Akal Electricals Private Limited

Manufactures and trades electrical products such as transformers, alternators, and capacitors.

1999 | Ludhiana, Punjab (India) | Active
Last Updated:

Akal Electricals Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.81 Cr
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 30.82 Cr
  • Satisfied Charges ₹ 9.64 Cr
  • Revenue Growth %
  • Profit Growth 21.71%
  • Ebitda 25.91%
  • Net Worth -5.49%
  • Total Assets -48.95%

About Akal Electricals

Akal Electricals Private Limited (AEPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 1999 and has a history of 26 years and one month. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.81 Cr.

The company currently has active open charges totaling ₹30.82 Cr. The company has closed loans amounting to ₹9.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ishant Aggarwal and Gursharan Aggarwal serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31102PB1999PTC031620

  • Company No.

    031620

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1999

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables
Company report

Akal Electricals Private Limited

Explore comprehensive data for Akal Electricals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Akal Electricals?

Board Members (2)

NameDesignationAppointment DateStatus
Ishant Aggarwal Country flag representing In Director 28-Mar-2012Current
Gursharan Aggarwal Country flag representing In Director 01-Jan-2006Current

Financial Performance of Akal Electricals.

Akal Electricals Private Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 21.71% increase in profit. The company's net worth dipped by a decrease of 5.49%.

Akal Electricals revenue growth over time
Akal Electricals 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
Revenue from Operations
Total Assets
-48.95%
Profit or Loss
21.71%
Net Worth
-5.49%
EBITDA
25.91%

What is the Ownership and Shareholding Structure of Akal Electricals?

In 2018, Akal Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.82 Cr

Satisfied Charges

₹9.64 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 17.59 Cr
  • Edelweiss Asset Reconstruction Company Limited : 13.23 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2010Edelweiss Asset Reconstruction Company Limited₹13.23 CrOpen
27 Jul 2009Bank Of Baroda₹5.00 CrOpen
11 Apr 2008Bank Of Baroda₹12.59 CrOpen
16 Feb 2006State Bank Of India₹9.28 CrSatisfied
07 Mar 2003State Bank Of India₹1.50 MSatisfied

How Many Employees Work at Akal Electricals?

Unlock and access historical data on people associated with Akal Electricals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Akal Electricals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akal Electricals, 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 Akal Electricals'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 Akal Electricals

Recent activity within the organization

  • Annual General Meeting

    Akal Electricals Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Balance Sheet

    Akal Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chandigarh.

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 13.23 Cr registered on 17 Aug 2010 with Charge ID 10237715 was modified on 26 Jun 2014.

  • Director Appointment

    Ishant Aggarwal was appointed as a Director was appointed as a Director on 28 Mar 2012 & has been associated with this company since 13 years 29 days .

  • Charges

    A charge with Edelweiss Asset Reconstruction Company Limited amounted to Rs. 13.23 Cr with Charge ID 10237715 was registered on 17 Aug 2010.

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 5.00 Cr with Charge ID 10171669 was registered on 27 Jul 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Akal Electricals Private Limited?

    Akal Electricals Private Limited was incorporated on 10 Mar 1999.

  • What is authorized share capital and paid-up capital of Akal Electricals Private Limited?

    The authorized share capital of Akal Electricals Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.81 Cr.

  • Who are the current board members & directors of Akal Electricals Private Limited?

    Currently 2 directors are associated with Akal Electricals Private Limited.

    • Ishant Aggarwal
    • Gursharan Dass Aggarwal
  • What is the registered address of Akal Electricals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akal Electricals Private Limited is 2657 Gurdev Nagar India, Ludhiana, Punjab, 141001.

  • What is the corporate identification number (CIN) and company number of Akal Electricals Private Limited?

    The corporate identification number (CIN) of Akal Electricals Private Limited is U31102PB1999PTC031620 and the company number is 031620 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Akal Electricals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Akal Electricals Private Limited has experienced an downturn of -5.49%.

  • What are the total open charges for Akal Electricals Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Akal Electricals Private Limited amount to ₹ 30.82 Cr.

  • When was the last Balance Sheet of Akal Electricals Private Limited filed with the ROC?

    The most recent Balance Sheet for Akal Electricals Private Limited was filed with the ROC on 31 Mar 2018.

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