Absolute Built Concept Private Limited
About Absolute Built Concept Private Limited
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Absolute Built Concept Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U04520KA2005PTC036727. Its GSTIN is 29AAGCA7998A1ZB (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Absolute Built Concept Constructions Pvt Ltd. It is led by directors Srinivasa Kumar Manikonda and Venkatakrishna Varaprasad Dadi.
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 No 1417 Ground Floor 23rd Cross 12th Main 3rd Block East Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.61 Lakh, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.95 Cr and EBITDA of -₹43 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 69% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.1 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo 1417 Ground Floor 23rd Cross 12th Main 3rd Block East Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Auditor Details of Absolute Built Concept Private Limited
Absolute Built Concept Private Limited is audited by BANGARU & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANGARU & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Absolute Built Concept Private Limited
Absolute Built Concept has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Kumar Manikonda Also directs: Sadgurusaai Energies Private Limited | Director | 07 Jul 2005 | 21 Years 2 Months | Current |
| Venkatakrishna Varaprasad Dadi Also directs: Sadgurusaai Energies Private Limited, Arrow Quartz Products Private Limited, Arrow Constructions Limited and 1 more | Additional Director | 18 May 2019 | 7 Years 4 Months | Current |
Financials of Absolute Built Concept Private Limited FY 2023 filings available
Absolute Built Concept Private Limited reported revenue of ₹6.61 Lakh (up 89% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Absolute Built Concept Private Limited
Revenue rose 89% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 69%. EBITDA fell 137% 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 of Absolute Built Concept Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | -₹43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.95 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Absolute Built Concept Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Absolute Built Concept are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Absolute Built Concept Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Absolute Built Concept Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2022 | Others | ₹3 Cr | Open |
| 23 Dec 2022 | Others | ₹2 Cr | Open |
| 23 Dec 2022 | Others | ₹3.4 Lakh | Open |
| 23 Dec 2022 | Others | ₹15 Lakh | Open |
| 23 Dec 2022 | Others | ₹22.5 Lakh | Open |
Total charge records: 22 View all charges
Employees and EPFO Compliance at Absolute Built Concept Private Limited
Absolute Built Concept Private Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Absolute Built Concept Private Limited
Absolute Built Concept has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCA7998A1ZB | Karnataka | Active | 01 Jul 2017 |
| 37AAGCA7998A1ZE | Andhra Pradesh | Active | 13 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Absolute Built Concept Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Absolute Built Concept Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Absolute Built Concept Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Absolute Built Concept Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Absolute Built Concept Private Limited
Frequently Asked Questions about Absolute Built Concept Private Limited
Absolute Built Concept is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 July 2005 (21+ years old) and is registered under CIN U04520KA2005PTC036727.
Absolute Built Concept reported revenue of ₹6.61 Lakh for FY 2023 (up 89% YoY).
Absolute Built Concept has 2 current directors:
- Srinivasa Kumar Manikonda - Director
- Venkatakrishna Varaprasad Dadi - Additional Director
Absolute Built Concept reported a net loss of ₹1.95 Cr and EBITDA of -₹43 Lakh for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Absolute Built Concept is -86% over three years and -69% over five years. In the latest year (FY 2023) revenue rose 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Absolute Built Concept is 29AAGCA7998A1ZB, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAGCA7998A1ZE (Andhra Pradesh).
The CIN (Corporate Identification Number) of Absolute Built Concept is U04520KA2005PTC036727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Absolute Built Concept was incorporated on 07 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Absolute Built Concept is at No 1417 Ground Floor 23rd Cross 12th Main 3rd Block East Jayanagar, Bangalore, Karnataka, India – 560011.