About Acme Realties Private Limited
Data last updated:
Acme Realties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Acme Housing India Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 March 2008.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC180445. Its GSTIN is 27AAICA6893N2ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹90 Lakh. It was formerly known as Aesha Realties Private Limited. It is led by directors including Rajesh Pravin Doshi and Subodh Kumar Agrawal (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Acme Ghar 19 K.D. Road Off V.M. Road Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.94 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹18.99 Cr (net margin -384.4%) and EBITDA of -₹18.96 Cr (EBITDA margin -383.9%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 51% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Acmerealties and Acme Housing. As per MCA filings, the company has open charges of ₹707.27 Cr and satisfied charges of ₹134.5 Cr on record. Court records list 19 cases involving the company, including 7 filed by the company and 12 filed against it; 8 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹89 Lakh; the latest was in March 2017. Its 6 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 3 smaller; the largest is S.V Builders & Developers Private Limited with revenue of ₹4.94 Cr. The company has 12 MSME Form 1 returns on record between 2018 and 2024, listing 446 overdue payments to 24 micro and small suppliers.
The last known website on record is acmehousing.com.
Company details
Contact details
Acme Realties Private Limited's registered office is in Mumbai, Maharashtra. Its website is acmehousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAcme Ghar 19 K.D. Road Off V.M. Road Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Acme Realties 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
Acme Realties operates two associated brands: Acmerealties and Acme Housing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Acme Group constructs residential projects, luxury homes, and townships in Mumbai. | acmehousing.com | |
| Real estate firm managing insolvency and creditor claims processes. | acmerealties.com |
Business activity
The main business activity of Acme Realties 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 Acme Realties Private Limited, buy the company report.
Financials of Acme Realties Private Limited
FY 2023 filings availableAcme Realties Private Limited reported revenue of ₹4.94 Cr (down 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 69% fall in the latest year. EBITDA rose 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.99 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -383.9% | ||||
| Net Profit Margin | -384.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Acme Realties Private Limited, buy the company report.
Board of directors of Acme Realties Private Limited
Acme Realties has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Pravin Doshi Also directs: Shreeji Complex LLP, Acme Housing India Private Limited, Aalap Construction P Ltd and 5 more | Director | 04 Jul 2008 | 18 Years 3 Months | As last reported |
| Subodh Kumar Agrawal Also directs: Excel Restructuring Advisory LLP, Choice International Limited | Irp/Rp/Liquidator | 14 Mar 2024 | 2 Years 7 Months | As last reported |
| Mukesh Parmanand Ajmera Also directs: Aalap Construction P Ltd, Avishkar Infrastructure Private Limited, Ascent Housing Private Limited and 5 more | Additional Director | 07 Oct 2022 | 4 Years 0 Months | As last reported |
Peer comparison
Acme Realties Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.V Builders & Developers Private Limited | ₹4.94 Cr (FY 2023) | 6.0% | Hyderabad, Telangana, India | |||
| Satyam Construction Private Limited | ₹4.94 Cr (FY 2024) | 417.0% | Asansol, West Bengal, India | |||
| Mas Construction Pvt Ltd | ₹4.94 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Acme Realties Private Limitedthis company | ₹4.94 Cr (FY 2023) | -₹18.99 Cr | -384.4% | -69.0% | 4 | Mumbai, Maharashtra, India |
| Griha Promoters Private Limited | ₹4.94 Cr (FY 2025) | -43.0% | Bangalore, Karnataka, India | |||
| Phulwani Constructions Private Limited | ₹4.94 Cr (FY 2024) | 341.0% | Ujjain, Madhya Pradesh, India | |||
| Jaagruthi Housing and Infra Private Limited | ₹4.94 Cr (FY 2025) | 150.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Acme Realties Private Limited, buy the company report.
Auditor
Acme Realties Private Limited is audited by CGCA & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGCA & Associates LLP | FY 2023 | 123393W |
Shareholding
The shareholding of Acme Realties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Acme Realties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2021 | 100504807 | Others | ₹12.78 Cr | Open | |
| 02 Nov 2021 | 100507941 | Others | ₹45 Cr | Open | |
| 02 Nov 2021 | 100507969 | Others | ₹20.49 Cr | Open | |
| 03 Jul 2020 | 100358807 | Others | ₹140 Cr | Open | |
| 26 Oct 2018 | 100212976 | Others | ₹64 Cr | Open |
To see the full charge records of Acme Realties Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Acme Realties Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹89 Lakh; the latest was in March 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Acme Housing India Private Limited Seller: Ascent Construction Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Ascent Construction Private Limited Seller: Acme Housing India Private Limited , Aalap Construction P Ltd , Aalap Construction Private Limited & Pravin H Doshi |
| Mar 2013 | Funding round | ₹89 Lakh | Investors: Acme Housing India Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Aalap Construction P Ltd , Aalap Construction Private Limited & Pravin H Doshi Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Acme Realties Private Limited has 19 court cases on record: 7 filed by Acme Realties, 12 filed against it. 8 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
| NCLT | 7 | 1 | 6 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Jain Engineers Private Limited | Disposed |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against an individual | Pending |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against an individual | Pending |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against an individual | Pending |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against an individual | Pending |
To see the full case history of Acme Realties Private Limited, buy the company report.
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
Acme Realties Private Limited has 12 MSME Form 1 returns on record between 2018 and 2024, listing 446 overdue payments to 24 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 (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| DRN Concrete Solutions | |||
| Sleek International Private Limited | |||
| Suraj Water Suppliers | |||
| an individual supplier |
To see the full MSME payment records of Acme Realties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Acme Realties Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Acme Realties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA6893N2ZT | Maharashtra | Active | 23 Oct 2024 |
To see the full GST registrations and return filing status of Acme Realties Private Limited, buy the company report.
Recent activity
Acme Realties Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Subodh Kumar Agrawal was appointed as Irp/Rp/Liquidator on 14 Mar 2024.
17 earlier events are in the company report.
Frequently asked questions
Acme Realties is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Acme Realties is a company under insolvency, formerly operating as a 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 26 March 2008 and is registered under CIN U45202MH2008PTC180445. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Acme Realties has 3 current directors:
- Rajesh Pravin Doshi - Director
- Mukesh Parmanand Ajmera - Additional Director
- Subodh Kumar Agrawal - Irp/Rp/Liquidator
The latest financial statements of Acme Realties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Acme Realties is U45202MH2008PTC180445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acme Realties has open charges of ₹707.27 Cr and satisfied charges of ₹134.5 Cr as per latest MCA filings.
Acme Realties has 19 court cases on record: 7 filed by the company and 12 filed against it. 8 are pending. Most are in the district courts.
Acme Realties was incorporated on 26 March 2008. It is registered with the Registrar of Companies, Mumbai.
Acme Realties has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹89 Lakh; the latest was in March 2017.
The peers of Acme Realties by revenue are S.V Builders & Developers Private Limited, Satyam Construction Private Limited, Mas Construction Pvt Ltd, Griha Promoters Private Limited, Phulwani Constructions Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Subodh Kumar Agrawal was appointed as Irp/Rp/Liquidator on 14 Mar 2024. Mukesh Parmanand Ajmera was appointed as Additional Director on 07 Oct 2022. Munish Pravin Doshi ceased to be Additional Director on 30 Sep 2022. Acme Realties has 10 board changes on record in total.
Acme Realties has 12 MSME Form 1 returns on record between 2018 and 2024, listing 446 overdue payments to 24 micro and small suppliers. The latest return was filed on 01 May 2024.