Alt Drx Private Limited

Digital platform for global real estate investment and exchange.

2022 | Bangalore, Karnataka (India) | Active
Last Updated: October 26, 2024

Alt Drx Profile

Key Indicators

  • Authorised Capital ₹ 10.00 K
  • Paid Up Capital ₹ 10.00 K
  • Company Age 2 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023

About Alt Drx

Alt Drx Private Limited (ADPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2022 (Two years and four months 9 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Internet 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 K and a paid-up capital of Rs 10.00 K , as per Ministry of Corporate Affairs (MCA) records.

Sachin Joshi, Narayanan, Avinash Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70200KA2022PTC166655

  • Company No.

    166655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2022

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Alt Drx?

Board Members (4)

Name Designation Appointment Date Status
Sachin Joshi Country flag representing In Whole-Time Director 27-Mar-2024 Current
Narayanan Country flag representing In Director 30-Sep-2022 Current
Avinash Rao Country flag representing In Director 30-Sep-2022 Current
Avijit Mishra Whole-Time Director Current

Financial Performance of Alt Drx.

Alt Drx Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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  • 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
Revenue from Operations
Total Assets
Profit or Loss
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EBITDA

What is the Ownership and Shareholding Structure of Alt Drx?

In 2023, Alt Drx 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)

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There are no open charges registered against the company as per our records.

How Many Employees Work at Alt Drx?

Alt Drx has a workforce of 0 employees as of Mar 31, 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 Alt Drx, 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 Alt Drx's trajectory.

Rating

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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 Alt Drx

Recent activity within the organization

  • Director Appointment

    Sachin Joshi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 27 Mar 2024 & has been associated with this company since 10 months 11 days .

    27 Mar 2024

  • Annual General Meeting

    Alt Drx Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

    29 Dec 2023

  • Balance Sheet

    Alt Drx Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Narayanan was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Director Appointment

    Avinash Vuntakal Rao was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Company Incorporation

    Alt Drx Private Limited was registered on 30 Sep 2022 with Roc Bangalore & aged 2 years 4 months as per MCA records.

    30 Sep 2022

Recent News, Updates & Announcement

  • News icon
  • News icon
    ALT DRX, World’s First Digital Real Estate Exchange, raises $ 3.6 million Now Invest in Real Estate 1 Sq.Ft at a time! | Technology.

    Not very long ago Shares of renowned companies meant physical pieces of paper that our elders held in their steel almirah They could be bought or sold only by getting on a phone call with our friendly neighborhood stockbroker Then dematerialisation of shares swept in stock exchanges went digital resulting in a better and stronger Capital Markets Agricultural commodities trading were once done only between farmers and middle-men in village mandis Then commodity exchanges took over and changed the world bringing in a great deal of efficiency to all stakeholders Every time we had to sell a property or rent it out or pay its bills or wonder what its current market value is havent we all wished for Real Estate transactions going digital That time has come The Global Real Estate market at US 230 trillion is larger than the combined value of Global Stocks Bonds at US 170 trillion Experts believe that the next 7 to 10 years Tokenisation of Real Estate would pave way for very large real estate exchanges to emerge across the world which in size scale and credibility would compete against the likes of NASDAQ or SGX or NSE This time around this innovation is going to be India-led ALT DRX a funded home-grown startup from Bangalore has launched the Worlds first stock exchange like Digital Real Estate Marketplace allowing Indians to invest in dematerialised Real Estate 1 SQFT at a time ALT DRX will solve the problem of illiquidity in Mid-size Real Estate Assets and possibly open the gates for capital to move into socially relevant rent yielding real estate assets such Rental Housing Hostels Care Homes Holiday Homes Schools Industrial Warehousing High-Street Retail Hotels and managed Offices ALT DRX will allow owners of these real estate assets to dematerialise their real estate ownership into Tokenised Tradeable Digital Assets ie say a 50000 sqft building being Tokenised into 50000 Tradeable Digital Assets each of which hold the economic value proportionate to 1 SQFT of the said property These tradeable digital assets can then be bought held traded at real-time prices and settled instantaneously between pre-qualified KYC compliant registered users of wwwAltDRXcom The platform uses a permissioned centralised blockchain based ledger protocol which restricts the transfer of these digital assets to foreigners while attempting to build user credibility by using Zero Trust Architecture said ALT DRXs Co-Founder CTO Sachin Joshi The start-up with an India first launch strategy has raised in a seed round US 16 mn in equity and 20 mn in callable mezz debt for co-investing into real estate assets ALT DRX has in its seed rounds seen investor participation from one of Indias top law firm renowned family offices successful start-up founders unnamed senior professionals from Development Bank of Singapore Ernst Young HSBC Volvo Salesforce amongst others The Platform has also set up an unique Development Management Company for building income generating alternate real estate assets in partnership with the Kolte Patil Family Office ALT is founded by senior professionals from Investment Banking Real Estate Technology Addressing the million-dollar question on why a digital real estate market place is vital Avinash Rao its founders said Access to Real Estate has always been only for the more privileged amongst us due to the larger amount of savings that are required to buy them Democratisation of Real Estate ownership by dematerialising it empowers everyone to co-own high-quality residential as well as commercial real estate that are managed by professionals About ALT DRX Alt RealTech Pvt Ltd owns the platform wwwAltDRXcom Anand Narayanan a veteran banker cum real estate professional and Avinash Rao a senior Telecom real estate professional along with 7 senior professionals Prashanth Aroor Co-Founder - Hotel Assets Avijit Mishra Co-Founder - Office Warehousing Assets Willibrord George Co-Founder - School Assets Nikhil Joshi Co-Founder - Global Real Estate Sanjeet Co-Founder - Land Assets Sachin Joshi Co-Founder CTO and Rajesh Krishnamurthy Co-Founder - Tokenomics are the core founding team of ALT Disclaimer The above content is a press release and PTI takes no editorial responsibility for the same.

    21 Mar 2023 Devdiscourse

  • News icon
    ALT Realtech Launches World's First Digital Real Estate Exchange, Solving Illiquidity and Tokenizing Ownership for All Investors.

    ALT Realtech launches ALT DRX, world's first digital real estate exchange. Buy 1 sq. ft. at a time! Raised $1.6M in equity and $2M in debt. Investors include top law firm, family offices, and startup founders. Solves illiquidity in real estate assets. Tokenizes ownership into tradable digital assets. Access for all, not just the privileged. Global real estate market valued at $230T. Tokenization to compete with NASDAQ and NYSE. Co-founded by investment banking, real estate, and tech pros..

    19 Mar 2023 Economic Times

Frequently asked questions

  • Alt Drx Private Limited was incorporated on 30 Sep 2022.

  • The authorized share capital of Alt Drx Private Limited is ₹ 10.00 K and paid-up capital is ₹ 10.00 K .

  • Currently 4 directors are associated with Alt Drx Private Limited.

    • Sachin Joshi
    • Narayanan
    • Avinash Vuntakal Rao
    • Avijit Mishra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Alt Drx Private Limited is 778/A 3Rd Floor Chinnaswamy Chambers 12Th Cross, Double Road Indiranagar 2Nd Stage India, Bangalore North, Karnataka, 560038.

  • The corporate identification number (CIN) of Alt Drx Private Limited is U70200KA2022PTC166655 and the company number is 166655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Alt Drx Private Limited is https://www.altdrx.com

  • The most recent Balance Sheet for Alt Drx Private Limited was filed with the ROC on 31 Mar 2023.