Commune Properties India Private Limited

Develops and sells residential properties in Bangalore through land purchases and joint ventures.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Commune Properties India Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 28.00 Cr
  • Satisfied Charges ₹ 18.00 Cr
  • Revenue Growth -12.66%
  • Profit Growth 83.92%
  • Ebitda 84.56%
  • Net Worth -0.95%
  • Total Assets -4.97%

About Commune Properties India

Commune Properties India Private Limited (CPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 December 2007 and has a history of 17 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Prisha Properties Private 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 2021. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹28.00 Cr. The company has closed loans amounting to ₹18.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ratish Moorthy, Ashok Jhaveri, and Kanukolanu Sambamurthy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    thecommune.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102KA2007PTC044629

  • Company No.

    044629

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2007

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Commune Properties India?

Board Members (3)

NameDesignationAppointment DateStatus
Ratish Moorthy Country flag representing In Director 04-Dec-2017Current
Ashok Jhaveri Country flag representing In Director 10-May-2018Current
Kanukolanu Sambamurthy Country flag representing In Additional Director 28-Aug-2023Current

Financial Performance of Commune Properties India.

Commune Properties India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 12.66% decrease. The company also saw a substantial improvement in profitability, with a 83.92% increase in profit. The company's net worth dipped by a decrease of 0.95%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.66%
Revenue from Operations
-11.69%
Total Assets
-4.97%
Profit or Loss
83.92%
Net Worth
-0.95%
EBITDA
84.56%

What is the Ownership and Shareholding Structure of Commune Properties India?

In 2021, Commune Properties India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.00 Cr

Satisfied Charges

₹18.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.00 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2017Others₹28.00 CrOpen
26 Apr 2016Others₹3.00 CrSatisfied
20 Apr 2015Capital First Limited₹15.00 CrSatisfied

How Many Employees Work at Commune Properties India?

Commune Properties India has a workforce of 1 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Commune Properties India, 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 Commune Properties India's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Commune Properties India

Recent activity within the organization

  • Director Appointment

    Kanukolanu Satish Sambamurthy was appointed as a Additional Director was appointed as a Additional Director on 28 Aug 2023 & has been associated with this company since 1 year 5 months .

    28 Aug 2023

  • Annual General Meeting

    Commune Properties India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Commune Properties India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Charges

    A charge with Others of Rs. 28.00 Cr registered on 01 Mar 2017 with Charge ID 100091271 was modified on 25 Mar 2019.

    25 Mar 2019

  • Director Appointment

    Ashok Kumar Jhaveri was appointed as a Director was appointed as a Director on 10 May 2018 & has been associated with this company since 6 years 9 months .

    10 May 2018

  • Director Appointment

    Ratish Kumar Moorthy was appointed as a Director was appointed as a Director on 04 Dec 2017 & has been associated with this company since 7 years 2 months .

    04 Dec 2017

Frequently asked questions

  • Commune Properties India Private Limited was incorporated on 11 Dec 2007.

  • The authorized share capital of Commune Properties India Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Commune Properties India Private Limited.

    • Ratish Kumar Moorthy
    • Ashok Kumar Jhaveri
    • Kanukolanu Satish Sambamurthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Commune Properties India Private Limited is No 820 3Rd Floor 80 Feet Road, 8Th Block Koramangala India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Commune Properties India Private Limited is U70102KA2007PTC044629 and the company number is 044629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Commune Properties India Private Limited is https://www.thecommune.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Commune Properties India Private Limited has fallen by -12.66%.

  • As Per 2021 financial reports, 1 employees are currently employed by Commune Properties India Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Commune Properties India Private Limited has experienced an downturn of -0.95%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Commune Properties India Private Limited amount to ₹ 28.00 Cr.

  • The most recent Balance Sheet for Commune Properties India Private Limited was filed with the ROC on 31 Mar 2021.

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