Shoreline Development Limited

Develops and promotes plotted communities in Chennai, Tamil Nadu since 1991.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 14, 2025

Shoreline Development Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.78 Cr
  • Revenue Growth 167.40%
  • Profit Growth 503.63%
  • Ebitda 667.53%
  • Net Worth 150.83%
  • Total Assets -15.85%

About Shoreline Development

Shoreline Development Limited (SDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 June 1991 and has a history of 33 years and seven months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹38.78 Cr.

Rajkumar Sethupathy, Latha Sabapathy, Sripriya Sethupathy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shoreline.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101TN1991PLC021021

  • Company No.

    021021

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jun 1991

  • 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

Who are the key members and board of directors at Shoreline Development?

Executive Team (1)

Name Designation Appointment Date Status
Rajkumar Sethupathy Country flag representing In Managing Director 26-Jun-1991 Current

Board Members (4)

Name Designation Appointment Date Status
Latha Sabapathy Country flag representing In Director 26-Jun-1991 Current
Sripriya Sethupathy Country flag representing In Director 07-Jun-1993 Current
Naagarjun Sethuppathy Country flag representing In Director Current
Sneha Sethuppathy Country flag representing In Additional Director 11-May-2024 Current

Financial Performance of Shoreline Development.

Shoreline Development Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 167.4% increase. The company also saw a substantial improvement in profitability, with a 503.63% increase in profit. The company's net worth Soared by an impressive increase of 150.83%.

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
167.40%
Revenue from Operations
164.65%
Total Assets
-15.85%
Profit or Loss
503.63%
Net Worth
150.83%
EBITDA
667.53%

What is the Ownership and Shareholding Structure of Shoreline Development?

In 2022, Shoreline Development had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹387.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 38.78 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2021 Others ₹3.00 Cr Open
18 Aug 2021 Others ₹35.78 Cr Open

How Many Employees Work at Shoreline Development?

Unlock and access historical data on people associated with Shoreline Development, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shoreline Development, 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 Shoreline Development'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 Shoreline Development

Recent activity within the organization

  • Director Appointment

    Sneha Sethuppathy was appointed as a Additional Director was appointed as a Additional Director on 11 May 2024 & has been associated with this company since 9 months 4 days .

    11 May 2024

  • Annual General Meeting

    Shoreline Development Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 357.80 M registered on 18 Aug 2021 with Charge ID 100468755 was modified on 22 Sep 2023.

    22 Sep 2023

  • Balance Sheet

    Shoreline Development Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100480070 was registered on 25 Aug 2021.

    25 Aug 2021

  • Charges

    A charge with Others amounted to Rs. 357.80 M with Charge ID 100468755 was registered on 18 Aug 2021.

    18 Aug 2021

Frequently asked questions

  • Shoreline Development Limited was incorporated on 26 Jun 1991.

  • The authorized share capital of Shoreline Development Limited is ₹ 1.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Shoreline Development Limited.

    • Rajkumar Sethupathy
    • Latha Sabapathy
    • Sripriya Sethupathy
    • Naagarjun Sethuppathy
    • Sneha Sethuppathy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shoreline Development Limited is 27 4Th Main Road Raja Annamalaipuram, India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Shoreline Development Limited is U70101TN1991PLC021021 and the company number is 021021 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shoreline Development Limited is https://www.shoreline.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shoreline Development Limited has risen by 167.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shoreline Development Limited has experienced an upsurge of 150.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shoreline Development Limited amount to ₹ 38.78 Cr.

  • The most recent Balance Sheet for Shoreline Development Limited was filed with the ROC on 31 Mar 2023.