Sharad Constructions Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 2.80 M
- Company Age 39 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 80.00 Cr
- Satisfied Charges ₹ 8.15 Cr
- Revenue Growth -1.30%
- Profit Growth 18.17%
- Ebitda -24.50%
- Net Worth 3.64%
- Total Assets 16.83%
About Sharad Constructions
Sharad Constructions Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 1985 and has a history of 39 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Sharad Constructions (Ahmedabad) Private Limited. The Company is engaged in the Infrastructure And Utilities 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 3.00 M and a paid-up capital of Rs 2.80 M.
The company currently has active open charges totaling ₹80.00 Cr. The company has closed loans amounting to ₹8.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandrakant Mehtalia, Vatsal Mehtalia, and Umang Parekh serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U45200MH1985PTC036353
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Company No.
036353
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 May 1985
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Sharad Constructions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umang Parekh
|
Director | 07-Dec-2016 | Current |
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Chandrakant Mehtalia
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Director | 01-Feb-2005 | Current |
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Vatsal Mehtalia
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Director | 01-Jun-2012 | Current |
Financial Performance of Sharad Constructions.
Sharad Constructions Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.3% decrease. The company also saw a substantial improvement in profitability, with a 18.17% increase in profit. The company's net worth moved up by a moderate rise of 3.64%.
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What is the Ownership and Shareholding Structure of Sharad Constructions?
In 2023, Sharad Constructions 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)
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Sharad Constructions Sez Private LimitedChandrakant Mehtalia and Vatsal Mehtalia are mutual person
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Matrix Distributor Private LimitedVatsal Mehtalia is a mutual person
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Matrix Celtronics Private Limited
Vatsal Mehtalia is a mutual person
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Matrix Sports Marketing Private Limited
Vatsal Mehtalia is a mutual person
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Vanila Projects LlpChandrakant Mehtalia and Vatsal Mehtalia are mutual person
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Anupam Fabricators Private Limited
Chandrakant Mehtalia and Vatsal Mehtalia are mutual person
Charges (Loans)
₹800.00 M
₹81.49 M
Charges Breakdown by Lending Institutions
- Others : 40.00 Cr
- Standard Chartered Bank : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2023 | Standard Chartered Bank | ₹20.00 Cr | Open |
| 11 Sep 2023 | Standard Chartered Bank | ₹20.00 Cr | Open |
| 18 Feb 2022 | Others | ₹40.00 Cr | Open |
| 22 Dec 2008 | Kotak Mahindra Bank Limited | ₹1.75 M | Satisfied |
| 24 Mar 2007 | Union Bank Of India | ₹4.50 Cr | Satisfied |
How Many Employees Work at Sharad Constructions?
Sharad Constructions has a workforce of 387 employees as of Mar 30, 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 Sharad Constructions, 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 Sharad Constructions'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.
