Akshaya Private Limited

Real estate development company with ongoing residential and commercial projects in multiple cities.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 17, 2025

Akshaya Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 36.33 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 285.93 Cr
  • Satisfied Charges ₹ 1,008.44 Cr
  • Revenue Growth 7.17%
  • Profit Growth -6.33%
  • Ebitda 27.04%
  • Net Worth -458.66%
  • Total Assets -6.47%

About Akshaya

Akshaya Private Limited (APL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 2005 and has a history of 19 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Akshaya Homes 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 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 36.33 Cr.

The company currently has active open charges totaling ₹285.93 Cr. The company has closed loans amounting to ₹1,008.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Akshaya Private Limited India is Manish Khandelwal as COMPANY SECRETARY. Thangappan Chittybabu and Ravi Janakiram serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200TN2005PTC055753

  • Company No.

    055753

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2005

  • Date of AGM

    11 Jul 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

What products or services does Akshaya Private Limited offer?

Akshaya Private Limited offers a wide range of products and services, including Residential Property, Residential Flats, Building & Real Estate Developers, Construction Service, Real Estate Services, Residential Property Rentals, Serviced Apartments, Architectural Designing Services, Residential Building Designing, Kite and Accessories.

Who are the key members and board of directors at Akshaya?

Executive Team (2)

NameDesignationAppointment DateStatus
Thangappan Chittybabu Country flag representing In Managing Director23-Mar-2005Current
Manish Khandelwal Company Secretary01-Sep-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Ravi Janakiram Country flag representing In Director 01-Jan-2007Current

Financial Performance of Akshaya.

Akshaya Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.17% increase. The company also saw a slight decrease in profitability, with a 6.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 458.66%.

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
7.17%
Revenue from Operations
0.15%
Total Assets
-6.47%
Profit or Loss
-6.33%
Net Worth
-458.66%
EBITDA
27.04%

What is the Ownership and Shareholding Structure of Akshaya?

In 2023, Akshaya had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹285.93 Cr

Satisfied Charges

₹1,008.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 285.93 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2022Others₹12.43 CrOpen
07 Oct 2021Others₹24.50 CrOpen
16 Apr 2019Others₹60.00 CrOpen
22 Feb 2019Others₹129.00 CrOpen
21 May 2018Others₹60.00 CrOpen

How Many Employees Work at Akshaya?

Akshaya has a workforce of 27 employees as of Jan 17, 2025. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshaya, 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'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 Akshaya

Recent activity within the organization

  • Annual General Meeting

    Akshaya Private Limited last Annual general meeting of members was held on 11 Jul 2024 as per latest MCA records.

    11 Jul 2024

  • Charges

    A charge with Others of Rs. 129.00 Cr registered on 22 Feb 2019 with Charge ID 100256167 was modified on 07 Jun 2024.

    07 Jun 2024

  • Charges

    A charge registered on 05 Apr 2018 via Charge ID 100177766 with Others was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 21 May 2018 with Charge ID 100204555 was modified on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Akshaya Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Manish Khandelwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Akshaya Private Limited was incorporated on 23 Mar 2005.

  • The authorized share capital of Akshaya Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 36.33 Cr.

  • Currently 3 directors are associated with Akshaya Private Limited.

    • Thangappan Chittybabu
    • Ravi Janakiram
    • Manish Khandelwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshaya Private Limited is 7Th Floor 117/1, Lb Road Adyar India, Chennai, Tamil Nadu, 600020.

  • The corporate identification number (CIN) of Akshaya Private Limited is U45200TN2005PTC055753 and the company number is 055753 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akshaya Private Limited is https://www.akshaya.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshaya Private Limited has risen by 7.17%.

  • As Per 2023 financial reports, 27 employees are currently employed by Akshaya Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshaya Private Limited has experienced an downturn of -458.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshaya Private Limited amount to ₹ 285.93 Cr.

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

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