About
Basic Data Updated:
14 days agoAccording to the credit rating report, Hubtown Limited was incorporated in 1989 under the name Akruti Nirman Limited. The company's main focus at the time was on civil engineering and development projects, primarily from the government and defense forces. Currently, the company operates independently and through its subsidiaries, joint ventures, and associate companies. It has a strong presence in various real estate business verticals, including residential, commercial, SEZ’s, infotech park, biotic park, and robotic car park. With a focus on western India, the company has established itself in major cities such as Mumbai, Thane, Pune, Surat, Vadodara, and Ahmedabad. Most of its development projects are located within the city limits.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Hubtown Limited
Financials of Hubtown Limited
Hubtown Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.92% decrease. The company also saw a substantial improvement in profitability, with a 22.5% increase in profit. The company's net worth dipped by a decrease of 7.7%.
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Corporate Structure
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People in Hubtown Limited
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Executive Team (3)
VS
Vyomesh Shah Managing DirectorAppointment Date: 30-Nov-2006
Status: Current
SM
Sunil Mago CFOAppointment Date: 05-Jul-2019
Status: Current
SL
Sadanand Lad Company SecretaryAppointment Date: 30-Jul-2020
Status: Current
Board Members(5)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 30 Mar 2022 | ₹22.00 Cr | Open |
Others Creation Date: 28 Sep 2020 | ₹150.00 Cr | Open |
Others Creation Date: 04 Sep 2018 | ₹170.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Recent activity within the organization
Charges
A charge with Others of Rs. 33.00 cr registered on 07 Dec 2015 with Charge ID 10613980 was modified on 26 Oct 2023.
26 Oct 2023Charges
A charge with Others of Rs. 3.00 cr registered on 30 Sep 2014 with Charge ID 10527379 was modified on 11 Oct 2023.
11 Oct 2023Charges
A charge with Others of Rs. 45.50 cr registered on 28 Sep 2012 with Charge ID 10381388 was modified on 11 Oct 2023.
11 Oct 2023Charges
A charge registered on 12 Sep 2012 via Charge ID 10379435 with Union Bank Of India was fully satisfied on 11 Oct 2023.
11 Oct 2023Charges
A charge with Others of Rs. 47.50 cr registered on 13 Jul 2012 with Charge ID 10366058 was modified on 11 Oct 2023.
11 Oct 2023
Recent News, Updates & Announcement
- Hubtown acquires 51 stake in E Commerce Magnum Solution.
Udaipurkiran 14 Nov 2018
Frequently asked questions
What is the Incorporation or founding date of Hubtown Limited?