About Axiom Real Estate Developers Private Limited
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Axiom Real Estate Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Axiom Realty Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2007PTC175885. Its GSTIN is 27AADCK2292E1ZN (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.99 Lakh. It was formerly known as Kpr Buildcon Private Limited. It is led by directors Imtiaz Abdul Majid Penwala and Mitesh Jayvant Jadhav.
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 is at A – 612 Express Zone Off. Western Express Highway Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.47 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net loss of ₹29.57 Lakh (net margin -8.5%) and EBITDA of -₹25.6 Lakh (EBITDA margin -7.4%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 47% over five years.
As per MCA filings, the company has satisfied charges of ₹26 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 1 deal on record (1 acquisition); the latest was in March 2015. Its 3 peer companies in the Outsourcing industry (Builders and Developers, Consulting Services), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Framework Infrastructure Private Limited with revenue of ₹3.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axiomgroups.in.
Company details
Name history
Axiom Real Estate Developers has undergone 2 name changes throughout its history. The company was previously known as Axiom Real Estate Developers Private Limited, and Kpr Buildcon Private Limited. The current legal name is Axiom Real Estate Developers Private Limited.
| Company Name | Status |
|---|---|
| Axiom Real Estate Developers Private Limited | Current |
| Kpr Buildcon Private Limited | Previous |
Contact details
Axiom Real Estate Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is axiomgroups.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA – 612 Express Zone Off. Western Express Highway Malad East, Mumbai, Maharashtra, India – 400097
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Axiom Real Estate 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 Axiom Real Estate 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 Axiom Real Estate Developers Private Limited, buy the company report.
Financials of Axiom Real Estate Developers Private Limited
FY 2021 filings availableAxiom Real Estate Developers Private Limited reported revenue of ₹3.47 Cr (down 49% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA rose 78% 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
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| EBITDA | -₹25.6 Lakh | ||||
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| Net Profit (PAT) | -₹29.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -7.4% | ||||
| Net Profit Margin | -8.5% | ||||
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To see the full financial statements and ratios of Axiom Real Estate Developers Private Limited, buy the company report.
Board of directors of Axiom Real Estate Developers Private Limited
Axiom Real Estate Developers has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imtiaz Abdul Majid Penwala | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
| Mitesh Jayvant Jadhav Also directs: RMK Enterprises LLP, MK Lunch Home LLP, Shivraj Hotels and Resorts Private Limited and 3 more | Director | 16 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Axiom Real Estate Developers Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Builders and Developers, Consulting Services), 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 |
|---|---|---|---|---|---|---|
| Framework Infrastructure Private Limited | ₹3.47 Cr (FY 2017) | 82.0% | Chennai, Tamil Nadu, India | |||
| Sonnet Builders and Developers Private Limited | ₹3.47 Cr (FY 2024) | -7.0% | Kozhikode, Kerala, India | |||
| Axiom Real Estate Developers Private Limitedthis company | ₹3.47 Cr (FY 2021) | -₹29.57 Lakh | -8.5% | -49.0% | Mumbai, Maharashtra, India | |
| Guhan Builders and Promoters Private Limited | ₹3.47 Cr (FY 2024) | 135.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Axiom Real Estate Developers Private Limited, buy the company report.
Auditor
Axiom Real Estate Developers Private Limited is audited by BHUWANIA & AGRAWAL ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUWANIA & AGRAWAL ASSOCIATES | FY 2019 | 101483W |
Shareholding
The shareholding of Axiom Real Estate Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Axiom Real Estate Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2018 | 100198864 | Others | ₹5 Cr | Satisfied | |
| 24 Aug 2015 | 10587055 | Icici Bank Limited | ₹7.5 Cr | Satisfied | |
| 06 May 2015 | 10570372 | Oriental Bank of Commerce | ₹50 Lakh | Satisfied | |
| 26 Sep 2012 | 10382401 | Housing Development Finance Corporation Limited | ₹13 Cr | Satisfied |
To see the full charge records of Axiom Real Estate Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Axiom Real Estate Developers Private Limited has 1 deal on record (1 acquisition); the latest was in March 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Acquisition | ₹10.2 Cr | Buyer: Axiom Realty Private Limited Seller: Motilal Oswal Private Equity |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axiom Real Estate Developers Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by individuals | Disposed |
To see the full case history of Axiom Real Estate 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 Axiom Real Estate Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axiom Real Estate Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK2292E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axiom Real Estate Developers Private Limited, buy the company report.
Recent activity
Axiom Real Estate Developers Private Limited has 13 board changes on record since 2010: 2 appointments and 11 cessations. The latest: Imtiaz Abdul Majid Penwala ceased to be Additional Director on 30 Sep 2015.
12 earlier events are in the company report.
Frequently asked questions
Axiom Real Estate Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 November 2007 (19+ years old) and is registered under CIN U45202MH2007PTC175885.
Axiom Real Estate Developers has 2 current directors:
- Imtiaz Abdul Majid Penwala - Director
- Mitesh Jayvant Jadhav - Director
The latest financial statements of Axiom Real Estate Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Axiom Real Estate Developers is 27AADCK2292E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Axiom Real Estate Developers is U45202MH2007PTC175885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axiom Real Estate Developers has 2 court cases on record: 2 filed against it.
Axiom Real Estate Developers was incorporated on 13 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Axiom Real Estate Developers has 1 deal on record (1 acquisition); the latest was in March 2015.
The peers of Axiom Real Estate Developers by revenue are Framework Infrastructure Private Limited, Sonnet Builders and Developers Private Limited, Guhan Builders and Promoters Private Limited, all in the Outsourcing industry (Builders and Developers, Consulting Services), with the same principal business activity (buildings).
Imtiaz Abdul Majid Penwala ceased to be Additional Director on 30 Sep 2015. Mitesh Jayvant Jadhav ceased to be Additional Director on 30 Sep 2015. Naveen Tripathi ceased to be Additional Director on 20 Jun 2015. Axiom Real Estate Developers has 13 board changes on record in total.
Axiom Real Estate Developers can be reached through the website axiomgroups.in. Its registered office is in Mumbai, Maharashtra, India.