Area 24 Developers India Private Limited
About Area 24 Developers India Private Limited
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Area 24 Developers India Private Limited is a private limited company based in Bangalore North, Karnataka, India. It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 31 July 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U43900KA2023PTC176725.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Dakshayini and Arsikere Rudraprakash Arun.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.82 Lakh. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 4.2%) and EBITDA of ₹1.69 Lakh (EBITDA margin 5.7%).
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- Registered AddressHno 441 7 Tha Main 10th Cr, A Sector Hig In2Nd Stage, Bangalore North, Karnataka, India – 560064
- IndustryReal Estate and Construction, Real Estate Brokerage & Services, Real Estate Builders & Developers
- 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 Area 24 Developers India Private Limited
The main business activity of Area 24 Developers India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | 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 Area 24 Developers India Private Limited FY 2024 filings available
Area 24 Developers India Private Limited reported revenue of ₹29.82 Lakh for FY 2024.
Financial Statement Summary of Area 24 Developers India Private Limited
| Metrics | FY 2023-24 |
|---|---|
| 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 | ₹1.69 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹1.25 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 of Area 24 Developers India Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.7% |
| Net Profit Margin | 4.2% |
| 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 Area 24 Developers India are in the company report.
Financial statements from FY 2024
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 Area 24 Developers India Private Limited
Area 24 Developers India Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Builders and Developers, Real Estate Brokerage). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pyramid Towers Pvt. Ltd. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kundli Builders Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Two9 Construction and Developers Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Cherry Estate and Developers Private Limited. | •••• | •••• | •••• | •••• | - | Bijnor, Uttar Pradesh, India |
| Rudra Infraworks Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Area 24 Developers India Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Gowra Realty Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Adarsh Estates Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Dipchand Development Co Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Akms Sustainable Infra & Industrial Solutions Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Hiramoti Tracon Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Area 24 Developers India by revenue in the Consumer Services industry (Builders and Developers, Real Estate Brokerage), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Area 24 Developers India Private Limited
Area 24 Developers India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshayini | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
| Arsikere Rudraprakash Arun Also directs: Stagecstatic 365 Media House LLP, Nesthetix Design LLP, Citi Tranz EV Mobility Bharath Private Limited and 1 more | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
Charges & Borrowings of Area 24 Developers India Private Limited
Area 24 Developers India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Area 24 Developers India Private Limited
Employment history and EPFO contributions of people linked to Area 24 Developers India.
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 Area 24 Developers India Private Limited
Area 24 Developers India Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Arsikere Rudraprakash Arun was appointed as Director on 31 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Area 24 Developers India 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 Area 24 Developers India 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 Area 24 Developers India 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 Area 24 Developers India 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 Area 24 Developers India 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 Area 24 Developers India Private Limited
Area 24 Developers India is an active private limited company based in Bangalore North, Karnataka, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 31 July 2023 (3+ years old) and is registered under CIN U43900KA2023PTC176725.
Area 24 Developers India reported revenue of ₹29.82 Lakh for FY 2024.
Area 24 Developers India has 2 current directors:
- Dakshayini - Director
- Arsikere Rudraprakash Arun - Director
Area 24 Developers India reported a net profit of ₹1.25 Lakh (net margin 4.2%) and EBITDA of ₹1.69 Lakh (EBITDA margin 5.7%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Area 24 Developers India is U43900KA2023PTC176725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Area 24 Developers India was incorporated on 31 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Area 24 Developers India by revenue are Pyramid Towers Pvt. Ltd, Kundli Builders Private Limited, Two9 Construction and Developers Private Limited, Cherry Estate and Developers Private Limited, Rudra Infraworks Private Limited and 5 more, all in the Consumer Services industry (Builders and Developers, Real Estate Brokerage).
Arsikere Rudraprakash Arun was appointed as Director on 31 Jul 2023. Dakshayini was appointed as Director on 31 Jul 2023.
The registered office of Area 24 Developers India is at Hno 441 7 Tha Main 10th Cr, A Sector Hig In2Nd Stage, Bangalore North, Karnataka, India – 560064.
Area 24 Developers India has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000.
Area 24 Developers India operates in the real estate and construction industry, in the real estate brokerage and services segment.