Akshar Realty Assets Private Limited
About Akshar Realty Assets Private Limited
Data last updated:
Akshar Realty Assets Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 19 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2010PTC201046. Its GSTIN is 27AADCN2267Q1ZW (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Neetnav Properties Private Limited. It is led by directors including Shivaram Kumar and Kanti Jivraj Gala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No.4 & 5 Rizvi House 34 Hill Road Bandra (West), Mumbai, Maharashtra, India – 400050.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akshar Realty Assets Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.4 & 5 Rizvi House 34 Hill Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Akshar Realty Assets Private Limited, buy the company report.
- 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
Business activity
The main business activity of Akshar Realty Assets is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Akshar Realty Assets Private Limited, buy the company report.
Financials of Akshar Realty Assets Private Limited
FY 2025 filings availableAkshar Realty Assets Private Limited reported revenue of ₹1,271 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 78% over five years. 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
| 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
| 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 | |||||
To see the full financial statements and ratios of Akshar Realty Assets Private Limited, buy the company report.
Board of directors of Akshar Realty Assets Private Limited
Akshar Realty Assets has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivaram Kumar Also directs: Kna Marketing India Private Limited | Director | 09 Feb 2022 | 4 Years 8 Months | Current |
| Kanti Jivraj Gala Also directs: Gala Marketing India Private Limited | Director | 09 Feb 2022 | 4 Years 8 Months | Current |
| Ajay Ajit Tanna Also directs: O E Servis LLP, Jaya Foreign Exchange Bureau Private Limited | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
| Arvind Vasanji Shah | Director | 14 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Akshar Realty Assets Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Starlite Developers Private Limited | ₹1,319 (FY 2022) | Kolkata, West Bengal, India | ||||
| Priority Vyapaar Private Limited | ₹1,317 (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Pranesh Properties Private Limited | ₹1,310 (FY 2025) | Hosur, Tamil Nadu, India | ||||
| Varundhwaj Builders & Developers Private Limited | ₹1,300 (FY 2025) | -100.0% | Bhikangaon, Madhya Pradesh, India | |||
| Landbrokes Real Estate Private Limited | ₹1,276 (FY 2025) | 8.0% | Jalandhar, Punjab, India | |||
| Akshar Realty Assets Private Limitedthis company | ₹1,271 (FY 2024) | -100.0% | Mumbai, Maharashtra, India | |||
| Crescent Infrastructure Group Private Limited | ₹1,226 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Himachal Vintrade Private Limited | ₹1,224 (FY 2025) | 178.0% | Kolkata, West Bengal, India | |||
| Goverdhan Realtech Private Limited | ₹1,202 (FY 2025) | Gurugram, Haryana, India | ||||
| U.K.Developers Pvt Ltd | ₹1,200 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Gagan Apartments Private Limited | ₹1,200 (FY 2022) | -97.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Akshar Realty Assets Private Limited, buy the company report.
Auditor
Akshar Realty Assets Private Limited is audited by UKG & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UKG & Associates | FY 2017 | 123393W |
Shareholding
The shareholding of Akshar Realty Assets Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Akshar Realty Assets Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshar Realty Assets Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshar Realty Assets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshar Realty Assets has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN2267Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshar Realty Assets Private Limited, buy the company report.
Recent activity
Akshar Realty Assets Private Limited has 8 board changes on record since 2010: 4 appointments and 4 cessations. The latest: Kanti Jivraj Gala was appointed as Director on 09 Feb 2022.
Frequently asked questions
Akshar Realty Assets is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 19 March 2010 (16+ years old) and is registered under CIN U45200MH2010PTC201046.
Akshar Realty Assets has 4 current directors:
- Shivaram Kumar - Director
- Kanti Jivraj Gala - Director
- Ajay Ajit Tanna - Director
- Arvind Vasanji Shah - Director
The latest financial statements of Akshar Realty Assets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshar Realty Assets is 27AADCN2267Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Akshar Realty Assets is U45200MH2010PTC201046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Realty Assets was incorporated on 19 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Akshar Realty Assets by revenue are Starlite Developers Private Limited, Priority Vyapaar Private Limited, Pranesh Properties Private Limited, Varundhwaj Builders & Developers Private Limited, Landbrokes Real Estate Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Kanti Jivraj Gala was appointed as Director on 09 Feb 2022. Shivaram Kumar was appointed as Director on 09 Feb 2022. Akshay Arvind Shah ceased to be Director on 08 Feb 2022. Akshar Realty Assets has 8 board changes on record in total.
The registered office of Akshar Realty Assets is at Shop No.4 & 5 Rizvi House 34 Hill Road Bandra West, Mumbai, Maharashtra, India – 400050.
Akshar Realty Assets operates in the real estate industry, in the real estate leasing segment.
The compliance status of Akshar Realty Assets is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.