Aakaar Buildestate Private Limited
About Aakaar Buildestate Private Limited
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Aakaar Buildestate Private Limited was a private limited company based in Nathdwara, Rajasthan, India, operated as a subsidiary of Miraj Developers Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 December 2009.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U45201RJ2009PTC030579.
The company had an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It was led by directors including Suresh Kumar Patra and Mahesh Kumar Somani.
Its last annual general meeting (AGM) was held on 11 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1st Floor Miraj Campus Uper Ki Oden, Nathdwara, Rajasthan, India – 313301.
As per the financials filed for FY 2023, the company reported a revenue of ₹27,534, a growth of 140% compared to the previous year. For the same year it recorded a net loss of ₹71,169 (net margin -258.5%) and EBITDA of -₹46,507 (EBITDA margin -168.9%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 50% over five years.
The company has 2 deals on record (2 secondary share transfers); the latest was in June 2014. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Jagmata Vanijya Private Limited with revenue of ₹27,633.
Company details
Contact details
Aakaar Buildestate Private Limited's registered office is in Nathdwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Miraj Campus Uper Ki Oden, Nathdwara, Rajasthan, India – 313301
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aakaar Buildestate 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 Aakaar Buildestate Private Limited
FY 2023 filings availableAakaar Buildestate Private Limited reported revenue of ₹27,534 (up 140% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 140% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 38% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹46,507 | ||||
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| Net Profit (PAT) | -₹71,169 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -168.9% | ||||
| Net Profit Margin | -258.5% | ||||
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To see the full financial statements and ratios of Aakaar Buildestate Private Limited, buy the company report.
Board of directors of Aakaar Buildestate Private Limited
Aakaar Buildestate has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Patra Also directs: Miraj Aviation Private Limited | Director | 17 May 2023 | 3 Years 5 Months | As last reported |
| Mahesh Kumar Somani Also directs: Miraj Developers Limited, Miraj Projects Private Limited, Miraj Hotels Private Limited and 2 more | Director | 01 Apr 2022 | 4 Years 7 Months | As last reported |
| Madan Lal Paliwal Also directs: Shakuntala Synthetics Private Limited, Miraj Developers Limited, Miraj Realcon Private Limited and 1 more | Director | 04 Jul 2013 | 13 Years 4 Months | As last reported |
Peer comparison
Aakaar Buildestate Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagmata Vanijya Private Limited | ₹27,633 (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Avancer Infrasolution Private Limited | ₹27,618 (FY 2022) | -96.0% | Delhi, India | |||
| Nova Housing and Land Development Private Limited | ₹27,600 (FY 2024) | 33.0% | New Delhi, Delhi, India | |||
| Swaroop Infraelect Privare Limited | ₹27,559 (FY 2024) | -100.0% | Mumbai, Maharashtra, India | |||
| Dhrti Management Private Limited | ₹27,556 (FY 2024) | -72.0% | Noida, Uttar Pradesh, India | |||
| Aakaar Buildestate Private Limitedthis company | ₹27,534 (FY 2023) | -₹71,169 | -258.5% | 140.0% | Nathdwara, Rajasthan, India | |
| Alice Builders Private Limited | ₹27,532 (FY 2016) | -2.0% | New Delhi, Delhi, India | |||
| Laxmi Balani Constructions Private Limited | ₹27,530 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Subhvani Sales Private Limited | ₹27,519 (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Amaravathi Engineers and Contractors Private Limited | ₹27,503 (FY 2024) | -99.0% | Guntur, Andhra Pradesh, India | |||
| Shivam Jewellers Private Limited | ₹27,500 (FY 2024) | -100.0% | Delhi, India |
To see the full peer comparison of Aakaar Buildestate Private Limited, buy the company report.
Auditor
Aakaar Buildestate Private Limited is audited by ABHISHEK GELRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK GELRA & ASSOCIATES | FY 2020 | 021265C |
Shareholding
The shareholding of Aakaar Buildestate Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aakaar Buildestate Private Limited, buy the company report.
Deals & funding
Aakaar Buildestate Private Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: Miraj Developers Limited Seller: 4 individuals |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aakaar Buildestate 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 Aakaar Buildestate 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 Aakaar Buildestate Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aakaar Buildestate Private Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Suresh Kumar Patra ceased to be Additional Director on 10 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Aakaar Buildestate has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aakaar Buildestate was a private limited company based in Nathdwara, Rajasthan, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 December 2009 and is registered under CIN U45201RJ2009PTC030579. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aakaar Buildestate was incorporated on 23 December 2009. It is registered with the Registrar of Companies, Jaipur.
Aakaar Buildestate had 3 directors:
- Suresh Kumar Patra - Director
- Mahesh Kumar Somani - Director
- Madan Lal Paliwal - Director
The CIN (Corporate Identification Number) of Aakaar Buildestate is U45201RJ2009PTC030579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aakaar Buildestate is at 1st Floor Miraj Campus Uper Ki Oden, Nathdwara, Rajasthan, India – 313301.
The latest financial statements of Aakaar Buildestate on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 September 2023. Year-wise statements from 2015 are in the company report.
Aakaar Buildestate operated in the real estate and construction industry, in the real estate builders and developers segment.
Aakaar Buildestate has 2 deals on record (2 secondary share transfers); the latest was in June 2014.
The peers of Aakaar Buildestate by revenue are Jagmata Vanijya Private Limited, Avancer Infrasolution Private Limited, Nova Housing and Land Development Private Limited, Swaroop Infraelect Privare Limited, Dhrti Management Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Suresh Kumar Patra ceased to be Additional Director on 10 Sep 2023. Suresh Kumar Patra was appointed as Director on 17 May 2023. Mahesh Kumar Somani ceased to be Additional Director on 29 Aug 2022. Aakaar Buildestate has 15 board changes on record in total.
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