Abacus Real Estate Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 7.90 M
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,435.00 Cr
- Satisfied Charges ₹ 565.00 Cr
- Revenue Growth 80.58%
- Profit Growth -625.43%
- Ebitda 164.03%
- Net Worth -9.25%
- Total Assets 67.18%
About Abacus Real Estate
Abacus Real Estate Private Limited (AREPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 2007 and has a history of 17 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
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 1.50 Cr and a paid-up capital of Rs 7.90 M.
The company currently has active open charges totaling ₹3,435.00 Cr. The company has closed loans amounting to ₹565.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hemant Dave, Narendra Lodha, and Jayant Oswal serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70102MH2007PTC173337
- Company No.
173337
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2007
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Real Estate and Construction
Abacus Real Estate Private Limited
Explore comprehensive data for Abacus Real Estate Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Abacus Real Estate?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemant Dave  | Director | 02-Feb-2022 | Current |
| Narendra Lodha | Director | 20-Jul-2017 | Current |
| Jayant Oswal | Director | 27-Mar-2015 | Current |
Financial Performance of Abacus Real Estate.
Abacus Real Estate Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.58% increase. The company also saw a substantial fall in profitability, with a 625.43% decrease in profit. The company's net worth dipped by a decrease of 9.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Abacus Real Estate?
In 2023, Abacus Real Estate had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kalpataru Land Private Limited
Hemant Dave, Narendra Lodha and 1 more are mutual person
- Kalpataru Retail Ventures Private Limited
Hemant Dave and Narendra Lodha are mutual person
- Kalpataru Properties (Thane) Private Limited
Hemant Dave and Narendra Lodha are mutual person
- Kalpataru Gardens Private Limited
Hemant Dave and Jayant Oswal are mutual person
- Kalpataru Land (Surat) Private Limited
Hemant Dave is a mutual person
- Azure Tree Lands Private Limited
Hemant Dave and Jayant Oswal are mutual person
Charges (Loans)
Open Charges
₹3,435.00 Cr
Satisfied Charges
₹565.00 Cr
Charges Breakdown by Lending Institutions
- Others : 3185.00 Cr
- Standard Chartered Bank : 250.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2023 | Others | ₹1,235.00 Cr | Open |
| 24 Sep 2022 | Others | ₹1,950.00 Cr | Open |
| 10 Jul 2019 | Standard Chartered Bank | ₹250.00 Cr | Open |
| 10 May 2018 | Others | ₹70.00 Cr | Satisfied |
| 12 Jul 2017 | Others | ₹100.00 Cr | Satisfied |
How Many Employees Work at Abacus Real Estate?
Abacus Real Estate has a workforce of 47 employees as of Apr 08, 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 Abacus Real Estate, 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 Abacus Real Estate'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 Abacus Real Estate
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 1,235.00 Cr with Charge ID 100818593 was registered on 17 Nov 2023.
- Annual General Meeting
Abacus Real Estate Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Balance Sheet
Abacus Real Estate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 1,950.00 Cr with Charge ID 100628517 was registered on 24 Sep 2022.
- Director Appointment
Hemant Bansilal Dave was appointed as a Director was appointed as a Director on 02 Feb 2022 & has been associated with this company since 3 years 3 months .
- Charges
A charge with Standard Chartered Bank of Rs. 250.00 Cr registered on 10 Jul 2019 with Charge ID 100275761 was modified on 24 Sep 2019.
Recent News, Updates & Announcement
- Pipe Manufacturer and Real Estate Firm Team Up for Joint Development Project in Pune, Saving Money and Streamlining Approvals.
When you want to build a new residential project in Pune, but don't want to spend all your money, so you team up with a pipe manufacturer to develop the land. The pipe manufacturer will get some money, but the real estate firm will get most of it. And the pipe manufacturer doesn't have to worry about getting approvals and stuff, because the real estate firm will take care of it. Smart move, guys. #JointDevelopmentGoals #MoneySaver #RealEstateGameOnPoint.
Frequently asked questions
What is the Incorporation or founding date of Abacus Real Estate Private Limited?
Abacus Real Estate Private Limited was incorporated on 22 Aug 2007.
What is authorized share capital and paid-up capital of Abacus Real Estate Private Limited?
The authorized share capital of Abacus Real Estate Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 7.90 M.
Who are the current board members & directors of Abacus Real Estate Private Limited?
Currently 3 directors are associated with Abacus Real Estate Private Limited.
- Hemant Bansilal Dave
- Narendra Kumar Lodha
- Jayant Chaganlal Oswal
What is the registered address of Abacus Real Estate Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Abacus Real Estate Private Limited is 101 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India, 400055.
What is the corporate identification number (CIN) and company number of Abacus Real Estate Private Limited?
The corporate identification number (CIN) of Abacus Real Estate Private Limited is U70102MH2007PTC173337 and the company number is 173337 as per Ministry of Corporate Affairs (MCA).
What is the official website of Abacus Real Estate Private Limited?
The Official website of Abacus Real Estate Private Limited is https://www.kalpataru.com
What has been the recent revenue trend for Abacus Real Estate Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Abacus Real Estate Private Limited has risen by 80.58%.
How many employees does Abacus Real Estate Private Limited currently have?
As Per 2023 financial reports, 47 employees are currently employed by Abacus Real Estate Private Limited.
What change has been observed in the net worth of Abacus Real Estate Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Abacus Real Estate Private Limited has experienced an downturn of -9.25%.
What are the total open charges for Abacus Real Estate Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Abacus Real Estate Private Limited amount to ₹ 3,435.00 Cr.
When was the last Balance Sheet of Abacus Real Estate Private Limited filed with the ROC?
The most recent Balance Sheet for Abacus Real Estate Private Limited was filed with the ROC on 31 Mar 2023.
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