Amaravati Development Corporation Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 100.00 Cr
- Company Age 9 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Revenue Growth 46.90%
- Profit Growth 57.74%
- Ebitda 24.81%
- Net Worth -14.06%
- Total Assets -0.05%
About Amaravati Development Corporation
Amaravati Development Corporation Limited (ADCL) is a Public Limited State Government Company incorporated in India on 21 May 2015 (Nine years and nine months 3 days old ). Its registered office is in Krishna, Andhra Pradesh, India.
The Corporate was formerly known as Capital City Development And Management Corporation Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Amaravati Development Corporation Limited India are Srinivasa Bandla as CFO and Neha Mishra as Company Secretary. Devarakonda Bhasker, Yuvaraj Narasimhan, Pradyumna Poojari, and One other member serve as directors at the Company.
Company Details
- Location
Krishna, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U93000AP2015SGC105535
- Company No.
105535
- Company Classification
Public Limited State Government Company
- Incorporation Date
21 May 2015
- Date of AGM
27 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Amaravati Development Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devarakonda Bhasker  | Managing Director | 27-Jun-2024 | Current |
| Srinivasa Bandla | CFO | 30-Jul-2022 | Current |
| Neha Mishra | Company Secretary | 16-Mar-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yuvaraj Narasimhan | Nominee Director | 22-Jul-2023 | Current |
| Pradyumna Poojari | Nominee Director | 29-Nov-2022 | Current |
| Bhaskar Katamneni | Nominee Director | 19-Jun-2024 | Current |
Financial Performance of Amaravati Development Corporation.
Amaravati Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.9% increase. The company also saw a substantial improvement in profitability, with a 57.74% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Amaravati Development Corporation?
In 2022, Amaravati Development Corporation had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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The Andhra Sugars LimitedDevarakonda Bhasker is a mutual person
Andhra Pradesh Gas Distribution Corporation LimitedYuvaraj Narasimhan is a mutual person
Andhra Pradesh State Fibernet LimitedYuvaraj Narasimhan is a mutual person
Ysr Steel Corporation LimitedYuvaraj Narasimhan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Amaravati Development Corporation?
Unlock and access historical data on people associated with Amaravati Development Corporation, 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 Amaravati Development Corporation, 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 Amaravati Development Corporation'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.
