Float Developers Private Limited - Company overview

Float Developers Private Limited is shown as "Amalgamated" in MCA records.

2011-07-26 Mumbai, Maharashtra Amalgamated Unlisted
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
-
FY 2016
PROFIT / LOSS
Loss · ₹10–25 Cr
▲ 8.0%
FY 2016
EBITDA
Loss · ₹1–10 Lakh
▲ 20.3%
FY 2016
NET WORTH
Loss · ₹50–100 Cr
▼ -29.6%
FY 2016
TOTAL ASSETS
₹100–500 Cr
▲ 0.0%
FY 2016
OPEN CHARGES
1
415.00 cr
PAID-UP CAPITAL
1.00 Lakh
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
15 Years 3 Months
since 2011-07-26
LAST FILING WITH ROC
2016-03-31
Last AGM: 2016-09-28
ACTIVE GST
-
Updated: 2023-02-25 23:41:19
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Float Developers Private Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score High risk
48/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (30), financial health (15), director (95) and company-foundation signals.
  • Operating for 15+ years.
Compliance Score High risk
30/100
Statutory filings, status and regulatory flags.
  • Company status is "Amalgamated" (not Active).
  • Last balance sheet filed for Mar 2016 - filings look overdue.
Financial Health Score High risk
15/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2016.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Float Developers Private Limited Company identity, industry, contact, and registration details from MCA and company records.

Float Developers Private Limited is shown as "Amalgamated" in MCA records. It was registered with ROC Mumbai on 26 July 2011 as a private limited company. The registered office is at Piramal Tower, 8Th Floor, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra.

In its MCA filings the main business is listed as real estate activities on fee or contract basis.

Its two current directors - Rakesh Kumar Sharma and Narayan Ananthan - were all appointed on 17 December 2013. Nine former directors are on record; the most recent to leave was Sunilkumar Jagdishprasad Adukia in November 2016. Between them, the directors also sit on the boards of 9 other companies, including Gerbe Developers Private Limited and Gliders Buildcon LLP.

Paid-up capital is ₹1 lakh against an authorised ₹1 crore, so most of the authorised capital has not been issued yet. Its latest balance sheet on MCA is for the year ending 31 March 2016, and the last AGM was on 28 September 2016. One charge (secured loan) is still open, with Housing Development Finance Corporation Limited among the lenders.

Real Estate and Construction ••••••••
  • Location Piramal Tower, 8Th Floor, Ganpatrao Kadam Marg, Lower Parel,, Mumbai, Maharashtra - 400013
Legal NameFloat Developers Private Limited
CIN / LLPINU70101MH2011PTC220201
Company No.220201
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2011-07-26
Date of AGM2016-09-28
Date of Balance Sheet2016-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active Compliance-

Current Directors of Float Developers Private Limited (2) Current board members from MCA filings, including designation and appointment details.

R
Rakesh Kumar Sharma
Director | Since 2013-12-17 | DIN: 00323374
N
Narayan Ananthan
Director | Since 2013-12-17 | DIN: 06575756

Financial Performance of Float Developers Private Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2016
Revenue -
P&L Loss · ₹10–25 Cr ▲ 8.0%
EBITDA Loss · ₹1–10 Lakh ▲ 20.3%
Net worth Loss · ₹50–100 Cr ▼ -29.6%

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Charges of Float Developers Private Limited Open and satisfied charges registered against the company with MCA.

Housing Development Finance Corporation Limited : 415.00 cr
Open Charges: 1 Satisfied Charges: 0
Open 415.00 cr
Satisfied 0
LenderAmountStatus
Housing Development Finance Corporation Limited
Creation Date: 28 Sep 2012
 415.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Real EstateReal estate activities on fee or contract basis0

Companies With Common Directors Of Float Developers Private Limited Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Gerbe Developers Private Limited 2 Shared Directors
Gliders Buildcon Llp 2 Shared Directors
Piramal Architects & Engineers Private Limited 2 Shared Directors
Aasan Info Solutions (India) Private Limited 1 Shared Director
Bangplot Realtors & Developers Llp 1 Shared Director
Piramal Management Services Pvt Ltd 1 Shared Director
Piramal Texturising Pvt Ltd 1 Shared Director
Thaler Developers Private Limited 1 Shared Director
Vulcan Investments Private Limited 1 Shared Director

Financial Ratios of Float Developers Private Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

4 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Float Developers Private Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

1 shareholder category on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

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MSME Payment Delays by Float Developers Private Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Float Developers Private Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Float Developers Private Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Float Developers Private Limited?
MCA does not publish an "owner" field. Float Developers Private Limited is run by its directors, Rakesh Kumar Sharma and Narayan Ananthan. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Float Developers Private Limited?
Float Developers Private Limited has two current directors: Rakesh Kumar Sharma (since December 2013) and Narayan Ananthan (since December 2013).
What is CIN of Float Developers Private Limited?
The CIN of Float Developers Private Limited is U70101MH2011PTC220201. Reading it left to right: U means it is not listed, 70101 is the industry code it registered under, MH is Maharashtra, 2011 is the year it was registered, PTC is the company type and 220201 is its registration number.
When was Float Developers Private Limited incorporated?
Float Developers Private Limited was incorporated on 26 July 2011 with ROC Mumbai. That makes it about 15 years old.
What is the registered address of Float Developers Private Limited?
The registered office on MCA records is Piramal Tower, 8Th Floor, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra - 400013.
What is the current status of Float Developers Private Limited?
MCA shows Float Developers Private Limited as "Amalgamated". It has been merged into another company and no longer exists on its own.
What is the contact number or email for Float Developers Private Limited?
You can post to its registered office at Piramal Tower, 8Th Floor, Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra - 400013.
What industry or business activity is Float Developers Private Limited associated with?
Its MCA filings list the main business as real estate activities on fee or contract basis.
What is paid-up capital and authorised share capital of Float Developers Private Limited?
Paid-up capital is ₹1 lakh, a small fraction of its ₹1 crore authorised capital.
When did Float Developers Private Limited last file accounts and hold an AGM?
The last AGM on record was on 28 September 2016, and the latest balance sheet is for the year ending 31 March 2016.
Where can I see charges and lenders for Float Developers Private Limited?
One charge against Float Developers Private Limited is still open. Lenders named in the filings include Housing Development Finance Corporation Limited.
Have any directors left Float Developers Private Limited?
Yes, nine former directors are on record. The most recent to leave were Sunilkumar Jagdishprasad Adukia (November 2016), Nandini Ajay Piramal (February 2014) and Ajay Gopikisan Piramal (February 2014).
Which companies share directors with Float Developers Private Limited?
9 companies share directors with Float Developers Private Limited. Among them are Gerbe Developers Private Limited, Gliders Buildcon LLP, Piramal Architects & Engineers Private Limited and 6 more.
What is the net worth of Float Developers Private Limited?
For FY 2016, the net worth of Float Developers Private Limited was negative, in the ₹50–100 Cr range.
How can I get the financial details of Float Developers Private Limited?
The latest accounts on record are for FY 2016. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Float Developers Private Limited - is it listed or unlisted?
Float Developers Private Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Float Developers Private Limited?
Float Developers Private Limited is registered with ROC Mumbai.
What is the company classification of Float Developers Private Limited?
MCA classifies Float Developers Private Limited as: Private Limited Indian Non-Government Company.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.