Kumar Urban Development Profile
Key Indicators
- Authorised Capital ₹ 130.71 Cr
- Paid Up Capital ₹ 95.96 Cr
- Company Age 31 Year, 11 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 11 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
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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
Kumar Urban Development Private Limited
Explore comprehensive data for Kumar Urban Development Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Kumar Urban Development?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mayank Jain | Company Secretary | 21-Aug-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalitkumar Jain  | Director | 18-Jun-2017 | Current |
| Krishnan Lakshminarayan | Director | 01-Jan-2019 | Current |
| Kalpesh Pingle | Director | 01-Feb-2021 | Current |
| Vikas Parmar | Director | 01-Feb-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Kumar Perfumaries Private LimitedKrishnan Lakshminarayan and Vikas Parmar are mutual person
Kumar City Club LimitedKrishnan Lakshminarayan and Kalpesh Pingle are mutual person
Kumar Builders Consortium Private LimitedLalitkumar Jain is a mutual person
Kumar Builders Project Pune Private LimitedLalitkumar Jain and Krishnan Lakshminarayan are mutual person
- Kumar Housing Corporation Private Limited
Krishnan Lakshminarayan is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2018 | Idbi Trusteeship Services Limited | ₹256.50 Cr | Open |
| 30 Mar 2016 | Others | ₹25.00 Cr | Open |
| 08 Jan 2015 | Idbi Trusteeship Services Limited | ₹25.00 Cr | Open |
| 21 Oct 2013 | Axis Trustee Services Limited | ₹36.00 Cr | Open |
| 19 Feb 2013 | Idbi Trusteeship Services Limited | ₹50.00 Cr | Open |
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.
Deals i
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
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
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 8 months 19 days .
- Charges
A charge registered on 22 Mar 2016 via Charge ID 100020937 with Idbi Trusteeship Services Limited was fully satisfied on 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.
- Charges
A charge registered on 24 Dec 2018 via Charge ID 100224594 with Idbi Trusteeship Services Limited was fully satisfied on 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.
- Balance Sheet
Kumar Urban Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Recent News, Updates & Announcement
Altico Capital: Supporting Pune Developer Kumar Urban with Multiple Loans and Future Investments Amidst Real Estate Market Struggles.When you lend money to a developer, you're basically helping them pay off their old loans and build more stuff. Altico Capital is doing this for a Pune-based developer, Kumar Urban, and they've already done it twice this year. They're also planning to invest more in Pune and other places. Basically, they're giving money to developers who can't get it from banks or big investors. Hopefully, the real estate market will improve soon so they don't need to keep borrowing money..
Frequently asked questions
What is the Incorporation or founding date of Kumar Urban Development Private Limited?
Kumar Urban Development Private Limited was incorporated on 25 May 1993.
What is authorized share capital and paid-up capital of Kumar Urban Development Private Limited?
The authorized share capital of Kumar Urban Development Private Limited is ₹ 130.71 Cr and paid-up capital is ₹ 95.96 Cr.
Who are the current board members & directors of Kumar Urban Development Private Limited?
Currently 5 directors are associated with Kumar Urban Development Private Limited.
- Lalitkumar Kesarimal Jain
- Krishnan Lakshminarayan
- Kalpesh Jaynarayan Pingle
- Vikas Kishor Parmar
- Mayank Jain
What is the registered address of Kumar Urban Development Private Limited?
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.
What is the corporate identification number (CIN) and company number of Kumar Urban Development Private Limited?
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).
What is the official website of Kumar Urban Development Private Limited?
The Official website of Kumar Urban Development Private Limited is https://www.kumarbuilders.com
What has been the recent revenue trend for Kumar Urban Development Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Kumar Urban Development Private Limited has risen by 136.18%.
How many employees does Kumar Urban Development Private Limited currently have?
As Per 2023 financial reports, 37 employees are currently employed by Kumar Urban Development Private Limited.
What change has been observed in the net worth of Kumar Urban Development Private Limited, and by what percentage?
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%.
What are the total open charges for Kumar Urban Development Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Kumar Urban Development Private Limited amount to ₹ 543.10 Cr.
When was the last Balance Sheet of Kumar Urban Development Private Limited filed with the ROC?
The most recent Balance Sheet for Kumar Urban Development Private Limited was filed with the ROC on 31 Mar 2023.
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