About
Basic Data Updated:
6 days agoPrestige Estates Projects Limited is a company that is currently involved in the business of real estate construction and development. The business was established with the purpose of engaging in activities such as purchasing, acquiring, leasing, or exchanging any area, lands, buildings, structures, and other immovable properties, or any interest therein. The company's main focus is to develop, construct, sell, lease, dispose of, or maintain these properties. Additionally, the company also carries out various functions that contribute to the promotion and development of flats, apartments, dwelling houses, shops, offices, clubs, residential layouts, industrial parks, and resorts. These properties are then held, leased, or sold to potential users and purchasers.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Prestige Estates Projects Limited
Residential Property
Financials of Prestige Estates Projects Limited
Prestige Estates Projects Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.19% increase. The company also saw a substantial improvement in profitability, with a 345.16% increase in profit. The company's net worth Soared by an impressive increase of 16.21%.
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Corporate Structure
Unlock access to Prestige Estates Projects's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Prestige Estates Projects Limited
Unlock and access historical data on people associated with Prestige Estates Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
I
Irfanrazack
Managing DirectorAppointment Date: 04-Jun-1997
Status: Current
AM
Amit Mor CFOAppointment Date: 08-Jun-2021
Status: Current
KN
K Narayana CEOAppointment Date: 14-Aug-2017
Status: Current
VK
Venkatarathnaiah Krishna Company SecretaryAppointment Date: 27-May-2019
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Sep 2023 | ₹450.00 Cr | Open |
Others Creation Date: 03 May 2023 | ₹600.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 18 Oct 2022 | ₹300.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prestige Estates Projects, 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 Estates Projects's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
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Active
15 years 1 month Jagdeesh Reddy, Uzma Irfan and 1 more are mutual person
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Recent activity within the organization
Charges
A charge with Others amounted to Rs. 450.00 cr with Charge ID 100783857 was registered on 21 Sep 2023.
21 Sep 2023Annual General Meeting
Prestige Estates Projects Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.
21 Sep 2023Director Appointment
Ravindra Munishwar Mehta was appointed as a Director was appointed as a Director on 21 Sep 2023 & has been associated with this company since 7 months 18 days .
21 Sep 2023Director Appointment
Srinivasarao Nagabhushana Rao Nagendra was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 9 months 1 day .
08 Aug 2023Charges
A charge registered on 22 Mar 2019 via Charge ID 100247685 with Others was fully satisfied on 29 May 2023.
29 May 2023
Recent News, Updates & Announcement
Prestige Group completes 1000cr residential project in Hyderabad.Business Line 31 Jan 2024
- 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 1200 employees across its 15 floors The facility includes dedicated lab spaces collaborative areas wellness zones parking for 740 cars and a Caffe Macs.
DNA India 17 Jan 2024
- Prestige Group launches its largest residential township in Bengaluru eyes Rs 6000 crore topline.
Moneycontrol 17 Aug 2023
- Prestige Estates Projects approves to acquire stake in Prestige Pallavaram Ventures.
Moneycontrol 08 Nov 2017
- Prestige Estates Q3 Sales Drop 27 Unlikely to Meet Annual Targets Amidst Slow Demand Post Demonetisation.
Prestige Estates sales down 27 to Rs 4293 crore in Q3 due to slow demand after demonetisation Company unlikely to meet sales target of Rs 35004000 crore for 201617 Only 198 million sq ft launched far from target of 1012 million sq ft Completion target achieved but net debt at Rs 51363 crore Net profit also down to Rs 683 crore.
Economic Times 26 Feb 2017
Frequently asked questions
What is the Incorporation or founding date of Prestige Estates Projects Limited?
