About Akshara Avenues Private Limited
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Akshara Avenues Private Limited is a private limited company based in Hanamkonda, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70102TG2012PTC081484. Its GSTIN is 36AAKCA6295L1Z1 (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Srividya Perala and Srinivas Rao Perala.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H. No. 2 – 10 – 765 Bank Colony Waddepally 'X' Road Subedari, Hanamkonda, Telangana, India – 506370.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.69 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹93,140 (net margin 19.8%) and EBITDA of ₹1.31 Lakh (EBITDA margin 27.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 18% over five years.
The company is associated with 1 brand: Akshara Chit Funds.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharachits.com.
Company details
CIN history
Akshara Avenues has one previous CIN (Corporate Identification Number): U70102AP2012PTC081484. The current CIN is U70102TG2012PTC081484, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102TG2012PTC081484 | Current |
| U70102AP2012PTC081484 | Previous |
Contact details
Akshara Avenues Private Limited's registered office is in Hanamkonda, Telangana. Its website is aksharachits.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH. No. 2 – 10 – 765 Bank Colony Waddepally 'X' Road Subedari, Hanamkonda, Telangana, India – 506370
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akshara Avenues 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
Brands
Akshara Avenues operates one associated brand: Akshara Chit Funds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers diversified loan services for various financial needs. | aksharachits.com |
Business activity
The main business activity of Akshara Avenues is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Akshara Avenues Private Limited, buy the company report.
Financials of Akshara Avenues Private Limited
FY 2021 filings availableAkshara Avenues Private Limited reported revenue of ₹4.69 Lakh (up 10% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 10% growth in the latest year. EBITDA rose 31% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹4.69 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹93,140 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.8% | ||||
| Net Profit Margin | 19.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akshara Avenues Private Limited, buy the company report.
Board of directors of Akshara Avenues Private Limited
Akshara Avenues has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srividya Perala | Director | 08 Jul 2015 | 11 Years 3 Months | Current |
| Srinivas Rao Perala Also directs: Akshara Infradevelopers India Private Limited, Akshara Chit Funds Private Limited, Akshara Samruddhi Nidhi Limited and 5 more | Director | 15 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Akshara Avenues Private Limited is audited by NAROTHAM MADHAV & RAMESH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAROTHAM MADHAV & RAMESH | FY 2021 | 002407S |
Shareholding
The shareholding of Akshara Avenues 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 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akshara Avenues Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akshara Avenues 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 Akshara Avenues Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshara Avenues has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAKCA6295L1Z1 | Telangana | Active | 07 Feb 2020 |
To see the full GST registrations and return filing status of Akshara Avenues Private Limited, buy the company report.
Recent activity
Akshara Avenues Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Thirupathaiah Ragidi ceased to be Director on 04 Aug 2015.
Frequently asked questions
Akshara Avenues is an active private limited company based in Hanamkonda, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 June 2012 (14+ years old) and is registered under CIN U70102TG2012PTC081484.
Akshara Avenues has 2 current directors:
- Srividya Perala - Director
- Srinivas Rao Perala - Director
The latest financial statements of Akshara Avenues on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshara Avenues is 36AAKCA6295L1Z1, registered in Telangana.
The CIN (Corporate Identification Number) of Akshara Avenues is U70102TG2012PTC081484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshara Avenues was incorporated on 15 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Thirupathaiah Ragidi ceased to be Director on 04 Aug 2015. Srividya Perala was appointed as Director on 08 Jul 2015. Srinivas Rao Perala was appointed as Director on 15 Jun 2012.
Akshara Avenues can be reached through the website aksharachits.com. Its registered office is in Hanamkonda, Telangana, India.
The registered office of Akshara Avenues is at H. No. 2 – 10 – 765 Bank Colony Waddepally X Road Subedari, Hanamkonda, Telangana, India – 506370.
Akshara Avenues operates in the real estate and construction industry, in the real estate builders and developers segment.
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