A.K.R. Finance Limited

Provides financial market administration services and specializes in hire purchase financing for moveable properties.

1987 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

A.K.R. Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.98 Cr
  • Revenue Growth -7.72%
  • Profit Growth -931.13%
  • Ebitda -1110.96%
  • Net Worth -10.42%
  • Total Assets -13.62%

About A.K.R. Finance

A.K.R. Finance Limited (AFL) is a Public Limited Indian Non-Government Company incorporated in India on 19 January 1987 and has a history of 38 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services 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 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹3.98 Cr.

Santhanakrishnan Abhiramapuram, Srinivasa Dixit, and Rajeshwari Saravanan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1987PLC013928

  • Company No.

    013928

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1987

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at A.K.R. Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Srinivasa Dixit Country flag representing In Director 27-Nov-1990Current
Santhanakrishnan Abhiramapuram Country flag representing In Director 27-Nov-1990Current
Rajeshwari Saravanan Country flag representing In Director 01-Jun-2014Current

Financial Performance of A.K.R. Finance.

A.K.R. Finance Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 7.72% decrease. The company also saw a substantial fall in profitability, with a 931.13% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.42%.

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
-7.72%
Revenue from Operations
0.66%
Total Assets
-13.62%
Profit or Loss
-931.13%
Net Worth
-10.42%
EBITDA
-1110.96%

What is the Ownership and Shareholding Structure of A.K.R. Finance?

In 2018, A.K.R. Finance had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.82 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 2.58 Cr
  • Indian Overseas Bank : 1.15 Cr
  • Rohini Private4 Ltd. : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 1998Rohini Private4 Ltd.₹2.50 MOpen
15 Feb 1993Indian Overseas Bank₹6.50 MOpen
22 Jan 1993Indian Overseas Bank₹5.00 MOpen
03 Jul 1991Indian Bank₹2.58 CrOpen

How Many Employees Work at A.K.R. Finance?

Unlock and access historical data on people associated with A.K.R. Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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.R. Finance, 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.R. Finance'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.R. Finance

Recent activity within the organization

  • Annual General Meeting

    A.K.R. Finance Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    A.K.R. Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Rajeshwari Saravanan was appointed as a Director was appointed as a Director on 01 Jun 2014 & has been associated with this company since 10 years 8 months .

    01 Jun 2014

  • Charges

    A charge with Rohini Private4 Ltd. amounted to Rs. 2.50 M with Charge ID 90322222 was registered on 03 Dec 1998.

    03 Dec 1998

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 6.50 M with Charge ID 90316972 was registered on 15 Feb 1993.

    15 Feb 1993

  • Charges

    A charge with Indian Overseas Bank of Rs. 5.00 M registered on 22 Jan 1993 with Charge ID 90319862 was modified on 15 Feb 1993.

    15 Feb 1993

Frequently asked questions

  • A.K.R. Finance Limited was incorporated on 19 Jan 1987.

  • The authorized share capital of A.K.R. Finance Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with A.K.R. Finance Limited.

    • Santhanakrishnan Rajagopalan Abhiramapuram
    • Srinivasa Dikshitar Tatwamasi Dixit
    • Rajeshwari Saravanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of A.K.R. Finance Limited is Old No.99, New No.186 Royapettah High Road Mylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of A.K.R. Finance Limited is U65191TN1987PLC013928 and the company number is 013928 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for A.K.R. Finance Limited has fallen by -7.72%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of A.K.R. Finance Limited has experienced an downturn of -10.42%.

  • As per the financial statements for fiscal Year 2020, The total open charges for A.K.R. Finance Limited amount to ₹ 3.98 Cr.

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

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