South City Projects (Kolkata) Limited

Real estate development, commercial and residential projects, pan-India presence, diverse business segments.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: July 03, 2024

South City Projects (Kolkata) Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,491.88 Cr
  • Satisfied Charges ₹ 3,512.41 Cr
  • Revenue Growth 65.69%
  • Profit Growth 338.72%
  • Ebitda -6.48%
  • Net Worth 20.30%
  • Total Assets -4.96%

About South City Projects (Kolkata)

South City Projects (Kolkata) Limited (SCPKL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 April 1995 and has a history of 29 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Damodar Valley Papers 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 8.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹1,491.88 Cr. The company has closed loans amounting to ₹3,512.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at South City Projects (Kolkata) Limited India is Parimal Ajmera as COMPANY SECRETARY. Sentu Sardar, Jugal Khetawat, Hari Marda, and Six other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    southcityprojects.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21019WB1995PLC071252

  • Company No.

    071252

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

What products or services does South City Projects (Kolkata) Limited offer?

South City Projects (Kolkata) Limited offers a wide range of products and services, including Rice, Long Grain Rice.

Who are the key members and board of directors at South City Projects (Kolkata)?

Executive Team (1)

NameDesignationAppointment DateStatus
Parimal Ajmera Country flag representing In Company Secretary20-Nov-2006Current

Board Members (9)

NameDesignationAppointment DateStatus
Ravi Todi Country flag representing In Director 30-Sep-2016Current
Sentu Sardar Country flag representing In Director 07-Aug-2021Current
Jugal Khetawat Country flag representing In Director 24-Nov-2001Current
Hari Marda Country flag representing In Director 07-Jul-2014Current
Sushil Mohta Country flag representing In Director 24-Nov-2001Current
Shrish Tapuriah Country flag representing In Director 02-Sep-2020Current

Financial Performance of South City Projects (Kolkata).

South City Projects (Kolkata) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.69% increase. The company also saw a substantial improvement in profitability, with a 338.72% increase in profit. The company's net worth Soared by an impressive increase of 20.3%.

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
65.69%
Revenue from Operations
40.14%
Total Assets
-4.96%
Profit or Loss
338.72%
Net Worth
20.30%
EBITDA
-6.48%

What is the Ownership and Shareholding Structure of South City Projects (Kolkata)?

In 2023, South City Projects (Kolkata) had a promoter holding of 17.73% and a public holding of 82.27%. The company had 7 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,491.88 Cr

Satisfied Charges

₹3,512.41 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 1150.00 Cr
  • Others : 341.67 Cr
  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2022Idbi Trusteeship Services Limited₹420.00 CrOpen
28 Sep 2022Others₹40.00 CrOpen
28 Sep 2022Others₹15.00 CrOpen
15 Jun 2022Others₹6.00 CrOpen
24 Dec 2021Idbi Trusteeship Services Limited₹730.00 CrOpen

How Many Employees Work at South City Projects (Kolkata)?

South City Projects (Kolkata) has a workforce of 69 employees as of Apr 03, 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 South City Projects (Kolkata), 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 South City Projects (Kolkata)'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 South City Projects (Kolkata)

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 420.00 Cr registered on 02 Dec 2022 with Charge ID 100647992 was modified on 24 Nov 2023.

    24 Nov 2023

  • Annual General Meeting

    South City Projects (Kolkata) 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. 40.00 Cr registered on 28 Sep 2022 with Charge ID 100617081 was modified on 13 Apr 2023.

    13 Apr 2023

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 28 Sep 2022 with Charge ID 100617083 was modified on 13 Apr 2023.

    13 Apr 2023

  • Balance Sheet

    South City Projects (Kolkata) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 730.00 Cr registered on 24 Dec 2021 with Charge ID 100523841 was modified on 17 Mar 2023.

    17 Mar 2023

Frequently asked questions

  • South City Projects (Kolkata) Limited was incorporated on 27 Apr 1995.

  • The authorized share capital of South City Projects (Kolkata) Limited is ₹ 8.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 10 directors are associated with South City Projects (Kolkata) Limited.

    • Parimal Gunvantrai Ajmera
    • Sentu Sardar
    • Jugal Kishore Khetawat
    • Hari Mohan Marda
    • Sushil Kumar Mohta
    • Shrish Tapuriah
    • Ravi Todi
    • Pradeep Kumar Sureka
    • Nitesh Kumar Gupta
    • Rajendra Kumar Bachhawat
  • As per Ministry of Corporate Affairs (Mca), the registered address of South City Projects (Kolkata) Limited is South City Business Park Unit No. 711 770 Anandapur E M Bye Pass, Kolkata, West Bengal, India, 700107.

  • The corporate identification number (CIN) of South City Projects (Kolkata) Limited is U21019WB1995PLC071252 and the company number is 071252 as per Ministry of Corporate Affairs (MCA).

  • The Official website of South City Projects (Kolkata) Limited is https://www.southcityprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for South City Projects (Kolkata) Limited has risen by 65.69%.

  • As Per 2023 financial reports, 69 employees are currently employed by South City Projects (Kolkata) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of South City Projects (Kolkata) Limited has experienced an upsurge of 20.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for South City Projects (Kolkata) Limited amount to ₹ 1,491.88 Cr.

  • The most recent Balance Sheet for South City Projects (Kolkata) Limited was filed with the ROC on 31 Mar 2023.

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