Akshay Property Developers Private Limited
About Akshay Property Developers Private Limited
Data last updated:
Akshay Property Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 04 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U04520KA1988PTC009574.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.5 Lakh. It is led by directors Panemanalore Dayananda Pai and Panemangalore Satish Pai.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.10/1 Ground Floor Lakshminarayana Complex Palace Road Bangalore, Karnataka, India – 560052.
Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akshay Property Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.10/1 Ground Floor Lakshminarayana Complex Palace Road Bangalore, Karnataka, India – 560052
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Akshay Property 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
Business activity
The main business activity of Akshay Property Developers 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 |
Financials of Akshay Property Developers Private Limited
FY 2024 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Akshay Property Developers Private Limited, buy the company report.
Board of directors of Akshay Property Developers Private Limited
Akshay Property Developers 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 |
|---|---|---|---|---|
| Panemanalore Dayananda Pai Also directs: Jnana Bharathi Prakashana Limited, Township Creators Private Limited, Agara Techzone Private Limited and 5 more | Director | 28 Nov 2003 | 22 Years 11 Months | Current |
| Panemangalore Satish Pai Also directs: Township Creators Private Limited, Century Building Industries Private Limited, Hajees Enterprises Private Limited and 5 more | Director | 28 Nov 2003 | 22 Years 11 Months | Current |
Auditor
Akshay Property Developers Private Limited is audited by R.RAMAKRISHNAN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.RAMAKRISHNAN & CO. | FY 2017 | 002892S |
Shareholding
The shareholding of Akshay Property Developers 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) | |||
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| Others |
To see the full shareholding pattern of Akshay Property Developers Private Limited, buy the company report.
Legal cases
Akshay Property Developers Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 3 | 3 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (RP) | Filed against the company by M/S Township Creators Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Township Creators Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Akshay Property 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 Akshay Property 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 Akshay Property Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akshay Property Developers Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Dharmesh Dinesh Ranka ceased to be Director on 07 Aug 2019.
Frequently asked questions
Akshay Property Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 04 November 1988 (38+ years old) and is registered under CIN U04520KA1988PTC009574.
Akshay Property Developers has 2 current directors:
- Panemanalore Dayananda Pai - Director
- Panemangalore Satish Pai - Director
The latest financial statements of Akshay Property Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Akshay Property Developers is U04520KA1988PTC009574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshay Property Developers has 7 court cases on record: 7 filed against it. 1 is pending. Most are in the high courts.
Akshay Property Developers was incorporated on 04 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.
Dharmesh Dinesh Ranka ceased to be Director on 07 Aug 2019. Dinesh Devraj Ranka ceased to be Director on 14 Jun 2019. Panemanalore Dayananda Pai was appointed as Director on 28 Nov 2003. Akshay Property Developers has 4 board changes on record in total.
The registered office of Akshay Property Developers is at No.101 Ground Floor Lakshminarayana Complex Palace Road Bangalore, Karnataka, India – 560052.
Akshay Property Developers operates in the real estate industry, in the real estate leasing segment.
The compliance status of Akshay Property Developers is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.
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