Aakar Processors Private Limited

Trading and processing of various fibers, yarns, and fabrics since 1994 in Surat, Gujarat.

1994 | Surat, Gujarat (India) | Active
Last Updated: December 29, 2024

Aakar Processors Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.76 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.24 Cr
  • Satisfied Charges ₹ 7.05 Cr
  • Revenue Growth -6.28%
  • Profit Growth 81.10%
  • Ebitda -57.88%
  • Net Worth 0.66%
  • Total Assets 4.68%

About Aakar Processors

Aakar Processors Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 1994 and has a history of 30 years and ten months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Aakar Processors Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.76 Cr.

The company currently has active open charges totaling ₹2.24 Cr. The company has closed loans amounting to ₹7.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Taruna Rathi and Navalkishore Rathi serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1994PTC021582

  • Company No.

    021582

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Taruna Rathi Country flag representing In Director 29-Jul-2002 Current
Navalkishore Rathi Country flag representing In Director 21-Mar-1994 Current

Financial Performance of Aakar Processors.

Aakar Processors Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 6.28% decrease. The company also saw a substantial improvement in profitability, with a 81.1% increase in profit. The company's net worth moved up by a moderate rise of 0.66%.

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
-6.28%
Revenue from Operations
Total Assets
4.68%
Profit or Loss
81.10%
Net Worth
0.66%
EBITDA
-57.88%

What is the Ownership and Shareholding Structure of Aakar Processors?

In 2020, Aakar Processors 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

₹2.24 Cr

Satisfied Charges

₹7.05 Cr

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 2.24 Cr

Latest Charge Details

Date Lender Amount Status
10 Dec 2019 City Union Bank Limited ₹2.24 Cr Open
09 Apr 2010 Bank Of Baroda ₹5.00 M Satisfied
28 Jun 2006 State Bank Of Saurashtra ₹1.00 Cr Satisfied
27 Jan 2006 Bank Of Baroda ₹1.50 Cr Satisfied
16 Jan 2006 Bank Of Baroda ₹1.50 Cr Satisfied

How Many Employees Work at Aakar Processors?

Unlock and access historical data on people associated with Aakar Processors, 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 Aakar Processors, 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 Processors'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 Processors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited of Rs. 2.24 Cr registered on 10 Dec 2019 with Charge ID 100308169 was modified on 21 Feb 2022.

    21 Feb 2022

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.24 Cr with Charge ID 100308169 was registered on 10 Dec 2019.

    10 Dec 2019

  • Charges

    A charge registered on 09 Apr 2010 via Charge ID 10212051 with Bank Of Baroda was fully satisfied on 09 Oct 2019.

    09 Oct 2019

  • Charges

    A charge registered on 27 Jan 2006 via Charge ID 80035182 with Bank Of Baroda was fully satisfied on 28 Dec 2012.

    28 Dec 2012

Frequently asked questions

  • Aakar Processors Private Limited was incorporated on 21 Mar 1994.

  • The authorized share capital of Aakar Processors Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.76 Cr.

  • Currently 2 directors are associated with Aakar Processors Private Limited.

    • Taruna Navalkishore Rathi
    • Navalkishore Liladhar Rathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aakar Processors Private Limited is Plot No. B/57 B/58 B/59 B/60 Block No.69 Opp. Aaiswarya Dyeing Vaareli, India, Surat, Gujarat, 394235.

  • The corporate identification number (CIN) of Aakar Processors Private Limited is U17119GJ1994PTC021582 and the company number is 021582 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Aakar Processors Private Limited has fallen by -6.28%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Aakar Processors Private Limited has experienced an upsurge of 0.66%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Aakar Processors Private Limited amount to ₹ 2.24 Cr.

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

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