Ivrcl Assets & Holdings Limited
About Ivrcl Assets & Holdings Limited
Data last updated:
Ivrcl Assets & Holdings Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 28 June 1996.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN L70100TG1996PLC024459. It is recorded as listed by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹270 Cr and a paid-up capital of ₹197.05 Cr. It was formerly known as Ivr Prime Urban Developers Limited. It was led by directors including Eragam Sunil Reddy (Managing Director) and Sudhir Reddy Eragam.
Its last annual general meeting (AGM) was held on 15 September 2011, and its latest financial statements are for the year ended 31 March 2011. The registered office was at M – 22/3Rt Vijaynagar Colony, Hyderabad, Telangana, India – 500057.
Court records list 98 cases involving the company, including 19 filed by the company and 79 filed against it; 13 cases are pending. The company has 7 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹219.46 Cr; the latest was in November 2010.
Company details
CIN history
Ivrcl Assets & Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70100TG1996PLC024459, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100TG1996PLC024459 | Current |
| L70100AP1996PLC024459 | Previous |
| U70100AP1996PLC024459 | Previous |
Contact details
Ivrcl Assets & Holdings Limited's registered office is in Hyderabad, Telangana.
- Registered AddressM – 22/3Rt Vijaynagar Colony, Hyderabad, Telangana, India – 500057
- IndustryReal Estate, Real Estate Leasing
- 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 Ivrcl Assets & Holdings Limited
FY 2011 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Ivrcl Assets & Holdings Limited, buy the company report.
Board of directors of Ivrcl Assets & Holdings Limited
Ivrcl Assets & Holdings has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Reddy Eragam Also directs: A. P. Enercon Engineers Private Limited, Eragam Holdings Limited | Director | 28 Jun 1996 | 30 Years 4 Months | As last reported |
| Ramesh Chandra Bose Tummala | Director | 12 Feb 2011 | 15 Years 9 Months | As last reported |
| Murahari Reddy Velpula | Director | 14 Apr 2010 | 16 Years 7 Months | As last reported |
| Tribhuwan Nath Chaturvedi | Director | 25 Oct 2006 | 20 Years 0 Months | As last reported |
| Rebala Balarami Reddy | Director | 02 May 2001 | 25 Years 6 Months | As last reported |
| Ramachandran Sitaraman | Director | 18 Sep 2010 | 16 Years 1 Months | As last reported |
Deals & funding
Ivrcl Assets & Holdings Limited has 7 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹219.46 Cr; the latest was in November 2010.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Funding round | ₹150 Cr | Investors: Ascent Capital Advisors India |
| Mar 2010 | Funding round | ₹59.46 Cr | Investors: Ivrcl Limited |
| Aug 2007 | Market trade | ₹54.02 Cr | Buyer: Matrix Equitrade Private Limited , Opg Securities Private Limited Seller: Matrix Equitrade Private Limited , Opg Securities Private Limited |
| Aug 2007 | IPO | ₹778.25 Cr | Investors: Ipo Shareholders - Ivrcl Assets & Holdings Limited, 3 individuals |
| Sep 2006 | Funding round | ₹10 Cr | Investors: Soma Hotels and Resorts Limited |
To see the full deal history of Ivrcl Assets & Holdings 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
Ivrcl Assets & Holdings Limited has 98 court cases on record: 19 filed by Ivrcl Assets & Holdings, 79 filed against it. 13 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 75 | 61 | 11 |
| District courts | 21 | 16 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1303-Consumer Disputes and RERA : SLPs/Writ Petitions relating to the Real Estate (Regulation and Development) Act, 2016/disputes between builders and buyers – allotment, cancellation, fixation of price of flats/plots and return of deposits) | Filed against the company by an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Ivr Hotels and Resorts Ltd | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by M/S Hill Ridge Spring Owners and Residents Association | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by M/S Hill Ridge Spring Owner S and Residents Association | Pending |
| Bombay High Court | Court case (MVXA) | Filed by the company against The State of Maharashtra | Pending |
To see the full case history of Ivrcl Assets & Holdings Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ivrcl Assets & Holdings 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 Ivrcl Assets & Holdings Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ivrcl Assets & Holdings Limited has 14 board changes on record since 1996: 11 appointments and 3 cessations. The latest: Ramesh Chandra Bose Tummala was appointed as Director on 12 Feb 2011.
5 earlier events are in the company report.
Frequently asked questions
Ivrcl Assets & Holdings has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ivrcl Assets & Holdings was a public limited company based in Hyderabad, Telangana, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 28 June 1996 and is registered under CIN L70100TG1996PLC024459. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ivrcl Assets & Holdings was incorporated on 28 June 1996. It is registered with the Registrar of Companies, Hyderabad.
Ivrcl Assets & Holdings had 8 directors:
- Eragam Sunil Reddy - Managing Director
- Sudhir Reddy Eragam - Director
- Ramesh Chandra Bose Tummala - Director
- Murahari Reddy Velpula - Director
- Tribhuwan Nath Chaturvedi - Director
- Rebala Balarami Reddy - Director
- Ramachandran Sitaraman - Director
- Prabhakar Ram Tripathi - Director
The CIN (Corporate Identification Number) of Ivrcl Assets & Holdings is L70100TG1996PLC024459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivrcl Assets & Holdings is recorded as a listed company by MCA, but its shares were delisted from BSE, and no longer trade on a stock exchange.
The registered office of Ivrcl Assets & Holdings is at M – 223Rt Vijaynagar Colony, Hyderabad, Telangana, India – 500057.
The latest financial statements of Ivrcl Assets & Holdings on record with the MCA are for the year ended 31 March 2011. Its last annual general meeting was held on 15 September 2011. Year-wise statements from 2015 are in the company report.
Ivrcl Assets & Holdings operated in the real estate industry, in the real estate leasing segment.
Ivrcl Assets & Holdings has 7 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹219.46 Cr; the latest was in November 2010.
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