Akonsa Earth Ventures Private Limited

Akonsa Earth Ventures Private Limited - information technology in Bellary, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2021PTC154078 Incorporated 09 November 2021 ROC Bangalore HQ Bellary, Karnataka, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Revenue · FY 2024
₹96,660
▼ 54% YoY
Net loss · FY 2024
₹81,799
Net margin -84.6%
EBITDA · FY 2024
-₹81,799
EBITDA margin -84.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Akonsa Earth Ventures Private Limited

Data last updated:

Akonsa Earth Ventures Private Limited is a private limited company based in Bellary, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 November 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC154078.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kosgimatha Swamy Maheshwar and Satish Chandrakant Munje.

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 Mig 4 Khb Colony Moka Road Near Gandhi Nagar, Bellary, Karnataka, India – 583103.

As per the financials filed for FY 2024, the company reported a revenue of ₹96,660, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹81,799 (net margin -84.6%) and EBITDA of -₹81,799 (EBITDA margin -84.6%).

Akonsa Earth Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0014798).

Company details

CIN U72900KA2021PTC154078
Registration Number 154078
Incorporation Date 09 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-05-0014798

Recognitions & Rankings of Akonsa Earth Ventures

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-05-0014798

Contact details

Akonsa Earth Ventures Private Limited's registered office is in Bellary, Karnataka. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Mig 4 Khb Colony Moka Road Near Gandhi Nagar, Bellary, Karnataka, India – 583103
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Akonsa Earth Ventures Private Limited, buy the company report.

Comprehensive company report
Akonsa Earth Ventures Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Akonsa Earth Ventures is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of Akonsa Earth Ventures Private Limited, buy the company report.

Financials of Akonsa Earth Ventures Private Limited

FY 2024 filings available

Akonsa Earth Ventures Private Limited reported revenue of ₹96,660 (down 54% YoY) for FY 2024.

Revenue · FY 2024
₹96,660 ▼ 54%
Net loss · FY 2024
₹81,799 margin -84.6%
EBITDA · FY 2024
-₹81,799 margin -84.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 54%
EBITDA CAGR growth
1 year
▼ 677%

Revenue fell 54% in the latest year. EBITDA fell 677% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹81,799
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹81,799
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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-84.6%
Net Profit Margin-84.6%
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

To see the full financial statements and ratios of Akonsa Earth Ventures Private Limited, buy the company report.

Board of directors of Akonsa Earth Ventures Private Limited

Akonsa Earth Ventures has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kosgimatha Swamy MaheshwarDirector09 Nov 20215 Years 0 MonthsCurrent
Satish Chandrakant MunjeDirector09 Nov 20215 Years 0 MonthsCurrent
Anshul Anand SavantDirector14 May 20224 Years 5 MonthsCurrent

Peer comparison

Akonsa Earth Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hoorecon It-Sys Private Limited₹97,500 (FY 2023)-72.0%Chennai, Tamil Nadu, India
Astrotech India Private Limited₹97,403 (FY 2025)8.0%Nagpur, Maharashtra, India
Equinox Bizz Solutions (OPC) Private Limited₹97,300 (FY 2023)-93.0%Kolkata, West Bengal, India
Liyard Software Private Limited₹97,103 (FY 2022)-62.0%New Delhi, Delhi, India
Valsyne Technologies Private Limited₹97,000 (FY 2019)Bangalore, Karnataka, India
Akonsa Earth Ventures Private Limitedthis company₹96,660 (FY 2024)-₹81,799-84.6%-54.0%Bellary, Karnataka, India
Tag Hospitality Solutions Private Limited₹96,648 (FY 2018)-56.0%Bangalore, Karnataka, India
Nyaya Kara Esolutions Private Limited₹96,504 (FY 2023)Chennai, Tamil Nadu, India
Visual Computer Engineers India Private Limited₹96,290 (FY 2025)25.0%Hooghly, West Bengal, India
Agsmartic Technologies Private Limited₹96,267 (FY 2023)-94.0%Noida, Uttar Pradesh, India
Syidrive Private Limited₹96,038 (FY 2020)Bangalore, Karnataka, India

To see the full peer comparison of Akonsa Earth Ventures Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Akonsa Earth Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Akonsa Earth Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Akonsa Earth Ventures Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Anshul Anand Savant ceased to be Additional Director on 30 Sep 2022.

AGM
Akonsa Earth Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Akonsa Earth Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Anshul Anand Savant ceased to be Additional Director.
Appointed
Anshul Anand Savant was appointed as Director.
Appointed
Kosgimatha Swamy Maheshwar was appointed as Director.
Appointed
Satish Chandrakant Munje was appointed as Director.
Incorporation
09 Nov 2021
Akonsa Earth Ventures Private Limited was registered on 09 Nov 2021 with Roc Bangalore & aged 5 years 3 days as per MCA records.

Frequently asked questions

Akonsa Earth Ventures is an active private limited company based in Bellary, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 November 2021 (5+ years old) and is registered under CIN U72900KA2021PTC154078.

Akonsa Earth Ventures has 3 current directors:

The latest financial statements of Akonsa Earth Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Akonsa Earth Ventures is U72900KA2021PTC154078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Akonsa Earth Ventures was incorporated on 09 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Akonsa Earth Ventures by revenue are Hoorecon It-Sys Private Limited, Astrotech India Private Limited, Equinox Bizz Solutions (OPC) Private Limited, Liyard Software Private Limited, Valsyne Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).

Anshul Anand Savant ceased to be Additional Director on 30 Sep 2022. Anshul Anand Savant was appointed as Director on 14 May 2022. Kosgimatha Swamy Maheshwar was appointed as Director on 09 Nov 2021. Akonsa Earth Ventures has 4 board changes on record in total.

Yes, Akonsa Earth Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Akonsa Earth Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-05-0014798).

The registered office of Akonsa Earth Ventures is at Mig 4 Khb Colony Moka Road Near Gandhi Nagar, Bellary, Karnataka, India – 583103.

Akonsa Earth Ventures operates in the information technology industry, in the application development and software solutions segment.