Abhinitha Foundation Private Limited

Provides general construction services for multi dwelling residential buildings and conducts real estate business.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 26, 2024

Abhinitha Foundation Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.00 Cr
  • Satisfied Charges ₹ 15.27 Cr
  • Revenue Growth 63.85%
  • Profit Growth -46.39%
  • Ebitda -339.61%
  • Net Worth -66.29%
  • Total Assets -28.77%

About Abhinitha Foundation

Abhinitha Foundation Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 2004 and has a history of 20 years and seven months. Its registered office is in Chennai, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹22.00 Cr. The company has closed loans amounting to ₹15.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Doraiswamy Abhishek and Doraiswamy Venkataswamy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vikashousing.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101TN2004PTC053598

  • Company No.

    053598

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jun 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Abhinitha Foundation?

Executive Team (1)

NameDesignationAppointment DateStatus
Doraiswamy Venkataswamy Country flag representing In Managing Director15-Oct-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Doraiswamy Abhishek Country flag representing In Whole-Time Director 26-Mar-2007Current

Financial Performance of Abhinitha Foundation.

Abhinitha Foundation Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 63.85% increase. The company also saw a substantial fall in profitability, with a 46.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.29%.

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
63.85%
Revenue from Operations
63.87%
Total Assets
-28.77%
Profit or Loss
-46.39%
Net Worth
-66.29%
EBITDA
-339.61%

What is the Ownership and Shareholding Structure of Abhinitha Foundation?

Unlock access to Abhinitha Foundation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 Cr

Satisfied Charges

₹15.27 Cr

Charges Breakdown by Lending Institutions

  • Repatriates Co-Operative Finance And Development Bank Limited : 20.00 Cr
  • Repco Bank Ltd : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Sep 2015Repatriates Co-Operative Finance And Development Bank Limited₹2.00 CrOpen
19 Dec 2013Repatriates Co-Operative Finance And Development Bank Limited₹8.00 CrOpen
19 Dec 2013Repatriates Co-Operative Finance And Development Bank Limited₹10.00 CrOpen
03 Jun 2011Repco Bank Ltd₹2.00 CrOpen
27 Sep 2010The Karur Vysya Bank Limited₹2.88 CrSatisfied

How Many Employees Work at Abhinitha Foundation?

Unlock and access historical data on people associated with Abhinitha Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abhinitha Foundation, 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 Abhinitha Foundation'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 Abhinitha Foundation

Recent activity within the organization

  • Annual General Meeting

    Abhinitha Foundation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Abhinitha Foundation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Repatriates Co-Operative Finance And Development Bank Limited of Rs. 2.00 Cr registered on 10 Sep 2015 with Charge ID 10596676 was modified on 25 Jan 2016.

    25 Jan 2016

  • Charges

    A charge with Repatriates Co-Operative Finance And Development Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10596676 was registered on 10 Sep 2015.

    10 Sep 2015

  • Charges

    A charge with Repatriates Co-Operative Finance And Development Bank Limited amounted to Rs. 8.00 Cr with Charge ID 10473854 was registered on 19 Dec 2013.

    19 Dec 2013

  • Charges

    A charge with Repatriates Co-Operative Finance And Development Bank Limited amounted to Rs. 10.00 Cr with Charge ID 10473863 was registered on 19 Dec 2013.

    19 Dec 2013

Frequently asked questions

  • Abhinitha Foundation Private Limited was incorporated on 30 Jun 2004.

  • The authorized share capital of Abhinitha Foundation Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Abhinitha Foundation Private Limited.

    • Doraiswamy Abhishek
    • Doraiswamy Venkataswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abhinitha Foundation Private Limited is Plot No C-Block, Door No6 6-C-1/Block 16 1Stflr Bharathi Nagar 2Nd Avenue 3Rd St Kottur India, Chennai, Tamil Nadu, 600085.

  • The corporate identification number (CIN) of Abhinitha Foundation Private Limited is U70101TN2004PTC053598 and the company number is 053598 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abhinitha Foundation Private Limited is https://www.vikashousing.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Abhinitha Foundation Private Limited has risen by 63.85%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Abhinitha Foundation Private Limited has experienced an downturn of -66.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Abhinitha Foundation Private Limited amount to ₹ 22.00 Cr.

  • The most recent Balance Sheet for Abhinitha Foundation Private Limited was filed with the ROC on 31 Mar 2024.

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