Indage Development Construction Private Limited

Provides civil engineering and construction services for residential, commercial, and industrial projects.

1994 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Indage Development Construction Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.90 M
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.28 M
  • Satisfied Charges ₹ 4.65 Cr
  • Revenue Growth 18.21%
  • Profit Growth 44.58%
  • Ebitda -141.65%
  • Net Worth 0.45%
  • Total Assets 4.09%

About Indage Development Construction

Indage Development Construction Private Limited (IDCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 October 1994 and has a history of 30 years and four months. Its registered office is in Navi Mumbai, Maharashtra.

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 6.90 M.

The company currently has active open charges totaling ₹3.28 M. The company has closed loans amounting to ₹4.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rina Chougule, Alok Chougule, and Kiran Chougule serve as directors at the Company.

Company Details

  • Location
    Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1994PTC081665

  • Company No.

    081665

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Indage Development Construction?

Board Members (3)

Name Designation Appointment Date Status
Rina Chougule Country flag representing In Additional Director 26-Dec-2011 Current
Alok Chougule Country flag representing In Director 25-Mar-2014 Current
Kiran Chougule Country flag representing In Additional Director 28-May-2021 Current

Financial Performance of Indage Development Construction.

Indage Development Construction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.21% increase. The company also saw a substantial improvement in profitability, with a 44.58% increase in profit. The company's net worth moved up by a moderate rise of 0.45%.

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
18.21%
Revenue from Operations
18.09%
Total Assets
4.09%
Profit or Loss
44.58%
Net Worth
0.45%
EBITDA
-141.65%

What is the Ownership and Shareholding Structure of Indage Development Construction?

In 2023, Indage Development Construction had a promoter holding of 78.26% and a public holding of 21.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.33 Cr

Satisfied Charges

₹4.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.15 Cr
  • Abhyudaya Co-Operative Bank Limited : 0.09 Cr
  • New India Co-Op Bank Limited : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
01 Feb 2023 Hdfc Bank Limited ₹1.52 M Open
03 Nov 2021 New India Co-Op Bank Limited ₹0.86 M Open
20 May 2019 Abhyudaya Co-Operative Bank Limited ₹0.90 M Open
09 Jun 2011 The Saraswat Co.Op. Bank Ltd. ₹2.70 M Satisfied
15 Jun 2010 Abhyudaya Co-Op. Bank Limited ₹7.50 M Satisfied

How Many Employees Work at Indage Development Construction?

Indage Development Construction has a workforce of 32 employees as of Apr 04, 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 Indage Development Construction, 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 Indage Development Construction'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 Indage Development Construction

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Indage Development Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100690190 was registered on 01 Feb 2023.

    01 Feb 2023

  • Charges

    A charge with New India Co-Op Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100503431 was registered on 03 Nov 2021.

    03 Nov 2021

  • Director Appointment

    Kiran Rajaram Chougule was appointed as a Additional Director was appointed as a Additional Director on 28 May 2021 & has been associated with this company since 3 years 8 months .

    28 May 2021

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100279130 was registered on 20 May 2019.

    20 May 2019

Frequently asked questions

  • Indage Development Construction Private Limited was incorporated on 03 Oct 1994.

  • The authorized share capital of Indage Development Construction Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.90 M.

  • Currently 3 directors are associated with Indage Development Construction Private Limited.

    • Rina Ranjit Chougule
    • Alok Kiran Chougule
    • Kiran Rajaram Chougule
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indage Development Construction Private Limited is 1102 The Affaires Tower Plot No. 9 Sector 17 Sanpada Palm Beach Road, Sanpada India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Indage Development Construction Private Limited is U99999MH1994PTC081665 and the company number is 081665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indage Development Construction Private Limited is https://www.indageconstruction.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indage Development Construction Private Limited has risen by 18.21%.

  • As Per 2023 financial reports, 32 employees are currently employed by Indage Development Construction Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indage Development Construction Private Limited has experienced an upsurge of 0.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indage Development Construction Private Limited amount to ₹ 3.28 M.

  • The most recent Balance Sheet for Indage Development Construction Private Limited was filed with the ROC on 31 Mar 2023.

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