Artha Real Estate Corporation Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 138.05 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 52.00 Cr
- Revenue Growth -20.42%
- Profit Growth 80.16%
- Ebitda 81.87%
- Net Worth -14.55%
- Total Assets 10.81%
About Artha Real Estate Corporation
Artha Real Estate Corporation Limited (ARECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 February 2008 and has a history of 17 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Arthaeon Financial Services 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 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 138.05 Cr.
The company has closed loans amounting to ₹52.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Artha Real Estate Corporation Limited India are Srinivasan Thangavel as CFO and Pallavi Kaveri as Company Secretary. Narayanaswamy Kannan, Venkatesh Vaidyanathan, Srinivasan Thangavel, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990KA2008PLC085891
- Company No.
085891
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
08 Feb 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Real Estate and Construction
Artha Real Estate Corporation Limited
Explore comprehensive data for Artha Real Estate Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Artha Real Estate Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Thangavel  | CFO | 23-Aug-2019 | Current |
| Pallavi Kaveri | Company Secretary | 09-Jun-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Narayanaswamy Kannan | Director | 22-Mar-2022 | Current |
| Venkatesh Vaidyanathan | Director | 07-Feb-2020 | Current |
| Srinivasan Thangavel | Whole-Time Director and Cfo | 23-Aug-2019 | Current |
| Swaraagni Murthy | Director | 07-Oct-2023 | Current |
Financial Performance of Artha Real Estate Corporation.
Artha Real Estate Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.42% decrease. The company also saw a substantial improvement in profitability, with a 80.16% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Artha Real Estate Corporation?
In 2022, Artha Real Estate Corporation had a promoter holding of 100.00%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Artha Infra Projects Limited
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
- Artha Broking Services Limited
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 2 more are mutual person
- Homznow Realty Advisors Limited
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
Hoskote Neo Homes LimitedNarayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
- Artha Infra Developers Limited
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹52.00 Cr
Charges Breakdown by Lending Institutions
- Others : 34.50 Cr
- Venus India Asset-Finance Private Limited : 16.00 Cr
- Kotak Mahindra Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2019 | Others | ₹7.50 Cr | Satisfied |
| 12 May 2017 | Others | ₹20.00 Cr | Satisfied |
| 18 Aug 2016 | Others | ₹3.00 Cr | Satisfied |
| 16 May 2016 | Others | ₹4.00 Cr | Satisfied |
| 22 Aug 2015 | Venus India Asset-Finance Private Limited | ₹16.00 Cr | Satisfied |
How Many Employees Work at Artha Real Estate Corporation?
Artha Real Estate Corporation has a workforce of 19 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Artha Real Estate 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 Artha Real Estate 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.
Latest Updates, News, and FAQs on Artha Real Estate Corporation
Recent activity within the organization
- Annual General Meeting
Artha Real Estate Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Artha Real Estate Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Swaraagni Murthy was appointed as a Director was appointed as a Director on 07 Oct 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Narayanaswamy Kannan was appointed as a Director was appointed as a Director on 22 Mar 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge registered on 18 Nov 2019 via Charge ID 100307934 with Others was fully satisfied on 05 Jun 2020.
- Director Appointment
Venkatesh Vaidyanathan was appointed as a Director was appointed as a Director on 07 Feb 2020 & has been associated with this company since 5 years 3 months .
Recent News, Updates & Announcement
Artha Group Secures Sebi Approval for Rs 200 Crore Artha Venture Fund I, Targets 40% Return in 3 Months.Artha Group got approval from Sebi for their new fund, Artha Venture Fund I, with a size of Rs 200 crore and a green shoe option to raise it to Rs 300 crore. They have invested in 56 startups, including OYO Rooms and NowFloat. The fund will focus on early-stage startups in consumer brands, fintech, and B2B segments. First close in 3 months, targeting 40% return. #StartupGoals #FundingFrenzy #ArthaVentureFundI.
Frequently asked questions
What is the Incorporation or founding date of Artha Real Estate Corporation Limited?
Artha Real Estate Corporation Limited was incorporated on 08 Feb 2008.
What is authorized share capital and paid-up capital of Artha Real Estate Corporation Limited?
The authorized share capital of Artha Real Estate Corporation Limited is ₹ 200.00 Cr and paid-up capital is ₹ 138.05 Cr.
Who are the current board members & directors of Artha Real Estate Corporation Limited?
Currently 6 directors are associated with Artha Real Estate Corporation Limited.
- Narayanaswamy Kannan
- Venkatesh Vaidyanathan
- Srinivasan Thangavel
- Swaraagni Murthy
- Srinivasan Thangavel
- Pallavi Bhimshen Kaveri
What is the registered address of Artha Real Estate Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Artha Real Estate Corporation Limited is No. 110/37 Solitaire Building Service Road, Outer Ring Marathahalli India, Bangalore, Karnataka, 560037.
What is the corporate identification number (CIN) and company number of Artha Real Estate Corporation Limited?
The corporate identification number (CIN) of Artha Real Estate Corporation Limited is U65990KA2008PLC085891 and the company number is 085891 as per Ministry of Corporate Affairs (MCA).
What is the official website of Artha Real Estate Corporation Limited?
The Official website of Artha Real Estate Corporation Limited is https://www.arthaproperty.com
What has been the recent revenue trend for Artha Real Estate Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Artha Real Estate Corporation Limited has fallen by -20.42%.
How many employees does Artha Real Estate Corporation Limited currently have?
As Per 2022 financial reports, 19 employees are currently employed by Artha Real Estate Corporation Limited.
What change has been observed in the net worth of Artha Real Estate Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Artha Real Estate Corporation Limited has experienced an downturn of -14.55%.
When was the last Balance Sheet of Artha Real Estate Corporation Limited filed with the ROC?
The most recent Balance Sheet for Artha Real Estate Corporation Limited was filed with the ROC on 31 Mar 2024.
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