Sincere Developers Pvt. Ltd.

Real estate development and construction company with a diverse portfolio of properties.

1993 | New Delhi, Delhi (India) | Active
Last Updated:

Sincere Developers Profile

Key Indicators

  • Authorised Capital ₹ 8.50 Cr
  • Paid Up Capital ₹ 7.91 Cr
  • Company Age 31 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 342.07 Cr
  • Satisfied Charges ₹ 53.00 Cr
  • Revenue Growth 95.33%
  • Profit Growth 270.15%
  • Ebitda 401.06%
  • Net Worth 13.63%
  • Total Assets 7.31%

About Sincere Developers

Sincere Developers Pvt. Ltd. (SDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 1993 and has a history of 31 years and five months. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as Excel Sales Private Limited. The Company is engaged in the Travel And Hospitality 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 8.50 Cr and a paid-up capital of Rs 7.91 Cr.

The company currently has active open charges totaling ₹342.07 Cr. The company has closed loans amounting to ₹53.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gulab Chand, Paritosh Ladhani, Alka Ladhani, and Three other members serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101DL1993PTC235601

  • Company No.

    235601

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Travel and Hospitality

Who are the key members and board of directors at Sincere Developers?

Board Members (6)

NameDesignationAppointment DateStatus
Gulab Chand Country flag representing In Director 15-Mar-2004Current
Paritosh Ladhani Country flag representing In Director 15-Mar-2004Current
Alka Ladhani Country flag representing In Director 12-Mar-2014Current
Kaushalya Devi Country flag representing In Director 01-Mar-2008Current
Ekansh Ladhani Country flag representing In Director 09-Jul-2009Current
Lata Ladhani Country flag representing In Director 01-Mar-2012Current

Financial Performance of Sincere Developers.

Sincere Developers Pvt. Ltd., for the financial year ended 2023, experienced significant growth in revenue, with a 95.33% increase. The company also saw a substantial improvement in profitability, with a 270.15% increase in profit. The company's net worth Soared by an impressive increase of 13.63%.

Sincere Developers revenue growth over time
Sincere Developers 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
95.33%
Revenue from Operations
97.49%
Total Assets
7.31%
Profit or Loss
270.15%
Net Worth
13.63%
EBITDA
401.06%

What is the Ownership and Shareholding Structure of Sincere Developers?

In 2023, Sincere 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹342.07 Cr

Satisfied Charges

₹53.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 342.07 Cr

Latest Charge Details

DateLenderAmountStatus
11 Nov 2022Hdfc Bank Limited₹18.07 CrOpen
10 Aug 2011Hdfc Bank Limited₹324.00 CrOpen
23 Feb 2022Others₹50.00 CrSatisfied
04 Jul 2009Bank Of India₹3.00 CrSatisfied

How Many Employees Work at Sincere Developers?

Sincere Developers has a workforce of 263 employees as of Mar 28, 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.

Employee growth trends for Sincere Developers Pvt. Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sincere 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 Sincere Developers'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 Sincere Developers

Recent activity within the organization

  • Annual General Meeting

    Sincere Developers Pvt. Ltd. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 324.00 Cr registered on 10 Aug 2011 with Charge ID 10308811 was modified on 14 Aug 2023.

  • Charges

    A charge registered on 23 Feb 2022 via Charge ID 100555583 with Others was fully satisfied on 01 Aug 2023.

  • Balance Sheet

    Sincere Developers Pvt. Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.07 Cr registered on 11 Nov 2022 with Charge ID 100652411 was modified on 09 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.07 Cr with Charge ID 100652411 was registered on 11 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sincere Developers Pvt. Ltd.?

    Sincere Developers Pvt. Ltd. was incorporated on 13 Sep 1993.

  • What is authorized share capital and paid-up capital of Sincere Developers Pvt. Ltd.?

    The authorized share capital of Sincere Developers Pvt. Ltd. is ₹ 8.50 Cr and paid-up capital is ₹ 7.91 Cr.

  • Who are the current board members & directors of Sincere Developers Pvt. Ltd.?

    Currently 6 directors are associated with Sincere Developers Pvt. Ltd..

    • Gulab Chand
    • Paritosh Ladhani
    • Alka Ladhani
    • Kaushalya Devi
    • Ekansh Ladhani
    • Lata Ladhani

  • What is the registered address of Sincere Developers Pvt. Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sincere Developers Pvt. Ltd. is 3/16 West Patel Nagar, New Delhi, India, 110008.

  • What is the corporate identification number (CIN) and company number of Sincere Developers Pvt. Ltd.?

    The corporate identification number (CIN) of Sincere Developers Pvt. Ltd. is U70101DL1993PTC235601 and the company number is 235601 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Sincere Developers Pvt. Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sincere Developers Pvt. Ltd. has risen by 95.33%.

  • How many employees does Sincere Developers Pvt. Ltd. currently have?

    As Per 2023 financial reports, 263 employees are currently employed by Sincere Developers Pvt. Ltd..

  • What change has been observed in the net worth of Sincere Developers Pvt. Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sincere Developers Pvt. Ltd. has experienced an upsurge of 13.63%.

  • What are the total open charges for Sincere Developers Pvt. Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Sincere Developers Pvt. Ltd. amount to ₹ 342.07 Cr.

  • When was the last Balance Sheet of Sincere Developers Pvt. Ltd. filed with the ROC?

    The most recent Balance Sheet for Sincere Developers Pvt. Ltd. was filed with the ROC on 31 Mar 2023.

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