- Udyam number
- UDYAM-UP-28-0065324

About Akasva Infrastructure Private Limited
Data last updated:
Akasva Infrastructure Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2007PTC157723. Its GSTIN is 07AAGCA2497L1ZA (Delhi). The company holds 11 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹22.89 Cr. It is led by directors Viren Jain (Managing Director) and Pritpal Singh Bhandari.
Its last annual general meeting (AGM) was held on 23 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at B – 8/13 Vasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2017, the company reported a revenue of ₹127.38 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Cr (net margin 1.1%) and EBITDA of ₹14.88 Cr (EBITDA margin 11.7%).
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹105.56 Cr on record. Court records list 57 cases involving the company, including 11 filed by the company and 46 filed against it; 7 cases are pending.
Akasva Infrastructure Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0065324). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website akasva.com.
Company details
Recognitions & Rankings of Akasva Infrastructure
Contact details
Akasva Infrastructure Private Limited's registered office is in New Delhi, Delhi. Its website is akasva.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB – 8/13 Vasant Vihar, New Delhi, Delhi, India – 110057
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Akasva Infrastructure 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 Akasva Infrastructure is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Akasva Infrastructure Private Limited, buy the company report.
Financials of Akasva Infrastructure Private Limited
FY 2017 filings availableAkasva Infrastructure Private Limited reported revenue of ₹127.38 Cr (down 1% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹127.38 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹14.88 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.46 Cr | ||
| 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 | |||
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| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 11.7% | ||
| Net Profit Margin | 1.1% | ||
| 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 | |||
To see the full financial statements and ratios of Akasva Infrastructure Private Limited, buy the company report.
Board of directors of Akasva Infrastructure Private Limited
Akasva Infrastructure has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Jain | Managing Director | 11 Jan 2007 | 19 Years 9 Months | Current |
| Pritpal Singh Bhandari Also directs: Gandharv Buildcon Private Limited. | Additional Director | 30 Jan 2018 | 8 Years 8 Months | Current |
Auditor
Akasva Infrastructure Private Limited is audited by B LUGANI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B LUGANI & ASSOCIATES | FY 2017 | 002560N |
Shareholding
The shareholding of Akasva Infrastructure Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akasva Infrastructure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2013 | 10461808 | Icici Bank Limited | ₹1.24 Cr | Open | |
| 14 Dec 2011 | 10330368 | Icici Bank Limited | ₹11.63 Lakh | Open | |
| 19 Nov 2011 | 10323729 | Icici Bank Limited | ₹31.23 Lakh | Open | |
| 09 Oct 2011 | 10315577 | Icici Bank Limited | ₹31.33 Lakh | Open | |
| 01 Feb 2011 | 10270105 | Hdfc Bank Limited | ₹16.35 Lakh | Open |
To see the full charge records of Akasva Infrastructure Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Akasva Infrastructure Private Limited has 57 court cases on record: 11 filed by Akasva Infrastructure, 46 filed against it. 7 cases are pending and 50 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 44 | 6 |
| High courts | 6 | 2 | 1 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Altech Equipments Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Altech Equipments Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Servokon Systems Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dorset Industries Pvt Ltd | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Lamba Timber Works Pvt Ltd | Disposed |
To see the full case history of Akasva Infrastructure 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.
Credit ratings & regulatory alerts
Akasva Infrastructure Private Limited was last rated by Icra on 17 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 17 Mar 2022 |
To see the full credit ratings and regulatory alerts of Akasva Infrastructure Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akasva Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akasva Infrastructure Private Limited has a workforce of 26 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Akasva Infrastructure has 11 GST registrations: 4 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCA2497L1ZA | Delhi | Active | 01 Jul 2017 |
| 03AAGCA2497L1ZI | Punjab | Active | 01 Jul 2017 |
| 05AAGCA2497L1ZE | Uttarakhand | Active | 01 Jul 2017 |
| 08AAGCA2497L2Z7 | Rajasthan | Active | 17 Apr 2023 |
To see the full GST registrations and return filing status of Akasva Infrastructure Private Limited, buy the company report.
Recent activity
Akasva Infrastructure Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Aarti Jain ceased to be Director on 28 Mar 2018.
14 earlier events are in the company report.
Frequently asked questions
Akasva Infrastructure is an active private limited company based in New Delhi, Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 January 2007 (19+ years old) and is registered under CIN U45200DL2007PTC157723.
Akasva Infrastructure has 2 current directors:
- Viren Jain - Managing Director
- Pritpal Singh Bhandari - Additional Director
The latest financial statements of Akasva Infrastructure on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 23 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Akasva Infrastructure is 07AAGCA2497L1ZA, registered in Delhi. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 03AAGCA2497L1ZI (Punjab), 05AAGCA2497L1ZE (Uttarakhand), 08AAGCA2497L2Z7 (Rajasthan).
The CIN (Corporate Identification Number) of Akasva Infrastructure is U45200DL2007PTC157723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akasva Infrastructure has 57 court cases on record: 11 filed by the company and 46 filed against it. 7 are pending. Most are in the district courts.
Akasva Infrastructure was incorporated on 11 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Aarti Jain ceased to be Director on 28 Mar 2018. Pritpal Singh Bhandari was appointed as Additional Director on 30 Jan 2018. Viren Jain ceased to be Director on 01 Apr 2011. Akasva Infrastructure has 4 board changes on record in total.
Yes, Akasva Infrastructure is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0065324).
Akasva Infrastructure can be reached through the website akasva.com. Its registered office is in New Delhi, Delhi, India.