About
Basic Data Updated:
18 days agoArtha Real Estate Corporation Limited, formerly known as Artha Financial Services Limited, has a rich history in the real estate industry. The company has been involved in various aspects of real estate development, including the construction and development of both residential and commercial complexes. With a strong focus on project marketing, leasing, and other related activities, Artha Real Estate Corporation Limited has established itself as a leader in the industry. Incorporated with the purpose of conducting business in India and abroad, the company has a wide range of capabilities. As contractors and builders, they have successfully completed numerous projects, showcasing their expertise and commitment to quality. Additionally, Artha Real Estate Corporation Limited also serves as land and estate agents, providing valuable services to clients looking to buy or sell properties. One of the key strengths of the company is their ability to acquire land and buildings on both leasehold and freehold basis. This allows them to have a diverse portfolio of properties, catering to the needs of different clients. They also have experience in dealing with agricultural and non-agricultural land, as well as interest in land/TDR. This gives them the flexibility to develop a variety of residential, commercial, and industrial buildings on these lands.
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U65990KA2008PLC085891 |
Company No. | 085891 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 08 Feb 2008 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Bangalore |
Financials of Artha Real Estate Corporation Limited
Artha Real Estate Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.42% decrease. The company also saw a substantial improvement in profitability, with a 80.16% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.55%.
Corporate Structure
Unlock access to Artha Real Estate Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Artha Real Estate Corporation Limited
Unlock and access historical data on people associated with Artha Real Estate Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
PK
Pallavi Kaveri Company SecretaryAppointment Date: 09-Jun-2023
Status: Current
ST
Srinivasan Thangavel CFOAppointment Date: 24-Sep-2019
Status: Current
Board Members(3)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 18 Nov 2019 | ₹7.50 Cr | Satisfied |
Others Creation Date: 12 May 2017 | ₹20.00 Cr | Satisfied |
Others Creation Date: 18 Aug 2016 | ₹3.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Artha Real Estate Corporation, 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 Artha Real Estate Corporation'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.
Alert
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.
Related Corporates (Common Directorship)
First Reach Financial Consultancy Services Private Limited
Active 16 years 5 monthsNarayanaswamy Kannan is a mutual person
Artha Broking Services Limited
Active 16 years 9 monthsSrinivasan Thangavel, Srinivasan Thangavel and 2 more are mutual person
Artha Infra Projects Limited
Active 16 years 9 monthsSrinivasan Thangavel, Venkatesh Vaidyanathan and 1 more are mutual person
Homznow Realty Advisors Limited
Active 16 years 6 monthsSrinivasan Thangavel, Venkatesh Vaidyanathan and 1 more are mutual person
Hoskote Neo Homes Limited
Active 10 years 1 monthSrinivasan Thangavel, Venkatesh Vaidyanathan and 1 more are mutual person
Artha Infra Developers Limited
Active 16 years 7 monthsSrinivasan Thangavel, Venkatesh Vaidyanathan and 1 more are mutual person
Recent activity within the organization
Director Appointment
Swaraagni Murthy was appointed as a Additional Director was appointed as a Additional Director on 07 Oct 2023 & has been associated with this company since 7 months 4 days .
07 Oct 2023Annual General Meeting
Artha Real Estate Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Director Appointment
Pallavi Bhimshen Kaveri was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jun 2023 & has been associated with this company since 11 months 2 days .
09 Jun 2023Balance Sheet
Artha Real Estate Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023Charges
A charge registered on 18 Nov 2019 via Charge ID 100307934 with Others was fully satisfied on 05 Jun 2020.
05 Jun 2020
Recent News, Updates & Announcement
- Artha Group Secures Sebi Approval for Rs 200 Crore Artha Venture Fund I Targets 40 Return in 3 Months.
Artha Group got approval from Sebi for their new fund Artha Venture Fund I with a size of Rs 200 crore and a green shoe option to raise it to Rs 300 crore They have invested in 56 startups including OYO Rooms and NowFloat The fund will focus on earlystage startups in consumer brands fintech and B2B segments First close in 3 months targeting 40 return StartupGoals FundingFrenzy ArthaVentureFundI.
Economic Times 12 Mar 2018
Frequently asked questions
What is the Incorporation or founding date of Artha Real Estate Corporation Limited?