Akhilesh Developers Private Limited
About Akhilesh Developers Private Limited
Data last updated:
Akhilesh Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 October 2003.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2003PTC142542.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manoj Shrigopal Malpani and Ramvilas Jairam Yadav.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Raaj Chambers Skm Fabrics Andheri Prmises R K Paramhans Marg Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.09 Lakh. For the same year it recorded a net loss of ₹2.33 Cr and EBITDA of -₹2.32 Cr. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years.
As per MCA filings, the company has open charges of ₹50 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 5 cases are pending.
Company details
Contact details
Akhilesh Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRaaj Chambers Skm Fabrics Andheri Prmises R K Paramhans Marg Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akhilesh 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
Financials of Akhilesh Developers Private Limited
FY 2018 filings availableAkhilesh Developers Private Limited reported revenue of ₹1.09 Lakh for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 90% over three years. 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.09 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.32 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.33 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 Akhilesh Developers Private Limited, buy the company report.
Board of directors of Akhilesh Developers Private Limited
Akhilesh Developers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Shrigopal Malpani Also directs: Congenial Hospitality Private Limited, Fervent Finance and Investment Private Limited, Yudhveer Buildcon Private Limited and 2 more | Director | 02 Sep 2013 | 13 Years 2 Months | As last reported |
| Ramvilas Jairam Yadav Also directs: Vijay Infrastructure Technologies Private Limited, Caring Builders Private Limited, Anshika Developers Private Limited and 5 more | Director | 30 Apr 2007 | 19 Years 6 Months | As last reported |
Peer comparison
Akhilesh Developers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Niharika Projects Private Limited | ₹1.09 Lakh (FY 2024) | 51.0% | Hyderabad, Telangana, India | |||
| Jayditya Infrastructure Private Limited | ₹1.09 Lakh (FY 2025) | -97.0% | Kolkata, West Bengal, India | |||
| Barbrik Villa Private Limited | ₹1.09 Lakh (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Silver Arc Technology Private Limited | ₹1.09 Lakh (FY 2025) | -69.0% | Mumbai, Maharashtra, India | |||
| Coinage Realestate Private Limited | ₹1.09 Lakh (FY 2024) | 21.0% | Kolkata, West Bengal, India | |||
| Akhilesh Developers Private Limitedthis company | ₹1.09 Lakh (FY 2018) | -₹2.33 Cr | Mumbai, Maharashtra, India | |||
| Express Infoways Private Limited | ₹1.09 Lakh (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Sansar Infrastructure Private Limited | ₹1.09 Lakh (FY 2024) | 3.0% | Moradabad, Uttar Pradesh, India | |||
| Hi-Sky Projects Private Limited | ₹1.09 Lakh (FY 2019) | 5.0% | New Delhi, Delhi, India | |||
| Shri Maluk Farms Private Limited | ₹1.09 Lakh (FY 2025) | 1263.0% | Delhi, India | |||
| Sirsikar Developers and Builders Private Limited | ₹1.09 Lakh (FY 2024) | -69.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Akhilesh Developers Private Limited, buy the company report.
Auditor
Akhilesh Developers Private Limited is audited by S M M P & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M M P & ASSOCIATES | FY 2018 | 120438W |
Shareholding
The shareholding of Akhilesh Developers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akhilesh Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2013 | 10461591 | Indiabulls Finance Company Private Limited | ₹50 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Akhilesh Developers Private Limited has 14 court cases on record: 5 filed by Akhilesh Developers, 9 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 5 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Indiabulls Commercial Credit Ltd. | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Commercial Credit Ltd | Pending |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Indiabulls Commercial Credit Ltd and 1 other | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Housing Finance Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
To see the full case history of Akhilesh 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 Akhilesh Developers 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 Akhilesh Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akhilesh Developers Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Dhruv Vikas Kasliwal ceased to be Director on 23 Dec 2013.
Frequently asked questions
Akhilesh Developers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Akhilesh Developers is a company under liquidation, 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 07 October 2003 and is registered under CIN U45200MH2003PTC142542. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Akhilesh Developers has 2 current directors:
- Manoj Shrigopal Malpani - Director
- Ramvilas Jairam Yadav - Director
The latest financial statements of Akhilesh Developers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Akhilesh Developers is U45200MH2003PTC142542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akhilesh Developers has open charges of ₹50 Cr and no satisfied charges on record as per latest MCA filings.
Akhilesh Developers has 14 court cases on record: 5 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Akhilesh Developers was incorporated on 07 October 2003. It is registered with the Registrar of Companies, Mumbai.
The peers of Akhilesh Developers by revenue are Niharika Projects Private Limited, Jayditya Infrastructure Private Limited, Barbrik Villa Private Limited, Silver Arc Technology Private Limited, Coinage Realestate Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Dhruv Vikas Kasliwal ceased to be Director on 23 Dec 2013. Anuradha Vikas Kasliwal ceased to be Director on 30 Sep 2013. Dhvani Gaurav Kaul ceased to be Director on 30 Sep 2013. Akhilesh Developers has 8 board changes on record in total.
The registered office of Akhilesh Developers is at Raaj Chambers Skm Fabrics Andheri Prmises R K Paramhans Marg Andheri East, Mumbai, Maharashtra, India – 400069.
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