About Akarsh Residence Private Limited
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Akarsh Residence Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2009PTC051265. Its GSTIN is 29AAICA0191P1Z7 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jayeshankar Bilidale Madaiah and Karunesh Bilidale Madaiah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.72 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹12.36 Cr (net margin -14.2%) and EBITDA of -₹18.76 Cr (EBITDA margin -21.6%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 28% over five years.
The company is associated with 1 brand: Adarsh Developers. As per MCA filings, the company has open charges of ₹133.5 Cr and satisfied charges of ₹5,857.7 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 1 filed against it; 6 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2010. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Mars Propdevelopers Private Limited with revenue of ₹86.96 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 2 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adarshdevelopers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Akarsh Residence Private Limited
The main business activity of Akarsh Residence is real estate. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akarsh Residence Private Limited FY 2024 filings available
Akarsh Residence Private Limited reported revenue of ₹86.72 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Akarsh Residence Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 49% growth in the latest year. EBITDA fell 131% 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 of Akarsh Residence Private Limited
| 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 | -₹18.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.36 Cr | •••• | •••• | •••• | •••• |
| 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 of Akarsh Residence Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -14.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akarsh Residence are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akarsh Residence Private Limited
Akarsh Residence Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mars Propdevelopers Private Limited | ₹86.96 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jodhpur, Rajasthan, India |
| Theindogrid Infra Private Limited | ₹86.92 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Ludhiana, Punjab, India |
| Golok Enterprise Private Limited | ₹86.88 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Runwal Construction Private Limited | ₹86.82 Cr (FY 2025) | •••• | •••• | -61.0% | •••• | Mumbai, Maharashtra, India |
| RKC Infrastructure Private Limited | ₹86.78 Cr (FY 2025) | •••• | •••• | 297.0% | •••• | Kolkata, West Bengal, India |
| Akarsh Residence Private Limited this company | ₹86.72 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Bengaluru, Karnataka, India |
| NVT Quality Lifestyle Projects Private Limited | ₹86.71 Cr (FY 2023) | •••• | •••• | 403.0% | •••• | Bangalore, Karnataka, India |
| The Manjri Stud Farm Private Limited | ₹86.7 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Janapriya Properties Private Limited (Under Part IX) | ₹86.65 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Hyderabad, Telangana, India |
| Tanmathra Aquarelle Developers Private Limited | ₹86.57 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Bengaluru, Karnataka, India |
| SNS Infracon Private Limited | ₹86.52 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Akarsh Residence by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Akarsh Residence Private Limited
Akarsh Residence Private Limited is audited by Vankadar i Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vankadar i Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akarsh Residence Private Limited
Akarsh Residence has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayeshankar Bilidale Madaiah | Director | 22 Oct 2009 | 16 Years 11 Months | Current |
| Karunesh Bilidale Madaiah Also directs: Akarsha Prime Project Private Limited, Vismaya Superprojects Private Limited, Akarshak Realty Private Limited and 5 more | Director | 22 Oct 2009 | 16 Years 11 Months | Current |
| Sudha Shanker Also directs: Akarsha Prime Project Private Limited, Akarshak Realty Private Limited, Vividha Ventures Private Limited and 5 more | Director | 06 Mar 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Akarsh Residence Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akarsh Residence Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jul 2023 | Others | ₹715.5 Cr | Satisfied |
| 21 Jul 2023 | Others | ₹258 Cr | Satisfied |
| 21 Jul 2023 | Others | ₹75 Cr | Satisfied |
| 21 Jul 2023 | Others | ₹133.5 Cr | Satisfied |
| 21 Jul 2023 | Others | ₹1,068 Cr | Satisfied |
Total charge records: 22 View all charges
Deals & Funding of Akarsh Residence Private Limited
Akarsh Residence Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Adarsh Developers & Karunesh Bilidale Madaiah, Adarsh Developers & Sudha Shanker, Adarsh Developers Seller: 3 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Akarsh Residence Private Limited
Akarsh Residence Private Limited has 11 court cases on record: 3 filed by Akarsh Residence, 1 filed against it, 7 where it is another party. 6 cases are pending and 5 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 4 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner | Pending |
| High Court of Karnataka | Court case (CCC) | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Pending |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Akarsh Residence Private Limited
Akarsh Residence Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| R.K. Readymix Concrete | •••• | •••• | •••• |
| Pulkit Metals Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Akarsh Residence Private Limited
Akarsh Residence operates one associated brand: Adarsh Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential, commercial, and hospitality properties are developed in Bengaluru. | adarshdevelopers.com |
Employees and EPFO Compliance at Akarsh Residence Private Limited
Employment history and EPFO contributions of people linked to Akarsh Residence.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akarsh Residence Private Limited
Akarsh Residence Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Jayeshankar Bilidale Madaiah ceased to be Managing Director on 28 Jan 2020.
51 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akarsh Residence Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akarsh Residence Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akarsh Residence Private Limited
Akarsh Residence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICA0191P1Z7 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akarsh Residence Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akarsh Residence Private Limited
Akarsh Residence is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 October 2009 (17+ years old) and is registered under CIN U45201KA2009PTC051265.
Akarsh Residence reported revenue of ₹86.72 Cr for FY 2024 (up 49% YoY).
Akarsh Residence has 3 current directors:
- Jayeshankar Bilidale Madaiah - Director
- Karunesh Bilidale Madaiah - Director
- Sudha Shanker - Director
Akarsh Residence reported a net loss of ₹12.36 Cr (net margin -14.2%) and EBITDA of -₹18.76 Cr (EBITDA margin -21.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Akarsh Residence is 43% over three years and 28% over five years. In the latest year (FY 2024) revenue rose 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Akarsh Residence is 29AAICA0191P1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Akarsh Residence is U45201KA2009PTC051265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarsh Residence has 11 court cases on record: 3 filed by the company and 1 filed against it. 6 are pending. Most are in the district courts.
Akarsh Residence was incorporated on 22 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Akarsh Residence has 1 deal on record (1 secondary share transfer); the latest was in March 2010.
The peers of Akarsh Residence by revenue are Mars Propdevelopers Private Limited, Theindogrid Infra Private Limited, Golok Enterprise Private Limited, Runwal Construction Private Limited, RKC Infrastructure Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Jayeshankar Bilidale Madaiah ceased to be Managing Director on 28 Jan 2020. Sudha Shanker ceased to be Additional Director on 30 Sep 2013. Sudha Shanker was appointed as Director on 06 Mar 2013. Akarsh Residence has 5 board changes on record in total.