Shalimar Corp Limited

Real estate developer and civil work contractor for government authorities.

1988 | New Delhi (India) | Active
Last Updated: January 04, 2025

Shalimar Corp Profile

Key Indicators

  • Authorised Capital ₹ 53.60 Cr
  • Paid Up Capital ₹ 34.67 Cr
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,058.51 Cr
  • Satisfied Charges ₹ 2,179.79 Cr
  • Revenue Growth -20.54%
  • Profit Growth -16.60%
  • Ebitda 104.18%
  • Net Worth 2.65%
  • Total Assets -3.51%

About Shalimar Corp

Shalimar Corp Limited (SCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 August 1988 and has a history of 36 years and six months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Sas Hotels & Properties 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 2024. It's a company limited by shares with an authorized capital of Rs 53.60 Cr and a paid-up capital of Rs 34.67 Cr.

The company currently has active open charges totaling ₹1,058.51 Cr. The company has closed loans amounting to ₹2,179.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shalimar Corp Limited India are Anwar Rizvi as CFO and Atul Vyas as Company Secretary. Khalid Masood, Mohd Masood, Harvinder Sarna, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70100DL1988PLC390006

  • Company No.

    195637

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

What products or services does Shalimar Corp Limited offer?

Shalimar Corp Limited offers a wide range of products and services, including Real Estate Services, Real Estate Developer, Construction Service, Residential Construction Projects, Real Estate Agent & Property Dealers, Decorative Paints and coatings, Shalimar Paint.

Who are the key members and board of directors at Shalimar Corp?

Executive Team (2)

NameDesignationAppointment DateStatus
Anwar Rizvi Country flag representing In CFO15-Sep-2016Current
Atul Vyas Company Secretary15-Sep-2016Current

Board Members (6)

NameDesignationAppointment DateStatus
Kunal Seth Country flag representing In Whole-Time Director 27-May-2016Current
Khalid Masood Country flag representing In Whole-Time Director 03-Oct-2005Current
Mohd Masood Country flag representing In Whole-Time Director 27-Feb-2014Current
Harvinder Sarna Country flag representing In Director 07-Jul-2015Current
Brajesh Seth Country flag representing In Director 22-Jan-2021Current
Trisha Sinha Country flag representing In Director 30-Oct-2020Current

Financial Performance of Shalimar Corp.

Shalimar Corp Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.54% decrease. The company also saw a substantial fall in profitability, with a 16.6% decrease in profit. The company's net worth moved up by a moderate rise of 2.65%.

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
-20.54%
Revenue from Operations
-16.84%
Total Assets
-3.51%
Profit or Loss
-16.60%
Net Worth
2.65%
EBITDA
104.18%

What is the Ownership and Shareholding Structure of Shalimar Corp?

In 2021, Shalimar Corp had a promoter holding of 23.06% and a public holding of 76.94%. The company had 20 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,058.51 Cr

Satisfied Charges

₹2,179.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 830.70 Cr
  • State Bank Of India : 177.00 Cr
  • Hdfc Bank Limited : 49.82 Cr
  • Punjab & Sind Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 2024Hdfc Bank Limited₹1.50 CrOpen
19 Jan 2024Others₹100.03 CrOpen
12 Jan 2024Others₹184.87 CrOpen
12 Jan 2024Others₹35.00 CrOpen
15 Dec 2023Hdfc Bank Limited₹6.92 MOpen

How Many Employees Work at Shalimar Corp?

Shalimar Corp has a workforce of 748 employees as of Apr 07, 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 Shalimar Corp, 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 Shalimar Corp'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 Shalimar Corp

Recent activity within the organization

  • Charges

    A charge registered on 31 Mar 2022 via Charge ID 100565602 with State Bank Of India was fully satisfied on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Shalimar Corp 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 28 Apr 2018 via Charge ID 100175409 with Hdfc Bank Limited was fully satisfied on 13 Jun 2024.

    13 Jun 2024

  • Charges

    A charge registered on 04 Feb 2021 via Charge ID 100420506 with Others was fully satisfied on 24 May 2024.

    24 May 2024

  • Charges

    A charge registered on 29 Jun 2018 via Charge ID 100192671 with Others was fully satisfied on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100928471 was registered on 22 May 2024.

    22 May 2024

Frequently asked questions

  • Shalimar Corp Limited was incorporated on 11 Aug 1988.

  • The authorized share capital of Shalimar Corp Limited is ₹ 53.60 Cr and paid-up capital is ₹ 34.67 Cr.

  • Currently 8 directors are associated with Shalimar Corp Limited.

    • Khalid Masood
    • Mohd Abdullah Masood
    • Harvinder Singh Sarna
    • Kunal Seth
    • Brajesh Narain Seth
    • Trisha Sinha
    • Anwar Mahmood Rizvi
    • Atul Vyas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shalimar Corp Limited is A2/3 F.F., Safdarjung Enclave India, Delhi, 110029.

  • The corporate identification number (CIN) of Shalimar Corp Limited is U70100DL1988PLC390006 and the company number is 195637 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shalimar Corp Limited is https://www.shalimarcorp.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shalimar Corp Limited has fallen by -20.54%.

  • As Per 2022 financial reports, 748 employees are currently employed by Shalimar Corp Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shalimar Corp Limited has experienced an upsurge of 2.65%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shalimar Corp Limited amount to ₹ 1,058.51 Cr.

  • The most recent Balance Sheet for Shalimar Corp Limited was filed with the ROC on 31 Mar 2024.

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