Akaash Belting Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 23-12-2024
- Paid Up Capital ₹ 1.78 M
as on 23-12-2024
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.06 Cr
as on 23-12-2024
- Satisfied Charges ₹ 2.05 Cr
as on 23-12-2024
- Revenue 12.51%
(FY 2022)
- Profit 18.50%
(FY 2022)
- Ebitda 29.87%
(FY 2022)
- Net Worth 17.58%
(FY 2022)
- Total Assets 0.24%
(FY 2022)
About Akaash Belting
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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.78 M.
The company currently has active open charges totaling ₹4.06 Cr. The company has closed loans amounting to ₹2.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satish Kumar, Aman Asija, Arun Papneja, and One other member serve as directors at the Company.
- CIN/LLPIN
U25199PB1994PTC014596
- Company No.
014596
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Muktsar, Punjab, India
- Telephone
- Email Address
- Website
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- Social Media-
What products or services does Akaash Belting Pvt Ltd offer?
Akaash Belting Pvt Ltd offers a wide range of products and services, including Industrial Belts & V Belts, Machine Belt, V Belts.
Who are the key members and board of directors at Akaash Belting?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satish Kumar  | Managing Director | 20-May-1994 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aman Asija | Director | 31-Jan-2023 | Current |
| Arun Papneja | Director | 05-Jul-2023 | Current |
| Raj Rani | Director | 20-May-1994 | Current |
Financial Performance of Akaash Belting.
Akaash Belting Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 12.51% increase. The company also saw a substantial improvement in profitability, with a 18.5% increase in profit. The company's net worth Soared by an impressive increase of 17.58%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akaash Belting?
In 2021, Akaash Belting had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 Sep 2023 | ₹5.00 M | Open |
Others Creation Date: 28 Oct 2021 | ₹0.77 M | Open |
Others Creation Date: 03 Apr 2021 | ₹1.85 M | Open |
How Many Employees Work at Akaash Belting?
Akaash Belting has a workforce of 40 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akaash Belting, 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 Akaash Belting's trajectory.
Rating
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
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.
