Sare Shelters Project Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.06 M
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 125.00 Cr
- Satisfied Charges ₹ 313.09 Cr
- Revenue Growth -96.70%
- Profit Growth 55.62%
- Ebitda 59.05%
- Net Worth -1.10%
- Total Assets -0.84%
About Sare Shelters Project
Sare Shelters Project Private Limited (SSPPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 December 2007 and has a history of 17 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Sare Jubilee Shelters 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 5.00 M and a paid-up capital of Rs 2.06 M.
The company currently has active open charges totaling ₹125.00 Cr. The company has closed loans amounting to ₹313.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
Abhishek Gupta, Srinivasan Sivanandam, and Manoj Kumar serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45309TN2007PTC065581
- Company No.
065581
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Dec 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
What products or services does Sare Shelters Project Private Limited offer?
Sare Shelters Project Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Real Estate Services.
Who are the key members and board of directors at Sare Shelters Project?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Gupta  | Director | 17-Jun-2019 | Current |
| Srinivasan Sivanandam | Director | 16-Oct-2017 | Current |
| Manoj Kumar | Additional Director | 27-Nov-2023 | Current |
Financial Performance of Sare Shelters Project.
Sare Shelters Project Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.7% decrease. The company also saw a substantial improvement in profitability, with a 55.62% increase in profit. The company's net worth dipped by a decrease of 1.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sare Shelters Project?
In 2023, Sare Shelters Project 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)
Impact Sare Realty Private LimitedAbhishek Gupta is a mutual person
Impact Sare Magnum Townships Private LimitedAbhishek Gupta is a mutual person
Avon Infracon Private LimitedAbhishek Gupta is a mutual person
- Mingletrend Retail (Opc) Private Limited
Abhishek Gupta is a mutual person
- Sare Facility (Omr) Services Private Limited
Srinivasan Sivanandam is a mutual person
Charges (Loans)
Open Charges
₹1,250.00 M
Satisfied Charges
₹3,130.85 M
Charges Breakdown by Lending Institutions
- Others : 125.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2018 | Others | ₹125.00 Cr | Open |
| 17 Apr 2018 | Others | ₹25.00 Cr | Satisfied |
| 17 Apr 2018 | Others | ₹75.00 Cr | Satisfied |
| 17 Apr 2018 | Others | ₹75.00 Cr | Satisfied |
| 27 Mar 2017 | Others | ₹25.00 Cr | Satisfied |
How Many Employees Work at Sare Shelters Project?
Sare Shelters Project has a workforce of 10 employees as of Mar 31, 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 Sare Shelters Project, 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 Sare Shelters Project'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 Sare Shelters Project
Recent activity within the organization
- Director Appointment
Manoj Kumar was appointed as a Additional Director was appointed as a Additional Director on 27 Nov 2023 & has been associated with this company since 1 year 4 months .
- Charges
A charge registered on 17 Apr 2018 via Charge ID 100186812 with Others was fully satisfied on 20 Nov 2023.
- Charges
A charge registered on 17 Apr 2018 via Charge ID 100186813 with Others was fully satisfied on 07 Nov 2023.
- Annual General Meeting
Sare Shelters Project Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 17 Apr 2018 via Charge ID 100187970 with Others was fully satisfied on 07 Jul 2023.
- Balance Sheet
Sare Shelters Project Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Recent News, Updates & Announcement
Homebuyers Fight Back Against Developer Scam: Seeking Justice for Delayed Possession and Financial Fraud.When you invest in a project in 2012, but it's 2021 and you still don't have your home. Developer promises possession in 2015 but still no sign of completion. Homebuyers file legal case but developer doesn't care. They even committed financial fraud. We need to teach them a lesson and take action to save ourselves from more pain. #HomebuyersStruggle #DeveloperScam #WhereIsMyHome.
- Real estate firms downsize projects to woo homebuyers on a budget | Mint.
The budget segment accounted for 53% of launches in the top nine cities in the first half of 2016.
Frequently asked questions
What is the Incorporation or founding date of Sare Shelters Project Private Limited?
Sare Shelters Project Private Limited was incorporated on 03 Dec 2007.
What is authorized share capital and paid-up capital of Sare Shelters Project Private Limited?
The authorized share capital of Sare Shelters Project Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.06 M.
Who are the current board members & directors of Sare Shelters Project Private Limited?
Currently 3 directors are associated with Sare Shelters Project Private Limited.
- Abhishek Gupta
- Srinivasan Sivanandam
- Manoj Kumar
What is the registered address of Sare Shelters Project Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sare Shelters Project Private Limited is No-182/1B1A1 Land No. 2 Sowbhagya, Vijayam Nagar India, Thiruporur, Tamil Nadu, 603110.
What is the corporate identification number (CIN) and company number of Sare Shelters Project Private Limited?
The corporate identification number (CIN) of Sare Shelters Project Private Limited is U45309TN2007PTC065581 and the company number is 065581 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sare Shelters Project Private Limited?
The Official website of Sare Shelters Project Private Limited is https://www.saregroup.com
What has been the recent revenue trend for Sare Shelters Project Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sare Shelters Project Private Limited has fallen by -96.70%.
How many employees does Sare Shelters Project Private Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Sare Shelters Project Private Limited.
What change has been observed in the net worth of Sare Shelters Project Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sare Shelters Project Private Limited has experienced an downturn of -1.10%.
What are the total open charges for Sare Shelters Project Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sare Shelters Project Private Limited amount to ₹ 125.00 Cr.
When was the last Balance Sheet of Sare Shelters Project Private Limited filed with the ROC?
The most recent Balance Sheet for Sare Shelters Project Private Limited was filed with the ROC on 31 Mar 2023.
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