Klassic Acres Private Limited
About Klassic Acres Private Limited
Data last updated:
Klassic Acres Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 03 September 1987.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U04520KA1987PTC008570. Its GSTIN is 29AAACK6954C1ZH (Karnataka).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.52 Lakh. It was led by directors including Shruti Agarwal and Alka Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at No.54 Lavelle Roadbangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹59.88 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹31.04 Lakh (net margin 51.8%) and EBITDA of ₹50.14 Lakh (EBITDA margin 83.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
Company details
Contact details
Klassic Acres Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.54 Lavelle Roadbangalore, Karnataka, India – 560001
- IndustryFinancial Services, Financial Brokerage, Consultancy, Advisory
To see the full contact details of Klassic Acres 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
Financials of Klassic Acres Private Limited
FY 2022 filings availableKlassic Acres Private Limited reported revenue of ₹59.88 Lakh (down 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 41% 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
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| EBITDA | ₹50.14 Lakh | ||||
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| Net Profit (PAT) | ₹31.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 83.7% | ||||
| Net Profit Margin | 51.8% | ||||
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To see the full financial statements and ratios of Klassic Acres Private Limited, buy the company report.
Board of directors of Klassic Acres Private Limited
Klassic Acres has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shruti Agarwal | Director | 14 Feb 2010 | 16 Years 8 Months | As last reported |
| Alka Agarwal | Director | 23 Aug 1991 | 35 Years 2 Months | As last reported |
| Alok Agarwal | Director | 12 Aug 2003 | 23 Years 2 Months | As last reported |
Auditor
Klassic Acres Private Limited is audited by P. K. RUNGTA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. RUNGTA & CO | FY 2017 | 003498S |
Shareholding
The shareholding of Klassic Acres 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 Klassic Acres Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Klassic Acres 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 Klassic Acres Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Klassic Acres has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK6954C1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Klassic Acres Private Limited, buy the company report.
Recent activity
Klassic Acres Private Limited has 5 board changes on record since 1991: 3 appointments and 2 cessations. The latest: Arunkumar Agarwal ceased to be Director on 26 Mar 2013.
Frequently asked questions
Klassic Acres has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Klassic Acres was a private limited company based in Bangalore, Karnataka, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 03 September 1987 and is registered under CIN U04520KA1987PTC008570. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Klassic Acres is U04520KA1987PTC008570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Klassic Acres had 3 directors:
- Shruti Agarwal - Director
- Alka Agarwal - Director
- Alok Agarwal - Director
Klassic Acres was incorporated on 03 September 1987. It is registered with the Registrar of Companies, Bangalore.
The registered office of Klassic Acres is at No.54 Lavelle Roadbangalore, Karnataka, India – 560001.
The latest financial statements of Klassic Acres on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Klassic Acres is 29AAACK6954C1ZH, registered in Karnataka.
Klassic Acres operated in the financial services industry, in the financial brokerage segment.
Arunkumar Agarwal ceased to be Director on 26 Mar 2013. Shruti Agarwal was appointed as Director on 14 Feb 2010. Sudarshan Agarwal ceased to be Director on 10 Feb 2010. Klassic Acres has 5 board changes on record in total.