Aakaf Steel Private Limited

Supplier of steel products to various industries in Ahmedabad, Gujarat since 2000.

2000 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 18, 2024

Aakaf Steel Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.29 Cr
  • Company Age 24 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.25 Cr
  • Satisfied Charges ₹ 10.50 Cr
  • Revenue Growth -43.04%
  • Profit Growth -21.81%
  • Ebitda -3.82%
  • Net Worth 6.08%
  • Total Assets -23.78%

About Aakaf Steel

Aakaf Steel Private Limited (ASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2000 and has a history of 24 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Aakaf Steel Limited. The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 3.29 Cr.

The company currently has active open charges totaling ₹20.25 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abdulkadir Memon, Mohamad Nagani, Afzal Nagani, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aakafsteel.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ2000PTC038207

  • Company No.

    038207

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Aakaf Steel Private Limited offer?

Aakaf Steel Private Limited offers a wide range of products and services, including TMT Bars, Mild Steel TMT Bars, Brackets, Holder & Hardware Fittings, Metal Angles, Mild Steel Bars, Mild Steel Round Bar, Metal Channels, MS Channel, Metal Sheets, CR Sheets.

Who are the key members and board of directors at Aakaf Steel?

Board Members (4)

NameDesignationAppointment DateStatus
Abdulkadir Memon Country flag representing In Director 14-Jun-2000Current
Mohamad Nagani Country flag representing In Director 14-Jun-2000Current
Afzal Nagani Country flag representing In Director 01-Oct-2005Current
Abdulgafar Nagani Country flag representing In Director 01-Oct-2005Current

Financial Performance of Aakaf Steel.

Aakaf Steel Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.04% decrease. The company also saw a substantial fall in profitability, with a 21.81% decrease in profit. The company's net worth moved up by a moderate rise of 6.08%.

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
-43.04%
Revenue from Operations
-43.10%
Total Assets
-23.78%
Profit or Loss
-21.81%
Net Worth
6.08%
EBITDA
-3.82%

What is the Ownership and Shareholding Structure of Aakaf Steel?

In 2023, Aakaf Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.25 Cr

Satisfied Charges

₹10.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.25 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2010Others₹20.25 CrOpen
12 Mar 2010Union Bank Of India₹3.50 CrSatisfied
20 Mar 2006Union Bank Of Inida₹7.00 CrSatisfied
01 Aug 2005Hdfc Bank Ltd₹0.00Satisfied

How Many Employees Work at Aakaf Steel?

Unlock and access historical data on people associated with Aakaf Steel, 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 Aakaf Steel, 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 Aakaf Steel'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 Aakaf Steel

Recent activity within the organization

  • Annual General Meeting

    Aakaf Steel Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aakaf Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 20.25 Cr registered on 17 Jun 2010 with Charge ID 10227839 was modified on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 12 Mar 2010 via Charge ID 10211246 with Union Bank Of India was fully satisfied on 06 Nov 2014.

    06 Nov 2014

  • Charges

    A charge registered on 20 Mar 2006 via Charge ID 80025198 with Union Bank Of Inida was fully satisfied on 06 Nov 2014.

    06 Nov 2014

  • Charges

    A charge with Others amounted to Rs. 20.25 Cr with Charge ID 10227839 was registered on 17 Jun 2010.

    17 Jun 2010

Frequently asked questions

  • Aakaf Steel Private Limited was incorporated on 14 Jun 2000.

  • The authorized share capital of Aakaf Steel Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.29 Cr.

  • Currently 4 directors are associated with Aakaf Steel Private Limited.

    • Abdulkadir Hajihusainbhai Memon
    • Mohamad Siraj Abdul Rajak Nagani
    • Afzal Yusufbhai Nagani
    • Abdulgafar Hushenbhai Nagani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aakaf Steel Private Limited is B/105 Nirman Complex Opp. Havmore Restaurant, India, Navrangpura, Gujarat, 380009.

  • The corporate identification number (CIN) of Aakaf Steel Private Limited is U27100GJ2000PTC038207 and the company number is 038207 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aakaf Steel Private Limited is https://www.aakafsteel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aakaf Steel Private Limited has fallen by -43.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aakaf Steel Private Limited has experienced an upsurge of 6.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aakaf Steel Private Limited amount to ₹ 20.25 Cr.

  • The most recent Balance Sheet for Aakaf Steel Private Limited was filed with the ROC on 31 Mar 2023.

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