Altico Housing Finance India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2020
- Revenue Growth %
- Profit Growth 17.38%
- Ebitda 17.38%
- Net Worth -138.58%
- Total Assets %
About Altico Housing Finance India
Altico Housing Finance India Limited (AHFIL) is Strike Off company established on 12 Nov 2018 with its office registered at Mumbai, Maharashtra, India and has been running since 6 Year, 5 Months with a paid up capital of 0.10 M. According to MCA records, 3 Directors are linked to this company as of 23 Feb 2025.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH2018PLC316947
- Company No.
316947
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Nov 2018
- Date of AGM
02 Nov 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Altico Housing Finance India Limited
Explore comprehensive data for Altico Housing Finance India Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Altico Housing Finance India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhruv Jain  | Director | 29-Nov-2019 | Current |
| Amit Pachisia | Director | 12-Nov-2018 | Current |
| Subramanian Vijaykrishnan | Director | 21-Oct-2020 | Current |
Financial Performance of Altico Housing Finance India.
Altico Housing Finance India Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 17.38% increase in profit. The company's net worth observed a substantial decline by a decrease of 138.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets | |||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Altico Housing Finance India?
In 2020, Altico Housing Finance India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Treysta Capital Advisors LlpAmit Pachisia is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Altico Housing Finance India?
Unlock and access historical data on people associated with Altico Housing Finance India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Altico Housing Finance India, 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 Housing Finance India's trajectory.
Rating
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
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 Housing Finance India
Recent activity within the organization
- Annual General Meeting
Altico Housing Finance India Limited last Annual general meeting of members was held on 02 Nov 2020 as per latest MCA records.
- Director Appointment
Subramanian Vijaykrishnan was appointed as a Director was appointed as a Director on 21 Oct 2020 & has been associated with this company since 4 years 6 months .
- Balance Sheet
Altico Housing Finance India Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
- Director Appointment
Dhruv Oudh Jain was appointed as a Director was appointed as a Director on 29 Nov 2019 & has been associated with this company since 5 years 5 months .
- Director Appointment
Amit Asharatan Pachisia was appointed as a Director was appointed as a Director on 12 Nov 2018 & has been associated with this company since 6 years 5 months .
- Company Incorporation
Altico Housing Finance India Limited was registered on 12 Nov 2018 with Roc Mumbai & aged 6 years 5 months as per MCA records.
Recent News, Updates & Announcement
Rescue plan: Altico may offer to sell its assets.Alticos asset sales could immediately fetch at least Rs 2,000 crore, market sources said..
- HDFC Bank's Rs 200 Crore Debit from Altico Sparks RBI Complaints and SBI Criticism, Foreign-Backed Altico Seeks Resolution Plan.
HDFC Bank debited Rs 200 crore from Altico's account, causing a default on interest payment to Mashreq Bank. Altico and Mashreq have complained to RBI, saying this violates ECB rules. SBI chairman criticized the selfish private bank for damaging the financial system. Altico is backed by foreign investors and is now seeking a resolution plan..
- Altico lenders appoint SBI Cap & EY as advisors.
Existing shareholders also declined to bring in further capital to support upcoming lender repayments, citing their latest infusion in March..
- Real Estate Lender Altico Capital in Talks with Private Equity Funds for Stake Sale and Debt Restructuring Amid Default Troubles.
Altico Capital India Ltd, a real estate lender, is in talks with private equity funds like Apollo Global and Cerberus Capital for a stake sale after defaulting on interest payments. They plan to use the funds to pay back lenders and complete projects. Altico's troubles began when it missed an interest payment to Mashreq Bank. The investors are proposing a 30-40% debt haircut. Altico's total debt is ₹4,361.55 crore. The lender's shareholders are also negotiating with lenders for a debt restructuring and plan to sell their stakes. Altico's COO has taken charge after the CEO's resignation..
Frequently asked questions
What is the Incorporation or founding date of Altico Housing Finance India Limited?
Altico Housing Finance India Limited was incorporated on 12 Nov 2018.
What is authorized share capital and paid-up capital of Altico Housing Finance India Limited?
The authorized share capital of Altico Housing Finance India Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Altico Housing Finance India Limited?
Currently 3 directors are associated with Altico Housing Finance India Limited.
- Dhruv Oudh Jain
- Amit Asharatan Pachisia
- Subramanian Vijaykrishnan
What is the registered address of Altico Housing Finance India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Altico Housing Finance India Limited is 21 2Nd Floor 5 North Avenue Maker Maxity Bandra Kurla Complex, Bandra East India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Altico Housing Finance India Limited?
The corporate identification number (CIN) of Altico Housing Finance India Limited is U65990MH2018PLC316947 and the company number is 316947 as per Ministry of Corporate Affairs (MCA).
What is the official website of Altico Housing Finance India Limited?
The Official website of Altico Housing Finance India Limited is https://www.alticocap.com
What change has been observed in the net worth of Altico Housing Finance India Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Altico Housing Finance India Limited has experienced an downturn of -138.58%.
When was the last Balance Sheet of Altico Housing Finance India Limited filed with the ROC?
The most recent Balance Sheet for Altico Housing Finance India Limited was filed with the ROC on 31 Mar 2020.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Subhashree DuttaDirector
Sanjay GrewalDirectorSA
Sanjeev AgrawalAdditional Director
Similar Companies Based on Diversified Financial Services
Fidelity Business Services India Private Limited Bangaluru, Karnataka, India
Darashaw & Company Private Limited Mumbai, Maharashtra, India
Bharat Financial Inclusion Limited Mumbai, Maharashtra, India
Tipsons Financial Services Private Limited Ahmedabad, Gujarat, India- Tipsons Consultancy Services Private Limited Ahmedabad, Gujarat, India
Anmol Finsec Limited Ahmedabad, Gujarat, India
Micro Labs Limited Bangaluru, Karnataka, India