Aakaar Iron Creations Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.94 M
- Company Age 24 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 76.00 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth -5.31%
- Profit Growth -62.78%
- Ebitda -55.65%
- Net Worth 3.11%
- Total Assets -3.79%
About Aakaar Iron Creations
Aakaar Iron Creations Private Limited (AICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2000 and has a history of 24 years and five months. Its registered office is in New Delhi, Delhi, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.94 M.
The company currently has active open charges totaling ₹76.00 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Varun Diwan, Karan Diwan, Anuj Diwan, and One other member serve as directors at the Company.
Company Details
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Location
New Delhi, Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74899DL2000PTC107238
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Company No.
107238
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Aug 2000
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Aakaar Iron Creations Private Limited offer?
Aakaar Iron Creations Private Limited offers a wide range of products and services, including Material Cutting Services, Steel Cutting Services, Laser Cutting Services, Manufacturing & Assembling Services, Laser Job Work Services, CNC Machining Services, Lathe Work, Cutting Services, CNC Cutting Service.
Who are the key members and board of directors at Aakaar Iron Creations?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Diwan
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Director | 09-Mar-2017 | Current |
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Karan Diwan
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Director | 09-Mar-2017 | Current |
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Anuj Diwan
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Director | 11-Aug-2000 | Current |
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Neeraj Diwan
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Director | 11-Aug-2000 | Current |
Financial Performance of Aakaar Iron Creations.
Aakaar Iron Creations Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.31% decrease. The company also saw a substantial fall in profitability, with a 62.78% decrease in profit. The company's net worth moved up by a moderate rise of 3.11%.
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What is the Ownership and Shareholding Structure of Aakaar Iron Creations?
In 2023, Aakaar Iron Creations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Space Plus Design Labs Private LimitedAnuj Diwan and Neeraj Diwan are mutual person
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Niche Foods LlpVarun Diwan and Karan Diwan are mutual person
Charges (Loans)
₹760.00 M
₹20.03 M
Charges Breakdown by Lending Institutions
- Others : 74.60 Cr
- Sidbi : 1.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2022 | Others | ₹3.00 Cr | Open |
| 19 May 2022 | Others | ₹27.00 Cr | Open |
| 05 Mar 2021 | Sidbi | ₹9.50 M | Open |
| 09 Oct 2020 | Others | ₹1.60 Cr | Open |
| 14 Sep 2018 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Aakaar Iron Creations?
Aakaar Iron Creations has a workforce of 619 employees as of Apr 09, 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 Aakaar Iron Creations, 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 Aakaar Iron Creations'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.
