Prestige Construction Ventures Profile
Key Indicators
- Authorised Capital ₹ 12.80 Cr
- Paid Up Capital ₹ 10.78 Cr
- Company Age 18 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 227.00 Cr
- Satisfied Charges ₹ 511.85 Cr
- Revenue Growth 31.29%
- Profit Growth -25.93%
- Ebitda -5.72%
- Net Worth 10.79%
- Total Assets -0.95%
About Prestige Construction Ventures
Prestige Construction Ventures Private Limited (PCVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 February 2007 and has a history of 18 years and three months. 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 12.80 Cr and a paid-up capital of Rs 10.78 Cr.
The company currently has active open charges totaling ₹227.00 Cr. The company has closed loans amounting to ₹511.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prestige Construction Ventures Private Limited India is Nitte Naik as CFO. Sana Rezwan, Rezwan Razack, and Noaman Razack 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
U70101KA2007PTC041666
- Company No.
041666
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Feb 2007
- 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
Prestige Construction Ventures Private Limited
Explore comprehensive data for Prestige Construction Ventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prestige Construction Ventures?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitte Naik | CFO | 04-Jun-2024 | Current |
Sana Rezwan  | Managing Director | 21-Jun-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rezwan Razack | Director | 05-Feb-2007 | Current |
| Noaman Razack | Director | 05-Feb-2007 | Current |
Financial Performance of Prestige Construction Ventures.
Prestige Construction Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.29% increase. The company also saw a substantial fall in profitability, with a 25.93% decrease in profit. The company's net worth Soared by an impressive increase of 10.79%.
- 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 Prestige Construction Ventures?
In 2023, Prestige Construction 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)
Prestige Fashions Private LimitedRezwan Razack and Noaman Razack are mutual person
K2k Infrastructure India Private LimitedRezwan Razack is a mutual person
- Prestige Estates Projects Limited
Rezwan Razack and Noaman Razack are mutual person
- Prestige Retail Ventures Limited
Rezwan Razack and Noaman Razack are mutual person
- Prestige Builders And Developers Private Limited
Rezwan Razack and Noaman Razack are mutual person
- Prestige Golf Resorts Private Limited
Rezwan Razack and Noaman Razack are mutual person
Charges (Loans)
Open Charges
₹227.00 Cr
Satisfied Charges
₹511.85 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 227.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2022 | Hdfc Bank Limited | ₹227.00 Cr | Open |
| 04 Jun 2019 | Others | ₹50.00 Cr | Satisfied |
| 16 Mar 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹168.50 Cr | Satisfied |
| 24 Mar 2011 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
| 08 Sep 2009 | State Bank Of India | ₹68.35 Cr | Satisfied |
How Many Employees Work at Prestige Construction Ventures?
Unlock and access historical data on people associated with Prestige Construction 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 Prestige Construction 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 Prestige Construction 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 Prestige Construction Ventures
Recent activity within the organization
- Annual General Meeting
Prestige Construction Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Nitte Shivaprasad Naik was appointed as a Cfo was appointed as a Cfo on 04 Jun 2024 & has been associated with this company since 11 months 11 days .
- Balance Sheet
Prestige Construction Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Sana Rezwan was appointed as a Managing Director was appointed as a Managing Director on 21 Jun 2023 & has been associated with this company since 1 year 10 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 227.00 Cr registered on 14 Mar 2022 with Charge ID 100555732 was modified on 24 Nov 2022.
- Charges
A charge registered on 04 Jun 2019 via Charge ID 100266123 with Others was fully satisfied on 04 Apr 2022.
Recent News, Updates & Announcement
- Prestige Estates: Keep one eye on launches, another on debt | Mint.
Despite a robust launch pipeline, unsold inventory inched up to ₹16,000 crore by the end of December. The company also has big capex plans, looking to spend ₹14,600 crore to develop its office, retail and hospitality assets..
- Apple gets massive office in India with parking for 740 cars, space for 1200 employees, to pay rent of.
Situated at Minsk Square, a prime location in the city, the new office is designed to accommodate up to 1,200 employees across its 15 floors. The facility includes dedicated lab spaces, collaborative areas, wellness zones, parking for 740 cars and a Caffe Macs..
Frequently asked questions
What is the Incorporation or founding date of Prestige Construction Ventures Private Limited?
Prestige Construction Ventures Private Limited was incorporated on 05 Feb 2007.
What is authorized share capital and paid-up capital of Prestige Construction Ventures Private Limited?
The authorized share capital of Prestige Construction Ventures Private Limited is ₹ 12.80 Cr and paid-up capital is ₹ 10.78 Cr.
Who are the current board members & directors of Prestige Construction Ventures Private Limited?
Currently 4 directors are associated with Prestige Construction Ventures Private Limited.
- Nitte Shivaprasad Naik
- Sana Rezwan
- Rezwan Razack
- Noaman Razack
What is the registered address of Prestige Construction Ventures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Construction Ventures 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 Construction Ventures Private Limited?
The corporate identification number (CIN) of Prestige Construction Ventures Private Limited is U70101KA2007PTC041666 and the company number is 041666 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prestige Construction Ventures Private Limited?
The Official website of Prestige Construction Ventures Private Limited is https://www.prestigeconstructions.com
What has been the recent revenue trend for Prestige Construction Ventures Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prestige Construction Ventures Private Limited has risen by 31.29%.
What change has been observed in the net worth of Prestige Construction Ventures Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prestige Construction Ventures Private Limited has experienced an upsurge of 10.79%.
What are the total open charges for Prestige Construction Ventures Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prestige Construction Ventures Private Limited amount to ₹ 227.00 Cr.
When was the last Balance Sheet of Prestige Construction Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Prestige Construction Ventures Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Rajeev BhandariDirectorPP
Parag ParekhDirectorZN
Zayd NoamanManaging DirectorI
IrfanrazackDirector
Similar Companies Based on Real Estate Builders & Developers
Godrej And Boyce Manufacturing Company Limited Mumbai, Maharashtra, India
Ahluwalia Contracts (India) Limited Delhi, India
B. G. Shirke Construction Technology Private Limited Pune, Maharashtra, India
Sobha Limited Bangaluru, Karnataka, India
Oberoi Realty Limited Mumbai, Maharashtra, India
Bgr Mining & Infra Limited Hyderabad, Telangana, India
Dlf Limited Gurugram, Haryana, India
Micro Labs Limited Bangaluru, Karnataka, India