Aakash Ferrous Alloys Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.59 M
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.00 Cr
- Satisfied Charges ₹ 8.50 Cr
- Revenue Growth -33.69%
- Profit Growth -42.59%
- Ebitda -33.63%
- Net Worth 6.06%
- Total Assets 70.04%
About Aakash Ferrous Alloys
Aakash Ferrous Alloys Private Limited (AFAPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 November 2007 and has a history of 17 years and three months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Aakash Merchandise Private Limited. The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.59 M.
The company currently has active open charges totaling ₹34.00 Cr. The company has closed loans amounting to ₹8.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rachna Shrivastava and Gita Srivastava serve as directors at the Company.
Company Details
-
Location
Kolkata, West Bengal, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U51109WB2007PTC120173
-
Company No.
120173
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
02 Nov 2007
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Aakash Ferrous Alloys?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rachna Shrivastava
|
Director | 01-Jan-2015 | Current |
|
Gita Srivastava
|
Director | 01-Jan-2015 | Current |
Financial Performance of Aakash Ferrous Alloys.
Aakash Ferrous Alloys Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.69% decrease. The company also saw a substantial fall in profitability, with a 42.59% decrease in profit. The company's net worth moved up by a moderate rise of 6.06%.
- 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 Ferrous Alloys?
In 2023, Aakash Ferrous Alloys had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Janpragati Engineering Private LimitedRachna Shrivastava and Gita Srivastava are mutual person
Charges (Loans)
₹340.00 M
₹85.00 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 34.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2023 | State Bank Of India | ₹7.00 M | Open |
| 06 Jun 2022 | State Bank Of India | ₹4.80 Cr | Open |
| 02 Jul 2021 | State Bank Of India | ₹28.50 Cr | Open |
| 16 Nov 2015 | Allahabad Bank Beliaghata Branch | ₹3.00 Cr | Satisfied |
| 16 Nov 2015 | Allahabad Bank Beliaghata Branch | ₹3.00 Cr | Satisfied |
How Many Employees Work at Aakash Ferrous Alloys?
Unlock and access historical data on people associated with Aakash Ferrous Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Aakash Ferrous Alloys, 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 Ferrous Alloys'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.
