Akash Developers Private Limited

Develops and constructs multi-storied buildings and colonies, deals with sale and purchase of properties.

2009 | Indore, Madhya Pradesh (India) | Active
Last Updated: January 07, 2025

Akash Developers Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 8.01 Cr
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -72.11%
  • Ebitda 1204.59%
  • Net Worth -79.60%
  • Total Assets 137.24%

About Akash Developers

Akash Developers Private Limited (ADPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 June 2009 and has a history of 15 years and eight months. Its registered office is in Indore, Madhya Pradesh, 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 20.00 Cr and a paid-up capital of Rs 8.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Akash Bhandari, Kamlesh Bhandari, and Parul Nema serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102MP2009PTC021987

  • Company No.

    021987

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Real Estate and Construction

Who are the key members and board of directors at Akash Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Kamlesh Bhandari Country flag representing In Managing Director02-Jun-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Akash Bhandari Country flag representing In Director 02-Jun-2009Current
Parul Nema Country flag representing In Director 22-Mar-2021Current

Financial Performance of Akash Developers.

Akash Developers Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 72.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 79.6%.

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
Revenue from Operations
Total Assets
137.24%
Profit or Loss
-72.11%
Net Worth
-79.60%
EBITDA
1204.59%

What is the Ownership and Shareholding Structure of Akash Developers?

In 2019, Akash Developers 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Akash Developers?

Unlock and access historical data on people associated with Akash Developers, 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 Akash Developers, 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 Akash Developers's trajectory.

Rating

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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

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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 Akash Developers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Akash Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

  • Director Appointment

    Parul Nema was appointed as a Director was appointed as a Director on 22 Mar 2021 & has been associated with this company since 3 years 11 months .

    22 Mar 2021

  • Director Appointment

    Akash Bhandari was appointed as a Director was appointed as a Director on 02 Jun 2009 & has been associated with this company since 15 years 8 months .

    02 Jun 2009

  • Director Appointment

    Kamlesh Bhandari was appointed as a Managing Director was appointed as a Managing Director on 02 Jun 2009 & has been associated with this company since 15 years 8 months .

    02 Jun 2009

  • Company Incorporation

    Akash Developers Private Limited was registered on 02 Jun 2009 with Roc Gwalior & aged 15 years 8 months as per MCA records.

    02 Jun 2009

Frequently asked questions

  • Akash Developers Private Limited was incorporated on 02 Jun 2009.

  • The authorized share capital of Akash Developers Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 8.01 Cr.

  • Currently 3 directors are associated with Akash Developers Private Limited.

    • Akash Bhandari
    • Kamlesh Bhandari
    • Parul Nema
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akash Developers Private Limited is 408 Rajani Bhawan M.G Road, India, Indore, Madhya Pradesh, 452003.

  • The corporate identification number (CIN) of Akash Developers Private Limited is U70102MP2009PTC021987 and the company number is 021987 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2019 indicates that The net worth of Akash Developers Private Limited has experienced an downturn of -79.60%.

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

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