About Asten Realtors Private Limited
Data last updated:
Asten Realtors Private Limited is a private limited company based in Kochi, Kerala, India, a subsidiary of Greenlace Builders And Developers Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 July 2011.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U45200KL2011PTC028812.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5 Cr. It is led by directors Kakanatil Siraj Mather Abdul Rahiman (Managing Director) and Kakkanattil Raffi Mather Ibrahimkutty Mohamed (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Kochi, Kerala.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹49.25 Lakh (net margin 1.2%) and EBITDA of ₹8.63 Cr (EBITDA margin 21.2%).
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹63 Cr on record. Court records list 41 cases involving the company, including 16 filed by the company and 25 filed against it; 5 cases are pending.
The last known website on record is astenrealtors.com.
Company details
Contact details
Asten Realtors Private Limited's registered office is in Kochi, Kerala. Its website is astenrealtors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 33/2440 F Compass Chakkaraparambu NH 47 Bye Pass Thamman, Am P.O, Kochi, Kerala, India – 682032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Asten Realtors 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
Business activity
The main business activity of Asten Realtors is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Asten Realtors Private Limited, buy the company report.
Financials of Asten Realtors Private Limited
FY 2020 filings availableAsten Realtors Private Limited reported revenue of ₹40.77 Cr (up 202% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 202% in the latest year. EBITDA rose 399% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹8.63 Cr | ||||
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| Net Profit (PAT) | ₹49.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Asten Realtors Private Limited, buy the company report.
Board of directors of Asten Realtors Private Limited
Asten Realtors has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kakkanattil Raffi Mather Ibrahimkutty Mohamed | Whole-Time Director | 05 Jul 2011 | 15 Years 4 Months | As last reported |
| Kakanatil Siraj Mather Abdul Rahiman | Managing Director | 05 Jul 2011 | 15 Years 4 Months | As last reported |
Peer comparison
Asten Realtors Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aroma Realties Limited | ₹40.79 Cr (FY 2024) | 40.0% | Ahmedabad, Gujarat, India | |||
| Adroit Urban Developers Private Limited | ₹40.78 Cr (FY 2025) | -19.0% | Chennai, Tamil Nadu, India | |||
| Asten Realtors Private Limitedthis company | ₹40.77 Cr (FY 2020) | ₹49.25 Lakh | 1.2% | 202.0% | 9 | Kochi, Kerala, India |
| N.K.Gupta Builders Private Limited | ₹40.73 Cr (FY 2024) | 61.0% | Panchkula, Haryana, India | |||
| Kanti Infrabuild Private Limited | ₹40.71 Cr (FY 2025) | 57.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Asten Realtors Private Limited, buy the company report.
Auditor
Asten Realtors Private Limited is audited by AYYAR & CHERIAN for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AYYAR & CHERIAN | FY 2019 | 000284S |
Shareholding
The shareholding of Asten Realtors Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Asten Realtors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2019 | 100244601 | Others | ₹55 Cr | Open | |
| 23 Dec 2015 | 10628299 | Icici Bank Limited | ₹45 Cr | Satisfied | |
| 21 Oct 2014 | 10532115 | Icici Bank Limited | ₹10 Cr | Satisfied | |
| 20 May 2014 | 10496332 | Icici Bank Limited | ₹8 Cr | Satisfied |
To see the full charge records of Asten Realtors Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Asten Realtors Private Limited has 41 court cases on record: 16 filed by Asten Realtors, 25 filed against it. 5 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 11 | 4 |
| NCLT | 10 | 4 | 0 |
| District courts | 9 | 9 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kochi | Insolvency matter | Filed by the company against Fedex Finance Private Limited and 2 others | Disposed |
| District court, Thiruvananthapuram, Kerala | Commercial suit | Filed against the company by M/S Asianet News Network Pvt Ltd | Disposed |
| District court, Ernakulam, Kerala | Commercial suit | Filed against the company by M/S.Prism Johnson Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Hilti India Pvt. Ltd. | Disposed |
| District court, Ernakulam, Kerala | Court case (Restor.Ptn) | Filed against the company by Mather and Co. Pvt. Ltd | Disposed |
To see the full case history of Asten Realtors Private 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 Asten Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asten Realtors has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Asten Properties and Developers Private Limited | U45200KL2011PTC027422 | |
| Trinex Rentals and Leasing Private Limited | U70103KL2011PTC027891 |
To see the full group structure of Asten Realtors Private Limited, buy the company report.
Employees & EPFO
Asten Realtors Private Limited has a workforce of 9 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Asten Realtors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asten Realtors Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Kakanatil Mohammed Zuhair Mather Siraj Mather ceased to be Director on 07 Sep 2021.
6 earlier events are in the company report.
Frequently asked questions
Asten Realtors is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Asten Realtors is a company under liquidation, formerly operating as a private limited company based in Kochi, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 July 2011 and is registered under CIN U45200KL2011PTC028812. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Asten Realtors has 2 current directors:
- Kakanatil Siraj Mather Abdul Rahiman - Managing Director
- Kakkanattil Raffi Mather Ibrahimkutty Mohamed - Whole-Time Director
The latest financial statements of Asten Realtors on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asten Realtors is U45200KL2011PTC028812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asten Realtors has open charges of ₹55 Cr and satisfied charges of ₹63 Cr as per latest MCA filings.
Asten Realtors has 41 court cases on record: 16 filed by the company and 25 filed against it. 5 are pending. Most are in the high courts.
Asten Realtors was incorporated on 05 July 2011. It is registered with the Registrar of Companies, Ernakulam.
The peers of Asten Realtors by revenue are Aroma Realties Limited, Adroit Urban Developers Private Limited, N.K.Gupta Builders Private Limited, Kanti Infrabuild Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kakanatil Mohammed Zuhair Mather Siraj Mather ceased to be Director on 07 Sep 2021. Chidambaram Balasubramoniam ceased to be Director on 18 Mar 2021. Kakkanattil Raffi Mather Ibrahimkutty Mohamed ceased to be Director on 21 Dec 2013. Asten Realtors has 6 board changes on record in total.
Asten Realtors can be reached through the website astenrealtors.com. Its registered office is in Kochi, Kerala, India.
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