A K P Foundries Private Limited

Manufactures iron castings for various industries, including power generation, construction, and mining.

1978 | Belgaum, Karnataka (India) | Active
Last Updated: July 17, 2024

A K P Foundries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 46 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Satisfied Charges ₹ 7.64 Cr
  • Revenue Growth 26.69%
  • Profit Growth 16.47%
  • Ebitda 11.03%
  • Net Worth 13.29%
  • Total Assets 12.52%

About A K P Foundries

A K P Foundries Private Limited (AKPFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1978 and has a history of 46 years and two months. Its registered office is in Belgaum, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.70 M.

The company currently has active open charges totaling ₹4.50 Cr. The company has closed loans amounting to ₹7.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Phalnikar, Ram Bhandare, Gautam Bhandare, and Four other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310KA1978PTC003416

  • Company No.

    003416

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1978

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at A K P Foundries?

Executive Team (3)

Name Designation Appointment Date Status
Parag Bhandare Country flag representing In Managing Director 29-Dec-2005 Current
Gautam Bhandare Country flag representing In Managing Director 30-Sep-2007 Current
Ram Bhandare Country flag representing In Managing Director 01-Jul-2013 Current

Board Members (4)

Name Designation Appointment Date Status
Milind Dhume Country flag representing In Director 29-Jun-2007 Current
Suresh Phalnikar Country flag representing In Director 29-Nov-1978 Current
Dilip Pathak Country flag representing In Director 26-Dec-2014 Current
Sandeep Dhume Country flag representing In Director 29-Jun-2007 Current

Financial Performance of A K P Foundries.

A K P Foundries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.69% increase. The company also saw a substantial improvement in profitability, with a 16.47% increase in profit. The company's net worth Soared by an impressive increase of 13.29%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
26.69%
Revenue from Operations
26.15%
Total Assets
12.52%
Profit or Loss
16.47%
Net Worth
13.29%
EBITDA
11.03%

What is the Ownership and Shareholding Structure of A K P Foundries?

In 2023, A K P Foundries had a promoter holding of 23.91% and a public holding of 76.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.00 M

Satisfied Charges

₹76.40 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.50 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2021 Axis Bank Limited ₹4.50 Cr Open
29 Nov 2008 Karnataka State Financial Corpration ₹7.00 M Satisfied
05 May 2006 Icici Bank Limited ₹0.60 M Satisfied
21 Mar 2005 Karnataka State Financial Coporation ₹4.20 M Satisfied
27 Mar 2004 Karnataka State Financial Coporation ₹4.60 M Satisfied

How Many Employees Work at A K P Foundries?

A K P Foundries has a workforce of 122 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A K P Foundries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A K P Foundries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on A K P Foundries

Recent activity within the organization

  • Annual General Meeting

    A K P Foundries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    A K P Foundries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 05 May 2006 via Charge ID 10004745 with Icici Bank Limited was fully satisfied on 31 Mar 2021.

    31 Mar 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 45.00 M with Charge ID 100424255 was registered on 17 Feb 2021.

    17 Feb 2021

  • Charges

    A charge registered on 04 Dec 2001 via Charge ID 80037429 with Others was fully satisfied on 09 Feb 2021.

    09 Feb 2021

  • Charges

    A charge registered on 29 Nov 2008 via Charge ID 10138415 with Karnataka State Financial Corpration was fully satisfied on 05 Mar 2019.

    05 Mar 2019

Frequently asked questions

  • A K P Foundries Private Limited was incorporated on 29 Nov 1978.

  • The authorized share capital of A K P Foundries Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.70 M.

  • Currently 7 directors are associated with A K P Foundries Private Limited.

    • Suresh Anant Phalnikar
    • Ram Balwant Bhandare
    • Gautam Ram Bhandare
    • Milind Madhav Dhume
    • Parag Ram Bhandare
    • Dilip Laxman Pathak
    • Sandeep Madhav Dhume
  • As per Ministry of Corporate Affairs (Mca), the registered address of A K P Foundries Private Limited is R. S. No. 689 Udyambag, Belgaum, Karnataka, India, 590008.

  • The corporate identification number (CIN) of A K P Foundries Private Limited is U27310KA1978PTC003416 and the company number is 003416 as per Ministry of Corporate Affairs (MCA).

  • The Official website of A K P Foundries Private Limited is https://www.akpfoundries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for A K P Foundries Private Limited has risen by 26.69%.

  • As Per 2023 financial reports, 122 employees are currently employed by A K P Foundries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of A K P Foundries Private Limited has experienced an upsurge of 13.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for A K P Foundries Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for A K P Foundries Private Limited was filed with the ROC on 31 Mar 2023.

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