Aakash Oil Field Services Private Limited

Provides engineering services and equipment to oil & gas sector companies.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Aakash Oil Field Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.20 Cr
  • Satisfied Charges ₹ 34.60 Cr
  • Revenue Growth -1.04%
  • Profit Growth -79.79%
  • Ebitda 10.51%
  • Net Worth 3.10%
  • Total Assets -0.34%

About Aakash Oil Field Services

Aakash Oil Field Services Private Limited (AOFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 1992 and has a history of 32 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹37.20 Cr. The company has closed loans amounting to ₹34.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kaushal Parikh and Amee Parikh 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

    U15147GJ1992PTC018060

  • Company No.

    018060

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Aakash Oil Field Services Private Limited offer?

Aakash Oil Field Services Private Limited offers a wide range of products and services, including Installation Service, Window Installation Service, Construction Equipment Rental, Crane Rental, Automobile Repairing and Maintenance, Four Wheeler Repair and Maintenance Services.

Who are the key members and board of directors at Aakash Oil Field Services?

Board Members (2)

NameDesignationAppointment DateStatus
Kaushal Parikh Country flag representing In Director 15-Jun-1995Current
Amee Parikh Country flag representing In Director 31-Mar-2001Current

Financial Performance of Aakash Oil Field Services.

Aakash Oil Field Services Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.04% decrease. The company also saw a substantial fall in profitability, with a 79.79% decrease in profit. The company's net worth moved up by a moderate rise of 3.1%.

Aakash Oil Field Services revenue growth over time
Aakash Oil Field Services 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
-1.04%
Revenue from Operations
-1.37%
Total Assets
-0.34%
Profit or Loss
-79.79%
Net Worth
3.10%
EBITDA
10.51%

What is the Ownership and Shareholding Structure of Aakash Oil Field Services?

In 2021, Aakash Oil Field Services 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

₹371.96 M

Satisfied Charges

₹346.00 M

Charges Breakdown by Lending Institutions

  • Others : 32.86 Cr
  • Hdfc Bank Limited : 3.71 Cr
  • Axis Bank Limited : 0.62 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Others₹7.50 MOpen
06 May 2024Others₹1.00 CrOpen
15 Apr 2024Others₹1.70 CrOpen
01 Jan 2024Hdfc Bank Limited₹2.02 MOpen
06 Dec 2023Others₹1.20 MOpen

How Many Employees Work at Aakash Oil Field Services?

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

Employee growth trends for Aakash Oil Field Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aakash Oil Field 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 Oil Field Services'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 Oil Field Services

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 150.00 M registered on 08 Nov 2013 with Charge ID 10463493 was modified on 10 Dec 2024.

  • Charges

    A charge registered on 26 Aug 2020 via Charge ID 100364066 with Yes Bank Limited was fully satisfied on 05 Dec 2024.

  • Charges

    A charge registered on 08 Nov 2022 via Charge ID 100648837 with Axis Bank Limited was fully satisfied on 12 Nov 2024.

  • Charges

    A charge registered on 30 Oct 2021 via Charge ID 100501417 with Others was fully satisfied on 18 Oct 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100948803 was registered on 26 Jun 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Aakash Oil Field Services Private Limited?

    Aakash Oil Field Services Private Limited was incorporated on 28 Jul 1992.

  • What is authorized share capital and paid-up capital of Aakash Oil Field Services Private Limited?

    The authorized share capital of Aakash Oil Field Services Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.20 M.

  • Who are the current board members & directors of Aakash Oil Field Services Private Limited?

    Currently 2 directors are associated with Aakash Oil Field Services Private Limited.

    • Kaushal Shrikant Parikh
    • Amee Kaushal Parikh
  • What is the registered address of Aakash Oil Field Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Oil Field Services Private Limited is C-1203 Titanium Square S.G.Highway Thaltej Chokdi Bmw Showroo M Thaltej, India, Ahmedabad, Gujarat, 380054.

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

    The corporate identification number (CIN) of Aakash Oil Field Services Private Limited is U15147GJ1992PTC018060 and the company number is 018060 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aakash Oil Field Services Private Limited?

    The Official website of Aakash Oil Field Services Private Limited is https://www.aakashoilfield.com

  • What has been the recent revenue trend for Aakash Oil Field Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Aakash Oil Field Services Private Limited has fallen by -1.04%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Aakash Oil Field Services Private Limited has experienced an upsurge of 3.10%.

  • What are the total open charges for Aakash Oil Field Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Aakash Oil Field Services Private Limited amount to ₹ 37.20 Cr.

  • When was the last Balance Sheet of Aakash Oil Field Services Private Limited filed with the ROC?

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