About Abacus Real Estate Private Limited
Data last updated:
Abacus Real Estate Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kalpataru Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2007PTC173337. Its GSTIN is 36AAGCA4865L1Z9 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹79 Lakh. It is led by directors including Narendra Kumar Lodha and Hemant Bansilal Dave.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 101 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.54 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹8.61 Cr (net margin -9%) and EBITDA of -₹48 Lakh (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
The company has about 47 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹2,580.11 Cr and satisfied charges of ₹2,935 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalpataru.com.
Company details
Contact details
Abacus Real Estate Private Limited's registered office is in Mumbai, Maharashtra. Its website is kalpataru.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 Kalpataru Synergy Opp. Grand Hyatt Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Abacus Real Estate 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 Abacus Real Estate is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Abacus Real Estate Private Limited, buy the company report.
Financials of Abacus Real Estate Private Limited
FY 2024 filings availableAbacus Real Estate Private Limited reported revenue of ₹95.54 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 93% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.61 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Abacus Real Estate Private Limited, buy the company report.
Board of directors of Abacus Real Estate Private Limited
Abacus Real Estate has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Kumar Lodha Also directs: Kalpataru Property Ventures LLP, Klassik Vinyl Products LLP, MPM Holding LLP and 5 more | Director | 20 Jul 2017 | 9 Years 3 Months | Current |
| Hemant Bansilal Dave Also directs: Klassik Vinyl Products LLP, Kalpataru Land Private Limited, Ananta Landmarks Private Limited and 5 more | Director | 02 Feb 2022 | 4 Years 8 Months | Current |
| Jayant Chaganlal Oswal Also directs: Kalpataru Land Private Limited, Ardour Developers Private Limited, Kalpataru Gardens Private Limited and 5 more | Director | 27 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Abacus Real Estate Private Limited is audited by Khimji Kunverji & Co LLP (Formerly Khimji Kunverji & Co) for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khimji Kunverji & Co LLP (Formerly Khimji Kunverji & Co) | FY 2023 | 105146W |
Shareholding
The shareholding of Abacus Real Estate 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abacus Real Estate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101130151 | Others | ₹530 Cr | Open | |
| 21 Apr 2025 | 101094366 | Others | ₹100 Cr | Open | |
| 05 Mar 2025 | 101061351 | Standard Chartered Bank | ₹11 Lakh | Open | |
| 24 Sep 2022 | 100628517 | Others | ₹1,950 Cr | Open | |
| 17 Nov 2023 | 100818593 | Others | ₹2,120 Cr | Satisfied |
To see the full charge records of Abacus Real Estate Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Abacus Real Estate Private Limited has 3 court cases on record: 2 filed by Abacus Real Estate, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed by the company against The Income Tax Officer-14( | Pending |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Deputy Commissioner of Income Tax Deputy Commissioner of Income Tax Circle 14 (1)(1), Room No. 460, 4Th Floor, Aayakar Bhawan, M K Road ,Mumbai , Maharashtra and 3 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Deputy Commissioner of Income Tax, Circle 14 ( and 4 others | Disposed |
To see the full case history of Abacus Real Estate Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Abacus Real Estate Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 185 overdue payments to 49 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Deccan Infrasolutions and Concretes LLP | |||
| an individual supplier | |||
| Careizma Healthcare Private Limited (OPC) | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Abacus Real Estate Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Abacus Real Estate has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kalpataru Constructions (Poona) Private Limited | U45200MH2007PTC170905 | |
| Ardour Properties Private Limited | U45200MH2008PTC178012 |
To see the full group structure of Abacus Real Estate Private Limited, buy the company report.
Employees & EPFO
Abacus Real Estate Private Limited has a workforce of 47 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Abacus Real Estate has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCA4865L1Z9 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abacus Real Estate Private Limited, buy the company report.
Recent activity
Abacus Real Estate Private Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Hemant Bansilal Dave ceased to be Additional Director on 27 Sep 2022.
36 earlier events are in the company report.
News
Frequently asked questions
Abacus Real Estate is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 August 2007 (19+ years old) and is registered under CIN U70102MH2007PTC173337.
Abacus Real Estate has 3 current directors:
- Narendra Kumar Lodha - Director
- Hemant Bansilal Dave - Director
- Jayant Chaganlal Oswal - Director
The latest financial statements of Abacus Real Estate on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Abacus Real Estate is 36AAGCA4865L1Z9, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Abacus Real Estate is U70102MH2007PTC173337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abacus Real Estate has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Abacus Real Estate was incorporated on 22 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemant Bansilal Dave ceased to be Additional Director on 27 Sep 2022. Hemant Bansilal Dave was appointed as Director on 02 Feb 2022. Narendra Kumar Lodha ceased to be Additional Director on 29 Sep 2017. Abacus Real Estate has 18 board changes on record in total.
Abacus Real Estate has 9 MSME Form 1 returns on record between 2020 and 2024, listing 185 overdue payments to 49 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Abacus Real Estate can be reached through the website kalpataru.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Abacus Real Estate is at 101 Kalpataru Synergy Opp. Grand Hyatt Santacruz East, Mumbai, Maharashtra, India – 400055.