Aakash Wood Products Limited

Manufacturer of plywood, doors, and boards with ISO certification, established in 1988.

1988 | Dimapur, Nagaland (India) | Active
Last Updated:

Aakash Wood Products Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.56 Cr
  • Company Age 37 Year, 11 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.06 Cr
  • Revenue Growth -39.52%
  • Profit Growth 101.91%
  • Ebitda 55.27%
  • Net Worth 0.78%
  • Total Assets -3.65%

About Aakash Wood Products

Aakash Wood Products Limited (AWPL) is a Public Limited Indian Non-Government Company incorporated in India on 03 May 1988 and has a history of 37 years. Its registered office is in Dimapur, Nagaland, India.

The Corporate was formerly known as Gyan Products Ltd. 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 2.00 Cr and a paid-up capital of Rs 1.56 Cr.

The company has closed loans amounting to ₹1.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vinay Sethi, Suresh Sethi, Kapoor Sethi, and One other member serve as directors at the Company.

Company Details

  • Location

    Dimapur, Nagaland, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20211NL1988PLC002971

  • Company No.

    002971

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Manufacturing

What products or services does Aakash Wood Products Limited offer?

Aakash Wood Products Limited offers a wide range of products and services, including Wooden Door, Plywood Door.

Company report

Aakash Wood Products Limited

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

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

Board Members (4)

NameDesignationAppointment DateStatus
Vinay Sethi Country flag representing In Director 30-Sep-2016Current
Suresh Sethi Country flag representing In Director 28-Sep-2001Current
Kapoor Sethi Country flag representing In Director 27-Sep-2002Current
Jongshi Meren Country flag representing In Director 30-Sep-2016Current

Financial Performance of Aakash Wood Products.

Aakash Wood Products Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.52% decrease. The company also saw a substantial improvement in profitability, with a 101.91% increase in profit. The company's net worth moved up by a moderate rise of 0.78%.

Aakash Wood Products revenue growth over time
Aakash Wood Products 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
-39.52%
Revenue from Operations
-64.40%
Total Assets
-3.65%
Profit or Loss
101.91%
Net Worth
0.78%
EBITDA
55.27%

What is the Ownership and Shareholding Structure of Aakash Wood Products?

In 2023, Aakash Wood Products had a promoter holding of 5.69% and a public holding of 94.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.06 Cr

Charges Breakdown by Lending Institutions

  • Nagaland Industrial Development Corporation Ltd. : 0.84 Cr
  • State Bank Of India : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 1990State Bank Of India₹2.20 MSatisfied
15 Oct 1988Nagaland Industrial Development Corporation Ltd.₹8.40 MSatisfied

How Many Employees Work at Aakash Wood Products?

Aakash Wood Products has a workforce of 8 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 Wood Products Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Aakash Wood Products Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

  • Charges

    A charge registered on 15 Oct 1988 via Charge ID 90265442 with Nagaland Industrial Development Corporation Ltd. was fully satisfied on 28 Mar 2023.

  • Charges

    A charge registered on 31 Mar 1990 via Charge ID 90265483 with State Bank Of India was fully satisfied on 06 May 2022.

  • Director Appointment

    Vinay Sethi was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 7 months .

  • Director Appointment

    Jongshi Meren was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 7 months .

Frequently asked questions

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

    Aakash Wood Products Limited was incorporated on 03 May 1988.

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

    The authorized share capital of Aakash Wood Products Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.56 Cr.

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

    Currently 4 directors are associated with Aakash Wood Products Limited.

    • Vinay Sethi
    • Suresh Jain Sethi
    • Kapoor Chand Sethi
    • Jongshi Meren

  • What is the registered address of Aakash Wood Products Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Aakash Wood Products Limited is Jain Temple Road India, Dimapur, Nagaland, 797112.

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

    The corporate identification number (CIN) of Aakash Wood Products Limited is U20211NL1988PLC002971 and the company number is 002971 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Aakash Wood Products Limited has fallen by -39.52%.

  • How many employees does Aakash Wood Products Limited currently have?

    As Per 2023 financial reports, 8 employees are currently employed by Aakash Wood Products Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Aakash Wood Products Limited has experienced an upsurge of 0.78%.

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

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

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