Abacus Real Estate Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 14-06-2024
- Paid Up Capital ₹ 7.90 M
as on 14-06-2024
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,435.00 Cr
as on 14-06-2024
- Satisfied Charges ₹ 565.00 Cr
as on 14-06-2024
- Revenue 80.58%
(FY 2023)
- Profit -625.43%
(FY 2023)
- Ebitda 164.03%
(FY 2023)
- Net Worth -9.25%
(FY 2023)
- Total Assets 67.18%
(FY 2023)
About Abacus Real Estate
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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 and Corporate Structure Insights 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
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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 LimitedActive 28 years 1 monthHemant Dave, Narendra Lodha and 1 more are mutual person
- Kalpataru Retail Ventures Private LimitedActive 24 years 22 days
Hemant Dave and Narendra Lodha are mutual person
- Kalpataru Properties (Thane) Private LimitedActive 34 years 1 month
Hemant Dave and Narendra Lodha are mutual person
- Azure Tree Lands Private LimitedActive 17 years 10 months
Hemant Dave and Jayant Oswal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Nov 2023 | ₹1,235.00 Cr | Open |
Others Creation Date: 24 Sep 2022 | ₹1,950.00 Cr | Open |
Standard Chartered Bank Creation Date: 10 Jul 2019 | ₹250.00 Cr | Open |
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.
