Aakar Motors Llp

Company specializes in buying, selling, and trading various motor vehicles as an authorized dealer.

2019 | Valsad, Gujarat (India) | Active
Last Updated:

Aakar Motors Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 0.10 M
  • Company Age 5 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 14.00 Cr
  • Revenue Growth %
  • Profit Growth 115.05%
  • Ebitda 36869608.86%
  • Total Assets 282.65%

About Aakar Motors Llp

Aakar Motors Llp (AML) is 5 Year, 8 Months old Limited Liability Partnership 24 July 2019. Its registered office is in Valsad, Gujarat, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2022 (FY 2021-2022). It's Total Obligation of Contribution is Rs 0.10 M as per MCA.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAQ-0410

  • Incorporation Date

    24 Jul 2019

  • Date of Accounts and Solvency Statement

    31 Mar 2022

  • ROC Code

    Roc-Ahmedabad

  • Company Classification

    Limited Liability Partnership

Industry

Automotive
Company report

Aakar Motors Llp

Explore comprehensive data for Aakar Motors Llp, including financials, compliance details, shareholding patterns, and litigation history.

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

Designated Partners (2)

NameDesignationAppointment DateStatus
Kunjalkumar Shah Country flag representing In Designated Partner 24-Jul-2019Current
Devalkumar Shah Country flag representing In Designated Partner 24-Jul-2019Current

Financial Performance of Aakar Motors Llp.

Aakar Motors Llp, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 115.05% increase in profit. The company's net worth witnessed no change by increase of 0%.

Aakar Motors Llp revenue growth over time
Aakar Motors Llp 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
Revenue from Operations
Total Assets
282.65%
Profit or Loss
115.05%
Net Worth
EBITDA
36869608.86%

What is the Ownership and Shareholding Structure of Aakar Motors Llp?

Unlock access to Aakar Motors Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹140.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2020Icici Bank Limited₹9.00 CrOpen
19 May 2020Icici Bank Limited₹2.00 CrOpen
16 May 2020Icici Bank Limited₹3.00 CrOpen

How Many Employees Work at Aakar Motors Llp?

Aakar Motors Llp has a workforce of 57 employees as of Apr 05, 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 Motors Llp

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Icici Bank Limited of Rs. 90.00 M registered on 06 Oct 2020 with Charge ID 100378857 was modified on 03 Jun 2023.

  • Statement of Assets & Liabilities

    Aakar Motors Llp has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Ahmedabad.

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 90.00 M with Charge ID 100378857 was registered on 06 Oct 2020.

  • Charges

    A charge with Icici Bank Limited of Rs. 20.00 M registered on 19 May 2020 with Charge ID 100340848 was modified on 20 May 2020.

  • Charges

    A charge with Icici Bank Limited of Rs. 30.00 M registered on 16 May 2020 with Charge ID 100354361 was modified on 20 May 2020.

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 20.00 M with Charge ID 100340848 was registered on 19 May 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Aakar Motors Llp?

    Aakar Motors Llp was incorporated on 24 Jul 2019.

  • What is Obligation of Contribution of Aakar Motors Llp?

    The Obligation of Contribution of Aakar Motors Llp is ₹ 0.10 M.

  • Who are the current designated partners & partners of Aakar Motors Llp?

    Currently 2 partners are associated with Aakar Motors Llp.

    • Kunjalkumar Subhashchandra Shah
    • Devalkumar Subhashchandra Shah
    Kunjalkumar Subhashchandra ShahDevalkumar Subhashchandra Shah
  • What is the registered address of Aakar Motors Llp?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakar Motors Llp is Plot No. Cm 8/17 Opp. Ashadham School, Nh No.8 G.I.D.C. Vapi, Gujarat, India, 396195.

  • What is the Limited Liability Partnership Identification Number (LLPIN) of Aakar Motors Llp?

    The Limited Liability Partnership Identification Number (LLPIN) of Aakar Motors Llp is AAQ-0410.

  • How many employees does Aakar Motors Llp currently have?

    As Per 2021 financial reports, 57 employees are currently employed by Aakar Motors Llp.

  • What are the total open charges for Aakar Motors Llp?

    As per the financial statements for fiscal Year 2021, The total open charges for Aakar Motors Llp amount to ₹ 14.00 Cr.

  • When was the last Balance Sheet of Aakar Motors Llp filed with the ROC?

    The most recent Balance Sheet for Aakar Motors Llp was filed with the ROC on 31 Mar 2022.

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