Essem18 Developers Private Limited

Construction company specializing in building residential and commercial properties, infrastructure, and other related projects.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated:

Essem18 Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 86.29 Cr
  • Satisfied Charges ₹ 39.00 Cr
  • Revenue Growth 201.61%
  • Profit Growth 388.59%
  • Ebitda 374.55%
  • Net Worth 184.45%
  • Total Assets 114.83%

About Essem18 Developers

Essem18 Developers Private Limited (EDPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 January 2016 (Nine years and two months 17 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹86.29 Cr. The company has closed loans amounting to ₹39.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatesh Simbile, Vimala Simbili, Manish Simbili, and One other member 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

    U45205KA2016PTC085138

  • Company No.

    085138

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2016

  • 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
Company report

Essem18 Developers Private Limited

Explore comprehensive data for Essem18 Developers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Essem18 Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatesh Simbile Country flag representing In Managing Director07-Jan-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Mithun Simbili Country flag representing In Director 07-Jan-2016Current
Vimala Simbili Country flag representing In Director 07-Jan-2016Current
Manish Simbili Country flag representing In Director 07-Jan-2016Current

Financial Performance of Essem18 Developers.

Essem18 Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 201.61% increase. The company also saw a substantial improvement in profitability, with a 388.59% increase in profit. The company's net worth Soared by an impressive increase of 184.45%.

Essem18 Developers revenue growth over time
Essem18 Developers 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
201.61%
Revenue from Operations
187.70%
Total Assets
114.83%
Profit or Loss
388.59%
Net Worth
184.45%
EBITDA
374.55%

What is the Ownership and Shareholding Structure of Essem18 Developers?

In 2023, Essem18 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹862.87 M

Satisfied Charges

₹390.00 M

Charges Breakdown by Lending Institutions

  • Others : 85.00 Cr
  • Axis Bank Limited : 1.29 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2024Others₹20.00 CrOpen
29 Mar 2023Others₹15.00 CrOpen
27 Dec 2022Axis Bank Limited₹8.37 MOpen
23 Sep 2022Others₹20.00 CrOpen
29 Mar 2022Others₹30.00 CrOpen

How Many Employees Work at Essem18 Developers?

Unlock and access historical data on people associated with Essem18 Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Essem18 Developers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Essem18 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 Essem18 Developers'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 Essem18 Developers

Recent activity within the organization

  • Annual General Meeting

    Essem18 Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 200.00 M with Charge ID 100964782 was registered on 29 Jul 2024.

  • Balance Sheet

    Essem18 Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others of Rs. 150.00 M registered on 29 Mar 2023 with Charge ID 100698035 was modified on 13 Apr 2023.

  • Charges

    A charge with Others amounted to Rs. 150.00 M with Charge ID 100698035 was registered on 29 Mar 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.37 M with Charge ID 100695629 was registered on 27 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Essem18 Developers Private Limited?

    Essem18 Developers Private Limited was incorporated on 07 Jan 2016.

  • What is authorized share capital and paid-up capital of Essem18 Developers Private Limited?

    The authorized share capital of Essem18 Developers Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Essem18 Developers Private Limited?

    Currently 4 directors are associated with Essem18 Developers Private Limited.

    • Venkatesh Munirathnam Simbile
    • Vimala Simbili
    • Manish Venkatesh Simbili
    • Mithun Venkatesh Simbili
  • What is the registered address of Essem18 Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Essem18 Developers Private Limited is No. 64/1 3Rd Floor Sm Plaza 1St Cross Dvg Road, Basavanagudi India, Bangalore, Karnataka, 560004.

  • What is the corporate identification number (CIN) and company number of Essem18 Developers Private Limited?

    The corporate identification number (CIN) of Essem18 Developers Private Limited is U45205KA2016PTC085138 and the company number is 085138 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Essem18 Developers Private Limited?

    The Official website of Essem18 Developers Private Limited is https://www.essem18.com

  • What has been the recent revenue trend for Essem18 Developers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Essem18 Developers Private Limited has risen by 201.61%.

  • What change has been observed in the net worth of Essem18 Developers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Essem18 Developers Private Limited has experienced an upsurge of 184.45%.

  • What are the total open charges for Essem18 Developers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Essem18 Developers Private Limited amount to ₹ 86.29 Cr.

  • When was the last Balance Sheet of Essem18 Developers Private Limited filed with the ROC?

    The most recent Balance Sheet for Essem18 Developers Private Limited was filed with the ROC on 31 Mar 2024.

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