Aco Developers Private Limited
About Aco Developers Private Limited
Data last updated:
Aco Developers Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Katra Real Estates Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2005PTC135916. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.97 Cr. It was formerly known as Ansal Colonisers and Developers Private Limited. It is led by directors Rajender Kumar Gautam and Rajesh Kumar Rana.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Half Mezzanine No. 2 15 Sandhya Deep Building, Community Centre, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.53 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹77.73 Lakh (net margin 9.1%) and EBITDA of ₹1.15 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.2 Cr and satisfied charges of ₹32 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aco Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressHalf Mezzanine No. 2 15 Sandhya Deep Building, Community Centre, New Delhi, Delhi, India – 110065
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aco 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
Business activity
The main business activity of Aco Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Aco Developers Private Limited, buy the company report.
Financials of Aco Developers Private Limited
FY 2024 filings availableAco Developers Private Limited reported revenue of ₹8.53 Cr (down 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.73 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 9.1% | ||||
| 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 Aco Developers Private Limited, buy the company report.
Board of directors of Aco Developers Private Limited
Aco Developers has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Rana | Additional Director | 29 Oct 2024 | 1 Years 11 Months | Current |
| Rajender Kumar Gautam Also directs: Green Max Estate Private Limited, Amarnath Properties Private Limited, Manikaran Realtors Private Limited and 1 more | Director | 26 Feb 2018 | 8 Years 7 Months | Current |
Auditor
Aco Developers Private Limited is audited by M L PURI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M L PURI & CO | FY 2022 | 002312N |
Shareholding
The shareholding of Aco Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aco Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2021 | 100451980 | Others | ₹4.2 Cr | Open | |
| 04 Nov 2015 | 10606494 | Il & Fs Trust Company Limited | ₹32 Cr | Satisfied |
To see the full charge records of Aco Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aco Developers Private Limited has 19 court cases on record: 5 filed by Aco Developers, 14 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 7 | 2 |
| District courts | 7 | 7 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Supercity Developers Pvt Ltd | Pending |
| High Court, HARYANA | Revision petition | Filed against the company by Craft Infrastructure Private Limited and 1 other | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Anuttama Buildmart Pvt Ltd | Disposed |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Quantum Estates Private Limited | Disposed |
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by M/S Anuttama Buildmart Pvt Ltd | Disposed |
To see the full case history of Aco Developers 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
No delayed payments to MSME suppliers are on our record for Aco Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aco Developers Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Aco Developers has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Aco Developers Private Limited, buy the company report.
Recent activity
Aco Developers Private Limited has 19 board changes on record since 2008: 2 appointments and 17 cessations. The latest: Rajesh Kumar Rana was appointed as Additional Director on 29 Oct 2024.
14 earlier events are in the company report.
Frequently asked questions
Aco Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 May 2005 (21+ years old) and is registered under CIN U45201DL2005PTC135916.
Aco Developers has 2 current directors:
- Rajesh Kumar Rana - Additional Director
- Rajender Kumar Gautam - Director
The latest financial statements of Aco Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Aco Developers has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Aco Developers is U45201DL2005PTC135916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aco Developers has 19 court cases on record: 5 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Aco Developers was incorporated on 06 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Rajesh Kumar Rana was appointed as Additional Director on 29 Oct 2024. Gaurav Seth ceased to be Additional Director on 30 Sep 2022. Lokesh Tehlan ceased to be Additional Director on 30 Sep 2022. Aco Developers has 19 board changes on record in total.
The registered office of Aco Developers is at Half Mezzanine No. 2 15 Sandhya Deep Building, Community Centre, New Delhi, Delhi, India – 110065.
Aco Developers operates in the real estate and construction industry, in the real estate builders and developers segment.