Aakash Conductors And Wires India Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 8.00 M
- Company Age 26 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.71 Cr
- Satisfied Charges ₹ 8.52 Cr
- Revenue Growth -11.49%
- Profit Growth -77.77%
- Ebitda -111.52%
- Net Worth 0.96%
- Total Assets -9.15%
About Aakash Conductors And Wires India
Aakash Conductors And Wires India Private Limited (ACAWIPL) 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 Manufacturing 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 8.00 M and a paid-up capital of Rs 8.00 M.
The company currently has active open charges totaling ₹9.71 Cr. The company has closed loans amounting to ₹8.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
Uday Agrawal and Aakash Agrawal serve as directors at the Company.
Company Details
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Location
Raipur, Chattisgarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U80100CT1998PTC013048
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Company No.
013048
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Sep 1998
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
What products or services does Aakash Conductors And Wires India Private Limited offer?
Aakash Conductors And Wires India Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Iron Wire, Gate, Grilles, Fences & Railings, Fencing Wire, Wood, Plywood, Veneer & Laminates, Bamboo and bamboo Products, Metal Wire, Plastic Fences.
Who are the key members and board of directors at Aakash Conductors And Wires India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Uday Agrawal
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Director | 07-Sep-1998 | Current |
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Aakash Agrawal
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Director | 07-Sep-1998 | Current |
Financial Performance of Aakash Conductors And Wires India.
Aakash Conductors And Wires India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.49% decrease. The company also saw a substantial fall in profitability, with a 77.77% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.
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What is the Ownership and Shareholding Structure of Aakash Conductors And Wires India?
In 2023, Aakash Conductors And Wires India had a promoter holding of 70.84% and a public holding of 29.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Aakash Power And Steel Private LimitedUday Agrawal and Aakash Agrawal are mutual person
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Jaishri Krishna Agrifresh Private LimitedUday Agrawal is a mutual person
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Aakash Cables Private Limited
Uday Agrawal is a mutual person
Charges (Loans)
₹97.10 M
₹85.15 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2021 | Axis Bank Limited | ₹1.21 Cr | Open |
| 08 Mar 2018 | Axis Bank Limited | ₹8.50 Cr | Open |
| 16 Jun 2006 | Allahabad Bank | ₹7.27 Cr | Satisfied |
| 22 Dec 1998 | State Bank Of India | ₹1.25 Cr | Satisfied |
How Many Employees Work at Aakash Conductors And Wires India?
Aakash Conductors And Wires India has a workforce of 4 employees as of Apr 08, 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 Conductors And Wires India, 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 Conductors And Wires India'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.