Duo Associates (Builders) Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 143.00 Cr
- Revenue Growth -99.82%
- Profit Growth 98.08%
- Ebitda 88.91%
- Net Worth -2.23%
- Total Assets -0.30%
About Duo Associates (Builders)
Duo Associates (Builders) Private Limited (DABPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 June 2002 and has a history of 22 years and nine 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 5.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹143.00 Cr.
Thummalchetty Phani, Alungoor Sharathchandra, and Prabhu Challagali 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
U45203KA2002PTC030572
- Company No.
030572
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jun 2002
- 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 Duo Associates (Builders)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhu Challagali  | Director | 20-Sep-2018 | Current |
| Alungoor Sharathchandra | Director | 03-Jun-2002 | Current |
| Thummalchetty Phani | Director | 03-Jun-2002 | Current |
Financial Performance of Duo Associates (Builders).
Duo Associates (Builders) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.82% decrease. The company also saw a substantial improvement in profitability, with a 98.08% increase in profit. The company's net worth dipped by a decrease of 2.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Duo Associates (Builders)?
In 2020, Duo Associates (Builders) 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)
Quasar Innovations Private LimitedAlungoor Sharathchandra and Prabhu Challagali are mutual person
- Duo Impex Private Limited
Thummalchetty Phani, Alungoor Sharathchandra and 1 more are mutual person
- Duo Infrastructure Private Limited
Thummalchetty Phani and Alungoor Sharathchandra are mutual person
- Duo Township Projects Private Limited
Alungoor Sharathchandra is a mutual person
Charges (Loans)
Open Charges
₹1,430.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 121.05 Cr
- Uco Bank : 13.70 Cr
- Idbi Bank Limited : 8.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2011 | Axis Bank Limited | ₹121.05 Cr | Open |
| 26 Mar 2007 | Idbi Bank Limited | ₹8.25 Cr | Open |
| 11 Mar 2005 | Uco Bank | ₹13.70 Cr | Open |
How Many Employees Work at Duo Associates (Builders)?
Unlock and access historical data on people associated with Duo Associates (Builders), 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 Duo Associates (Builders), 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 Duo Associates (Builders)'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 Duo Associates (Builders)
Recent activity within the organization
- Annual General Meeting
Duo Associates (Builders) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Duo Associates (Builders) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Prabhu Kumar Challagali was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 6 years 6 months .
- Charges
A charge with Axis Bank Limited of Rs. 1,210.50 M registered on 09 Sep 2011 with Charge ID 10352002 was modified on 24 Jun 2016.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1,210.50 M with Charge ID 10352002 was registered on 09 Sep 2011.
- Charges
A charge with Idbi Bank Limited of Rs. 82.50 M registered on 26 Mar 2007 with Charge ID 10089798 was modified on 24 Jul 2009.
Frequently asked questions
What is the Incorporation or founding date of Duo Associates (Builders) Private Limited?
Duo Associates (Builders) Private Limited was incorporated on 03 Jun 2002.
What is authorized share capital and paid-up capital of Duo Associates (Builders) Private Limited?
The authorized share capital of Duo Associates (Builders) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Duo Associates (Builders) Private Limited?
Currently 3 directors are associated with Duo Associates (Builders) Private Limited.
- Thummalchetty Mahesh Phani
- Alungoor Munivenkata Sharathchandra
- Prabhu Kumar Challagali
What is the registered address of Duo Associates (Builders) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Duo Associates (Builders) Private Limited is P-1 Alungoor Grove 379/4 23Rd Main 16Th Cross 5Th Phase, J.P.Nagar India, Bangalore, Karnataka, 560078.
What is the corporate identification number (CIN) and company number of Duo Associates (Builders) Private Limited?
The corporate identification number (CIN) of Duo Associates (Builders) Private Limited is U45203KA2002PTC030572 and the company number is 030572 as per Ministry of Corporate Affairs (MCA).
What is the official website of Duo Associates (Builders) Private Limited?
The Official website of Duo Associates (Builders) Private Limited is https://www.duoassociates.com
What has been the recent revenue trend for Duo Associates (Builders) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Duo Associates (Builders) Private Limited has fallen by -99.82%.
What change has been observed in the net worth of Duo Associates (Builders) Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Duo Associates (Builders) Private Limited has experienced an downturn of -2.23%.
What are the total open charges for Duo Associates (Builders) Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Duo Associates (Builders) Private Limited amount to ₹ 143.00 Cr.
When was the last Balance Sheet of Duo Associates (Builders) Private Limited filed with the ROC?
The most recent Balance Sheet for Duo Associates (Builders) Private Limited was filed with the ROC on 31 Mar 2024.
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