Sri Nakoda Construction Limited

Develops and constructs residential projects in Bangalore, with a strong credit rating and multiple completed and ongoing projects.

1993 | Bangaluru, Karnataka (India) | Active
Last Updated: December 21, 2024

Sri Nakoda Construction Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 32 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 689.37 Cr
  • Revenue Growth 73.06%
  • Profit Growth 168.28%
  • Ebitda -28.50%
  • Net Worth 2.43%
  • Total Assets -6.64%

About Sri Nakoda Construction

Sri Nakoda Construction Limited (SNCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 January 1993 and has a history of 32 years. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Sri Nakoda Construction 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 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company has closed loans amounting to ₹689.37 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mahaveer, Tejraj Gulecha, Ratan Lath, 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

    U85110KA1993PLC013916

  • Company No.

    013916

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Sri Nakoda Construction?

Executive Team (1)

Name Designation Appointment Date Status
Ratan Lath Country flag representing In Managing Director 01-Apr-2012 Current

Board Members (3)

Name Designation Appointment Date Status
Mamta Bharaktiya Country flag representing In Whole-Time Director 01-Jun-2010 Current
Mahaveer Country flag representing In Whole-Time Director 01-Apr-2012 Current
Tejraj Gulecha Country flag representing In Whole-Time Director 01-Apr-2012 Current

Financial Performance of Sri Nakoda Construction.

Sri Nakoda Construction Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 73.06% increase. The company also saw a substantial improvement in profitability, with a 168.28% increase in profit. The company's net worth moved up by a moderate rise of 2.43%.

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
73.06%
Revenue from Operations
72.50%
Total Assets
-6.64%
Profit or Loss
168.28%
Net Worth
2.43%
EBITDA
-28.50%

What is the Ownership and Shareholding Structure of Sri Nakoda Construction?

In 2021, Sri Nakoda Construction had a promoter holding of 98.00% and a public holding of 2.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹689.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 442.02 Cr
  • Canara Bank : 116.00 Cr
  • Housing Development Finance Corporation Limited : 60.00 Cr
  • State Bank Of India : 35.50 Cr
  • Reliance Capital Ltd : 20.00 Cr
  • Others : 15.85 Cr

Latest Charge Details

Date Lender Amount Status
01 Feb 2021 Others ₹10.62 Cr Satisfied
18 Sep 2020 Others ₹30.00 Cr Satisfied
28 Feb 2019 Others ₹95.00 Cr Satisfied
30 Mar 2017 Others ₹109.00 Cr Satisfied
28 Feb 2017 Others ₹21.40 Cr Satisfied

How Many Employees Work at Sri Nakoda Construction?

Sri Nakoda Construction has a workforce of 46 employees as of Apr 05, 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 Sri Nakoda Construction, 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 Sri Nakoda Construction'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 Sri Nakoda Construction

Recent activity within the organization

  • Charges

    A charge registered on 01 Feb 2021 via Charge ID 100416629 with Others was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge registered on 18 Sep 2020 via Charge ID 100382308 with Others was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge registered on 28 Feb 2019 via Charge ID 100245483 with Others was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100099108 with Others was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Annual General Meeting

    Sri Nakoda Construction Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 30 Nov 2016 via Charge ID 100065375 with Others was fully satisfied on 09 May 2023.

    09 May 2023

Frequently asked questions

  • Sri Nakoda Construction Limited was incorporated on 21 Jan 1993.

  • The authorized share capital of Sri Nakoda Construction Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 4 directors are associated with Sri Nakoda Construction Limited.

    • Mahaveer
    • Tejraj Gulecha
    • Ratan Babulal Lath
    • Mamta Bharaktiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sri Nakoda Construction Limited is No.133/1 The Residency, 10Th Floor Residency Road India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Sri Nakoda Construction Limited is U85110KA1993PLC013916 and the company number is 013916 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sri Nakoda Construction Limited is https://www.valmark.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Sri Nakoda Construction Limited has risen by 73.06%.

  • As Per 2021 financial reports, 46 employees are currently employed by Sri Nakoda Construction Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Sri Nakoda Construction Limited has experienced an upsurge of 2.43%.

  • The most recent Balance Sheet for Sri Nakoda Construction Limited was filed with the ROC on 31 Mar 2023.

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