Akshaya Foundations Private Limited
Constructs residential units for families, established in 2011 with headquarters in Chennai, Tamil Nadu.
2011 | Chennai, Tamil Nadu (India) | Active
Akshaya Foundations Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.95 M
- Revenue Growth 30.98%
- Profit Growth 17.70%
- Ebitda 2.46%
- Net Worth 11.94%
- Total Assets -58.38%
About Akshaya Foundations
Akshaya Foundations Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2011 and has a history of 13 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Akshaya Property Developers (Chennai) Private Limited. 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 ₹4.95 M.
Kumarasamy Sakthivel and Prema Sakthivel serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U70200TN2011PTC079553
- Company No.
079553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Mar 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Real Estate and Construction
Who are the key members and board of directors at Akshaya Foundations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumarasamy Sakthivel  | Managing Director | 09-Mar-2011 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prema Sakthivel | Director | 09-Mar-2011 | Current |
Financial Performance of Akshaya Foundations.
Akshaya Foundations Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 30.98% increase. The company also saw a substantial improvement in profitability, with a 17.7% increase in profit. The company's net worth Soared by an impressive increase of 11.94%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Akshaya Foundations?
In 2020, Akshaya Foundations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹4.95 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Karur Vysya Bank : 0.25 Cr
- The Karur Vysya Bank Ltd : 0.18 Cr
- Others : 0.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2020 | Others | ₹0.65 M | Open |
| 22 May 2015 | The Karur Vysya Bank Ltd | ₹1.80 M | Open |
| 07 Apr 2014 | Karur Vysya Bank | ₹2.50 M | Open |
How Many Employees Work at Akshaya Foundations?
Unlock and access historical data on people associated with Akshaya Foundations, 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 Akshaya Foundations, 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 Akshaya Foundations'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.
Latest Updates, News, and FAQs on Akshaya Foundations
Recent activity within the organization
- Annual General Meeting
Akshaya Foundations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akshaya Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 0.65 M with Charge ID 100354195 was registered on 04 Jun 2020.
- Charges
A charge with The Karur Vysya Bank Ltd amounted to Rs. 1.80 M with Charge ID 10576067 was registered on 22 May 2015.
- Charges
A charge with Karur Vysya Bank amounted to Rs. 2.50 M with Charge ID 10516301 was registered on 07 Apr 2014.
- Director Appointment
Kumarasamy Sakthivel was appointed as a Managing Director was appointed as a Managing Director on 09 Mar 2011 & has been associated with this company since 13 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Akshaya Foundations Private Limited?
Akshaya Foundations Private Limited was incorporated on 09 Mar 2011.
What is authorized share capital and paid-up capital of Akshaya Foundations Private Limited?
The authorized share capital of Akshaya Foundations Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Akshaya Foundations Private Limited?
Currently 2 directors are associated with Akshaya Foundations Private Limited.
- Kumarasamy Sakthivel
- Prema Sakthivel
What is the registered address of Akshaya Foundations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akshaya Foundations Private Limited is Flat No.3 Omega Enclave Old No.112/2-L New No.6 Karaneeswarar Koil Street, Mylapore India, Chennai, Tamil Nadu, 600004.
What is the corporate identification number (CIN) and company number of Akshaya Foundations Private Limited?
The corporate identification number (CIN) of Akshaya Foundations Private Limited is U70200TN2011PTC079553 and the company number is 079553 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Akshaya Foundations Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Akshaya Foundations Private Limited has risen by 30.98%.
What change has been observed in the net worth of Akshaya Foundations Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Akshaya Foundations Private Limited has experienced an upsurge of 11.94%.
What are the total open charges for Akshaya Foundations Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Akshaya Foundations Private Limited amount to ₹ 4.95 M.
When was the last Balance Sheet of Akshaya Foundations Private Limited filed with the ROC?
The most recent Balance Sheet for Akshaya Foundations Private Limited was filed with the ROC on 31 Mar 2024.