Aakar Business Solutions Private Limited

Provides leasing and rental services for machinery, equipment, vehicles, furniture, and properties.

1996 | Wardha, Maharashtra (India) | Active
Last Updated:

Aakar Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.75 Cr
  • Satisfied Charges ₹ 1.62 Cr
  • Revenue Growth 33.69%
  • Profit Growth -31.46%
  • Ebitda -108.26%
  • Net Worth -56.76%
  • Total Assets 1.54%

About Aakar Business Solutions

Aakar Business Solutions Private Limited (ABSPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 January 1996 and has a history of 29 years and three months. Its registered office is in Wardha, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.75 Cr. The company has closed loans amounting to ₹1.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipulbhai Chandrakantbhai, Ashish Zode, Dinesh Channawar, and Six other members serve as directors at the Company.

Company Details

  • Location

    Wardha, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U71200MH1996PTC096710

  • Company No.

    096710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Aakar Business Solutions Private Limited

Explore comprehensive data for Aakar Business Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Aakar Business Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Dinesh Channawar Country flag representing In Managing Director21-Feb-2011Current

Board Members (8)

NameDesignationAppointment DateStatus
Sandeep Padmawar Country flag representing In Director 12-Feb-2015Current
Ashish Zode Country flag representing In Director 07-Dec-2021Current
Apurva Pande Country flag representing In Director 07-Dec-2021Current
Vipulbhai Chandrakantbhai Country flag representing In Director 17-May-2013Current
Kushal Mokalkar Country flag representing In Director 21-Feb-2011Current
Shubhangi Channawar Country flag representing In Whole-Time Director 30-Sep-2012Current

Financial Performance of Aakar Business Solutions.

Aakar Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.69% increase. The company also saw a substantial fall in profitability, with a 31.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 56.76%.

Aakar Business Solutions revenue growth over time
Aakar Business Solutions 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
33.69%
Revenue from Operations
3.18%
Total Assets
1.54%
Profit or Loss
-31.46%
Net Worth
-56.76%
EBITDA
-108.26%

What is the Ownership and Shareholding Structure of Aakar Business Solutions?

In 2023, Aakar Business Solutions had a public holding of 68.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.49 M

Satisfied Charges

₹16.17 M

Charges Breakdown by Lending Institutions

  • Others : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2017Others₹1.75 CrOpen
30 Oct 2015Dewan Housing Finance Corporation Limited₹1.02 CrSatisfied
18 Sep 2013Shri Kanyaka Nagari Sahakari Bank Limited₹6.00 MSatisfied

How Many Employees Work at Aakar Business Solutions?

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

Employee growth trends for Aakar Business Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aakar Business Solutions, 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 Aakar Business Solutions'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 Aakar Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Aakar Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Aakar Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Ashish Panjabrao Zode was appointed as a Director was appointed as a Director on 07 Dec 2021 & has been associated with this company since 3 years 5 months .

  • Director Appointment

    Apurva Arvind Pande was appointed as a Director was appointed as a Director on 07 Dec 2021 & has been associated with this company since 3 years 5 months .

  • Charges

    A charge with Others amounted to Rs. 17.49 M with Charge ID 100093751 was registered on 31 Mar 2017.

  • Charges

    A charge registered on 30 Oct 2015 via Charge ID 10604588 with Dewan Housing Finance Corporation Limited was fully satisfied on 31 Mar 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Aakar Business Solutions Private Limited?

    Aakar Business Solutions Private Limited was incorporated on 30 Jan 1996.

  • What is authorized share capital and paid-up capital of Aakar Business Solutions Private Limited?

    The authorized share capital of Aakar Business Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Aakar Business Solutions Private Limited?

    Currently 9 directors are associated with Aakar Business Solutions Private Limited.

    • Vipulbhai Patel Chandrakantbhai
    • Ashish Panjabrao Zode
    • Dinesh Channawar
    • Kushal Ramdas Mokalkar
    • Shubhangi Channawar
    • Nisha Shailendra Trivedi
    • Sachin Shrikant Jaiswal
    • Sandeep Prabhakar Padmawar
    • Apurva Arvind Pande

  • What is the registered address of Aakar Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakar Business Solutions Private Limited is Opp. Sewagram Naka Snehal Nagar India, Wardha, Maharashtra, 442001.

  • What is the corporate identification number (CIN) and company number of Aakar Business Solutions Private Limited?

    The corporate identification number (CIN) of Aakar Business Solutions Private Limited is U71200MH1996PTC096710 and the company number is 096710 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Aakar Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Aakar Business Solutions Private Limited has risen by 33.69%.

  • What change has been observed in the net worth of Aakar Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Aakar Business Solutions Private Limited has experienced an downturn of -56.76%.

  • What are the total open charges for Aakar Business Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aakar Business Solutions Private Limited amount to ₹ 1.75 Cr.

  • When was the last Balance Sheet of Aakar Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Aakar Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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