Aakash Automobiles Profile
Key Indicators
- Authorised Capital ₹ 1.30 Cr
- Paid Up Capital ₹ 1.30 Cr
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 19.02 Cr
- Satisfied Charges ₹ 3.63 Cr
- Revenue Growth -14.63%
- Profit Growth 9.03%
- Ebitda -2.19%
- Net Worth 13.54%
- Total Assets -26.06%
About Aakash Automobiles
Aakash Automobiles Private Limited (AAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2005 and has a history of 19 years and eight 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 2023. It's a company limited by shares with an authorized capital of Rs 1.30 Cr and a paid-up capital of Rs 1.30 Cr.
The company currently has active open charges totaling ₹19.02 Cr. The company has closed loans amounting to ₹3.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
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
U15101PY2005PTC001861
- Company No.
001861
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pondicherry
Industry
Who are the key members and board of directors at Aakash Automobiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajavel Shanmugasamy  | Director | 02-May-2005 | Current |
| Shanthi Rajavel | Additional Director | 25-May-2022 | Current |
Financial Performance of Aakash Automobiles.
Aakash Automobiles Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.63% decrease. The company also saw a slight improvement in profitability, with a 9.03% increase in profit. The company's net worth Soared by an impressive increase of 13.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Aakash Automobiles?
In 2018, Aakash Automobiles 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 Auto Private LimitedRajavel Shanmugasamy and Shanthi Rajavel are mutual person
Charges (Loans)
₹19.02 Cr
₹3.63 Cr
Charges Breakdown by Lending Institutions
- Others : 18.42 Cr
- State Bank Of India : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2024 | Others | ₹0.60 M | Open |
| 22 Feb 2024 | Others | ₹1.10 M | Open |
| 31 Oct 2023 | Others | ₹4.90 Cr | Open |
| 12 Jul 2023 | State Bank Of India | ₹6.00 M | Open |
| 06 Oct 2016 | Others | ₹5.00 Cr | Open |
How Many Employees Work at Aakash Automobiles?
Aakash Automobiles has a workforce of 154 employees as of Mar 25, 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 Automobiles, 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 Automobiles'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.
