MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0209827
Akshaya Private Limited - real estate and construction in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹190.46 Cr
▲ 106% YoY
Net profit · FY 2025
₹74.86 Cr
Net margin 39.3%
EBITDA · FY 2025
₹75.98 Cr
EBITDA margin 39.9%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹36.33 Cr
Issued & subscribed
Open charges
₹225.93 Cr
Satisfied ₹1,068.44 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
27
Provident fund records
About Akshaya Private Limited
Data last updated:
Akshaya 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 23 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45200TN2005PTC055753. Its GSTIN is 33AAFCA1708D1ZD (Tamil Nadu).
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹36.33 Cr. It was formerly known as Akshaya Homes Private Limited. It is led by directors Thangappan Chittybabu (Managing Director) and Ravi Janakiram.
Its last annual general meeting (AGM) was held on 07 June 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹190.46 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹74.86 Cr (net margin 39.3%) and EBITDA of ₹75.98 Cr (EBITDA margin 39.9%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 27 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹225.93 Cr and satisfied charges of ₹1,068.44 Cr on record. Court records list 189 cases involving the company, including 130 filed by the company and 59 filed against it; 25 cases are pending. The company has 10 deals on record (4 debt financings, 2 funding rounds, 2 rights issues), with disclosed funding of ₹276.78 Cr; the latest was in June 2021. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 4 larger and 1 smaller; the largest is Infinity Infotech Parks Limited with revenue of ₹191.16 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 170 overdue payments to 43 micro and small suppliers.
Akshaya Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0209827). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akshaya.com.
Company details
CIN U45200TN2005PTC055753
Registration Number 055753
Incorporation Date 23 March 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 June 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0209827
Recognitions & Rankings of Akshaya
Contact details
Akshaya Private Limited's registered office is in Chennai, Tamil Nadu. Its website is akshaya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Nelufer Enclave New No.28/ Old No.32, Second Main Road Kasturibhai Nagar, Chennai, Tamil Nadu, India – 600020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akshaya Private Limited, buy the company report.
Comprehensive company report
Akshaya 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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Business activity
The main business activity of Akshaya 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 |
To see the full business activity and turnover split of Akshaya Private Limited, buy the company report.
Financials of Akshaya Private Limited
FY 2024 filings availableAkshaya Private Limited reported revenue of ₹190.46 Cr (up 106% YoY) for FY 2025.
Revenue · FY 2025
₹190.46 Cr ▲ 106%
Net profit · FY 2025
₹74.86 Cr margin 39.3%
EBITDA · FY 2025
₹75.98 Cr margin 39.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 106%
3 years · compounded
▼ 11%
5 years · compounded
▼ 9%
EBITDA CAGR growth
3 years · compounded
▲ 56%
5 years · compounded
▲ 51%
Revenue rose 106% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹75.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.86 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 39.9% | ||||
| Net Profit Margin | 39.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akshaya Private Limited, buy the company report.
Board of directors of Akshaya Private Limited
Akshaya has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Janakiram Also directs: K S Realty Constructions Private Limited, Akshaya Signature Homes Private Limited, Akshaya Services Private Limited and 1 more | Director | 01 Jan 2007 | 19 Years 9 Months | Current |
| Thangappan Chittybabu Also directs: K S Realty Constructions Private Limited, Akshaya Signature Homes Private Limited, Akshaya Services Private Limited and 1 more | Managing Director | 23 Mar 2005 | 21 Years 7 Months | Current |
Peer comparison
Akshaya Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infinity Infotech Parks Limited | ₹191.16 Cr (FY 2025) | -26.0% | Kolkata, West Bengal, India | |||
| Parmeka Private Limited | ₹191.02 Cr (FY 2016) | Mumbai, Maharashtra, India | ||||
| Rishita Developers Private Limited | ₹190.87 Cr (FY 2023) | 59.0% | Lucknow, Uttar Pradesh, India | |||
| Shoden Developers Private Limited | ₹190.49 Cr (FY 2025) | -65.0% | Mumbai, Maharashtra, India | |||
| Akshaya Private Limitedthis company | ₹190.46 Cr (FY 2025) | ₹74.86 Cr | 39.3% | 106.0% | 27 | Chennai, Tamil Nadu, India |
| Nirmal Lifestyle Holding Private Limited | ₹189.11 Cr (FY 2016) | -27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Akshaya Private Limited, buy the company report.
Auditor
Akshaya Private Limited is audited by Sreedhar Suresh and Rajagopalan LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sreedhar Suresh and Rajagopalan LLP | FY 2023 | 003957S/S200145 |
Shareholding
The shareholding of Akshaya Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akshaya Private Limited, buy the company report.
Charges & borrowings
Open charges
₹225.93 Cr
Satisfied charges
₹1,068.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2022 | 100577684 | Others | ₹12.43 Cr | Open | |
| 07 Oct 2021 | 100499215 | Others | ₹24.5 Cr | Open | |
| 22 Feb 2019 | 100256167 | Others | ₹129 Cr | Open | |
| 21 May 2018 | 100204555 | Others | ₹60 Cr | Open | |
| 16 Apr 2019 | 100267065 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Akshaya Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Akshaya Private Limited has 10 deals on record (4 debt financings, 2 funding rounds, 2 rights issues), with disclosed funding of ₹276.78 Cr; the latest was in June 2021.
Total deals
10
Debt financings
4
Funding rounds
2
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹276.78 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Debt financing | ₹23 Cr | Investors: Axis Asset Management AIF |
| Apr 2019 | Debt financing | ₹40 Cr | Investors: Axis Asset Management AIF |
| Apr 2019 | Secondary share transfer | Undisclosed | Buyer: Axis RERA Opportunities Fund-I |
| Jun 2018 | Debt financing | ₹113.2 Cr | Investors: Motilal Oswal Real Estate |
| Mar 2017 | Debt financing | ₹92.2 Cr | Investors: Piramal Structured Finance |
To see the full deal history of Akshaya Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Akshaya Private Limited has 189 court cases on record: 130 filed by Akshaya, 59 filed against it. 25 cases are pending and 164 are disposed.
Total cases
189
Filed by the company
130
Filed against the company
59
Pending
25
Disposed
164
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 138 | 39 | 21 |
| District courts | 36 | 13 | 2 |
| Supreme Court | 8 | 0 | 0 |
| NCLT | 5 | 5 | 1 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 189)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed by the company against B.L.Kashyap and Sons Limited | Pending |
| Madras High Court | Arbitration matter | Filed by the company against B.L.Kashyap and Sons Limited | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Srinivasan Associates Private Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Srinivasan Associates Private Limited | Disposed |
| Madras High Court | Original application | Filed against the company by B L Kashyap and Sons Ltd | Disposed |
To see the full case history of Akshaya 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
Akshaya Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 170 overdue payments to 43 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| SMH Hardware Traders | |||
| Adnan Allied Concern Chenna | |||
| Boson Infra India Private Limited | |||
| Clearwater Pools Private Limited |
To see the full MSME payment records of Akshaya Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Akshaya has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| K S Realty Constructions Private Limited | U45201TN2006PTC140277 | |
| Akshaya Signature Homes Private Limited | U45206TN2013PTC089792 | |
| Akshaya Leisure Private Limited | U74999TN2015PTC099206 |
To see the full group structure of Akshaya Private Limited, buy the company report.
Employees & EPFO
Akshaya Private Limited has a workforce of 27 employees on its EPFO records as of Jan 17, 2025, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
-68.97%
GST
Akshaya has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA1708D1ZD | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshaya Private Limited, buy the company report.
Recent activity
Akshaya Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Jagadeesan Nithya ceased to be Director on 05 Feb 2022.
AGM
Akshaya Private Limited last Annual general meeting of members was held on 07 Jun 2025 as per latest MCA records.
Charges
A charge registered on 16 Apr 2019 via Charge ID 100267065 with Others was fully satisfied on 13 May 2025.
Charges
A charge with Others of Rs. 129.00 Cr registered on 22 Feb 2019 with Charge ID 100256167 was modified on 07 Jun 2024.
Filing
Akshaya Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 05 Apr 2018 via Charge ID 100177766 with Others was fully satisfied on 30 Mar 2024.
Charges
A charge with Others of Rs. 60.00 Cr registered on 21 May 2018 with Charge ID 100204555 was modified on 06 Apr 2023.
Charges
A charge registered on 24 Jul 2018 via Charge ID 100227384 with Others was fully satisfied on 30 May 2022.
Charges
A charge with Others amounted to Rs. 12.43 Cr with Charge ID 100577684 was registered on 28 Mar 2022.
Ceased
Jagadeesan Nithya ceased to be Director.
Ceased
Srikanth Koorapati ceased to be Additional Director.
Charges
A charge with Others of Rs. 60.00 Cr registered on 16 Apr 2019 with Charge ID 100267065 was modified on 30 Dec 2021.
Charges
A charge with Others of Rs. 24.50 Cr registered on 07 Oct 2021 with Charge ID 100499215 was modified on 24 Dec 2021.
77 earlier events are in the company report.
Frequently asked questions
Akshaya 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 23 March 2005 (21+ years old) and is registered under CIN U45200TN2005PTC055753.
Akshaya has 2 current directors:
- Thangappan Chittybabu - Managing Director
- Ravi Janakiram - Director
The latest financial statements of Akshaya on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Akshaya is 33AAFCA1708D1ZD, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Akshaya is U45200TN2005PTC055753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshaya has 189 court cases on record: 130 filed by the company and 59 filed against it. 25 are pending. Most are in the high courts.
Akshaya was incorporated on 23 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Akshaya has 10 deals on record (4 debt financings, 2 funding rounds, 2 rights issues), with disclosed funding of ₹276.78 Cr; the latest was in June 2021.
The peers of Akshaya by revenue are Infinity Infotech Parks Limited, Parmeka Private Limited, Rishita Developers Private Limited, Shoden Developers Private Limited, Nirmal Lifestyle Holding Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Jagadeesan Nithya ceased to be Director on 05 Feb 2022. Srikanth Koorapati ceased to be Additional Director on 31 Dec 2021. Sunil Kumar Deo ceased to be Company Secretary on 07 Sep 2020. Akshaya has 6 board changes on record in total.
Yes, Akshaya is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0209827).
Akshaya has 7 MSME Form 1 returns on record between 2019 and 2024, listing 170 overdue payments to 43 micro and small suppliers. The latest return was filed on 02 May 2024.