Akshayneel Construction Private Limited
About Akshayneel Construction Private Limited
Data last updated:
Akshayneel Construction Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the building construction segment of the construction sector. It was incorporated on 11 June 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC171522.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It was led by directors Moon Nilesh Shrote and Sunny Nilesh Shrote.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at B – 22 Row House Lokpuram Po Resi 3 – Phase Kh II, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.16 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹33,969 (net margin -29.3%) and EBITDA of -₹33,969 (EBITDA margin -29.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 23% over five years.
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- Registered AddressB – 22 Row House Lokpuram Po Resi 3 – Phase Kh II, Thane, Maharashtra, India – 400607
- IndustryConstruction, Buildings
- 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
- One PDF report, delivered after checkout
Business Activity of Akshayneel Construction Private Limited
The main business activity of Akshayneel Construction is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Akshayneel Construction Private Limited FY 2021 filings available
Akshayneel Construction Private Limited reported revenue of ₹1.16 Lakh (down 19% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Akshayneel Construction Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 19% fall in the latest year. EBITDA fell 393% 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 of Akshayneel Construction Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹33,969 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33,969 | •••• | •••• | •••• | •••• |
| 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 of Akshayneel Construction Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akshayneel Construction are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Akshayneel Construction Private Limited
Akshayneel Construction Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Buildings). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anastu Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Utku Services Private Limited | •••• | •••• | •••• | •••• | - | Reasi, Jammu & Kashmir, India |
| Zoffo Fountains Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Laclion Private Limited | •••• | •••• | •••• | •••• | - | Bilaspur, Chattisgarh, India |
| Shantai Realty (India) Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Akshayneel Construction Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Green Valley Nest Private Limited | •••• | •••• | •••• | •••• | - | Patna, Bihar, India |
| Nandanandana Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Irom Construction Services Private Limited | •••• | •••• | •••• | •••• | - | Imphal, Manipur, India |
| Maya Khushi Homes Private Limited | •••• | •••• | •••• | •••• | - | Bokaro Steel City, Jharkhand, India |
| Somens Infra Private Limited | •••• | •••• | •••• | •••• | - | Rourkela, Orissa, India |
Peers are the five companies nearest above and the five nearest below Akshayneel Construction by revenue in the same principal business activity (Buildings), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Akshayneel Construction Private Limited
Akshayneel Construction Private Limited is audited by Lalit Bajaj & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Lalit Bajaj & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Akshayneel Construction Private Limited
Akshayneel Construction has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moon Nilesh Shrote | Director | 04 May 2021 | 5 Years 5 Months | As last reported |
| Sunny Nilesh Shrote Also directs: Ucon Construction Private Limited | Director | 14 Mar 2012 | 14 Years 6 Months | As last reported |
Ownership and Shareholding of Akshayneel Construction Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Akshayneel Construction Private Limited
Akshayneel Construction Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Akshayneel Construction Private Limited
Employment history and EPFO contributions of people linked to Akshayneel Construction.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Akshayneel Construction Private Limited
Akshayneel Construction Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Moon Nilesh Shrote was appointed as Director on 04 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Akshayneel Construction Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Akshayneel Construction Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Akshayneel Construction Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Akshayneel Construction Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Akshayneel Construction Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Akshayneel Construction Private Limited
Akshayneel Construction has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akshayneel Construction was a private limited company based in Thane, Maharashtra, India. The company worked in buildings, within the construction industry. It was incorporated on 11 June 2007 and is registered under CIN U45400MH2007PTC171522. The company has been struck off by the Registrar of Companies and is no longer operational.
Akshayneel Construction had 2 directors:
- Moon Nilesh Shrote - Director
- Sunny Nilesh Shrote - Director
The CIN (Corporate Identification Number) of Akshayneel Construction is U45400MH2007PTC171522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akshayneel Construction is at B – 22 Row House Lokpuram Po Resi 3 – Phase Kh II, Thane, Maharashtra, India – 400607.
Akshayneel Construction was incorporated on 11 June 2007. It is registered with the Registrar of Companies, Mumbai.
Akshayneel Construction reported revenue of ₹1.16 Lakh for FY 2021 (down 19% YoY).
Akshayneel Construction has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh.
Akshayneel Construction reported a net loss of ₹33,969 (net margin -29.3%) and EBITDA of -₹33,969 (EBITDA margin -29.3%) for FY 2021, as per its filed financial statements.
Akshayneel Construction operated in the construction industry, in the buildings segment. It worked in this industry before it was struck off.
The compounded annual growth rate (CAGR) of the revenue of Akshayneel Construction is -36% over three years and -23% over five years. In the latest year (FY 2021) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.