Northroof Ventures Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.15 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 635.00 Cr
- Satisfied Charges ₹ 304.50 Cr
- Revenue Growth -90.35%
- Profit Growth -17.92%
- Ebitda -124.75%
- Net Worth -5.44%
- Total Assets -16.26%
About Northroof Ventures
Northroof Ventures Private Limited (NVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 2007 and has a history of 17 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Nhdpl Properties Private 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.15 Cr.
The company currently has active open charges totaling ₹635.00 Cr. The company has closed loans amounting to ₹304.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Northroof Ventures Private Limited India is Mr Khanna as CFO. Lalgudi Vaidyanathan, Ashwini Kumar, Ramesh Raghavendran, and Two other members 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
U45201KA2007PTC044553
- Company No.
044553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Dec 2007
- Date of AGM
27 Jun 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 Northroof Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalgudi Vaidyanathan  | Managing Director | 11-Sep-2009 | Current |
| Mr Khanna | CFO | 21-Jun-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramanian Ananthanarayanan | Director | 08-Feb-2017 | Current |
| Ramesh Raghavendran | Director | 23-Apr-2024 | Current |
| Ashwini Kumar | Director | Current | |
| Kumar Gopalakrishna | Director | 13-Nov-2020 | Current |
Financial Performance of Northroof Ventures.
Northroof Ventures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 90.35% decrease. The company also saw a substantial fall in profitability, with a 17.92% decrease in profit. The company's net worth dipped by a decrease of 5.44%.
- 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 Northroof Ventures?
In 2023, Northroof Ventures 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)
Satchmo Holdings LimitedLalgudi Vaidyanathan, Ramesh Raghavendran and 2 more are mutual person
- Nitlogis Private Limited
Lalgudi Vaidyanathan is a mutual person
Nitesh Land Private LimitedRamesh Raghavendran is a mutual person
Nirpl Ventures Private LimitedLalgudi Vaidyanathan is a mutual person
- Marathalli Ventures Private Limited
Lalgudi Vaidyanathan, Ashwini Kumar and 2 more are mutual person
Bieven Technology Private LimitedLalgudi Vaidyanathan is a mutual person
Charges (Loans)
Open Charges
₹635.00 Cr
Satisfied Charges
₹304.50 Cr
Charges Breakdown by Lending Institutions
- Others : 630.00 Cr
- Housing Development Finance Corporation Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2016 | Others | ₹315.00 Cr | Open |
| 22 Dec 2015 | Others | ₹315.00 Cr | Open |
| 09 Oct 2015 | Housing Development Finance Corporation Limited | ₹5.00 Cr | Open |
| 23 Jan 2015 | Housing Development Finance Corporation Limited | ₹30.00 Cr | Satisfied |
| 28 Mar 2014 | Housing Development Finance Corporation Limited | ₹60.00 Cr | Satisfied |
How Many Employees Work at Northroof Ventures?
Unlock and access historical data on people associated with Northroof Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Northroof Ventures, 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 Northroof Ventures'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 Northroof Ventures
Recent activity within the organization
- Annual General Meeting
Northroof Ventures Private Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.
- Director Appointment
Ramesh Karur Raghavendran was appointed as a Director was appointed as a Director on 23 Apr 2024 & has been associated with this company since 11 months 8 days .
- Balance Sheet
Northroof Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 315.00 Cr registered on 08 Dec 2016 with Charge ID 100083921 was modified on 27 Mar 2023.
- Charges
A charge with Others of Rs. 315.00 Cr registered on 22 Dec 2015 with Charge ID 10612316 was modified on 16 Dec 2022.
- Director Appointment
Kumar Nellore Gopalakrishna was appointed as a Director was appointed as a Director on 13 Nov 2020 & has been associated with this company since 4 years 4 months .
Recent News, Updates & Announcement
Bengaluru-based Nitesh Estates inks pact with Garden City.The move will help it pare debt by Rs 200 crore, said two people aware of the deal. .
- "From Employee to Executive: Nitesh Estates in Bengaluru Welcomes New CEO and CFO".
When you finally get that CEO and CFO position at Nitesh Estates in Bengaluru. #humblebrag #bossstatus #dreamteam.
- Nitesh Estates to raise ₹1,300 crore for commercial office portfolio | Mint.
Nitesh Estates will raise ₹800 crore as equity and partner a foreign investor primarily to build a commercial office platform, says CMD.Nitesh Estates also plans to raise up to ₹500 crore of structured debt for 3-4 residential projects, which will be converted into offices.
- Nitesh Estates plans to sell 3 plots to raise Rs 440 crore.
Nitesh Estates had Rs 1,400 crore of debt at the end of March, which it is seeking to reduce by half..
- Nitesh Estates exits 1-million sq ft Pune shopping mall.
Realty developer Nitesh Estates has sold its 1-million-sq-ft shopping mall in Punes Koregaon Park and reduced consolidated debt by Rs. 407.88 crore..
Frequently asked questions
What is the Incorporation or founding date of Northroof Ventures Private Limited?
Northroof Ventures Private Limited was incorporated on 04 Dec 2007.
What is authorized share capital and paid-up capital of Northroof Ventures Private Limited?
The authorized share capital of Northroof Ventures Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.15 Cr.
Who are the current board members & directors of Northroof Ventures Private Limited?
Currently 6 directors are associated with Northroof Ventures Private Limited.
- Lalgudi Saptharishi Vaidyanathan
- Ashwini Kumar
- Ramesh Karur Raghavendran
- Kumar Nellore Gopalakrishna
- Subramanian Ananthanarayanan
- Mr Rajeev Khanna
What is the registered address of Northroof Ventures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Northroof Ventures Private Limited is Office No. 1/B First Floor 41 Castle Street Opp. Sacred Heart Church Richmond Road Ashok Nagar Town, India, Bangalore North, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Northroof Ventures Private Limited?
The corporate identification number (CIN) of Northroof Ventures Private Limited is U45201KA2007PTC044553 and the company number is 044553 as per Ministry of Corporate Affairs (MCA).
What is the official website of Northroof Ventures Private Limited?
The Official website of Northroof Ventures Private Limited is https://www.nelholdings.in
What has been the recent revenue trend for Northroof Ventures Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Northroof Ventures Private Limited has fallen by -90.35%.
What change has been observed in the net worth of Northroof Ventures Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Northroof Ventures Private Limited has experienced an downturn of -5.44%.
What are the total open charges for Northroof Ventures Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Northroof Ventures Private Limited amount to ₹ 635.00 Cr.
When was the last Balance Sheet of Northroof Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Northroof Ventures Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Mahesh BhupathiAdditional DirectorPS
Pushpalatha ShettyDirectorNS
Nitesh ShettyDirectorVR
Vipul RoongtaDirectorDM
Devadas MangaloreDirectorDK
Dipali KhannaDirectorRK
Rajeev KhannaDirector