Hubtown Limited

A real estate company with a focus on civil engineering and development projects in western India.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Hubtown Profile

Key Indicators

  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 129.35 Cr
  • Company Age 35 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,471.75 Cr
  • Satisfied Charges ₹ 7,205.98 Cr
  • Revenue Growth -14.92%
  • Profit Growth 22.50%
  • Ebitda 12.05%
  • Net Worth -7.70%
  • Total Assets -1.75%

About Hubtown

Hubtown Limited (HL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 February 1989 and has a history of 35 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532799 and on the National Stock Exchange(NSE) under HUBTOWN.

The Corporate was formerly known as Ackruti City Limited. 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 500.00 Cr and a paid-up capital of Rs 129.35 Cr.

The company currently has active open charges totaling ₹4,471.75 Cr. The company has closed loans amounting to ₹7,205.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hubtown Limited India is Sunil Mago as CFO. Vyomesh Shah, Hemant Shah, Bhakti Kothare, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45200MH1989PLC050688

  • Company No.

    050688

  • Stock Symbol

    BSE : 532799 NSE : HUBTOWN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

What products or services does Hubtown Limited offer?

Hubtown Limited offers a wide range of products and services, including Real Estate Services, Commercial Property, Real Estate Developer, Construction Service, Residential Construction Projects, Blinds, Wood Blind, Building & Real Estate Developers, Commercial Construction Service.

Who are the key members and board of directors at Hubtown?

Executive Team (2)

NameDesignationAppointment DateStatus
Vyomesh Shah Country flag representing In Managing Director30-Nov-2006Current
Sunil Mago Country flag representing In CFO05-Jul-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Jignesh Gala Country flag representing In Director 29-May-2023Current
Hemant Shah Country flag representing In Whole-Time Director 16-Feb-1989Current
Bhakti Kothare Country flag representing In Director 14-Nov-2022Current
Milin Ramani Country flag representing In Director 30-Sep-2022Current
Kartik Ruparel Country flag representing In Director 15-Sep-2020Current

Financial Performance of Hubtown.

Hubtown Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.92% decrease. The company also saw a substantial improvement in profitability, with a 22.5% increase in profit. The company's net worth dipped by a decrease of 7.7%.

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
-14.92%
Revenue from Operations
-25.14%
Total Assets
-1.75%
Profit or Loss
22.50%
Net Worth
-7.70%
EBITDA
12.05%

What is the Ownership and Shareholding Structure of Hubtown?

In 2022, Hubtown had a promoter holding of 43.86% and a public holding of 56.13%. The company had 12 Subsidiaries and 11 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,471.75 Cr

Satisfied Charges

₹7,205.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 2166.75 Cr
  • Idbi Trusteeship Services Limited : 1705.50 Cr
  • Uco Bank : 400.00 Cr
  • Dena Bank : 117.00 Cr
  • Techno Electric & Engineering Company Limited : 62.50 Cr
  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Apr 2024Others₹296.00 CrOpen
12 Sep 2023Others₹1,400.00 CrOpen
28 Sep 2020Others₹150.00 CrOpen
04 Sep 2018Others₹170.00 CrOpen
03 Feb 2017Others₹125.75 CrOpen

How Many Employees Work at Hubtown?

Hubtown has a workforce of 47 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hubtown, 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 Hubtown'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 Hubtown

Recent activity within the organization

  • Charges

    A charge registered on 29 Mar 2014 via Charge ID 10490319 with Others was fully satisfied on 05 Nov 2024.

    05 Nov 2024

  • Charges

    A charge registered on 08 Sep 2010 via Charge ID 10239851 with Others was fully satisfied on 05 Nov 2024.

    05 Nov 2024

  • Charges

    A charge registered on 16 Jan 2013 via Charge ID 10402550 with United Bank Of India was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Charges

    A charge registered on 21 Oct 2003 via Charge ID 80050489 with Canara Bank was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100556902 with Others was fully satisfied on 24 Sep 2024.

    24 Sep 2024

Frequently asked questions

  • Hubtown Limited was incorporated on 16 Feb 1989.

  • The authorized share capital of Hubtown Limited is ₹ 500.00 Cr and paid-up capital is ₹ 129.35 Cr.

  • Currently 7 directors are associated with Hubtown Limited.

    • Vyomesh Mahipatray Shah
    • Hemant Mahipatray Shah
    • Bhakti Jaywant Kothare
    • Jignesh Hansraj Gala
    • Milin Jagdish Ramani
    • Kartik Ruparel
    • Sunil Mago
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hubtown Limited is Hubtown Seasons Cts No. 469- A Opp. Jain Temple R.K.Chemburkar Marg, Chembur (East) India, Mumbai, Maharashtra, 400071.

  • The corporate identification number (CIN) of Hubtown Limited is L45200MH1989PLC050688 and the company number is 050688 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hubtown Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HUBTOWN.

  • The Official website of Hubtown Limited is https://www.hubtown.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hubtown Limited has fallen by -14.92%.

  • As Per 2022 financial reports, 47 employees are currently employed by Hubtown Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hubtown Limited has experienced an downturn of -7.70%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hubtown Limited amount to ₹ 4,471.75 Cr.

  • The most recent Balance Sheet for Hubtown Limited was filed with the ROC on 31 Mar 2024.

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