Gvk Airport Developers Profile
Key Indicators
- Authorised Capital ₹ 6,000.00 Cr
- Paid Up Capital ₹ 3,744.01 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 41,894.92 Cr
- Satisfied Charges ₹ 8,300.48 Cr
- Revenue Growth -99.95%
- Profit Growth 99.86%
- Ebitda 92.14%
- Net Worth -0.02%
- Total Assets -0.01%
About Gvk Airport Developers
Gvk Airport Developers Limited (GADL) is a Public Limited Indian Non-Government Company incorporated in India on 10 June 2005 and has a history of 19 years and nine months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Gvk Airport Developers Private Limited. The Company is engaged in the Infrastructure And Utilities 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 6,000.00 Cr and a paid-up capital of Rs 3,744.01 Cr.
The company currently has active open charges totaling ₹41,894.92 Cr. The company has closed loans amounting to ₹8,300.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gvk Airport Developers Limited India are Kabir Ashara as COMPANY SECRETARY and Kapil Batra as Cfo. Jay Shah, Shyamal Joshi, Ashish Rajvanshi, and Three other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U62200TG2005PLC046510
- Company No.
046510
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Jun 2005
- Date of AGM
22 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Gvk Airport Developers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kabir Ashara | Company Secretary | 01-Jan-2022 | Current |
| Kapil Batra | CFO | 04-Jan-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anish Shah  | Director | 07-May-2022 | Current |
| Jay Shah | Director | 13-Jul-2021 | Current |
| Shyamal Joshi | Director | 13-Jul-2021 | Current |
| Ashish Rajvanshi | Director | 13-Jul-2021 | Current |
| Nirmal Shah | Director | 07-May-2022 | Current |
| Ekta Ghosh | Director | 23-May-2024 | Current |
Financial Performance of Gvk Airport Developers.
Gvk Airport Developers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.95% decrease. The company also saw a substantial improvement in profitability, with a 99.86% increase in profit. The company's net worth dipped by a decrease of 0.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gvk Airport Developers?
In 2023, Gvk Airport Developers had a promoter holding of 97.97% and a public holding of 2.03%. The company had 4 Subsidiaries and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ocean Sparkle LimitedJay Shah is a mutual person
- Gvk Airport Holdings Limited
Jay Shah, Shyamal Joshi and 6 more are mutual person
- Bangalore Airport & Infrastructure Developers Limited
Nirmal Shah is a mutual person
Shalby LimitedShyamal Joshi is a mutual person
Amaya Exim Private LimitedJay Shah is a mutual person
Ahmedabad International Airport LimitedEkta Ghosh is a mutual person
Charges (Loans)
Open Charges
₹41,894.92 Cr
Satisfied Charges
₹8,300.48 Cr
Charges Breakdown by Lending Institutions
- Others : 36381.70 Cr
- Axis Bank Limited : 5083.92 Cr
- Yes Bank Limited : 429.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2019 | Yes Bank Limited | ₹429.30 Cr | Open |
| 24 Mar 2017 | Others | ₹3,215.00 Cr | Open |
| 24 Mar 2017 | Others | ₹6,768.90 Cr | Open |
| 24 Mar 2017 | Others | ₹6,768.90 Cr | Open |
| 24 Mar 2017 | Others | ₹6,768.90 Cr | Open |
How Many Employees Work at Gvk Airport Developers?
Gvk Airport Developers has a workforce of 2 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 Gvk Airport 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 Gvk Airport 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.
Latest Updates, News, and FAQs on Gvk Airport Developers
Recent activity within the organization
- Annual General Meeting
Gvk Airport Developers Limited last Annual general meeting of members was held on 22 Jun 2024 as per latest MCA records.
- Director Appointment
Ekta Ghosh was appointed as a Director was appointed as a Director on 23 May 2024 & has been associated with this company since 10 months 6 days .
- Balance Sheet
Gvk Airport Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Anish Ashokkumar Shah was appointed as a Director was appointed as a Director on 07 May 2022 & has been associated with this company since 2 years 10 months .
- Director Appointment
Nirmal Vinaychandra Shah was appointed as a Director was appointed as a Director on 07 May 2022 & has been associated with this company since 2 years 10 months .
- Director Appointment
Jay Himatlal Shah was appointed as a Director was appointed as a Director on 13 Jul 2021 & has been associated with this company since 3 years 8 months .
Recent News, Updates & Announcement
- CCI Approves Acquisition of 100% Shareholding of GVK Power Limited by Punjab State Power Corporation Ltd..
The Punjab State Power Corporation Ltd, is a fully owned undertaking of the Government of Punjab. The erstwhile Punjab State Electricity Board (PSEB), was a statutory body formed on 01st February, 1959 under the Electricity Supply Act, 1948. .
- Punjab Government's Acquisition of Private Thermal Plant Greenlit by CCI.
CCI approval marks the historic purchase of a private thermal plant by Punjab State Power Corporation Ltd, setting a precedent for state ownership in the energy sector..
- Adani gets more time to buy Bidvest’s stake in MIAL.
Adani had moved the high court last month seeking execution of its agreement with Bid Services Division Mauritius (Bidvest) for sale of its stake in the airport. .
- GVK Group in Talks with Deutsche Bank to Resolve Loan Issues for Punjab Coal Project.
GVK Group is talking to Deutsche Bank to transfer loans for its coal-fired power project in Punjab. The project had issues with fuel availability and defaulted on loan repayment. But now, with coal supply secured and 800 million units generated last year, Deutsche Bank may replace the senior lenders through a one-time settlement. The total debt is Rs 3510 crore and the case is yet to be admitted in NCLT. If the deal goes through, the lenders will get their money upfront and the amount will depend on the haircut agreed upon..
Frequently asked questions
What is the Incorporation or founding date of Gvk Airport Developers Limited?
Gvk Airport Developers Limited was incorporated on 10 Jun 2005.
What is authorized share capital and paid-up capital of Gvk Airport Developers Limited?
The authorized share capital of Gvk Airport Developers Limited is ₹ 6,000.00 Cr and paid-up capital is ₹ 3,744.01 Cr.
Who are the current board members & directors of Gvk Airport Developers Limited?
Currently 8 directors are associated with Gvk Airport Developers Limited.
- Jay Himatlal Shah
- Shyamal Shivkumar Joshi
- Ashish Rajvanshi
- Anish Ashokkumar Shah
- Nirmal Vinaychandra Shah
- Ekta Ghosh
- Kabir Dilipbhai Ashara
- Kapil Batra
What is the registered address of Gvk Airport Developers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gvk Airport Developers Limited is Paigah House 156-159 S P Road, Road India, Secunderabad, Telangana, 500003.
What is the corporate identification number (CIN) and company number of Gvk Airport Developers Limited?
The corporate identification number (CIN) of Gvk Airport Developers Limited is U62200TG2005PLC046510 and the company number is 046510 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gvk Airport Developers Limited?
The Official website of Gvk Airport Developers Limited is https://www.gvk.com
What has been the recent revenue trend for Gvk Airport Developers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gvk Airport Developers Limited has fallen by -99.95%.
How many employees does Gvk Airport Developers Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Gvk Airport Developers Limited.
What change has been observed in the net worth of Gvk Airport Developers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gvk Airport Developers Limited has experienced an downturn of -0.02%.
What are the total open charges for Gvk Airport Developers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gvk Airport Developers Limited amount to ₹ 41,894.92 Cr.
When was the last Balance Sheet of Gvk Airport Developers Limited filed with the ROC?
The most recent Balance Sheet for Gvk Airport Developers Limited was filed with the ROC on 31 Mar 2024.
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