Akarsh Residence Private Limited

Develops properties and acquires land for development, established in 2009 in Bangalore, Karnataka.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Akarsh Residence Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,917.00 Cr
  • Satisfied Charges ₹ 3,940.70 Cr
  • Revenue Growth -58.25%
  • Profit Growth -41.35%
  • Ebitda -15.11%
  • Net Worth 16.81%
  • Total Assets 6.27%

About Akarsh Residence

Akarsh Residence Private Limited (ARPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2009 and has a history of 15 years and three months. 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 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.

Sudha Shanker, Jayeshankar Madaiah, and Karunesh Madaiah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • 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

Real Estate and Construction

Who are the key members and board of directors at Akarsh Residence?

Board Members (3)

Name Designation Appointment Date Status
Sudha Shanker Country flag representing In Director 22-Oct-2009 Current
Jayeshankar Madaiah Country flag representing In Director 22-Oct-2009 Current
Karunesh Madaiah Country flag representing In 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%.

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
-58.25%
Revenue from Operations
-58.27%
Total Assets
6.27%
Profit or Loss
-41.35%
Net Worth
16.81%
EBITDA
-15.11%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19,170.00 M

Satisfied Charges

₹39,407.00 M

Charges Breakdown by Lending Institutions

  • Others : 1917.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2023 Others ₹1,068.00 Cr Open
21 Jul 2023 Others ₹133.50 Cr Open
21 Jul 2023 Others ₹715.50 Cr Open
21 Jul 2023 Others ₹75.00 Cr Satisfied
21 Jul 2023 Others ₹258.00 Cr Satisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Akarsh Residence

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge registered on 29 Oct 2021 via Charge ID 100498407 with Others was fully satisfied on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge registered on 21 Jul 2023 via Charge ID 100917989 with Others was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge registered on 21 Jul 2023 via Charge ID 100917992 with Others was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Balance Sheet

    Akarsh Residence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 27 Aug 2021 via Charge ID 100481202 with Others was fully satisfied on 30 Mar 2024.

    30 Mar 2024

Frequently asked questions

  • Akarsh Residence Private Limited was incorporated on 22 Oct 2009.

  • The authorized share capital of Akarsh Residence Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Akarsh Residence Private Limited.

    • Sudha Shanker
    • Jayeshankar Bilidale Madaiah
    • Karunesh Bilidale Madaiah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akarsh Residence Private Limited is No. 2/4 Langford Garden, Richmond Town India, Bengaluru, Karnataka, 560025.

  • The corporate identification number (CIN) of Akarsh Residence Private Limited is U45201KA2009PTC051265 and the company number is 051265 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akarsh Residence Private Limited is https://www.adarshdevelopers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akarsh Residence Private Limited has fallen by -58.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akarsh Residence Private Limited has experienced an upsurge of 16.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akarsh Residence Private Limited amount to ₹ 1,917.00 Cr.

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