Akal Information Systems Limited

IT solutions for government, corporates, and smart cities with ISO certification.

2000 | Delhi (India) | Active
Last Updated: October 24, 2024

Akal Information Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 7.55 M
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.05 Cr
  • Satisfied Charges ₹ 20.61 Cr
  • Revenue Growth -20.81%
  • Profit Growth -45.82%
  • Ebitda -30.10%
  • Net Worth 9.89%
  • Total Assets -6.09%

About Akal Information Systems

Akal Information Systems Limited (AISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 January 2000 and has a history of 25 years and one month. Its registered office is in Delhi, India.

The Corporate was formerly known as S G Martin Infoway Limited. The Company is engaged in the Business Outsourcing 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 1.05 Cr and a paid-up capital of Rs 7.55 M.

The company currently has active open charges totaling ₹30.05 Cr. The company has closed loans amounting to ₹20.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sarabjit Singh, Sukhneet Kaur, Ajeet Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akalinfosys.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL2000PLC103438

  • Company No.

    103438

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Outsourcing
Information Technology

What products or services does Akal Information Systems Limited offer?

Akal Information Systems Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Business Planning and Management, Business Consultant, Communication Service, Unified Communications Solutions, Software Development Services, Customized Software Solution, Website Development Services, Server Development Services.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sarabjit Singh Country flag representing In Managing Director25-Jan-2000Current

Board Members (3)

NameDesignationAppointment DateStatus
Sukhneet Kaur Country flag representing In Whole-Time Director 25-Jan-2000Current
Ajeet Singh Country flag representing In Director 25-Jan-2000Current
Bakshin Kaur Country flag representing In Director 10-May-2024Current

Financial Performance of Akal Information Systems.

Akal Information Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.81% decrease. The company also saw a substantial fall in profitability, with a 45.82% decrease in profit. The company's net worth moved up by a moderate rise of 9.89%.

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
-20.81%
Revenue from Operations
-20.78%
Total Assets
-6.09%
Profit or Loss
-45.82%
Net Worth
9.89%
EBITDA
-30.10%

What is the Ownership and Shareholding Structure of Akal Information Systems?

In 2023, Akal Information Systems had a promoter holding of 99.44% and a public holding of 0.56%. The company had 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

₹30.05 Cr

Satisfied Charges

₹20.61 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.05 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2018Hdfc Bank Limited₹30.05 CrOpen
10 Aug 2017Karnataka Bank Ltd.₹5.00 CrSatisfied
11 Sep 2009Punjab & Sind Bank₹6.98 CrSatisfied
23 Mar 2009Punjab And Sind Bank₹2.00 CrSatisfied
23 Mar 2009Punjab And Sind Bank₹2.00 CrSatisfied

How Many Employees Work at Akal Information Systems?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Bakshin Kaur was appointed as a Director was appointed as a Director on 10 May 2024 & has been associated with this company since 9 months 18 days .

    10 May 2024

  • Annual General Meeting

    Akal Information Systems Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akal Information Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.05 Cr registered on 24 Sep 2018 with Charge ID 100209547 was modified on 09 Jan 2023.

    09 Jan 2023

  • Charges

    A charge registered on 10 Aug 2017 via Charge ID 100118441 with Karnataka Bank Ltd. was fully satisfied on 09 Oct 2019.

    09 Oct 2019

  • Charges

    A charge registered on 11 Sep 2009 via Charge ID 10175963 with Punjab & Sind Bank was fully satisfied on 03 Dec 2018.

    03 Dec 2018

Frequently asked questions

  • Akal Information Systems Limited was incorporated on 25 Jan 2000.

  • The authorized share capital of Akal Information Systems Limited is ₹ 1.05 Cr and paid-up capital is ₹ 7.55 M.

  • Currently 4 directors are associated with Akal Information Systems Limited.

    • Sarabjit Singh
    • Sukhneet Kaur
    • Ajeet Singh
    • Bakshin Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akal Information Systems Limited is L-130/1 Ground Floorgautam Nagar India, New Delhi, 110049.

  • The corporate identification number (CIN) of Akal Information Systems Limited is U74899DL2000PLC103438 and the company number is 103438 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akal Information Systems Limited is https://www.akalinfosys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akal Information Systems Limited has fallen by -20.81%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akal Information Systems Limited has experienced an upsurge of 9.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akal Information Systems Limited amount to ₹ 30.05 Cr.

  • The most recent Balance Sheet for Akal Information Systems Limited was filed with the ROC on 31 Mar 2023.

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