India's Richest People 2026 edition · 1 director · Source: Hurun India
- #399 B.M. Jayeshankar ₹9,300 Cr
Akarsha Prime Project Private Limited
Akarsha Prime Project Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Active Private Limited Company real estate and construction
Authorised capital
₹75.1 Cr
Registered with MCA
Paid-up capital
₹24.07 Cr
Issued & subscribed
Open charges
₹705 Cr
Satisfied ₹1,178.99 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting
Company status
Active
MCA master data
About Akarsha Prime Project Private Limited
Data last updated:
Akarsha Prime Project Private Limited is a private limited company based in Bangalore, 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.
Its director B.M. Jayeshankar is #399 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2009PTC051262.
The company has an authorised share capital of ₹75.1 Cr and a paid-up capital of ₹24.07 Cr. It is led by directors including Jayeshankar Bilidale Madaiah (Managing Director) 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, Bangalore, Karnataka, India – 560025.
As per MCA filings, the company has open charges of ₹705 Cr and satisfied charges of ₹1,178.99 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹24 Cr; the latest was in September 2015.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45200KA2009PTC051262
Registration Number 051262
Incorporation Date 22 October 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Jayeshankar Bilidale Madaiah Managing Director Karunesh Bilidale Madaiah Director Sudha Shanker Director Recognitions & Rankings of Akarsha Prime Project
Contact details
Akarsha Prime Project Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 2/4 Langford Garden Richmond Town, Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akarsha Prime Project Private Limited, buy the company report.
Comprehensive company report
Akarsha Prime Project Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Akarsha Prime Project 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 |
Financials of Akarsha Prime Project Private Limited
FY 2024 filings availableFinancial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Akarsha Prime Project Private Limited, buy the company report.
Board of directors of Akarsha Prime Project Private Limited
Akarsha Prime Project has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayeshankar Bilidale Madaiah | Managing Director | 22 Oct 2009 | 17 Years 0 Months | Current |
| Karunesh Bilidale Madaiah Also directs: Vismaya Superprojects Private Limited, Akarshak Realty Private Limited, Alekhya Property Developments Private Limited and 5 more | Director | 22 Oct 2009 | 17 Years 0 Months | Current |
| Sudha Shanker Also directs: Akarshak Realty Private Limited, Vividha Ventures Private Limited, Shreshta Apartments Private Limited and 5 more | Director | 22 Oct 2009 | 17 Years 0 Months | Current |
Auditor
Akarsha Prime Project Private Limited is audited by P D SARANG & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D SARANG & ASSOCIATES | FY 2021 | 013423S |
Shareholding
The shareholding of Akarsha Prime Project Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akarsha Prime Project Private Limited, buy the company report.
Charges & borrowings
Open charges
₹705 Cr
Satisfied charges
₹1,178.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2025 | 101056990 | Others | ₹705 Cr | Open | |
| 11 Jan 2024 | 100859065 | Others | ₹350 Cr | Satisfied | |
| 29 Oct 2021 | 100498897 | Others | ₹350 Cr | Satisfied | |
| 12 Sep 2018 | 100207673 | Others | ₹395 Cr | Satisfied | |
| 16 Mar 2015 | 10559536 | Aditya Birla Finance Limited | ₹75 Cr | Satisfied |
To see the full charge records of Akarsha Prime Project Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Akarsha Prime Project Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹24 Cr; the latest was in September 2015.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹24 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: Adarsh Developers Seller: India Opportunity Real Estate Fund, ICICI Prudential AMC Limited A/C PMS IOP |
| Jun 2011 | Funding round · Series C | ₹24 Cr | Investors: India Opportunity Real Estate Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Akarsha Prime Project Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akarsha Prime Project Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akarsha Prime Project Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akarsha Prime Project Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Jayeshankar Bilidale Madaiah was appointed as Managing Director on 22 Oct 2009.
Charges
A charge with Others of Rs. 705.00 Cr registered on 14 Feb 2025 with Charge ID 101056990 was modified on 07 Jul 2025.
Charges
A charge with Others amounted to Rs. 705.00 Cr with Charge ID 101056990 was registered on 14 Feb 2025.
Charges
A charge registered on 11 Jan 2024 via Charge ID 100859065 with Others was fully satisfied on 04 Feb 2025.
AGM
Akarsha Prime Project Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 29 Oct 2021 via Charge ID 100498897 with Others was fully satisfied on 06 Sep 2024.
Charges
A charge registered on 12 Sep 2018 via Charge ID 100207673 with Others was fully satisfied on 18 Jun 2024.
Filing
Akarsha Prime Project Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 350.00 Cr with Charge ID 100859065 was registered on 11 Jan 2024.
Charges
A charge with Others of Rs. 350.00 Cr registered on 29 Oct 2021 with Charge ID 100498897 was modified on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 350.00 Cr with Charge ID 100498897 was registered on 29 Oct 2021.
Charges
A charge with Others amounted to Rs. 395.00 Cr with Charge ID 100207673 was registered on 12 Sep 2018.
Charges
A charge registered on 16 Mar 2015 via Charge ID 10559536 with Aditya Birla Finance Limited was fully satisfied on 23 Aug 2017.
8 earlier events are in the company report.
Frequently asked questions
Akarsha Prime Project is an active private limited company based in Bangalore, 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 U45200KA2009PTC051262.
Akarsha Prime Project has 3 current directors:
- Jayeshankar Bilidale Madaiah - Managing Director
- Karunesh Bilidale Madaiah - Director
- Sudha Shanker - Director
The latest financial statements of Akarsha Prime Project on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Akarsha Prime Project is U45200KA2009PTC051262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarsha Prime Project was incorporated on 22 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Akarsha Prime Project has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹24 Cr; the latest was in September 2015.
Jayeshankar Bilidale Madaiah was appointed as Managing Director on 22 Oct 2009. Karunesh Bilidale Madaiah was appointed as Director on 22 Oct 2009. Sudha Shanker was appointed as Director on 22 Oct 2009.
The registered office of Akarsha Prime Project is at No. 24 Langford Garden Richmond Town, Bangalore, Karnataka, India – 560025.
Akarsha Prime Project operates in the real estate and construction industry, in the real estate builders and developers segment.
Akarsha Prime Project has open charges of ₹705 Cr and satisfied charges of ₹1,178.99 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages