Aakash Universal Limited

Founded in 1995 and headquartered in Maharashtra, India.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Aakash Universal Profile

Key Indicators

  • Authorised Capital ₹ 13.23 Cr
  • Paid Up Capital ₹ 6.26 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.00 Cr
  • Satisfied Charges ₹ 16.99 Cr
  • Revenue Growth -23.43%
  • Profit Growth -30.18%
  • Ebitda 28.61%
  • Net Worth 5.45%
  • Total Assets 39.64%

About Aakash Universal

Aakash Universal Limited (AUL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 October 1995 and has a history of 29 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Aakash Stone Industries Limited. 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 13.23 Cr and a paid-up capital of Rs 6.26 Cr.

The company currently has active open charges totaling ₹24.00 Cr. The company has closed loans amounting to ₹16.99 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14100MH1995PLC093895

  • Company No.

    093895

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Metals and Minerals

What products or services does Aakash Universal Limited offer?

Aakash Universal Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Colored Marble, Metamorphic Stone, Marbles, Natural Stone, Imported Marble, Italian Marble, Onyx Marble, Travertine, Emperador Marble.

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

Board Members (3)

Name Designation Appointment Date Status
Aakash Jajodia Country flag representing In Director 01-Jun-2011 Current
Aditi Jajodia Country flag representing In Director 16-Mar-2020 Current
Ankit Jajodia Country flag representing In Whole-Time Director 11-Dec-2012 Current

Financial Performance of Aakash Universal.

Aakash Universal Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.43% decrease. The company also saw a substantial fall in profitability, with a 30.18% decrease in profit. The company's net worth moved up by a moderate rise of 5.45%.

Graph illustrating revenue growth over time
Graph showing 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
-23.43%
Revenue from Operations
-22.93%
Total Assets
39.64%
Profit or Loss
-30.18%
Net Worth
5.45%
EBITDA
28.61%

What is the Ownership and Shareholding Structure of Aakash Universal?

In 2023, Aakash Universal had a promoter holding of 42.33% and a public holding of 57.67%. The company had 14 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.00 Cr

Satisfied Charges

₹16.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2023 Others ₹10.00 Cr Open
29 Mar 2010 Others ₹14.00 Cr Open
29 May 2017 Hdfc Bank Limited ₹1.90 M Satisfied
29 Mar 2010 Bank Of Baroda ₹12.00 Cr Satisfied
23 Mar 2001 Bank Of Baroda ₹2.10 Cr Satisfied

How Many Employees Work at Aakash Universal?

Aakash Universal has a workforce of 4 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Aakash Universal Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aakash Universal Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100699617 was registered on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge registered on 29 May 2017 via Charge ID 100129941 with Hdfc Bank Limited was fully satisfied on 28 Nov 2022.

    28 Nov 2022

  • Charges

    A charge registered on 29 Mar 2010 via Charge ID 10214267 with Bank Of Baroda was fully satisfied on 12 Apr 2022.

    12 Apr 2022

  • Charges

    A charge with Others of Rs. 14.00 Cr registered on 29 Mar 2010 with Charge ID 10214266 was modified on 04 Mar 2022.

    04 Mar 2022

Frequently asked questions

  • Aakash Universal Limited was incorporated on 20 Oct 1995.

  • The authorized share capital of Aakash Universal Limited is ₹ 13.23 Cr and paid-up capital is ₹ 6.26 Cr.

  • Currently 3 directors are associated with Aakash Universal Limited.

    • Aakash Ramawatar Jajodia
    • Aditi Jajodia
    • Ankit Krishna Jajodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Universal Limited is Santacruz Airport Side Marblemarket W E Highway Rajendra Prasad Nagar Vile Parle, Mumbai, Maharashtra, India, 400099.

  • The corporate identification number (CIN) of Aakash Universal Limited is U14100MH1995PLC093895 and the company number is 093895 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aakash Universal Limited is https://www.aakashgroup.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aakash Universal Limited has fallen by -23.43%.

  • As Per 2023 financial reports, 4 employees are currently employed by Aakash Universal Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aakash Universal Limited has experienced an upsurge of 5.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aakash Universal Limited amount to ₹ 24.00 Cr.

  • The most recent Balance Sheet for Aakash Universal Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Steel Manufacturing & Processing