Akarsh Residence Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 17-11-2024
- Paid Up Capital ₹ 0.10 M
as on 17-11-2024
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,917.00 Cr
as on 17-11-2024
- Satisfied Charges ₹ 3,940.70 Cr
as on 17-11-2024
- Revenue -58.25%
(FY 2023)
- Profit -41.35%
(FY 2023)
- Ebitda -15.11%
(FY 2023)
- Net Worth 16.81%
(FY 2023)
- Total Assets 6.27%
(FY 2023)
About Akarsh Residence
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 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1,917.00 Cr. The company has closed loans amounting to ₹3,940.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Karunesh Madaiah, Jayeshankar Madaiah, and Sudha Shanker serve as directors at the Company.
- CIN/LLPIN
U45201KA2009PTC051265
- Company No.
051265
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Oct 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Akarsh Residence?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karunesh Madaiah  | Director | 22-Oct-2009 | Current |
| Jayeshankar Madaiah | Director | 22-Oct-2009 | Current |
| Sudha Shanker | Director | 22-Oct-2009 | Current |
Financial Performance of Akarsh Residence.
Akarsh Residence Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 58.25% decrease. The company also saw a substantial fall in profitability, with a 41.35% decrease in profit. The company's net worth Soared by an impressive increase of 16.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akarsh Residence?
In 2023, Akarsh Residence had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Adarsh Haven Private LimitedActive 15 years 2 monthsKarunesh Madaiah, Jayeshankar Madaiah and 1 more are mutual person
- Adarsh Nest Private LimitedActive 15 years 2 months
Karunesh Madaiah, Jayeshankar Madaiah and 1 more are mutual person
- Adarsh Nivaas Private LimitedActive 15 years 2 months
Karunesh Madaiah, Jayeshankar Madaiah and 1 more are mutual person
- Vismaya Builders And Developers Private LimitedActive 13 years 3 months
Karunesh Madaiah is a mutual person
- Adarsh Ecstasy Projects Private LimitedActive 15 years 2 months
Karunesh Madaiah and Sudha Shanker are mutual person
- Adarsh Realty And Hotels Private LimitedActive 28 years 3 months
Karunesh Madaiah, Jayeshankar Madaiah and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Jul 2023 | ₹1,068.00 Cr | Open |
Others Creation Date: 21 Jul 2023 | ₹133.50 Cr | Open |
Others Creation Date: 21 Jul 2023 | ₹715.50 Cr | Open |
How Many Employees Work at Akarsh Residence?
Unlock and access historical data on people associated with Akarsh Residence, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akarsh Residence, 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 Akarsh Residence's trajectory.
Rating
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
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.
