Akshay Buildprop Profile
Key Indicators
- Authorised Capital ₹ 3.40 Cr
- Paid Up Capital ₹ 3.40 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 Cr
- Satisfied Charges ₹ 26.11 Cr
- Revenue Growth 228.80%
- Profit Growth 168.59%
- Ebitda 706.66%
- Net Worth 15.22%
- Total Assets 13.12%
About Akshay Buildprop
Akshay Buildprop Private Limited (ABPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 April 1996 and has a history of 28 years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Vyavahar Developers Private Limited. The Company is engaged in the Travel And Hospitality 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 3.40 Cr and a paid-up capital of Rs 3.40 Cr.
The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹26.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishwanath Rao, Veena Vishwanatha, and Savan Viswanath serve as directors at the Company.
Company Details
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Location
Bangaluru, 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
U70101KA1996PTC020247
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Company No.
020247
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Apr 1996
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Akshay Buildprop Private Limited offer?
Akshay Buildprop Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Commercial Property Rental, Hotel Booking & Reservation Services, Hotels Accommodation Service.
Who are the key members and board of directors at Akshay Buildprop?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Savan Viswanath
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Managing Director | 25-Apr-2013 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Vishwanath Rao
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Director | 20-Jun-1999 | Current |
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Veena Vishwanatha
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Director | 15-Sep-2010 | Current |
Financial Performance of Akshay Buildprop.
Akshay Buildprop Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 228.8% increase. The company also saw a substantial improvement in profitability, with a 168.59% increase in profit. The company's net worth Soared by an impressive increase of 15.22%.
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What is the Ownership and Shareholding Structure of Akshay Buildprop?
In 2023, Akshay Buildprop 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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Virat Vishwa Global FoundationSavan Viswanath is a mutual person
Charges (Loans)
₹6.00 Cr
₹26.11 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Standard Chartered Bank | ₹6.00 Cr | Open |
| 31 Aug 2021 | Standard Chartered Bank | ₹1.50 Cr | Satisfied |
| 30 May 2019 | Standard Chartered Bank | ₹7.39 Cr | Satisfied |
| 31 Oct 2017 | Others | ₹7.52 Cr | Satisfied |
| 19 Aug 2015 | The Karnataka Bank Limited | ₹5.00 M | Satisfied |
How Many Employees Work at Akshay Buildprop?
Akshay Buildprop has a workforce of 3 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akshay Buildprop, 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 Akshay Buildprop'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.
