Provident Housing Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 8.00 Cr
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,392.28 Cr
- Satisfied Charges ₹ 3,467.37 Cr
- Revenue Growth 39.72%
- Profit Growth 234.32%
- Ebitda -0.68%
- Net Worth 3.44%
- Total Assets -2.96%
About Provident Housing
Provident Housing Limited (PHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 November 2008 and has a history of 16 years and four months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 8.00 Cr.
The company currently has active open charges totaling ₹2,392.28 Cr. The company has closed loans amounting to ₹3,467.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Provident Housing Limited India is Mallanna Sasalu as CEO. Anup Sanmukh, Ashish Puravankara, Nani Choksey, and One other member 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
U45200KA2008PLC048273
- Company No.
048273
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Nov 2008
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Real Estate and Construction
Who are the key members and board of directors at Provident Housing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mallanna Sasalu | CEO | 03-Oct-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Puravankara  | Director | 14-Nov-2008 | Current |
| Anup Sanmukh | Director | 23-Jul-2019 | Current |
| Nani Choksey | Director | 14-Nov-2008 | Current |
| Amanda Puravankara | Whole-Time Director | 30-Mar-2015 | Current |
Financial Performance of Provident Housing.
Provident Housing Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.72% increase. The company also saw a substantial improvement in profitability, with a 234.32% increase in profit. The company's net worth moved up by a moderate rise of 3.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Provident Housing?
In 2022, Provident Housing had a promoter holding of 100.00%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Handiman Services LimitedAshish Puravankara and Nani Choksey are mutual person
Brigade Hotel Ventures LimitedAnup Sanmukh is a mutual person
Starworth Infrastructure & Construction LimitedAshish Puravankara and Nani Choksey are mutual person
Propmart Technologies LimitedAshish Puravankara and Nani Choksey are mutual person
Purva Asset Management Private LimitedAshish Puravankara is a mutual person
Stove Kraft LimitedAnup Sanmukh is a mutual person
Charges (Loans)
Open Charges
₹2,392.28 Cr
Satisfied Charges
₹3,467.37 Cr
Charges Breakdown by Lending Institutions
- Others : 2037.04 Cr
- Idbi Trusteeship Services Limited : 173.54 Cr
- Tata Capital Housing Finance Limited : 100.00 Cr
- Tata Capital Financial Services Limited : 80.00 Cr
- Yes Bank Limited : 1.13 Cr
- Others : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2024 | Others | ₹215.00 Cr | Open |
| 29 Jul 2024 | Others | ₹100.00 Cr | Open |
| 17 Jul 2024 | Others | ₹250.00 Cr | Open |
| 17 Jul 2024 | Others | ₹150.00 Cr | Open |
| 10 Jul 2024 | Others | ₹90.00 Cr | Open |
How Many Employees Work at Provident Housing?
Provident Housing has a workforce of 352 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 Provident Housing, 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 Provident Housing'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 Provident Housing
Recent activity within the organization
- Charges
A charge with Others of Rs. 215.00 Cr registered on 08 Oct 2024 with Charge ID 100997799 was modified on 22 Oct 2024.
- Charges
A charge with Others amounted to Rs. 215.00 Cr with Charge ID 100997799 was registered on 08 Oct 2024.
- Annual General Meeting
Provident Housing Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 20 Dec 2018 via Charge ID 100234342 with Idbi Trusteeship Services Limited was fully satisfied on 09 Sep 2024.
- Charges
A charge with Others of Rs. 100.00 Cr registered on 29 Jul 2024 with Charge ID 100960596 was modified on 20 Aug 2024.
- Charges
A charge registered on 28 Apr 2022 via Charge ID 100586076 with Idbi Trusteeship Services Limited was fully satisfied on 19 Aug 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Provident Housing Limited?
Provident Housing Limited was incorporated on 14 Nov 2008.
What is authorized share capital and paid-up capital of Provident Housing Limited?
The authorized share capital of Provident Housing Limited is ₹ 25.00 Cr and paid-up capital is ₹ 8.00 Cr.
Who are the current board members & directors of Provident Housing Limited?
Currently 5 directors are associated with Provident Housing Limited.
- Anup Shah Sanmukh
- Ashish Ravi Puravankara
- Nani Rusi Choksey
- Amanda Joy Puravankara
- Mallanna Sasalu
What is the registered address of Provident Housing Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Provident Housing Limited is No. 130/1 Ulsoor Road India, Bangalore, Karnataka, 560042.
What is the corporate identification number (CIN) and company number of Provident Housing Limited?
The corporate identification number (CIN) of Provident Housing Limited is U45200KA2008PLC048273 and the company number is 048273 as per Ministry of Corporate Affairs (MCA).
What is the official website of Provident Housing Limited?
The Official website of Provident Housing Limited is https://www.providenthousing.com
What has been the recent revenue trend for Provident Housing Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Provident Housing Limited has risen by 39.72%.
How many employees does Provident Housing Limited currently have?
As Per 2022 financial reports, 352 employees are currently employed by Provident Housing Limited.
What change has been observed in the net worth of Provident Housing Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Provident Housing Limited has experienced an upsurge of 3.44%.
What are the total open charges for Provident Housing Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Provident Housing Limited amount to ₹ 2,392.28 Cr.
When was the last Balance Sheet of Provident Housing Limited filed with the ROC?
The most recent Balance Sheet for Provident Housing Limited was filed with the ROC on 31 Mar 2024.
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