 Cr
  • Revenue Growth 52.65%
  • Profit Growth 85.31%
  • Ebitda -56.97%
  • Net Worth 2.72%
  • Total Assets 2.07%

About Deserve Builders & Developer

Deserve Builders & Developer Limited (DBDL) is a Public Limited Indian Non-Government Company incorporated in India on 19 March 2010 and has a history of 14 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Deserve Builders & Developer Private Limited. 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 13.00 Cr and a paid-up capital of Rs 13.00 Cr.

The company has closed loans amounting to ₹155.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Deserve Builders & Developer Limited India is Palak Mehta as COMPANY SECRETARY. Utkarsh Sarda, Manish Sarda, and Santosh Sarda serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    deserve.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102MH2010PLC201082

  • Company No.

    201082

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 2010

  • 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

Who are the key members and board of directors at Deserve Builders & Developer?

Executive Team (1)

NameDesignationAppointment DateStatus
Palak Mehta Country flag representing In Company Secretary30-Apr-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Utkarsh Sarda Country flag representing In Director 20-May-2014Current
Manish Sarda Country flag representing In Director 24-Mar-2010Current
Santosh Sarda Country flag representing In Director 19-Mar-2010Current

Financial Performance of Deserve Builders & Developer.

Deserve Builders & Developer Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.65% increase. The company also saw a substantial improvement in profitability, with a 85.31% increase in profit. The company's net worth moved up by a moderate rise of 2.72%.

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
52.65%
Revenue from Operations
Total Assets
2.07%
Profit or Loss
85.31%
Net Worth
2.72%
EBITDA
-56.97%

What is the Ownership and Shareholding Structure of Deserve Builders & Developer?

In 2023, Deserve Builders & Developer 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

₹0

Satisfied Charges

₹155.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 105.00 Cr
  • Dewan Housing Finance Corporation Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Oct 2017Others₹105.00 CrSatisfied
30 Jun 2015Dewan Housing Finance Corporation Limited₹50.00 CrSatisfied

How Many Employees Work at Deserve Builders & Developer?

Deserve Builders & Developer has a workforce of 6 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 Deserve Builders & Developer, 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 Deserve Builders & Developer'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 Deserve Builders & Developer

Recent activity within the organization

  • Director Appointment

    Palak Viraj Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 30 Apr 2024 & has been associated with this company since 9 months 24 days .

    30 Apr 2024

  • Charges

    A charge registered on 12 Oct 2017 via Charge ID 100145268 with Others was fully satisfied on 14 Dec 2023.

    14 Dec 2023

  • Annual General Meeting

    Deserve Builders & Developer Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Deserve Builders & Developer 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 of Rs. 105.00 Cr registered on 12 Oct 2017 with Charge ID 100145268 was modified on 19 Jan 2018.

    19 Jan 2018

  • Charges

    A charge registered on 30 Jun 2015 via Charge ID 10579220 with Dewan Housing Finance Corporation Limited was fully satisfied on 15 Dec 2017.

    15 Dec 2017

Frequently asked questions

  • Deserve Builders & Developer Limited was incorporated on 19 Mar 2010.

  • The authorized share capital of Deserve Builders & Developer Limited is ₹ 13.00 Cr and paid-up capital is ₹ 13.00 Cr.

  • Currently 4 directors are associated with Deserve Builders & Developer Limited.

    • Palak Viraj Mehta
    • Utkarsh Santosh Sarda
    • Manish Laxman Sarda
    • Santosh Kumar Sarda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Deserve Builders & Developer Limited is Deserve Cst Road Junction Opp. University Of Premises Kalina, Santacruz (East) India, Mumbai, Maharashtra, 400098.

  • The corporate identification number (CIN) of Deserve Builders & Developer Limited is U70102MH2010PLC201082 and the company number is 201082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Deserve Builders & Developer Limited is https://www.deserve.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Deserve Builders & Developer Limited has risen by 52.65%.

  • As Per 2023 financial reports, 6 employees are currently employed by Deserve Builders & Developer Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Deserve Builders & Developer Limited has experienced an upsurge of 2.72%.

  • The most recent Balance Sheet for Deserve Builders & Developer Limited was filed with the ROC on 31 Mar 2023.

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