Alcove Construction Pvt Ltd

Real estate company specializing in property development, renovation, and sales.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: July 04, 2024

Alcove Construction Profile

Key Indicators

  • Authorised Capital ₹ 19.68 Cr
  • Paid Up Capital ₹ 2.16 M
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 120.37 Cr
  • Satisfied Charges ₹ 108.00 Cr
  • Revenue Growth 81.71%
  • Profit Growth 189.28%
  • Ebitda -65.69%
  • Net Worth 8.69%
  • Total Assets 2.05%

About Alcove Construction

Alcove Construction Pvt Ltd (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 1996 and has a history of 28 years and eight months. Its registered office is in Kolkata, West Bengal, 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 19.68 Cr and a paid-up capital of Rs 2.16 M.

The company currently has active open charges totaling ₹120.37 Cr. The company has closed loans amounting to ₹108.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aakriti Shroff, Archana Shroff, Ajay Shroff, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70101WB1996PTC079790

  • Company No.

    079790

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Alcove Construction?

Board Members (4)

Name Designation Appointment Date Status
Aakriti Shroff Country flag representing In Director 01-Feb-2023 Current
Archana Shroff Country flag representing In Director 03-Dec-1998 Current
Ajay Shroff Country flag representing In Director 01-Nov-2021 Current
Amar Shroff Country flag representing In Director 23-May-1996 Current

Financial Performance of Alcove Construction.

Alcove Construction Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 81.71% increase. The company also saw a substantial improvement in profitability, with a 189.28% increase in profit. The company's net worth moved up by a moderate rise of 8.69%.

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
81.71%
Revenue from Operations
-7.76%
Total Assets
2.05%
Profit or Loss
189.28%
Net Worth
8.69%
EBITDA
-65.69%

What is the Ownership and Shareholding Structure of Alcove Construction?

In 2023, Alcove Construction had a promoter holding of 100.00%. The company had 4 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

₹120.37 Cr

Satisfied Charges

₹108.00 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 90.00 Cr
  • State Bank Of India : 23.12 Cr
  • Others : 7.23 Cr
  • State Bank Of Mysore : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2023 State Bank Of India ₹7.66 Cr Open
25 Jul 2023 Others ₹5.00 Cr Open
31 Jul 2022 Others ₹1.70 M Open
12 Sep 2019 State Bank Of India ₹9.20 Cr Open
11 Feb 2019 State Bank Of India ₹6.26 Cr Open

How Many Employees Work at Alcove Construction?

Alcove Construction has a workforce of 46 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Alcove Construction, 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 Alcove Construction'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 Alcove Construction

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.66 Cr with Charge ID 100825622 was registered on 30 Oct 2023.

    30 Oct 2023

  • Annual General Meeting

    Alcove Construction Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 28 Mar 2018 via Charge ID 100164470 with Others was fully satisfied on 05 Aug 2023.

    05 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100766883 was registered on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge registered on 28 Feb 2018 via Charge ID 100163543 with Others was fully satisfied on 03 Jul 2023.

    03 Jul 2023

  • Balance Sheet

    Alcove Construction Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

Frequently asked questions

  • Alcove Construction Pvt Ltd was incorporated on 23 May 1996.

  • The authorized share capital of Alcove Construction Pvt Ltd is ₹ 19.68 Cr and paid-up capital is ₹ 2.16 M.

  • Currently 4 directors are associated with Alcove Construction Pvt Ltd.

    • Aakriti Shroff
    • Archana Shroff
    • Ajay Kumar Shroff
    • Amar Nath Shroff
  • As per Ministry of Corporate Affairs (Mca), the registered address of Alcove Construction Pvt Ltd is 68/2 Harish Mukherjee Rd, Kolkata, West Bengal, India, 700025.

  • The corporate identification number (CIN) of Alcove Construction Pvt Ltd is U70101WB1996PTC079790 and the company number is 079790 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Alcove Construction Pvt Ltd is https://www.alcoverealty.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Alcove Construction Pvt Ltd has risen by 81.71%.

  • As Per 2023 financial reports, 46 employees are currently employed by Alcove Construction Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Alcove Construction Pvt Ltd has experienced an upsurge of 8.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Alcove Construction Pvt Ltd amount to ₹ 120.37 Cr.

  • The most recent Balance Sheet for Alcove Construction Pvt Ltd was filed with the ROC on 31 Mar 2023.

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