Prestige Avenues Limited

Real estate and construction projects since 2004.

2004 | Hyderabad, Telangana (India) | Active
Last Updated:

Prestige Avenues Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.70 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 12.50 Cr
  • Revenue Growth -39.27%
  • Profit Growth -8.30%
  • Ebitda -21.04%
  • Net Worth -6.62%
  • Total Assets -5.61%

About Prestige Avenues

Prestige Avenues Limited (PAL) is a Public Limited Indian Non-Government Company incorporated in India on 28 September 2004 and has a history of 20 years and six months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.70 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹12.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mandava Rao, Bachala Raja, Mandava Kumar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200AP2004PLC044273

  • Company No.

    044273

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2004

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Infrastructure and Utilities
Company report

Prestige Avenues Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mandava Rao Country flag representing In Managing Director28-Sep-2004Current

Board Members (9)

NameDesignationAppointment DateStatus
Shimoga Babu Country flag representing In Director 30-Sep-2007Current
Bachala Raja Country flag representing In Director 15-Dec-2004Current
Mandava Kumar Country flag representing In Director 30-Sep-2007Current
Pathi Gopal Country flag representing In Director 30-Sep-2007Current
Ramanjineyulu Ramadurgam Country flag representing In Additional Director 13-Sep-2016Current
Pathakothachervu Surendra Country flag representing In Additional Director 06-Apr-2012Current

Financial Performance of Prestige Avenues.

Prestige Avenues Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 39.27% decrease. The company also saw a slight decrease in profitability, with a 8.3% decrease in profit. The company's net worth dipped by a decrease of 6.62%.

Prestige Avenues revenue growth over time
Prestige Avenues 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
-39.27%
Revenue from Operations
-39.59%
Total Assets
-5.61%
Profit or Loss
-8.30%
Net Worth
-6.62%
EBITDA
-21.04%

What is the Ownership and Shareholding Structure of Prestige Avenues?

In 2017, Prestige Avenues had a promoter holding of 4.33% and a public holding of 95.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹12.50 Cr

Charges Breakdown by Lending Institutions

  • Uti Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2006Uti Bank Limited₹2.50 CrOpen
07 Mar 2006Uti Bank Limited₹2.50 CrOpen
13 Jun 2007Others₹7.50 CrSatisfied
07 Mar 2006Uti Bank Limited₹2.50 CrSatisfied
07 Jul 2005Phoenix Arc Private Limited₹2.50 CrSatisfied

How Many Employees Work at Prestige Avenues?

Unlock and access historical data on people associated with Prestige Avenues, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Prestige Avenues Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Prestige Avenues Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

  • Balance Sheet

    Prestige Avenues Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Vijayawada.

  • Director Appointment

    Ramanjineyulu Ramadurgam was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2016 & has been associated with this company since 8 years 7 months .

  • Charges

    A charge registered on 13 Jun 2007 via Charge ID 10058505 with Others was fully satisfied on 01 Jul 2016.

  • Charges

    A charge registered on 07 Jul 2005 via Charge ID 90259134 with Phoenix Arc Private Limited was fully satisfied on 01 Jul 2016.

  • Charges

    A charge with Others of Rs. 7.50 Cr registered on 13 Jun 2007 with Charge ID 10058505 was modified on 20 Jun 2016.

Frequently asked questions

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

    Prestige Avenues Limited was incorporated on 28 Sep 2004.

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

    The authorized share capital of Prestige Avenues Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.70 Cr.

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

    Currently 10 directors are associated with Prestige Avenues Limited.

    • Mandava Venkateswara Rao
    • Bachala Veeranna Raja
    • Mandava Venkata Lakshman Kumar
    • Shimoga Gopalakrishna Ramesh Babu
    • Pathi Raj Gopal
    • Ramanjineyulu Ramadurgam
    • Pathakothachervu Surendra
    • Sitendranarayan Mahendranarayan Rai
    • Nallam Chanukya
    • Annavarapu Hari Hara Nath

  • What is the registered address of Prestige Avenues Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Avenues Limited is 4Th Floor Tirumala Estates 3-6-262, Himayatnagar India, Hyderabad, Andhra Pradesh, 500029.

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

    The corporate identification number (CIN) of Prestige Avenues Limited is U45200AP2004PLC044273 and the company number is 044273 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prestige Avenues Limited?

    The Official website of Prestige Avenues Limited is https://www.prestigeavenues.com

  • What has been the recent revenue trend for Prestige Avenues Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Prestige Avenues Limited has fallen by -39.27%.

  • What change has been observed in the net worth of Prestige Avenues Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Prestige Avenues Limited has experienced an downturn of -6.62%.

  • What are the total open charges for Prestige Avenues Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Prestige Avenues Limited amount to ₹ 5.00 Cr.

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

    The most recent Balance Sheet for Prestige Avenues Limited was filed with the ROC on 31 Mar 2017.

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