Classic Realty Profile
Key Indicators
- Authorised Capital ₹ 62.01 Cr
as on 17-11-2024
- Paid Up Capital ₹ 9.93 M
as on 17-11-2024
- Company Age 36 Year, 30 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 364.88 Cr
as on 17-11-2024
- Satisfied Charges ₹ 299.44 Cr
as on 17-11-2024
- Revenue 1.71%
(FY 2023)
- Profit 7.88%
(FY 2023)
- Ebitda -14.61%
(FY 2023)
- Net Worth 9.34%
(FY 2023)
- Total Assets 6.30%
(FY 2023)
About Classic Realty
The Corporate was formerly known as Ace Property Developers Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 62.01 Cr and a paid-up capital of Rs 9.93 M.
The company currently has active open charges totaling ₹364.88 Cr. The company has closed loans amounting to ₹299.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ysbharathi and Ramesh Bheemisetty serve as directors at the Company.
- CIN/LLPIN
U04520KA1988PTC009606
- Company No.
009606
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Nov 1988
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Classic Realty?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ysbharathi  | Director | 01-Nov-2006 | Current |
| Ramesh Bheemisetty | Whole-Time Director | 01-Jan-2019 | Current |
Financial Performance and Corporate Structure Insights of Classic Realty.
Classic Realty Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.71% increase. The company also saw a slight improvement in profitability, with a 7.88% increase in profit. The company's net worth moved up by a moderate rise of 9.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Classic Realty?
In 2023, Classic Realty had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Bhagavath Sannidhi Estates LlpActive 4 years 5 monthsYsbharathi and Ramesh Bheemisetty are mutual person
- Kealawn Technologies Private LimitedActive 30 years 9 months
Ysbharathi and Ramesh Bheemisetty are mutual person
- Sandur Power Company Private LimitedActive 26 years 1 month
Ysbharathi and Ramesh Bheemisetty are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Ltd Creation Date: 27 Jun 2005 | ₹182.44 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Jun 2005 | ₹182.44 Cr | Open |
Indian Overseas Bank Creation Date: 07 Sep 2006 | ₹117.00 Cr | Satisfied |
How Many Employees Work at Classic Realty?
Classic Realty has a workforce of 4 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 Classic Realty, 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 Classic Realty'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.
