Aakash Polyfilms Limited

Manufactures and processes metalized and holographic films for various industries.

1994 | Surat, Gujarat (India) | Active
Last Updated:

Aakash Polyfilms Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.95 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 500.32 Cr
  • Satisfied Charges ₹ 7.58 M
  • Revenue Growth -12.05%
  • Profit Growth -36.91%
  • Ebitda -59.20%
  • Net Worth 51.24%
  • Total Assets 169.15%

About Aakash Polyfilms

Aakash Polyfilms Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 September 1994 and has a history of 30 years and eight months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Real Resins Limited. The Company is engaged in the Packaging 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 8.00 Cr and a paid-up capital of Rs 7.95 Cr.

The company currently has active open charges totaling ₹500.32 Cr. The company has closed loans amounting to ₹7.58 M, as per Ministry of Corporate Affairs (MCA) records.

Rajniben Tulsiani, Pavan Tulsiani, and Jyotika Tulsiani serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1994PLC022937

  • Company No.

    022937

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Sep 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Aakash Polyfilms Limited offer?

Aakash Polyfilms Limited offers a wide range of products and services, including Packaging Films & Foils, Packaging Rolls.

Company report

Aakash Polyfilms Limited

Explore comprehensive data for Aakash Polyfilms Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajniben Tulsiani Country flag representing In Director 14-Apr-2000Current
Pavan Tulsiani Country flag representing In Director 14-Apr-2000Current
Jyotika Tulsiani Country flag representing In Director 30-Jul-2021Current

Financial Performance of Aakash Polyfilms.

Aakash Polyfilms Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.05% decrease. The company also saw a substantial fall in profitability, with a 36.91% decrease in profit. The company's net worth Soared by an impressive increase of 51.24%.

Aakash Polyfilms revenue growth over time
Aakash Polyfilms 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
-12.05%
Revenue from Operations
-13.17%
Total Assets
169.15%
Profit or Loss
-36.91%
Net Worth
51.24%
EBITDA
-59.20%

What is the Ownership and Shareholding Structure of Aakash Polyfilms?

In 2023, Aakash Polyfilms had a promoter holding of 97.95% and a public holding of 2.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹500.32 Cr

Satisfied Charges

₹0.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 447.89 Cr
  • Oriental Bank Of Commerce : 31.35 Cr
  • Axis Bank Limited : 20.50 Cr
  • Hdfc Bank Limited : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2023Hdfc Bank Limited₹3.39 MOpen
22 Jun 2023Axis Bank Limited₹10.25 CrOpen
21 Apr 2023Hdfc Bank Limited₹0.81 MOpen
04 Feb 2023Hdfc Bank Limited₹1.63 MOpen
14 Feb 2022Others₹54.32 CrOpen

How Many Employees Work at Aakash Polyfilms?

Aakash Polyfilms has a workforce of 60 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 Polyfilms Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Aakash Polyfilms Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.34 Cr with Charge ID 100832065 was registered on 18 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.25 Cr with Charge ID 100740813 was registered on 22 Jun 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 10.25 Cr registered on 27 Dec 2019 with Charge ID 100315460 was modified on 26 Apr 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100712815 was registered on 21 Apr 2023.

Frequently asked questions

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

    Aakash Polyfilms Limited was incorporated on 02 Sep 1994.

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

    The authorized share capital of Aakash Polyfilms Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.95 Cr.

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

    Currently 3 directors are associated with Aakash Polyfilms Limited.

    • Rajniben Kishanchand Tulsiani
    • Pavan Kishinchand Tulsiani
    • Jyotika Pavankumar Tulsiani
  • What is the registered address of Aakash Polyfilms Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Polyfilms Limited is Plot No. I-138-139-140 Road Id-1 Gidc Sachin India, Surat, Gujarat, 394230.

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

    The corporate identification number (CIN) of Aakash Polyfilms Limited is U17119GJ1994PLC022937 and the company number is 022937 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Aakash Polyfilms Limited?

    The Official website of Aakash Polyfilms Limited is https://www.aakashpolyfilms.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Aakash Polyfilms Limited has fallen by -12.05%.

  • How many employees does Aakash Polyfilms Limited currently have?

    As Per 2023 financial reports, 60 employees are currently employed by Aakash Polyfilms Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Aakash Polyfilms Limited has experienced an upsurge of 51.24%.

  • What are the total open charges for Aakash Polyfilms Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Aakash Polyfilms Limited amount to ₹ 500.32 Cr.

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

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

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