Etica Developers Private Limited

Develops residential projects and operates a solar power plant in Chennai and Virudhunagar district.

2012 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 28, 2024

Etica Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.76 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.20 Cr
  • Satisfied Charges ₹ 14.70 Cr
  • Revenue Growth 78.44%
  • Profit Growth 16.52%
  • Ebitda 35.45%
  • Net Worth 10.25%
  • Total Assets 6.33%

About Etica Developers

Etica Developers Private Limited (EDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2012 and has a history of 12 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 6.76 M.

The company currently has active open charges totaling ₹3.20 Cr. The company has closed loans amounting to ₹14.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Diliban Ganapathy, Prakash Ganapathy, and Debendranath Sarangi serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45400TN2012PTC087230

  • Company No.

    087230

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Etica Developers Private Limited offer?

Etica Developers Private Limited offers a wide range of products and services, including Commercial Construction Service, Commercial Buildings Construction, Residential Construction Projects, Apartment Construction.

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

Financial Performance of Etica Developers.

Etica Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.44% increase. The company also saw a substantial improvement in profitability, with a 16.52% increase in profit. The company's net worth Soared by an impressive increase of 10.25%.

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
78.44%
Revenue from Operations
79.07%
Total Assets
6.33%
Profit or Loss
16.52%
Net Worth
10.25%
EBITDA
35.45%

What is the Ownership and Shareholding Structure of Etica Developers?

In 2023, Etica 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

₹3.20 Cr

Satisfied Charges

₹14.70 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.20 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2024Axis Bank Limited₹3.20 CrOpen
18 Aug 2016Axis Bank Limited₹8.10 CrSatisfied
31 Mar 2015Indian Overseas Bank₹6.60 CrSatisfied

How Many Employees Work at Etica Developers?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Etica 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 Etica 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 Etica Developers

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.20 Cr with Charge ID 100905618 was registered on 08 Mar 2024.

    08 Mar 2024

  • Charges

    A charge registered on 18 Aug 2016 via Charge ID 100047972 with Axis Bank Limited was fully satisfied on 08 Jan 2024.

    08 Jan 2024

  • Annual General Meeting

    Etica Developers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Etica Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 8.10 Cr registered on 18 Aug 2016 with Charge ID 100047972 was modified on 02 Jun 2022.

    02 Jun 2022

  • Charges

    A charge registered on 31 Mar 2015 via Charge ID 10561126 with Indian Overseas Bank was fully satisfied on 28 May 2018.

    28 May 2018

Frequently asked questions

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

    Etica Developers Private Limited was incorporated on 16 Aug 2012.

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

    The authorized share capital of Etica Developers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.76 M.

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

    Currently 3 directors are associated with Etica Developers Private Limited.

    • Diliban Ganapathy
    • Prakash Ganapathy
    • Debendranath Sarangi
  • What is the registered address of Etica Developers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Etica Developers Private Limited is Exotica 6Th Floor No.24 Venkata Narayana Road T. Nagar, Chennai, Tamil Nadu, India, 600017.

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

    The corporate identification number (CIN) of Etica Developers Private Limited is U45400TN2012PTC087230 and the company number is 087230 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Etica Developers Private Limited is https://www.eticadevelopers.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Etica Developers Private Limited has risen by 78.44%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Etica Developers Private Limited has experienced an upsurge of 10.25%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Etica Developers Private Limited amount to ₹ 3.20 Cr.

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

    The most recent Balance Sheet for Etica Developers Private Limited was filed with the ROC on 31 Mar 2023.