Kasu Assets Development Private Limited

Develops luxury second homes in India and beyond, with three projects in Goa.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated:

Kasu Assets Development Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 76.03%
  • Profit Growth -38.46%
  • Ebitda -42.28%
  • Net Worth -24.42%
  • Total Assets 20.13%

About Kasu Assets Development

Kasu Assets Development Private Limited (KADPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 January 2007 and has a history of 18 years and two months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 Cr.

Kasu Reddy, Kasu Reddy, Kasu Reddy, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70103KA2007PTC041488

  • Company No.

    041488

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Kasu Assets Development?

Board Members (4)

NameDesignationAppointment DateStatus
Kasu Reddy Country flag representing In Director 16-Jan-2007Current
Kasu Reddy Country flag representing In Director 16-Jan-2007Current
Kasu Reddy Country flag representing In Director 27-Feb-2017Current
Kasu Reddy Country flag representing In Director 27-Feb-2017Current

Financial Performance of Kasu Assets Development.

Kasu Assets Development Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 76.03% increase. The company also saw a substantial fall in profitability, with a 38.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.42%.

Kasu Assets Development revenue growth over time
Kasu Assets Development 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
76.03%
Revenue from Operations
51.92%
Total Assets
20.13%
Profit or Loss
-38.46%
Net Worth
-24.42%
EBITDA
-42.28%

What is the Ownership and Shareholding Structure of Kasu Assets Development?

In 2024, Kasu Assets Development 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

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2022Axis Bank Limited₹1.00 CrOpen

How Many Employees Work at Kasu Assets Development?

Unlock and access historical data on people associated with Kasu Assets Development, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Kasu Assets Development Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kasu Assets Development, 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 Kasu Assets Development'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 Kasu Assets Development

Recent activity within the organization

  • Annual General Meeting

    Kasu Assets Development Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Kasu Assets Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100711953 was registered on 31 Dec 2022.

  • Director Appointment

    Kasu Dhruthi Reddy was appointed as a Director was appointed as a Director on 27 Feb 2017 & has been associated with this company since 8 years 1 month .

  • Director Appointment

    Kasu Jyotsna Reddy was appointed as a Director was appointed as a Director on 27 Feb 2017 & has been associated with this company since 8 years 1 month .

  • Director Appointment

    Kasu Venkata Rajagopal Reddy was appointed as a Director was appointed as a Director on 16 Jan 2007 & has been associated with this company since 18 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Kasu Assets Development Private Limited?

    Kasu Assets Development Private Limited was incorporated on 16 Jan 2007.

  • What is authorized share capital and paid-up capital of Kasu Assets Development Private Limited?

    The authorized share capital of Kasu Assets Development Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Kasu Assets Development Private Limited?

    Currently 4 directors are associated with Kasu Assets Development Private Limited.

    • Kasu Venkata Rajagopal Reddy
    • Kasu Anitha Reddy
    • Kasu Dhruthi Reddy
    • Kasu Jyotsna Reddy
  • What is the registered address of Kasu Assets Development Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kasu Assets Development Private Limited is No.12 Service Road, Domlur Layout India, Bangalore, Karnataka, 560071.

  • What is the corporate identification number (CIN) and company number of Kasu Assets Development Private Limited?

    The corporate identification number (CIN) of Kasu Assets Development Private Limited is U70103KA2007PTC041488 and the company number is 041488 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kasu Assets Development Private Limited?

    The Official website of Kasu Assets Development Private Limited is https://www.kasu.co.in

  • What has been the recent revenue trend for Kasu Assets Development Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Kasu Assets Development Private Limited has risen by 76.03%.

  • What change has been observed in the net worth of Kasu Assets Development Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Kasu Assets Development Private Limited has experienced an downturn of -24.42%.

  • What are the total open charges for Kasu Assets Development Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Kasu Assets Development Private Limited amount to ₹ 1.00 Cr.

  • When was the last Balance Sheet of Kasu Assets Development Private Limited filed with the ROC?

    The most recent Balance Sheet for Kasu Assets Development Private Limited was filed with the ROC on 31 Mar 2024.