Akarshan Projects Private Limited

Real estate development and management services since 1982, based in Kolkata, West Bengal.

1982 | Howrah, West Bengal (India) | Active
Last Updated: December 26, 2024

Akarshan Projects Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 42 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 17.00 Cr
  • Revenue Growth -11.74%
  • Profit Growth -21.95%
  • Ebitda 19.89%
  • Net Worth 2.19%
  • Total Assets 3.37%

About Akarshan Projects

Akarshan Projects Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 March 1982 and has a history of 42 years and ten months. Its registered office is in Howrah, West Bengal, 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹17.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ram Agarwal, Bishwanath Agarwal, Saurav Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Howrah, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63022WB1982PTC034726

  • Company No.

    034726

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1982

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Akarshan Projects?

Board Members (4)

Name Designation Appointment Date Status
Ram Agarwal Country flag representing In Director 26-Mar-1982 Current
Bishwanath Agarwal Country flag representing In Director 26-Mar-1982 Current
Saurav Agarwal Country flag representing In Director 07-Feb-2020 Current
Rajesh Agarwal Country flag representing In Director 07-Feb-2020 Current

Financial Performance of Akarshan Projects.

Akarshan Projects Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 11.74% decrease. The company also saw a substantial fall in profitability, with a 21.95% decrease in profit. The company's net worth moved up by a moderate rise of 2.19%.

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
-11.74%
Revenue from Operations
Total Assets
3.37%
Profit or Loss
-21.95%
Net Worth
2.19%
EBITDA
19.89%

What is the Ownership and Shareholding Structure of Akarshan Projects?

In 2023, Akarshan Projects had a public 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

₹80.00 M

Satisfied Charges

₹170.00 M

Charges Breakdown by Lending Institutions

  • Others : 8.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 2021 Others ₹8.00 Cr Open
17 Dec 2012 Citi Bank N.A. ₹10.00 Cr Satisfied
19 Nov 2010 Citibank N.A ₹7.00 Cr Satisfied

How Many Employees Work at Akarshan Projects?

Unlock and access historical data on people associated with Akarshan Projects, 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 Akarshan Projects, 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 Akarshan Projects'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 Akarshan Projects

Recent activity within the organization

  • Annual General Meeting

    Akarshan Projects Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

    10 Sep 2024

  • Balance Sheet

    Akarshan Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 17 Dec 2012 via Charge ID 10393269 with Citi Bank N.A. was fully satisfied on 11 Aug 2021.

    11 Aug 2021

  • Charges

    A charge registered on 19 Nov 2010 via Charge ID 10253943 with Citibank N.A was fully satisfied on 11 Aug 2021.

    11 Aug 2021

  • Charges

    A charge with Others amounted to Rs. 80.00 M with Charge ID 100470412 was registered on 16 Jul 2021.

    16 Jul 2021

  • Director Appointment

    Saurav Agarwal was appointed as a Director was appointed as a Director on 07 Feb 2020 & has been associated with this company since 4 years 11 months .

    07 Feb 2020

Frequently asked questions

  • Akarshan Projects Private Limited was incorporated on 26 Mar 1982.

  • The authorized share capital of Akarshan Projects Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Akarshan Projects Private Limited.

    • Ram Gopal Agarwal
    • Bishwanath Agarwal
    • Saurav Agarwal
    • Rajesh Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akarshan Projects Private Limited is 8/1 Hardatri Chamaria Roadgolabari India, Kolkata, West Bengal, 711101.

  • The corporate identification number (CIN) of Akarshan Projects Private Limited is U63022WB1982PTC034726 and the company number is 034726 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Akarshan Projects Private Limited has fallen by -11.74%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Akarshan Projects Private Limited has experienced an upsurge of 2.19%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Akarshan Projects Private Limited amount to ₹ 8.00 Cr.

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