AI Development & Management Company Private Limited
About AI Development & Management Company Private Limited
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AI Development & Management Company Private Limited is a private limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2011PTC226485.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hues Services Private Limited and Hues Advisory Private Limited. It is led by directors including Kapil Singhal and Mohini Chitkara.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at I – 6332 A Gali No. 5 East Rohtas Nagar Shahdara, Delhi, India – 110032.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.09 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 86.7%) and EBITDA of ₹2.83 Lakh (EBITDA margin 91.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
AI Development & Management Company has undergone 2 name changes throughout its history. The company was previously known as Hues Services Private Limited, and Hues Advisory Private Limited. The current legal name is Ai Development & Management Company Private Limited.
| Company Name | Status |
|---|---|
| AI Development & Management Company Private Limited | Current |
| Hues Services Private Limited | Previous |
| Hues Advisory Private Limited | Previous |
CIN history
AI Development & Management Company has one previous CIN (Corporate Identification Number): U93000DL2011PTC226485. The current CIN is U45400DL2011PTC226485, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400DL2011PTC226485 | Current |
| U93000DL2011PTC226485 | Previous |
Contact details
AI Development & Management Company Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressI – 6332 A Gali No. 5 East Rohtas Nagar Shahdara, Delhi, India – 110032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of AI Development & Management Company Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of AI Development & Management Company is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of AI Development & Management Company Private Limited
FY 2023 filings availableAI Development & Management Company Private Limited reported revenue of ₹3.09 Lakh (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA fell 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.09 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.5% | ||||
| Net Profit Margin | 86.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of AI Development & Management Company Private Limited, buy the company report.
Board of directors of AI Development & Management Company Private Limited
AI Development & Management Company has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Singhal Also directs: Campaign Factory Media and Marketing LLP, Innovest Waste Management LLP, Greenshift Enviro Solutions Private Limited and 5 more | Director | 15 Sep 2012 | 14 Years 1 Months | Current |
| Mohini Chitkara | Director | 10 May 2016 | 10 Years 5 Months | Current |
| Harish Sachdeva | Director | 14 Oct 2017 | 9 Years 0 Months | Current |
Auditor
AI Development & Management Company Private Limited is audited by JM & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JM & ASSOCIATES | FY 2021 | 011270N |
Shareholding
The shareholding of AI Development & Management Company Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of AI Development & Management Company Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving AI Development & Management Company Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for AI Development & Management Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for AI Development & Management Company Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
AI Development & Management Company Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Harish Sachdeva was appointed as Director on 14 Oct 2017.
Frequently asked questions
AI Development & Management Company is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 October 2011 (15+ years old) and is registered under CIN U45400DL2011PTC226485.
AI Development & Management Company has 3 current directors:
- Kapil Singhal - Director
- Mohini Chitkara - Director
- Harish Sachdeva - Director
The latest financial statements of AI Development & Management Company on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of AI Development & Management Company is U45400DL2011PTC226485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
AI Development & Management Company was incorporated on 19 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Harish Sachdeva was appointed as Director on 14 Oct 2017. Mohini Chitkara ceased to be Additional Director on 03 Sep 2016. Anupma Singhal ceased to be Additional Director on 10 May 2016. AI Development & Management Company has 9 board changes on record in total.
The registered office of AI Development & Management Company is at I – 6332 A Gali No. 5 East Rohtas Nagar Shahdara, Delhi, India – 110032.
AI Development & Management Company operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of AI Development & Management Company is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
Yes. AI Development & Management Company was formerly known as Hues Services Private Limited, Hues Advisory Private Limited.