Technoart Constructions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 04-07-2024
- Paid Up Capital ₹ 2.50 M
as on 04-07-2024
- Company Age 54 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.85 Cr
as on 04-07-2024
- Satisfied Charges ₹ 0.83 M
as on 04-07-2024
- Revenue 2.99%
(FY 2023)
- Profit -14.49%
(FY 2023)
- Ebitda -21.42%
(FY 2023)
- Net Worth 1.00%
(FY 2023)
- Total Assets 4.29%
(FY 2023)
About Technoart Constructions
The Company is engaged in the Infrastructure And Utilities 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹16.85 Cr. The company has closed loans amounting to ₹0.83 M, as per Ministry of Corporate Affairs (MCA) records.
Mysore Rao, Rathna Nagaraj, and Mysore Karthik serve as directors at the Company.
- CIN/LLPIN
U85110KA1970PTC001950
- Company No.
001950
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Oct 1970
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Technoart Constructions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mysore Karthik  | Managing Director | 01-May-2005 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mysore Rao | Director | 11-Aug-1978 | Current |
| Rathna Nagaraj | Director | 01-Sep-2003 | Current |
Financial Performance of Technoart Constructions.
Technoart Constructions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.99% increase. The company also saw a substantial fall in profitability, with a 14.49% decrease in profit. The company's net worth moved up by a moderate rise of 1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Technoart Constructions?
In 2023, Technoart Constructions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Maya Ventures Private LimitedActive 21 years 1 monthMysore Rao, Rathna Nagaraj and 1 more are mutual person
- Ontime Constructions Private LimitedActive 14 years 12 days
Mysore Rao and Mysore Karthik are mutual person
- Shivashakti Constructions Private LimitedActive 27 years 2 months
Rathna Nagaraj and Mysore Karthik are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 07 Feb 2023 | ₹2.10 M | Open |
Others Creation Date: 07 Sep 2017 | ₹2.10 Cr | Open |
Axis Bank Limited Creation Date: 13 Mar 2017 | ₹1.00 Cr | Open |
How Many Employees Work at Technoart Constructions?
Technoart Constructions has a workforce of 130 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 Technoart Constructions, 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 Technoart Constructions'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.
