Achole Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 2018.
2018 Mumbai, Maharashtra, India Active
Last Updated:
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About Achole Developers Private Limited

Achole Developers Private Limited, a active private limited company, was established on 18 January 2018 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U70200MH2018PTC304389. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹84.26 Cr and a paid-up capital of ₹83.47 Cr.

It upholds a compliant status. Employing 23 professional, Its leadership includes Neha Rushabh Shah (Director), Karim Kasimali Merchant (Nominee Director), Koshtishwaran Iyer (Nominee Director). Past directors included Nimesh Ramniklal Mehta, Pooja Bharat Dalvi, Darpan Deepak Shah. It holds ₹195.90 Cr open charges and ₹180.65 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No. 1611-12, 16Th Floor, C Wing, G Block One Bkc, Bandra Kurla Complex, Bandra (E, Ast), Mumbai, Maharashtra, 400051.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U70200MH2018PTC304389

  • Registration Number

    304389

  • Incorporation Date

    18 January 2018

  • Authorized Capital

    ₹84.26 Cr

  • Paid-Up Capital

    ₹83.47 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 84.26 Cr
  • Paid Up Capital ₹ 83.47 Cr
  • Company Age 8 Year, 23 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 195.90 Cr
  • Satisfied Charges ₹ 180.65 Cr
  • Revenue Growth **** 164.61%
  • Profit Growth **** -20.56%
  • Ebitda **** 1002.53%
  • Net Worth -65.92%
  • Total Assets -0.57%
Company report

Achole Developers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Achole Developers 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 Achole Developers Private Limited?
Current Directors
Name Designation Appointment Date Status
Neha Rushabh Shah Director 18 Jan 2018 Current
Karim Kasimali Merchant Nominee Director 19 Feb 2021 Current
Koshtishwaran Iyer Nominee Director 19 Feb 2021 Current
Scott Scher Eisenberg Nominee Director 15 Jun 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 18 Feb 2021 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 13 Mar 2024 Past
Pramod Abcsdd Nominee Director 18 Feb 2021 Past

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Financial Performance of Achole Developers.

Achole Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 164.61% increase. The company also saw a substantial fall in profitability, with a 20.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 65.92%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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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 164.61%
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Revenue from Operations
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 164.89%
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Total Assets
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 -0.57%
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Profit or Loss
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 -20.56%
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Net Worth
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 -65.92%
*******
*******
*******
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EBITDA
*******
 1002.53%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Achole Developers?

In 2023, Achole Developers had a promoter holding of 100.00%. 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

₹1,959,000,000.00

Satisfied Charges

₹1,806,487,550.00

Charges Breakdown by Lending Institutions
  • Idbi Trusteeship Services Limited : 195.90 Cr
Latest Charge Details
Date Lender Amount Status
18 Jun 2024 Idbi Trusteeship Services Limited ₹195.90 Cr Open
20 Jan 2022 Idbi Trusteeship Services Limited ₹120.00 Cr Satisfied
06 Sep 2021 Hdfc Bank Limited ₹6.49 M Satisfied
19 Jun 2018 Others ₹60.00 Cr Satisfied

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How Many Employees Work at Achole Developers?

Achole Developers has a workforce of 23 employees as of Apr 08, 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 Achole Developers, 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 Achole Developers'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 Achole Developers
Recent Activity within the Organization
  • Annual General Meeting

    Achole Developers Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Achole Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    The activity A charge with Idbi Trusteeship Services Limited of Rs. 195.90 Cr registered on 18 Jun 2024 with Charge ID 100945939 was modified on 20 Sep 2024. was completed.

  • Charges

    Progress on A charge registered on 20 Jan 2022 via Charge ID 100528368 with Idbi Trusteeship Services Limited was fully satisfied on 21 Jun 2024. was documented.

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 195.90 Cr with Charge ID 100945939 was registered on 18 Jun 2024. was recorded as a recent event.

  • Charges

    A charge registered on 06 Sep 2021 via Charge ID 100484945 with Hdfc Bank Limited was fully satisfied on 14 Mar 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Achole Developers Private Limited?

The CIN of Achole Developers Private Limited is U70200MH2018PTC304389.

Where is Achole Developers Private Limited headquartered?

Achole Developers Private Limited is headquartered at Unit No. 1611-12, 16Th Floor, C Wing, G Block One Bkc, Bandra Kurla Complex, Bandra (E, Ast), Mumbai, Maharashtra, 400051.

When was Achole Developers Private Limited incorporated?

Achole Developers Private Limited was incorporated on 18 January 2018.

Who are the current directors of Achole Developers Private Limited?

The current directors of Achole Developers Private Limited are

What is the primary industry of Achole Developers Private Limited?

The primary industry of Achole Developers Private Limited is Real Estate.

Is Achole Developers Private Limited a listed company?

Achole Developers Private Limited is unlisted.

What is the capital structure of Achole Developers Private Limited?

The authorized capital of Achole Developers Private Limited is ₹84.26 Cr, and the paid-up capital is ₹83.47 Cr.

What is the compliance status of Achole Developers Private Limited?

The compliance status of Achole Developers Private Limited is Compliant.

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