Kumar Urban Development Private Limited

Develops and sells real estate projects in Pune, Maharashtra since 1993.

1993 | Pune, Maharashtra (India) | Active
Last Updated: January 09, 2025

Kumar Urban Development Profile

Key Indicators

  • Authorised Capital ₹ 130.71 Cr
  • Paid Up Capital ₹ 95.96 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 543.10 Cr
  • Satisfied Charges ₹ 2,915.94 Cr
  • Revenue Growth 136.18%
  • Profit Growth 84.42%
  • Ebitda 105.24%
  • Net Worth -0.26%
  • Total Assets -5.38%

About Kumar Urban Development

Kumar Urban Development Private Limited (KUDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 1993 and has a history of 31 years and eight months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Kumar Urban Development 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 130.71 Cr and a paid-up capital of Rs 95.96 Cr.

The company currently has active open charges totaling ₹543.10 Cr. The company has closed loans amounting to ₹2,915.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kumar Urban Development Private Limited India is Mayank Jain as COMPANY SECRETARY. Lalitkumar Jain, Krishnan Lakshminarayan, Kalpesh Pingle, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70101PN1993PTC072139

  • Company No.

    072139

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Real Estate and Construction

Who are the key members and board of directors at Kumar Urban Development?

Executive Team (1)

NameDesignationAppointment DateStatus
Mayank Jain Company Secretary21-Aug-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Lalitkumar Jain Country flag representing In Director 18-Jun-2017Current
Krishnan Lakshminarayan Country flag representing In Director 01-Jan-2019Current
Kalpesh Pingle Country flag representing In Director 01-Feb-2021Current
Vikas Parmar Country flag representing In Director 01-Feb-2021Current

Financial Performance of Kumar Urban Development.

Kumar Urban Development Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.18% increase. The company also saw a substantial improvement in profitability, with a 84.42% increase in profit. The company's net worth dipped by a decrease of 0.26%.

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
136.18%
Revenue from Operations
169.80%
Total Assets
-5.38%
Profit or Loss
84.42%
Net Worth
-0.26%
EBITDA
105.24%

What is the Ownership and Shareholding Structure of Kumar Urban Development?

In 2022, Kumar Urban Development had a promoter holding of 45.59% and a public holding of 54.42%. The company had 13 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

₹543.10 Cr

Satisfied Charges

₹2,915.94 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 331.50 Cr
  • Standard Chartered Bank : 89.00 Cr
  • Axis Trustee Services Limited : 36.00 Cr
  • Others : 25.00 Cr
  • Idbi Bank Limited : 21.10 Cr
  • Others : 40.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2018Idbi Trusteeship Services Limited₹256.50 CrOpen
30 Mar 2016Others₹25.00 CrOpen
08 Jan 2015Idbi Trusteeship Services Limited₹25.00 CrOpen
21 Oct 2013Axis Trustee Services Limited₹36.00 CrOpen
19 Feb 2013Idbi Trusteeship Services Limited₹50.00 CrOpen

How Many Employees Work at Kumar Urban Development?

Kumar Urban Development has a workforce of 37 employees as of Jan 08, 2025. 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 Kumar Urban 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 Kumar Urban 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 Kumar Urban Development

Recent activity within the organization

  • Director Appointment

    Mayank Jain was appointed as a Company Secretary was appointed as a Company Secretary on 21 Aug 2024 & has been associated with this company since 6 months 3 days .

    21 Aug 2024

  • Charges

    A charge registered on 22 Mar 2016 via Charge ID 100020937 with Idbi Trusteeship Services Limited was fully satisfied on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge registered on 11 Mar 2011 via Charge ID 10270953 with Idbi Trusteeship Services Limited was fully satisfied on 08 Feb 2024.

    08 Feb 2024

  • Charges

    A charge registered on 24 Dec 2018 via Charge ID 100224594 with Idbi Trusteeship Services Limited was fully satisfied on 24 Jan 2024.

    24 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Kumar Urban Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Kumar Urban Development Private Limited was incorporated on 25 May 1993.

  • The authorized share capital of Kumar Urban Development Private Limited is ₹ 130.71 Cr and paid-up capital is ₹ 95.96 Cr.

  • Currently 5 directors are associated with Kumar Urban Development Private Limited.

    • Lalitkumar Kesarimal Jain
    • Krishnan Lakshminarayan
    • Kalpesh Jaynarayan Pingle
    • Vikas Kishor Parmar
    • Mayank Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kumar Urban Development Private Limited is 2409 East Street India, Pune City, Maharashtra, 411001.

  • The corporate identification number (CIN) of Kumar Urban Development Private Limited is U70101PN1993PTC072139 and the company number is 072139 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kumar Urban Development Private Limited is https://www.kumarbuilders.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kumar Urban Development Private Limited has risen by 136.18%.

  • As Per 2023 financial reports, 37 employees are currently employed by Kumar Urban Development Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kumar Urban Development Private Limited has experienced an downturn of -0.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kumar Urban Development Private Limited amount to ₹ 543.10 Cr.

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

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