Akrk Realcon Private Limited
About Akrk Realcon Private Limited
Data last updated:
Akrk Realcon Private Limited was a private limited company based in Indore, Madhya Pradesh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 10 September 2012.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP2012PTC029129. Its GSTIN is 23AALCA4129L1ZM (Madhya Pradesh).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.51 Lakh. It was led by directors Manjeet Kaur Mutneja and Jasbir Singh Mutneja.
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 was at 397 – B Suryadev Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2023, the company reported a revenue of ₹58.92 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.66 Lakh (net margin -19.8%) and EBITDA of -₹72,954 (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 18% over five years.
Company details
Contact details
Akrk Realcon Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address397 – B Suryadev Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Akrk Realcon 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 Akrk Realcon 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 Akrk Realcon Private Limited, buy the company report.
Financials of Akrk Realcon Private Limited
FY 2023 filings availableAkrk Realcon Private Limited reported revenue of ₹58.92 Lakh (up 177% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 177% growth in the latest year. EBITDA fell 101% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹72,954 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.66 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | ||||
| Net Profit Margin | -19.8% | ||||
| 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 Akrk Realcon Private Limited, buy the company report.
Board of directors of Akrk Realcon Private Limited
Akrk Realcon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjeet Kaur Mutneja Also directs: Akrk Realcon LLP, J.M.Springs Private Limited | Director | 28 Apr 2016 | 10 Years 6 Months | As last reported |
| Jasbir Singh Mutneja Also directs: Akrk Realcon LLP, J.M.Springs Private Limited | Director | 28 Apr 2016 | 10 Years 6 Months | As last reported |
Auditor
Akrk Realcon Private Limited is audited by MAK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAK & ASSOCIATES | FY 2017 | 003060C |
Shareholding
The shareholding of Akrk Realcon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Akrk Realcon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akrk Realcon 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 Akrk Realcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akrk Realcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AALCA4129L1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akrk Realcon Private Limited, buy the company report.
Recent activity
Akrk Realcon Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ashish Nigam ceased to be Director on 30 Apr 2016.
Frequently asked questions
Akrk Realcon has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Akrk Realcon was a private limited company based in Indore, Madhya Pradesh, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 10 September 2012 and is registered under CIN U70101MP2012PTC029129. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Akrk Realcon is U70101MP2012PTC029129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akrk Realcon had 2 directors:
- Manjeet Kaur Mutneja - Director
- Jasbir Singh Mutneja - Director
Akrk Realcon was incorporated on 10 September 2012. It is registered with the Registrar of Companies, Gwalior.
The registered office of Akrk Realcon is at 397 – B Suryadev Nagar, Indore, Madhya Pradesh, India – 452001.
The latest financial statements of Akrk Realcon 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 GSTIN of Akrk Realcon is 23AALCA4129L1ZM, registered in Madhya Pradesh.
Akrk Realcon operated in the financial services industry, in the real estate financing segment.
Ashish Nigam ceased to be Director on 30 Apr 2016. Rajesh Shah ceased to be Director on 30 Apr 2016. Jasbir Singh Mutneja was appointed as Director on 28 Apr 2016. Akrk Realcon has 4 board changes on record in total.
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.
