Aakar Ventures Private Limited
About Aakar Ventures Private Limited
Data last updated:
Aakar Ventures Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 20 December 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U70100TN2011PTC083668. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Met Properties Private Limited.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Shiv Mishri Kripa No. 14 Csi Church Street Kundrathur Road Porur, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2019, the company reported a revenue of ₹15.41 Lakh. For the same year it recorded a net loss of ₹2.92 Lakh (net margin -18.9%) and EBITDA of ₹4.66 Lakh (EBITDA margin 30.2%). Revenue has grown at a compounded annual rate (CAGR) of 295% over three years.
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- Registered AddressShiv Mishri Kripa No. 14 Csi Church Street Kundrathur Road Porur, Chennai, Tamil Nadu, India – 600116
- IndustryReal Estate and Construction, Real Estate Brokerage & 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 Aakar Ventures Private Limited
The main business activity of Aakar Ventures is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Aakar Ventures Private Limited FY 2019 filings available
Aakar Ventures Private Limited reported revenue of ₹15.41 Lakh for FY 2019.
Compounded Annual Growth Rate (CAGR) of Aakar Ventures Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 295% over three years. EBITDA rose 118% 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 Aakar Ventures Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| 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 | ₹4.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.92 Lakh | •••• | •••• | •••• | •••• |
| 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 Aakar Ventures Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.9% | •••• | •••• | •••• | •••• |
| 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 Aakar Ventures 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 Aakar Ventures Private Limited
Aakar Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Real Estate Brokerage). Its own revenue is ₹15.41 Lakh.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vibrantpeak Ventures Private Limited | ₹15.74 Lakh | ₹7.34 Lakh | 47% | -13% | Ghaziabad, Uttar Pradesh, India | |
| PH Property Helpline Private Limited | ₹15.69 Lakh | ₹80,282 | 5% | -20% | Mumbai, Maharashtra, India | |
| Zorba Tradex Private Limited | ₹15.65 Lakh | ₹9.08 Lakh | 58% | +30% | Delhi, India | |
| BMR Properties Private Limited | ₹15.63 Lakh | ₹2.52 Lakh | 16% | -21% | New, Delhi, India | |
| Jainco Limited | ₹15.55 Lakh | ₹5.34 Lakh | 34% | +1% | Delhi, India | |
| Aakar Ventures Private Limited this company | ₹15.41 Lakh | ₹2.92 Lakh | -18.9% | Chennai, Tamil Nadu, India | ||
| Times Reality Housine Private Limited | ₹15.36 Lakh | ₹26,325 | 2% | +15% | Haveli, Maharashtra, India | |
| Smartvision Infracon Private Limited | ₹15.02 Lakh | ₹1.41 Lakh | 9% | -12% | Mathura, Uttar Pradesh, India | |
| Umts Consulting Services Private Limited | ₹15 Lakh | ₹2.14 Lakh | 14% | +2% | Gurgaon, Haryana, India | |
| Earth Matrix Realty Private Limited | ₹14.98 Lakh | ₹2.75 Lakh | 18% | +5% | Noida, Uttar Pradesh, India | |
| Sungold Villa Private Limited | ₹14.95 Lakh | ₹5.07 Lakh | 34% | +5% | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Aakar Ventures by revenue in the Consumer Services industry (Real Estate Brokerage), from the latest filed financials of each company. Figures are as filed with the Ministry of Corporate Affairs or the stock exchanges.
Auditor Details of Aakar Ventures Private Limited
Aakar Ventures Private Limited is audited by S KISHORE KUMAR & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S KISHORE KUMAR & 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 Aakar Ventures Private Limited
Aakar Ventures has 5 former directors on record and no current directors listed.
Ownership and Shareholding of Aakar Ventures 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 Aakar Ventures Private Limited
Aakar Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Aakar Ventures Private Limited
Employment history and EPFO contributions of people linked to Aakar Ventures.
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 Aakar Ventures Private Limited
Aakar Ventures Private Limited has 5 board changes on record since 2018: 0 appointments and 5 cessations. The latest: Mahaveer Chand Padam Kankaria ceased to be Director on 10 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Aakar Ventures 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 Aakar Ventures 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 Aakar Ventures 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 Aakar Ventures Private Limited
Aakar Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Aakar Ventures 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 Aakar Ventures Private Limited
Aakar Ventures 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.
Aakar Ventures was a private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 20 December 2011 and is registered under CIN U70100TN2011PTC083668. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Aakar Ventures is U70100TN2011PTC083668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakar Ventures was incorporated on 20 December 2011. It is registered with the Registrar of Companies, Chennai.
The registered office of Aakar Ventures is at Shiv Mishri Kripa No. 14 Csi Church Street Kundrathur Road Porur, Chennai, Tamil Nadu, India – 600116.
Aakar Ventures reported revenue of ₹15.41 Lakh for FY 2019.
Aakar Ventures has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh.
Aakar Ventures reported a net loss of ₹2.92 Lakh (net margin -18.9%) and EBITDA of ₹4.66 Lakh (EBITDA margin 30.2%) for FY 2019, as per its filed financial statements.
No. Aakar Ventures has 1 GST registration on record and it is cancelled or inactive.
Aakar Ventures operated in the real estate and construction industry, in the real estate brokerage and services segment.
The compounded annual growth rate (CAGR) of the revenue of Aakar Ventures is 295% over three years. CAGR is the steady yearly rate that links the first and the last year.