Acestar Properties Private Limited - Company Profile

It is a real estate and construction private limited company based in Chennai, Tamil Nadu, India, established in 2006.
2006 Chennai, Tamil Nadu, India Active
Last Updated:
About Acestar Properties Private Limited

Acestar Properties Private Limited, a active private limited company, was established on 01 May 2006 in Chennai, Tamil Nadu, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U45202TN2006PTC059680. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹27.06 Cr and a paid-up capital of ₹0.39 M.

It upholds a compliant status. Employing 49 professional, Its leadership includes Mahalingam Kannan (Director), Bakthavachalam Rajkumar (Director). Past directors included Souvik Mukherjee, Kishore Gotety, Lee Kok Sun. It holds ₹14.32 Cr open charges and ₹208.87 Cr settled loans. Its latest AGM occurred on 16 September 2024, with the balance sheet filed on 31 March 2024. It is based at 12, South Mada Street Srinagar Colony,Aidapet, Chennai, Tamil Nadu, 600015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45202TN2006PTC059680

  • Registration Number

    059680

  • Incorporation Date

    01 May 2006

  • Authorized Capital

    ₹27.06 Cr

  • Paid-Up Capital

    ₹0.39 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 27.06 Cr
  • Paid Up Capital ₹ 0.39 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.32 Cr
  • Satisfied Charges ₹ 208.87 Cr
  • Revenue Growth **** 96.34%
  • Profit Growth **** 1130.94%
  • Ebitda **** 186.76%
  • Net Worth 199.46%
  • Total Assets **** 19.80%
Company report

Acestar Properties Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Acestar Properties Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Acestar Properties Private Limited?
Current Directors
Name Designation Appointment Date Status
Mahalingam Kannan Director 21 Oct 2021 Current
Bakthavachalam Rajkumar Director 12 Nov 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 20 Jan 2014 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Nominee Director 22 Jan 2011 Past
Pramod Abcsdd Nominee Director 21 Oct 2021 Past
Pramod Abcsdd Nominee Director 22 Jun 2009 Past
Pramod Abcsdd Nominee Director 25 Jul 2017 Past

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Financial Performance of Acestar Properties.

Acestar Properties Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.34% increase. The company also saw a substantial improvement in profitability, with a 1130.94% increase in profit. The company's net worth Soared by an impressive increase of 199.46%.

Acestar Properties revenue growth over time
Acestar Properties profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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96.34%
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Revenue from Operations
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99.52%
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*******
Total Assets
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19.80%
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Profit or Loss
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1130.94%
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Net Worth
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199.46%
*******
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EBITDA
*******
186.76%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Acestar Properties?

In 2023, Acestar Properties had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹143,241,600.00

Satisfied Charges

₹2,088,726,290.00

Charges Breakdown by Lending Institutions
  • City Union Bank Limited : 8.12 Cr
  • State Bank Of India : 6.00 Cr
  • Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
19 Sep 2025 City Union Bank Limited ₹8.12 Cr Open
19 Nov 2024 State Bank Of India ₹6.00 Cr Open
30 Jun 2022 Hdfc Bank Limited ₹2.04 M Open
27 Feb 2025 Others ₹2.00 Cr Satisfied
28 Mar 2024 State Bank Of India ₹5.96 Cr Satisfied

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How Many Employees Work at Acestar Properties?

Acestar Properties has a workforce of 49 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Acestar Properties, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Acestar Properties's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Acestar Properties
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 27 Feb 2025 via Charge ID 101060477 with Others was fully satisfied on 29 Oct 2025. was completed.

  • Charges

    Progress on A charge with City Union Bank Limited amounted to Rs. 8.12 Cr with Charge ID 101173758 was registered on 19 Sep 2025. was documented.

  • Charges

    The activity A charge registered on 28 Mar 2024 via Charge ID 100908607 with State Bank Of India was fully satisfied on 18 Sep 2025. was completed.

  • Charges

    Progress on A charge registered on 28 Jan 2022 via Charge ID 100541835 with Hdfc Bank Limited was fully satisfied on 17 Apr 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101060477 was registered on 27 Feb 2025. was completed.

  • Charges

    Progress on A charge registered on 18 Mar 2023 via Charge ID 100689402 with State Bank Of India was fully satisfied on 06 Jan 2025. was documented.

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Frequently Asked Questions
What is the CIN of Acestar Properties Private Limited?

The CIN of Acestar Properties Private Limited is U45202TN2006PTC059680.

Where is Acestar Properties Private Limited headquartered?

Acestar Properties Private Limited is headquartered at 12, South Mada Street Srinagar Colony,Aidapet, Chennai, Tamil Nadu, 600015.

When was Acestar Properties Private Limited incorporated?

Acestar Properties Private Limited was incorporated on 01 May 2006.

Who are the current directors of Acestar Properties Private Limited?

The current directors of Acestar Properties Private Limited are

What is the primary industry of Acestar Properties Private Limited?

The primary industry of Acestar Properties Private Limited is Construction.

Is Acestar Properties Private Limited a listed company?

Acestar Properties Private Limited is unlisted.

What is the capital structure of Acestar Properties Private Limited?

The authorized capital of Acestar Properties Private Limited is ₹27.06 Cr, and the paid-up capital is ₹0.39 M.

What is the compliance status of Acestar Properties Private Limited?

The compliance status of Acestar Properties Private Limited is Compliant.

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