Assetz Property Management Services Profile
Key Indicators
- Authorised Capital ₹ 1.05 Cr
- Paid Up Capital ₹ 7.10 M
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 58.00 Cr
- Satisfied Charges ₹ 23.00 Cr
- Revenue Growth 7.40%
- Profit Growth -15.69%
- Ebitda -44.85%
- Net Worth -30.44%
- Total Assets 2.92%
About Assetz Property Management Services
Assetz Property Management Services Private Limited (APMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2003 and has a history of 21 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Bearingpoint Business Consulting Private Limited. The Company is engaged in the Infrastructure And Utilities 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 1.05 Cr and a paid-up capital of Rs 7.10 M.
The company currently has active open charges totaling ₹58.00 Cr. The company has closed loans amounting to ₹23.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Somasundaram Thiruppathi, Sunil Pareek, and Akshay Dewani 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
U70100KA2003PTC032616
- Company No.
032616
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2003
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Assetz Property Management Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Somasundaram Thiruppathi  | Director | 03-Mar-2015 | Current |
| Sunil Pareek | Director | 01-Jul-2022 | Current |
| Akshay Dewani | Director | 30-Aug-2017 | Current |
Financial Performance of Assetz Property Management Services.
Assetz Property Management Services Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.4% increase. The company also saw a substantial fall in profitability, with a 15.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Assetz Property Management Services?
In 2022, Assetz Property Management Services 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)
- Apg Environment Homes Private Limited
Somasundaram Thiruppathi and Akshay Dewani are mutual person
- India Golf Assets Private Limited
Somasundaram Thiruppathi is a mutual person
- Assetz Infrastructure Private Limited
Somasundaram Thiruppathi is a mutual person
- Assetz Premium Homes Private Limited
Somasundaram Thiruppathi is a mutual person
- Assetz Premium Holdings Private Limited
Somasundaram Thiruppathi is a mutual person
- Assetz Industrial Parks Private Limited
Somasundaram Thiruppathi is a mutual person
Charges (Loans)
Open Charges
₹58.00 Cr
Satisfied Charges
₹23.00 Cr
Charges Breakdown by Lending Institutions
- Others : 58.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2019 | Others | ₹58.00 Cr | Open |
| 15 Mar 2017 | Others | ₹23.00 Cr | Satisfied |
How Many Employees Work at Assetz Property Management Services?
Assetz Property Management Services has a workforce of 52 employees as of Mar 31, 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 Assetz Property Management Services, 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 Property Management Services'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 Property Management Services
Recent activity within the organization
- Annual General Meeting
Assetz Property Management Services Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
- Balance Sheet
Assetz Property Management Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Sunil Kumar Pareek was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge registered on 15 Mar 2017 via Charge ID 100108664 with Others was fully satisfied on 09 Aug 2019.
- Charges
A charge with Others amounted to Rs. 58.00 Cr with Charge ID 100278188 was registered on 17 Jun 2019.
- Director Appointment
Akshay Kishore Dewani was appointed as a Director was appointed as a Director on 30 Aug 2017 & has been associated with this company since 7 years 6 months .
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 Property Management Services Private Limited?
Assetz Property Management Services Private Limited was incorporated on 22 Sep 2003.
What is authorized share capital and paid-up capital of Assetz Property Management Services Private Limited?
The authorized share capital of Assetz Property Management Services Private Limited is ₹ 1.05 Cr and paid-up capital is ₹ 7.10 M.
Who are the current board members & directors of Assetz Property Management Services Private Limited?
Currently 3 directors are associated with Assetz Property Management Services Private Limited.
- Somasundaram Thiruppathi
- Sunil Kumar Pareek
- Akshay Kishore Dewani
What is the registered address of Assetz Property Management Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Assetz Property Management Services Private Limited is Assetzhouse 30, Crescentroad India, Bengaluru, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Assetz Property Management Services Private Limited?
The corporate identification number (CIN) of Assetz Property Management Services Private Limited is U70100KA2003PTC032616 and the company number is 032616 as per Ministry of Corporate Affairs (MCA).
What is the official website of Assetz Property Management Services Private Limited?
The Official website of Assetz Property Management Services Private Limited is https://www.assetzproperty.com
What has been the recent revenue trend for Assetz Property Management Services Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Assetz Property Management Services Private Limited has risen by 7.40%.
How many employees does Assetz Property Management Services Private Limited currently have?
As Per 2022 financial reports, 52 employees are currently employed by Assetz Property Management Services Private Limited.
What change has been observed in the net worth of Assetz Property Management Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Assetz Property Management Services Private Limited has experienced an downturn of -30.44%.
What are the total open charges for Assetz Property Management Services Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Assetz Property Management Services Private Limited amount to ₹ 58.00 Cr.
When was the last Balance Sheet of Assetz Property Management Services Private Limited filed with the ROC?
The most recent Balance Sheet for Assetz Property Management Services Private Limited was filed with the ROC on 31 Mar 2024.
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