Muktha Foundations Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 11.00 Cr
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.81 Cr
- Satisfied Charges ₹ 72.74 Cr
- Revenue Growth -65.50%
- Profit Growth -586.27%
- Ebitda -174.00%
- Net Worth -47.08%
- Total Assets -4.17%
About Muktha Foundations
Muktha Foundations Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 July 2008 and has a history of 16 years and seven months. Its registered office is in Tiruvallur, 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 11.00 Cr and a paid-up capital of Rs 11.00 Cr.
The company currently has active open charges totaling ₹27.81 Cr. The company has closed loans amounting to ₹72.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hitesh Shah, Sushil Babukutten, Karumanchi Sanjay, and One other member serve as directors at the Company.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70102TN2008PTC068555
- Company No.
068555
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Jul 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Muktha Foundations Private Limited offer?
Muktha Foundations Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Commercial Property.
Who are the key members and board of directors at Muktha Foundations?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lebin Nelson  | Director | 01-Nov-2018 | Current |
| Hitesh Shah | Director | 14-Jul-2008 | Current |
| Sushil Babukutten | Director | 14-Jul-2008 | Current |
| Karumanchi Sanjay | Director | 14-Jul-2008 | Current |
Financial Performance of Muktha Foundations.
Muktha Foundations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 65.5% decrease. The company also saw a substantial fall in profitability, with a 586.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 47.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Muktha Foundations?
In 2023, Muktha Foundations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Muktha Laboratories Private LimitedSushil Babukutten and Karumanchi Sanjay are mutual person
Muktha Housing And Estates Private LimitedHitesh Shah, Sushil Babukutten and 1 more are mutual person
Charges (Loans)
₹27.81 Cr
₹72.74 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 27.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2013 | Indian Overseas Bank | ₹27.81 Cr | Open |
| 26 Mar 2015 | Dewan Housing Finance Corporation Limited | ₹13.00 Cr | Satisfied |
| 17 Mar 2015 | Indian Overseas Bank | ₹10.00 Cr | Satisfied |
| 07 Jan 2014 | Hiec Trading Company Private Limited | ₹11.30 Cr | Satisfied |
| 31 Oct 2011 | Indian Overseas Bank | ₹21.44 Cr | Satisfied |
How Many Employees Work at Muktha Foundations?
Muktha Foundations has a workforce of 8 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Muktha Foundations, 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 Muktha Foundations'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.
