Artha Real Estate Corporation Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
as on 15-12-2024
- Paid Up Capital ₹ 138.05 Cr
as on 15-12-2024
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 52.00 Cr
as on 15-12-2024
- Revenue -20.42%
(FY 2022)
- Profit 80.16%
(FY 2022)
- Ebitda 81.87%
(FY 2022)
- Net Worth -14.55%
(FY 2022)
- Total Assets 10.81%
(FY 2022)
About Artha Real Estate Corporation
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
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 and Corporate Structure Insights 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 LimitedActive 17 years 4 monthsNarayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
- Artha Broking Services LimitedActive 17 years 4 months
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 2 more are mutual person
- Homznow Realty Advisors LimitedActive 17 years 2 months
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
First Reach Financial Consultancy Services Private LimitedActive 17 years 15 daysNarayanaswamy Kannan is a mutual person
- Hoskote Neo Homes LimitedActive 10 years 9 months
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
- Artha Infra Developers LimitedActive 17 years 2 months
Narayanaswamy Kannan, Venkatesh Vaidyanathan and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Nov 2019 | ₹7.50 Cr | Satisfied |
Others Creation Date: 12 May 2017 | ₹20.00 Cr | Satisfied |
Others Creation Date: 18 Aug 2016 | ₹3.00 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.
