India's Richest People 2026 edition · 1 director · Source: Hurun India
- #246 Rezwan Razack ₹14,900 Cr
Revenue · FY 2025
₹107.26 Cr
▼ 5% YoY
Net profit · FY 2025
₹22.83 Cr
Net margin 21.3%
EBITDA · FY 2025
₹211.27 Cr
EBITDA margin 197%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.04 Lakh
Issued & subscribed
Open charges
₹27.5 Cr
Satisfied ₹699.54 Cr
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Prestige Acres Private Limited
Data last updated:
Prestige Acres Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Prestige Estates Projects Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 October 2021 and has been in existence for over 5 years.
Its director Rezwan Razack is #246 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2021PTC153545. Its GSTIN is 29AAMCP4135C1ZF (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors Irfanrazack and Rezwan Razack.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prestige Falcon Tower No.19 Brunton Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.26 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹22.83 Cr (net margin 21.3%) and EBITDA of ₹211.27 Cr (EBITDA margin 197%).
As per MCA filings, the company has open charges of ₹27.5 Cr and satisfied charges of ₹699.54 Cr on record. Court records list 15 cases involving the company, including 4 filed by the company and 11 filed against it; 10 cases are pending. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹462.22 Cr; the latest was in January 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is DLF Residential Developers Limited with revenue of ₹107.59 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 prestigeconstructions.com.
Company details
CIN U45400KA2021PTC153545
Registration Number 153545
Incorporation Date 25 October 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prestige Estates Projects Limited
Compliance Status Active Compliant
Key People
Irfanrazack Director Rezwan Razack Director Recognitions & Rankings of Prestige Acres
Contact details
Prestige Acres Private Limited's registered office is in Bangalore, Karnataka. Its website is prestigeconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrestige Falcon Tower No.19 Brunton Road, Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Prestige Acres Private Limited, buy the company report.
Comprehensive company report
Prestige Acres 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 Prestige Acres 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 Prestige Acres Private Limited, buy the company report.
Financials of Prestige Acres Private Limited
FY 2025 filings availablePrestige Acres Private Limited reported revenue of ₹107.26 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹107.26 Cr ▼ 5%
Net profit · FY 2025
₹22.83 Cr margin 21.3%
EBITDA · FY 2025
₹211.27 Cr margin 197%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 939%
Revenue fell 5% in the latest year. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹211.27 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹22.83 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 | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 197% | |||
| Net Profit Margin | 21.3% | |||
| 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 | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Prestige Acres Private Limited, buy the company report.
Board of directors of Prestige Acres Private Limited
Prestige Acres has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irfanrazack Also directs: Bharatnagar Buildcon LLP, Villaland Developers LLP, West Palm Developments LLP and 5 more | Director | 25 Oct 2021 | 5 Years 0 Months | Current |
| Rezwan Razack Also directs: Villaland Developers LLP, West Palm Developments LLP, Prestige Omr Ventures LLP and 5 more | Director | 02 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Prestige Acres Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DLF Residential Developers Limited | ₹107.59 Cr (FY 2024) | 554.0% | Gurugram, Haryana, India | |||
| Prestige Acres Private Limitedthis company | ₹107.26 Cr (FY 2025) | ₹22.83 Cr | 21.3% | -5.0% | Bangalore, Karnataka, India | |
| Pardos Lucknow Developers Private Limited | ₹107.15 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Embassy One Developers Limited | ₹106.75 Cr (FY 2025) | 124.0% | Bangalore, Karnataka, India | |||
| Rishabraj Estate Developers Private Limited | ₹106.68 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Prestige Acres Private Limited, buy the company report.
Auditor
Prestige Acres Private Limited is audited by M O J & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M O J & Associates | FY 2022 | 015425S |
Shareholding
The shareholding of Prestige Acres Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prestige Acres Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.5 Cr
Satisfied charges
₹699.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2025 | 101170391 | The Hongkong and Shanghai Banking Corporation Limited | ₹27.5 Cr | Open | |
| 31 Jul 2023 | 100759574 | Others | ₹350 Cr | Satisfied | |
| 08 Mar 2023 | 100691827 | The Hongkong and Shanghai Banking Corporation Limited | ₹9.54 Cr | Satisfied | |
| 01 Oct 2022 | 100625953 | Others | ₹200 Cr | Satisfied | |
| 21 Jul 2022 | 100617082 | Others | ₹140 Cr | Satisfied |
To see the full charge records of Prestige Acres Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Prestige Acres Private Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹462.22 Cr; the latest was in January 2022.
Total deals
1
Debt financing
1
Disclosed funding
₹462.22 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Debt financing | ₹462.22 Cr | Investors: Prestige Estates Project Limited, Pinnacle Investments |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prestige Acres Private Limited has 15 court cases on record: 4 filed by Prestige Acres, 11 filed against it. 10 cases are pending and 5 are disposed.
Total cases
15
Filed by the company
4
Filed against the company
11
Pending
10
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 5 |
| High courts | 5 | 2 | 5 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against Image Broadcasting India Pvt Ltd, Rep. by Its Autorized Officer and 1 other | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against Image Broadcasting India Private Limited and 1 other | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (R.A.) | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
To see the full case history of Prestige Acres 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 Prestige Acres Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prestige Acres Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Prestige Acres has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP4135C1ZF | Karnataka | Active | 06 Apr 2023 |
| 36AAMCP4135C1ZK | Telangana | Active | 19 Aug 2022 |
| 30AAMCP4135C1ZW | Goa | Active | 27 Aug 2024 |
| 30AAMCP4135C2ZV | Goa | Active | 27 Aug 2024 |
To see the full GST registrations and return filing status of Prestige Acres Private Limited, buy the company report.
Recent activity
Prestige Acres Private Limited has 9 board changes on record since 2021: 3 appointments and 6 cessations. The latest: Rezwan Razack ceased to be Additional Director on 31 Aug 2025.
AGM
Prestige Acres Private Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2,750.00 Lakh with Charge ID 101170391 was registered on 01 Sep 2025.
Ceased
Rezwan Razack ceased to be Additional Director.
Charges
A charge registered on 01 Oct 2022 via Charge ID 100625953 with Others was fully satisfied on 22 May 2025.
Appointed
Rezwan Razack was appointed as Director.
Filing
Prestige Acres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100759574 with Others was fully satisfied on 21 Jan 2025.
Ceased
Venkata Narayana Konanki ceased to be Director.
Charges
A charge registered on 08 Mar 2023 via Charge ID 100691827 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Oct 2024.
Charges
A charge registered on 21 Jul 2022 via Charge ID 100617082 with Others was fully satisfied on 01 Oct 2024.
Ceased
Neelam Chhiber ceased to be Additional Director.
Ceased
Ravindra Munishwar Mehta ceased to be Additional Director.
11 earlier events are in the company report.
News
Frequently asked questions
Prestige Acres 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 25 October 2021 (5+ years old) and is registered under CIN U45400KA2021PTC153545.
Prestige Acres has 2 current directors:
- Irfanrazack - Director
- Rezwan Razack - Director
The latest financial statements of Prestige Acres on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Prestige Acres is 29AAMCP4135C1ZF, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 36AAMCP4135C1ZK (Telangana), 30AAMCP4135C1ZW (Goa), 30AAMCP4135C2ZV (Goa).
The CIN (Corporate Identification Number) of Prestige Acres is U45400KA2021PTC153545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestige Acres has 15 court cases on record: 4 filed by the company and 11 filed against it. 10 are pending. Most are in the district courts.
Prestige Acres was incorporated on 25 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Prestige Acres has 1 deal on record (1 debt financing), with disclosed funding of ₹462.22 Cr; the latest was in January 2022.
The peers of Prestige Acres by revenue are DLF Residential Developers Limited, Pardos Lucknow Developers Private Limited, Embassy One Developers Limited, Rishabraj Estate Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Rezwan Razack ceased to be Additional Director on 31 Aug 2025. Rezwan Razack was appointed as Director on 02 May 2025. Venkata Narayana Konanki ceased to be Director on 21 Oct 2024. Prestige Acres has 9 board changes on record in total.
Prestige Acres can be reached through the website prestigeconstructions.com. Its registered office is in Bangalore, Karnataka, India.