Prime Property Development Corporation Limited

Develops high-end urban properties in Mumbai, including residential apartments, commercial buildings, and shopping malls.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated:

Prime Property Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 8.49 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.97 M
  • Satisfied Charges ₹ 283.40 Cr
  • Revenue Growth 560.36%
  • Profit Growth 250.18%
  • Ebitda 22.14%
  • Net Worth 9.89%
  • Total Assets 16.62%

About Prime Property Development Corporation

Prime Property Development Corporation Limited (PPDCL) is a Public Limited Indian Non-Government Company incorporated in India on 23 December 1992 and has a history of 32 years and three months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530695.

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 20.00 Cr and a paid-up capital of Rs 8.49 Cr.

The company currently has active open charges totaling ₹7.97 M. The company has closed loans amounting to ₹283.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prime Property Development Corporation Limited India are Kumar Vora as Ceo, Amit Bhansali as Cfo, and Neelam Maheshwari as Company Secretary. Manish Soni, Vishal Soni, Meena Kapadi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120MH1992PLC070121

  • Company No.

    070121

  • Stock Symbol

    BSE : 530695

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

What products or services does Prime Property Development Corporation Limited offer?

Prime Property Development Corporation Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant.

Who are the key members and board of directors at Prime Property Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Amit Bhansali Country flag representing In CFO24-Dec-2019Current
Kumar Vora Country flag representing In CEO25-Jan-2017Current
Neelam Maheshwari Company Secretary14-May-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Manish Soni Country flag representing In Whole-Time Director 06-May-2000Current
Vishal Soni Country flag representing In Whole-Time Director 06-May-2000Current
Meena Kapadi Country flag representing In Director 12-Nov-2020Current
Alok Chowdhury Country flag representing In Director 12-Nov-2020Current
Satendra Bhatnagar Country flag representing In Director 12-Nov-2020Current
Padamshi Soni Country flag representing In Director 06-May-2000Current

Financial Performance of Prime Property Development Corporation.

Prime Property Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 560.36% increase. The company also saw a substantial improvement in profitability, with a 250.18% increase in profit. The company's net worth moved up by a moderate rise of 9.89%.

Prime Property Development Corporation revenue growth over time
Prime Property Development Corporation 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
560.36%
Revenue from Operations
Total Assets
16.62%
Profit or Loss
250.18%
Net Worth
9.89%
EBITDA
22.14%

What is the Ownership and Shareholding Structure of Prime Property Development Corporation?

In 2022, Prime Property Development Corporation had a promoter holding of 72.13% and a public holding of 27.88%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.80 Cr

Satisfied Charges

₹283.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2021Hdfc Bank Limited₹7.97 MOpen
19 Jul 2010State Bank Of India₹35.00 CrSatisfied
10 Oct 2006Syndicate Bank₹70.00 CrSatisfied
07 Oct 2006Syndicate Bank₹70.00 CrSatisfied
07 Oct 2006Syndicate Bank₹70.00 CrSatisfied

How Many Employees Work at Prime Property Development Corporation?

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

Employee growth trends for Prime Property Development Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime Property Development Corporation, 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 Prime Property Development Corporation'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 Prime Property Development Corporation

Recent activity within the organization

  • Annual General Meeting

    Prime Property Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Neelam Maheshwari was appointed as a Company Secretary was appointed as a Company Secretary on 14 May 2024 & has been associated with this company since 10 months 13 days .

  • Balance Sheet

    Prime Property Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100464567 was registered on 01 Jul 2021.

  • Director Appointment

    Meena Sanjiv Kapadi was appointed as a Director was appointed as a Director on 12 Nov 2020 & has been associated with this company since 4 years 4 months .

  • Director Appointment

    Alok Amulya Chowdhury was appointed as a Director was appointed as a Director on 12 Nov 2020 & has been associated with this company since 4 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Prime Property Development Corporation Limited?

    Prime Property Development Corporation Limited was incorporated on 23 Dec 1992.

  • What is authorized share capital and paid-up capital of Prime Property Development Corporation Limited?

    The authorized share capital of Prime Property Development Corporation Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.49 Cr.

  • Who are the current board members & directors of Prime Property Development Corporation Limited?

    Currently 9 directors are associated with Prime Property Development Corporation Limited.

    • Manish Padamshi Soni
    • Vishal Padamshi Soni
    • Kumar Girishchandra Vora
    • Amit Vallabhdas Bhansali
    • Neelam Maheshwari
    • Meena Sanjiv Kapadi
    • Alok Amulya Chowdhury
    • Satendra Kumar Bhatnagar
    • Padamshi Ladhubhai Soni

  • What is the registered address of Prime Property Development Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prime Property Development Corporation Limited is 501 Soni House Plot No. 34 Gulmohar Road 1 Jvpd Scheme, Vile Parle (W) India, Mumbai, Maharashtra, 400049.

  • What is the corporate identification number (CIN) and company number of Prime Property Development Corporation Limited?

    The corporate identification number (CIN) of Prime Property Development Corporation Limited is L67120MH1992PLC070121 and the company number is 070121 as per Ministry of Corporate Affairs (MCA).

  • Is Prime Property Development Corporation Limited registered with any stock exchange in India?

    Yes, Prime Property Development Corporation Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Prime Property Development Corporation Limited?

    The Official website of Prime Property Development Corporation Limited is https://www.ppdcl.com

  • What has been the recent revenue trend for Prime Property Development Corporation Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prime Property Development Corporation Limited has risen by 560.36%.

  • What change has been observed in the net worth of Prime Property Development Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prime Property Development Corporation Limited has experienced an upsurge of 9.89%.

  • What are the total open charges for Prime Property Development Corporation Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prime Property Development Corporation Limited amount to ₹ 7.97 M.

  • When was the last Balance Sheet of Prime Property Development Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Prime Property Development Corporation Limited was filed with the ROC on 31 Mar 2024.

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