Aakarshan Estates Private Limited
About Aakarshan Estates Private Limited
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Aakarshan Estates Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 18 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201HR1997PTC076107. Its GSTIN is 06AABCA4190R1ZB (Haryana).
The company has an authorised share capital of ₹4.89 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors Sanjay Koul and Madhur Kumar Khandelia.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor M2K Corporate Park Block N Mayfield Garden Sector 51, Gurugram, Haryana, India – 122003.
As per the financials filed for FY 2024, the company reported a revenue of ₹173.23 Cr, a growth of 126% compared to the previous year. For the same year it recorded a net profit of ₹101.32 Cr (net margin 58.5%) and EBITDA of ₹138.92 Cr (EBITDA margin 80.2%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 22% over five years.
The company has about 21 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹66.95 Cr and satisfied charges of ₹398.8 Cr on record. Court records list 22 cases involving the company, including 19 filed by the company and 3 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Aakarshan Estates has one previous CIN (Corporate Identification Number): U45201DL1997PTC088017. The current CIN is U45201HR1997PTC076107, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201HR1997PTC076107 | Current |
| U45201DL1997PTC088017 | Previous |
Contact details
Aakarshan Estates Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor M2K Corporate Park Block N Mayfield Garden Sector 51, Gurugram, Haryana, India – 122003
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Aakarshan Estates 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 Aakarshan Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Aakarshan Estates Private Limited, buy the company report.
Financials of Aakarshan Estates Private Limited
FY 2024 filings availableAakarshan Estates Private Limited reported revenue of ₹173.23 Cr (up 126% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 126% growth in the latest year. EBITDA rose 184% 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 | ₹138.92 Cr | ||||
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| Net Profit (PAT) | ₹101.32 Cr | ||||
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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 | 80.2% | ||||
| Net Profit Margin | 58.5% | ||||
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To see the full financial statements and ratios of Aakarshan Estates Private Limited, buy the company report.
Board of directors of Aakarshan Estates Private Limited
Aakarshan Estates has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Koul | Director | 11 Mar 2017 | 9 Years 7 Months | Current |
| Madhur Kumar Khandelia Also directs: Enzymes Tech India Private Limited | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Aakarshan Estates Private Limited is audited by Doogar and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Doogar and Associates | FY 2023 | 000561N |
Shareholding
The shareholding of Aakarshan Estates 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 Aakarshan Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101107475 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 21 Jan 2025 | 101073564 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 21 Dec 2024 | 101057313 | Hdfc Bank Limited | ₹45 Cr | Open | |
| 05 Jul 2024 | 100944077 | Indian Bank | ₹1.2 Cr | Open | |
| 27 Jun 2024 | 100944081 | Indian Bank | ₹2.5 Cr | Open |
To see the full charge records of Aakarshan Estates Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Aakarshan Estates Private Limited has 22 court cases on record: 19 filed by Aakarshan Estates, 3 filed against it. 12 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 2 | 10 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Sanasunu Hospitality Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against M/S Extra Value Retail Pvt. Ltd and 1 other | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed by the company against State of Haryana Through Lac | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Aakarshan Estates 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 Aakarshan Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aakarshan Estates has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sadan Realtech Private Limited | U70102HR2010PTC075381 |
To see the full group structure of Aakarshan Estates Private Limited, buy the company report.
Employees & EPFO
Aakarshan Estates Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Aakarshan Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCA4190R1ZB | Haryana | Active | 01 Jul 2021 |
To see the full GST registrations and return filing status of Aakarshan Estates Private Limited, buy the company report.
Recent activity
Aakarshan Estates Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Madhur Kumar Khandelia ceased to be Additional Director on 24 Nov 2021.
26 earlier events are in the company report.
Frequently asked questions
Aakarshan Estates is an active private limited company based in Gurugram, Haryana, India. The company works in real estate financing, within the financial services industry. It was incorporated on 18 June 1997 (29+ years old) and is registered under CIN U45201HR1997PTC076107.
Aakarshan Estates has 2 current directors:
- Sanjay Koul - Director
- Madhur Kumar Khandelia - Director
The latest financial statements of Aakarshan Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakarshan Estates is 06AABCA4190R1ZB, registered in Haryana.
The CIN (Corporate Identification Number) of Aakarshan Estates is U45201HR1997PTC076107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakarshan Estates has 22 court cases on record: 19 filed by the company and 3 filed against it. 12 are pending. Most are in the district courts.
Aakarshan Estates was incorporated on 18 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Madhur Kumar Khandelia ceased to be Additional Director on 24 Nov 2021. Durgesh Chandra Mishra ceased to be Director on 14 Jul 2021. Madhur Kumar Khandelia was appointed as Director on 14 Jul 2021. Aakarshan Estates has 8 board changes on record in total.
The registered office of Aakarshan Estates is at 4th Floor M2K Corporate Park Block N Mayfield Garden Sector 51, Gurugram, Haryana, India – 122003.
Aakarshan Estates operates in the financial services industry, in the real estate financing segment.