About Ankur Property Developers Private Limited
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Ankur Property Developers Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24111GJ1994PTC023704. Its GSTIN is 24AABCA8117G1Z1 (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It was formerly known as Ankur Oxygen Private Limited. It is led by directors including Chitaranjan Tulshibhai Patel (Managing Director) and Nanjibhai Jadavbhai Patel.
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 Office No.7 & 8 Amardeep Complex Sanskar Mandal Chowk, Bhavnagar, Gujarat, India – 364002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.57 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹15.44 Lakh (net margin 9.8%) and EBITDA of ₹29.91 Lakh (EBITDA margin 19.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹3.7 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ankur-property-developers-private-limited.business.site.
Company details
Contact details
Ankur Property Developers Private Limited's registered office is in Bhavnagar, Gujarat. Its website is ankur-property-developers-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.7 & 8 Amardeep Complex Sanskar Mandal Chowk, Bhavnagar, Gujarat, India – 364002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ankur 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 Ankur Property Developers 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 Ankur Property Developers Private Limited, buy the company report.
Financials of Ankur Property Developers Private Limited
FY 2024 filings availableAnkur Property Developers Private Limited reported revenue of ₹1.57 Cr (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 62% fall in the latest year. EBITDA fell 43% 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 | ₹29.91 Lakh | ||||
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| Net Profit (PAT) | ₹15.44 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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| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Ankur Property Developers Private Limited, buy the company report.
Board of directors of Ankur Property Developers Private Limited
Ankur Property Developers has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chitaranjan Tulshibhai Patel Also directs: Akshar Oxygen Private Limited | Managing Director | 11 Jun 2005 | 21 Years 4 Months | Current |
| Nanjibhai Jadavbhai Patel | Director | 26 Mar 2006 | 20 Years 7 Months | Current |
| Shivali K Patel | Director | 19 Jul 2013 | 13 Years 3 Months | Current |
| Kunal Chittranjanbhai Patel | Director | 01 Jan 2012 | 14 Years 10 Months | Current |
Peer comparison
Ankur Property Developers Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Idea International Housing & Contruction Private Limited | ₹1.57 Cr (FY 2023) | -55.0% | New Delhi, Delhi, India | |||
| Ankur Property Developers Private Limitedthis company | ₹1.57 Cr (FY 2024) | ₹15.44 Lakh | 9.8% | -62.0% | Bhavnagar, Gujarat, India | |
| Khande Shitole Builders and Developers Private Limited | ₹1.57 Cr (FY 2024) | 22.0% | Beed, Maharashtra, India | |||
| Anjaneya Artery Infrastructures Private Limited | ₹1.57 Cr (FY 2021) | Tiruhengode, Tamil Nadu, India |
To see the full peer comparison of Ankur Property Developers Private Limited, buy the company report.
Auditor
Ankur Property Developers Private Limited is audited by P. M. BHAYANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. M. BHAYANI & CO. | FY 2023 | 140584W |
Shareholding
The shareholding of Ankur Property Developers 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ankur Property Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2011 | 10261237 | Bank of Baroda | ₹3.7 Cr | Satisfied |
To see the full charge records of Ankur Property Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ankur Property Developers Private Limited has 2 court cases on record: 1 filed by Ankur Property Developers, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhavnagar, Gujarat | Court case (SPCS) | Filed against the company by individuals | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against Pashchim Gujarat Vij Co. Ltd. and 1 other | Pending |
To see the full case history of Ankur 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 Ankur Property Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ankur Property Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8117G1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ankur Property Developers Private Limited, buy the company report.
Recent activity
Ankur Property Developers Private Limited has 10 board changes on record since 2005: 4 appointments and 6 cessations. The latest: Shivali K Patel ceased to be Additional Director on 30 Sep 2013.
4 earlier events are in the company report.
Frequently asked questions
Ankur Property Developers is an active private limited company based in Bhavnagar, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 November 1994 (32+ years old) and is registered under CIN U24111GJ1994PTC023704.
Ankur Property Developers has 4 current directors:
- Chitaranjan Tulshibhai Patel - Managing Director
- Nanjibhai Jadavbhai Patel - Director
- Shivali K Patel - Director
- Kunal Chittranjanbhai Patel - Director
The latest financial statements of Ankur Property Developers 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 Ankur Property Developers is 24AABCA8117G1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Ankur Property Developers is U24111GJ1994PTC023704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ankur Property Developers has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Ankur Property Developers was incorporated on 29 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ankur Property Developers by revenue are Idea International Housing & Contruction Private Limited, Khande Shitole Builders and Developers Private Limited, Anjaneya Artery Infrastructures Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Shivali K Patel ceased to be Additional Director on 30 Sep 2013. Shivali K Patel was appointed as Director on 19 Jul 2013. Kunal Chittranjanbhai Patel ceased to be Additional Director on 29 Sep 2012. Ankur Property Developers has 10 board changes on record in total.
Ankur Property Developers can be reached through the website ankur-property-developers-private-limited.business.site. Its registered office is in Bhavnagar, Gujarat, India.
The registered office of Ankur Property Developers is at Office No.7 & 8 Amardeep Complex Sanskar Mandal Chowk, Bhavnagar, Gujarat, India – 364002.
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