MARKET RADAR
SENSEX     NIFTY      
Moneycontrol.com India | Notes to Account > Construction & Contracting - Real Estate > Notes to Account from Omaxe - BSE: 532880, NSE: OMAXE
YOU ARE HERE > MONEYCONTROL > MARKETS > CONSTRUCTION & CONTRACTING - REAL ESTATE > NOTES TO ACCOUNTS - Omaxe
Omaxe
BSE: 532880|NSE: OMAXE|ISIN: INE800H01010|SECTOR: Construction & Contracting - Real Estate
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
  
LIVE
BSE
Feb 10, 17:00
149.90
0.15 (0.1%)
VOLUME 92,963
LIVE
NSE
Feb 10, 17:00
150.60
0.45 (0.3%)
VOLUME 111,191
Explore Omaxe connections « Mar 10
Notes to Accounts Year End : Mar '11
1.  Contingent liabilities not provided for in respect of:
 
                                              (Rs. in mio)
 
                                             Year ended 
                                                  March    Year ended 
                                                                March
 
                                                31,2011       31,2010
 
 Claims against the Company not acknowledged 
 as debts                                        115.73         81.28
 
 Bank guarantees
 
 In respect of the Company                     1,125.23       1139.13
 
 In respect of subsidiaries                      577.34        655.29
 
 In respect of joint venture company              43.74         78.89
 
 In respect of others                              0.25          0.15
 
 Counter guarantees                               45.00         45.00
 
 Corporate guarantees in respect of wholly 
 owned subsidiary companies                    3,611.60      2,561.60
 
 Disputed tax amounts:
 
 Sales tax                                        82.70         68.45
 
 Service tax                                      29.10         29.10
 
 Income tax (net of excess provision made 
 earlier)                                        864.96           Nil
 
 Writ Petition filed by Income Tax Department
 against order of settlement                     Amount        Amount
 
 commission before Delhi High Court            unascert
                                               -ainable      unascert
                                                             -ainable
 
 Disputed differential Interest Liability           Nil          7.20
 
 Certain civil cases preferred against the 
 Company in respect of                              Not
                                             quantifiable         Not
                                                          quantifiable
 labour laws, specific performance of
 certain land agreements, etc.  and 
 disputed by the Company
 
 2.  Ason31!t March, 2011,asumof Rs.3.21 mio (Rs.3.22 mio) is
 outstanding to be refunded to the applicants who were not/partly
 allotted the shares in initial public offer. Such amount aggregating to
 Rs.3.21 mio (Rs.3.22 mio) is lying in the separate bank account of the
 company. The said amount has also been shown as Unclaimed share
 application money in Schedule No. 13. This does not include any
 amount, due and outstanding, to be credited to the Investor Education
 and Protection Fund as per the provisions of the Companies Act, 1956.
 
 3.  Determination of revenues under ''Percentage of Completion method''
 necessarily involves making estimates by management for percentage of
 completion, cost to completion, revenues expected from projects,
 projected profits and losses. These estimates being of a technical
 nature have been relied upon by the auditors.
 
 4.  The Company had in earlier years granted interest free loan of
 Rs.527.98 mio to one of its wholly owned subsidiary Company
 incorporated outside India namely Rohtas Holding (Gulf) Ltd (RHGL),
 which in turn had given such loan amount to two SPV''s incorporated
 outside India namely Marine Sands Ltd (MSL) and Golden Crescent Red and
 General Trading Limited (GCRGTL) for carrying out real estate projects
 outside India. GCRGTL has since exited from proposed real estate
 project.  Accordingly RHGL has repaid a sum of Rs.342.39 mio to the
 Company. The exchange fluctuation gain on such realisation of Rs.1 7.72
 mio has been taken to other income. In the opinion of management of the
 Company, the amount advanced to Marine Sands Ltd through RHGL is good,
 as there are fair chances of revival of real estate project in MSL.
 
 5. Balances of sundry debtors, sundry creditors, advances given,
 advances received are subject to reconciliation and confirmation from
 respective parties. The balance of said sundry debtors, sundry
 creditors, and advances given and received are taken as shown by the
 books of accounts. The ultimate outcome of such reconciliation and
 confirmation cannot presently be determined, therefore, no provision
 for any liability that may result out of such reconciliation and
 confirmation has been made in the financial statement, the financial
 impact of which is unascertainable due to the reasons as above stated.
 
 6.  Current assets, loans and advances have a value on realization
 which in the ordinary course of the business would not be less than the
 amount at which they are stated in the balance sheet and the provisions
 for all known and determined liabilities are adequate and not in excess
 of the amount reasonably required.
 
 7.  During the year 2005-06 the Company was subjected to search under
 section 132 of Income Tax Act, 1961 (The Act). Subsequently, pending
 completion of block assessment proceedings, the Company filed an
 application with Income tax settlement commission on 31st May, 2007 for
 settlement of cases under section 245 C (i) of the Act relating to the
 financial year 1 999-2000 to 2005-06 and offered an aggregate income of
 Rs.278.60 mio relating to the accounting year 1999-2000 to 2005-06. The
 Income Tax Settlement Commission vide its order dated 27.03.2008 had
 accepted the aforesaid income so offered amounting to Rs.278.60 mio and
 allowed the Company to capitalize a sum of Rs.235.00 mio towards land
 and development cost of various projects, accordingly, treatment was
 effected in books of account for the year ended 31st March, 2008.
 Subsequently, Income Tax Department has filed writ petition against the
 order of settlement commission before Hon''ble High Court of Delhi and
 is pending before it. As the matter is sub-judice, the income tax
 liability, if any, on this account shall be provided for in the year in
 which final decision is made by such Hon''ble court.
 
 8.  The Income tax assessment of the Company for the assessment year
 2008-09 was completed during the year.  The Income tax department has
 raised additional demand of Rs.904.13 mio on the Company for assessment
 year 2008-09 on account of disallowance under Section 80(IB) of Income
 Tax Act, 1 961. The Company has filed an appeal before Commissioner of
 Income Tax (Appeals), New Delhi against the impugned order of the
 assessing officer. Based on the decision of various appellate
 authorities and the interpretations of relevant provisions of Income
 Tax Act, 1 961, the Company has been advised by the experts that the
 claim under Section 80(IB) is legally sustainable, accordingly the
 Company is quite hopeful that the demand so raised is likely to be
 either deleted or substantially reduced, hence, no provision on account
 of such income tax demand has been made in the accounts.
 
 9.  As per terms of the licenses of certain group housing and/or
 township projects executed by the Company in the state of Haryana, the
 Company is required to construct residential units/develop plots for
 Economically Weaker Sections (EWS) on specified area of land. The Sale
 price of each unit/plot which was to be fixed by the Haryana Government
 was fixed during the Financial year 2009-1 0 and has been protested by
 the Company being on lower side. There has been no outcome/response on
 the said protest of Rate fixation. Pending final outcome wherever the
 Company has launched projects for EWS category, the projections of
 revenues, profits and cost to completion of the group housing
 project/development plot made by the management are after considering
 the effect of profits/losses on such units/plots.  Accordingly,
 wherever the Company has not launched EWS projects, pending final
 outcome of the said protest, the projection of revenue, profits and
 cost to completion are subject to adjustment which would either be
 adjusted on disposal of representation so made by the Company or on
 launch of respective EWS projects.
 
 10. The Company has advanced a sum of Rs.744.92 mio to one of its
 wholly owned subsidiary company namely Eden Buildcon Private Limited
 (hereinafter referred to as Subsidiary Company) for acquiring land
 from Hyderabad Metropolitan Development Authority (HMDA)for real estate
 projects. The said subsidiary company participated in bid in respect of
 auction by HMDA and paid initial deposit of Rs.750.63 mio against total
 value of Rs.3,002.50 mio. During the process of verifying the title to
 the auction land post auction, the subsidiary company on scrutiny of
 documents found that the auction land is the subject matter of pending
 litigations before Hon''ble Andhra Pradesh High Court. Thereafter, the
 subsidiary company requested HMDA to obtain necessary orders from the
 court empowering HMDA to alienate the auction land and also expressed
 its honest intention to pay the balance cost of land. HMDA asserted
 that there is no legal impediment for transferring the title of the
 land and directed the subsidiary company to remit the balance sales
 consideration. The subsidiary company applied to HMDA for refund of the
 initial booking amount. The request for such refund was not considered
 by HMDA and HMDA demanded balance amount of Rs.2,251.87 mio failing
 which the entire booking amount was liable to be forfeited.  The
 subsidiary company has filed a writ petition before Hon''ble Andhra
 Pradesh High Court against letter of HMDA giving final notice to remit
 balance consideration or forfeiture of the booking amount. The
 subsidiary company has since obtained an interim order in the said writ
 petition wherein Hon''ble High Court of Andhra Pradesh has ordered for
 interim suspension of the operation of the aforesaid letter. The Writ
 Petition of the Subsidiary Company is ordered to be tagged with the
 Writ Appeals of other Companies having similar grievance for refund of
 their money from HMDA. Since the matter is sub-judice, amount advanced
 by the company to subsidiary company is considered good.
 
 1 2. (i) Advances include advances against collaboration amounting to
 Rs.5,703.46 mio (Rs.6,848.1 7 mio) paid to certain parties (including
 subsidiaries/associates/related parties) for acquiring land for
 development of real estate projects, either on collaboration basis or
 self-development basis.
 
 (ii) Advances recoverable in cash or in kind includes, due from private
 companies in which director(s) is a director or member Rs.1 9.46 mio
 (Rs.23.1 9 mio).
 
 13. Stock options schemes
 
 OMAXE ESOP PLAN BETA
 
 The Company has adopted Omaxe ESOP Plan Beta in the Annual General
 Meeting held on September 27, 2007. The total number of options
 available in the plan is 3% of the total paid up equity capital of the
 Company.
 
 16.  Micro, Small Scale Business Entities
 
 The Company has not received information from vendors regarding their
 status under the Micro, Small and Medium Enterprises Development Act,
 2006 and, hence, disclosures relating to amounts unpaid as at the year
 end together with interest paid / payable underthis Act have not been
 given.
 
 17.  Interest in Joint Ventures
 
 The Company entered into a 50:50 Joint Venture in Omaxe Azorim
 Developers Private Ltd (incorporated in India) with M/s Azorim
 International Holdings Limited (Azorim) for development of the Real
 Estate Project in India. In terms of the Subscription & Shareholder
 Agreement & Amendment thereof, Company holds 1,000,000 Ordinary Equity
 Shares & Azorim holds 500,000 Ordinary Equity Shares having pari -
 passu rights in all respects including Voting Rights. Further, Azorim
 also holds 500,000 Superior Equity Shares having pari- passu right in
 every respect with the Ordinary Equity Shares excepting the Superior
 dividend right and preferential right to distribution on liquidation.
 Apart from the above Azorim has also been issued Differential Equity
 constituting 2410 Equity Class A Shares, 6311 Equity Class B Shares and
 189 Equity Class C Shares having pari - passu right in all respect
 except nil voting rights and nil rights towards Dividend and 2,220
 Class C Preference shares (out of which 1,300 preference shares
 redeemed during the year). Accordingly, share in profit and loss item
 is considered @ 50:50 (previous year 50:50). However, for the purposes
 of Company''s share in assets and liabilities, proportionate
 consolidation method has been adopted.
 
 During the year, the Company has entered into 63% joint venture in M/s
 Robust Buildwell Private Limited.
 
 18. Employee Benefit
 
 A.  Gratuity
 
 The Company is having group gratuity scheme with LIC
 of India.
 
 B.   Leave Encashment
 
 Provision for leave encashment in respect of unavailed
 leaves standing to the credit of employees is made on
 actuarial basis. The Company does not maintain any fund
 to pay for leave encashment.
 
 C.   Provident Fund
 
 The Company makes contribution to statutory provident
 fund in accordance with Employees Provident Fund and
 Misc. Provision Act, 1 952. This is post employment benefit
 and is in the nature of defined contribution plan.
 
 26. Lease
 
 a.  The Company has taken certain premises on non-cancellation
 operating lease.
 
 b.  The lease agreements provide for an option to the Company to renew
 the lease period at the end of the non-cancellation period.  There are
 no exceptional / restrictive covenants in the lease agreement.
 
 c.  Lease rent expenses in respect of operating lease debited to profit
 and loss account Rs.31.60 mio (Rs.43.11 mio).  27. Segment information
 
 Business segments
 
 Based on similarity of activities/products, risk and reward structure,
 organization structure and internal reporting system, the Company has
 structured its operations into the following segments:
 
 Real estate
 
 Promotion, construction, development and sale of townships,
 residential, commercial property, developed plots etc.
 
 Construction
 
 Construction of property on behalf of clients.
 
 Geographic segment
 
 Operations of the Company do not qualify, for reporting as geographic
 segments, under the criteria set out under Accounting Standard 1 7 on
 ''Segment reporting''.
 
 28. Related parties disclosures
 
 Related parties are classified as:
 
 A.  Related parties are classified as:
 
 I Wholly owned Subsidiary companies
 
 1 Kavya Buildtech Private Limited
 
 2 Champion Realtors Private Limited
 
 3 Ekansh Buildtech Private Limited
 
 4 Omaxe Infrastructure Limited
 
 5 Omaxe Housing and Developers Limited
 
 6 JRS Projects Private Limited
 
 7 Monarch Villas Private Limited
 
 8 JKB Constructions Private Limited
 
 9 Green Planet Colonisers Private Limited 
 
 10 Omaxe Connaught Place Mall Limited
 
 11 Primordial Buildcon Private Limited
 
 12 Omaxe Infotech City Developers Limited
 
 13 Satvik Hitech Builders Private Limited
 
 14 Omaxe Infrastructure And Construction Limited
 
 15 Landlord Developers Private Limited
 
 16 Omaxe Power Private Limited
 
 17 S N Realtors Private Limited
 
 18 Finishing Touch Properties and Developers Private Limited
 
 19 Omaxe Rajasthan SEZ Developers Limited
 
 20 Eden Buildcon Private Limited
 
 21 Omaxe Buildcon Limited (Formerly Omaxe Infrabuild Ltd.)
 
 22 AnshBuilders Private Li m ited
 
 23 Arman Builders Private Limited
 
 24 Omaxe Housing Finance Limited
 
 25 Golden Glades Builders Private Limited
 
 26 Rohtas Holdings (Gulf) Limited
 
 27 Max Gulf Limited
 
 28 Omaxe Chandigarh Extension Developers Private Limited
 
 29 Oasis Township Private Limited
 
 30 Omaxe Buildwell Private Limited
 
 31 Omaxe Housing And Infrastructure Limited
 
 32 Omaxe Buildhome Private Limited
 
 33 Shamba Developers Private Limited (w.e.f. 27.05.2010)
 
 34 Panchi Developers Private Limited (w.e.f. 27.05.2010)
 
 35 Pancham Realcon Private Limited (w.e.f. 27.05.2010)
 
 36 Volvo Properties Private Limited (w.e.f. 24.02.2011)
 
 37 First Promoters & Developers Private Limited (w.e.f. 11.03.2011)
 
 38 Mehboob Builders Private Limited (w.e.f. 16.03.2011)
 
 39 Mehtab Infratech Private Limited (w.e.f. 16.03.2011)
 
 40 Garv Buildtech Private Limited (w.e.f. 16.03.2011)
 
 41 Vimvin Realtors Private Limited (Upto 02.05.2010)
 
 II Other Subsidiary Companies
 
 1 Omaxe Entertainment Limited
 
 2 Omtech Infrastructure and Construction Limited
 
 3 Navratan Techbuild Private Limited
 
 4 Link Infrastructure and Developers Private Limited
 
 5 Anjaniputra Builders Private Limited
 
 6 Zodiac Housing and Infrastructure Private Limited
 
 7 Hamara Ghar Constructions and Developers Private Limited
 
 8 Jewel Projects Private Limited
 
 9 Reliable Manpower Solutions Limited
 
 10 Rivaj Infratech Private Limited
 
 11 Pancham Realcon Private Limited (Upto 26.05.2010) 
 
 12 Garv Buildtech Private Limited (Upto 1 5.03.2011)
 
 111 Fellow Subsidiary Companies
 
 1 Sri Balaji Green Heights Private Limited
 
 2 Oasis Suncity Realtors Private Limited
 
 3 Silver Peak Township Private Limited
 
 4 Radiance Housing and Properties Private Limited
 
 5 Ashray Infrabuild Private Limited
 
 6 Aarzoo Technobuild Private Limited
 
 7 Hiresh Builders Private Limited
 
 8 Bhanu Infrabuild Private Limited
 
 9 Abheek Builders Private Limited
 
 10 Aadhira Developers Private Limited
 
 II Shubh Bhumi Developers Private Limited
 
 12 Sanvim Developers Private Limited
 
 13 RPS Suncity Promoters and Developers Private Limited
 
 14 Ashok Infrabuild Private Limited (w.e.f. 28.07.2010)
 
 15 Glacier Agro Foods Private Limited (w.e.f. 1 5.1 0.201 0)
 
 16 Aviral Colonisers Private Limited (w.e.f. 1 5.1 0.201 0)
 
 17 Dinkar Realcon Private Limited (w.e.f. 29.11.201 0)
 
 18 Davesh Technobuild Private Limited (w.e.f. 29.11.201 0)
 
 19 Sarva Buildtech Private Limited (w.e.f. 29.11.201 0)
 
 20 Hemang Buildcon private Limited (w.e.f. 29.11.201 0)
 
 21 Sarthak landcon Private Limited (w.e.f. 29.11.201 0)
 
 22 Satkar Colonisers Private Limited (w.e.f. 01.02.2011)
 
 23 Volvo Properties Private Limited (upto 23.02.2011)
 
 24 Utkrissht Real Estate and Associates Private Limited (w.e.f.
 01.02.2011)
 
 25 Manit Developers Private Limited (w.e.f. 08.03.2011)
 
 26 First Promoters & Developers Private Limited (upto 10.03.2011)
 
 27 Dhanu Real Estate Private Limited (w.e.f. 10.03.2011)
 
 28 Ekapad Developers Private Limited (w.e.f. 11.03.2011)
 
 29 Damodar Infratech Private Limited (w.e.f. 11.03.2011)
 
 30 Caspian Realtors Private Limited (w.e.f. 16.03.2011)
 
 31 Aashna Realcon Private Limited (w.e.f. 16.03.2011)
 
 32 Rupesh Infratech private Limited (w.e.f. 16.03.2011)
 
 33 Daman Builders Private Limited (w.e.f. 16.03.2011)
 
 34 Aradhya Real Estate Private Limited (w.e.f. 1 6.03.2011)
 
 35 Ayush Landcon Private Limited (w.e.f. 1 7.03.2011)
 
 36 Tejpal Infra Developers Private Limited (w.e.f. 17.03.2011)
 
 37 Aditya Realtech Private Limited
 
 IV Joint Venture
 
 1 Omaxe Azorim Developers Private Limited
 
 2 Robust Buildwell Private Limited(w.e.f. 08.11.201 0)
 
 V Subsidiaries of joint venture company (M/s Robust Buildwell Private
 Limited)
 
 1 Anveshan Builders Private Limited (w.e.f. 1 0.11.201 0)
 
 2 Adesh Realcon Private Limited (w.e.f. 1 0.11.201 0)
 
 3 Navdip Developers Private Limited (w.e.f. 1 0.11.201 0)
 
 4 Abhas Realcon Private Limited (w.e.f. 1 0.11.201 0)
 
 VI Associate Companies
 
 1 Sunshine Buildtech Private Limited (upto 26.03.2011)
 
 2 Omaxe Realtors Private Limited (upto 26.03.2011)
 
 3 Omaxe Infrastructure Development Private Limited (upto 26.03.2011)
 
 VII Entities over which key managerial personnel or their relatives
 exercise significant influence
 
 1 Guild Builders Private Limited
 
 2 Buildwell Builders Private Limited
 
 3 Examo Estate Management Private Limited
 
 4 Axeom Advertising Solutions Limited
 
 5 Uppal Resorts Private Limited
 
 6 Constellation Capital Limited
 
 7 S A Fin vest Limited
 
 8 Kautilya Monetary Services Private Limited
 
 9 B D Agarwal Securities Private Limited
 
 10 Goel Isha Colonisers Private Limited
 
 II Dream Home Developers Private Limited 1 2 Hansa Properties Private
 Limited
 
 13 Rocky Valley Resorts Private Limited
 
 14 P N Buildcon Private Limited
 
 15 NAI Builders Private Limited
 
 16 Ramniya Estate Developers Private Limited
 
 17 Neegar Developers Private Limited
 
 18 Green Earth Promoters Private Limited
 
 19 M I J Infrastructure Private Limited
 
 20 Sumedha Builders Private Limited
 
 21 NJS Developers Private Limited
 
 22 SNJ Builders Private Limited
 
 23 VSG Builders Private Limited
 
 24 Mangla Villas Private Limited
 
 25 Vimsan Realtors Private Limited
 
 26 PSJ Developers Private Limited
 
 27 DVM Realtors Private Limited
 
 28 True Dreams Developers Private Limited
 
 29 Dream Techno Build Private Limited
 
 30 True Villas Developers Private Limited
 
 31 Starex Projects Private Limited
 
 32 True Gem Tech Developers Private Limited
 
 33 Green Tech Tower Builders Private Limited
 
 34 Naptune Technobuild Projects Private Limited
 
 35 True Estate Build Developers Private Limited
 
 36 Dream Towers Private Limited
 
 37 Ananddeep Realtors Private Limited
 
 38 Vineera Colonisers Private Limited
 
 39 Deepaalay Realtors Private Limited
 
 40 Deepsan Realtors Private Limited
 
 41 Naveenraj Realtors Private Limited
 
 42 Jivish Colonisers Private Limited
 
 43 Sangupt Developers Private Limited
 
 44 Veenish Realtors Private Limited
 
 45 Singdeep Estate Developers Private Limited
 
 46 Annay Realtors Private Limited
 
 47 Deepsing Realtors Private Limited
 
 48 Deejit Developers Private Limited
 
 49 Parjit Realtors Private Limited
 
 50 Garg and Goel Estate Developers Private Limited
 
 51 VGSG Realtors Private Limited
 
 52 Vingar Developers Private Limited
 
 53 Garg Realtors Private Limited
 
 54 Manprav Developers Private Limited
 
 55 Raveendeep Colonisers Private Limited
 
 56 Devgar Estate Developers Private Limited
 
 57 Jitenjay Realtors Private Limited
 
 58 Derwal Realtors Private Limited
 
 59 Manwal Colonisers Private Limited
 
 60 Saamit Realtors Private Limited
 
 61 Savin Realtors Private Limited
 
 62 Monkish Colonisers Private Limited
 
 63 Gaamit Realtors Private Limited
 
 64 Jai Dev Colonisers Private Limited
 
 65 Sanya Realtors Private Limited
 
 66 Kishordeep Realtors Private Limited
 
 67 Indrasan Developers Private Limited
 
 68 Avindra Estate Developers Private Limited
 
 69 Garvish Realtors Private Limited
 
 70 Laldeep Realtors Private Limited
 
 71 Sanjit Realtors Private Limited
 
 72 Sankalp Realtors Private Limited
 
 73 Source Developers Private Limited
 
 74 Sandeep Township Private Limited
 
 75 Sandeep Landcon Private Limited
 
 76 Amit Landcon Private Limited
 
 77 Praveen Mehta Builders Private Limited
 
 78 Amit Jain Builders Private Limited
 
 79 Shiv Kripa Build Home Private Limited
 
 80 Krishan Kripa Buildcon Private Limited
 
 81 Praveen Buildcon Private Limited
 
 82 Motto Developers Private Limited
 
 83 New Horizons Township Developers Private Limited
 
 84 Spike Developers Private Limited
 
 85 Shantiniwas Developers Private Limited
 
 86 Starshine Realtors Private Limited
 
 87 Deepal Township Private Limited
 
 88 Sunview Township Private Limited
 
 89 Swapan Sunder Township Developers Private Limited
 
 90 Bharatbhoomi Township Limited
 
 91 Jai Bhoomi Projects Limited
 
 92 J. B. Realcon Private Limited
 
 93 Omaxe Hotels Limited
 
 94 Mangal Bhumi Properties Private Limited
 
 95 Renown Estate Developers Private Limited
 
 96 Milestone Township Private Limited
 
 97 Luxury Township Private Limited
 
 98 Udal Properties Private Limited
 
 99 Omaxe Housing And Commercial Projects Limited
 
 100 Lavanya Builders Private Limited
 
 101 Amod Builders Private Limited
 
 102 Advay Properties Private Limited
 
 103 Agasthya Properties Private Limited
 
 104 Advaita Properties Private Limited
 
 105 Amshul Developers Private Limited
 
 106 Alpesh Builders Private Limited
 
 107 Daksh Township Private Limited
 
 108 Pearl Peak Landbase Private Limited
 
 109 Superior Landbase Private Limited
 
 110 Sentinent Properties Private Limited
 
 111 Fragrance Housing And Properties Private Limited
 
 112 Beautiful Landbase Private Limited
 
 113 Paradise On Earth Properties Private Limited
 
 114 Forever Housing and Properties Private Limited
 
 115 Sapphire Township and Developers Private Limited
 
 116 Shining Home Infrastructure Private Limited
 
 117 Sunlife Properties Private Limited
 
 118 Interactive Buildtech Private Limited
 
 119 Rockyard Properties Private Limited
 
 120 Stronghold Properties Private Limited
 
 121 Sunrise Township Private Limited
 
 122 Absolute Infrastructure Private Limited
 
 123 Distinctive Infrastructure And Construction Private Limited
 
 124 Miniature Township And Properties Private Limited
 
 125 JSM Enterprises Private Limited
 
 126 Lifestyle Township Private Limited
 
 127 Omaxe Pragati Maidan Exhibition Limited
 
 128 Desire Housing and Construction Private Limited
 
 129 Stepping Stone Buildhome Private Limited
 
 130 Smart Buildhome Private Limited
 
 131 Swarn Bhumi Buildhome Private Limited
 
 132 Versatile Buildhome Private Limited
 
 133 Swarg Sukh Buildhome Private Limited
 
 134 Fast Track Buildcon Private Limited
 
 135 Blossom Buildhome Private Limited
 
 136 KBM Constructions Private Limited
 
 137 The International Omaxe Construction Limited
 
 138 Omaxe Orissa Developers Limited
 
 139 Glamour Hotels Private Limited
 
 140 Starshine Hotels Private Limited
 
 141 Hitech Hotels Private Limited
 
 142 Puru Builders Private Limited
 
 143 Hriday Hitech Builders Private Limited
 
 144 Prabal Developers Private Limited
 
 145 VaibhavTechnobuild Private Limited
 
 146 Nikunj Infrabuild Private Limited
 
 147 Aanchal Infrabuild Private Limited
 
 148 Fragrance Information And Communication Technologies Private
 Limited
 
 149 Omaxe Affordable Homes Private Limited 1 50 Bhargav Builders
 Private Limited
 
 151 Arhant Infrabuild Private Limited
 
 152 Bandhu Buildtech Private Limited
 
 153 Basant Infrabuild Private Limited
 
 154 Bhuvan Buildtech Private Limited
 
 155 Avtar Infrabuild Private Limited
 
 156 Badal Developers Private Limited
 
 157 Banke Builders Private Limited
 
 158 Aviral Buildtech Private Limited
 
 159 Arjit Builders Private Limited
 
 160 Omaxe Punjab Affordable Housing Private Limited
 
 161 Omaxe Uttar Pradesh Affordable Housing Private Limited
 
 162 Omaxe Rajasthan Affordable Housing Private Limited
 
 163 Omaxe Bihar Affordable Housing Private Limited
 
 164 Omaxe Madhya Pradesh Affordable Housing Private Limited
 
 165 Daksh Airport Developers Private Limited
 
 166 Megh Airways Private Limited
 
 167 Mohak Tours And Travels Private Limited
 
 168 Rahi Transport Private Limited
 
 169 Caleen Hotels Private Limited
 
 170 Omaxe Chhattisgarh Affordable Housing Private Limited
 
 171 Manik Buildcon Private Limited
 
 172 Kartik Buildhome Private Limited
 
 173 Lohith Developers Private Limited
 
 174 Jishnu Buildcon Private Limited
 
 175 Bhavesh Buildcon Private Limited
 
 176 Aric Infrabuild Private Limited
 
 177 Apoorva Infrabuild Private Limited
 
 178 Kanak Buildhome Private Limited
 
 179 Jayant Buildhome Private Limited
 
 180 Abhay Technobuild Private Limited
 
 181 Chirag Buildhome Private Limited
 
 182 Gaurang Buildcon Private Limited
 
 183 Girish Buildwell Private Limited
 
 184 Gurmeet Builders Private Limited
 
 185 Inesh Buildcon Private Limited
 
 186 Anant Realcon Private Limited
 
 187 Geet Buildhome Private Limited
 
 188 Mihir Buildwell Private Limited
 
 189 Sakal Agrotech Private Limited
 
 190 Chetan Infrabuild Private Limited
 
 191 Shashank Buildhome Private Limited
 
 192 Shardul Builders Private Limited
 
 193 Devang Builders Private Limited
 
 194 Rohak Builders Private Limited
 
 195 Amber Infrabuild Private Limited
 
 196 Adil Developers Private Limited
 
 197 Kanha Logistics Private Limited
 
 198 Kirti Hotels Private Limited
 
 199 Umang Buildcon Private Limited
 
 200 Tushar Landcon Private Limited
 
 201 Taru Buildcon Private Limited
 
 202 Swapnil Buildhome Private Limited
 
 203 Snehal Buildcon Private Limited
 
 204 Shreyas Buildhome Private Limited
 
 205 Nakul Technobuild Private Limited
 
 206 Shalin Buildwell Private Limited
 
 207 Subodh Buildwell Private Limited
 
 208 Shikhar Landcon Private Limited
 
 209 Vaman Buildhome Private Limited
 
 210 Veer Buildhome Private Limited
 
 211 Amani Realcon Private Limited
 
 212 Ashtam Builders Private Limited
 
 213 Awal Builders Private Limited
 
 214 Balesh Technobuild Private Limited
 
 215 Bali Buildtech Private Limited
 
 216 Chaitanya Realcon Private Limited
 
 217 Hina Technobuild Private Limited
 
 218 Chapal Buildhome Private Limited
 
 219 Istuti Realcon Private Limited
 
 220 Damini Infratech Private Limited
 
 221 Inqalab Builders Private Limited
 
 222 Darpan Buildtech Private Limited
 
 223 Jagat Buildtech Private Limited
 
 224 Darsh Buildtech Private Limited
 
 225 Kalp Buildtech Private Limited
 
 226 Kashish Buildtech Private Limited
 
 227 Gagan Realcon Private Limited
 
 228 Abhiman Buildtech Private Limited
 
 229 Adhar Buildtech Private Limited
 
 230 Aftab Developers Private Limited
 
 231 Aneesh Buildtech Private Limited
 
 232 Meghmala Builders Private Limited
 
 233 Tariq Infrabuild Private Limited
 
 234 Vishishth Buildhome Private Limited
 
 235 Arhan Builders Private Limited
 
 236 Bhanu Retail Private Limited
 
 237 Kamini Builders And Promoters Private Limited
 
 238 Havish Buildcon Private Limited
 
 239 Inesh Developers Private Limited
 
 240 Obalesh Buildcon Private Limited
 
 241 Jalesh Builders And Developers Private Limited
 
 242 Keshto Buildcon Private Limited
 
 243 Badal Impex Private Limited
 
 244 Omaxe Retail Limited
 
 245 Rishit Buildcon Private Limited
 
 246 Excellent Apartments Private Limited
 
 247 Natraj Colonisers Private Limited
 
 248 NAFHIL Gujrat Homes Limited
 
 249 Affordable Home Loan Advisors Private Limited
 
 250 National Affordable Housing and Infrastructure Limited
 
 251 ShreyTechnobuild Private Limited
 
 252 Radhika Buildwell Private Limited
 
 253 Ramneesh Builders Private Limited
 
 254 Divya Buildhome Private Limited
 
 255 Dwarkadhish Land and Farms Private Limited
 
 256 Cress Propbuild Private Limited
 
 257 Ryhme Propbuild Private Limited
 
 258 Marine Sands Limited
 
 259 Golden Crescent Red & General Trading Limited
 
 260 Sukhversa Properties Private Limited (w.e.f. 25.10.2010)
 
 261 Omaxe Global Trading Corporation P Ltd.  (w.e.f. 27.10.2010)
 
 262 Sunshine Buildtech Private Limited (w.e.f. 27.03.2011)
 
 263 Omaxe Realtors Private Limited (w.e.f. 27.03.2011)
 
 264 Omaxe Infrastructure Development Private Limited (w.e.f.
 27.03.2011)
 
 265 Shamba Developers Private Limited (Upto 26.05.201 0)
 
 266 Panchi Developers Private Limited (Upto 26.05.201 0)
 
 267 Abhas Realcon Private Limited (Upto 9.11.201 0)
 
 268 Adesh Realcon Private Limited (Upto 9.11.201 0)
 
 269 Anveshan Builders Private Limited (Upto 9.11.201 0)
 
 270 Navadip Developers Private Limited (Upto 9.11.201 0)
 
 271 Hemang Buildcon Private Limited (Upto 28.11.201 0)
 
 272 Dinkar Realcon Private Limited(Upto 28.11.201 0)
 
 273 Davesh Technobuild Private Limited (Upto 28.11.201 0)
 
 274 Sarva Buildtech Private Limited (Upto 28.11.201 0)
 
 275 Sarthak Landcon Private Limited(Upto 28.11.201 0)
 
 276 Manit Developers Private Limited (Upto 07.03.2011)
 
 277 Dhanu Real Estate Private Limited (Upto 09.03.2011)
 
 278 Ekapad Developers Private Limited. (Upto 10.03.2011)
 
 279 Damodar Infratech Private Limited (Upto 10.03.2011)
 
 280 Caspian Realtors Private Limited (Upto 15.03.2011)
 
 281 Aashna Realcon Private Limited (Upto 15.03.2011)
 
 282 Mehboob Builders Private Limited (Upto 15.03.2011)
 
 283 Mehtab Infratech Private Limited (Upto 15.03.2011)
 
 284 Aradhya Real Estate Private Limited (Upto 15.03.2011)
 
 285 Daman Builders Private Limited (Upto 15.03.2011)
 
 286 Rupesh Infratech Private Limited(Upto 15.03.2011)
 
 287 Ayush Landcon Private Limited (Upto 16.03.2011)
 
 288 Maa Omwati Education Trust
 
 289 Omaxe Foundation (Regd.)
 
 290 M/s Rohtas Goel (HUF)
 
 291 M/s Sunil Goel ( HUF)
 
 292 M/s J.B.Goel & Family ( HUF)
 
 V Key managerial personnel
 
 1 Mr. Rohtas Goel
 
 2 Mr. Sunil Goel
 
 3 Mr. Jai Bhagwan Goel
 
 VI Relatives of Key managerial personnel
 
 1 Mr. Mohit Goel
 
 30.  Figures in brackets are in respect of the previousyear, which have
 been regrouped/reclassified where necessaryto conform with
 currentyear''s classification.
Source : Dion Global Solutions Limited
Quick Links for omaxe
Follow moneycontrol.com

Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.