Altico Advisors Limited

Provides financing loans for real estate and allied sectors.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Altico Advisors Profile

Key Indicators

  • Authorised Capital ₹ 800.00 Cr
  • Paid Up Capital ₹ 534.38 Cr
  • Company Age 21 Year, 6 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 6,640.10 Cr
  • Revenue Growth -45.24%
  • Profit Growth -81.65%
  • Ebitda 120.65%
  • Net Worth 2.07%
  • Total Assets 0.16%

About Altico Advisors

Altico Advisors Limited (AAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 January 2004 and has a history of 21 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Altico Limited. The Company is engaged in the Financial Services 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 company has closed loans amounting to ₹6,640.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Altico Advisors Limited India are Rajeshwari Ramaswamy as CFO and Dhruva Gandhi as Company Secretary. Roshan Banka, Ranjan Lath, and Rajeshwari Ramaswamy serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    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

Industry

Financial Services

Who are the key members and board of directors at Altico Advisors?

Executive Team (2)

Name Designation Appointment Date Status
Rajeshwari Ramaswamy Country flag representing In CFO 21-Feb-2023 Current
Dhruva Gandhi Company Secretary 24-May-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Ranjan Lath Country flag representing In Director 06-Jan-2023 Current
Roshan Banka Country flag representing In Director 06-Jan-2023 Current
Rajeshwari Ramaswamy Country flag representing In Whole-Time Director and Cfo 06-Jan-2023 Current

Financial Performance of Altico Advisors.

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%.

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
-45.24%
Revenue from Operations
33.21%
Total Assets
0.16%
Profit or Loss
-81.65%
Net Worth
2.07%
EBITDA
120.65%

What is the Ownership and Shareholding Structure of Altico Advisors?

In 2023, Altico Advisors 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)

Open Charges

₹0

Satisfied Charges

₹6,640.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 6640.10 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2019 Others ₹250.00 Cr Satisfied
03 Dec 2018 Others ₹73.20 Cr Satisfied
29 Nov 2018 Others ₹66.50 Cr Satisfied
31 Oct 2018 Others ₹500.00 Cr Satisfied
28 Sep 2018 Others ₹3.00 Cr Satisfied

How Many Employees Work at Altico Advisors?

Altico Advisors has a workforce of 14 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Altico Advisors

Recent activity within the organization

  • Director Appointment

    Dhruva Gaurav Gandhi was appointed as a Company Secretary was appointed as a Company Secretary on 24 May 2024 & has been associated with this company since 8 months 11 days .

    24 May 2024

  • 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 2023

  • Balance Sheet

    Altico Advisors Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director 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 11 months .

    21 Feb 2023

  • Director Appointment

    Roshan Kumar Banka was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 28 days .

    06 Jan 2023

  • Director Appointment

    Ranjan Lath was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 28 days .

    06 Jan 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Altico Advisors Limited was incorporated on 28 Jan 2004.

  • The authorized share capital of Altico Advisors Limited is ₹ 800.00 Cr and paid-up capital is ₹ 534.38 Cr.

  • Currently 5 directors are associated with Altico Advisors Limited.

    • Roshan Kumar Banka
    • Ranjan Lath
    • Rajeshwari Ramaswamy
    • Rajeshwari Ramaswamy
    • Dhruva Gaurav Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altico Advisors Limited is Unit No. 1408 14Th Floor C Wing One Bkc G Block Kurla Complex, India, Bandra, Maharashtra, 400051.

  • The corporate identification number (CIN) of Altico Advisors Limited is U74110MH2004PLC144260 and the company number is 144260 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altico Advisors Limited is https://www.alticocap.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altico Advisors Limited has fallen by -45.24%.

  • As Per 2023 financial reports, 14 employees are currently employed by Altico Advisors Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altico Advisors Limited has experienced an upsurge of 2.07%.

  • The most recent Balance Sheet for Altico Advisors Limited was filed with the ROC on 31 Mar 2023.

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