Diversified across asset classes and geographies, the company operates mainly under three verticals: Real Estate, Financial Services, Investments and Credit. The operating businesses are carried out by group entities with independent management teams.
Promoter holding has increased. General Insurance corporation and United India Insurance Ltd are invested in Crest.
* Each subsidiary and company’s vertical are operated by seperate team. The operating businesses are carried out by group entities with independent management teams.
* Diversified across asset classes and geographies, the company operates mainly under three verticals: Real Estate, Financial Services, Investments and Credit.
* The company’s Financial services, investment and credit business has a great growth potential going forward
Crest Ventures (CVL) has acquired 6 lakh equity shares of Crest Wealth Management (CWMPL), its Subsidiary Company, from Mitesh Shah at a total consideration of Rs 43.20 lakh on June 23, 2017. Consequent to the said acquisition, the equity holding of CVL in CWMPL has increased from 52% to 62%.
Crest Ventures was incorporated to carry on the business of leasing, hire-purchase and investment in securities. It focuses on acquiring and investing in financial assets and real estate.
http://crest.co.in/ongoing/
http://crest.co.in/completed/
Real Estate
Crest Greens - Raipur: This landscape-led lifestyle project is one-of-a-kind in Central India (Chhattisgarh). An ecofriendly gated community with world class infrastructure facility, and having over 60% open space with a central park and central avenues, is spread over 52 acres. The first phase of villa plots in this project would be completed by the year end and in Phase II, plans on a mixed use residential and commercial complex is under way.
Phoenix MarketCity - Velachery, Chennai: It is the largest shopping center currently operational in the city of Chennai. Within its 2.5 million square foot spread, MarketCity contains a diversity of stores, an exceptional opulent multiplex, a state-of-the-art recreational club, a boutique hotel and elegant residential towers, creating a complete social, residential and life style living. The mall has above 95% occupancy and has seen an increase in the total revenue by 8.50% over last year.
Palladium - Chennai: The construction of the luxury mall completed by October, 2016. Though delayed by about 6 months, the mall should be operational in the last quarter of 2016. The demand for space has a high level of interest with signed letter of intent of over 60% of the leasable area.
Crest Towers & The Crest - Chennai: Crest Towers comprising of one residential tower and The Crest comprising of two residential towers, that is part of the Phoenix MarketCity Complex, totaling to above half a million square feet, is completed and 75% of the total inventory has been sold.
One Crest - Nungambakkam, Chennai: "One Crest" is a premium residential project in Chennai with large apartments size in the upscale area of Nungambakkam. In spite of slowing down of demand nearly 40% of total inventory has been sold. The rains and heavy flooding in November last year did affect this project; however, the building is scheduled to be completed by the second quarter of 2018.
Sharyans Audeus- Andheri, Mumbai: Company continues to earn rental revenue through this asset. The occupancy stands at 95%.
Phoenix MarketCity - Pune: The Company continues to hold 5% stake in this project. The revenues and occupancy of this mall has been growing year-on-year.
Financial Services:
After exiting the "Promoter Group" of Fortune Financial Services Limited, Crest Ventures Limited has sold a substantial part of its stake, thereby profiting from this sale.
Crest Wealth Management Private Limited (Crest Wealth) has launched its portfolio management services in February, 2016 and in a short period has generated significant returns and outperformed the benchmark. With a strong management team and aided by the increase in the domestic savings rate, benign inflation environment and awareness of equity as a wealth creation opportunity, Crest Wealth is poised to rapidly grow its assets under management. Crest Wealth brings to investors innovative financial strategies based on the research and investment tools in order to generate superior risk adjusted returns.
PREBON YAMANE (INDIA) LIMITED
Shareholding belonging to the category : "Public and holding more than 1% of the Total No.of Shares"
No.
|
Name of the Shareholder
|
Total Shares held
|
Shares as % of Total No. of Shares
|
1
|
HUF
|
236,186
|
0
|
2
|
Darshit Kapurchand Shah
|
522,387
|
0
|
3
|
General Insurance Corporation of India
|
337,373
|
0
|
4
|
Orange Mauritius Investments Limited
|
1,030,000
|
0
|
5
|
NRI – Non- Repat
|
40,641
|
0
|
6
|
Hypnos Fund Limited
|
485,000
|
0
|
7
|
United India Insurance Company Limited
|
286,692
|
0
|
8
|
Vikram Pratapbhai Kotak
|
1,071,000
|
0
|
9
|
NRI – Repat
|
117,110
|
0
|
10
|
Clearing Members
|
82,009
|
0
|
11
|
AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED
|
1,615,000
|
0
|
12
|
Bodies Corporate
|
2,093,609
|
CREST VENTURES LTD - SHAREHOLDING PATTERN
|
PROMOTERS
BANKS/FIS
FIIS
INSURANCE
MUTUAL FUNDS
INDIAN PUBLIC
CUSTODIANS
OTHERCREST VENTURES LTD - FINANCIAL RESULTS
PARTICULARS (
 CR) |
MAR 2017
|
MAR 2016
|
% CHG
|
NET SALES
|
14.58
|
7.31
|
99.45
|
OTHER INCOME
|
0.59
|
13.05
|
-95.48
|
TOTAL INCOME
|
15.17
|
20.36
|
-25.49
|
TOTAL EXPENSES
|
11.33
|
6.3
|
79.84
|
OPERATING PROFIT
|
3.85
|
14.06
|
-72.62
|
NET PROFIT
|
1.35
|
10.76
|
-87.45
|
EQUITY CAPITAL
|
26.05
|
17.37
|