Prestige Construction Ventures Private Limited

Real estate development and management, including land acquisition, construction, and property buying/selling.

2007 | Bangalore, Karnataka (India) | Active
Last Updated: July 18, 2024

Prestige Construction Ventures Profile

Key Indicators

  • Authorised Capital ₹ 12.80 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 18 Year, 16 Days
  • Last Filing with ROC 31 Mar 2023
  • 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. Its registered office is in Bangalore, 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 2023. It's a company limited by shares with an authorized capital of Rs 12.80 Cr and a paid-up capital of Rs 10.00 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 Samandan Lakshmi as COMPANY SECRETARY. Noaman Razack, Rezwan Razack, Jagdeesh Reddy, and Two other members serve as directors at the Company.

Company Details

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

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

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

Executive Team (2)

NameDesignationAppointment DateStatus
Sana Rezwan Country flag representing In Managing Director21-Jun-2023Current
Samandan Lakshmi Company Secretary27-Jul-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Noaman Razack Country flag representing In Director 05-Feb-2007Current
Rezwan Razack Country flag representing In Director 05-Feb-2007Current
Jagdeesh Reddy Country flag representing In Director 23-Feb-2016Current
Pangal Nayak Country flag representing In Director 23-Feb-2016Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
31.29%
Revenue from Operations
-4.52%
Total Assets
-0.95%
Profit or Loss
-25.93%
Net Worth
10.79%
EBITDA
-5.72%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
14 Mar 2022Hdfc Bank Limited₹227.00 CrOpen
04 Jun 2019Others₹50.00 CrSatisfied
16 Mar 2015The Hongkong And Shanghai Banking Corporation Limited₹168.50 CrSatisfied
24 Mar 2011Axis Bank Limited₹100.00 CrSatisfied
08 Sep 2009State Bank Of India₹68.35 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Construction Ventures

Recent activity within the organization

  • Annual General Meeting

    Prestige Construction Ventures Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • 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 8 months .

    21 Jun 2023

  • Balance Sheet

    Prestige Construction Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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.

    24 Nov 2022

  • Charges

    A charge registered on 04 Jun 2019 via Charge ID 100266123 with Others was fully satisfied on 04 Apr 2022.

    04 Apr 2022

  • Charges

    A charge registered on 16 Mar 2015 via Charge ID 10556774 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 04 Apr 2022.

    04 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Prestige Construction Ventures Private Limited was incorporated on 05 Feb 2007.

  • The authorized share capital of Prestige Construction Ventures Private Limited is ₹ 12.80 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 6 directors are associated with Prestige Construction Ventures Private Limited.

    • Noaman Razack
    • Rezwan Razack
    • Jagdeesh Reddy
    • Pangal Ranganath Nayak
    • Sana Rezwan
    • Samandan Karakkatidathil Lakshmi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Construction Ventures Private Limited is Prestige Falcon Tower No. 19 Brunton Road, Bangalore, Karnataka, India, 560025.

  • 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).

  • The Official website of Prestige Construction Ventures Private Limited is https://www.prestigeconstructions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prestige Construction Ventures Private Limited has risen by 31.29%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prestige Construction Ventures Private Limited amount to ₹ 227.00 Cr.

  • The most recent Balance Sheet for Prestige Construction Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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