Propassets Management Private Limited
Real estate development and management company for residential and commercial properties.
2020 | Bangalore, Karnataka (India) | Active
Propassets Management Profile
Key Indicators
- Authorised Capital ₹ 5.22 Cr
- Paid Up Capital ₹ 5.22 Cr
- Company Age 4 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 5.16%
- Profit Growth 26.86%
- Ebitda 16.70%
- Net Worth -29.64%
- Total Assets -1.89%
About Propassets Management
Propassets Management Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 September 2020 (Four years and five months 12 days old ). 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 5.22 Cr and a paid-up capital of Rs 5.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sumanth Gopalakrishnarao and Rajendra Nagashree serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70109KA2020PTC138874
- Company No.
138874
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2020
- Date of AGM
30 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 Propassets Management?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumanth Gopalakrishnarao  | Director | 22-Sep-2020 | Current |
| Rajendra Nagashree | Director | 22-Sep-2020 | Current |
Financial Performance of Propassets Management.
Propassets Management Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.16% increase. The company also saw a substantial improvement in profitability, with a 26.86% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Propassets Management?
In 2023, Propassets Management had a promoter holding of 0.02% and a public holding of 99.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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- Projectum Actifs Private Limited
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- Propshare Office Projects Private Limited
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- Propshare Office Assets Private Limited
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- Offprop Management Private Limited
Sumanth Gopalakrishnarao and Rajendra Nagashree are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Propassets Management?
Propassets Management has a workforce of 0 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Propassets Management, 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 Propassets Management'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 Propassets Management
Recent activity within the organization
- Annual General Meeting
Propassets Management Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Propassets Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Sumanth Shivani Gopalakrishnarao was appointed as a Director was appointed as a Director on 22 Sep 2020 & has been associated with this company since 4 years 5 months .
- Director Appointment
Rajendra Nagashree was appointed as a Director was appointed as a Director on 22 Sep 2020 & has been associated with this company since 4 years 5 months .
- Company Incorporation
Propassets Management Private Limited was registered on 22 Sep 2020 with Roc Bangalore & aged 4 years 5 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Propassets Management Private Limited?
Propassets Management Private Limited was incorporated on 22 Sep 2020.
What is authorized share capital and paid-up capital of Propassets Management Private Limited?
The authorized share capital of Propassets Management Private Limited is ₹ 5.22 Cr and paid-up capital is ₹ 5.22 Cr.
Who are the current board members & directors of Propassets Management Private Limited?
Currently 2 directors are associated with Propassets Management Private Limited.
- Sumanth Shivani Gopalakrishnarao
- Rajendra Nagashree
What is the registered address of Propassets Management Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Propassets Management Private Limited is F-404 Kishore Saga-2 No.1878/33/225/21/28/10, Uttarahalli India, Bengaluru, Karnataka, 560061.
What is the corporate identification number (CIN) and company number of Propassets Management Private Limited?
The corporate identification number (CIN) of Propassets Management Private Limited is U70109KA2020PTC138874 and the company number is 138874 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Propassets Management Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Propassets Management Private Limited has risen by 5.16%.
What change has been observed in the net worth of Propassets Management Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Propassets Management Private Limited has experienced an downturn of -29.64%.
When was the last Balance Sheet of Propassets Management Private Limited filed with the ROC?
The most recent Balance Sheet for Propassets Management Private Limited was filed with the ROC on 31 Mar 2023.