Aakar Foundry Private Limited

Manufacturer of aluminum castings, machined and coated components for global clients.

2006 | Pune, Maharashtra (India) | Active
Last Updated:

Aakar Foundry Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.73 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 178.30 Cr
  • Satisfied Charges ₹ 35.68 Cr
  • Revenue Growth 4.88%
  • Profit Growth 105.93%
  • Ebitda 42.19%
  • Net Worth 85.75%
  • Total Assets -18.63%

About Aakar Foundry

Aakar Foundry Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 2006 and has a history of 18 years and six months. Its registered office is in Pune, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 15.73 Cr.

The company currently has active open charges totaling ₹178.30 Cr. The company has closed loans amounting to ₹35.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aakar Foundry Private Limited India is Shruti Nankar as COMPANY SECRETARY. Bharat Agarwal and Trupti Agarwal serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aakarfoundry.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310PN2006PTC128998

  • Company No.

    128998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Aakar Foundry Private Limited offer?

Aakar Foundry Private Limited offers a wide range of products and services, including Die Casting, Aluminium Die Casting, Casting Parts, Die Casting Parts, Aluminium Die Casting Parts.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Bharat Agarwal Country flag representing In Managing Director31-Aug-2006Current
Shruti Nankar Company Secretary22-Jul-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Trupti Agarwal Country flag representing In Director 31-Aug-2006Current

Financial Performance of Aakar Foundry.

Aakar Foundry Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.88% increase. The company also saw a substantial improvement in profitability, with a 105.93% increase in profit. The company's net worth Soared by an impressive increase of 85.75%.

Aakar Foundry revenue growth over time
Aakar Foundry 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
4.88%
Revenue from Operations
4.73%
Total Assets
-18.63%
Profit or Loss
105.93%
Net Worth
85.75%
EBITDA
42.19%

What is the Ownership and Shareholding Structure of Aakar Foundry?

In 2023, Aakar Foundry 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

₹178.30 Cr

Satisfied Charges

₹35.68 Cr

Charges Breakdown by Lending Institutions

  • Abhyudaya Co-Operative Bank Limited : 151.90 Cr
  • Others : 26.40 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jun 2023Abhyudaya Co-Operative Bank Limited₹5.00 MOpen
23 Jul 2019Others₹15.00 CrOpen
23 Jul 2019Others₹6.40 CrOpen
23 Jul 2019Others₹5.00 CrOpen
28 Mar 2018Abhyudaya Co-Operative Bank Limited₹71.40 CrOpen

How Many Employees Work at Aakar Foundry?

Aakar Foundry has a workforce of 299 employees as of Jun 17, 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.

Employee growth trends for Aakar Foundry Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Aakar Foundry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited of Rs. 0.50 Cr registered on 23 Jun 2023 with Charge ID 100753863 was modified on 12 Jul 2023.

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100753863 was registered on 23 Jun 2023.

  • Director Appointment

    Shruti Kishor Nankar was appointed as a Company Secretary was appointed as a Company Secretary on 22 Jul 2022 & has been associated with this company since 2 years 7 months .

  • Charges

    A charge with Abhyudaya Co-Operative Bank Limited of Rs. 71.40 Cr registered on 28 Mar 2018 with Charge ID 100171367 was modified on 20 Aug 2019.

Frequently asked questions

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

    Aakar Foundry Private Limited was incorporated on 31 Aug 2006.

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

    The authorized share capital of Aakar Foundry Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.73 Cr.

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

    Currently 3 directors are associated with Aakar Foundry Private Limited.

    • Bharat Rajkumar Agarwal
    • Trupti Bharat Agarwal
    • Shruti Kishor Nankar
  • What is the registered address of Aakar Foundry Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakar Foundry Private Limited is 341 / 2 Ganpati Maal Thakar Vasti Behind Nhec Somatne Phata, Dabhade India, Talegaon Dabhade, Maharashtra, 410506.

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

    The corporate identification number (CIN) of Aakar Foundry Private Limited is U27310PN2006PTC128998 and the company number is 128998 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aakar Foundry Private Limited?

    The Official website of Aakar Foundry Private Limited is https://www.aakarfoundry.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Aakar Foundry Private Limited has risen by 4.88%.

  • How many employees does Aakar Foundry Private Limited currently have?

    As Per 2023 financial reports, 299 employees are currently employed by Aakar Foundry Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Aakar Foundry Private Limited has experienced an upsurge of 85.75%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Aakar Foundry Private Limited amount to ₹ 178.30 Cr.

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

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

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