A K Panels Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.69 Cr
- Company Age 10 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.03 Cr
- Satisfied Charges ₹ 2.90 Cr
- Revenue Growth 41.00%
- Profit Growth 124.52%
- Ebitda 64.96%
- Net Worth 45.11%
- Total Assets 21.09%
About A K Panels
A K Panels Private Limited (AKPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 July 2014 and has a history of Ten years and seven months. Its registered office is in Muktsar, Punjab, 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 2.25 Cr and a paid-up capital of Rs 1.69 Cr.
The company currently has active open charges totaling ₹26.03 Cr. The company has closed loans amounting to ₹2.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amit Kumar, Varun Kumar, Ashok Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Muktsar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U20219PB2014PTC038739
- Company No.
038739
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jul 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does A K Panels Private Limited offer?
A K Panels Private Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Plywoods.
Who are the key members and board of directors at A K Panels?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Kumar  | Additional Director | 20-Oct-2022 | Current |
| Varun Kumar | Director | 10-Jul-2014 | Current |
| Ashok Kumar | Director | 10-Jul-2014 | Current |
| Kapil Verma | Additional Director | 01-Oct-2021 | Current |
Financial Performance of A K Panels.
A K Panels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41% increase. The company also saw a substantial improvement in profitability, with a 124.52% increase in profit. The company's net worth Soared by an impressive increase of 45.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of A K Panels?
In 2023, A K Panels had a promoter holding of 51.30% and a public holding of 48.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹26.03 Cr
₹2.90 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.96 Cr
- Hdfc Bank Limited : 8.51 Cr
- Others : 6.09 Cr
- Sidbi : 1.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2023 | Sidbi | ₹1.47 Cr | Open |
| 01 May 2023 | Axis Bank Limited | ₹2.60 M | Open |
| 01 May 2023 | Axis Bank Limited | ₹9.70 Cr | Open |
| 26 Apr 2022 | Hdfc Bank Limited | ₹8.51 Cr | Open |
| 22 Jan 2022 | Others | ₹6.09 Cr | Open |
How Many Employees Work at A K Panels?
A K Panels has a workforce of 39 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of A K Panels, 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 Panels's trajectory.
Rating
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
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.