Prestige Garden Resorts Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 9.50 M
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 500.00 Cr
- Satisfied Charges ₹ 482.50 Cr
- Revenue Growth 887.31%
- Profit Growth 1102.35%
- Ebitda -37.56%
- Net Worth 50.69%
- Total Assets 66.48%
About Prestige Garden Resorts
Prestige Garden Resorts Private Limited (PGRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 March 1996 and has a history of 29 years and two 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 35.00 Cr and a paid-up capital of Rs 9.50 M.
The company currently has active open charges totaling ₹500.00 Cr. The company has closed loans amounting to ₹482.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Noaman Razack, Rezwan Razack, and Omer Jung 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
U85110KA1996PTC020094
- Company No.
020094
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Mar 1996
- 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 Garden Resorts Private Limited
Explore comprehensive data for Prestige Garden Resorts Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prestige Garden Resorts?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Noaman Razack  | Director | 25-Mar-1997 | Current |
| Rezwan Razack | Director | 19-Mar-2006 | Current |
| Omer Jung | Director | 31-Mar-2006 | Current |
Financial Performance of Prestige Garden Resorts.
Prestige Garden Resorts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 887.31% increase. The company also saw a substantial improvement in profitability, with a 1102.35% increase in profit. The company's net worth Soared by an impressive increase of 50.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prestige Garden Resorts?
In 2023, Prestige Garden Resorts 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 LimitedNoaman Razack and Rezwan Razack are mutual person
K2k Infrastructure India Private LimitedRezwan Razack is a mutual person
- Prestige Estates Projects Limited
Noaman Razack and Rezwan Razack are mutual person
- Prestige Retail Ventures Limited
Noaman Razack and Rezwan Razack are mutual person
- Prestige Builders And Developers Private Limited
Noaman Razack and Rezwan Razack are mutual person
- Prestige Golf Resorts Private Limited
Noaman Razack and Rezwan Razack are mutual person
Charges (Loans)
Open Charges
₹500.00 Cr
Satisfied Charges
₹482.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 400.00 Cr
- Ifci Limited : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2023 | Axis Bank Limited | ₹400.00 Cr | Open |
| 31 Jul 2013 | Ifci Limited | ₹100.00 Cr | Open |
| 07 Mar 2020 | Others | ₹150.00 Cr | Satisfied |
| 28 Feb 2018 | Ifci Limited | ₹175.00 Cr | Satisfied |
| 26 Jun 2010 | Ifci Limited | ₹75.00 Cr | Satisfied |
How Many Employees Work at Prestige Garden Resorts?
Unlock and access historical data on people associated with Prestige Garden Resorts, 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 Garden Resorts, 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 Garden Resorts'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 Garden Resorts
Recent activity within the organization
- Annual General Meeting
Prestige Garden Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 400.00 Cr registered on 09 Oct 2023 with Charge ID 100806025 was modified on 03 Aug 2024.
- Charges
A charge registered on 07 Mar 2020 via Charge ID 100344382 with Others was fully satisfied on 26 Jul 2024.
- Balance Sheet
Prestige Garden Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited amounted to Rs. 400.00 Cr with Charge ID 100806025 was registered on 09 Oct 2023.
- Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100344382 was registered on 07 Mar 2020.
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 Garden Resorts Private Limited?
Prestige Garden Resorts Private Limited was incorporated on 19 Mar 1996.
What is authorized share capital and paid-up capital of Prestige Garden Resorts Private Limited?
The authorized share capital of Prestige Garden Resorts Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 9.50 M.
Who are the current board members & directors of Prestige Garden Resorts Private Limited?
Currently 3 directors are associated with Prestige Garden Resorts Private Limited.
- Noaman Razack
- Rezwan Razack
- Omer Bin Jung
What is the registered address of Prestige Garden Resorts Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Garden Resorts 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 Garden Resorts Private Limited?
The corporate identification number (CIN) of Prestige Garden Resorts Private Limited is U85110KA1996PTC020094 and the company number is 020094 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prestige Garden Resorts Private Limited?
The Official website of Prestige Garden Resorts Private Limited is https://www.prestigeconstructions.com
What has been the recent revenue trend for Prestige Garden Resorts Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prestige Garden Resorts Private Limited has risen by 887.31%.
What change has been observed in the net worth of Prestige Garden Resorts Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prestige Garden Resorts Private Limited has experienced an upsurge of 50.69%.
What are the total open charges for Prestige Garden Resorts Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prestige Garden Resorts Private Limited amount to ₹ 500.00 Cr.
When was the last Balance Sheet of Prestige Garden Resorts Private Limited filed with the ROC?
The most recent Balance Sheet for Prestige Garden Resorts Private Limited was filed with the ROC on 31 Mar 2024.
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