Aakash Cables Private Limited

Manufactures and trades steel products, including cables and conductors, since 1998 in Raipur, Chhattisgarh.

1998 | Raipur, Chattisgarh (India) | Active
Last Updated:

Aakash Cables Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.98 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.65 Cr
  • Satisfied Charges ₹ 1.94 Cr
  • Revenue Growth -26.86%
  • Profit Growth 142.96%
  • Ebitda 10.81%
  • Net Worth 5.20%
  • Total Assets -31.95%

About Aakash Cables

Aakash Cables Private Limited (ACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 1998 and has a history of 26 years and five months. Its registered office is in Raipur, Chattisgarh, India.

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 M and a paid-up capital of Rs 1.98 M.

The company currently has active open charges totaling ₹4.65 Cr. The company has closed loans amounting to ₹1.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chandrakala Agrawal and Uday Agrawal serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300CT1998PTC013047

  • Company No.

    013047

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

Who are the key members and board of directors at Aakash Cables?

Board Members (2)

NameDesignationAppointment DateStatus
Chandrakala Agrawal Country flag representing In Director 07-Sep-1998Current
Uday Agrawal Country flag representing In Director 04-Jan-2005Current

Financial Performance of Aakash Cables.

Aakash Cables Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 26.86% decrease. The company also saw a substantial improvement in profitability, with a 142.96% increase in profit. The company's net worth moved up by a moderate rise of 5.2%.

Aakash Cables revenue growth over time
Aakash Cables 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
-26.86%
Revenue from Operations
-26.76%
Total Assets
-31.95%
Profit or Loss
142.96%
Net Worth
5.20%
EBITDA
10.81%

What is the Ownership and Shareholding Structure of Aakash Cables?

In 2019, Aakash Cables had a promoter holding of 69.30% and a public holding of 30.70%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.50 M

Satisfied Charges

₹19.42 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 4.65 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2013Bank Of Baroda₹2.00 CrOpen
01 Oct 2008Bank Of Baroda₹1.00 MOpen
24 Jul 2006Bank Of Baroda₹2.55 CrOpen
09 Jun 2003Indian Bank₹8.71 MSatisfied
24 Jan 2002Indian Bank₹8.71 MSatisfied

How Many Employees Work at Aakash Cables?

Unlock and access historical data on people associated with Aakash Cables, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Aakash Cables Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aakash Cables, 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 Cables'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 Aakash Cables

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Aakash Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 20.00 M with Charge ID 10454970 was registered on 26 Sep 2013.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1.00 M with Charge ID 10129629 was registered on 01 Oct 2008.

  • Charges

    A charge with Bank Of Baroda of Rs. 25.50 M registered on 24 Jul 2006 with Charge ID 10012373 was modified on 08 Jan 2008.

  • Charges

    A charge registered on 09 Jun 2003 via Charge ID 90205934 with Indian Bank was fully satisfied on 22 Feb 2007.

Frequently asked questions

  • What is the Incorporation or founding date of Aakash Cables Private Limited?

    Aakash Cables Private Limited was incorporated on 07 Sep 1998.

  • What is authorized share capital and paid-up capital of Aakash Cables Private Limited?

    The authorized share capital of Aakash Cables Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.98 M.

  • Who are the current board members & directors of Aakash Cables Private Limited?

    Currently 2 directors are associated with Aakash Cables Private Limited.

    • Chandrakala Agrawal
    • Uday Narayan Agrawal
  • What is the registered address of Aakash Cables Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Cables Private Limited is 7-New Industrial Area Rawabhata, India, Raipur, Chattisgarh, 492001.

  • What is the corporate identification number (CIN) and company number of Aakash Cables Private Limited?

    The corporate identification number (CIN) of Aakash Cables Private Limited is U31300CT1998PTC013047 and the company number is 013047 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Aakash Cables Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Aakash Cables Private Limited has fallen by -26.86%.

  • What change has been observed in the net worth of Aakash Cables Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Aakash Cables Private Limited has experienced an upsurge of 5.20%.

  • What are the total open charges for Aakash Cables Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Aakash Cables Private Limited amount to ₹ 4.65 Cr.

  • When was the last Balance Sheet of Aakash Cables Private Limited filed with the ROC?

    The most recent Balance Sheet for Aakash Cables Private Limited was filed with the ROC on 31 Mar 2024.