Affordable Acres Private Limited

Real estate rental and leasing services since 2004, based in Mumbai.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: February 13, 2025

Affordable Acres Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 1 Day
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.25 Cr
  • Satisfied Charges ₹ 26.80 Cr
  • Revenue Growth -0.59%
  • Profit Growth 26617.65%
  • Ebitda 2927.63%
  • Net Worth 3.81%
  • Total Assets -0.28%

About Affordable Acres

Affordable Acres Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 February 2004 and has a history of 21 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Reliable Liquor Trading Private Limited. The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.25 Cr. The company has closed loans amounting to ₹26.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Badlani and Reshma Laxmichand serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lrbgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85194MH2004PTC144685

  • Company No.

    144685

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Affordable Acres?

Executive Team (1)

NameDesignationAppointment DateStatus
Deepak Badlani Country flag representing In Managing Director24-Feb-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Reshma Laxmichand Country flag representing In Director 28-Apr-2010Current

Financial Performance of Affordable Acres.

Affordable Acres Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.59% decrease. The company also saw a substantial improvement in profitability, with a 26617.65% increase in profit. The company's net worth moved up by a moderate rise of 3.81%.

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
-0.59%
Revenue from Operations
-0.63%
Total Assets
-0.28%
Profit or Loss
26617.65%
Net Worth
3.81%
EBITDA
2927.63%

What is the Ownership and Shareholding Structure of Affordable Acres?

Unlock access to Affordable Acres'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.50 M

Satisfied Charges

₹268.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.25 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2023Others₹3.25 CrOpen
02 May 2020Others₹19.80 CrSatisfied
04 Aug 2012Hdfc Bank Limited₹7.00 CrSatisfied

How Many Employees Work at Affordable Acres?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Affordable Acres, 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 Affordable Acres'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 Affordable Acres

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 32.50 M registered on 31 Mar 2023 with Charge ID 100697836 was modified on 02 Aug 2023.

    02 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 32.50 M with Charge ID 100697836 was registered on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Affordable Acres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 02 May 2020 via Charge ID 100356077 with Others was fully satisfied on 21 Dec 2022.

    21 Dec 2022

  • Charges

    A charge registered on 04 Aug 2012 via Charge ID 10373584 with Hdfc Bank Limited was fully satisfied on 23 Jul 2021.

    23 Jul 2021

Frequently asked questions

  • Affordable Acres Private Limited was incorporated on 24 Feb 2004.

  • The authorized share capital of Affordable Acres Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Affordable Acres Private Limited.

    • Deepak Laxmichand Badlani
    • Reshma Badlani Laxmichand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Affordable Acres Private Limited is 402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Affordable Acres Private Limited is U85194MH2004PTC144685 and the company number is 144685 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Affordable Acres Private Limited is https://www.lrbgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Affordable Acres Private Limited has fallen by -0.59%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Affordable Acres Private Limited has experienced an upsurge of 3.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Affordable Acres Private Limited amount to ₹ 3.25 Cr.

  • The most recent Balance Sheet for Affordable Acres Private Limited was filed with the ROC on 31 Mar 2023.

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