About
Basic Data Updated:
8 days agoThe Corporate was formerly known as Altico Capital India Private Limited. The Company is engaged in the Finance And Insurance 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 800.00 cr and a paid-up capital of Rs 534.38 cr.
The Corporate has already closed loans amounting to ₹6,640.10 cr, and has no open charges as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Altico Advisors Limited India are Prachi Shah as Company Secretary and Rajeshwari Ramaswamy as Cfo. Rajeshwari Ramaswamy, Ranjan Lath, and Roshan Banka serve as directors at the Company.
Industry
Company Details
- Location
Bandra, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U74110MH2004PLC144260 |
Company No. | 144260 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 28 Jan 2004 |
Date of AGM | 20 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Mumbai |
Financials of Altico Advisors Limited
Altico Advisors Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.24% decrease. The company also saw a substantial fall in profitability, with a 81.65% decrease in profit. The company's net worth moved up by a moderate rise of 2.07%.
Corporate Structure
Unlock access to Altico Advisors's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Altico Advisors Limited
Unlock and access historical data on people associated with Altico Advisors, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
PS
Prachi Shah Company SecretaryAppointment Date: 21-Feb-2023
Status: Current
RR
Rajeshwari Ramaswamy CFOAppointment Date: 21-Feb-2023
Status: Current
Board Members(2)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 08 Apr 2019 | ₹250.00 Cr | Satisfied |
Others Creation Date: 03 Dec 2018 | ₹73.20 Cr | Satisfied |
Others Creation Date: 29 Nov 2018 | ₹66.50 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Altico Advisors, 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 Altico Advisors's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Ares Management Asia (India) Private Limited
Active 2 years 10 monthsRanjan Lath and Roshan Banka are mutual person
Recent activity within the organization
Annual General Meeting
Altico Advisors Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
20 Sep 2023Balance Sheet
Altico Advisors Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Prachi Anilkumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 21 Feb 2023 & has been associated with this company since 1 year 4 months .
21 Feb 2023Director Appointment
Rajeshwari Ramaswamy was appointed as a Cfo was appointed as a Cfo on 21 Feb 2023 & has been associated with this company since 1 year 4 months .
21 Feb 2023Director Appointment
Rajeshwari Ramaswamy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 06 Jan 2023 & has been associated with this company since 1 year 5 months .
06 Jan 2023
Recent News, Updates & Announcement
- Altico Capital plans to raise Rs 7000 crore.
India Business News Mumbai Nov 7 Altico Capital a nonbanking finance company promoted by Clearwater Capital Abu Dhabi Investment Council and Varde Partners has go.
Times Of India 07 Nov 2017
- Altico Capital invests 59m in two real estate projects.
Deal Street Asia 29 Dec 2016
- Vatika Group Secures Rs700 Crore Funding from Altico Capital for Gurgaon Township Plans for Future Growth.
Vatika Group gets Rs700 crore funding from Altico Capital for their residential township Vatika India Next in Gurgaon The first tranche of Rs475 crore has been secured and the rest will come in later stages The township is spread over 623 acres and already has social infrastructure and over 3000 families residing Altico Capital aims to underwrite projects within the township and plans to deploy Rs5000 crore annually in real estate sectors CBRE acted as the advisor.
mint 23 Dec 2016
- SARE Homes raises 635 mn from Altico Capital KKR.
VCCircle 30 Nov 2016
- Altico Capital Supporting Pune Developer Kumar Urban with Multiple Loans and Future Investments Amidst Real Estate Market Struggles.
When you lend money to a developer youre basically helping them pay off their old loans and build more stuff Altico Capital is doing this for a Punebased developer Kumar Urban and theyve already done it twice this year Theyre also planning to invest more in Pune and other places Basically theyre giving money to developers who cant get it from banks or big investors Hopefully the real estate market will improve soon so they dont need to keep borrowing money.
mint 14 Sep 2016
Frequently asked questions
What is the Incorporation or founding date of Altico Advisors Limited?