Suksha Developers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 336.05 Cr
- Revenue Growth 58.25%
- Profit Growth 115.98%
- Ebitda 68.60%
- Net Worth 49.80%
- Total Assets 39.12%
About Suksha Developers
Suksha Developers Private Limited (SDPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 August 2017 (Seven years and eight months 24 days old ). Its registered office is in Chandigarh, India.
The Company is engaged in the Real Estate 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 10.00 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹336.05 Cr.
Binder Mittal and Bharat Mittal serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70109CH2017PTC041672
- Company No.
041672
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Aug 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Real Estate
Suksha Developers Private Limited
Explore comprehensive data for Suksha Developers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Suksha Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Binder Mittal  | Director | 02-Aug-2017 | Current |
| Bharat Mittal | Director | 25-Sep-2017 | Current |
Financial Performance of Suksha Developers.
Suksha Developers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.25% increase. The company also saw a substantial improvement in profitability, with a 115.98% increase in profit. The company's net worth Soared by an impressive increase of 49.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Suksha Developers?
In 2022, Suksha 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.
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Binder Mittal is a mutual person
Charges (Loans)
Open Charges
₹336.05 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 330.00 Cr
- Indian Overseas Bank : 2.55 Cr
- Axis Bank Limited : 2.40 Cr
- Others : 1.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2024 | Axis Bank Limited | ₹1.20 Cr | Open |
| 10 Jan 2024 | Indian Overseas Bank | ₹2.55 Cr | Open |
| 10 Jan 2024 | Axis Bank Limited | ₹1.20 Cr | Open |
| 24 Dec 2019 | Idbi Trusteeship Services Limited | ₹200.00 Cr | Open |
| 15 Feb 2019 | Others | ₹1.10 Cr | Open |
How Many Employees Work at Suksha Developers?
Suksha Developers has a workforce of 58 employees as of Apr 07, 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 Suksha 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 Suksha Developers'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.
Latest Updates, News, and FAQs on Suksha Developers
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100886202 was registered on 10 Jan 2024.
- Charges
A charge with Indian Overseas Bank amounted to Rs. 2.55 Cr with Charge ID 100892582 was registered on 10 Jan 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100913675 was registered on 10 Jan 2024.
- Annual General Meeting
Suksha Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Suksha Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge with Idbi Trusteeship Services Limited of Rs. 200.00 Cr registered on 24 Dec 2019 with Charge ID 100321731 was modified on 17 Sep 2020.
Recent News, Updates & Announcement
- IndusInd Bank Invests Rs 140 Crore in Sushma Group's Chandigarh Projects, Tier 2 Cities See Rise in Real Estate Funding.
IndusInd Bank invests Rs 140 crore in Sushma group's commercial projects in Chandigarh. Tier 2 cities are getting more funding due to increased demand for quality housing and commercial space. Sushma group has also raised funds from Motilal Oswal and State Bank of India for their projects. Developers with good track record are getting funding for holiday homes and commercial projects. Commercial real estate in tier 2 cities has a bright future. Private equity investments in Indian real estate sector have remained steady. Sushma Elementa, a holiday homes project, is being developed in Dharampura..
Frequently asked questions
What is the Incorporation or founding date of Suksha Developers Private Limited?
Suksha Developers Private Limited was incorporated on 02 Aug 2017.
What is authorized share capital and paid-up capital of Suksha Developers Private Limited?
The authorized share capital of Suksha Developers Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Suksha Developers Private Limited?
Currently 2 directors are associated with Suksha Developers Private Limited.
- Binder Pal Mittal
- Bharat Mittal
What is the registered address of Suksha Developers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Suksha Developers Private Limited is B-107 First Floor Business Complex At Elante Mall Industrial Area, Phase-1 India, Chandigarh, 160001.
What is the corporate identification number (CIN) and company number of Suksha Developers Private Limited?
The corporate identification number (CIN) of Suksha Developers Private Limited is U70109CH2017PTC041672 and the company number is 041672 as per Ministry of Corporate Affairs (MCA).
What is the official website of Suksha Developers Private Limited?
The Official website of Suksha Developers Private Limited is https://www.sushma.co.in
What has been the recent revenue trend for Suksha Developers Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Suksha Developers Private Limited has risen by 58.25%.
How many employees does Suksha Developers Private Limited currently have?
As Per 2022 financial reports, 58 employees are currently employed by Suksha Developers Private Limited.
What change has been observed in the net worth of Suksha Developers Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Suksha Developers Private Limited has experienced an upsurge of 49.80%.
What are the total open charges for Suksha Developers Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Suksha Developers Private Limited amount to ₹ 336.05 Cr.
When was the last Balance Sheet of Suksha Developers Private Limited filed with the ROC?
The most recent Balance Sheet for Suksha Developers Private Limited was filed with the ROC on 31 Mar 2023.
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