Absolute Built Concept Private Limited

Construction company providing project management, liasioning, and building construction services since 2005.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 08, 2024

Absolute Built Concept Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 19 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.10 Cr
  • Revenue Growth 118.18%
  • Profit Growth 31.29%
  • Ebitda 14.32%
  • Net Worth -14.33%
  • Total Assets 14.54%

About Absolute Built Concept

Absolute Built Concept Private Limited (ABCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 July 2005 and has a history of 19 years and seven months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Absolute Built Concept Constructions Pvt Ltd. The Company is engaged in the Infrastructure And Utilities 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹20.10 Cr.

Srinivasa Manikonda and Venkatakrishna Dadi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U04520KA2005PTC036727

  • Company No.

    036727

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Absolute Built Concept?

Board Members (2)

Name Designation Appointment Date Status
Srinivasa Manikonda Country flag representing In Director 07-Jul-2005 Current
Venkatakrishna Dadi Country flag representing In Additional Director 18-May-2019 Current

Financial Performance of Absolute Built Concept.

Absolute Built Concept Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 118.18% increase. The company also saw a substantial improvement in profitability, with a 31.29% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.33%.

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
118.18%
Revenue from Operations
135.95%
Total Assets
14.54%
Profit or Loss
31.29%
Net Worth
-14.33%
EBITDA
14.32%

What is the Ownership and Shareholding Structure of Absolute Built Concept?

In 2020, Absolute Built Concept had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.10 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 16.79 Cr
  • Vijaya Bank : 2.84 Cr
  • L & T Finance Limited : 0.48 Cr

Latest Charge Details

Date Lender Amount Status
23 Dec 2022 Others ₹3.00 Cr Open
23 Dec 2022 Others ₹2.00 Cr Open
23 Dec 2022 Others ₹0.34 M Open
23 Dec 2022 Others ₹1.50 M Open
23 Dec 2022 Others ₹2.25 M Open

How Many Employees Work at Absolute Built Concept?

Absolute Built Concept has a workforce of 1 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Absolute Built Concept, 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 Absolute Built Concept'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 Absolute Built Concept

Recent activity within the organization

  • Annual General Meeting

    Absolute Built Concept Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Absolute Built Concept Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100665370 was registered on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100665371 was registered on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.03 Cr with Charge ID 100665372 was registered on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100665377 was registered on 23 Dec 2022.

    23 Dec 2022

Frequently asked questions

  • Absolute Built Concept Private Limited was incorporated on 07 Jul 2005.

  • The authorized share capital of Absolute Built Concept Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Absolute Built Concept Private Limited.

    • Srinivasa Kumar Manikonda
    • Venkatakrishna Varaprasad Dadi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Absolute Built Concept Private Limited is No 1417 Ground Floor 23Rd Cross 12Th Main 3Rd Block East Jayanagar India, Bangalore, Karnataka, 560011.

  • The corporate identification number (CIN) of Absolute Built Concept Private Limited is U04520KA2005PTC036727 and the company number is 036727 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Absolute Built Concept Private Limited has risen by 118.18%.

  • As Per 2020 financial reports, 1 employees are currently employed by Absolute Built Concept Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Absolute Built Concept Private Limited has experienced an downturn of -14.33%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Absolute Built Concept Private Limited amount to ₹ 20.10 Cr.

  • The most recent Balance Sheet for Absolute Built Concept Private Limited was filed with the ROC on 31 Mar 2023.

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