Aakash Motors Private Limited

Motorcycle trading company established in 1998 with headquarters in Orissa.

1998 | Bargarh, Odisha (India) | Active
Last Updated:

Aakash Motors Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.71 M
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.90 Cr
  • Satisfied Charges ₹ 5.48 Cr
  • Revenue Growth 21.44%
  • Profit Growth -38.81%
  • Ebitda 10.38%
  • Net Worth 3.43%
  • Total Assets -22.06%

About Aakash Motors

Aakash Motors Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 December 1998 and has a history of 26 years and two months. Its registered office is in Bargarh, Odisha, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.71 M.

The company currently has active open charges totaling ₹10.90 Cr. The company has closed loans amounting to ₹5.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aakash Agrawal and Sarojdevi Agrawal serve as directors at the Company.

Company Details

  • Location

    Bargarh, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401OR1998PTC005583

  • Company No.

    005583

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 1998

  • Date of AGM

    20 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Aakash Agrawal Country flag representing In Director 18-Dec-1998Current
Sarojdevi Agrawal Country flag representing In Director 01-Nov-2009Current

Financial Performance of Aakash Motors.

Aakash Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.44% increase. The company also saw a substantial fall in profitability, with a 38.81% decrease in profit. The company's net worth moved up by a moderate rise of 3.43%.

Aakash Motors revenue growth over time
Aakash Motors 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
21.44%
Revenue from Operations
21.52%
Total Assets
-22.06%
Profit or Loss
-38.81%
Net Worth
3.43%
EBITDA
10.38%

What is the Ownership and Shareholding Structure of Aakash Motors?

In 2023, Aakash Motors had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.00 M

Satisfied Charges

₹54.75 M

Charges Breakdown by Lending Institutions

  • Others : 5.90 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2024Axis Bank Limited₹5.00 CrOpen
05 Aug 2020Others₹2.40 CrOpen
04 Mar 2011Others₹3.50 CrOpen
13 Jul 2015Indusind Bank Ltd.₹3.00 CrSatisfied
02 Mar 2007Punjab National Bank₹1.50 CrSatisfied

How Many Employees Work at Aakash Motors?

Aakash Motors has a workforce of 30 employees as of Apr 06, 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.

Employee growth trends for Aakash Motors Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Aakash Motors Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 M with Charge ID 100990682 was registered on 16 Aug 2024.

  • Charges

    A charge with Others of Rs. 24.00 M registered on 05 Aug 2020 with Charge ID 100362506 was modified on 19 Jul 2024.

  • Balance Sheet

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

  • Charges

    A charge registered on 13 Jul 2015 via Charge ID 10580956 with Indusind Bank Ltd. was fully satisfied on 21 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 24.00 M with Charge ID 100362506 was registered on 05 Aug 2020.

Frequently asked questions

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

    Aakash Motors Private Limited was incorporated on 18 Dec 1998.

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

    The authorized share capital of Aakash Motors Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.71 M.

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

    Currently 2 directors are associated with Aakash Motors Private Limited.

    • Aakash Kumar Agrawal
    • Sarojdevi Agrawal

  • What is the registered address of Aakash Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Motors Private Limited is Bhatli Chowk N.H.-6, India, Bargarh, Orissa, 768028.

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

    The corporate identification number (CIN) of Aakash Motors Private Limited is U50401OR1998PTC005583 and the company number is 005583 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Aakash Motors Private Limited has risen by 21.44%.

  • How many employees does Aakash Motors Private Limited currently have?

    As Per 2023 financial reports, 30 employees are currently employed by Aakash Motors Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Aakash Motors Private Limited has experienced an upsurge of 3.43%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Aakash Motors Private Limited amount to ₹ 10.90 Cr.

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

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

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