MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0124263
Akshaya Foundations Private Limited
Akshaya Foundations Private Limited - real estate and construction in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.69 Cr
▲ 87% YoY
Net profit · FY 2024
₹10.9 Lakh
Net margin 3%
EBITDA · FY 2024
₹12.58 Lakh
EBITDA margin 3.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹49.45 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Akshaya Foundations Private Limited
Data last updated:
Akshaya Foundations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70200TN2011PTC079553. Its GSTIN is 33AAJCA3129J2ZS (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Akshaya Property Developers (Chennai) Private Limited. It is led by directors Kumarasamy Sakthivel (Managing Director) and Prema Sakthivel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No..3 Omega Enclave Old No.112/2 – L New No.6 Karaneeswarar Koil Street Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.69 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹10.9 Lakh (net margin 3%) and EBITDA of ₹12.58 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 98% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹49.45 Lakh on record.
Akshaya Foundations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0124263). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70200TN2011PTC079553
Registration Number 079553
Incorporation Date 09 March 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0124263
Recognitions & Rankings of Akshaya Foundations
Contact details
Akshaya Foundations Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No..3 Omega Enclave Old No.112/2 – L New No.6 Karaneeswarar Koil Street Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akshaya Foundations Private Limited, buy the company report.
Comprehensive company report
Akshaya Foundations Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Akshaya Foundations 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 Akshaya Foundations Private Limited, buy the company report.
Financials of Akshaya Foundations Private Limited
FY 2024 filings availableAkshaya Foundations Private Limited reported revenue of ₹3.69 Cr (up 87% YoY) for FY 2024.
Revenue · FY 2024
₹3.69 Cr ▲ 87%
Net profit · FY 2024
₹10.9 Lakh margin 3%
EBITDA · FY 2024
₹12.58 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 98%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 18%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 87% growth in the latest year. EBITDA rose 58% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.58 Lakh | ||||
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| Net Profit (PAT) | ₹10.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Akshaya Foundations Private Limited, buy the company report.
Board of directors of Akshaya Foundations Private Limited
Akshaya Foundations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prema Sakthivel | Director | 09 Mar 2011 | 15 Years 7 Months | Current |
| Kumarasamy Sakthivel | Managing Director | 09 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Akshaya Foundations Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Palm Heights Private Limited | ₹3.69 Cr (FY 2024) | 436.0% | Mohali, Punjab, India | |||
| Manosh Elias Constructions Private Limited | ₹3.69 Cr (FY 2024) | -61.0% | Kochi, Kerala, India | |||
| Sharma Sarkar Construction Private Limited | ₹3.69 Cr (FY 2025) | 32.0% | Naihati, West Bengal, India | |||
| Akshaya Foundations Private Limitedthis company | ₹3.69 Cr (FY 2024) | ₹10.9 Lakh | 3% | 87.0% | Chennai, Tamil Nadu, India | |
| Dee and A Solutions Private Limited | ₹3.68 Cr (FY 2024) | 730.0% | Guwahati, Assam, India |
To see the full peer comparison of Akshaya Foundations Private Limited, buy the company report.
Shareholding
The shareholding of Akshaya Foundations Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Akshaya Foundations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹49.45 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2020 | 100354195 | Others | ₹6.5 Lakh | Open | |
| 22 May 2015 | 10576067 | The Karur Vysya Bank Ltd | ₹17.95 Lakh | Open | |
| 07 Apr 2014 | 10516301 | Karur Vysya Bank | ₹25 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Akshaya Foundations 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 Akshaya Foundations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akshaya Foundations has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCA3129J2ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshaya Foundations Private Limited, buy the company report.
Recent activity
Akshaya Foundations Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Kumarasamy Sakthivel was appointed as Managing Director on 09 Mar 2011.
AGM
Akshaya Foundations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Akshaya Foundations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 6.50 Lakh with Charge ID 100354195 was registered on 04 Jun 2020.
Charges
A charge with The Karur Vysya Bank Ltd amounted to Rs. 17.95 Lakh with Charge ID 10576067 was registered on 22 May 2015.
Charges
A charge with Karur Vysya Bank amounted to Rs. 25.00 Lakh with Charge ID 10516301 was registered on 07 Apr 2014.
Appointed
Kumarasamy Sakthivel was appointed as Managing Director.
Appointed
Prema Sakthivel was appointed as Director.
Incorporation
09 Mar 2011
Akshaya Foundations Private Limited was registered on 09 Mar 2011 with Roc Chennai & aged 15 years 7 months as per MCA records.
Frequently asked questions
Akshaya Foundations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 March 2011 (15+ years old) and is registered under CIN U70200TN2011PTC079553.
Akshaya Foundations has 2 current directors:
- Kumarasamy Sakthivel - Managing Director
- Prema Sakthivel - Director
The latest financial statements of Akshaya Foundations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshaya Foundations is 33AAJCA3129J2ZS, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Akshaya Foundations is U70200TN2011PTC079553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshaya Foundations was incorporated on 09 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Akshaya Foundations by revenue are Palm Heights Private Limited, Manosh Elias Constructions Private Limited, Sharma Sarkar Construction Private Limited, Dee and A Solutions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kumarasamy Sakthivel was appointed as Managing Director on 09 Mar 2011. Prema Sakthivel was appointed as Director on 09 Mar 2011.
Yes, Akshaya Foundations is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0124263).
The registered office of Akshaya Foundations is at Flat No..3 Omega Enclave Old No.1122 – L New No.6 Karaneeswarar Koil Street Mylapore, Chennai, Tamil Nadu, India – 600004.
Akshaya Foundations operates in the real estate and construction industry, in the real estate builders and developers segment.