Amace Property Development Private Limited - Company Profile

It is a real estate and construction private limited company based in Chennai, Tamil Nadu, India, established in 2002.
2002 Chennai, Tamil Nadu, India Active
Last Updated:
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About Amace Property Development Private Limited

Amace Property Development Private Limited, a active private limited company, was established on 20 November 2002 in Chennai, Tamil Nadu, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45201TN2002PTC049893. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.20 M.

It upholds a compliant status. Employing 2 professional, Its leadership includes Suresh Kaviya (Managing Director), Sureshprasad Navitha (Additional Director). Past directors included Varadhachari Anuradha, Natarajan Jayaraman, Suresh. It holds ₹2.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at No.1333,Golden Colony, 5Th Street,Mogappair,, Chennai, Tamil Nadu, 600050.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U45201TN2002PTC049893

  • Registration Number

    049893

  • Incorporation Date

    20 November 2002

  • Authorized Capital

    ₹0.20 M

  • Paid-Up Capital

    ₹0.20 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth **** -3.74%
  • Profit Growth **** 74.48%
  • Ebitda **** 43.67%
  • Net Worth 4.44%
  • Total Assets -9.84%
Company report

Amace Property Development Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Amace Property Development Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Amace Property Development Private Limited?
Current Directors
Name Designation Appointment Date Status
Suresh Kaviya Managing Director 31 May 2014 Current
Sureshprasad Navitha Additional Director 31 May 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2013 Past
Pramod Abcsdd Director 31 Mar 2013 Past
Pramod Abcsdd Director 31 May 2014 Past
Pramod Abcsdd Additional Director 08 Feb 2022 Past
Pramod Abcsdd Director 08 Feb 2022 Past

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Financial Performance of Amace Property Development.

Amace Property Development Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 3.74% decrease. The company also saw a substantial improvement in profitability, with a 74.48% increase in profit. The company's net worth moved up by a moderate rise of 4.44%.

Amace Property Development revenue growth over time
Amace Property Development profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -3.74%
*******
*******
*******
*******
Revenue from Operations
*******
 -14.20%
*******
*******
*******
*******
Total Assets
*******
 -9.84%
*******
*******
*******
*******
Profit or Loss
*******
 74.48%
*******
*******
*******
*******
Net Worth
*******
 4.44%
*******
*******
*******
*******
EBITDA
*******
 43.67%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Amace Property Development?

In 2019, Amace Property Development had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹20,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 1.00 Cr
  • The Karur Vysya Bank Limited : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
29 Aug 2017 Others ₹1.00 Cr Open
22 Jul 2015 The Karur Vysya Bank Limited ₹1.00 Cr Open

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How Many Employees Work at Amace Property Development?

Amace Property Development has a workforce of 2 employees as of Apr 02, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amace Property Development, 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 Amace Property Development'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.

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Latest Updates, News, and FAQs on Amace Property Development
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Amace Property Development Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was documented.

  • Balance Sheet

    Amace Property Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 M with Charge ID 100147862 was registered on 29 Aug 2017. was completed.

  • Charges

    Progress on A charge with The Karur Vysya Bank Limited amounted to Rs. 10.00 M with Charge ID 10610672 was registered on 22 Jul 2015. was documented.

  • Director Appointment

    The activity Suresh Kaviya was appointed as a Managing Director was appointed as a Managing Director on 31 May 2014 & has been associated with this company since 11 years 8 months . was completed.

  • Director Appointment

    The activity Sureshprasad Navitha was appointed as a Additional Director was appointed as a Additional Director on 31 May 2014 & has been associated with this company since 11 years 8 months . was completed.

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Frequently Asked Questions
What is the CIN of Amace Property Development Private Limited?

The CIN of Amace Property Development Private Limited is U45201TN2002PTC049893.

Where is Amace Property Development Private Limited headquartered?

Amace Property Development Private Limited is headquartered at No.1333,Golden Colony, 5Th Street,Mogappair,, Chennai, Tamil Nadu, 600050.

When was Amace Property Development Private Limited incorporated?

Amace Property Development Private Limited was incorporated on 20 November 2002.

Who are the current directors of Amace Property Development Private Limited?

The current directors of Amace Property Development Private Limited are

What is the primary industry of Amace Property Development Private Limited?

The primary industry of Amace Property Development Private Limited is Construction.

Is Amace Property Development Private Limited a listed company?

Amace Property Development Private Limited is unlisted.

What is the capital structure of Amace Property Development Private Limited?

The authorized capital of Amace Property Development Private Limited is ₹0.20 M, and the paid-up capital is ₹0.20 M.

What is the compliance status of Amace Property Development Private Limited?

The compliance status of Amace Property Development Private Limited is Compliant.

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