Alacrity Foundations Private Limited
About Alacrity Foundations Private Limited
Data last updated:
Alacrity 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 19 July 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN1978PTC007557. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.45 Lakh. It is led by directors Ajit Hattikudur and Ashok Rao Karnad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kriti Apartments Flat No 1 Block B Door No Old No 3/2 New No.7, Adbul Razack First Street Saidapet Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2023, the company reported a revenue of ₹78.95 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹92.1 Lakh (net margin -116.7%) and EBITDA of ₹78.95 Lakh (EBITDA margin 100%).
As per MCA filings, the company has open charges of ₹25.46 Cr on record. Court records list 17 cases involving the company, including 15 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Alacrity Foundations Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressKriti Apartments Flat No 1 Block B Door No Old No 3/2 New No.7, Adbul Razack First Street Saidapet Chennai, Tamil Nadu, India – 600015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Alacrity Foundations 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 Alacrity 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 Alacrity Foundations Private Limited, buy the company report.
Financials of Alacrity Foundations Private Limited
FY 2025 filings availableAlacrity Foundations Private Limited reported revenue of ₹78.95 Lakh (down 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹78.95 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹78.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹92.1 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | -116.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Alacrity Foundations Private Limited, buy the company report.
Board of directors of Alacrity Foundations Private Limited
Alacrity Foundations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Hattikudur Also directs: Alacrity Housing Limited | Director | 11 Apr 2019 | 7 Years 6 Months | Current |
| Ashok Rao Karnad Also directs: Alacrity Housing Limited | Director | 06 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Alacrity Foundations Private Limited is audited by VATHSANGAM R for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VATHSANGAM R | FY 2023 | 018978 |
Shareholding
The shareholding of Alacrity Foundations 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 Alacrity Foundations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2006 | 10010527 | State Bank of India | ₹3.8 Cr | Open | |
| 12 Jan 2000 | 90303316 | Icici Ltd. | ₹17 Cr | Open | |
| 03 Feb 1998 | 90301367 | Union Bank of India | ₹50 Lakh | Open | |
| 10 Nov 1997 | 90301368 | Bankof Madura Ltd. | ₹2.45 Cr | Open | |
| 08 Jan 1996 | 90301972 | Bank of Madura Ltd. | ₹50 Lakh | Open |
To see the full charge records of Alacrity Foundations Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Alacrity Foundations Private Limited has 17 court cases on record: 15 filed by Alacrity Foundations, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against Alacrity Electronics Ltd. and 2 others | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company | Disposed |
| High Court, TAMIL NADU | Court case (CRL RC) | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Court case (WPMP) | Filed by the company against The Regional Provident Fund and 2 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against The Regional Provident Fund and 2 others | Disposed |
To see the full case history of Alacrity Foundations 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 Alacrity Foundations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Alacrity Foundations has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Alacrity Foundations Private Limited, buy the company report.
Recent activity
Alacrity Foundations Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Ajit Hattikudur ceased to be Additional Director on 30 Sep 2019.
12 earlier events are in the company report.
Frequently asked questions
Alacrity 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 19 July 1978 (48+ years old) and is registered under CIN U45201TN1978PTC007557.
Alacrity Foundations has 2 current directors:
- Ajit Hattikudur - Director
- Ashok Rao Karnad - Director
The latest financial statements of Alacrity Foundations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Alacrity Foundations has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Alacrity Foundations is U45201TN1978PTC007557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alacrity Foundations has 17 court cases on record: 15 filed by the company and 2 filed against it. Most are in the high courts.
Alacrity Foundations was incorporated on 19 July 1978, making it 48+ years old. It is registered with the Registrar of Companies, Chennai.
Ajit Hattikudur ceased to be Additional Director on 30 Sep 2019. Ajit Hattikudur was appointed as Director on 11 Apr 2019. Dilip Dnyaneshwar Dharmasthal ceased to be Director on 11 Apr 2019. Alacrity Foundations has 6 board changes on record in total.
The registered office of Alacrity Foundations is at Kriti Apartments Flat No 1 Block B Door No Old No 32 New No.7, Adbul Razack First Street Saidapet Chennai, Tamil Nadu, India – 600015.
Alacrity Foundations operates in the real estate and construction industry, in the real estate builders and developers segment.