Abi Estates Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 59.85 Cr
- Satisfied Charges ₹ 4.51 M
- Revenue Growth -42.68%
- Profit Growth -12.75%
- Ebitda -392.35%
- Net Worth 1.63%
- Total Assets -2.99%
About Abi Estates
Abi Estates Private Limited (AEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2007 and has a history of 17 years and eight 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹59.85 Cr. The company has closed loans amounting to ₹4.51 M, as per Ministry of Corporate Affairs (MCA) records.
Elango Seeralan, Elango Sakunthala, Abinaya Elango, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101TN2007PTC063948
- Company No.
063948
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Jun 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Abi Estates?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varadharajan Agnikumar  | Director | 01-Apr-2022 | Current |
| Elango Seeralan | Director | 14-Jun-2007 | Current |
| Elango Sakunthala | Director | 14-Jun-2007 | Current |
| Abinaya Elango | Director | 08-Jul-2016 | Current |
Financial Performance of Abi Estates.
Abi Estates Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 42.68% decrease. The company also saw a substantial fall in profitability, with a 12.75% decrease in profit. The company's net worth moved up by a moderate rise of 1.63%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Abi Estates?
In 2023, Abi Estates had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Abi Constructions Private LimitedElango Seeralan, Elango Sakunthala and 2 more are mutual person
- Abi Realtors Private Limited
Elango Seeralan, Elango Sakunthala and 1 more are mutual person
Charges (Loans)
₹59.85 Cr
₹0.45 Cr
Charges Breakdown by Lending Institutions
- Others : 59.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Others | ₹5.00 Cr | Open |
| 27 Mar 2024 | Others | ₹3.00 Cr | Open |
| 22 Feb 2024 | Others | ₹10.00 Cr | Open |
| 14 Feb 2024 | Others | ₹5.00 Cr | Open |
| 14 Feb 2024 | Others | ₹7.00 Cr | Open |
How Many Employees Work at Abi Estates?
Abi Estates has a workforce of 21 employees as of Apr 02, 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 Abi Estates, 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 Abi Estates'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.