Propcare Developers Profile
Key Indicators
- Authorised Capital ₹ 110.00 Cr
- Paid Up Capital ₹ 46.19 Cr
- Company Age 34 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6,892.72 Cr
- Satisfied Charges ₹ 6,114.77 Cr
- Revenue Growth 38.83%
- Profit Growth 35.32%
- Ebitda 12.55%
- Net Worth -2.43%
- Total Assets 5.08%
About Propcare Developers
Propcare Developers Private Limited (PDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 December 1990 and has a history of 34 years and two months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Glory Estate Pvt Ltd. 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 110.00 Cr and a paid-up capital of Rs 46.19 Cr.
The company currently has active open charges totaling ₹6,892.72 Cr. The company has closed loans amounting to ₹6,114.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
Methuku Srinivas and Mohankumar Jayanna 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
U70102KA1990PTC027924
- Company No.
027924
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Dec 1990
- 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
What products or services does Propcare Developers Private Limited offer?
Propcare Developers Private Limited offers a wide range of products and services, including Building & Real Estate Developers, Commercial Construction Service, Real Estate Agent & Property Dealers, Serviced Apartments, Residential Construction Projects, Real Estate Agent, Hotel Construction Service.
Who are the key members and board of directors at Propcare Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Methuku Srinivas  | Director | 25-Mar-2024 | Current |
| Mohankumar Jayanna | Director | 25-Mar-2024 | Current |
Financial Performance of Propcare Developers.
Mantri Developers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.83% increase. The company also saw a substantial improvement in profitability, with a 35.32% increase in profit. The company's net worth dipped by a decrease of 2.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Propcare Developers?
In 2022, Propcare Developers had a promoter holding of 90.00% and a public holding of 9.99%. The company had 23 Subsidiaries and 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Qvc Realty Developers Private LimitedMohankumar Jayanna is a mutual person
_PRIVATE_LIMITED.webp)
Propcare Real Estate Management Private LimitedMethuku Srinivas and Mohankumar Jayanna are mutual person
Primus Lifespaces Private LimitedMethuku Srinivas is a mutual person
- Castles Vista Private Limited
Methuku Srinivas is a mutual person
- Pratibha Realtors Private Limited
Methuku Srinivas is a mutual person
- Agara Techzone Private Limited
Methuku Srinivas and Mohankumar Jayanna are mutual person
Charges (Loans)
Open Charges
₹6,892.72 Cr
Satisfied Charges
₹6,114.77 Cr
Charges Breakdown by Lending Institutions
- Others : 6586.72 Cr
- Xander Finance Private Limited : 186.00 Cr
- Yes Bank Limited : 60.00 Cr
- Il & Fs Trust Company Limited : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Others | ₹460.00 Cr | Open |
| 17 Jun 2020 | Others | ₹125.00 Cr | Open |
| 20 Mar 2020 | Others | ₹621.42 Cr | Open |
| 17 Oct 2019 | Others | ₹310.00 Cr | Open |
| 20 Sep 2019 | Others | ₹260.00 Cr | Open |
How Many Employees Work at Propcare Developers?
Propcare Developers has a workforce of 209 employees as of Apr 07, 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 Propcare Developers, 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 Propcare Developers'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 Propcare Developers
Recent activity within the organization
- Charges
A charge registered on 29 Mar 2016 via Charge ID 100020821 with Others was fully satisfied on 12 Dec 2024.
- Charges
A charge registered on 30 Sep 2020 via Charge ID 100380962 with Sbicap Trustee Company Limited was fully satisfied on 25 Nov 2024.
- Annual General Meeting
Propcare Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 95.00 Cr registered on 25 May 2017 with Charge ID 100103129 was modified on 03 Apr 2024.
- Balance Sheet
Propcare Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Methuku Srinivas was appointed as a Director was appointed as a Director on 25 Mar 2024 & has been associated with this company since 11 months 10 days .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Propcare Developers Private Limited?
Propcare Developers Private Limited was incorporated on 06 Dec 1990.
What is authorized share capital and paid-up capital of Propcare Developers Private Limited?
The authorized share capital of Propcare Developers Private Limited is ₹ 110.00 Cr and paid-up capital is ₹ 46.19 Cr.
Who are the current board members & directors of Propcare Developers Private Limited?
Currently 2 directors are associated with Propcare Developers Private Limited.
- Methuku Srinivas
- Mohankumar Singapura Jayanna
What is the registered address of Propcare Developers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Propcare Developers Private Limited is C-5 Rich Homes No 5/1 Richmond Road, India, Bangalore North, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Propcare Developers Private Limited?
The corporate identification number (CIN) of Propcare Developers Private Limited is U70102KA1990PTC027924 and the company number is 027924 as per Ministry of Corporate Affairs (MCA).
What is the official website of Propcare Developers Private Limited?
The Official website of Propcare Developers Private Limited is https://www.mantri.in
What has been the recent revenue trend for Propcare Developers Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Propcare Developers Private Limited has risen by 38.83%.
How many employees does Propcare Developers Private Limited currently have?
As Per 2022 financial reports, 209 employees are currently employed by Propcare Developers Private Limited.
What change has been observed in the net worth of Propcare Developers Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Propcare Developers Private Limited has experienced an downturn of -2.43%.
What are the total open charges for Propcare Developers Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Propcare Developers Private Limited amount to ₹ 6,892.72 Cr.
When was the last Balance Sheet of Propcare Developers Private Limited filed with the ROC?
The most recent Balance Sheet for Propcare Developers Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Shirish GodboleAlternate Director
Robert NasoDirector
Rakesh SudDirector
Rajat TandonAlternate Director
Bharat KhannaAlternate Director
Ashishkumar ShahDirector
Anand MadduriDirectorNN
Naresh NaikAlternate Director
Similar Companies Based on Real Estate Builders & Developers
Godrej And Boyce Manufacturing Company Limited Mumbai, Maharashtra, India
Ahluwalia Contracts (India) Limited Delhi, India
B. G. Shirke Construction Technology Private Limited Pune, Maharashtra, India
Sobha Limited Bangaluru, Karnataka, India
Oberoi Realty Limited Mumbai, Maharashtra, India
Bgr Mining & Infra Limited Hyderabad, Telangana, India
Dlf Limited Gurugram, Haryana, India
Micro Labs Limited Bangaluru, Karnataka, India