Sobha Highrise Ventures Profile
Key Indicators
- Authorised Capital ₹ 20.60 Cr
- Paid Up Capital ₹ 12.90 Cr
- Company Age 12 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 145.00 Cr
- Satisfied Charges ₹ 165.00 Cr
- Revenue Growth -22.45%
- Profit Growth -264.36%
- Ebitda -7.07%
- Net Worth -6.51%
- Total Assets 40.24%
About Sobha Highrise Ventures
Sobha Highrise Ventures Private Limited (SHVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 May 2012 and has a history of 12 years and ten 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 20.60 Cr and a paid-up capital of Rs 12.90 Cr.
The company currently has active open charges totaling ₹145.00 Cr. The company has closed loans amounting to ₹165.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sobha Highrise Ventures Private Limited India is Barsha Agarwal as COMPANY SECRETARY. Manakulamparambil Nisanth, Venkatesan Lakshmanan, and Jagadish Nangineni 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
U36100KA2012PTC064148
- Company No.
064148
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 May 2012
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Real Estate and Construction
E-Commerce
Who are the key members and board of directors at Sobha Highrise Ventures?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Barsha Agarwal  | Company Secretary | 05-Nov-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manakulamparambil Nisanth | Additional Director | 03-Jan-2025 | Current |
| Venkatesan Lakshmanan | Director | 26-Feb-2024 | Current |
| Jagadish Nangineni | Director | 30-Mar-2022 | Current |
Financial Performance of Sobha Highrise Ventures.
Sobha Highrise Ventures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.45% decrease. The company also saw a substantial fall in profitability, with a 264.36% decrease in profit. The company's net worth dipped by a decrease of 6.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sobha Highrise Ventures?
In 2023, Sobha Highrise Ventures had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sobha Interiors Private LimitedManakulamparambil Nisanth and Venkatesan Lakshmanan are mutual person
Sobha Projects And Trade Private LimitedJagadish Nangineni is a mutual person
- Sobha Developers (Pune) Limited
Venkatesan Lakshmanan and Jagadish Nangineni are mutual person
- Sobha Assets Private Limited
Venkatesan Lakshmanan and Jagadish Nangineni are mutual person
- Sobha Construction Products Private Limited
Venkatesan Lakshmanan is a mutual person
- Sobha Nandambakkam Developers Limited
Venkatesan Lakshmanan is a mutual person
Charges (Loans)
Open Charges
₹145.00 Cr
Satisfied Charges
₹165.00 Cr
Charges Breakdown by Lending Institutions
- Others : 75.00 Cr
- The South Indian Bank Limited : 70.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2024 | The South Indian Bank Limited | ₹70.00 Cr | Open |
| 11 May 2022 | Others | ₹75.00 Cr | Open |
| 15 Jul 2016 | Axis Bank Limited | ₹70.00 Cr | Satisfied |
| 05 Sep 2013 | Indian Overseas Bank | ₹95.00 Cr | Satisfied |
How Many Employees Work at Sobha Highrise Ventures?
Unlock and access historical data on people associated with Sobha Highrise Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sobha Highrise Ventures, 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 Sobha Highrise Ventures'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 Sobha Highrise Ventures
Recent activity within the organization
- Director Appointment
Manakulamparambil Narayanan Nisanth was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2025 & has been associated with this company since 2 months 25 days .
- Charges
A charge with The South Indian Bank Limited amounted to Rs. 70.00 Cr with Charge ID 101015308 was registered on 30 Nov 2024.
- Annual General Meeting
Sobha Highrise Ventures Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Balance Sheet
Sobha Highrise Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Venkatesan Lakshmanan was appointed as a Director was appointed as a Director on 26 Feb 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Others of Rs. 75.00 Cr registered on 11 May 2022 with Charge ID 100585818 was modified on 30 May 2022.
Recent News, Updates & Announcement
- Sobha Ltd's Q3 Sales Soar 37%, Bengaluru Demand Drives Success; Launches New Projects and Reduces Net Debt.
Sobha Ltd's sales bookings increased by 37% to Rs 1,951.6 crore in Q3, thanks to high demand in Bengaluru. Average price per square feet also improved. Bengaluru had its best sales quarter ever with 1.25 million square feet sold. Sobha also launched 2 new projects and reduced net debt. They're a top real estate developer in India." #SobhaLtd #Q3Sales #BengaluruDemand #NetDebtReduction #TopDeveloper.
- UAE property developer Sobha plans initial public offering.
Sobha is targeting annual sales of 2,000 housing units in Dubai that will result in revenue of 2.5 billion dirhams and profit of about 400 million dirhams by 2022, Menon said..
- Sobha to foray into Hyderabad and Delhi property market.
The firm has entered into a joint development agreement with local landlords to build high-end apartment totalling 1.5mn sq ft in both cities. .
Frequently asked questions
What is the Incorporation or founding date of Sobha Highrise Ventures Private Limited?
Sobha Highrise Ventures Private Limited was incorporated on 28 May 2012.
What is authorized share capital and paid-up capital of Sobha Highrise Ventures Private Limited?
The authorized share capital of Sobha Highrise Ventures Private Limited is ₹ 20.60 Cr and paid-up capital is ₹ 12.90 Cr.
Who are the current board members & directors of Sobha Highrise Ventures Private Limited?
Currently 4 directors are associated with Sobha Highrise Ventures Private Limited.
- Manakulamparambil Narayanan Nisanth
- Barsha Agarwal
- Venkatesan Lakshmanan
- Jagadish Nangineni
What is the registered address of Sobha Highrise Ventures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sobha Highrise Ventures Private Limited is Sobha Sarjapur-Marathahalli Outer Ring Road (Orr) Devarabisanahalli Bellandur Post, India, Bangalore, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Sobha Highrise Ventures Private Limited?
The corporate identification number (CIN) of Sobha Highrise Ventures Private Limited is U36100KA2012PTC064148 and the company number is 064148 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sobha Highrise Ventures Private Limited?
The Official website of Sobha Highrise Ventures Private Limited is https://www.metercube.com
What has been the recent revenue trend for Sobha Highrise Ventures Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sobha Highrise Ventures Private Limited has fallen by -22.45%.
What change has been observed in the net worth of Sobha Highrise Ventures Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sobha Highrise Ventures Private Limited has experienced an downturn of -6.51%.
What are the total open charges for Sobha Highrise Ventures Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sobha Highrise Ventures Private Limited amount to ₹ 145.00 Cr.
When was the last Balance Sheet of Sobha Highrise Ventures Private Limited filed with the ROC?
The most recent Balance Sheet for Sobha Highrise Ventures Private Limited was filed with the ROC on 31 Mar 2024.
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