Akal Information Systems Profile
Key Indicators
- Authorised Capital ₹ 1.05 Cr
as on 24-10-2024
- Paid Up Capital ₹ 7.55 M
as on 24-10-2024
- Company Age 24 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.05 Cr
as on 24-10-2024
- Satisfied Charges ₹ 20.61 Cr
as on 24-10-2024
- Revenue -20.81%
(FY 2023)
- Profit -45.82%
(FY 2023)
- Ebitda -30.10%
(FY 2023)
- Net Worth 9.89%
(FY 2023)
- Total Assets -6.09%
(FY 2023)
About Akal Information Systems
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sarabjit Singh  | Managing Director | 25-Jan-2000 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sukhneet Kaur | Whole-Time Director | 25-Jan-2000 | Current |
| Ajeet Singh | Director | 25-Jan-2000 | Current |
| Bakshin Kaur | Director | 10-May-2024 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 24 Sep 2018 | ₹30.05 Cr | Open |
Karnataka Bank Ltd. Creation Date: 10 Aug 2017 | ₹5.00 Cr | Satisfied |
Punjab & Sind Bank Creation Date: 11 Sep 2009 | ₹6.98 Cr | Satisfied |
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.
Deals i
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
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.
