Achole Developers Private Limited
About Achole Developers Private Limited
Data last updated: 17 February 2026
Achole Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vistra Itcl (India) Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 18 January 2018, the company has been in operation for over 8 years.
Registered with ROC Mumbai under CIN U70200MH2018PTC304389.
Capital: an authorised share capital of ₹84.26 Cr and a paid-up capital of ₹83.47 Cr. It is led by directors including Neha Rushabh Shah and Karim Kasimali Merchant.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.41 Cr, a growth of 8% compared to the previous year.
The company has a workforce of approximately 23 employees as per the latest available data. It operates as a subsidiary of Vistra Itcl (India) Limited.
As per MCA filings, the company has open charges of ₹195.9 Cr and satisfied charges of ₹180.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressUnit No. 1611 – 12 16Th Floor C Wing G Block One Bkc Bandra Kurla Complex Bandra (E, Ast), Mumbai, Maharashtra, India – 400051
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Achole Developers Private Limited
Achole Developers Private Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Achole Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Achole Developers Private Limited
Achole Developers Private Limited is audited by B S R & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & CO LLP | Locked | Locked | Locked |
Complete auditor history for Achole Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Achole Developers Private Limited
Achole Developers Private Limited is currently managed by 4 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Rushabh Shah | Director | 18 Jan 2018 | 8 Years 7 Months | Current |
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Karim Kasimali Merchant
Also directs:
Reach Promoters Private Limited, Lake Shore India Management Private Limited, Lake Shore India Advisory Private Limited and 5 more
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Nominee Director | 19 Feb 2021 | 5 Years 6 Months | Current |
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Koshtishwaran Iyer
Also directs:
Visapur Developers Private Limited, Salsette Developers Private Limited, Kukatpally Developers Private Limited and 4 more
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Nominee Director | 19 Feb 2021 | 5 Years 6 Months | Current |
| Scott Scher Eisenberg | Nominee Director | 15 Jun 2018 | 8 Years 2 Months | Current |
Financials of Achole Developers Private Limited FY 2025 filings available
Achole Developers Private Limited reported revenue of ₹50.41 Cr (up 8.00% YoY) for FY 2025.
Ten-year financial statements for Achole Developers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Achole Developers Private Limited
Shareholding and ownership data for Achole Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Achole Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2024 | Idbi Trusteeship Services Limited | ₹195.9 Cr | Open |
| 20 Jan 2022 | Idbi Trusteeship Services Limited | ₹120 Cr | Satisfied |
| 06 Sep 2021 | Hdfc Bank Limited | ₹64.88 Lakh | Satisfied |
| 19 Jun 2018 | Others | ₹60 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Achole Developers Private Limited
Achole Developers Private Limited has a workforce of 23 employees as of Apr 08, 2024.
Employee and EPFO history for Achole Developers Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Achole Developers Private Limited
GST registrations and filing compliance for Achole Developers Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Achole Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Achole Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Achole Developers Private Limited
MSME payment history for Achole Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Achole Developers Private Limited
Corporate group structure for Achole Developers Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Achole Developers Private Limited
MCA filings and documents for Achole Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Achole Developers Private Limited
Frequently Asked Questions about Achole Developers Private Limited
Achole Developers Private Limited is an active private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 18 January 2018 (8+ years old) and is registered under CIN U70200MH2018PTC304389. The company has 23 employees.
Achole Developers Private Limited reported revenue of ₹50.41 Cr for FY 2025 (up 8.00% YoY).
The current directors of Achole Developers Private Limited are:
- Neha Rushabh Shah - Director
- Karim Kasimali Merchant - Nominee Director
- Koshtishwaran Iyer - Nominee Director
- Scott Scher Eisenberg - Nominee Director
The primary industry of Achole Developers Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Achole Developers Private Limited can be reached at the registered office: Unit No. 1611 – 12 16Th Floor C Wing G Block One Bkc Bandra Kurla Complex Bandra E, Ast, Mumbai, Maharashtra, India – 400051.
The authorised capital is ₹84.26 Cr, and the paid-up capital is ₹83.47 Cr.