Prince Foundations Limited

Real estate company specializing in IT parks, residential complexes, and serviced apartments in Chennai.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Prince Foundations Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 38.82 Cr
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 808.00 Cr
  • Satisfied Charges ₹ 1,046.05 Cr
  • Revenue Growth -49.59%
  • Profit Growth -35.89%
  • Ebitda -95.19%
  • Net Worth -198.23%
  • Total Assets -28.79%

About Prince Foundations

Prince Foundations Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 February 2004 and has a history of 20 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Prince Foundations Private Limited. 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 2021. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 38.82 Cr.

The company currently has active open charges totaling ₹808.00 Cr. The company has closed loans amounting to ₹1,046.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prince Foundations Limited India is Jagadish Davey as CFO. Rajkumar Kamdar, Ashwinkumar Kamdar, and Dilip Davey serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201TN2004PLC052638

  • Company No.

    052638

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2004

  • Date of AGM

    10 Apr 2023

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Prince Foundations?

Executive Team (2)

NameDesignationAppointment DateStatus
Ashwinkumar Kamdar Country flag representing In Managing Director02-Mar-2007Current
Jagadish Davey Country flag representing In CFO17-Mar-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Rajkumar Kamdar Country flag representing In Whole-Time Director 27-Feb-2004Current
Dilip Davey Country flag representing In Additional Director 26-Oct-2021Current

Financial Performance of Prince Foundations.

Prince Foundations Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 49.59% decrease. The company also saw a substantial fall in profitability, with a 35.89% decrease in profit. The company's net worth observed a substantial decline by a decrease of 198.23%.

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
-49.59%
Revenue from Operations
-57.09%
Total Assets
-28.79%
Profit or Loss
-35.89%
Net Worth
-198.23%
EBITDA
-95.19%

What is the Ownership and Shareholding Structure of Prince Foundations?

In 2020, Prince Foundations 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

₹808.00 Cr

Satisfied Charges

₹1,046.05 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 415.00 Cr
  • Others : 370.00 Cr
  • Tata Capital Housing Finance Limited : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2019Idbi Trusteeship Services Limited₹25.00 CrOpen
06 Sep 2019Idbi Trusteeship Services Limited₹70.00 CrOpen
03 Apr 2017Idbi Trusteeship Services Limited₹160.00 CrOpen
31 Mar 2017Idbi Trusteeship Services Limited₹160.00 CrOpen
29 Sep 2016Others₹203.00 CrOpen

How Many Employees Work at Prince Foundations?

Prince Foundations has a workforce of 38 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prince Foundations, 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 Prince Foundations'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 Prince Foundations

Recent activity within the organization

  • Annual General Meeting

    Prince Foundations Limited last Annual general meeting of members was held on 10 Apr 2023 as per latest MCA records.

    10 Apr 2023

  • Charges

    A charge with Others of Rs. 203.00 Cr registered on 29 Sep 2016 with Charge ID 100061297 was modified on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge with Others of Rs. 167.00 Cr registered on 29 Sep 2016 with Charge ID 100061299 was modified on 29 Dec 2022.

    29 Dec 2022

  • Charges

    A charge registered on 25 Sep 2010 via Charge ID 10249176 with Indian Overseas Bank was fully satisfied on 03 Jan 2022.

    03 Jan 2022

  • Director Appointment

    Dilip Ramanlal Davey was appointed as a Additional Director was appointed as a Additional Director on 26 Oct 2021 & has been associated with this company since 3 years 3 months .

    26 Oct 2021

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 70.00 Cr registered on 06 Sep 2019 with Charge ID 100303215 was modified on 23 Jul 2021.

    23 Jul 2021

Frequently asked questions

  • Prince Foundations Limited was incorporated on 27 Feb 2004.

  • The authorized share capital of Prince Foundations Limited is ₹ 45.00 Cr and paid-up capital is ₹ 38.82 Cr.

  • Currently 4 directors are associated with Prince Foundations Limited.

    • Rajkumar Ashwinkumar Kamdar
    • Ashwinkumar Kantilal Kamdar
    • Dilip Ramanlal Davey
    • Jagadish Bhai Natwarlal Davey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prince Foundations Limited is New No.61 Old No.17, Ormes Road Kilpauk India, Chennai, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Prince Foundations Limited is U45201TN2004PLC052638 and the company number is 052638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prince Foundations Limited is https://www.princefoundations.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Prince Foundations Limited has fallen by -49.59%.

  • As Per 2020 financial reports, 38 employees are currently employed by Prince Foundations Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Prince Foundations Limited has experienced an downturn of -198.23%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Prince Foundations Limited amount to ₹ 808.00 Cr.

  • The most recent Balance Sheet for Prince Foundations Limited was filed with the ROC on 31 Mar 2021.

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