About Akshar Commercial Complex Private Limited
Data last updated:
Akshar Commercial Complex Private Limited was a private limited company based in Mumbai, Maharashtra, 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 development and construction segment of the real estate and construction sector. It was incorporated on 25 September 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2007PTC174456. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹51.54 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 226 Big Splash Plot No. 78/79 Sector – 17 Vashi, Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.2 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹78.49 Lakh (net margin 35.7%) and EBITDA of ₹2.2 Cr (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has satisfied charges of ₹8.19 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending.
The last known website on record is akshardevelopers.com.
Company details
Contact details
Akshar Commercial Complex Private Limited's registered office is in Mumbai, Maharashtra. Its website is akshardevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address226 Big Splash Plot No. 78/79 Sector – 17 Vashi, Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akshar Commercial Complex 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 Akshar Commercial Complex Private Limited
FY 2018 filings availableAkshar Commercial Complex Private Limited reported revenue of ₹2.2 Cr (up 14% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 61% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.2 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.2 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹78.49 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 100% | |||
| Net Profit Margin | 35.7% | |||
| 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 Akshar Commercial Complex Private Limited, buy the company report.
Board of directors of Akshar Commercial Complex Private Limited
Akshar Commercial Complex has 4 former directors on record and no current directors listed.
Peer comparison
Akshar Commercial Complex 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 |
|---|---|---|---|---|---|---|
| Tejaswi Infraatech Private Limited | ₹2.2 Cr (FY 2023) | -59.0% | Darbhanga, Bihar, India | |||
| Rabiya Constructions, Builders and Developers Private Limited | ₹2.2 Cr (FY 2022) | 1309.0% | Hyderabad, Telangana, India | |||
| RJB Habitats Private Limited | ₹2.2 Cr (FY 2025) | Nagpur, Maharashtra, India | ||||
| Express Marketing Private Limited | ₹2.2 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Oxotel Fintech Solutions Private Limited | ₹2.2 Cr (FY 2023) | 347.0% | Mumbai, Maharashtra, India | |||
| Akshar Commercial Complex Private Limitedthis company | ₹2.2 Cr (FY 2018) | ₹78.49 Lakh | 35.7% | 14.0% | Mumbai, Maharashtra, India | |
| Dzongri Traders Private Limited | ₹2.2 Cr (FY 2022) | 128.0% | Siliguri, West Bengal, India | |||
| Sabitri Homes Private Limited | ₹2.2 Cr (FY 2025) | 696.0% | Siliguri, West Bengal, India | |||
| Ritesh Infra Arch Structural Private Limited | ₹2.2 Cr (FY 2024) | 7.0% | Amravati, Maharashtra, India | |||
| Sewaartham Enterprises Private Limited | ₹2.19 Cr (FY 2025) | 54.0% | Delhi, India | |||
| Sunitha Infrastructures Private Limited | ₹2.19 Cr (FY 2019) | Secunderabad, Telangana, India |
To see the full peer comparison of Akshar Commercial Complex Private Limited, buy the company report.
Shareholding
The shareholding of Akshar Commercial Complex Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Akshar Commercial Complex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2014 | 10503641 | Indusind Bank Limited | ₹8.19 Cr | Satisfied |
To see the full charge records of Akshar Commercial Complex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Akshar Commercial Complex Private Limited has 4 court cases on record: 1 filed by Akshar Commercial Complex, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Execution petition | Filed against the company by Alstrong Enterprises India Pvt. Ltd. | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Alstrong Enterprises India Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed against the company by Alstrong Enterpies India Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against Dy. Commissioner of Income Tax, Circle 15 (1) , Mumbai | Pending |
To see the full case history of Akshar Commercial Complex 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 Akshar Commercial Complex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshar Commercial Complex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Akshar Commercial Complex Private Limited, buy the company report.
Recent activity
Akshar Commercial Complex Private Limited has 4 board changes on record since 2013: 0 appointments and 4 cessations. The latest: Bachubhai Dharamsi Arethiya ceased to be Director on 13 Jan 2019.
Frequently asked questions
Akshar Commercial Complex 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.
Akshar Commercial Complex 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 25 September 2007 and is registered under CIN U45200MH2007PTC174456. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Akshar Commercial Complex is U45200MH2007PTC174456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshar Commercial Complex was incorporated on 25 September 2007. It is registered with the Registrar of Companies, Mumbai.
Akshar Commercial Complex can be reached through the website akshardevelopers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Akshar Commercial Complex is at 226 Big Splash Plot No. 7879 Sector – 17 Vashi, Mumbai, Maharashtra, India – 400705.
The latest financial statements of Akshar Commercial Complex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Akshar Commercial Complex has 1 GST registration on record and it is cancelled or inactive.
Akshar Commercial Complex operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Akshar Commercial Complex by revenue are Tejaswi Infraatech Private Limited, Rabiya Constructions, Builders and Developers Private Limited, RJB Habitats Private Limited, Express Marketing Private Limited, Oxotel Fintech Solutions Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Akshar Commercial Complex has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.