Idika Properties Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 150.26 Cr
- Satisfied Charges ₹ 330.02 Cr
- Revenue Growth 28.48%
- Profit Growth 25.52%
- Ebitda -102.26%
- Net Worth 320.65%
- Total Assets -17.09%
About Idika Properties
Idika Properties Private Limited (IPPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 2008 and has a history of 16 years and ten months. Its registered office is in Hosur, Tamil Nadu, India.
The Corporate was formerly known as Idika Real Estate Private 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹150.26 Cr. The company has closed loans amounting to ₹330.02 Cr, as per Ministry of Corporate Affairs (MCA) records.
Balugari Babu and Jagadeeswara Majji serve as directors at the Company.
Company Details
- Location
Hosur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70101TZ2008PTC022222
- Company No.
022222
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Apr 2008
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Real Estate and Construction
Who are the key members and board of directors at Idika Properties?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balugari Babu  | Director | 17-Mar-2009 | Current |
| Jagadeeswara Majji | Director | 17-Jun-2022 | Current |
Financial Performance of Idika Properties.
Idika Properties Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.48% increase. The company also saw a substantial improvement in profitability, with a 25.52% increase in profit. The company's net worth Soared by an impressive increase of 320.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Idika Properties?
In 2023, Idika Properties had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Lakshmi Priya Properties Private Limited
Balugari Babu is a mutual person
- Eila Properties Private Limited
Balugari Babu is a mutual person
- Sreepa Properties Private Limited
Balugari Babu and Jagadeeswara Majji are mutual person
- Krishnapriya Properties Private Limited
Balugari Babu and Jagadeeswara Majji are mutual person
- Camelia Properties Private Limited
Balugari Babu is a mutual person
- Prakalpa Properties Private Limited
Balugari Babu and Jagadeeswara Majji are mutual person
Charges (Loans)
Open Charges
₹150.26 Cr
Satisfied Charges
₹330.02 Cr
Charges Breakdown by Lending Institutions
- Others : 150.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Others | ₹150.26 Cr | Open |
| 03 May 2018 | Others | ₹300.00 Cr | Satisfied |
| 11 May 2012 | Others | ₹30.02 Cr | Satisfied |
How Many Employees Work at Idika Properties?
Unlock and access historical data on people associated with Idika Properties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Idika Properties, 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 Idika Properties'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 Idika Properties
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 150.26 Cr with Charge ID 100926167 was registered on 27 May 2024.
- Charges
A charge registered on 11 May 2012 via Charge ID 10354202 with Others was fully satisfied on 28 Sep 2023.
- Annual General Meeting
Idika Properties Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
Idika Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Jagadeeswara Rao Majji was appointed as a Director was appointed as a Director on 17 Jun 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge with Others of Rs. 30.02 Cr registered on 11 May 2012 with Charge ID 10354202 was modified on 18 Apr 2022.
Recent News, Updates & Announcement
- GMR Sports Considers Public Listing or Strategic Investor to Unlock Value and Expand into New Ventures.
GMR Sports is looking to unlock its value by considering a public listing or securing a strategic investor. They own various sports franchises, including Delhi Capitals and UP Yoddhas. They also have a presence in global leagues and are exploring opportunities in indigenous sports like Kho Kho. GMR Sports is also venturing into the fitness sector with a new gym in Hyderabad..
- Shardul Amarchand Mangaldas Advises GMR Airports.
The firm’s Infrastructure, Energy and Project Finance team comprised Jatin Aneja, National Practice Head - Infrastructure, Energy and Project Finance; Prashant Sirohi, Partner; Aditya Mitra, Senior Associate; Siddharth Jain, Associate and Madhvi Vangani, Associate, , Shardul Amarchand Mangaldas & Co, gmr airports.
Frequently asked questions
What is the Incorporation or founding date of Idika Properties Private Limited?
Idika Properties Private Limited was incorporated on 04 Apr 2008.
What is authorized share capital and paid-up capital of Idika Properties Private Limited?
The authorized share capital of Idika Properties Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Idika Properties Private Limited?
Currently 2 directors are associated with Idika Properties Private Limited.
- Balugari Vasanthamma Suresh Babu
- Jagadeeswara Rao Majji
What is the registered address of Idika Properties Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Idika Properties Private Limited is Plot No. 59 Vg Towers Near Eb Office Rayakottai Main Road, Hosur, Tamil Nadu, India, 635109.
What is the corporate identification number (CIN) and company number of Idika Properties Private Limited?
The corporate identification number (CIN) of Idika Properties Private Limited is U70101TZ2008PTC022222 and the company number is 022222 as per Ministry of Corporate Affairs (MCA).
What is the official website of Idika Properties Private Limited?
The Official website of Idika Properties Private Limited is https://www.gmrgroup.in
What has been the recent revenue trend for Idika Properties Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Idika Properties Private Limited has risen by 28.48%.
What change has been observed in the net worth of Idika Properties Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Idika Properties Private Limited has experienced an upsurge of 320.65%.
What are the total open charges for Idika Properties Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Idika Properties Private Limited amount to ₹ 150.26 Cr.
When was the last Balance Sheet of Idika Properties Private Limited filed with the ROC?
The most recent Balance Sheet for Idika Properties Private Limited was filed with the ROC on 31 Mar 2023.
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