Artha Real Estate Corporation Limited logo

Artha Real Estate Corporation Limited

Real estate company involved in development, construction, marketing, and leasing of residential and commercial properties.

2008 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

18 days ago

Artha 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

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU65990KA2008PLC085891
Company No.085891
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date08 Feb 2008
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Bangalore

Financials of Artha Real Estate Corporation Limited

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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

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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

Executive Team (2)

  • PK

    Pallavi Kaveri Company Secretary

    Appointment Date: 09-Jun-2023

    Status: Current

  • ST

    Srinivasan Thangavel In CFO

    Appointment Date: 24-Sep-2019

    Status: Current

Board Members(3)

Charges (Loans)

Satisfied Charges

₹52.00 cr

LenderAmountStatus

Others

Creation Date: 18 Nov 2019
₹7.50 CrSatisfied

Others

Creation Date: 12 May 2017
₹20.00 CrSatisfied

Others

Creation Date: 18 Aug 2016
₹3.00 CrSatisfied

Deals i

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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

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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

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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)

Recent activity within the organization

  • Activity

    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 2023
  • Activity

    Annual 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 2023
  • Activity

    Director 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 2023
  • Activity

    Balance Sheet

    Artha Real Estate Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023
  • Activity

    Charges

    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

  • news
    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?

Artha Real Estate Corporation Limited was incorporated 16 years 3 months ago on 08 Feb 2008 with Registrar of Companies Roc Bangalore.

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