About Assetz Communities Development Private Limited
Data last updated:
Assetz Communities Development Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Assetz Community Asia Pte. Ltd., Singapore And Its Nominee. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2014PTC176666. Its GSTIN is 29AAMCA9243J1Z4 (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Akshay Kishore Dewani and Pankaj Kumar Bajaj.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹258.85 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹68.6 Cr (net margin 26.5%) and EBITDA of ₹91.06 Cr (EBITDA margin 35.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 255% over five years.
As per MCA filings, the company has satisfied charges of ₹1.01 Cr on record. The company has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹29.82 Cr; the latest was in January 2015. The company has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website assetzproperty.com.
Company details
CIN history
Assetz Communities Development has one previous CIN (Corporate Identification Number): U70102KA2014PTC076700. The current CIN is U70102TN2014PTC176666, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102TN2014PTC176666 | Current |
| U70102KA2014PTC076700 | Previous |
Contact details
Assetz Communities Development Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Registered AddressNew No.10 Old No.28 Shankaralaya II Floor, 3rd Cross Street Rk Nagar Ra Puram, Chennai, Tamil Nadu, India – 600028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Assetz Communities Development 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 |
Financials of Assetz Communities Development Private Limited
FY 2024 filings availableAssetz Communities Development Private Limited reported revenue of ₹258.85 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 255%. EBITDA rose 703% 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 | ₹91.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹68.6 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 | 35.2% | ||||
| Net Profit Margin | 26.5% | ||||
| 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 Assetz Communities Development Private Limited, buy the company report.
Board of directors of Assetz Communities Development Private Limited
Assetz Communities Development has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Kishore Dewani Also directs: Avenue Venture Partners Investment Advis Er LLP, Assetz Sarjapur Project Services LLP, Asng Solutions Private Limited and 5 more | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Pankaj Kumar Bajaj | Director | 24 Jan 2024 | 2 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2015 | 10548683 | Il & Fs Trust Company Limited | ₹1.01 Cr | Satisfied |
To see the full charge records of Assetz Communities Development Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Assetz Communities Development Private Limited has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹29.82 Cr; the latest was in January 2015.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Rights issue | ₹99 Lakh | Investors: Assetz Community Asia Pte Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: Assetz Community Asia Pte Limited, Assetz Community Asia Pte Limited & Mallanna Nanjundaiah Seller: Assetz Infrastructure Private Limited , Assetz Infrastructure Private Limited & Ben Cameron |
To see the full deal history of Assetz Communities Development Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Assetz Communities Development Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Assetz Communities Development Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Badami & Kamath |
To see the full MSME payment records of Assetz Communities Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Assetz Communities Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA9243J1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Assetz Communities Development Private Limited, buy the company report.
Recent activity
Assetz Communities Development Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Pankaj Kumar Bajaj ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Assetz Communities Development is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 October 2014 (12+ years old) and is registered under CIN U70102TN2014PTC176666.
Assetz Communities Development has 2 current directors:
- Akshay Kishore Dewani - Director
- Pankaj Kumar Bajaj - Director
The latest financial statements of Assetz Communities Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Assetz Communities Development is 29AAMCA9243J1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Assetz Communities Development is U70102TN2014PTC176666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assetz Communities Development was incorporated on 02 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Assetz Communities Development has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹29.82 Cr; the latest was in January 2015.
Pankaj Kumar Bajaj ceased to be Additional Director on 29 Sep 2024. Pankaj Kumar Bajaj was appointed as Director on 24 Jan 2024. Sachin Vora ceased to be Additional Director on 30 Nov 2021. Assetz Communities Development has 9 board changes on record in total.
Assetz Communities Development has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Oct 2021.
Assetz Communities Development can be reached through the website assetzproperty.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Assetz Communities Development is at New No.10 Old No.28 Shankaralaya II Floor, 3rd Cross Street Rk Nagar Ra Puram, Chennai, Tamil Nadu, India – 600028.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
