Provenance Land Private Limited

Real estate development and hotel ownership in Mumbai, Maharashtra.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: January 13, 2025

Provenance Land Profile

Key Indicators

  • Authorised Capital ₹ 246.11 Cr
  • Paid Up Capital ₹ 126.09 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,290.00 Cr
  • Satisfied Charges ₹ 1,706.08 Cr
  • Revenue Growth -0.76%
  • Profit Growth 24.03%
  • Ebitda 672.45%
  • Net Worth -19.28%
  • Total Assets 27.25%

About Provenance Land

Provenance Land Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 November 2001 and has a history of 23 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Magus Estates And Hotels 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 2023. It's a company limited by shares with an authorized capital of Rs 246.11 Cr and a paid-up capital of Rs 126.09 Cr.

The company currently has active open charges totaling ₹1,290.00 Cr. The company has closed loans amounting to ₹1,706.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Provenance Land Private Limited India is Karishma Adhikari as COMPANY SECRETARY. Adarsh Jatia, Rajkumar Jatia, and David Lang serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH2001PTC255339

  • Company No.

    255339

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction
Travel and Hospitality

Who are the key members and board of directors at Provenance Land?

Executive Team (2)

Name Designation Appointment Date Status
Adarsh Jatia Country flag representing In Managing Director 01-Apr-2013 Current
Karishma Adhikari Company Secretary 16-Aug-2023 Current

Board Members (2)

Name Designation Appointment Date Status
Rajkumar Jatia Country flag representing In Director 13-Nov-2001 Current
David Lang Country flag representing Us Director 29-Jan-2024 Current

Financial Performance of Provenance Land.

Provenance Land Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.76% decrease. The company also saw a substantial improvement in profitability, with a 24.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.28%.

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
-0.76%
Revenue from Operations
-0.05%
Total Assets
27.25%
Profit or Loss
24.03%
Net Worth
-19.28%
EBITDA
672.45%

What is the Ownership and Shareholding Structure of Provenance Land?

In 2022, Provenance Land had a promoter holding of 39.16% and a public holding of 60.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,290.00 Cr

Satisfied Charges

₹1,706.08 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 1290.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2023 Idbi Trusteeship Services Limited ₹590.00 Cr Open
19 Jan 2022 Idbi Trusteeship Services Limited ₹700.00 Cr Open
31 Dec 2018 Others ₹15.00 Cr Satisfied
07 Feb 2018 Others ₹235.00 Cr Satisfied
25 Jan 2018 Axis Bank Limited ₹20.00 Cr Satisfied

How Many Employees Work at Provenance Land?

Provenance Land has a workforce of 1 employees as of Apr 04, 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 Provenance Land, 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 Provenance Land'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 Provenance Land

Recent activity within the organization

  • Director Appointment

    David Lang was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 3 days .

    29 Jan 2024

  • Annual General Meeting

    Provenance Land Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 590.00 Cr with Charge ID 100795349 was registered on 27 Sep 2023.

    27 Sep 2023

  • Director Appointment

    Karishma Adhikari was appointed as a Company Secretary was appointed as a Company Secretary on 16 Aug 2023 & has been associated with this company since 1 year 5 months .

    16 Aug 2023

  • Balance Sheet

    Provenance Land Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 700.00 Cr registered on 19 Jan 2022 with Charge ID 100544695 was modified on 06 Jul 2022.

    06 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Provenance Land Private Limited was incorporated on 13 Nov 2001.

  • The authorized share capital of Provenance Land Private Limited is ₹ 246.11 Cr and paid-up capital is ₹ 126.09 Cr.

  • Currently 4 directors are associated with Provenance Land Private Limited.

    • Adarsh Rajkumar Jatia
    • Rajkumar Subhkaran Jatia
    • David Lang
    • Karishma Adhikari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Provenance Land Private Limited is Plot No 1/136 Dr. E. Moses Road Near Jijamata Nagar, Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Provenance Land Private Limited is U99999MH2001PTC255339 and the company number is 255339 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Provenance Land Private Limited is https://www.provenanceland.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Provenance Land Private Limited has fallen by -0.76%.

  • As Per 2022 financial reports, 1 employees are currently employed by Provenance Land Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Provenance Land Private Limited has experienced an downturn of -19.28%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Provenance Land Private Limited amount to ₹ 1,290.00 Cr.

  • The most recent Balance Sheet for Provenance Land Private Limited was filed with the ROC on 31 Mar 2023.

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