Aakash Polyesters Profile
Key Indicators
- Authorised Capital ₹ 1.70 Cr
- Paid Up Capital ₹ 1.34 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 46.93 Cr
- Satisfied Charges ₹ 18.99 Cr
- Revenue Growth 42.47%
- Profit Growth 20.70%
- Ebitda 31.82%
- Net Worth 6.80%
- Total Assets 35.86%
About Aakash Polyesters
Aakash Polyesters Pvt Ltd (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 July 1991 and has a history of 33 years and six months. Its registered office is in Karanj, Gujarat, 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 1.70 Cr and a paid-up capital of Rs 1.34 Cr.
The company currently has active open charges totaling ₹46.93 Cr. The company has closed loans amounting to ₹18.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amita Gulati, Vimal Gulati, and Nishith Gulati serve as directors at the Company.
Company Details
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Location
Karanj, Gujarat, 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
U17110GJ1991PTC015991
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Company No.
015991
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Jul 1991
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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 Ahmedabad
Industry
Who are the key members and board of directors at Aakash Polyesters?
Board Members (3)
Name | Designation | Appointment Date | Status |
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Amita Gulati
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Director | 06-Jan-2003 | Current |
Vimal Gulati
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Director | 06-Jan-2003 | Current |
Nishith Gulati
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Director | 06-Jan-2003 | Current |
Financial Performance of Aakash Polyesters.
Aakash Polyesters Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 42.47% increase. The company also saw a substantial improvement in profitability, with a 20.7% increase in profit. The company's net worth moved up by a moderate rise of 6.8%.
![Graph illustrating revenue growth over time](/Images/financial/revenue-growth.webp)
![Graph showing profit and loss trends over time](/Images/financial/profit-loss.webp)
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Aakash Polyesters?
In 2023, Aakash Polyesters had a promoter holding of 62.69% and a public holding of 37.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
![Shareholding Indicator graph](/Images/tcc-login/Shareholding-Indiacator-1200.webp)
Charges (Loans)
₹46.93 Cr
₹18.99 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 46.93 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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09 Jun 2021 | Standard Chartered Bank | ₹8.55 M | Open |
09 Jun 2021 | Standard Chartered Bank | ₹1.71 Cr | Open |
02 Jun 2021 | Standard Chartered Bank | ₹20.90 Cr | Open |
02 Jun 2021 | Standard Chartered Bank | ₹1.71 Cr | Open |
06 Apr 2021 | Standard Chartered Bank | ₹20.90 Cr | Open |
How Many Employees Work at Aakash Polyesters?
Unlock and access historical data on people associated with Aakash Polyesters, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
![Graph showing employee growth trends](/Images/tcc-login/Employee-Graph.webp)
Deals i
![Graph showing company valuation over time](/Images/tcc-login/Valuation-Graph-small.webp)
Gain comprehensive insights into the Deals and Valuation data of Aakash Polyesters, 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 Polyesters's trajectory.
Rating
![Graph displaying rating trends over time](/Images/tcc-login/Rating-Graph-small.webp)
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](/Images/tcc-login/Alert-Indicator-small.webp)
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.