India's Richest People 2026 edition · 1 director · Source: Hurun India
- #399 B.M. Jayeshankar ₹9,300 Cr
Revenue · FY 2024
₹54.88 Cr
▲ 10% YoY
Net profit · FY 2024
₹7.83 Cr
Net margin 14.3%
EBITDA · FY 2024
₹19.54 Cr
EBITDA margin 35.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Open charges
₹895 Cr
Satisfied ₹5,243.22 Cr
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings
About Akarsha Realty Private Limited
Data last updated:
Akarsha Realty Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 August 2007 and has been in existence for over 19 years.
Its director B.M. Jayeshankar is #399 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2007PTC043642. Its GSTIN is 29AAHCA3322M1ZJ (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Jayeshankar Bilidale Madaiah and Karunesh Bilidale Madaiah.
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 No. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.88 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹7.83 Cr (net margin 14.3%) and EBITDA of ₹19.54 Cr (EBITDA margin 35.6%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 104% over five years.
As per MCA filings, the company has open charges of ₹895 Cr and satisfied charges of ₹5,243.22 Cr on record. Court records list 35 cases involving the company, including 12 filed by the company and 23 filed against it; 19 cases are pending. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹257 Cr; the latest was in December 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adarshdevelopers.com.
Company details
CIN U70102KA2007PTC043642
Registration Number 043642
Incorporation Date 20 August 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Jayeshankar Bilidale Madaiah Director Karunesh Bilidale Madaiah Director Sudha Shanker Director Recognitions & Rankings of Akarsha Realty
Contact details
Akarsha Realty Private Limited's registered office is in Bengaluru, Karnataka. Its website is adarshdevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Akarsha Realty Private Limited, buy the company report.
Comprehensive company report
Akarsha Realty Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Akarsha Realty 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 Akarsha Realty Private Limited, buy the company report.
Financials of Akarsha Realty Private Limited
FY 2024 filings availableAkarsha Realty Private Limited reported revenue of ₹54.88 Cr (up 10% YoY) for FY 2024.
Revenue · FY 2024
₹54.88 Cr ▲ 10%
Net profit · FY 2024
₹7.83 Cr margin 14.3%
EBITDA · FY 2024
₹19.54 Cr margin 35.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 66%
5 years · compounded
▲ 104%
EBITDA CAGR growth
1 year
▲ 185%
3 years · compounded
▲ 93%
5 years · compounded
▲ 300%
Revenue has grown at a compounded annual rate (CAGR) of 104% over five years, including 10% growth in the latest year. EBITDA rose 185% 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 | ₹19.54 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹7.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.6% | ||||
| Net Profit Margin | 14.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Akarsha Realty Private Limited, buy the company report.
Board of directors of Akarsha Realty Private Limited
Akarsha Realty has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayeshankar Bilidale Madaiah | Director | 31 Aug 2015 | 11 Years 1 Months | Current |
| Karunesh Bilidale Madaiah Also directs: Akarsha Prime Project Private Limited, Vismaya Superprojects Private Limited, Akarshak Realty Private Limited and 5 more | Director | 20 Aug 2007 | 19 Years 2 Months | Current |
| Sudha Shanker Also directs: Akarsha Prime Project Private Limited, Akarshak Realty Private Limited, Vividha Ventures Private Limited and 5 more | Director | 20 Aug 2007 | 19 Years 2 Months | Current |
Auditor
Akarsha Realty Private Limited is audited by ABS & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABS & CO. | FY 2023 | 008203S |
Shareholding
The shareholding of Akarsha Realty 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 Akarsha Realty Private Limited, buy the company report.
Charges & borrowings
Open charges
₹895 Cr
Satisfied charges
₹5,243.22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2025 | 101183732 | Others | ₹50 Cr | Open | |
| 11 Aug 2025 | 101139354 | Others | ₹125 Cr | Open | |
| 05 Feb 2025 | 101051893 | Others | ₹270 Cr | Open | |
| 05 Dec 2024 | 101060611 | Others | ₹450 Cr | Open | |
| 23 Jun 2023 | 100764678 | Others | ₹160 Cr | Satisfied |
To see the full charge records of Akarsha Realty Private Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Akarsha Realty Private Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹257 Cr; the latest was in December 2022.
Total deals
1
Debt financing
1
Disclosed funding
₹257 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Debt financing | ₹257 Cr | Investors: HDFC Private Equity |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Akarsha Realty Private Limited has 35 court cases on record: 12 filed by Akarsha Realty, 23 filed against it. 19 cases are pending and 16 are disposed.
Total cases
35
Filed by the company
12
Filed against the company
23
Pending
19
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 16 | 13 |
| High courts | 16 | 7 | 6 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S. Shivakar Infra Pvt. Ltd. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Court case (MFA) | Filed against the company | Pending |
To see the full case history of Akarsha Realty 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 Akarsha Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akarsha Realty has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCA3322M1ZJ | Karnataka | Active | 02 Mar 2018 |
To see the full GST registrations and return filing status of Akarsha Realty Private Limited, buy the company report.
Recent activity
Akarsha Realty Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Jayeshankar Bilidale Madaiah ceased to be Additional Director on 30 Sep 2015.
Charges
A charge registered on 23 Jun 2023 via Charge ID 100764678 with Others was fully satisfied on 09 Dec 2025.
Charges
A charge registered on 23 Jun 2023 via Charge ID 100755495 with Others was fully satisfied on 05 Dec 2025.
Charges
A charge with Others amounted to Rs. 5,000.00 Lakh with Charge ID 101183732 was registered on 11 Nov 2025.
Charges
A charge registered on 09 Dec 2022 via Charge ID 100744002 with Others was fully satisfied on 29 Sep 2025.
Charges
A charge registered on 09 Dec 2022 via Charge ID 100722926 with Others was fully satisfied on 29 Sep 2025.
Charges
A charge registered on 09 Dec 2022 via Charge ID 100704039 with Others was fully satisfied on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 12,500.00 Lakh with Charge ID 101139354 was registered on 11 Aug 2025.
Charges
A charge with Others amounted to Rs. 27,000.00 Lakh with Charge ID 101051893 was registered on 05 Feb 2025.
Charges
A charge with Others of Rs. 45,000.00 Lakh registered on 05 Dec 2024 with Charge ID 101060611 was modified on 10 Dec 2024.
Charges
A charge with Others amounted to Rs. 45,000.00 Lakh with Charge ID 101060611 was registered on 05 Dec 2024.
AGM
Akarsha Realty Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 12 Sep 2018 via Charge ID 100207486 with Others was fully satisfied on 18 Jun 2024.
58 earlier events are in the company report.
Frequently asked questions
Akarsha Realty is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 August 2007 (19+ years old) and is registered under CIN U70102KA2007PTC043642.
Akarsha Realty has 3 current directors:
- Jayeshankar Bilidale Madaiah - Director
- Karunesh Bilidale Madaiah - Director
- Sudha Shanker - Director
The latest financial statements of Akarsha Realty 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 Akarsha Realty is 29AAHCA3322M1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Akarsha Realty is U70102KA2007PTC043642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarsha Realty has 35 court cases on record: 12 filed by the company and 23 filed against it. 19 are pending. Most are in the district courts.
Akarsha Realty was incorporated on 20 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Akarsha Realty has 1 deal on record (1 debt financing), with disclosed funding of ₹257 Cr; the latest was in December 2022.
Jayeshankar Bilidale Madaiah ceased to be Additional Director on 30 Sep 2015. Jayeshankar Bilidale Madaiah was appointed as Director on 31 Aug 2015. Karunesh Bilidale Madaiah was appointed as Director on 20 Aug 2007. Akarsha Realty has 4 board changes on record in total.
Akarsha Realty can be reached through the website adarshdevelopers.com. Its registered office is in Bengaluru, Karnataka, India.