About Accurate Developers Private Limited
Data last updated:
Accurate Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2006PTC128337. Its GSTIN is 36AAFCA8662E1ZM (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.9 Cr and a paid-up capital of ₹5.9 Cr. It was formerly known as Accurate Asset Valuers and Surveyors Private Limited. It is led by directors Mitesh Surendra Kulkarni (Managing Director) and Shantanu Vilas Dani (Whole-Time Director).
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 J – 201 Amod Ankur Kothrud Pune – 29, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.85 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr and EBITDA of -₹2.29 Cr. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 52% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Accurate Developers. As per MCA filings, the company has satisfied charges of ₹50.75 Cr on record. The company has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹11.6 Cr; the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website accuratedevelopers.in.
Company details
CIN history
Accurate Developers has one previous CIN (Corporate Identification Number): U00899PN2006PTC128337. The current CIN is U45200PN2006PTC128337, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200PN2006PTC128337 | Current |
| U00899PN2006PTC128337 | Previous |
Contact details
Accurate Developers Private Limited's registered office is in Pune, Maharashtra. Its website is accuratedevelopers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJ – 201 Amod Ankur Kothrud Pune – 29, Maharashtra, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Accurate Developers 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
Brands
Accurate Developers operates one associated brand: Accurate Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate property development services are provided in India. | accuratedevelopers.in |
Business activity
The main business activity of Accurate Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Accurate Developers Private Limited, buy the company report.
Financials of Accurate Developers Private Limited
FY 2025 filings availableAccurate Developers Private Limited reported revenue of ₹9.85 Lakh (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 97% fall in the latest year. EBITDA fell 4% 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 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 | -₹2.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.74 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 Accurate Developers Private Limited, buy the company report.
Board of directors of Accurate Developers Private Limited
Accurate Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Surendra Kulkarni Also directs: Aroha Alternate Asset Advisors LLP, Aroha Management LLP, Scranton Developers LLP and 5 more | Managing Director | 19 Apr 2006 | 20 Years 6 Months | Current |
| Shantanu Vilas Dani Also directs: Scranton Developers LLP, Sri Chamundeshwari Constructions Private Limited, Lambros Developers LLP and 1 more | Whole-Time Director | 26 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Accurate Developers Private Limited is audited by J S M & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J S M & ASSOCIATES | FY 2019 | 018249S |
Shareholding
The shareholding of Accurate Developers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Accurate Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2017 | 100138991 | Others | ₹20.5 Cr | Satisfied | |
| 15 Oct 2016 | 100065779 | Others | ₹11.5 Cr | Satisfied | |
| 17 Nov 2015 | 10616589 | Reliance Home Finance Limited | ₹13 Cr | Satisfied | |
| 21 Jul 2014 | 10558373 | Idbi Trusteeship Services Limited Ac India Realty Fund I Acting Through Im Azure Capital Advisors Pvt Ltd | ₹5.75 Cr | Satisfied |
To see the full charge records of Accurate Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Accurate Developers Private Limited has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹11.6 Cr; the latest was in March 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Ajay C Mehta HUF, 3 individuals Seller: an individual |
| Jun 2016 | Funding round | ₹95 Lakh | Investors: 2 individuals |
| Jul 2014 | Debt financing | ₹5.75 Cr | Investors: Azure Capital |
| Mar 2014 | Acquisition | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Accurate Developers Private Limited, buy the company report.
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 Accurate Developers 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 Accurate Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Accurate Developers Private Limited has a workforce of 1 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Accurate Developers Private Limited, buy the company report.
GST
Accurate Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCA8662E1ZM | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Accurate Developers Private Limited, buy the company report.
Recent activity
Accurate Developers Private Limited has 10 board changes on record since 2006: 3 appointments and 7 cessations. The latest: Suhas Mukund Sant was appointed as Additional Director on 20 May 2025.
9 earlier events are in the company report.
Frequently asked questions
Accurate Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 April 2006 (20+ years old) and is registered under CIN U45200PN2006PTC128337.
Accurate Developers has 2 current directors:
- Mitesh Surendra Kulkarni - Managing Director
- Shantanu Vilas Dani - Whole-Time Director
The latest financial statements of Accurate Developers 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 Accurate Developers is 36AAFCA8662E1ZM, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Accurate Developers is U45200PN2006PTC128337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Accurate Developers was incorporated on 19 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Accurate Developers has 8 deals on record (4 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹11.6 Cr; the latest was in March 2020.
Suhas Mukund Sant was appointed as Additional Director on 20 May 2025. Shantanu Vilas Dani was appointed as Whole-Time Director on 26 Mar 2025. Shantanu Vilas Dani ceased to be Additional Director on 26 Mar 2025. Accurate Developers has 10 board changes on record in total.
Accurate Developers can be reached through the website accuratedevelopers.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Accurate Developers is at J – 201 Amod Ankur Kothrud Pune – 29, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
