
About India Development and Construction Venture Capital Private Limited
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India Development and Construction Venture Capital Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hubtown Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 16 July 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2007PTC172391.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Ackruti City Venture Capital Private Limited and Akruti City Venture Capital Private Limited. It was led by directors including Praphul Devram Shinde and Jitendra Jasvantray Shah.
Its last annual general meeting (AGM) was held on 24 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
The last known website on record is hubtown.co.in.
Company details
Name history
India Development and Construction Venture Capital has undergone 2 name changes throughout its history. The company was previously known as Ackruti City Venture Capital Private Limited, and Akruti City Venture Capital Private Limited. The current legal name is India Development And Construction Venture Capital Private Limited.
| Company Name | Status |
|---|---|
| India Development and Construction Venture Capital Private Limited | Current |
| Ackruti City Venture Capital Private Limited | Previous |
| Akruti City Venture Capital Private Limited | Previous |
Contact details
India Development and Construction Venture Capital Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri (E), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of India Development and Construction Venture Capital Private Limited, buy the company report.
- 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
Financials of India Development and Construction Venture Capital Private Limited
FY 2018 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of India Development and Construction Venture Capital Private Limited, buy the company report.
Board of directors of India Development and Construction Venture Capital Private Limited
India Development and Construction Venture Capital has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Hemant Shah Also directs: Ackruti Center Infotech Limited, Camwood Mercantile LLP, Aradhana Lifespace LLP and 5 more | Additional Director | 15 Oct 2018 | 8 Years 0 Months | As last reported |
| Praphul Devram Shinde Also directs: Twenty Five South Maintenance Private Limited, Summit Bizcom Private Limited, Twenty Five South Realty Limited and 5 more | Director | 12 Mar 2015 | 11 Years 7 Months | As last reported |
| Jitendra Jasvantray Shah | Director | 14 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
India Development and Construction Venture Capital Private Limited is audited by DOSHI DOSHI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DOSHI DOSHI & ASSOCIATES | FY 2016 | 121773W |
Shareholding
The shareholding of India Development and Construction Venture Capital Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
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| Foreign institutional investors (FII) | ||
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To see the full shareholding pattern of India Development and Construction Venture Capital Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving India Development and Construction Venture Capital 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
No delayed payments to MSME suppliers are on our record for India Development and Construction Venture Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for India Development and Construction Venture Capital Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
India Development and Construction Venture Capital Private Limited has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Jainam Shah Naresh ceased to be Director on 15 Oct 2018.
8 earlier events are in the company report.
Frequently asked questions
India Development and Construction Venture Capital has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
India Development and Construction Venture Capital was a private limited company based in Mumbai, Maharashtra, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 16 July 2007 and is registered under CIN U67190MH2007PTC172391. The company has been struck off by the Registrar of Companies and is no longer operational.
India Development and Construction Venture Capital had 3 directors:
- Kushal Hemant Shah - Additional Director
- Praphul Devram Shinde - Director
- Jitendra Jasvantray Shah - Director
The CIN (Corporate Identification Number) of India Development and Construction Venture Capital is U67190MH2007PTC172391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of India Development and Construction Venture Capital is at Unit No. 116 First Floor Rehab Building No. 4 Akruti Annexe Road No. 7 Marol MIDC A, Ndheri E, Mumbai, Maharashtra, India – 400093.
India Development and Construction Venture Capital was incorporated on 16 July 2007. It is registered with the Registrar of Companies, Mumbai.
India Development and Construction Venture Capital can be reached through the website hubtown.co.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of India Development and Construction Venture Capital on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 September 2018. Year-wise statements from 2015 are in the company report.
India Development and Construction Venture Capital operated in the financial services industry, in the investment banking and advisory segment. It worked in this industry before it was struck off.
Jainam Shah Naresh ceased to be Director on 15 Oct 2018. Kushal Hemant Shah was appointed as Additional Director on 15 Oct 2018. Jitendra Jasvantray Shah ceased to be Additional Director on 24 Aug 2017. India Development and Construction Venture Capital has 17 board changes on record in total.

