Prime Property Development Corporation Limited logo

Prime Property Development Corporation Limited

Develops high-end urban properties in Mumbai, including residential apartments, commercial buildings, and shopping malls.

1992 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

17 days ago

Prime Property Development Corporation Limited, previously known as Akhil Holdings Ltd, is currently involved in property development. The development of upscale urban properties situated primarily in the western suburbs of Mumbai is the main focus of the company. The company's property portfolio comprises of luxurious residential apartments and homes for celebrities, as well as commercial properties including shops, showrooms, and offices. Additionally, the company has also ventured into shopping mall projects that feature multiplexes and food courts. PPDCL has successfully completed various projects such as Prime Pune Mall, Prime Square, Prime Beach, Prime Centre, Prime Plaza, and Prime Avenue. Furthermore, the company has also undertaken the development of 'Prime Tech Park', which encompasses a commercial building and an IT Park spanning over an area of approximately 90,000 sq ft. In the commercial property segment, the company specializes in constructing large units of 5,000 sq ft or more for shops, showrooms, and offices. Moreover, the company has also taken on the construction of composite shopping mall projects that include multiplexes and food courts.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL67120MH1992PLC070121
Company No.070121
Stock Symbol BSE : 530695
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date23 Dec 1992
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Products or Services related to Prime Property Development Corporation Limited

Location Consulting

Business Consultant

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Prime Property Development Corporation Limited offers a wide range of products and services, including: Business Planning and Management, Business Consultant.

Financials of Prime Property Development Corporation Limited

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Prime Property Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 560.36% increase. The company also saw a substantial improvement in profitability, with a 250.18% increase in profit. The company's net worth moved up by a moderate rise of 9.89%.

Corporate Structure

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Unlock access to Prime Property Development Corporation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Prime Property Development Corporation Limited

Executive Team (2)

  • amit_bhansali_793878.png
    Amit Bhansali In CFO

    Appointment Date: 24-Dec-2019

    Status: Current

  • KV

    Kumar Vora In CEO

    Appointment Date: 25-Jan-2017

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹0.80 cr

₹283.40 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 01 Jul 2021
₹7.97 MOpen

State Bank Of India

Creation Date: 19 Jul 2010
₹35.00 CrSatisfied

Syndicate Bank

Creation Date: 10 Oct 2006
₹70.00 CrSatisfied

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Prime Property Development Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prime Property Development Corporation's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Prime Property Development Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Prime Property Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 cr with Charge ID 100464567 was registered on 01 Jul 2021.

    01 Jul 2021
  • Activity

    Director Appointment

    Meena Sanjiv Kapadi was appointed as a Director was appointed as a Director on 12 Nov 2020 & has been associated with this company since 3 years 6 months .

    12 Nov 2020
  • Activity

    Charges

    A charge registered on 19 Jul 2010 via Charge ID 10233881 with State Bank Of India was fully satisfied on 01 Aug 2012.

    01 Aug 2012

Frequently asked questions

What is the Incorporation or founding date of Prime Property Development Corporation Limited?

Prime Property Development Corporation Limited was incorporated 31 years 4 months ago on 23 Dec 1992 with Registrar of Companies Roc Mumbai.

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