Achit Infrastructure Private Limited

Real estate development and construction company with expertise in residential and commercial projects.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated:

Achit Infrastructure Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 19 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.71 Cr
  • Satisfied Charges ₹ 20.00 Cr
  • Revenue Growth 2202.17%
  • Profit Growth 474.98%
  • Ebitda 881.90%
  • Net Worth 98.06%
  • Total Assets 26.30%

About Achit Infrastructure

Achit Infrastructure Private Limited (AIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 February 2006 and has a history of 19 years. Its registered office is in Bangaluru, Karnataka, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹20.71 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Basani Priyadarshinireddy, Basani Reddy, and Basani Reddy serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102KA2006PTC038467

  • Company No.

    038467

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Achit Infrastructure?

Board Members (3)

NameDesignationAppointment DateStatus
Basani Priyadarshinireddy Country flag representing In Director 01-Jun-2019Current
Basani Reddy Country flag representing In Director 23-Mar-2011Current
Basani Reddy Country flag representing In Director 13-Feb-2006Current

Financial Performance of Achit Infrastructure.

Achit Infrastructure Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 2202.17% increase. The company also saw a substantial improvement in profitability, with a 474.98% increase in profit. The company's net worth Soared by an impressive increase of 98.06%.

Achit Infrastructure revenue growth over time
Achit Infrastructure 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
2202.17%
Revenue from Operations
Total Assets
26.30%
Profit or Loss
474.98%
Net Worth
98.06%
EBITDA
881.90%

What is the Ownership and Shareholding Structure of Achit Infrastructure?

In 2021, Achit Infrastructure had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹207.05 M

Satisfied Charges

₹200.00 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 20.71 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2022Karnataka Bank Ltd.₹17.00 CrOpen
17 Jun 2020Karnataka Bank Ltd.₹1.71 CrOpen
16 Jun 2020Karnataka Bank Ltd.₹2.00 CrOpen
23 Jul 2019Karnataka Bank Ltd.₹20.00 CrSatisfied

How Many Employees Work at Achit Infrastructure?

Unlock and access historical data on people associated with Achit Infrastructure, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Achit Infrastructure Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Achit Infrastructure, 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 Achit Infrastructure'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 Achit Infrastructure

Recent activity within the organization

  • Annual General Meeting

    Achit Infrastructure Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 23 Jul 2019 via Charge ID 100284405 with Karnataka Bank Ltd. was fully satisfied on 12 Sep 2023.

  • Balance Sheet

    Achit Infrastructure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 170.00 M with Charge ID 100590280 was registered on 20 Jun 2022.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 17.05 M with Charge ID 100347516 was registered on 17 Jun 2020.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 20.00 M with Charge ID 100347855 was registered on 16 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Achit Infrastructure Private Limited?

    Achit Infrastructure Private Limited was incorporated on 13 Feb 2006.

  • What is authorized share capital and paid-up capital of Achit Infrastructure Private Limited?

    The authorized share capital of Achit Infrastructure Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Achit Infrastructure Private Limited?

    Currently 3 directors are associated with Achit Infrastructure Private Limited.

    • Basani Shalini Priyadarshinireddy
    • Basani Mathyas Reddy
    • Basani Premnath Reddy

  • What is the registered address of Achit Infrastructure Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Achit Infrastructure Private Limited is 97 Ground Floor Achit Nagara Soladevanahalli, India, Bengaluru, Karnataka, 560107.

  • What is the corporate identification number (CIN) and company number of Achit Infrastructure Private Limited?

    The corporate identification number (CIN) of Achit Infrastructure Private Limited is U70102KA2006PTC038467 and the company number is 038467 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Achit Infrastructure Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Achit Infrastructure Private Limited has risen by 2202.17%.

  • What change has been observed in the net worth of Achit Infrastructure Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Achit Infrastructure Private Limited has experienced an upsurge of 98.06%.

  • What are the total open charges for Achit Infrastructure Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Achit Infrastructure Private Limited amount to ₹ 20.71 Cr.

  • When was the last Balance Sheet of Achit Infrastructure Private Limited filed with the ROC?

    The most recent Balance Sheet for Achit Infrastructure Private Limited was filed with the ROC on 31 Mar 2023.

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