Akruti City Private Limited
About Akruti City Private Limited
Data last updated:
Akruti City Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 March 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2012PTC227814.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Khilen Vyomesh Shah and Rushank Vyomesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Unit No. 117 First Floor Rehab Building No. 4 Road No. 7 Marol MIDC Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2019, the company reported a revenue of ₹16,300. For the same year it recorded a net loss of ₹38,604 (net margin -236.8%) and EBITDA of -₹38,604 (EBITDA margin -236.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Akruti City Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 117 First Floor Rehab Building No. 4 Road No. 7 Marol MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akruti City 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 Akruti City Private Limited
FY 2019 filings availableAkruti City Private Limited reported revenue of ₹16,300 for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. EBITDA fell 235% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹38,604 | ||||
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| Net Profit (PAT) | -₹38,604 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -236.8% | ||||
| Net Profit Margin | -236.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akruti City Private Limited, buy the company report.
Board of directors of Akruti City Private Limited
Akruti City has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khilen Vyomesh Shah | Director | 01 Jun 2012 | 14 Years 5 Months | As last reported |
| Rushank Vyomesh Shah Also directs: Funsolar Energy LLP, Aradhana Lifespace LLP, MVSR Developers and Trading LLP and 5 more | Director | 01 Jun 2012 | 14 Years 5 Months | As last reported |
Peer comparison
Akruti City 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 |
|---|---|---|---|---|---|---|
| Nipunj Infrastucture Private Limited | ₹16,303 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Akruti City Private Limitedthis company | ₹16,300 (FY 2019) | -₹38,604 | -236.8% | Mumbai, Maharashtra, India | ||
| Lumiere Realty Innovations Private Limited | ₹16,300 (FY 2025) | Kolkata, West Bengal, India | ||||
| Wellman Developers Private Limited | ₹16,300 (FY 2023) | -35.0% | Kolkata, West Bengal, India | |||
| Wellman Metals & Minerals Private Limited | ₹16,300 (FY 2024) | -31.0% | Kolkata, West Bengal, India | |||
| Purbanchal Estates Pvt Ltd | ₹16,300 (FY 2025) | -87.0% | Kolkata, West Bengal, India | |||
| Unicorn Housing Private Limited. | ₹16,250 (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Amanora Health Care Limited | ₹16,230 (FY 2016) | -16.0% | Pune, Maharashtra, India | |||
| Devraa Industries (India) Private Limited | ₹16,208 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Marcus Holdings Private Limited | ₹16,200 (FY 2025) | 95.0% | New Delhi, Delhi, India | |||
| Jeevan Farms Pvt Ltd | ₹16,200 (FY 2024) | 17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Akruti City Private Limited, buy the company report.
Shareholding
The shareholding of Akruti City Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akruti City Private Limited, buy the company report.
Legal cases
Akruti City Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (PIL) | Filed against the company | Disposed |
To see the full case history of Akruti City 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 Akruti City 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 Akruti City Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akruti City Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Kiran Vinod Contractor ceased to be Director on 12 Mar 2015.
Frequently asked questions
Akruti City has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akruti City was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 March 2012 and is registered under CIN U70102MH2012PTC227814. The company has been struck off by the Registrar of Companies and is no longer operational.
Akruti City had 2 directors:
- Khilen Vyomesh Shah - Director
- Rushank Vyomesh Shah - Director
The CIN (Corporate Identification Number) of Akruti City is U70102MH2012PTC227814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akruti City is at Unit No. 117 First Floor Rehab Building No. 4 Road No. 7 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
Akruti City was incorporated on 07 March 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Akruti City on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Akruti City operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
The peers of Akruti City by revenue are Nipunj Infrastucture Private Limited, Lumiere Realty Innovations Private Limited, Wellman Developers Private Limited, Wellman Metals & Minerals Private Limited, Purbanchal Estates Pvt Ltd and 5 more, all in the Real Estate industry (Builders and Developers).
Akruti City has 2 court cases on record: 2 filed against it.
Kiran Vinod Contractor ceased to be Director on 12 Mar 2015. Khilen Vyomesh Shah ceased to be Additional Director on 02 Sep 2013. Rushank Vyomesh Shah ceased to be Additional Director on 02 Sep 2013. Akruti City has 7 board changes on record in total.
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