Sobha Highrise Ventures Profile
Key Indicators
- Authorised Capital ₹ 20.60 Cr
- Paid Up Capital ₹ 20.60 Cr
- Company Age 12 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 75.00 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 eight months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the E-Commerce 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 20.60 Cr and a paid-up capital of Rs 20.60 Cr.
The company currently has active open charges totaling ₹75.00 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. Ravi Doddabale, Venkatesan Lakshmanan, and Jagadish Nangineni serve as directors at the Company.
Company Details
- Location
Bangalore, 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
18 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
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 |
|---|---|---|---|
| Ravi Doddabale | Director | 23-Mar-2018 | Current |
| Venkatesan Lakshmanan | Additional Director | 21-Mar-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
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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 LimitedVenkatesan Lakshmanan is a mutual person
Sobha Projects And Trade Private LimitedJagadish Nangineni is a mutual person
Sobha Assets Private LimitedRavi Doddabale, Venkatesan Lakshmanan and 1 more are mutual person
- Sobha Nandambakkam Developers Limited
Ravi Doddabale and Venkatesan Lakshmanan are mutual person
- Sobha Tambaram Developers Limited
Ravi Doddabale and Venkatesan Lakshmanan are mutual person
- Sobha Contracting Private Limited
Ravi Doddabale is a mutual person
Charges (Loans)
₹75.00 Cr
₹165.00 Cr
Charges Breakdown by Lending Institutions
- Others : 75.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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.
