Prestige Acres Private Limited

Develops mixed-use real estate projects in Bengaluru and Goa.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated:

Prestige Acres Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 3 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 550.00 Cr
  • Satisfied Charges ₹ 149.54 Cr

About Prestige Acres

Prestige Acres Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 2021 (Three years and six months 18 days old ). 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 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹550.00 Cr. The company has closed loans amounting to ₹149.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Irfanrazack, Neelam Chhiber, Mohmed Zaid, 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

    U45400KA2021PTC153545

  • Company No.

    153545

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2021

  • 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
Company report

Prestige Acres Private Limited

Explore comprehensive data for Prestige Acres Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prestige Acres?

Board Members (4)

NameDesignationAppointment DateStatus
Ravindra Mehta Country flag representing In Director 03-May-2024Current
Neelam Chhiber Country flag representing In Director 03-May-2024Current
Irfanrazack Country flag representing In Director 25-Oct-2021Current
Mohmed Zaid Country flag representing In Director 20-Nov-2021Current

Financial Performance of Prestige Acres.

Prestige Acres Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Prestige Acres revenue growth over time
Prestige Acres 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Prestige Acres?

In 2023, Prestige Acres 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

₹5,500.00 M

Satisfied Charges

₹1,495.38 M

Charges Breakdown by Lending Institutions

  • Others : 550.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2023Others₹350.00 CrOpen
01 Oct 2022Others₹200.00 CrOpen
08 Mar 2023The Hongkong And Shanghai Banking Corporation Limited₹9.54 CrSatisfied
21 Jul 2022Others₹140.00 CrSatisfied

How Many Employees Work at Prestige Acres?

Prestige Acres has a workforce of 0 employees as of Apr 09, 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.

Employee growth trends for Prestige Acres Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prestige Acres, 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 Prestige Acres'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 Prestige Acres

Recent activity within the organization

  • Charges

    A charge registered on 08 Mar 2023 via Charge ID 100691827 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Oct 2024.

  • Charges

    A charge registered on 21 Jul 2022 via Charge ID 100617082 with Others was fully satisfied on 01 Oct 2024.

  • Annual General Meeting

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

  • Director Appointment

    Neelam Chhiber was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 1 year 9 days .

  • Director Appointment

    Ravindra Munishwar Mehta was appointed as a Director was appointed as a Director on 03 May 2024 & has been associated with this company since 1 year 9 days .

  • Balance Sheet

    Prestige Acres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Prestige Acres Private Limited?

    Prestige Acres Private Limited was incorporated on 25 Oct 2021.

  • What is authorized share capital and paid-up capital of Prestige Acres Private Limited?

    The authorized share capital of Prestige Acres Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Prestige Acres Private Limited?

    Currently 4 directors are associated with Prestige Acres Private Limited.

    • Irfanrazack
    • Neelam Chhiber
    • Mohmed Sadiq Zaid
    • Ravindra Munishwar Mehta

  • What is the registered address of Prestige Acres Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Acres Private Limited is Prestige Falcon Tower No.19 Brunton Road India, Bangalore, Karnataka, 560025.

  • What is the corporate identification number (CIN) and company number of Prestige Acres Private Limited?

    The corporate identification number (CIN) of Prestige Acres Private Limited is U45400KA2021PTC153545 and the company number is 153545 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prestige Acres Private Limited?

    The Official website of Prestige Acres Private Limited is https://www.prestigeconstructions.com

  • What are the total open charges for Prestige Acres Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Prestige Acres Private Limited amount to ₹ 550.00 Cr.

  • When was the last Balance Sheet of Prestige Acres Private Limited filed with the ROC?

    The most recent Balance Sheet for Prestige Acres Private Limited was filed with the ROC on 31 Mar 2024.

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