Akar Propcon Private Limited

Real estate trading and development company with a wide range of properties.

2005 | Jaipur, Rajasthan (India) | Active
Last Updated: June 16, 2024

Akar Propcon Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth -9.17%
  • Profit Growth 4.13%
  • Ebitda -21.02%
  • Net Worth 35.30%
  • Total Assets 10.30%

About Akar Propcon

Akar Propcon Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 March 2005 and has a history of 19 years and 11 months. Its registered office is in Jaipur, Rajasthan, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhenav Akar, Nand Akar, and Nisha Akar serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201RJ2005PTC020431

  • Company No.

    020431

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Real Estate and Construction

Who are the key members and board of directors at Akar Propcon?

Board Members (3)

NameDesignationAppointment DateStatus
Abhenav Akar Country flag representing In Director 15-Mar-2005Current
Nand Akar Country flag representing In Director 15-Mar-2005Current
Nisha Akar Country flag representing In Director 15-Mar-2005Current

Financial Performance of Akar Propcon.

Akar Propcon Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.17% decrease. The company also saw a slight improvement in profitability, with a 4.13% increase in profit. The company's net worth Soared by an impressive increase of 35.3%.

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
-9.17%
Revenue from Operations
Total Assets
10.30%
Profit or Loss
4.13%
Net Worth
35.30%
EBITDA
-21.02%

What is the Ownership and Shareholding Structure of Akar Propcon?

In 2023, Akar Propcon 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

₹40.00 M

Satisfied Charges

₹60.00 M

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2017Idbi Bank Limited₹1.00 CrOpen
29 Mar 2017Idbi Bank Limited₹3.00 CrOpen
14 Sep 2005Uco Bank₹6.00 CrSatisfied

How Many Employees Work at Akar Propcon?

Unlock and access historical data on people associated with Akar Propcon, 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 Akar Propcon, 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 Akar Propcon'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 Akar Propcon

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Akar Propcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 10.00 M with Charge ID 100142166 was registered on 29 Nov 2017.

    29 Nov 2017

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 30.00 M with Charge ID 100091758 was registered on 29 Mar 2017.

    29 Mar 2017

  • Charges

    A charge registered on 14 Sep 2005 via Charge ID 90069311 with Uco Bank was fully satisfied on 21 Mar 2017.

    21 Mar 2017

  • Charges

    A charge with Uco Bank of Rs. 60.00 M registered on 14 Sep 2005 with Charge ID 90069311 was modified on 13 Nov 2006.

    13 Nov 2006

Frequently asked questions

  • Akar Propcon Private Limited was incorporated on 15 Mar 2005.

  • The authorized share capital of Akar Propcon Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Akar Propcon Private Limited.

    • Abhenav Akar
    • Nand Kishore Akar
    • Nisha Akar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akar Propcon Private Limited is D-26AAkar MargBani Park Jaipur, Rajasthan, India.

  • The corporate identification number (CIN) of Akar Propcon Private Limited is U45201RJ2005PTC020431 and the company number is 020431 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akar Propcon Private Limited has fallen by -9.17%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akar Propcon Private Limited has experienced an upsurge of 35.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akar Propcon Private Limited amount to ₹ 4.00 Cr.

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