Ivar Estates Private Limited

Real estate and property development services in Tamil Nadu since 2021.

2021 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 27, 2024

Ivar Estates Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.75 Cr
  • Revenue Growth -9.67%
  • Profit Growth -39.10%
  • Ebitda -43.30%
  • Net Worth 60.81%
  • Total Assets -38.24%

About Ivar Estates

Ivar Estates Private Limited (IEPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 2021 (Three years and two months 15 days old ). Its registered office is in Chennai, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.75 Cr.

Rohit Ravi, Ravi Appasamy, and Ritika Appaswamy serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70105TN2021PTC148012

  • Company No.

    148012

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Ivar Estates?

Board Members (3)

Name Designation Appointment Date Status
Rohit Ravi Country flag representing In Director 18-Nov-2021 Current
Ravi Appasamy Country flag representing In Director 18-Nov-2021 Current
Ritika Appaswamy Country flag representing In Director 18-Nov-2021 Current

Financial Performance of Ivar Estates.

Ivar Estates Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.67% decrease. The company also saw a substantial fall in profitability, with a 39.1% decrease in profit. The company's net worth Soared by an impressive increase of 60.81%.

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
-9.67%
Revenue from Operations
-10.18%
Total Assets
-38.24%
Profit or Loss
-39.10%
Net Worth
60.81%
EBITDA
-43.30%

What is the Ownership and Shareholding Structure of Ivar Estates?

In 2023, Ivar Estates had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.75 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2022 Others ₹4.75 Cr Open

How Many Employees Work at Ivar Estates?

Ivar Estates has a workforce of 0 employees as of Mar 30, 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 Ivar Estates, 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 Ivar Estates'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 Ivar Estates

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ivar Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.75 Cr registered on 10 Aug 2022 with Charge ID 100603664 was modified on 10 Feb 2023.

    10 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100603664 was registered on 10 Aug 2022.

    10 Aug 2022

  • Director Appointment

    Rohit Ravi was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 3 years 2 months .

    18 Nov 2021

  • Director Appointment

    Ravi Appasamy was appointed as a Director was appointed as a Director on 18 Nov 2021 & has been associated with this company since 3 years 2 months .

    18 Nov 2021

Frequently asked questions

  • Ivar Estates Private Limited was incorporated on 18 Nov 2021.

  • The authorized share capital of Ivar Estates Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Ivar Estates Private Limited.

    • Rohit Ravi
    • Ravi Appasamy
    • Ritika Ravi Appaswamy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ivar Estates Private Limited is 3 Mangesh Street, T Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Ivar Estates Private Limited is U70105TN2021PTC148012 and the company number is 148012 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ivar Estates Private Limited is https://www.appaswamy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ivar Estates Private Limited has fallen by -9.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ivar Estates Private Limited has experienced an upsurge of 60.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ivar Estates Private Limited amount to ₹ 4.75 Cr.

  • The most recent Balance Sheet for Ivar Estates Private Limited was filed with the ROC on 31 Mar 2023.