Assetz Communities Development Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.01 Cr
- Revenue Growth -0.23%
- Profit Growth 28.58%
- Ebitda -17.60%
- Net Worth 17.50%
- Total Assets 0.08%
About Assetz Communities Development
Assetz Communities Development Private Limited (ACDPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 October 2014 and has a history of Ten years and six months. Its registered office is in Bangaluru, Karnataka, India.
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 1.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company has closed loans amounting to ₹1.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Akshay Dewani and Pankaj Bajaj 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
U70102KA2014PTC076700
- Company No.
076700
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Oct 2014
- 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
Who are the key members and board of directors at Assetz Communities Development?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Bajaj  | Director | 13-Feb-2024 | Current |
| Akshay Dewani | Director | 01-Jan-2017 | Current |
Financial Performance of Assetz Communities Development.
Assetz Communities Development Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.23% decrease. The company also saw a substantial improvement in profitability, with a 28.58% increase in profit. The company's net worth Soared by an impressive increase of 17.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Assetz Communities Development?
In 2023, Assetz Communities Development had a promoter holding of 100.00%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Assetz Property & Homes Llp
Akshay Dewani is a mutual person
- Apg Environment Homes Private Limited
Akshay Dewani is a mutual person
- Apg Abode Homes Private Limited
Akshay Dewani is a mutual person
- Assetz Property Management Services Private Limited
Akshay Dewani is a mutual person
- Assetz Whitefield Homes Private Limited
Akshay Dewani and Pankaj Bajaj are mutual person
- Apg Lifestyle Homes Private Limited
Akshay Dewani and Pankaj Bajaj are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.01 Cr
Charges Breakdown by Lending Institutions
- Il & Fs Trust Company Limited : 1.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2015 | Il & Fs Trust Company Limited | ₹1.01 Cr | Satisfied |
How Many Employees Work at Assetz Communities Development?
Unlock and access historical data on people associated with Assetz Communities Development, 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 Assetz Communities Development, 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 Assetz Communities Development'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 Assetz Communities Development
Recent activity within the organization
- Annual General Meeting
Assetz Communities Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Assetz Communities Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Pankaj Kumar Bajaj was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge registered on 27 Jan 2015 via Charge ID 10548683 with Il & Fs Trust Company Limited was fully satisfied on 16 Aug 2018.
- Director Appointment
Akshay Kishore Dewani was appointed as a Director was appointed as a Director on 01 Jan 2017 & has been associated with this company since 8 years 3 months .
- Charges
A charge with Il & Fs Trust Company Limited amounted to Rs. 1.01 Cr with Charge ID 10548683 was registered on 27 Jan 2015.
Recent News, Updates & Announcement
- Assetz Property raised Rs 1000 cr for residential projects.
Assetz Property will use the money to develop about 17 million sq ft of space in residential projects across Bengaluru. .
- Flipkart Ordered to Cease Use of MarQ Brand by Court, Marc Enterprises Claims Trademark Infringement.
When you copy someone's brand, you get a court order to stop. Flipkart can't use MarQ until Feb 5. Judge said MarQ sounds like Marc, so no more MarQ for Flipkart. Flipkart says they didn't copy, but they can't use MarQ for now. Flipkart sold lots of stuff under MarQ, but Marc Enterprises said they're greedy. Flipkart should have checked trademark office..
Frequently asked questions
What is the Incorporation or founding date of Assetz Communities Development Private Limited?
Assetz Communities Development Private Limited was incorporated on 02 Oct 2014.
What is authorized share capital and paid-up capital of Assetz Communities Development Private Limited?
The authorized share capital of Assetz Communities Development Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Assetz Communities Development Private Limited?
Currently 2 directors are associated with Assetz Communities Development Private Limited.
- Akshay Kishore Dewani
- Pankaj Kumar Bajaj
What is the registered address of Assetz Communities Development Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Assetz Communities Development Private Limited is Assetzhouse 30, Crescentroad India, Bengaluru, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Assetz Communities Development Private Limited?
The corporate identification number (CIN) of Assetz Communities Development Private Limited is U70102KA2014PTC076700 and the company number is 076700 as per Ministry of Corporate Affairs (MCA).
What is the official website of Assetz Communities Development Private Limited?
The Official website of Assetz Communities Development Private Limited is https://www.assetzproperty.com
What has been the recent revenue trend for Assetz Communities Development Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Assetz Communities Development Private Limited has fallen by -0.23%.
What change has been observed in the net worth of Assetz Communities Development Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Assetz Communities Development Private Limited has experienced an upsurge of 17.50%.
When was the last Balance Sheet of Assetz Communities Development Private Limited filed with the ROC?
The most recent Balance Sheet for Assetz Communities Development Private Limited was filed with the ROC on 31 Mar 2024.
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