About Accord Estates Pvt Ltd
Data last updated:
Accord Estates Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Suraj Estate Developers Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1987PTC044983. Its GSTIN is 27AAACA5100G1ZB (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sujatha R Thomas and Rahul Rajan Jesu Thomas.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 301 3rd Floor Aman Chambers Veer Savarkar Marg Opp. Bengal Chemicals Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.02 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹6.92 Cr (net margin 38.4%) and EBITDA of ₹31.09 Cr (EBITDA margin 172.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
The company has about 14 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Suraj Estate Developers. As per MCA filings, the company has open charges of ₹126.8 Cr and satisfied charges of ₹1,056.62 Cr on record. Court records list 18 cases involving the company, including 5 filed by the company and 10 filed against it; 5 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹77.35 Cr; the latest was in March 2024. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is KBPL Infrastructure Private Limited. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surajestate.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address301 3rd Floor Aman Chambers Veer Savarkar Marg Opp. Bengal Chemicals Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Accord Estates Pvt Ltd
The main business activity of Accord Estates 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 Accord Estates Pvt Ltd FY 2025 filings available
Accord Estates Pvt Ltd reported revenue of ₹18.02 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Accord Estates Pvt Ltd
Revenue rose 72% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 527% 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 Accord Estates Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹31.09 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.92 Cr | •••• | •••• | •••• | •••• |
| 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 Accord Estates Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 172.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 38.4% | •••• | •••• | •••• | •••• |
| 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 Accord Estates 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 Accord Estates Pvt Ltd
Accord Estates Pvt Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KBPL Infrastructure Private Limited | •••• | •••• | •••• | •••• | 16 | Delhi, India |
| Accurate Techno Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hisar, Haryana, India |
| Madhumita Construction Pvt Ltd | •••• | •••• | •••• | •••• | 25 | Kol, West Bengal, India |
| Aniruddhsinh Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Greenearth Infraventures Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Accord Estates Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Tarc Projects Limited | •••• | •••• | •••• | •••• | 167 | New Delhi, Delhi, India |
| Cubatic-Shimul Ventures Private Limited | •••• | •••• | •••• | •••• | - | Tirumalagiri, Telangana, India |
| Sumeet Infracon Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Ripss Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| IT Enfraservices Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Accord Estates by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Accord Estates Pvt Ltd
Accord Estates Pvt Ltd is audited by Bhuwania & Agrawal Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bhuwania & Agrawal Associates | 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 Accord Estates Pvt Ltd
Accord Estates 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 |
|---|---|---|---|---|
| Sujatha R Thomas Also directs: Suraj Estate Developers Limited, Uditi Premises Private Limited, Skyline Realty Private Limited and 3 more | Director | 27 Mar 1991 | 35 Years 6 Months | Current |
| Rahul Rajan Jesu Thomas Also directs: Suraj Estate Developers Limited, Uditi Premises Private Limited, Skyline Realty Private Limited and 3 more | Director | 14 Sep 2009 | 17 Years 0 Months | Current |
| Satyendra Shridhar Nayak Also directs: Suraj Estate Developers Limited, Skyline Realty Private Limited | Director | 27 Jan 2022 | 4 Years 8 Months | Current |
| Rajan Meenathakonil Thomas Also directs: Suraj Estate Developers Limited, Uditi Premises Private Limited, Skyline Realty Private Limited and 3 more | Director | 14 Oct 1987 | 38 Years 11 Months | Current |
Ownership and Shareholding of Accord Estates Pvt Ltd
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 Accord Estates Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2025 | Tata Capital Housing Finance Limited | ₹5.5 Cr | Open |
| 20 Aug 2025 | Others | ₹13.3 Cr | Open |
| 09 Jul 2025 | Others | ₹15.5 Cr | Open |
| 09 Jul 2025 | Others | ₹17.5 Cr | Open |
| 09 Jul 2025 | Others | ₹15 Cr | Open |
Total charge records: 39 View all charges
Deals & Funding of Accord Estates Pvt Ltd
Accord Estates Pvt Ltd has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹77.35 Cr; the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Suraj Estate Developers Limited Seller: 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Suraj Estate Developers Limited , 3 individuals Seller: Suraj Estate Developers Limited , 3 individuals |
| Jul 2019 | Debt financing | ₹70.3 Cr | Investors: Iconic Property Developers Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2008 | Funding round | ₹7.05 Cr | Investors: Suraj Estate Developers Limited , 3 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Accord Estates Pvt Ltd
Accord Estates Pvt Ltd has 18 court cases on record: 5 filed by Accord Estates, 10 filed against it, 3 where it is another party. 5 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 7 | 4 |
| District courts | 8 | 3 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SJ) | Filed against the company by Runwal Developers Limited | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by Runwal Developers Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Runwal Developers Limited | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Company is another party | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Accord Estates Pvt Ltd
Accord Estates Pvt Ltd has 8 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Eros Elevators & Escalators Private Limited | •••• | •••• | •••• |
| Monsher Fire Protection Systems Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| A.A. Nayak Constructions Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Accord Estates Pvt Ltd
Accord Estates operates one associated brand: Suraj Estate Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed by Suraj Estate Developers. | surajestate.com |
Employees and EPFO Compliance at Accord Estates Pvt Ltd
Employment history and EPFO contributions of people linked to Accord Estates.
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.
Group Structure of Accord Estates Pvt Ltd
Accord Estates has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Uditi Premises Private Limited | U45201MH2006PTC162723 | Locked |
Showing major subsidiaries. Total: 1.
News related to Accord Estates Pvt Ltd
Recent Activity on Accord Estates Pvt Ltd
Accord Estates Pvt Ltd has 8 board changes on record since 1987: 4 appointments and 4 cessations. The latest: Shivil Kapoor ceased to be Company Secretary on 10 Feb 2025.
79 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Accord Estates Pvt Ltd
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.
Subsidiaries & Group Companies of Accord Estates Pvt Ltd
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 Accord Estates Pvt Ltd
Accord Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA5100G1ZB | Maharashtra | Active | 01 Jul 2017 |
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 Accord Estates Pvt Ltd
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 Accord Estates Pvt Ltd
Accord Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 October 1987 (39+ years old) and is registered under CIN U70100MH1987PTC044983.
Accord Estates reported revenue of ₹18.02 Cr for FY 2025 (up 72% YoY).
Accord Estates has 4 current directors:
- Sujatha R Thomas - Director
- Rahul Rajan Jesu Thomas - Director
- Satyendra Shridhar Nayak - Director
- Rajan Meenathakonil Thomas - Director
Accord Estates reported a net profit of ₹6.92 Cr (net margin 38.4%) and EBITDA of ₹31.09 Cr (EBITDA margin 172.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Accord Estates is -15% over three years and -3% over five years. In the latest year (FY 2025) revenue rose 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Accord Estates is 27AAACA5100G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Accord Estates is U70100MH1987PTC044983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accord Estates has 18 court cases on record: 5 filed by the company and 10 filed against it. 5 are pending. Most are in the high courts.
Accord Estates was incorporated on 14 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Accord Estates has 5 deals on record (3 secondary share transfers, 1 debt financing, 1 funding round), with disclosed funding of ₹77.35 Cr; the latest was in March 2024.
The peers of Accord Estates by revenue are KBPL Infrastructure Private Limited, Accurate Techno Solutions Private Limited, Madhumita Construction Pvt Ltd, Aniruddhsinh Infrastructure Private Limited, Greenearth Infraventures Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Shivil Kapoor ceased to be Company Secretary on 10 Feb 2025. Satyendra Shridhar Nayak ceased to be Additional Director on 29 Jun 2022. Sujatha R Thomas ceased to be Director on 28 Jun 2022. Accord Estates has 8 board changes on record in total.