About Axr Properties Private Limited
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Axr Properties Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2009PTC051636.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91 Lakh. It is led by directors including Nimish Narendra Kamdar and Sanjeev Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.26/A Hosur Road Electronic City, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.41 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹4.58 Lakh (net margin 0.5%) and EBITDA of ₹1.31 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years.
As per MCA filings, the company has open charges of ₹10.75 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axr-properties-pvt-ltd.business.site.
Company details
Contact details
Axr Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is axr-properties-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.26/A Hosur Road Electronic City, Bangalore, Karnataka, India – 560100
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Axr Properties 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 Axr Properties 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 Axr Properties Private Limited, buy the company report.
Financials of Axr Properties Private Limited
FY 2019 filings availableAxr Properties Private Limited reported revenue of ₹8.41 Cr (up 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over three years, including 31% growth in the latest year. EBITDA fell 26% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.58 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Axr Properties Private Limited, buy the company report.
Board of directors of Axr Properties Private Limited
Axr Properties has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimish Narendra Kamdar | Director | 26 Nov 2009 | 16 Years 10 Months | Current |
| Sanjeev Kumar Sharma Also directs: P & D Space Links LLP | Director | 26 Nov 2009 | 16 Years 10 Months | Current |
| Hetal Nimish Kamdar | Director | 23 Jun 2015 | 11 Years 4 Months | Current |
| Ashish Narendra Kamdar Also directs: Valencia Nutrition Limited | Director | 13 Apr 2017 | 9 Years 6 Months | Current |
Auditor
Axr Properties Private Limited is audited by NANJUNDA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANJUNDA & CO | FY 2019 | 005514S |
Shareholding
The shareholding of Axr Properties Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Axr Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2016 | 100058748 | Others | ₹7.5 Cr | Open | |
| 27 Aug 2015 | 10593913 | Nkgsb Co-Op. Bank Ltd | ₹3 Cr | Open | |
| 18 Jan 2013 | 10403026 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹25 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Axr Properties Private Limited has 8 court cases on record: 3 filed by Axr Properties, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by M/S Knight Frank (India) Pvt Limited | Disposed |
| High Court of Karnataka | Court case (OSA) | Filed by the company against M/S Knight Frank (India) Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed against the company by M/S Knight Frank (India) Pvt Limited | Disposed |
| High Court | Court case (MFA) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Nkgsb Co-Operative Bank Ltd | Disposed |
To see the full case history of Axr Properties 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 Axr Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Axr Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Axr Properties Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Ashish Narendra Kamdar ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Axr Properties is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 November 2009 (17+ years old) and is registered under CIN U45201KA2009PTC051636.
Axr Properties has 4 current directors:
- Nimish Narendra Kamdar - Director
- Sanjeev Kumar Sharma - Director
- Hetal Nimish Kamdar - Director
- Ashish Narendra Kamdar - Director
The latest financial statements of Axr Properties on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Axr Properties is U45201KA2009PTC051636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axr Properties has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the high courts.
Axr Properties was incorporated on 26 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashish Narendra Kamdar ceased to be Additional Director on 30 Sep 2019. Ashish Narendra Kamdar was appointed as Director on 13 Apr 2017. Hetal Nimish Kamdar was appointed as Director on 23 Jun 2015. Axr Properties has 5 board changes on record in total.
Axr Properties can be reached through the website axr-properties-pvt-ltd.business.site. Its registered office is in Bangalore, Karnataka, India.
The registered office of Axr Properties is at No.26A Hosur Road Electronic City, Bangalore, Karnataka, India – 560100.
Axr Properties operates in the real estate and construction industry, in the real estate builders and developers segment.