Suyog Development Corporation Limited

Develops residential and commercial properties in Pune, Maharashtra, with over 5 million sq ft completed.

2004 | Pune, Maharashtra (India) | Active
Last Updated: November 29, 2024

Suyog Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.90 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.45 Cr
  • Satisfied Charges ₹ 50.80 Cr
  • Revenue Growth 39.62%
  • Profit Growth 41.76%
  • Ebitda -5.06%
  • Net Worth 7.99%
  • Total Assets 17.95%

About Suyog Development Corporation

Suyog Development Corporation Limited (SDCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 September 2004 and has a history of 20 years and four months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Suyog Development Corporation 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 5.00 Cr and a paid-up capital of Rs 1.90 Cr.

The company currently has active open charges totaling ₹19.45 Cr. The company has closed loans amounting to ₹50.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bharat Shah, Kalpesh Shah, and Nilesh Shah serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201PN2004PLC019740

  • Company No.

    019740

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Real Estate and Construction

What products or services does Suyog Development Corporation Limited offer?

Suyog Development Corporation Limited offers a wide range of products and services, including Residential Construction Projects, House Construction Services, Residential Property Development, Flats Development Services, Commercial Construction Service, Institutional Construction Projects.

Who are the key members and board of directors at Suyog Development Corporation?

Board Members (3)

Name Designation Appointment Date Status
Bharat Shah Country flag representing In Director 15-Sep-2004 Current
Kalpesh Shah Country flag representing In Director 15-Sep-2004 Current
Nilesh Shah Country flag representing In Director 15-Sep-2004 Current

Financial Performance of Suyog Development Corporation.

Suyog Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.62% increase. The company also saw a substantial improvement in profitability, with a 41.76% increase in profit. The company's net worth moved up by a moderate rise of 7.99%.

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
39.62%
Revenue from Operations
39.61%
Total Assets
17.95%
Profit or Loss
41.76%
Net Worth
7.99%
EBITDA
-5.06%

What is the Ownership and Shareholding Structure of Suyog Development Corporation?

In 2023, Suyog Development Corporation 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

₹19.45 Cr

Satisfied Charges

₹50.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India Industrial Finance Branch : 10.00 Cr
  • Bajaj Finance Limited : 9.45 Cr

Latest Charge Details

Date Lender Amount Status
09 Oct 2015 Bajaj Finance Limited ₹9.45 Cr Open
22 Dec 2011 State Bank Of India Industrial Finance Branch ₹10.00 Cr Open
31 Aug 2015 Bank Of Maharashtra ₹15.00 Cr Satisfied
23 Jan 2013 Bank Of Maharashtra ₹7.80 Cr Satisfied
11 May 2012 Bank Of Maharashtra ₹28.00 Cr Satisfied

How Many Employees Work at Suyog Development Corporation?

Suyog Development Corporation has a workforce of 18 employees as of Nov 29, 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 Suyog Development Corporation, 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 Suyog Development Corporation'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 Suyog Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Suyog Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Suyog Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 11 May 2012 via Charge ID 10358991 with Bank Of Maharashtra was fully satisfied on 14 Feb 2019.

    14 Feb 2019

  • Charges

    A charge registered on 23 Jan 2013 via Charge ID 10411076 with Bank Of Maharashtra was fully satisfied on 28 Jan 2019.

    28 Jan 2019

  • Charges

    A charge registered on 31 Aug 2015 via Charge ID 10595936 with Bank Of Maharashtra was fully satisfied on 13 Jul 2018.

    13 Jul 2018

  • Charges

    A charge with Bajaj Finance Limited amounted to Rs. 9.45 Cr with Charge ID 10595463 was registered on 09 Oct 2015.

    09 Oct 2015

Frequently asked questions

  • Suyog Development Corporation Limited was incorporated on 15 Sep 2004.

  • The authorized share capital of Suyog Development Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.90 Cr.

  • Currently 3 directors are associated with Suyog Development Corporation Limited.

    • Bharat Keshavlal Shah
    • Kalpesh Bharat Shah
    • Nilesh Bharat Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suyog Development Corporation Limited is Sujay Garden Off No 27Parshwabuilding 12 Mukund Nagar India, Pune, Maharashtra, 411037.

  • The corporate identification number (CIN) of Suyog Development Corporation Limited is U45201PN2004PLC019740 and the company number is 019740 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suyog Development Corporation Limited is https://www.suyoggroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Suyog Development Corporation Limited has risen by 39.62%.

  • As Per 2023 financial reports, 18 employees are currently employed by Suyog Development Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suyog Development Corporation Limited has experienced an upsurge of 7.99%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suyog Development Corporation Limited amount to ₹ 19.45 Cr.

  • The most recent Balance Sheet for Suyog Development Corporation Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Real Estate Builders & Developers