Ag8 Ventures Limited

Real estate development company building residential and commercial properties in Bhopal region.

1997 | Bhopal, Madhya Pradesh (India) | Active
Last Updated:

Ag8 Ventures Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 242.15 Cr
  • Satisfied Charges ₹ 299.39 Cr
  • Revenue Growth -39.24%
  • Profit Growth -351.56%
  • Ebitda -16.77%
  • Net Worth -10.59%
  • Total Assets -4.84%

About Ag8 Ventures

Ag8 Ventures Limited (AVL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 November 1997 and has a history of 27 years and four months. Its registered office is in Bhopal, Madhya Pradesh, India.

The Corporate was formerly known as Aakriti Dwellings Private Limited. 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 2020. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.90 Cr.

The company currently has active open charges totaling ₹242.15 Cr. The company has closed loans amounting to ₹299.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hemantkumar Soni, Shaunak Ghodke, and Rajeev Soni serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201MP1997PLC012427

  • Company No.

    012427

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 1997

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Real Estate and Construction

What products or services does Ag8 Ventures Limited offer?

Ag8 Ventures Limited offers a wide range of products and services, including Real Estate Services, Sugarcane Juice Machine & Sugar Mill Machinery, Sugar Plant, Sugar Mill Machinery, Residential Property, Residential Flats.

Who are the key members and board of directors at Ag8 Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Hemantkumar Soni Country flag representing In Managing Director04-Nov-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Shaunak Ghodke Country flag representing In Director 03-Aug-2011Current
Rajeev Soni Country flag representing In Director 28-Jun-2008Current

Financial Performance of Ag8 Ventures.

Ag8 Ventures Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 39.24% decrease. The company also saw a substantial fall in profitability, with a 351.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.59%.

Ag8 Ventures revenue growth over time
Ag8 Ventures 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
-39.24%
Revenue from Operations
-39.22%
Total Assets
-4.84%
Profit or Loss
-351.56%
Net Worth
-10.59%
EBITDA
-16.77%

What is the Ownership and Shareholding Structure of Ag8 Ventures?

In 2020, Ag8 Ventures had a promoter holding of 100.00%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹242.15 Cr

Satisfied Charges

₹299.39 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 78.51 Cr
  • Others : 77.64 Cr
  • Ifci Limited : 45.00 Cr
  • Housing And Urban Development Corporation Limited : 23.00 Cr
  • Syndicate Bank : 12.00 Cr
  • Others : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Dec 2017Others₹28.00 CrOpen
27 Oct 2016Others₹30.00 CrOpen
23 Feb 2016Others₹19.64 CrOpen
18 Sep 2015Ifci Limited₹45.00 CrOpen
31 Mar 2015Syndicate Bank₹7.50 CrOpen

How Many Employees Work at Ag8 Ventures?

Ag8 Ventures has a workforce of 1 employees as of Apr 06, 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.

Employee growth trends for Ag8 Ventures Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ag8 Ventures, 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 Ag8 Ventures'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 Ag8 Ventures

Recent activity within the organization

  • Charges

    A charge registered on 14 Mar 2016 via Charge ID 100016775 with Others was fully satisfied on 22 Jan 2021.

  • Annual General Meeting

    Ag8 Ventures Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 19.64 Cr registered on 23 Feb 2016 with Charge ID 10625258 was modified on 29 Sep 2020.

  • Balance Sheet

    Ag8 Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Gwalior.

  • Charges

    A charge registered on 28 Feb 2015 via Charge ID 10557070 with Intec Capital Limited was fully satisfied on 04 Nov 2019.

  • Charges

    A charge registered on 24 Jan 2005 via Charge ID 90201999 with Krishna Mercantile Co.Operative Bank Ltd. Bhopal was fully satisfied on 04 Nov 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Ag8 Ventures Limited?

    Ag8 Ventures Limited was incorporated on 04 Nov 1997.

  • What is authorized share capital and paid-up capital of Ag8 Ventures Limited?

    The authorized share capital of Ag8 Ventures Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.90 Cr.

  • Who are the current board members & directors of Ag8 Ventures Limited?

    Currently 3 directors are associated with Ag8 Ventures Limited.

    • Hemantkumar Soni
    • Shaunak Sudhir Ghodke
    • Rajeev Soni

  • What is the registered address of Ag8 Ventures Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ag8 Ventures Limited is Aakriti House E-8 Extension Eco City, Front The Nest Bawa Dia Kalan India, Bhopal, Madhya Pradesh, 462026.

  • What is the corporate identification number (CIN) and company number of Ag8 Ventures Limited?

    The corporate identification number (CIN) of Ag8 Ventures Limited is U45201MP1997PLC012427 and the company number is 012427 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ag8 Ventures Limited?

    The Official website of Ag8 Ventures Limited is https://www.aakriti.com

  • What has been the recent revenue trend for Ag8 Ventures Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Ag8 Ventures Limited has fallen by -39.24%.

  • How many employees does Ag8 Ventures Limited currently have?

    As Per 2018 financial reports, 1 employees are currently employed by Ag8 Ventures Limited.

  • What change has been observed in the net worth of Ag8 Ventures Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Ag8 Ventures Limited has experienced an downturn of -10.59%.

  • What are the total open charges for Ag8 Ventures Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Ag8 Ventures Limited amount to ₹ 242.15 Cr.

  • When was the last Balance Sheet of Ag8 Ventures Limited filed with the ROC?

    The most recent Balance Sheet for Ag8 Ventures Limited was filed with the ROC on 31 Mar 2020.

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