Accurate Developers Private Limited

Construction company specializing in residential buildings in Hyderabad and Bangalore.

2006 | Pune-29, Maharashtra (India) | Active
Last Updated: January 03, 2025

Accurate Developers Profile

Key Indicators

  • Authorised Capital ₹ 5.90 Cr
  • Paid Up Capital ₹ 5.90 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 50.75 Cr
  • Revenue Growth 21.93%
  • Profit Growth 25.88%
  • Ebitda 56.54%
  • Net Worth 37.18%
  • Total Assets 13.63%

About Accurate Developers

Accurate Developers Private Limited (ADPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 April 2006 and has a history of 18 years and ten months. Its registered office is in Pune-29, Maharashtra.

The Corporate was formerly known as Accurate Asset Valuers And Surveyors Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.90 Cr and a paid-up capital of Rs 5.90 Cr.

The company has closed loans amounting to ₹50.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mitesh Kulkarni and Sunil Modani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45200PN2006PTC128337

  • Company No.

    128337

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Real Estate and Construction

Who are the key members and board of directors at Accurate Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Mitesh Kulkarni Country flag representing In Managing Director19-Apr-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Sunil Modani Country flag representing In Director 15-Mar-2021Current

Financial Performance of Accurate Developers.

Accurate Developers Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 21.93% increase. The company also saw a substantial improvement in profitability, with a 25.88% increase in profit. The company's net worth Soared by an impressive increase of 37.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.93%
Revenue from Operations
36.86%
Total Assets
13.63%
Profit or Loss
25.88%
Net Worth
37.18%
EBITDA
56.54%

What is the Ownership and Shareholding Structure of Accurate Developers?

In 2018, Accurate Developers had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹50.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 32.00 Cr
  • Reliance Home Finance Limited : 13.00 Cr
  • Idbi Trusteeship Services Limited Ac India Realty Fund I Acting Through Im Azure Capital Advisors Pvt Ltd : 5.75 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2017Others₹20.50 CrSatisfied
15 Oct 2016Others₹11.50 CrSatisfied
17 Nov 2015Reliance Home Finance Limited₹13.00 CrSatisfied
21 Jul 2014Idbi Trusteeship Services Limited Ac India Realty Fund I Acting Through Im Azure Capital Advisors Pvt Ltd₹5.75 CrSatisfied

How Many Employees Work at Accurate Developers?

Accurate Developers has a workforce of 3 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accurate Developers, 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 Accurate Developers's trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Accurate Developers

Recent activity within the organization

  • Annual General Meeting

    Accurate Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Accurate Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Sunil Kumar Modani was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 3 years 11 months .

    15 Mar 2021

  • Charges

    A charge registered on 16 Nov 2017 via Charge ID 100138991 with Others was fully satisfied on 11 Oct 2018.

    11 Oct 2018

  • Charges

    A charge registered on 15 Oct 2016 via Charge ID 100065779 with Others was fully satisfied on 11 Oct 2018.

    11 Oct 2018

  • Charges

    A charge registered on 17 Nov 2015 via Charge ID 10616589 with Reliance Home Finance Limited was fully satisfied on 11 Oct 2018.

    11 Oct 2018

Frequently asked questions

  • Accurate Developers Private Limited was incorporated on 19 Apr 2006.

  • The authorized share capital of Accurate Developers Private Limited is ₹ 5.90 Cr and paid-up capital is ₹ 5.90 Cr.

  • Currently 2 directors are associated with Accurate Developers Private Limited.

    • Mitesh Surendra Kulkarni
    • Sunil Kumar Modani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Developers Private Limited is J-201 Amod Ankur Kothrud, India, Pune-29, Maharashtra.

  • The corporate identification number (CIN) of Accurate Developers Private Limited is U45200PN2006PTC128337 and the company number is 128337 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accurate Developers Private Limited is https://www.accuratedevelopers.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for Accurate Developers Private Limited has risen by 21.93%.

  • As Per 2020 financial reports, 3 employees are currently employed by Accurate Developers Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Accurate Developers Private Limited has experienced an upsurge of 37.18%.

  • The most recent Balance Sheet for Accurate Developers Private Limited was filed with the ROC on 31 Mar 2024.

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