Serene Senior Living Private Limited

Develops retirement homes and provides services for senior citizens in multiple cities.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Serene Senior Living Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.48 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.15 Cr
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth -38.28%
  • Profit Growth 277.20%
  • Ebitda 1.01%
  • Net Worth 0.37%
  • Total Assets 2.76%

About Serene Senior Living

Serene Senior Living Private Limited (SSLPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 June 2006 and has a history of 18 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Covai Senior Care Constructions 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.48 Cr.

The company currently has active open charges totaling ₹23.15 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gireesh Bhandari, Akshay Seth, Abdulla Kagalwalla, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    serenefamily.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201TN2006PTC100171

  • Company No.

    100171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 2006

  • Date of AGM

    30 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Serene Senior Living?

Board Members (4)

NameDesignationAppointment DateStatus
Akshay Seth Country flag representing In Director 08-Dec-2014Current
Gireesh Bhandari Country flag representing In Director 11-Jun-2013Current
Abdulla Kagalwalla Country flag representing Us Director 01-Mar-2013Current
Makesh Shanmuganathan Country flag representing In Director 20-Dec-2020Current

Financial Performance of Serene Senior Living.

Serene Senior Living Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 38.28% decrease. The company also saw a substantial improvement in profitability, with a 277.2% increase in profit. The company's net worth moved up by a moderate rise of 0.37%.

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
-38.28%
Revenue from Operations
-38.04%
Total Assets
2.76%
Profit or Loss
277.20%
Net Worth
0.37%
EBITDA
1.01%

What is the Ownership and Shareholding Structure of Serene Senior Living?

In 2020, Serene Senior Living 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

₹23.15 Cr

Satisfied Charges

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • Easyaccess Financial Services Limited : 16.50 Cr
  • Indian Overseas Bank : 5.15 Cr
  • Lakshmi Vilas Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2017Lakshmi Vilas Bank Limited₹1.50 CrOpen
30 Jan 2016Indian Overseas Bank₹1.50 MOpen
17 Aug 2015Easyaccess Financial Services Limited₹1.50 CrOpen
26 Jun 2015Indian Overseas Bank₹5.00 CrOpen
27 Feb 2013Easyaccess Financial Services Limited₹15.00 CrOpen

How Many Employees Work at Serene Senior Living?

Serene Senior Living has a workforce of 3 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 Serene Senior Living, 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 Serene Senior Living'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 Serene Senior Living

Recent activity within the organization

  • Annual General Meeting

    Serene Senior Living Private Limited last Annual general meeting of members was held on 30 Oct 2023 as per latest MCA records.

    30 Oct 2023

  • Balance Sheet

    Serene Senior Living Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Makesh Shanmuganathan was appointed as a Director was appointed as a Director on 20 Dec 2020 & has been associated with this company since 4 years 2 months .

    20 Dec 2020

  • Charges

    A charge with Lakshmi Vilas Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100109685 was registered on 09 Mar 2017.

    09 Mar 2017

  • Charges

    A charge with Easyaccess Financial Services Limited of Rs. 1.50 Cr registered on 17 Aug 2015 with Charge ID 10590774 was modified on 18 Mar 2016.

    18 Mar 2016

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.15 Cr with Charge ID 100040271 was registered on 30 Jan 2016.

    30 Jan 2016

Frequently asked questions

  • Serene Senior Living Private Limited was incorporated on 19 Jun 2006.

  • The authorized share capital of Serene Senior Living Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.48 Cr.

  • Currently 4 directors are associated with Serene Senior Living Private Limited.

    • Gireesh Kumar Bhandari
    • Akshay Seth
    • Abdulla Akhterhusain Kagalwalla
    • Makesh Shanmuganathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Serene Senior Living Private Limited is Ground Floor No.484 - 485 Pantheon Road, Egmore India, Chennai, Tamil Nadu, 600008.

  • The corporate identification number (CIN) of Serene Senior Living Private Limited is U45201TN2006PTC100171 and the company number is 100171 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Serene Senior Living Private Limited is https://www.serenefamily.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Serene Senior Living Private Limited has fallen by -38.28%.

  • As Per 2020 financial reports, 3 employees are currently employed by Serene Senior Living Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Serene Senior Living Private Limited has experienced an upsurge of 0.37%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Serene Senior Living Private Limited amount to ₹ 23.15 Cr.

  • The most recent Balance Sheet for Serene Senior Living Private Limited was filed with the ROC on 31 Mar 2023.

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