Cornerstone Bay East Developers Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 9 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,094.77 Cr
- Satisfied Charges ₹ 396.28 Cr
- Revenue Growth 130.14%
- Profit Growth 144.53%
- Ebitda 114.16%
- Net Worth 760.06%
- Total Assets -8.92%
About Cornerstone Bay East Developers
Cornerstone Bay East Developers Private Limited (CBEDPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 July 2015 (Nine years and seven months 9 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2,094.77 Cr. The company has closed loans amounting to ₹396.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Byappanahalli Babu and Kumudha Kumarbabu serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U45205KA2015PTC081531
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Company No.
081531
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Jul 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Cornerstone Bay East Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Byappanahalli Babu
|
Director | 10-Jul-2015 | Current |
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Kumudha Kumarbabu
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Director | 10-Jul-2015 | Current |
Financial Performance of Cornerstone Bay East Developers.
Cornerstone Bay East Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 130.14% increase. The company also saw a substantial improvement in profitability, with a 144.53% increase in profit. The company's net worth Soared by an impressive increase of 760.06%.
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What is the Ownership and Shareholding Structure of Cornerstone Bay East Developers?
In 2023, Cornerstone Bay East Developers 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)
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Carnelia Realestate Holding Private LimitedByappanahalli Babu is a mutual person
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Vishwa Samudra Estate And Projects Private LimitedByappanahalli Babu is a mutual person
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Cornerstone Properties Private LimitedByappanahalli Babu and Kumudha Kumarbabu are mutual person
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Chrysolite Property Developments Private Limited
Byappanahalli Babu and Kumudha Kumarbabu are mutual person
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Cornerstone Property Developers Private Limited
Byappanahalli Babu and Kumudha Kumarbabu are mutual person
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Cornerstone Sports And Amusement Park Private Limited
Byappanahalli Babu and Kumudha Kumarbabu are mutual person
Charges (Loans)
₹20,947.70 M
₹3,962.80 M
Charges Breakdown by Lending Institutions
- Others : 2070.61 Cr
- Indnian Overseas Bank : 12.00 Cr
- Vijaya Bank : 9.20 Cr
- Indian Overseas Bank : 2.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2024 | Others | ₹2.10 M | Open |
| 15 Nov 2023 | Others | ₹4.70 Cr | Open |
| 12 Oct 2023 | Indian Overseas Bank | ₹2.96 Cr | Open |
| 04 Jul 2023 | Indnian Overseas Bank | ₹12.00 Cr | Open |
| 10 Feb 2023 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Cornerstone Bay East Developers?
Cornerstone Bay East Developers has a workforce of 36 employees as of Apr 09, 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 Cornerstone Bay East Developers, 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 Cornerstone Bay East Developers'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.
