Akarshak Realty Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.40 M
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2,577.00 Cr
- Satisfied Charges ₹ 3,091.52 Cr
- Revenue Growth -99.89%
- Profit Growth -43721.17%
- Ebitda -181.20%
- Net Worth -102.04%
- Total Assets 33.30%
About Akarshak Realty
Akarshak Realty Private Limited (ARPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 August 2011 and has a history of 13 years and five months. Its registered office is in Bangalore, 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 1.00 M and a paid-up capital of Rs 0.40 M.
The company currently has active open charges totaling ₹2,577.00 Cr. The company has closed loans amounting to ₹3,091.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Karunesh Madaiah, Nidhi Bangalore, Bangalore Ravikumar, and One other member serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U45200KA2011PTC059903
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Company No.
059903
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Aug 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Akarshak Realty?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karunesh Madaiah
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Director | 08-Aug-2011 | Current |
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Nidhi Bangalore
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Director | 25-Oct-2017 | Current |
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Bangalore Ravikumar
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Director | 30-Mar-2015 | Current |
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Sudha Shanker
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Director | 30-Mar-2015 | Current |
Financial Performance of Akarshak Realty.
Akarshak Realty Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.89% decrease. The company also saw a substantial fall in profitability, with a 43721.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 102.04%.
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What is the Ownership and Shareholding Structure of Akarshak Realty?
In 2023, Akarshak Realty 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)
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Akarsh Residence Private LimitedKarunesh Madaiah and Sudha Shanker are mutual person
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Adarsh Haven Private Limited
Karunesh Madaiah and Sudha Shanker are mutual person
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Adarsh Nest Private Limited
Karunesh Madaiah and Sudha Shanker are mutual person
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Adarsh Nivaas Private Limited
Karunesh Madaiah and Sudha Shanker are mutual person
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Vismaya Builders And Developers Private Limited
Karunesh Madaiah and Bangalore Ravikumar are mutual person
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Adarsh Ecstasy Projects Private Limited
Karunesh Madaiah and Sudha Shanker are mutual person
Charges (Loans)
₹25,770.00 M
₹30,915.20 M
Charges Breakdown by Lending Institutions
- Others : 2577.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jan 2024 | Others | ₹350.00 Cr | Open |
| 09 Dec 2022 | Others | ₹715.50 Cr | Open |
| 09 Dec 2022 | Others | ₹133.50 Cr | Open |
| 09 Dec 2022 | Others | ₹1,068.00 Cr | Open |
| 29 Oct 2021 | Others | ₹310.00 Cr | Open |
How Many Employees Work at Akarshak Realty?
Unlock and access historical data on people associated with Akarshak Realty, 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 Akarshak Realty, 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 Akarshak Realty'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.
