Mainstreet Developers Private Limited

Develops and trades residential buildings.

2015 | Patiala, Punjab (India) | Active
Last Updated: December 27, 2024

Mainstreet Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 69.00 Cr
  • Revenue Growth 87.13%
  • Profit Growth -62.78%
  • Ebitda -28.68%
  • Net Worth 2.60%
  • Total Assets 13.23%

About Mainstreet Developers

Mainstreet Developers Private Limited (MDPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 February 2015 (Nine years and 11 months 28 days old ). Its registered office is in Patiala, Punjab, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹69.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Binder Mittal and Bharat Mittal serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    joy-nest.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109PB2015PTC039289

  • Company No.

    039289

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Real Estate and Construction

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

Board Members (2)

NameDesignationAppointment DateStatus
Binder Mittal Country flag representing In Director 27-Feb-2015Current
Bharat Mittal Country flag representing In Director 27-Feb-2015Current

Financial Performance of Mainstreet Developers.

Mainstreet Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.13% increase. The company also saw a substantial fall in profitability, with a 62.78% decrease in profit. The company's net worth moved up by a moderate rise of 2.6%.

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
87.13%
Revenue from Operations
91.39%
Total Assets
13.23%
Profit or Loss
-62.78%
Net Worth
2.60%
EBITDA
-28.68%

What is the Ownership and Shareholding Structure of Mainstreet Developers?

Unlock access to Mainstreet Developers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹690.00 M

Charges Breakdown by Lending Institutions

  • Others : 69.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Oct 2017Others₹69.00 CrSatisfied

How Many Employees Work at Mainstreet Developers?

Mainstreet Developers has a workforce of 10 employees as of Apr 05, 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 Mainstreet 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 Mainstreet 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 Mainstreet Developers

Recent activity within the organization

  • Annual General Meeting

    Mainstreet Developers 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 24 Oct 2017 via Charge ID 100129917 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 690.00 M registered on 24 Oct 2017 with Charge ID 100129917 was modified on 11 Nov 2021.

    11 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 690.00 M with Charge ID 100129917 was registered on 24 Oct 2017.

    24 Oct 2017

  • Director Appointment

    Binder Pal Mittal was appointed as a Director was appointed as a Director on 27 Feb 2015 & has been associated with this company since 9 years 11 months .

    27 Feb 2015

Frequently asked questions

  • Mainstreet Developers Private Limited was incorporated on 27 Feb 2015.

  • The authorized share capital of Mainstreet Developers Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Mainstreet Developers Private Limited.

    • Binder Pal Mittal
    • Bharat Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mainstreet Developers Private Limited is Joynest Zrk.1, Gazipur Road Village India, Zirakpur, Punjab, 140603.

  • The corporate identification number (CIN) of Mainstreet Developers Private Limited is U70109PB2015PTC039289 and the company number is 039289 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mainstreet Developers Private Limited is https://www.joy-nest.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mainstreet Developers Private Limited has risen by 87.13%.

  • As Per 2023 financial reports, 10 employees are currently employed by Mainstreet Developers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mainstreet Developers Private Limited has experienced an upsurge of 2.60%.

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

People also Viewed

Similar Companies Based on Real Estate Builders & Developers