Acestar Properties Profile
Key Indicators
- Authorised Capital ₹ 27.06 Cr
as on 24-10-2024
- Paid Up Capital ₹ 0.39 M
as on 24-10-2024
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 24.89 Cr
as on 24-10-2024
- Satisfied Charges ₹ 188.23 Cr
as on 24-10-2024
- Revenue 96.34%
(FY 2023)
- Profit 1130.95%
(FY 2023)
- Ebitda 215.02%
(FY 2023)
- Net Worth 199.46%
(FY 2023)
- Total Assets 19.80%
(FY 2023)
About Acestar Properties
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 27.06 Cr and a paid-up capital of Rs 0.39 M.
The company currently has active open charges totaling ₹24.89 Cr. The company has closed loans amounting to ₹188.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahalingam Kannan and Bakthavachalam Rajkumar serve as directors at the Company.
- CIN/LLPIN
U45202TN2006PTC059680
- Company No.
059680
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 May 2006
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Acestar Properties?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahalingam Kannan  | Director | 21-Oct-2021 | Current |
| Bakthavachalam Rajkumar | Director | 12-Nov-2021 | Current |
Financial Performance of Acestar Properties.
Acestar Properties Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.34% increase. The company also saw a substantial improvement in profitability, with a 1130.95% increase in profit. The company's net worth Soared by an impressive increase of 199.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Acestar Properties?
In 2023, Acestar Properties had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Alamo Xs Real Private LimitedActive 29 years 9 monthsMahalingam Kannan and Bakthavachalam Rajkumar are mutual person
Jacaranda Properties Private LimitedActive 11 years 5 monthsMahalingam Kannan and Bakthavachalam Rajkumar are mutual person
- Magenta Ceramik Systems Private LimitedActive 17 years 7 months
Mahalingam Kannan and Bakthavachalam Rajkumar are mutual person
Alpine Holdings LlpActive 12 years 2 monthsMahalingam Kannan and Bakthavachalam Rajkumar are mutual person
- Xs Real Property Service LlpActive 12 years 1 month
Mahalingam Kannan and Bakthavachalam Rajkumar are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 28 Mar 2024 | ₹12.00 Cr | Open |
State Bank Of India Creation Date: 18 Mar 2023 | ₹12.00 Cr | Open |
Hdfc Bank Limited Creation Date: 30 Jun 2022 | ₹2.04 M | Open |
How Many Employees Work at Acestar Properties?
Acestar Properties has a workforce of 49 employees as of Apr 09, 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 Acestar Properties, 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 Acestar Properties'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.
