Aakash Auto Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
- Paid Up Capital ₹ 1.10 Cr
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 3.00 Cr
- Satisfied Charges ₹ 7.95 Cr
- Revenue Growth -16.52%
- Profit Growth 242.43%
- Ebitda 948.92%
- Net Worth 245.52%
- Total Assets -21.17%
About Aakash Auto
Aakash Auto Private Limited (AAPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 2006 and has a history of 18 years and nine months. Its registered office is in Pondicherry, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.10 Cr and a paid-up capital of Rs 1.10 Cr.
The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹7.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Palanivelu, Rajavel Shanmugasamy, and Shanthi Rajavel serve as directors at the Company.
Company Details
- Location
Pondicherry, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U50401PY2006PTC001952
- Company No.
001952
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2006
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Pondicherry
Industry
Automotive
What products or services does Aakash Auto Private Limited offer?
Aakash Auto Private Limited offers a wide range of products and services, including Motorcycles and Cars, Cars, Motor Cars, Luxury Car.
Who are the key members and board of directors at Aakash Auto?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Palanivelu  | Managing Director | 02-May-2006 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajavel Shanmugasamy | Director | 02-May-2006 | Current |
| Shanthi Rajavel | Director | 23-Nov-2017 | Current |
Financial Performance of Aakash Auto.
Aakash Auto Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 16.52% decrease. The company also saw a substantial improvement in profitability, with a 242.43% increase in profit. The company's net worth Soared by an impressive increase of 245.52%.
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What is the Ownership and Shareholding Structure of Aakash Auto?
In 2021, Aakash Auto 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)
Aakash Automobiles Private LimitedRajavel Shanmugasamy and Shanthi Rajavel are mutual person
Charges (Loans)
Open Charges
₹3.00 Cr
Satisfied Charges
₹7.95 Cr
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2016 | Others | ₹3.00 Cr | Open |
| 28 May 2007 | State Bank Of India | ₹7.95 Cr | Satisfied |
How Many Employees Work at Aakash Auto?
Aakash Auto has a workforce of 7 employees as of Apr 09, 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 Aakash Auto, 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 Aakash Auto'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.