Aakash Exploration Services Profile
Key Indicators
- Authorised Capital ₹ 10.20 Cr
- Paid Up Capital ₹ 10.13 Cr
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.99 Cr
- Satisfied Charges ₹ 39.52 Cr
- Revenue Growth 21.55%
- Profit Growth -25.90%
- Ebitda -12.90%
- Net Worth 9.55%
- Total Assets 17.62%
About Aakash Exploration Services
Aakash Exploration Services Limited (AESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 January 2007 and has a history of 18 years and one month. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol AAKASH.
The Corporate was formerly known as Aakash Exploration Services Private Limited. The Company is engaged in the Energy And Power 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 10.20 Cr and a paid-up capital of Rs 10.13 Cr.
The company currently has active open charges totaling ₹35.99 Cr. The company has closed loans amounting to ₹39.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Aakash Exploration Services Limited India are Hemang Haria as CFO and Nisha Agrawal as Company Secretary. Piyush Savla, Divyang Patel, Krunal Haria, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L23209GJ2007PLC049792
- Company No.
049792
- Stock Symbol
NSE : AAKASH
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jan 2007
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Aakash Exploration Services Limited offer?
Aakash Exploration Services Limited offers a wide range of products and services, including Lubrication Systems and Equipment, Lubricating Systems, Drilling & Boring Equipment, Land Drilling Rig, Air Compressors, Accessories & Parts, Air Compressors, Pumps, Pumping Machines & Spares, Pumping Systems, Architectural & Civil Engineering, Architectural Services.
Who are the key members and board of directors at Aakash Exploration Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hemang Haria | CFO | 14-Dec-2017 | Current |
Nisha Agrawal  | Company Secretary | 20-Jan-2020 | Current |
| Vipul Haria | Managing Director | 17-Jan-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Piyush Savla | Director | 14-Dec-2017 | Current |
| Divyang Patel | Director | 14-Dec-2017 | Current |
| Krunal Haria | Whole-Time Director | 17-Jan-2007 | Current |
| Ami Shah | Director | 14-Dec-2017 | Current |
Financial Performance of Aakash Exploration Services.
Aakash Exploration Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.55% increase. The company also saw a substantial fall in profitability, with a 25.9% decrease in profit. The company's net worth moved up by a moderate rise of 9.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Aakash Exploration Services?
In 2023, Aakash Exploration Services had a promoter holding of 66.67% and a public holding of 33.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Optus Hydrotech Private LimitedVipul Haria is a mutual person
Dil Venture Oil And Gas Private LimitedKrunal Haria, Vipul Haria and 1 more are mutual person
- Go Green Infrastructure Private Limited
Vipul Haria is a mutual person
Charges (Loans)
₹35.99 Cr
₹39.52 Cr
Charges Breakdown by Lending Institutions
- Others : 32.04 Cr
- 3I Infotech Trusteeship Services Limited : 3.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Sep 2023 | Others | ₹1.24 Cr | Open |
| 20 Oct 2022 | Others | ₹2.25 Cr | Open |
| 29 Apr 2022 | Others | ₹7.50 Cr | Open |
| 19 Feb 2016 | Others | ₹17.50 Cr | Open |
| 18 Feb 2016 | Others | ₹3.55 Cr | Open |
How Many Employees Work at Aakash Exploration Services?
Aakash Exploration Services has a workforce of 737 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 Exploration Services, 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 Exploration Services'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.
