Aakar Foundry Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 15.73 Cr
- Company Age 18 Year, 5 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 five 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
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Location
Pune, Maharashtra, 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
U27310PN2006PTC128998
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Company No.
128998
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Aug 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Agarwal
|
Managing Director | 31-Aug-2006 | Current |
| Shruti Nankar | Company Secretary | 22-Jul-2022 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Trupti Agarwal
|
Director | 31-Aug-2006 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Pure Information Technology Private LimitedBharat Agarwal is a mutual person
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Mkp Mobility LimitedTrupti Agarwal is a mutual person
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Vishwakarma Hostels LlpBharat Agarwal and Trupti Agarwal are mutual person
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Udnav Software Services Private Limited
Bharat Agarwal and Trupti Agarwal are mutual person
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Vishwakarma Educational Foundation
Bharat Agarwal and Trupti Agarwal are mutual person
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Eduplusnow Learning Systems Private Limited
Bharat Agarwal and Trupti Agarwal are mutual person
Charges (Loans)
₹178.30 Cr
₹35.68 Cr
Charges Breakdown by Lending Institutions
- Abhyudaya Co-Operative Bank Limited : 151.90 Cr
- Others : 26.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2023 | Abhyudaya Co-Operative Bank Limited | ₹5.00 M | Open |
| 23 Jul 2019 | Others | ₹15.00 Cr | Open |
| 23 Jul 2019 | Others | ₹6.40 Cr | Open |
| 23 Jul 2019 | Others | ₹5.00 Cr | Open |
| 28 Mar 2018 | Abhyudaya Co-Operative Bank Limited | ₹71.40 Cr | Open |
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.
Deals i
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
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.
