Narang Developers Private Limited
Provides construction and development services, including building, selling, and contracting for various properties.
1990 | Mumbai, Maharashtra (India) | Under Insolvency
Narang Developers Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.50 M
- Company Age 34 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 52.85 Cr
- Satisfied Charges ₹ 16.00 Cr
- Revenue Growth -20.53%
- Profit Growth 12.13%
- Ebitda 1.91%
- Net Worth -0.17%
- Total Assets 1.94%
About Narang Developers
Narang Developers Private Limited (NDPL) is Under Cirp company established on 09 Nov 1990 with its office registered at Mumbai, Maharashtra, India and has been running since 34 Year, 4 Months with a paid up capital of 2.50 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45200MH1990PTC058917
- Company No.
058917
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Nov 1990
- 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 Narang Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gunit Narang  | Director | 31-Mar-2008 | Current |
| Amit Narang | Director | 24-Jul-1996 | Current |
Financial Performance of Narang Developers.
Narang Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.53% decrease. The company also saw a substantial improvement in profitability, with a 12.13% increase in profit. The company's net worth dipped by a decrease of 0.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Narang Developers?
In 2023, Narang Developers 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)
Sutlej Housing Private LimitedGunit Narang and Amit Narang are mutual person
Navrang Leathers Pvt LtdGunit Narang and Amit Narang are mutual person
Narang Ville Private LimitedGunit Narang and Amit Narang are mutual person
- Csango Industries Private Limited
Gunit Narang and Amit Narang are mutual person
- Baker Technical Services Private Limited
Gunit Narang and Amit Narang are mutual person
- Shree Balaji Homes Pvt Ltd
Gunit Narang and Amit Narang are mutual person
Charges (Loans)
Open Charges
₹528.50 M
Satisfied Charges
₹160.00 M
Charges Breakdown by Lending Institutions
- Sicom Limited : 30.00 Cr
- Others : 15.00 Cr
- Indian Bank : 7.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2018 | Others | ₹15.00 Cr | Open |
| 31 Mar 2017 | Indian Bank | ₹7.85 Cr | Open |
| 30 Sep 2011 | Sicom Limited | ₹9.00 Cr | Open |
| 30 Sep 2011 | Sicom Limited | ₹10.00 Cr | Open |
| 30 Sep 2011 | Sicom Limited | ₹11.00 Cr | Open |
How Many Employees Work at Narang Developers?
Unlock and access historical data on people associated with Narang Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Narang 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 Narang Developers'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 Narang Developers
Recent activity within the organization
- Annual General Meeting
Narang Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Narang Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 150.00 M with Charge ID 100190965 was registered on 03 May 2018.
- Charges
A charge with Indian Bank amounted to Rs. 78.50 M with Charge ID 100091719 was registered on 31 Mar 2017.
- Charges
A charge registered on 10 Sep 2014 via Charge ID 10529121 with Sicom Limited was fully satisfied on 31 Mar 2017.
- Charges
A charge with Sicom Limited amounted to Rs. 150.00 M with Charge ID 10529121 was registered on 10 Sep 2014.
Frequently asked questions
What is the Incorporation or founding date of Narang Developers Private Limited?
Narang Developers Private Limited was incorporated on 09 Nov 1990.
What is authorized share capital and paid-up capital of Narang Developers Private Limited?
The authorized share capital of Narang Developers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Narang Developers Private Limited?
Currently 2 directors are associated with Narang Developers Private Limited.
- Gunit Amit Narang
- Amit Amarchand Narang
What is the registered address of Narang Developers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Narang Developers Private Limited is Narang Manor Plot No 96-B Ground Floor 15Th Road, B Andra-W India, Mumbai, Maharashtra, 400050.
What is the corporate identification number (CIN) and company number of Narang Developers Private Limited?
The corporate identification number (CIN) of Narang Developers Private Limited is U45200MH1990PTC058917 and the company number is 058917 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Narang Developers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Narang Developers Private Limited has fallen by -20.53%.
What change has been observed in the net worth of Narang Developers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Narang Developers Private Limited has experienced an downturn of -0.17%.
What are the total open charges for Narang Developers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Narang Developers Private Limited amount to ₹ 52.85 Cr.
When was the last Balance Sheet of Narang Developers Private Limited filed with the ROC?
The most recent Balance Sheet for Narang Developers Private Limited was filed with the ROC on 31 Mar 2023.
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