Ira Reality Tech Private Limited

Real estate development and construction company specializing in land, property, and resort development.

2019 | Rangareddy, Telangana (India) | Active
Last Updated: November 19, 2024

Ira Reality Tech Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.29 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 130.36 Cr
  • Revenue Growth 168.28%
  • Profit Growth 908.93%
  • Ebitda -26.28%
  • Net Worth 119.73%
  • Total Assets 35.20%

About Ira Reality Tech

Ira Reality Tech Private Limited (IRTPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 March 2019 (Five years and 11 months 21 days old ). Its registered office is in Rangareddy, Telangana, India.

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 1.50 Cr and a paid-up capital of Rs 1.29 Cr.

The company currently has active open charges totaling ₹130.36 Cr.

The Key Managerial Personnel (KMP) at Ira Reality Tech Private Limited India is Bimal Payyan as CEO. Kishore Morramreddygari, Narsi Posham, and Konala Ramesh serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    irarealty.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109TG2019PTC131099

  • Company No.

    131099

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Ira Reality Tech?

Executive Team (2)

NameDesignationAppointment DateStatus
Narsi Posham Country flag representing In Managing Director05-Mar-2019Current
Bimal Payyan CEO29-Aug-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Kishore Morramreddygari Country flag representing In Director 26-Jul-2021Current
Konala Ramesh Country flag representing In Director 17-Jul-2019Current

Financial Performance of Ira Reality Tech.

Ira Reality Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 168.28% increase. The company also saw a substantial improvement in profitability, with a 908.93% increase in profit. The company's net worth Soared by an impressive increase of 119.73%.

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
168.28%
Revenue from Operations
169.75%
Total Assets
35.20%
Profit or Loss
908.93%
Net Worth
119.73%
EBITDA
-26.28%

What is the Ownership and Shareholding Structure of Ira Reality Tech?

In 2023, Ira Reality Tech had a promoter holding of 100.00%. The company had 4 Subsidiaries and 3 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

₹130.36 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 80.75 Cr
  • State Bank Of India : 49.00 Cr
  • Axis Bank Limited : 0.61 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Others₹15.75 CrOpen
19 Apr 2023Others₹30.00 CrOpen
29 Aug 2022Others₹35.00 CrOpen
26 Jul 2022Axis Bank Limited₹6.07 MOpen
20 Jun 2022State Bank Of India₹49.00 CrOpen

How Many Employees Work at Ira Reality Tech?

Ira Reality Tech has a workforce of 48 employees as of Nov 19, 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 Ira Reality Tech, 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 Ira Reality Tech'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 Ira Reality Tech

Recent activity within the organization

  • Director Appointment

    Bimal Karunakaran Payyan was appointed as a Ceo was appointed as a Ceo on 29 Aug 2024 & has been associated with this company since 5 months 26 days .

    29 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 15.75 Cr with Charge ID 100867241 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Ira Reality Tech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100717406 was registered on 19 Apr 2023.

    19 Apr 2023

  • Balance Sheet

    Ira Reality Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100616216 was registered on 29 Aug 2022.

    29 Aug 2022

Frequently asked questions

  • Ira Reality Tech Private Limited was incorporated on 05 Mar 2019.

  • The authorized share capital of Ira Reality Tech Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.29 Cr.

  • Currently 4 directors are associated with Ira Reality Tech Private Limited.

    • Kishore Kumar Reddy Morramreddygari
    • Narsi Reddy Posham
    • Konala Ramesh
    • Bimal Karunakaran Payyan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ira Reality Tech Private Limited is Survey No.237 Vattinagulapally Gandipet Mandal, India, Hyderabad, Telangana, 500032.

  • The corporate identification number (CIN) of Ira Reality Tech Private Limited is U70109TG2019PTC131099 and the company number is 131099 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ira Reality Tech Private Limited is https://www.irarealty.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ira Reality Tech Private Limited has risen by 168.28%.

  • As Per 2023 financial reports, 48 employees are currently employed by Ira Reality Tech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ira Reality Tech Private Limited has experienced an upsurge of 119.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ira Reality Tech Private Limited amount to ₹ 130.36 Cr.

  • The most recent Balance Sheet for Ira Reality Tech Private Limited was filed with the ROC on 31 Mar 2023.

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