
Akash Desai Developers Private Limited
About Akash Desai Developers Private Limited
Data last updated:
Akash Desai Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 10 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1997PTC031860.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sharad Kikubhai Desai (Managing Director) and Vasantiben Sharad Desai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 36 Harisiddh Chambers1St Floor Ashram Road, Ahmedabad, Gujarat, India – 380009.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address36 Harisiddh Chambers1St Floor Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryTravel and Hospitality, Consumer Professional Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Akash Desai Developers Private Limited
The main business activity of Akash Desai Developers is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akash Desai Developers Private Limited FY 2024 filings available
Akash Desai Developers Private Limited reported revenue of ₹2,500 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Akash Desai Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 99% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Akash Desai Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Akash Desai Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akash Desai Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akash Desai Developers Private Limited
Akash Desai Developers Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Craftedlinesglobal Private Limited | ₹2,779 (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| I2g Global Entrepreneurs Private Limited | ₹2,775 (FY 2024) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Afterio Interior Private Limited | ₹2,650 (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Titan Immigration Private Limited | ₹2,628 (FY 2018) | •••• | •••• | -98.0% | •••• | Hyderabad, Telangana, India |
| Akash Desai Developers Private Limited this company | ₹2,500 (FY 2024) | •••• | •••• | -99.0% | •••• | Ahmedabad, Gujarat, India |
| First Gen Trusteeship Services Private Limited | ₹2,500 (FY 2024) | •••• | •••• | -90.0% | •••• | Indore, Madhya Pradesh, India |
| Oeq Certification Private Limited | ₹2,500 (FY 2025) | •••• | •••• | •••• | South 24 Parganas, West Bengal, India | |
| Dhanuka Professional Services Pvt. Ltd. | ₹2,500 (FY 2025) | •••• | •••• | -58.0% | •••• | Kolkata, West Bengal, India |
| Colours and Hues Private Limited | ₹2,477 (FY 2020) | •••• | •••• | -82.0% | •••• | Noida, Uttar Pradesh, India |
| GMK Global Private Limited | ₹2,420 (FY 2024) | •••• | •••• | -100.0% | •••• | Thane, Maharashtra, India |
| General Globaltechnologies Private Limited | ₹2,390 (FY 2025) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Akash Desai Developers by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akash Desai Developers Private Limited
Akash Desai Developers Private Limited is audited by Ashwin H. Shah & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashwin H. Shah & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akash Desai Developers Private Limited
Akash Desai Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantiben Sharad Desai | Director | 10 Mar 1997 | 29 Years 7 Months | Current |
| Sharad Kikubhai Desai | Managing Director | 10 Mar 1997 | 29 Years 7 Months | Current |
| Akash Sharadbhai Desai Also directs: Inklings Education Foundation | Director | 10 Mar 1997 | 29 Years 7 Months | Current |
Ownership and Shareholding of Akash Desai Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akash Desai Developers Private Limited
Akash Desai Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akash Desai Developers Private Limited
Employment history and EPFO contributions of people linked to Akash Desai Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akash Desai Developers Private Limited
Akash Desai Developers Private Limited has 3 board changes on record since 1997: 3 appointments. The latest: Akash Sharadbhai Desai was appointed as Director on 10 Mar 1997.
Credit Ratings, Litigation & Regulatory Alerts for Akash Desai Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akash Desai Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akash Desai Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akash Desai Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akash Desai Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akash Desai Developers Private Limited
Akash Desai Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 10 March 1997 (29+ years old) and is registered under CIN U45201GJ1997PTC031860.
Akash Desai Developers has 3 current directors:
- Sharad Kikubhai Desai - Managing Director
- Vasantiben Sharad Desai - Director
- Akash Sharadbhai Desai - Director
The CIN (Corporate Identification Number) of Akash Desai Developers is U45201GJ1997PTC031860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akash Desai Developers was incorporated on 10 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Akash Desai Developers by revenue are Craftedlinesglobal Private Limited, I2g Global Entrepreneurs Private Limited, Afterio Interior Private Limited, Titan Immigration Private Limited, First Gen Trusteeship Services Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Akash Sharadbhai Desai was appointed as Director on 10 Mar 1997. Sharad Kikubhai Desai was appointed as Managing Director on 10 Mar 1997. Vasantiben Sharad Desai was appointed as Director on 10 Mar 1997.
The registered office of Akash Desai Developers is at 36 Harisiddh Chambers1St Floor Ashram Road, Ahmedabad, Gujarat, India – 380009.
Akash Desai Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Akash Desai Developers operates in the travel and hospitality industry, in the consumer professional services segment.
No. Akash Desai Developers is not listed on any stock exchange. It is an unlisted company.
The compliance status of Akash Desai Developers is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.