Hubtown Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 129.35 Cr
- Company Age 36 Year, 14 Days
- 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 36 years. 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 Akruti 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
- Website
- Social Media
Corporate Identity Details
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vyomesh Shah  | Managing Director | 30-Nov-2006 | Current |
| Sunil Mago | CFO | 05-Jul-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jignesh Gala | Director | 29-May-2023 | Current |
| Hemant Shah | Whole-Time Director | 16-Feb-1989 | Current |
| Bhakti Kothare | Director | 14-Nov-2022 | Current |
| Milin Ramani | Director | 30-Sep-2022 | Current |
| Kartik Ruparel | Director | 15-Sep-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Jito Administrative Training FoundationHemant Shah is a mutual person
Luharuka Media & Infra LimitedMilin Ramani is a mutual person
Comfort Commotrade LimitedMilin Ramani is a mutual person
Tree House Education & Accessories LimitedMilin Ramani is a mutual person
Binani Industries LimitedMilin Ramani is a mutual person
Comfort Securities LimitedMilin Ramani is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2024 | Others | ₹296.00 Cr | Open |
| 12 Sep 2023 | Others | ₹1,400.00 Cr | Open |
| 28 Sep 2020 | Others | ₹150.00 Cr | Open |
| 04 Sep 2018 | Others | ₹170.00 Cr | Open |
| 03 Feb 2017 | Others | ₹125.75 Cr | Open |
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.
Deals i
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
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 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.
- Charges
A charge registered on 08 Sep 2010 via Charge ID 10239851 with Others was fully satisfied on 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.
- Charges
A charge registered on 21 Oct 2003 via Charge ID 80050489 with Canara Bank was fully satisfied on 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.
- Charges
A charge registered on 30 Mar 2022 via Charge ID 100556902 with Others was fully satisfied on 24 Sep 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Hubtown Limited?
Hubtown Limited was incorporated on 16 Feb 1989.
What is authorized share capital and paid-up capital of Hubtown Limited?
The authorized share capital of Hubtown Limited is ₹ 500.00 Cr and paid-up capital is ₹ 129.35 Cr.
Who are the current board members & directors of Hubtown Limited?
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
What is the registered address of Hubtown Limited?
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.
What is the corporate identification number (CIN) and company number of Hubtown Limited?
The corporate identification number (CIN) of Hubtown Limited is L45200MH1989PLC050688 and the company number is 050688 as per Ministry of Corporate Affairs (MCA).
Is Hubtown Limited registered with any stock exchange in India?
Yes, Hubtown Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HUBTOWN.
What is the official website of Hubtown Limited?
The Official website of Hubtown Limited is https://www.hubtown.co.in
What has been the recent revenue trend for Hubtown Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Hubtown Limited has fallen by -14.92%.
How many employees does Hubtown Limited currently have?
As Per 2022 financial reports, 47 employees are currently employed by Hubtown Limited.
What change has been observed in the net worth of Hubtown Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Hubtown Limited has experienced an downturn of -7.70%.
What are the total open charges for Hubtown Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Hubtown Limited amount to ₹ 4,471.75 Cr.
When was the last Balance Sheet of Hubtown Limited filed with the ROC?
The most recent Balance Sheet for Hubtown Limited was filed with the ROC on 31 Mar 2024.
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