Sugee Projects Private Limited

Founded in 2014 and headquartered in Maharashtra, India.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated:

Sugee Projects Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.26 Cr
  • Satisfied Charges ₹ 55.91 Cr
  • Revenue Growth -45.10%
  • Profit Growth 91.20%
  • Ebitda 96.84%
  • Net Worth 24.60%
  • Total Assets -24.73%

About Sugee Projects

Sugee Projects Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 September 2014 and has a history of Ten years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sugee One Developers 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹33.26 Cr. The company has closed loans amounting to ₹55.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nishant Deshmukh, Nitin Varadkar, and Pritesh Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102MH2014PTC257879

  • Company No.

    257879

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Sep 2014

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Sugee Projects?

Board Members (3)

NameDesignationAppointment DateStatus
Nishant Deshmukh Country flag representing In Director 26-May-2023Current
Nitin Varadkar Country flag representing In Director 28-Jul-2016Current
Pritesh Jain Country flag representing In Director 22-Dec-2021Current

Financial Performance of Sugee Projects.

Sugee Projects Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.1% decrease. The company also saw a substantial improvement in profitability, with a 91.2% increase in profit. The company's net worth Soared by an impressive increase of 24.6%.

Sugee Projects revenue growth over time
Sugee Projects 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
-45.10%
Revenue from Operations
Total Assets
-24.73%
Profit or Loss
91.20%
Net Worth
24.60%
EBITDA
96.84%

What is the Ownership and Shareholding Structure of Sugee Projects?

In 2023, Sugee Projects had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹332.59 M

Satisfied Charges

₹559.10 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 30.75 Cr
  • Axis Bank Limited : 2.51 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2024Axis Bank Limited₹1.99 MOpen
17 Feb 2024Axis Bank Limited₹2.15 MOpen
25 Jan 2024State Bank Of India₹15.00 CrOpen
07 Dec 2023State Bank Of India₹15.75 CrOpen
25 Nov 2023Axis Bank Limited₹2.09 CrOpen

How Many Employees Work at Sugee Projects?

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

Employee growth trends for Sugee Projects Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sugee Projects, 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 Sugee Projects'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 Sugee Projects

Recent activity within the organization

  • Charges

    A charge registered on 27 Jun 2018 via Charge ID 100187662 with State Bank Of India was fully satisfied on 09 May 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.99 M with Charge ID 100870013 was registered on 17 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.15 M with Charge ID 100870015 was registered on 17 Feb 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 150.00 M with Charge ID 100857432 was registered on 25 Jan 2024.

  • Charges

    A charge registered on 22 Sep 2017 via Charge ID 100190034 with Others was fully satisfied on 13 Dec 2023.

  • Charges

    A charge with State Bank Of India amounted to Rs. 157.50 M with Charge ID 100833139 was registered on 07 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Sugee Projects Private Limited?

    Sugee Projects Private Limited was incorporated on 09 Sep 2014.

  • What is authorized share capital and paid-up capital of Sugee Projects Private Limited?

    The authorized share capital of Sugee Projects Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Sugee Projects Private Limited?

    Currently 3 directors are associated with Sugee Projects Private Limited.

    • Nishant Subhash Deshmukh
    • Nitin Ramchandra Varadkar
    • Pritesh Mangilal Jain
  • What is the registered address of Sugee Projects Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sugee Projects Private Limited is 3Rd Floor Nirlon House Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, 400030.

  • What is the corporate identification number (CIN) and company number of Sugee Projects Private Limited?

    The corporate identification number (CIN) of Sugee Projects Private Limited is U70102MH2014PTC257879 and the company number is 257879 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sugee Projects Private Limited?

    The Official website of Sugee Projects Private Limited is https://www.sugeegroup.com

  • What has been the recent revenue trend for Sugee Projects Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sugee Projects Private Limited has fallen by -45.10%.

  • What change has been observed in the net worth of Sugee Projects Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sugee Projects Private Limited has experienced an upsurge of 24.60%.

  • What are the total open charges for Sugee Projects Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sugee Projects Private Limited amount to ₹ 33.26 Cr.

  • When was the last Balance Sheet of Sugee Projects Private Limited filed with the ROC?

    The most recent Balance Sheet for Sugee Projects Private Limited was filed with the ROC on 31 Mar 2023.

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