Suncity Projects Private Limited

Real estate development and construction in Gurgaon/NCR with a diverse project portfolio.

1996 | Delhi (India) | Active
Last Updated: November 16, 2024

Suncity Projects Profile

Key Indicators

  • Authorised Capital ₹ 1,500.00 Cr
  • Paid Up Capital ₹ 318.80 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 680.00 Cr
  • Satisfied Charges ₹ 7,688.57 Cr
  • Revenue Growth -23.48%
  • Profit Growth 128.18%
  • Ebitda 72.07%
  • Net Worth 1.66%
  • Total Assets -4.39%

About Suncity Projects

Suncity Projects Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 December 1996 and has a history of 28 years and two months. Its registered office is in Delhi, India.

The Corporate was formerly known as Suncity Projects 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 2024. It's a company limited by shares with an authorized capital of Rs 1,500.00 Cr and a paid-up capital of Rs 318.80 Cr.

The company currently has active open charges totaling ₹680.00 Cr. The company has closed loans amounting to ₹7,688.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Suncity Projects Private Limited India is Mihir Puraiyar as COMPANY SECRETARY. Laxmi Goel and Varun Aggarwal serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201DL1996PTC083915

  • Company No.

    083915

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 1996

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Real Estate and Construction

What products or services does Suncity Projects Private Limited offer?

Suncity Projects Private Limited offers a wide range of products and services, including Residential Construction Projects, Kitchen Construction Service, Construction Service, House Construction Services, Commercial Construction Service, Commercial Buildings Construction, Plant & Equipment Erection Services, Tower Construction Services, School Building Construction, Commercial Construction Projects.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mihir Puraiyar Country flag representing In Company Secretary01-May-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Varun Aggarwal Country flag representing In Director 11-Sep-2017Current
Laxmi Goel Country flag representing In Director 18-Dec-1996Current

Financial Performance of Suncity Projects.

Suncity Projects Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.48% decrease. The company also saw a substantial improvement in profitability, with a 128.18% increase in profit. The company's net worth moved up by a moderate rise of 1.66%.

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
-23.48%
Revenue from Operations
-23.46%
Total Assets
-4.39%
Profit or Loss
128.18%
Net Worth
1.66%
EBITDA
72.07%

What is the Ownership and Shareholding Structure of Suncity Projects?

In 2023, Suncity Projects had a promoter holding of 63.33% and a public holding of 36.67%. 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

₹680.00 Cr

Satisfied Charges

₹7,688.57 Cr

Charges Breakdown by Lending Institutions

  • Others : 612.00 Cr
  • Sbicap Trustee Company Limited : 50.00 Cr
  • Union Bank Of India : 18.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2024Others₹140.00 CrOpen
12 Jun 2024Others₹85.00 CrOpen
11 Oct 2023Others₹100.00 CrOpen
04 Sep 2023Others₹52.00 CrOpen
01 Mar 2022Sbicap Trustee Company Limited₹50.00 CrOpen

How Many Employees Work at Suncity Projects?

Suncity Projects has a workforce of 219 employees as of Mar 30, 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 Suncity 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 Suncity 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 Suncity Projects

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 85.00 Cr registered on 12 Jun 2024 with Charge ID 100943150 was modified on 07 Nov 2024.

    07 Nov 2024

  • Annual General Meeting

    Suncity Projects Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 140.00 Cr with Charge ID 100999531 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge registered on 25 Nov 2022 via Charge ID 100651841 with Others was fully satisfied on 19 Sep 2024.

    19 Sep 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 50.00 Cr registered on 01 Mar 2022 with Charge ID 100551891 was modified on 18 Sep 2024.

    18 Sep 2024

  • Charges

    A charge registered on 12 Feb 2018 via Charge ID 100157933 with Idbi Trusteeship Services Limited was fully satisfied on 13 Aug 2024.

    13 Aug 2024

Frequently asked questions

  • Suncity Projects Private Limited was incorporated on 18 Dec 1996.

  • The authorized share capital of Suncity Projects Private Limited is ₹ 1,500.00 Cr and paid-up capital is ₹ 318.80 Cr.

  • Currently 3 directors are associated with Suncity Projects Private Limited.

    • Laxmi Narain Goel
    • Varun Aggarwal
    • Mihir Kumar Puraiyar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suncity Projects Private Limited is Lgf-10 Vasant Square Mall Plot-A Sector-B Pocket-V Community Centre, Kunj India, New Delhi, 110070.

  • The corporate identification number (CIN) of Suncity Projects Private Limited is U45201DL1996PTC083915 and the company number is 083915 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suncity Projects Private Limited is https://www.suncityprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Suncity Projects Private Limited has fallen by -23.48%.

  • As Per 2023 financial reports, 219 employees are currently employed by Suncity Projects Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suncity Projects Private Limited has experienced an upsurge of 1.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suncity Projects Private Limited amount to ₹ 680.00 Cr.

  • The most recent Balance Sheet for Suncity Projects Private Limited was filed with the ROC on 31 Mar 2024.

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